Topic: [ANN - Pre-ICO] BlockPay - Zero Cost, digital currency Point-Of-Sale systems - page 21. (Read 44555 times)
August 24, 2016, 05:50:56 AM
What does zero cost means? does it mean zero transaction cost or what?sorry for being posing a noob question
August 24, 2016, 05:48:03 AM
And why do you sell coins instead of assets/shares like the OPENPOS shares on bitshares?
BlockPay tokens work like OPENPOS tokens. Just that OPENPOS is limited to all revenues from BlockPay for Odoo, BLOCKPAY token itself is open to all revenue streams of our company. Before we create a token for each product we build we decided it is better to set up a company-wide tokens and to let everybody participate.
Why couldn't shares be open to all revenue streams of the company? I don't understand this part.
And how are you going to pay out to tokenholders their share of the revenue stream? Wouldn't this be easier when you sell shares. I assume the bitshares platform will have some 'dividend' function for shares!
And in what currency will the payout to tokenholders be (is it in blockpaytokens/bitcoin)? If in blockpaytokens. Who controls the upper limit of the supply of the blockpaytokens?
- Because OPENPOS tokens have been specially created for the BlockPay for Odoo 10 month ago.
- The BitShares Platform will immigrate the "dividend transaction" feature developed by the PeerPlays Platform: https://steemit.com/peerplays/@peerplays/how-does-the-profit-sharing-function-work . Sharedropping is done by a smart contract and costs less than a few cents to thousands of accounts. Truly amazing.
- The total amount of BlockPay tokens is capped with 100,000,000 Tokens.
- We will start with paying out BitUSD.
Is there an easy way to tell how much is left for Phase 2? I see 148.51541737 BTC in the OpenLedger account, so would that mean about 403 BTC - 148.5 BTC = 254.5 BTC? The 403 I took from multiplying 288 sats * number of coins available in phase 2.
Hi animalraom, I published a short overview on our website with the current balances and wallets to watch. Please check https://blockpay.ch/newsroom/investor-relations/blockpay-reserves/
when can i trade on exchange?
Hi davidjcambra,
the BlockPay tokens will be distributed at the end of phase 3. You will be able to trade on OpenLedger first, more exchanges will be added over time. We have to come to an agreement that the centralized exchanges pay the profits forward.
August 24, 2016, 02:48:50 AM
Statups update 24.08.2016: We successfully finished Phase 2 and are now in Phase 3. Amazing!!
Here is a short overview about the current crowdfunding amounts and our public addresses. All info at BlockPay Reserve
Going to answer all your questions now.
Here is a short overview about the current crowdfunding amounts and our public addresses. All info at BlockPay Reserve
Going to answer all your questions now.
That was very fast.
August 24, 2016, 02:41:47 AM
Statups update 24.08.2016: We successfully finished Phase 2 and are now in Phase 3. Amazing!!
Here is a short overview about the current crowdfunding amounts and our public addresses. All info at BlockPay Reserve
Going to answer all your questions now.
Here is a short overview about the current crowdfunding amounts and our public addresses. All info at BlockPay Reserve
Going to answer all your questions now.
August 24, 2016, 02:15:24 AM
when can i trade on exchange?
August 24, 2016, 01:10:05 AM
I was lucky to get in at 288. Hope guys deliver a decent product in the near future..
August 24, 2016, 12:08:34 AM
OP,
I have some underwriting experience, IPO & secondaries, and can tell you this is insane:
Limited Amount! Great discounts available in this pre-ICO, all based on Opening rate of 2017 ICO
Phase1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each Special Buyback
Phase2: 1,400,000 tokens @ 0.000288 BTC tokens/each 42.40% Discount
Phase3: 3,000,000 tokens @ 0.000360 BTC tokens/each 28% Discount
Phase4: 2nd ICO @ 0.000500 BTC tokens/each Initial Price
Here are the facts:
A. YOU don't know when the secondary will take place. Timing is contingent on future developments. Unless you are purporting to know the future, you don't know.
