Hi, just want to ask a few questions.
Why would you want to use cryptocurrency to finance the operations of the cafe you want to build? Isn't it easier to take financing from a bank?
Is there any guarantee that investors are safe to invest in this token? Has the smart contract of this token been audited?
Where will you start the operation of this Cafe?
Is your website under development? because I see that your website is not attractive enough. Some parts seem unfinished.
Thank you.
Topic: [ANN] TheCoffeeBeans - the next breakthrough in the RETAIL INDUSTRY crypto payme (Read 170 times)
February 04, 2022, 02:27:22 AM
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February 03, 2022, 07:19:36 PM
Looks like the picture used for the team member identity is just grabbed in the Google due to its pixelated quality. The LinkedIn account seems created just for this ICO while the Facebook account are from random entrepreneur guys that didn't have any connection with the project.
A fancy ANN thread, questionable team member, no smart contract audit, ICO and no proof of actual work progress. Keep safe guys.
A fancy ANN thread, questionable team member, no smart contract audit, ICO and no proof of actual work progress. Keep safe guys.
February 03, 2022, 12:00:50 PM
I see you got the Copper Membership, that's good.
You do not need to create a second ANN thread if you are concern about the pictures. The pictures now are automatically displayed after you activated the paid membership.
If you would like to keep the new self-moderated ANN thread as your main one, you can now lock this one with a link on top to the new one.
You do not need to create a second ANN thread if you are concern about the pictures. The pictures now are automatically displayed after you activated the paid membership.
If you would like to keep the new self-moderated ANN thread as your main one, you can now lock this one with a link on top to the new one.
I find it suspicious to create a new self moderated thread instead of answering legitimate questions in this thread. However it is in his right to do so, I would have rather just deal with all the questions in the first thread and prove to the community that he means business. There may for example be a very good reason to build a new POS system that he can share with us, if it was my question that upset him.
February 03, 2022, 04:56:43 AM
I see you got the Copper Membership, that's good.
You do not need to create a second ANN thread if you are concern about the pictures. The pictures now are automatically displayed after you activated the paid membership.
If you would like to keep the new self-moderated ANN thread as your main one, you can now lock this one with a link on top to the new one.
You do not need to create a second ANN thread if you are concern about the pictures. The pictures now are automatically displayed after you activated the paid membership.
If you would like to keep the new self-moderated ANN thread as your main one, you can now lock this one with a link on top to the new one.
February 02, 2022, 04:30:46 PM
I am also a coffee lover, but there is something I want to raise regarding the POS system:
POS system
I am struggling to understand why you need to launch a token to operate a coffee shop. In your whitepaper under "How is BEANZ POS Sw/Hw different than other POS system?" you mention "Traditional POS Sw do not support transactions via cryptocurrencies". While that may be true, Binance has launched a card that can be funded witrh crypto and used at normal POS devices. Your description of POS seems to indicate that you want to develop an integrated device that consist of both the POS device accepting a card eg PED device, as well as the software to manage the transactions/orders. This is a huge undertaking. I would think that you could use a normal typical POS system like Micros or equivalent and couple that with a normal POS device where people can pay with an existing card that can take crypto like the Binance card.
The only other reason that I can think of for a token issue is like you mention to raise capital to start a coffee chain. This is a valid reason for issuing a token, however there should be no reason to develop POS though and that would save you a lot of time and money.
POS system
I am struggling to understand why you need to launch a token to operate a coffee shop. In your whitepaper under "How is BEANZ POS Sw/Hw different than other POS system?" you mention "Traditional POS Sw do not support transactions via cryptocurrencies". While that may be true, Binance has launched a card that can be funded witrh crypto and used at normal POS devices. Your description of POS seems to indicate that you want to develop an integrated device that consist of both the POS device accepting a card eg PED device, as well as the software to manage the transactions/orders. This is a huge undertaking. I would think that you could use a normal typical POS system like Micros or equivalent and couple that with a normal POS device where people can pay with an existing card that can take crypto like the Binance card.
