Topic: 🌟🌟🚀[ANN][PRESALE] Snapup -Big announcement is Here 🌟 🚀 - page 58. (Read 59166 times)

"We will list Snapcoin on all the major exchanges to be traded on."
From the previous answer 

I really cant wait for the platform to be released!
This will really be a revolutionary way to shop!! I cant wait to buy some premium products.

This will be a succes!
Keep it up team.

You are right but remember more exchanges provide larger liquidity.I think atleast 2 big exchange like polo or bitttrex would be good

Your chances were about 1:30 for that iPhone. Wait for next q&a, maybe there will be next raffle 

Do you have a timeframe on wich exchanges do you want to get listed? Btw., do you have goals on wich specific exchanges you want to get listed? Because, when you go on different exchanges at the same time, there is the danger of a big dump. Seen it by several other coins, wich never came back.

Thanks for answering my question.Now Snapuup investment looks more lucarative to me and I am sure as more people learn about it,they all will want to invest in pre-sale.
I wish I had asked this question in Q&A session as I could have won iphone

Yeah, Decentraland is very popular 

Good to know that your metric systems works, moreover it's opensource so everyone can use it, great thing 

Awesome to hear that. I'm really excited for this project. The ICO can't come soon enough

Snapup Greek thread is available here

That is a great news and being a nontechnical guy I'm able to understand most of it through your Vlogs. And I just watched the raise as a spectator as it went like a rocket.

Hey Kraterion! Thank you for the support.

It's doing great, yesterday we tested it monitoring the Decentraland Crowdsale, and it worked like charm.

Btw, they raised 6 million in less then 1 hour, it was astounding to watch  

As soon as we wrap everything up for the presale we will dedicate to the community with the same effort we are putting into engineering,
so it's possible that a video like that might be released.

Hey Alex, how Metrics is doing? We will see a 3-4 minutes vLog about it before presale? I know that it's gonna be open source and it will be available on GitHub but, you know, an explanation for non-coders would be good

Thats very good thing, even for speculators or bounty hunters because they could use tokens on actual platform instead of dumping them on exchange. Thanks to that price shouldn't fluctuate so much

Snappy the crocodile is a good mascot and will certainly attract many young people.

What is really good is that SnapUp will be a coin that wewill be directly able to spend again a real service. The crypto will be immediately connected to all the environment of Snapup. Quite good for an ICO.

Snapup will be introduce to none crypto users, this means a new user base of altcoin which will increase awareness and help spread the word out. and just by joining snapup website they learn a crash course on crypto currency and enjoying a big discount on a premium product.

all the electronic from apple, ibm, samsung etc etc comes from china 

Great idea! This will significantly improve liquidity of the Coin and higher liquidity means happier investors

GREAT QUESTION!

Snapcoin is in limited supply. 200.000.000 tokens in total, of which 100.000.000 will be distributed to the investors during the crowdsale, and the other half will be kept for the distribution to the public(check the whitepaper for the details)

The target audience for Snapup is the general public, who is not necessarily cryptocurrency savvy.

They are going to be the users of the application. Thanks to our mechanism, they don't even have to know it's a cryptocurrency to use it, look:

The price for joining an even is calculated as the EURO counterpart for the SNAPCOIN.

So for an Iphone that costs say 1000€, if we say Snapcoin has a market price of 0,33€, you would need 3030 SNP in total to CLOSE THE EVENT,
and if we set the max participants to the event to be 300 people, everyone would have to pay approximately 10SNP to join(3,30€)

Now, say that the value of snapcoin doubles. Since the participation cost is calculated as the EURO counterpart, with your snapcoin now you can join DOUBLE the amount of Snapups.

And how would the value of Snapcoin increase over time? There's generally 2 factors that influence the value of a cryptocurrency:

1 - Supply/Demand
2 - Market Cap
3 - It's Market

Let's start with the market:

Snapcoin have value because there's someone, Snapup, who will provide a service in exchange for Snapcoin.
If we buy Snapcoin back from the users(as we do) to close the events and assign the products, the value of Snapcoin can never go below what we as a company are willing to buy it back for.

Supply and demand:
Snapcoin is in limited supply. The more people would want to buy Snapcoin, the more their value is going to raise.

Market Cap:
The more people buy Snapcoin, the more the market cap is going to increase.
Being the supply a constant that can never increase, the value of Snapcoin can't help but go up the more people buy and sell them back to us in exchange for our services and we sell them back to new or recurring customers that put more money in the system! (Can you actually visualize it?)

Now, you can clearly see how this benefits you as an investor.

We will list Snapcoin on all the major exchanges to be traded on.

Furthermore, Since we will always be the largest Snapcoin buyers and sellers, we are planning to give investors the possibility to put their snapcoin up for sale in an "Investor Pool". Kinda like an "in app" Exchange; And grant them that 15% of the snapcoin sold daily will be taken by that pool.

We've blogged about this on medium also, check this out: https://medium.com/@Snapup/how-snapup-will-change-the-way-you-shop-online-forever-7a1e29c66d35

Hope this answers your question

- Alex, CEO @ Snapup ltd

Because a lot would participate in each Snapup, so only one would win the product at a cheap price, others pay fees and win karma instead of that. But the team said that only a limited amount of person could participate to a single snapup. The system would work great but maybe will need little fix at the start, but the idea is great. Also they have announced partnertship with amazon and other big retailer, so maybe we will have very nice product in each Snapup.