It sounds like Onepay has some similarities with Shapeshift that works as 3rd party, isn't? What's the difference?
Thanks for your question! We are aiming to be a retail POS solution that runs exclusively on EOS. Our user app is for interacting with, and sending payments to, our POS app (which the retail store will be using) with the ability to use various cryptocurrencies, rather than exchanging various cryptocurrencies into other forms (which is what shapeshift does). Basically, we are heavily retail oriented and plan on eventually creating physical card and standalone POS terminals (initially both the seller and buyer will be using a 'payer' and a 'payee' variation of our app and transactions will occur via NFC).
So then, is there softcap as requirement to this project to be runned?
Good question! There is no softcap currently as we do not need any capital to hire programmers to complete the core project - the entire team that works on ONEPAY consists solely of programmers. While being underfunded (i.e. not making the softcap) might reduce the speed at which the product is developed (as well as detriment our marketing efforts, which are not necessarily essential), it will not deter us from the overall completion of the project due to lack of programmers, etc. Most ICO's raise capital to hire programmers/devs/tech talent, we are mainly raising it to hire sales/marketing/legal.