B. YOU DON't KNOW where any secondary offering will be priced. My best guess is that it is priced at some discount (10-30% ??) to the PREVAILING MARKET. If the prevailing market is .0004 btc per, and you absolutely must raise cash, likely the new tokens will be offered at a significant discount to 0.0004. IF the prevailing market is closer to 0.01 btc per, your offer price will be much different, but again likely at some discount to market. It is absolutely insane for you to try and state where the market will be over the entirety of 2017. Think about it like this: Are we to assume you will work to suppress prices if they exceed 0.0005 by a wide margin?!? Your current statement appears to imply this.
Please stop referencing a specific time and price for any secondary - and just acknowledge it is all contingent.
That said, I am ALL IN with the few coins I've not already committed elsewhere. Hope to sign up to your sig campaign when it gets underway.
:-)
I have some underwriting experience, IPO & secondaries, and can tell you this is insane:
Limited Amount! Great discounts available in this pre-ICO, all based on Opening rate of 2017 ICO
Phase1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each Special Buyback
Phase2: 1,400,000 tokens @ 0.000288 BTC tokens/each 42.40% Discount
Phase3: 3,000,000 tokens @ 0.000360 BTC tokens/each 28% Discount
Phase4: 2nd ICO @ 0.000500 BTC tokens/each Initial Price
Here are the facts:
A. YOU don't know when the secondary will take place. Timing is contingent on future developments. Unless you are purporting to know the future, you don't know.
B. YOU DON't KNOW where any secondary offering will be priced. My best guess is that it is priced at some discount (10-30% ??) to the PREVAILING MARKET. If the prevailing market is .0004 btc per, and you absolutely must raise cash, likely the new tokens will be offered at a significant discount to 0.0004. IF the prevailing market is closer to 0.01 btc per, your offer price will be much different, but again likely at some discount to market. It is absolutely insane for you to try and state where the market will be over the entirety of 2017. Think about it like this: Are we to assume you will work to suppress prices if they exceed 0.0005 by a wide margin?!? Your current statement appears to imply this.
Please stop referencing a specific time and price for any secondary - and just acknowledge it is all contingent.
That said, I am ALL IN with the few coins I've not already committed elsewhere. Hope to sign up to your sig campaign when it gets underway.
:-)
according to your estimate phase 2 cost 0.000288 BTC but when i go to the website for ico ,it shows 0.000360 BTC, so phase 2 already over?
Yeah phase 2 is already over all are sold
August 24, 2016, 12:02:11 AM
OP,
I have some underwriting experience, IPO & secondaries, and can tell you this is insane:
Limited Amount! Great discounts available in this pre-ICO, all based on Opening rate of 2017 ICO
Phase1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each Special Buyback
Phase2: 1,400,000 tokens @ 0.000288 BTC tokens/each 42.40% Discount
Phase3: 3,000,000 tokens @ 0.000360 BTC tokens/each 28% Discount
Phase4: 2nd ICO @ 0.000500 BTC tokens/each Initial Price
Here are the facts:
A. YOU don't know when the secondary will take place. Timing is contingent on future developments. Unless you are purporting to know the future, you don't know.
B. YOU DON't KNOW where any secondary offering will be priced. My best guess is that it is priced at some discount (10-30% ??) to the PREVAILING MARKET. If the prevailing market is .0004 btc per, and you absolutely must raise cash, likely the new tokens will be offered at a significant discount to 0.0004. IF the prevailing market is closer to 0.01 btc per, your offer price will be much different, but again likely at some discount to market. It is absolutely insane for you to try and state where the market will be over the entirety of 2017. Think about it like this: Are we to assume you will work to suppress prices if they exceed 0.0005 by a wide margin?!? Your current statement appears to imply this.
Please stop referencing a specific time and price for any secondary - and just acknowledge it is all contingent.
That said, I am ALL IN with the few coins I've not already committed elsewhere. Hope to sign up to your sig campaign when it gets underway.
