Are you offering a guaranteed rate of return to investors?
you beat me to this question. It's interesting to know. Although the project looks interesting, there are doubts 
Topic: [ANN][POS][MASTERNODE]⚡️PayDay-Unique global loan mechanism based on blockchain⚡ - page 50. (Read 33514 times)
April 25, 2018, 08:53:51 AM
April 25, 2018, 08:48:56 AM
Hey, guys. I heard about your airdrop. How does it work?
Haven't you see this https://bitcointalksearch.org/topic/airdropbountypayday-unique-global-loan-mechanism-based-on-blockchain-3337548 thread?
All rules are pretty simple. Maybe you also need a link to the white paper?
Oh, thanks. I found this thread but didn't understand rules. Will I get tokens just after I sign up? Or I will have to wait?
Thanks @Ofcifreak for giving our airdrop link. Hey @new_conquistador17 how are you? Yes, we've recently launched our first airdrop. According to the conditions of Airdrop #1 tokens are being distributed during 4 weeks after the Airdrop is closed. By the way, are you guys in?
Today you are working quickly. Thanks for answers. Yes, I have already joined your Airdrop April 25, 2018, 08:46:59 AM
Are you offering a guaranteed rate of return to investors?
April 25, 2018, 08:45:57 AM
I can`t understand the meaning of your project? you are another wallet. What will be better your wallet?
The bank that will provide loans. Then, where is your license? What kind will you give out loans? Everyone?
The bank that will provide loans. Then, where is your license? What kind will you give out loans? Everyone?
Hello Mr @Hitchcock and thanks for your big interest in our project. First of, the aim of PayDay Coin is to create a decentralised blockchain-based platform where the geographical boundaries between borrowers and lenders all over the world are erased. It's P2P funding, not a banking system, therefore the license is not needed. The loans will be given out to all verified by KYC borrowers. What do you mean by "What kind will you give out loans?" - not sure I get you.
April 25, 2018, 08:41:16 AM
Hi! Tell me about the limits. Does it have a limit size? I dont understand information in WP
Each KYC and Auditor MasterNode freezes its stake as a part of loan security. The size of
the stake and the reputation of the node determine the number of loans that can be pending
at the same time.
Explain me, please
Each KYC and Auditor MasterNode freezes its stake as a part of loan security. The size of
the stake and the reputation of the node determine the number of loans that can be pending
at the same time.
Explain me, please
April 25, 2018, 07:50:05 AM
The project looks interesting. If a few questions clarify me a little, I will gladly join. Do I understand you correctly that you will provide banking services using Blockchain?
Hi capricorn121, thanks for your questions! Let me clear it up for you. We're creating the system that provides services similar to banking ones, but based on other principles: the profit from the loan doesn't go to the bank, but is distributed between the end user who issued the loan/ part of the loan, the KYC partner who verified the identity of the borrower and the Insurance blockchain which insured this transaction. Do you have more questions to ask? I'll be happy to answer them all
That's a good question. The identity of the borrower will be checked according to the common rules of going through KYC.
April 25, 2018, 07:45:13 AM
Hello everyone,I just started to study information about the project. I would like to know more information about the insurance structure. How will this be realized?
April 25, 2018, 07:40:16 AM
You wrote In white paper that every participant of the system will have PayDay Card. How will this card be issued?
Hi @sheloa and welcome to our thread. We are going to be partners with several banks issuing such Cards that will be used in ATMs all over the world. By the way what banks your credit cards belong to?
April 25, 2018, 07:37:21 AM
You have planned the introduction KYC. This is excellent. Do you already know where the listing will be?
Hi! The listing of KYC is now being formed, stay connected to our Discord https://discordapp.com/channels/422719259983216641/422719259983216643 and Telegram https://t.me/PayDayCoin to find out about that. Have you already joined our channels?
April 25, 2018, 07:34:50 AM
I would like to know more about the project. It looks beautiful, but there are many common concepts. We need more details!
Hi @Ofcifreak, thanks for your interest! Please specify what exactly you'd like to know besides the info on our website paydaycoin.io?
That sounds like a good idea really. We'll think about what we can do and will keep you updated in this thread.
April 25, 2018, 07:21:53 AM
Hey, guys. I heard about your airdrop. How does it work?
Haven't you see this https://bitcointalksearch.org/topic/airdropbountypayday-unique-global-loan-mechanism-based-on-blockchain-3337548 thread?
All rules are pretty simple. Maybe you also need a link to the white paper?
Oh, thanks. I found this thread but didn't understand rules. Will I get tokens just after I sign up? Or I will have to wait?
