Topic: [ANN][TOKENSALE][BOUNTY] PRP. Papyrus: Decentralized Advertising Ecosystem - page 19. (Read 39480 times)
March 12, 2018, 01:32:54 PM
I am an advertiser. What benefit will I receive using your product?
March 12, 2018, 01:26:59 PM
Does the token have a clear purpose?
Hi, thanks for the question. The Papyrus Token (PPR) is a value carrier inside the Papyrus ecosystem. For example, it will be used by Advertisers to budget their campaigns or to incentivise users for cooperating.
March 12, 2018, 12:34:42 PM
Does the token have a clear purpose?
March 12, 2018, 12:19:01 PM
Why did you decide to issue two tokens?
Hey Crypto_Man1212, we issued our first Papyrus Prototype Token for our early investors during our first Token Generation round, in order for them to exchange these tokens for a larger amount later during our Token Generation R2. So if you, for instance, got one PRP token, basically during TGE2 it will be conversed into ±60 of our PPR tokens for today (more details about echange PRP to PPR exchange rate: https://blog.papyrus.global/prp-ppr-token-conversion-ratio-detailed-description-80fedc62f1f6). PPR tokens will be our main token used in the Papyrus platform, with a stable value on the exchanges.
Awesome, thanks for the reply. I like the responsiveness of this team. Also, that explanation makes sense.
What is the total supply of tokens?
Any questions and feedback are appreciated, thanks to you! The total emission cap of PPR tokens will be 1 billion tokens. Handed PRP tokens once exchanged to PPR will make a part of this supply too.
So 1 000 000 of the tokens will make the total supply.
March 12, 2018, 12:12:51 PM
Hey devs, just found out about your project, it sounds very ambitious. Transparence in Advertising market huh? Does this market really needs it? Like if it would need more transparency or less intermediaries, as you say, it would clear itself like every market does. Papyrus feels to me something good on paper, but not that desirable in reality.
Transparency helps to optimize the ad campaigns better, removes unscrupulous intermediaries, and antifraud marketplace provides better protection against fraud. In total it can save tens of percents of ad agencies' money.Hmm alright, I understand, but does really digital ad market needs this solution? Sure there are intermediaries and fraud, but it somehow still floats without any signs of going down soon. If there are intermediaries, then there is a use of them. You seem like intermediary too, since you'll need your share too!
There are more than $6 billion of losses in digital market due to fraud only. Shady intermediaries is a big problem too, as often only 40% of initial budget recieved by the publisher meaning that the advertiser only gets access to 40% of the advertising inventory as well. Papyrus introduces a solution for maximising profits both for publisher and advertiser - while cost of using papyrus platform is low, any cuts for any third parties inside the ecosystem are fully controlled and transparent. We are not getting rid of intermediaries, we are providing an option with a long list of benefits for any market participant, easy to use and join. Concerning 'being on paper' we have already released our MVP (working product) on our new website, check it out. https://papyrus.global
Well, okay. That makes sense, thanks for clarifying this to me.
March 12, 2018, 12:02:07 PM
Why did you decide to issue two tokens?
Hey Crypto_Man1212, we issued our first Papyrus Prototype Token for our early investors during our first Token Generation round, in order for them to exchange these tokens for a larger amount later during our Token Generation R2. So if you, for instance, got one PRP token, basically during TGE2 it will be conversed into ±60 of our PPR tokens for today (more details about echange PRP to PPR exchange rate: https://blog.papyrus.global/prp-ppr-token-conversion-ratio-detailed-description-80fedc62f1f6). PPR tokens will be our main token used in the Papyrus platform, with a stable value on the exchanges.
Awesome, thanks for the reply. I like the responsiveness of this team. Also, that explanation makes sense.
What is the total supply of tokens?
March 12, 2018, 10:04:55 AM
What about milisec transactions? How are you going to deal with them? RTB is really fast.
Dealing with milsec transcations in RTB is one of our most important technologies achieved. Papyrus provides a scalability layer to deal with billions of mili-sec transactions and a huge amount of logs. It's made possible with state channels concepts (like Raiden or Lightning).
March 12, 2018, 09:53:19 AM
What about milisec transactions? How are you going to deal with them? RTB is really fast.
March 12, 2018, 09:39:40 AM
hello, can I buy your tokens?
Our first Token Generation round is over, you will be able to purchase tokens during our Token Generation Event 2 public stage. TGE2 will start this quarter.
March 12, 2018, 09:28:33 AM
hello, can I buy your tokens?