:-)
I have some underwriting experience, IPO & secondaries, and can tell you this is insane:
Limited Amount! Great discounts available in this pre-ICO, all based on Opening rate of 2017 ICO
Phase1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each Special Buyback
Phase2: 1,400,000 tokens @ 0.000288 BTC tokens/each 42.40% Discount
Phase3: 3,000,000 tokens @ 0.000360 BTC tokens/each 28% Discount
Phase4: 2nd ICO @ 0.000500 BTC tokens/each Initial Price
Here are the facts:
A. YOU don't know when the secondary will take place. Timing is contingent on future developments. Unless you are purporting to know the future, you don't know.
B. YOU DON't KNOW where any secondary offering will be priced. My best guess is that it is priced at some discount (10-30% ??) to the PREVAILING MARKET. If the prevailing market is .0004 btc per, and you absolutely must raise cash, likely the new tokens will be offered at a significant discount to 0.0004. IF the prevailing market is closer to 0.01 btc per, your offer price will be much different, but again likely at some discount to market. It is absolutely insane for you to try and state where the market will be over the entirety of 2017. Think about it like this: Are we to assume you will work to suppress prices if they exceed 0.0005 by a wide margin?!? Your current statement appears to imply this.
Please stop referencing a specific time and price for any secondary - and just acknowledge it is all contingent.
That said, I am ALL IN with the few coins I've not already committed elsewhere. Hope to sign up to your sig campaign when it gets underway.
:-)
according to your estimate phase 2 cost 0.000288 BTC but when i go to the website for ico ,it shows 0.000360 BTC, so phase 2 already over?
August 23, 2016, 05:12:12 PM
Another great looking project.I hope it get success and here to stay for long.
I would like to do Hindi translation if not already done.Please pm me if I am allowed.thanks and best wishes
I would like to do Hindi translation if not already done.Please pm me if I am allowed.thanks and best wishes
August 23, 2016, 04:59:11 PM
OP,
I have some underwriting experience, IPO & secondaries, and can tell you this is insane:
Limited Amount! Great discounts available in this pre-ICO, all based on Opening rate of 2017 ICO
Phase1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each Special Buyback
Phase2: 1,400,000 tokens @ 0.000288 BTC tokens/each 42.40% Discount
Phase3: 3,000,000 tokens @ 0.000360 BTC tokens/each 28% Discount
Phase4: 2nd ICO @ 0.000500 BTC tokens/each Initial Price
Here are the facts:
A. YOU don't know when the secondary will take place. Timing is contingent on future developments. Unless you are purporting to know the future, you don't know.
B. YOU DON't KNOW where any secondary offering will be priced. My best guess is that it is priced at some discount (10-30% ??) to the PREVAILING MARKET. If the prevailing market is .0004 btc per, and you absolutely must raise cash, likely the new tokens will be offered at a significant discount to 0.0004. IF the prevailing market is closer to 0.01 btc per, your offer price will be much different, but again likely at some discount to market. It is absolutely insane for you to try and state where the market will be over the entirety of 2017. Think about it like this: Are we to assume you will work to suppress prices if they exceed 0.0005 by a wide margin?!? Your current statement appears to imply this.
Please stop referencing a specific time and price for any secondary - and just acknowledge it is all contingent.
That said, I am ALL IN with the few coins I've not already committed elsewhere. Hope to sign up to your sig campaign when it gets underway.
:-)
I have some underwriting experience, IPO & secondaries, and can tell you this is insane:
Limited Amount! Great discounts available in this pre-ICO, all based on Opening rate of 2017 ICO
Phase1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each Special Buyback
Phase2: 1,400,000 tokens @ 0.000288 BTC tokens/each 42.40% Discount
Phase3: 3,000,000 tokens @ 0.000360 BTC tokens/each 28% Discount
Phase4: 2nd ICO @ 0.000500 BTC tokens/each Initial Price
Here are the facts:
A. YOU don't know when the secondary will take place. Timing is contingent on future developments. Unless you are purporting to know the future, you don't know.