The only other reason that I can think of for a token issue is like you mention to raise capital to start a coffee chain. This is a valid reason for issuing a token, however there should be no reason to develop POS though and that would save you a lot of time and money.
February 02, 2022, 04:13:37 PM
Quoted so that the images would show up.
I like the idea of it especially since I'm a coffee lover myself.
Buyback happens only when 75% of the roadmap is achieved right? So, that would be on the 3rd quarter this year, correct? I'm just confirming since it was not clearly mentioned on the roadmap. Also, why is marketing allocation so small? only 2%, what marketing plans does the team has in store for this project? Retroactive airdrops? Bounty Campaigns?
I like the idea of it especially since I'm a coffee lover myself.
Buyback happens only when 75% of the roadmap is achieved right? So, that would be on the 3rd quarter this year, correct? I'm just confirming since it was not clearly mentioned on the roadmap. Also, why is marketing allocation so small? only 2%, what marketing plans does the team has in store for this project? Retroactive airdrops? Bounty Campaigns?
They have a further 4% allocation from each transaction fee for marketing purposes, but I agree that (even with the further allocation), 2% of total supply is rather low. With 100B total supply, I think price for each token couldn't be too high, so a 2B token (2% of 100B) might only worth several thousand of dollars.
Even if they spend the entire budget for one wave of marketing in form of bounty (which I personally think is not a good idea), the allocation would still be rather low to attract hunters. If any, they'll only attract spammers who doesn't really mind low earning because they'll put zero effort on their tasks and will sell right away (or in other word, dumping), creating an exact opposite of marketing effect.
If they insist on marketing with such budget, I think it'll be best to use the allocation for something like opening a stand during crypto events or attending some convention.
February 02, 2022, 03:16:11 PM
in what specific area / country are you starting the BEANZ POS and Coffee Clubs? the idea is good but the implementation is the usual bottleneck here. if you are taking this project seriously, you can easily tell where will you start this project.
as the goal of being a crypto payment method, you need to collab with many merchants as much as possible to make this platform going. so have you talked to possible clients for this project?
as the goal of being a crypto payment method, you need to collab with many merchants as much as possible to make this platform going. so have you talked to possible clients for this project?
February 01, 2022, 08:46:00 PM
{EDIT} Quote of images removed.
Quoted so that the images would show up.
I like the idea of it especially since I'm a coffee lover myself.
Buyback happens only when 75% of the roadmap is achieved right? So, that would be on the 3rd quarter this year, correct? I'm just confirming since it was not clearly mentioned on the roadmap. Also, why is marketing allocation so small? only 2%, what marketing plans does the team has in store for this project? Retroactive airdrops? Bounty Campaigns?
Quoted so that the images would show up.
I like the idea of it especially since I'm a coffee lover myself.
Buyback happens only when 75% of the roadmap is achieved right? So, that would be on the 3rd quarter this year, correct? I'm just confirming since it was not clearly mentioned on the roadmap. Also, why is marketing allocation so small? only 2%, what marketing plans does the team has in store for this project? Retroactive airdrops? Bounty Campaigns?
January 31, 2022, 10:00:15 AM
You need a Copper membership to display images or Jr. Member account.
For Jr. member account you need at least 1 merit and 30 activity (approx. 30 days of posting)
I suggest you read the guides and the rules before posting onto the forum.
https://bitcointalksearch.org/topic/newbies-read-before-posting-1689727
https://bitcointalksearch.org/topic/unofficial-list-of-official-bitcointalkorg-rules-guidelines-faq-703657
Good luck.
For Jr. member account you need at least 1 merit and 30 activity (approx. 30 days of posting)
I suggest you read the guides and the rules before posting onto the forum.
https://bitcointalksearch.org/topic/newbies-read-before-posting-1689727
https://bitcointalksearch.org/topic/unofficial-list-of-official-bitcointalkorg-rules-guidelines-faq-703657
Good luck.
January 31, 2022, 07:45:42 AM
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