Topic: [ANN][FYP] Flyp.me Exchange - 🌟 50% PROFIT SHARING 🌟 FYP Token - SegWit - page 42. (Read 28632 times)

Can we have the tokens stored anywhere and still receive the 50% profit share?

Yep, in the world of crypto investor must be cautious tenth as much and even more. Being an experienced investor I never trust and never believe  anyone  and  prefer to stay away  from any IСO not backed up by escrow.

Hi, you can receive FYP Tokens in a wallet that doesn't have any ETH. However, to send FYP Tokens from the wallet a minimum ETH balance is needed to cover the transaction fees.

Since I don't have an Ethereum wallet, can I use MEW with 0 ETH balance to just send FYP tokens or do I need to have some ETH to pay for the transaction fees?

You can use the info at https://steemit.com/ico/@flypme/flyp-me-ico-add-custom-token-to-your-wallet

How can i see FYP Tokens in myetherwallet after that I become a member of this ICO?

Thanks for noticing that. Security and privacy are key to us and our users!

Hi! There are different block explorers that offer the option to see the smart contract source code.
Just go on etherscan and visit the smart contract address you find on the website and then click on "Contract Source".

You can also visit on our repository on github: https://github.com/flypme/flypme-contracts

Where I can find the source code of the smart contract?

Yes, you can get FYP Tokens also on HolyTransaction.

I thought you could already buy tokens there?

I see HitBtc on your site, also HolyTransaction?

Where are your tokens going to be trading on?

It's good that these questions are put out. I'd be extra cautious putting any money in a project like this where important matters like these go addressed. Sadly, ICOs are an easy way to draw funds lately.

Awesome! I'd love to talk about this in more detail. Please feel free to reach out to me directly as one of the ZenCash co-founders.

I will only say something: it's the first time I see a public key next to an email on an ICO announcement. These guys know technology and security.

It will start at the end of the ICO, 21st October 2017

Funds will be distributed across reserve funds and business funds, in relation to the amount raised.

Please note that the profits generated by those FYP Tokens allocated to flyp.me will be reinvested in the flyp.me service, its roadmap and to increase further its reserve funds.

Reserve funds:
Between 50% and 35% of the funds raised.

Business funds:
Between 50% and 65% of the funds raised.

•   Engineering and security (25%)
•   R&D (20%)
•   Legal services (10%)
•   Communications and marketing (25%)
•   Business development and strategic partnerships (20%)


Information about the use of funds and roadmap are explained in more details in the whitepaper https://flyp.me/whitepaper.pdf

HolyTransaction Wallet is the escrow.

Hi, thanks for getting in touch.

I'll answer your questions below.

1 - We are working on an update of the homepage to display more information. We already pushed some changes yesterday. During the Presale around 8.5 million FYP Tokens have been created.

The ETH sent through the smart contract is visible on blockchain explorers like etherscan. For the ETH and all other cryptocurrencies sent through the form, the team will need to finalise the data and inject it in the token smart contract. We will provide a link to the token smart contract where anyone could see as the data is uploaded and FYP Tokens are created.  

2 - Currently, 6 of us work full time on flyp.me and others are contracted part-time or on a project basis when and if needed. flyp.me is built and managed by the current team at HolyTransaction, the first multi-currency web wallet. The company as been providing its services since 2015. You can find information about the company and its work.

Below are a few articles:
- https://cointelegraph.com/news/holytransactions-ceo-explains-new-multicurrency-wallet-features
- https://news.bitcoin.com/francesco-simonetti-talks-holytransaction-wallet-supports-multicurrencies/
- https://cointelegraph.es/news/entrevista-a-francesco-simonetti-ceo-de-holytransaction/es
- https://news.bitcoin.com/10000-eu-atms-to-cash-out-bitcoin/

In regards to the team specifically working on flyp.me, considering the nature of our business, we don't deem it safe to publish the full list, because this can expose them to personal attacks and possibile corruption from external actors. Privacy and security are key for the team and the platform.

3 - The flyp.me ICO is launched by HolyTransaction LTD. Flyp.me works with different partners depending on the jurisdiction.

4 - The development team is well known. As explained in point 2 we believe for the privacy and security of Flyp.me and its team is better not to disclose that information publicly. The Flyp.me exchange is already working and supporting 78 trading pairs. Also, the Flyp.me API is already available for businesses and developers to accept payments in 13 cryptocurrencies. The code can accessed here https://flyp.me/api

This combined with the knowledge that HolyTransaction is behind this project, we believe should show the level of development.


5 - Please see point 1

The flyp.me roadmap is available in the whitepaper. It's important to point out that Flyp.me is already a fully working exchange with additionally a multicurrency payment API that is already available. The flyp.me ICO is to increase the reserve funds of each cryptocurrency supported, improve the platform, integrate decentralized asset platforms and R&D for 2nd layer solutions.

I'd like to know this as well.. but Flyp.me hasn't answered my previous two posts yet.... If OP and flyp.me staff ignore these questions then I would caution anyone from investing here without being very very very cautious.