Topic: [ANN - Pre-ICO] BlockPay - Zero Cost, digital currency Point-Of-Sale systems - page 25. (Read 44555 times)

i am confused a little.

So blockpay is a company right?

And you develop different products as i understand it.
The OP says: "By ordering BlockPay tokens you support the development and continued growth of BlockPay, Echo and Stealth."

So are 'echo' and 'stealth' different companies with whom you collaborate or are these products of blockpay itself?

And if echo or stealth produce revenues will these revenues be in- or excluded in the pay out to blockpay token holders? I ask this because the OP says:

"Holding BlockPay tokens allows you to share in the rewards from BlockPay transactions as well as value increases from products built by the Company."

It seems that tokenholders only get a share from the blockpay transactions and not from revenue from echo and stealth or other/future products. Only a share in the value increase of echo and stealth (=no share in the revenue generated).

Don't know what that means 'value increase' can you eleborate or give an example?
And what is the difference between rewards and revenue? rewards sounds like you only share in the tips customers leave to blockpay. So tokenholders do not get a share of the revenue that is generated out of the transactions. Could you explain?

Cheers!

Not yet, Signatures are coming.


Familiar as a dev or as a business? Send me a pm, I am always interested to connect. Thx.


Send me a pm. I will sent you the details.

I'm in. Looks great.

Can i start a portuguese translation?

Can u pm dev?  Cya

I'm familiar with Odoo.  I'll take a look at BlockPay when gets in the App Store.

Nice, I see that you are planning on setting up a signature campaign.

Do you already have signatures? If not, I can make them for you .

Im confused if this can be traded in other exchanges like Polo or bittrex and I don't know if this is even a coin or not.
Im also dissuade to join the ico because of the start up price, this is no longer how the ICO works in here

Hi Mallyx,

thank you for listing us. I send you a PM with a short update of the details.


Hi barnes13 yes this is our pre-ico and I am confident that we can raise the funds we need. I plan to move all unsold tokens to the reserve fund and freeze them there for the next ico. If this pre-ico was not successful, then we have to look for alternative ways to fund our vision. Throwing underpriced BlockPay on the market would harm every previous supporter and I want to avoid that at all costs.


- We are thinking about additional use cases for the BlockPay tokens. I really like the Dash Masternode idea, that you need an amount X vesting to get the feature Y. I could think about extra BlockPay fee discounts for consumers, cash back, additional stealth features if you have X amount of BlockPay etc. I am open for an inspiring discussion.
- Today the tokens claim the stake in the revenue streams of our product and services.
- I don´t have a clear percentage yet, however, I plan to share a fix amount before tax with BlockPay holders. For example, we pay up to 15% in sales commission to our BlockPay Ambassadors. Every BlockPay Ambassador earns a direct share in the transaction for each Store, Restaurant etc. he signs up. We have  +60 BockPay Ambassadors today in more than 25 countries.

Right, the point of sale business and mobile payment is all about transaction volume. We need a good amount per month to be profitable, however, if you consider the total amount we could get... It is a giant market out there. https://www.statista.com/outlook/296/102/digital-payments/europe Here are some figures.

On August 23rd 2016 CCEDK.com and it's Crowdfunding 3.0 of ICO OpenLedger (ICOO) will be introducing a new ICO as part of its monthly goal to do up to four different types of ICO's, each unique and special and all doing their contribution to bringing a whole lot of added value to the world.

CCEDK will be crowdfunding development and marketing for BlockPay’s Echo app, a really slick piece of technology that will enable customers to pay easily in any of a dozen or more crypto coins, and merchants to accept crypto payments at no extra cost! CCEDK has accepted as well to act as the escrow for this pre-ICO, issuing the asset as well as doing the distributon.



You can invest in two ways:

1. The ICO page on the BlockPay.ch website and
2. The ICO LIVE button on the CCEDK.com website.
You may as well also simply send payments directly to the dedicated BlockPay escrow account on OpenLedger named ico.blockpay, as the registration on the blockchain will be all the proof you need to receive tokens at the end of the crowdsale.

For more information about BlockPay and Echo, see https://blockpay.ch/. We think this ICO is a great opportunity to help bring this pioneering blockchain technology to market!

Kind regards,

Ronny and the CCEDK team

https://steemit.com/ccedk/@bloggersclub/ccedk-is-the-new-frontier-of-finance-goodbye-ipo-s-hello-ico-s

Can you reserve the turkish translation for me ? Thanks.

I do have a few questions:
- do these tokens have a function on your platform? or is it just to decide who has what stake in the revenue stream of your services?
- What percentage of the revenue are you planning to give to the token holders?

100.000.000 Blockpay tokens x 0,000288 btc = 28.800 btc
So if tokenholders would like to get a return of say 10% per year. Then you should at least realize an income stream of 2.880 btc. Which you have to pay out 100% to tokenholders, which is not a realistic assumption. So the income stream will have to be much higher.

- What are your expectations about the total income stream per year in a bad, average and good scenario?

i also read your post on steemit, just want to be clearly, this is pre-ico if the pre-ico not succesfull, still continue for ico?
but i hope your pre-ico and your ico success
good luck for your team 

Nice info!
I can't wait.

Hello,

your ICO has been added on https://www.ico-list.com/ !

Thanks for contacting me if some details are wrong.

Malayalam translation completed:

https://bitcointalk.org/index.php?topic=1588577.new#new

 

it is agood idea but need some legit companies to adopt the project payment system . watching for further development 

What thas it min ico?

Sorry, i don't trust you, i think your product is potential useless. People like blockchain platform, not a payment processor.

Echo will be WeChat on steroids Secure chat, video, voice and messages, totally encrypted and decentralized, plus a powerful Blockchain wallet with stealth transactions where you can hold your Bitcoin, Ethereum, Dash, and digital versions of the EUR, USD, CNY, Gold or Silver. All on your smartphone. It will be more powerful than Wave because the Echo backend will be open for third parties. You can start selling your services, products, movie tickets etc. right out of the Echo app, just like WeChat is doing it today.

I am planning to offer bounties for forum signature, FB, and Twitter and so on. We will publish more info about that soon.

This doesn't seem to look like how ECHO works when you previously announced it. Was hoping its like waves platform. Anyway, What sort of activity do you guys plan to for bounties after ICO. I can see youre giving bounties.