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Topic: [ANN] 🚀 TOKPIE 🚀 P2P Cryptocurrency-Fiat and Swap Exchange. Low fees - page 11. (Read 14744 times)

member
Activity: 336
Merit: 10
Hello Fellows, What a completely new type of service can be provided to “crypto people” and start-ups, which are ongoing initial coin offer. It seems that every NEED for service is full of supply: trackers, forums like that, news, experts, etc. But we, in TOKPIE, don’t agree.

What is about listing and trading in bounty 'stakes' that were earned by not yet converted into tokens. Yes, it's probably a little bit crazy/raw idea, but imagine the following:

PROBLEM
    A hunter is earning Stakes of X-name Company but wants to sell it urgently for fiat, cryptocurrency or exchange for 'stakes' of another company.
    Who will buy? another hunter who strongly believe in the project success or any other person.
    The problem is that there is no solution in the market allowing making such types of deals.
    
SOLUTION
   1) Tokpie creates “stake” crypto derivative and encapsulate it into the an Instrument of the following type:
    [SWAP - X_Stake_N%/quote currency - SWAP]

    Where,
    X is the name of a company that provides stakes
    N% is the allocation of tokens to the specific campaign (e.g. 30% on blogs, video, etc)
    Quote currency is ANY fiat currency, ANY cryptocurrency, or ANY other crypto derivative.

 We have just tested it in TOKPIE MVP and created Order Book for Instrument [SWAP – X_Stakes _30%/ ETH - SWAP]  (Figure 1). Users could buy, sell this Instrument, bargain on price, monitor through the watchlist, set price signals, make analysis on the price chart, etc.



2) TOKPIE provides a company X with a bounty management service (in the box). The result there is no need for the Company X provides TOKPIE with the data flow [our internal user ID + how many stakes he earned).  TOKPIE top-ups the balances of the related users with “stake” derivative in accordance with their earnings.
  
3) A user can buy and sell the stakes he has on its balance on TOKPIE exchange just as any other Instrument (Figure 2).




4) If the bounty campaign is over successfully a Company X provides TOKPIE with the tokens. TOKPIE executes the related “stake” crypto derivatives (removes them from the listing) and top-ups users with the tokens in the proper proportion in accordance with their balances on the date/time of execution.


WHAT IS THE PROFIT for TOKPIE?


    A) charge company X with a one-payment fee nominated in TKP that would be lower than the average market price for bounty management service   OR
    B) charge users (hunters) with a low subscription fee nominated in TKP for the access to such Order Books (picture above)

WHAT IS THE BENEFIT for a TOKPIE token's (TKP) holder?
The overall demand on TKP tokens could be increased.


This is just one example of how entirely new market niche can be created and served by the TOKPIE exchange.  


Very interesting system. With its help, the market will become more liquid and long before the end of ICO it will be possible to trade tokens of the project or even shares in the bounty campaign.
jr. member
Activity: 112
Merit: 6
so many exchanges are now. Tell me, do you have any cardinal difference from the others? and where is your team? Can you get more information?
Judging by the fact that registration on most exchanges due to a large influx of users is closed, the total number of exchanges still can not meet the existing demand.
I agree with you. The other day Bittrex opened the registration of new users, but almost immediately closed again because there were too many people who wanted to register an account.

The last time I logged in on Bittrex I saw they force you to verify the account. Does that take long or is it a quick and smooth process?

The logging in, posting of trading orders, withdrawals and other processes will require 2FA verification. A person could be able to disable 2FA for some operations, but we would strongly recommend not to disable them.


I am not talking about the 2fa verification, that should be a no-brainer to anyone. I was referring to the overall identity verification that is now required to do anything there. I stopped using them once that kicked in.

Identity verification will be required at first time (during account creation).

Why is the exchange actually called a p2p exchange? Is it supposed to be fully decentralized and if yes, why would there be ID verification for a decentralized exchange?

Thanks for your questions!
P2P because people can trade with other peers (by the way a peer may be a business entity, so we support P2P, B2B, B2P types of transactions)
It's decentralized only in terms of fiat funds. Users send fiat money directly to each other. So we do not have any exchange bank account that can be blocked or arrested by authorities.  

ID verification is needed in order to let us be legally compliable in all countries and serve as many people as possible. Here is the detailed explanation of why we need ID verification: https://medium.com/@TokPie/how-kyc-aml-procedures-protect-investors-ddc915c5959f



There is a logical issue with your explanation. Fiat can't be transferred without third parties being involved. If I send USD to someone else, there must be someone who takes notice of that. In Bitcoin the miners do the job. Who does the job on your exchange?

A person (seller of crypto asset) who accept your money notices that - after his/her confirmation of money acceptance, the buyer gets crypto-asset.

The risks related to scam/unfair trade (when a seller says "I did not get money" but buyer prove it during the dispute) will be minimal because of KYC.

but there are banks involved if there is fiat involved. Money needs to be sent from one bank to another. There is no way to fully decentralize that, at least not right now.

Yes, but p2p fiat transfers are much safer than the use of centralized exchanges as intermediaries. There are a lot of examples especially in the last 6 month when central banks, ordinary banks, and regulatory authorities, push high pressure on fiat deposits/accounts of crypt exchanges.
legendary
Activity: 2058
Merit: 1166
so many exchanges are now. Tell me, do you have any cardinal difference from the others? and where is your team? Can you get more information?
Judging by the fact that registration on most exchanges due to a large influx of users is closed, the total number of exchanges still can not meet the existing demand.
I agree with you. The other day Bittrex opened the registration of new users, but almost immediately closed again because there were too many people who wanted to register an account.

The last time I logged in on Bittrex I saw they force you to verify the account. Does that take long or is it a quick and smooth process?

The logging in, posting of trading orders, withdrawals and other processes will require 2FA verification. A person could be able to disable 2FA for some operations, but we would strongly recommend not to disable them.


I am not talking about the 2fa verification, that should be a no-brainer to anyone. I was referring to the overall identity verification that is now required to do anything there. I stopped using them once that kicked in.

Identity verification will be required at first time (during account creation).

Why is the exchange actually called a p2p exchange? Is it supposed to be fully decentralized and if yes, why would there be ID verification for a decentralized exchange?

Thanks for your questions!
P2P because people can trade with other peers (by the way a peer may be a business entity, so we support P2P, B2B, B2P types of transactions)
It's decentralized only in terms of fiat funds. Users send fiat money directly to each other. So we do not have any exchange bank account that can be blocked or arrested by authorities.  

ID verification is needed in order to let us be legally compliable in all countries and serve as many people as possible. Here is the detailed explanation of why we need ID verification: https://medium.com/@TokPie/how-kyc-aml-procedures-protect-investors-ddc915c5959f



There is a logical issue with your explanation. Fiat can't be transferred without third parties being involved. If I send USD to someone else, there must be someone who takes notice of that. In Bitcoin the miners do the job. Who does the job on your exchange?

A person (seller of crypto asset) who accept your money notices that - after his/her confirmation of money acceptance, the buyer gets crypto-asset.

The risks related to scam/unfair trade (when a seller says "I did not get money" but buyer prove it during the dispute) will be minimal because of KYC.

but there are banks involved if there is fiat involved. Money needs to be sent from one bank to another. There is no way to fully decentralize that, at least not right now.
member
Activity: 476
Merit: 10
a comfort that I can take from this exchange. certainly with the advantages of the system, and so forth then it certainly should be developed further so that it can be great and soon realized.

I think that before the release of the platform there is not much work to be done, because the project's MVP already exists and it is very functional.
I agree with you. The MVP is already very functional, the project team has done a great job and continues to do it. I think these efforts will be highly appreciated by investors.
Most likely this will be done at the next stage of ICO, still now there is a strong impact of the correction, the market is recovering but investors are cautious.
member
Activity: 588
Merit: 10
Hello Tokpie team  Smiley


I am an editor from cryptoslate.com, a popular destination for cryptocurrency investors and researchers — featuring cryptocurrency news, coin rankings, initial coin offerings and blockchain events.

We just added Tokpie to our ICO database and is now available on our website.

Check it out here —> https://cryptoslate.com/coins/tokpie/



If you need any help in editing or adding more information about your ICO, feel free to contact me or send us a message via https://cryptoslate.com/contact/.
Completely functional and interesting site, added to bookmarks. But I did not see ratings on it, although the description says that they are.
member
Activity: 378
Merit: 10
Blockchain Just Entered The Real World
The presence of a working MVP and this airdrop is likely to significantly increase interest to the project, I would not be surprised if I learn about the negotiations with large investors.
I think large investors should hurry because the number of tokens allocated to the bonus program is strictly limited.
I think that most likely this applies to medium-sized investors since large ones operate with large amounts. But on the other hand, they can get a bonus for some of their funds.
member
Activity: 266
Merit: 15
Hello Tokpie team  Smiley


I am an editor from cryptoslate.com, a popular destination for cryptocurrency investors and researchers — featuring cryptocurrency news, coin rankings, initial coin offerings and blockchain events.

We just added Tokpie to our ICO database and is now available on our website.

Check it out here —> https://cryptoslate.com/coins/tokpie/



If you need any help in editing or adding more information about your ICO, feel free to contact me or send us a message via https://cryptoslate.com/contact/.