B. YOU DON't KNOW where any secondary offering will be priced. My best guess is that it is priced at some discount (10-30% ??) to the PREVAILING MARKET. If the prevailing market is .0004 btc per, and you absolutely must raise cash, likely the new tokens will be offered at a significant discount to 0.0004. IF the prevailing market is closer to 0.01 btc per, your offer price will be much different, but again likely at some discount to market. It is absolutely insane for you to try and state where the market will be over the entirety of 2017. Think about it like this: Are we to assume you will work to suppress prices if they exceed 0.0005 by a wide margin?!? Your current statement appears to imply this.
Please stop referencing a specific time and price for any secondary - and just acknowledge it is all contingent.
That said, I am ALL IN with the few coins I've not already committed elsewhere. Hope to sign up to your sig campaign when it gets underway.
:-)
August 23, 2016, 04:30:20 PM
Also, the transactions seem to be piling up since BTC blocks aren't confirming. I predict anyone investing after this point will be ported automatically to Phase 3, but I'm not sure. I wonder what happens if someone sends a transaction that would supposedly be split into phase 2 and 3.
August 23, 2016, 04:15:26 PM
Is there an easy way to tell how much is left for Phase 2? I see 148.51541737 BTC in the OpenLedger account, so would that mean about 403 BTC - 148.5 BTC = 254.5 BTC? The 403 I took from multiplying 288 sats * number of coins available in phase 2.
Yes it would be nice to see how much is left.
Well it used to show how many left but they took that part down. I did invest small BTC here. Does anyone receive email after sending btc?
Yes me too. Just wait a bit mate.
August 23, 2016, 04:06:35 PM
Is there an easy way to tell how much is left for Phase 2? I see 148.51541737 BTC in the OpenLedger account, so would that mean about 403 BTC - 148.5 BTC = 254.5 BTC? The 403 I took from multiplying 288 sats * number of coins available in phase 2.
Yes it would be nice to see how much is left.
Well it used to show how many left but they took that part down. I did invest small BTC here. Does anyone receive email after sending btc?
Yes. Received email.
August 23, 2016, 03:46:24 PM
Is there an easy way to tell how much is left for Phase 2? I see 148.51541737 BTC in the OpenLedger account, so would that mean about 403 BTC - 148.5 BTC = 254.5 BTC? The 403 I took from multiplying 288 sats * number of coins available in phase 2.
Yes it would be nice to see how much is left.
Well it used to show how many left but they took that part down. I did invest small BTC here. Does anyone receive email after sending btc?
August 23, 2016, 03:38:33 PM
Is there an easy way to tell how much is left for Phase 2? I see 148.51541737 BTC in the OpenLedger account, so would that mean about 403 BTC - 148.5 BTC = 254.5 BTC? The 403 I took from multiplying 288 sats * number of coins available in phase 2.
Yes it would be nice to see how much is left.
August 23, 2016, 02:12:03 PM
100% Premine+PRE ICO+ICO, no thanks.
August 23, 2016, 02:05:04 PM
Is there an easy way to tell how much is left for Phase 2? I see 148.51541737 BTC in the OpenLedger account, so would that mean about 403 BTC - 148.5 BTC = 254.5 BTC? The 403 I took from multiplying 288 sats * number of coins available in phase 2.
August 23, 2016, 01:49:55 PM
And why do you sell coins instead of assets/shares like the OPENPOS shares on bitshares?
BlockPay tokens work like OPENPOS tokens. Just that OPENPOS is limited to all revenues from BlockPay for Odoo, BLOCKPAY token itself is open to all revenue streams of our company. Before we create a token for each product we build we decided it is better to set up a company-wide tokens and to let everybody participate.
Why couldn't shares be open to all revenue streams of the company? I don't understand this part.
And how are you going to pay out to tokenholders their share of the revenue stream? Wouldn't this be easier when you sell shares. I assume the bitshares platform will have some 'dividend' function for shares!
And in what currency will the payout to tokenholders be (is it in blockpaytokens/bitcoin)? If in blockpaytokens. Who controls the upper limit of the supply of the blockpaytokens?
August 23, 2016, 12:45:05 PM
This project looking promising because this is backed by very professional, this would very successful ICO, good luck dev team.
August 23, 2016, 11:14:25 AM
Blockpay will be great İ trust the team.
İ trust the team. Jump to: