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Topic: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust - page 23. (Read 2374 times)

newbie
Activity: 56
Merit: 0
How about the min/max contribution sizes for the token sale, will there be any?

Hello!
yes, during crowdsale the minimum contribution will be 0.2 ETH and maximum contribution will be 250 ETH.

You can read more about it in our whitepaper from pages 41-45: https://mk0procureannetyd833.kinstacdn.com/app/uploads/2018/05/Procurean_WP-1.6_2018-05-23-1.pdf
newbie
Activity: 114
Merit: 0
How about the min/max contribution sizes for the token sale, will there be any?
newbie
Activity: 175
Merit: 0
Do you paln any other projects in the ecosystem?

Yes, of course. The information gathered and exchanged (transfer prices, item definitions, item availability etc ...) through the Procurean network will be very valuable for a variety of uses also in finance, accounting, logistics, and other sectors. We have a couple of ideas where we want to go from here, and we've already been talking to some businesses who might use the Procurean network API to develop their own services on top.

That's impressive! Hope that you'll be able to build a powerful ecosystem step by step.
newbie
Activity: 146
Merit: 0
The ecosystem you're creating is very interesting. Do you plan to attract smaller companies first?
newbie
Activity: 131
Merit: 0
Yep, investing in Procurean can make you a lot reacher in a few years.
newbie
Activity: 56
Merit: 0
Please, can you make any videos with the team? Smiley

Hi! We are planning on filming some videos with the team. Join our Telegram group to stay updated: https://t.me/procurean
newbie
Activity: 141
Merit: 0
As far as I know, the international trade, shipping and logistics are enourmous industries, and there will be great demand for infrastructure services like Procurean!
newbie
Activity: 56
Merit: 0
Hello! When the pre sale starts? Will you make a discount or bonus?

Hi!
The pre-sale starts on 30.08.2018 and the bonus is 20%. Sign up for our newsletter to stay updated!
jr. member
Activity: 139
Merit: 1
When do you plan to start the ICO?

Hi! The start date of crowdsale will be on 16.09.2018. Sign up for our newsletter to stay updated!

You're starting the preparation early, that's excellent for the project))
newbie
Activity: 56
Merit: 0
Do you plan to visit more events like Podim?
Hi, of course!
Join our official Telegram to stay updated about news and upcoming events: https://t.me/procurean_news
newbie
Activity: 123
Merit: 0
Your trust rate formula looks very realistic, I guess it'll work well.
newbie
Activity: 142
Merit: 0
Will be there any safety tools so that the companies couldn't lower their competitors rating?

Hi, yes! The business can issue a dispute on the Procurean network if they feel they've been given a wrongful evaluation. The network uses a pre-determined algorithm of trusted partners who then vote with a qualified majority vote to confirm or reject a given evaluation.

Seems secure enough!
newbie
Activity: 178
Merit: 0
Do you plan to visit more events like Podim?
newbie
Activity: 56
Merit: 0
Will be there any safety tools so that the companies couldn't lower their competitors rating?

Hi!
In case of disagreement with a given rank after a transaction, the disagreeing party can issue a dispute. Businesses opening a dispute on the network have to provide enough PAN tokens to fuel the dispute by rewarding businesses invited to the resolution process. The amount of required tokens is summarized from a fixed amount and an amount relative to the estimated inquiry value. These tokens incentivize potential resolutioning businesses to join the resolution process.

You can read more about it in our whitepaper on page 22: https://mk0procureannetyd833.kinstacdn.com/app/uploads/2018/05/Procurean_WP-1.6_2018-05-23-1.pdf
newbie
Activity: 56
Merit: 0
I see why the SME companies will join the platform! But how about bigger entertprises?

There is a big incentive for buyers from large enterprises to start using Procurean, because automating and optimizing non-optimized procurement can result in lower procurement costs (up to 30% on non-optimized purchases) and lower transaction costs (up to 90% by automating human work).
If you would like to discuss this topic more in-depth, join us in our Telegram group: https://t.me/procurean
newbie
Activity: 56
Merit: 0
New project with the EXCELLENT concept

I'm sure they will have a great support from the crypto community

Thank you for your support! Sign up for our newsletter to stay updated and see how we will realize our project Smiley
newbie
Activity: 56
Merit: 0
How are you going to attract new companies in the network?

Hi!
Initially, the existing Gepom users will be the first invited to join the platform. Furthermore, registered alpha version users will be invited to join the platform as well. Procurean platform is free to use for buyers in general and sellers pay a very small fee relative to the inquiry worth for each bid they place. Benefits are much larger than costs when using our platform so it doesn't make much economic sense fot them not to join. Also larger enterprises (businesses that we sell to door-to-door or through our EPR partners), who decide to use the platform, bring with them a large pool of their existing vendors that get onboard. There is a big incentive for buyers to start using Procurean, because automating and optimizing non-optimized procurement can result in lower procurement costs (up to 30% on non-optimized purchases) and lower transaction costs (up to 90% by automating human work).
newbie
Activity: 56
Merit: 0
This could be very promising, good luck guys!!!

Hi,
thank you for your support Smiley
Sign up for our newsletter to stay updated!
newbie
Activity: 56
Merit: 0
The main PAN utility will be to place the bids on the auctions?

Hi! Placing the bids is just one among other utilities of PAN token. Apart from bidding, PAN token can be used also for disputing, guarantees and escrow.
You can learn more about it in our Medium post: https://medium.com/procurean/what-pan-token-can-be-used-for-c0a8e74a96a0.
newbie
Activity: 70
Merit: 0
It remains unclear to me how the PAN token functions as an escrow? because naturally the things like this are very liked by the buyers / sellers due on so many fraudster in this present.

I suggest you read our article on why PAN token is the vital component of the Procurean network, and how exactly PAN tokens will be used, including escrow. Smiley

Link to the article: https://medium.com/procurean/what-pan-token-can-be-used-for-c0a8e74a96a0
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