Thanks)
member
Activity: 910
Merit: 10
TOKPIE adds NEO to the list of base cryptocurrencies available for exchange. Now the total number of Instruments
have reached 864 200 !!!
Excellent. NEO is one of the most promising coins, I'm very glad that you added it. I think that soon the volume of trading on this coin will grow significantly on all exchanges.
newbie
Activity: 112
Merit: 0
Hello Tokpie team  Smiley


I am an editor from cryptoslate.com, a popular destination for cryptocurrency investors and researchers — featuring cryptocurrency news, coin rankings, initial coin offerings and blockchain events.

We just added Tokpie to our ICO database and is now available on our website.

Check it out here —> https://cryptoslate.com/coins/tokpie/

https://i.imgur.com/tJwa5aq.jpg

If you need any help in editing or adding more information about your ICO, feel free to contact me or send us a message via https://cryptoslate.com/contact/.
member
Activity: 266
Merit: 15
Hello Fellows, What a completely new type of service can be provided to “crypto people” and start-ups, which are ongoing initial coin offer. It seems that every NEED for service is full of supply: trackers, forums like that, news, experts, etc. But we, in TOKPIE, don’t agree.

What is about listing and trading in bounty 'stakes' that were earned by not yet converted into tokens. Yes, it's probably a little bit crazy/raw idea, but imagine the following:

PROBLEM
    A hunter is earning Stakes of X-name Company but wants to sell it urgently for fiat, cryptocurrency or exchange for 'stakes' of another company.
    Who will buy? another hunter who strongly believe in the project success or any other person.
    The problem is that there is no solution in the market allowing making such types of deals.
    
SOLUTION
   1) Tokpie creates “stake” crypto derivative and encapsulate it into the an Instrument of the following type:
    [SWAP - X_Stake_N%/quote currency - SWAP]

    Where,
    X is the name of a company that provides stakes
    N% is the allocation of tokens to the specific campaign (e.g. 30% on blogs, video, etc)
    Quote currency is ANY fiat currency, ANY cryptocurrency, or ANY other crypto derivative.

 We have just tested it in TOKPIE MVP and created Order Book for Instrument [SWAP – X_Stakes _30%/ ETH - SWAP]  (Figure 1). Users could buy, sell this Instrument, bargain on price, monitor through the watchlist, set price signals, make analysis on the price chart, etc.



2) TOKPIE provides a company X with a bounty management service (in the box). The result there is no need for the Company X provides TOKPIE with the data flow [our internal user ID + how many stakes he earned).  TOKPIE top-ups the balances of the related users with “stake” derivative in accordance with their earnings.
  
3) A user can buy and sell the stakes he has on its balance on TOKPIE exchange just as any other Instrument (Figure 2).




4) If the bounty campaign is over successfully a Company X provides TOKPIE with the tokens. TOKPIE executes the related “stake” crypto derivatives (removes them from the listing) and top-ups users with the tokens in the proper proportion in accordance with their balances on the date/time of execution.


WHAT IS THE PROFIT for TOKPIE?


    A) charge company X with a one-payment fee nominated in TKP that would be lower than the average market price for bounty management service   OR
    B) charge users (hunters) with a low subscription fee nominated in TKP for the access to such Order Books (picture above)

WHAT IS THE BENEFIT for a TOKPIE token's (TKP) holder?
The overall demand on TKP tokens could be increased.


This is just one example of how entirely new market niche can be created and served by the TOKPIE exchange.  

member
Activity: 266
Merit: 15
TOKPIE adds NEO to the list of base cryptocurrencies available for exchange. Now the total number of Instruments
have reached 864 200 !!!



member
Activity: 350
Merit: 11
a comfort that I can take from this exchange. certainly with the advantages of the system, and so forth then it certainly should be developed further so that it can be great and soon realized.

I think that before the release of the platform there is not much work to be done, because the project's MVP already exists and it is very functional.
I agree with you. The MVP is already very functional, the project team has done a great job and continues to do it. I think these efforts will be highly appreciated by investors.
member
Activity: 336
Merit: 10
Revolutionising Marketing and Loyalty
How many people have already taken part in the airdrop? Still i have the opportunity to get into the first thousand and get the maximum bonus?
I do not know where I can check this information, I think it's best to ask the community manager of the project. If it is public information, then he will report it.

You can see the number here: https://docs.google.com/spreadsheets/d/1bUgyAtWEtF5sHmRNWywjxFuCTC9AZpzgv5pEIWITNBg/edit#gid=218523815
Thank you, as I see quite a large number of people have already managed to get the bonus. It seems to me that the idea of holding a airdrop in this form was very successful.
member
Activity: 336
Merit: 10
a comfort that I can take from this exchange. certainly with the advantages of the system, and so forth then it certainly should be developed further so that it can be great and soon realized.