Thanks @Ofcifreak for giving our airdrop link. Hey @new_conquistador17 how are you? Yes, we've recently launched our first airdrop. According to the conditions of Airdrop #1 tokens are being distributed during 4 weeks after the Airdrop is closed. By the way, are you guys in?
April 25, 2018, 07:20:34 AM
I would like to know more about the project. It looks beautiful, but there are many common concepts. We need more details!
Hi @Ofcifreak, thanks for your interest! Please specify what exactly you'd like to know besides the info on our website paydaycoin.io?
That sounds like a good idea really. We'll think about what we can do and will keep you updated in this thread.
April 25, 2018, 07:19:40 AM
The project looks interesting. If a few questions clarify me a little, I will gladly join. Do I understand you correctly that you will provide banking services using Blockchain?
Hi capricorn121, thanks for your questions! Let me clear it up for you. We're creating the system that provides services similar to banking ones, but based on other principles: the profit from the loan doesn't go to the bank, but is distributed between the end user who issued the loan/ part of the loan, the KYC partner who verified the identity of the borrower and the Insurance blockchain which insured this transaction. Do you have more questions to ask? I'll be happy to answer them all
That's a good question. The identity of the borrower will be checked according to the common rules of going through KYC.
April 25, 2018, 07:18:39 AM
I would like to know more about the project. It looks beautiful, but there are many common concepts. We need more details!
Hi @Ofcifreak, thanks for your interest! Please specify what exactly you'd like to know besides the info on our website paydaycoin.io?
Have you read our Whitepaper thoroughly? It's quite informative and self-explanatory.
April 25, 2018, 07:17:57 AM
Apparently, the current coin market is full of shitcoins and scamcoins, majority of which is poorly developed and packed with bugs. Their networks are unstable and do wrong when it comes to fundamental security and infrastructure flaws. Looking scammy has never been easier, especially if you release buggy code. We don't want that for PayDay Coin since we tend to have quite ambitious plans. We had started running a network and found some bugs. As a consequence, it was shut down temporarily in order to get those bugs fixed. Now our network stays solid, polished and ready to use. We started network 10 minutes before bitcoin mooning on April 12th. Now PayDayCoin is happy to welcome all friends, foes, aliens, allies and cryptolovers.
I am glad to read such information. Are you sure you can fix the bugs? I hope for a successful start of your projectWe've fixed some bugs already, and as soon as we find any more, we'll let you know.
April 25, 2018, 07:17:09 AM
You wrote In white paper that every participant of the system will have PayDay Card. How will this card be issued?
the team are still silent so sad. I like the project, but there are no answers yet. I dont want to get lost completely. Already I realized there is a version of the purse dektop. Already something. Who is KYC Master Node? What are its functions?MasterNode carries out the borrower's verification and collection of data on the borrower including the initial purpose of the loan. What are you getting lost with?
April 25, 2018, 07:16:01 AM
I would like to know more about the project. It looks beautiful, but there are many common concepts. We need more details!
You're right! More and more similar projects are growing. How will we be identified among all this? I really want to see how you differ from the same projects?
I also wonder why there is no information about the team?We're not hiding from anyone
but what kind of info are you interested in? April 25, 2018, 07:15:12 AM
You wrote In white paper that every participant of the system will have PayDay Card. How will this card be issued?
Hi @sheloa and welcome to our thread. We are going to be partners with several banks issuing such Cards that will be used in ATMs all over the world. By the way what banks your credit cards belong to?
April 25, 2018, 07:14:24 AM
I can`t understand the meaning of your project? you are another wallet. What will be better your wallet?
The bank that will provide loans. Then, where is your license? What kind will you give out loans? Everyone?
The bank that will provide loans. Then, where is your license? What kind will you give out loans? Everyone?
Hello Mr @Hitchcock and thanks for your big interest in our project. First of, the aim of PayDay Coin is to create a decentralised blockchain-based platform where the geographical boundaries between borrowers and lenders all over the world are erased. It's P2P funding, not a banking system, therefore the license is not needed. The loans will be given out to all verified by KYC borrowers. What do you mean by "What kind will you give out loans?" - not sure I get you.
April 25, 2018, 07:12:51 AM
You have planned the introduction KYC. This is excellent. Do you already know where the listing will be?
Hi! The listing of KYC is now being formed, stay connected to our Discord https://discordapp.com/channels/422719259983216641/422719259983216643 and Telegram https://t.me/PayDayCoin to find out about that. Have you already joined our channels?
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