Topic: [ANN][ICO] Paygine — open financial platform for business - page 3. (Read 24040 times)

Dear subscribers!



We would like to finally break the important news about the expected PGC token exchange listing.
We have received the reply from our legal team – as you know, Paygine ICO has been approved by the SEC under Regulation D, which means we have certain requirements to comply with. This is relevant in particular to the rule 144 (available here https://www.sec.gov/reportspubs/investor-publications/investorpubsrule144htm.html)

Here is a quote from the document:
...Before you may sell any restricted securities in the marketplace, you must hold them for a certain period of time. If the company that issued the securities is a “reporting company” in that it is subject to the reporting requirements of the Securities Exchange Act of 1934, then you must hold the securities for at least six months. If the issuer of the securities is not subject to the reporting requirements, then you must hold the securities for at least one year. The relevant holding period begins when the securities were bought and fully paid for. The holding period only applies to restricted securities. Because securities acquired in the public market are not restricted, there is no holding period for an affiliate who purchases securities of the issuer in the marketplace. But the resale of an affiliate's shares as control securities is subject to the other conditions of the rule...

Thus at this point in time we have no other choice but to wait exactly one year from the moment our token sale was concluded which is 17 August 2018 before we can list our token on an exchange. However, we would like you to know that we are exploring ways of making listing as quick as possible. We will keep you updated on the latest news!

Just wondering why you guys didnt Burn the unsold tokens and instead you keep them :/ I know they will be locked for 2 years , but after they will come out in cirkulation .
And what about exchanges , why it takes so long to list it ? HitBtc for a start would be kinda cool , it takes like few btc to list there i guess

Paygine at The Global Payment Summit Team



The Global Payment Summit (GPS) is an international event designed to provide payment & transaction professionals and consultants from around the world with a unique, networking and educational experience.

Global Payment Summit-Asia 2018 takes a new direction on-boarding creative initiatives starting with a special collaboration forged with PayNet Group, Malaysia's premier payment system. Delegates will deep-dive into the key developments in the payments and transaction space. GPS will focus on debate and discuss essentials on instant / faster payments, security issues, regulatory reform, easy x-border payments, efficient remittances solutions and many more aspects within our 'space'.

The organizers of the summit are sure that today the technology is impacting fiercely our world of payments. Better infrastructures, 'open-banking' with API's, new customer engagement with blockchain and even the next-gen quantum technology will align developments even more. Today, we value the scale and efficiency, but also the easy-of-use and the truly global access to services.

CEO Paygine project Kirill Radchenko will participate in the conference several meetings and negotiations, expanding the future market of our application to Malaysia and Indonesia!

thanks for the information. after I saw at the address it turned out to have received reward.

For the benefit of the investors, it would be better if the unsold tokens will be burned.
Actually what happen to the bounty hunters is that they only receive less tokens since the expected amount to be raise were not achieve.


AFAIK, bounty tokens were already distributed and KYC required on that matter.

do bounty hunters need kyc to get their rewards?

For sure, there is no guarantee. Increasing the total supply without any money enter to market, will lead to decrease the tokens value.

Will there be a guarantee if the price of unsold tokens will not reduce and make the price of other tokens drop?
because there are projects that have burned unsold tokens but the price is still not rising and that will cause investors to worry.

Tokenjar is decentralized exchange - so, we don’t add token there , somebody from our tokenholders do that

Dear project participants! We want to answer your most frequently asked questions once more!


 
🔺 When will the tokens be distributed? 
The tokens have already been sent to holders’ wallets.
 
🔺 What do I do if I haven’t received mine?
If you are an Airdrop or Bounty participant – ask your question in the chat at https://t.me/PaygineBounty, if you are an investor – please, message our admins directly and provide your username on our website.

🔺 When will the token hit exchanges? 
Our legal team has already begun negotiations with a number of exchanges, however, we can’t speak about the exact date of listing the token. As soon as we have news on this matter we will inform our followers in the official chat!

🔺What will happen to the unsold tokens? 
We don’t burn the unsold tokens so they will stay in circulation. HOWEVER, we want to support our project the best we can and don’t want to allow token price to slump – all the unsold tokens will be sent to the reserve fund where they stay locked for two years. After the unlock they will be used as a technical currency.
 
🔺Where to get information about the project? 
On our website at https://www.paygine.com/

The sales steps to limit in exchange will be able to maintain large-scale sales, in this way many will think long and keep PGN coins.
A positive thing is to prevent prices from falling and not directed.

we are negotiating with some exchanges. I want remind, that this does not mean that enybody can sell tokens here - I will block for such offers.

Hi, paygine team any good news about the exchange of paygine tokens going to list in any crypto trading exchanges like bitterx or any other big exchanges and thanks for distribution the bounty tokens as on time.

Please answer to this complaint. In every ICO I have participated before, unsold tokens were burnt. It's necessary.

Paygine team performance is quite good and appropriate to get thumbs up, tokens have arrived at the bounty and certainly waiting for listings in the market, I am confident with the developer performance, and Paygine will continue to grow and have decent value.

Hello! At the moment, the distribution of tokens is finished. You can write here [email protected] with a detailed description of your problem.

They raised 1.6 million dollar. Given the market, it's not bad. But there is big problem. They will keep unsold tokens. It's unfair for the investors.

Hello comrades. Is the distribution of the bounty of awards complete? I just did not get my tokens. Where can I apply to solve this issue? Thank you.

Hello! No, This project was not able to raise the maximum amount, it collected only about $ 1,600,000. But the minimum amount of the project was collected

Thank you for the very fast distribution, your action simply implies that you value us bounty hunters.
I believe you have gain a good reputation already in this early stage and this would help you achieve your future goals, of course we will be with
you along the way as we own a tokens which we believe will grow in the future.