I think that before the release of the platform there is not much work to be done, because the project's MVP already exists and it is very functional.
Perhaps, but the final release requires a lot of final checks, and a wide application of the platform a large investments in advertising. I do not think that this can be done quickly.
member
Activity: 364
Merit: 10
GREAT NEWS!


🔥 BONUS AIRDROP ANNOUNCEMENT🔥
All TOKPIE contributors, current, and future, are eligible for the special TOKPIE Contribution AirDrop!

If you have TKP in your wallet you will receive a bonus.
👉 First 1000 will receive 2x the bonus!

Read more: https://medium.com/@TokPie/tokpie-contribution-bonus-airdrop-cafe67629c2d
Can i see somewhere how passes the airdrop and how many more tokens are available for new members?

Sure: here you will find how many TKP had been sold and how many members had contributed https://etherscan.io/token/0xf3bcace04ecc0e23dc0133d239c61c6bd47ef408#balances

And here is the list of the eth addresses eligible for airdrop bonus: https://docs.google.com/spreadsheets/d/1bUgyAtWEtF5sHmRNWywjxFuCTC9AZpzgv5pEIWITNBg/edit#gid=218523815

Great job. Everything is simple and transparent. A very convenient form that allows participants to check their status without spending time on questions.
member
Activity: 910
Merit: 10
The presence of a working MVP and this airdrop is likely to significantly increase interest to the project, I would not be surprised if I learn about the negotiations with large investors.
I think large investors should hurry because the number of tokens allocated to the bonus program is strictly limited.
member
Activity: 378
Merit: 10
Blockchain Just Entered The Real World
A real great financial project and good presentation of the project The Platform is a unique one, designed specially to make  trading easy and convenient for everyone ,  that it sets up for every participant in the virtual economy.
The concept of the project induce great interest, I hope it will be successfully implemented and a truly universal platform for all necessary financial operations will appear.
member
Activity: 476
Merit: 10
a comfort that I can take from this exchange. certainly with the advantages of the system, and so forth then it certainly should be developed further so that it can be great and soon realized.

I think that before the release of the platform there is not much work to be done, because the project's MVP already exists and it is very functional.
member
Activity: 266
Merit: 15
Quote
Contribution Bonus Structure:
 
 400–999 TKP = 50 TKP BONUS

1,000 –4,999 TKP = 150 TKP BONUS

5,000–9,999 TKP = 875 TKP BONUS

10,000–24,000 TKP = 2,000 TKP BONUS

25,000–49,999 TKP = 5,700 TKP BONUS

50,000–99,999 TKP = 12,500 TKP BONUS
 
 +100,000 TKP = 30,000 TKP BONUS

FIRST 1,000 who purchase more than 400 TKP, RECEIVE 2X / DOUBLE AIRDROP BONUS
 
 The number of tokens available to purchase before May 14 is strictly limited to 1 920 000 TKP.
A great airdrop! I have to fill in all the forms, I'll do the calculations later, in any case, participation is very advantageous, I want to be among the first.
How many people have already taken part in the airdrop? Still i have the opportunity to get into the first thousand and get the maximum bonus?
I do not know where I can check this information, I think it's best to ask the community manager of the project. If it is public information, then he will report it.

You can see the number here: https://docs.google.com/spreadsheets/d/1bUgyAtWEtF5sHmRNWywjxFuCTC9AZpzgv5pEIWITNBg/edit#gid=218523815
member
Activity: 588
Merit: 10
Quote
Contribution Bonus Structure:
 
 400–999 TKP = 50 TKP BONUS

1,000 –4,999 TKP = 150 TKP BONUS

5,000–9,999 TKP = 875 TKP BONUS

10,000–24,000 TKP = 2,000 TKP BONUS

25,000–49,999 TKP = 5,700 TKP BONUS

50,000–99,999 TKP = 12,500 TKP BONUS
 
 +100,000 TKP = 30,000 TKP BONUS

FIRST 1,000 who purchase more than 400 TKP, RECEIVE 2X / DOUBLE AIRDROP BONUS
 
 The number of tokens available to purchase before May 14 is strictly limited to 1 920 000 TKP.
A great airdrop! I have to fill in all the forms, I'll do the calculations later, in any case, participation is very advantageous, I want to be among the first.
How many people have already taken part in the airdrop? Still i have the opportunity to get into the first thousand and get the maximum bonus?
I do not know where I can check this information, I think it's best to ask the community manager of the project. If it is public information, then he will report it.
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