March 11, 2018, 05:17:23 PM
Hey devs, just found out about your project, it sounds very ambitious. Transparence in Advertising market huh? Does this market really needs it? Like if it would need more transparency or less intermediaries, as you say, it would clear itself like every market does. Papyrus feels to me something good on paper, but not that desirable in reality.
Transparency helps to optimize the ad campaigns better, removes unscrupulous intermediaries, and antifraud marketplace provides better protection against fraud. In total it can save tens of percents of ad agencies' money.Hmm alright, I understand, but does really digital ad market needs this solution? Sure there are intermediaries and fraud, but it somehow still floats without any signs of going down soon. If there are intermediaries, then there is a use of them. You seem like intermediary too, since you'll need your share too!
There are more than $6 billion of losses in digital market due to fraud only. Shady intermediaries is a big problem too, as often only 40% of initial budget recieved by the publisher meaning that the advertiser only gets access to 40% of the advertising inventory as well. Papyrus introduces a solution for maximising profits both for publisher and advertiser - while cost of using papyrus platform is low, any cuts for any third parties inside the ecosystem are fully controlled and transparent. We are not getting rid of intermediaries, we are providing an option with a long list of benefits for any market participant, easy to use and join. Concerning 'being on paper' we have already released our MVP (working product) on our new website, check it out. https://papyrus.global
March 11, 2018, 04:54:19 PM
Hey devs, just found out about your project, it sounds very ambitious. Transparence in Advertising market huh? Does this market really needs it? Like if it would need more transparency or less intermediaries, as you say, it would clear itself like every market does. Papyrus feels to me something good on paper, but not that desirable in reality.
Transparency helps to optimize the ad campaigns better, removes unscrupulous intermediaries, and antifraud marketplace provides better protection against fraud. In total it can save tens of percents of ad agencies' money.Hmm alright, I understand, but does really digital ad market needs this solution? Sure there are intermediaries and fraud, but it somehow still floats without any signs of going down soon. If there are intermediaries, then there is a use of them. You seem like intermediary too, since you'll need your share too!
March 11, 2018, 04:18:31 PM
Hey Papyrus devs! Congrats with your new website and MVP! A working product is a major step, not many ICO's really reach that. What are your next goals to reach, what we should expect in the future? Are PRP coins going to be exchanged soon? Cheers!)
Since MVP and Website are there, the next our major goals are TGE2 and the first pilot projects with our new platform, also expect more updates and info soon! PRP coins will be converted to PPR during TGE2 automatically. Stay tuned!
March 11, 2018, 04:09:26 PM
This website is so slick. I'm really impressed! I think this project is awesome too. As they say, TO THE MOOON!
Thank you for the kind words sir, we did our best. To the mooon with you!
March 11, 2018, 04:05:19 PM
Hey Papyrus devs! Congrats with your new website and MVP! A working product is a major step, not many ICO's really reach that. What are your next goals to reach, what we should expect in the future? Are PRP coins going to be exchanged soon? Cheers!)
March 11, 2018, 03:59:31 PM
This website is so slick. I'm really impressed! I think this project is awesome too. As they say, TO THE MOOON!
March 11, 2018, 03:56:56 PM
Why did you decide to issue two tokens?
Hey Crypto_Man1212, we issued our first Papyrus Prototype Token for our early investors during our first Token Generation round, in order for them to exchange these tokens for a larger amount later during our Token Generation R2. So if you, for instance, got one PRP token, basically during TGE2 it will be conversed into ±60 of our PPR tokens for today (more details about echange PRP to PPR exchange rate: https://blog.papyrus.global/prp-ppr-token-conversion-ratio-detailed-description-80fedc62f1f6). PPR tokens will be our main token used in the Papyrus platform, with a stable value on the exchanges.
March 11, 2018, 03:34:49 PM
Why did you decide to issue two tokens?
March 11, 2018, 03:31:15 PM
Love the idea, but how do you decide whether each site is brand safe or not? I wanna know consensus algorithm?
Thanks for the observation, our consensus algorithm is based on signing of three parties in the blockchain: by Publisher, Advertiser and a third party, chosen by the publisher. There may be more third parties by publisher's will, but the overall number of parties must not be divisible by 2. (3, 5, 7 etc.). If an ad event passes all the signs, it arrives on the publishers platform, if not, it is rejected for not causing any setback.
March 11, 2018, 02:59:00 PM
Love the idea, but how do you decide whether each site is brand safe or not? I wanna know consensus algorithm?
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