Topic: [ANN][TOKENSALE][BOUNTY] PRP. Papyrus: Decentralized Advertising Ecosystem - page 28. (Read 39519 times)

1000,000,000?  So why is it so expensive? 1$??

Nice to hear really important for the ecosystem development questions!

We do this in the interest of the project and token holders to create more value at the moment when we officially release tokens to exchanges. If tokens will be allowed to be transferred and traded before their official release on exchanges it creates grounds for fraud, unfair market etc with our tokens, we would like to prevent it to make TGE Round 2 efficiently.

In 3 weeks after end of bounty program (December 1), according to their russian Telegram channel.
2% is calculated from total supply (including advisory board's share). 80% was sold, other 20% = 18% (for advisor) + 2% bounty.

Ok, after reading all this I see one good point, one bad and one question

Somewhat bad is that bounty rewards were shrinked down to 16900. It is a rediculously small amount, taking into consideration that 2% of total PRP supply (>5M) was promised to be distributed in september's version of whitepaper. I might be making a mistake, but in August it was even 3%. But what's offered now as a bounty is 5 times less. If I have known it beforehand, I wouldn't bother participating. The other side is that not too much free tokens will be distributed, so this supply won't affect token price too much.

Very good news is that all 45% will be distributed after TGE2. In case of airdrop, one can get significant share of tokens proportionally to investment. This looks motivating to invest some extra cash.
Hope you won't change rules this time.

And a question is about PRP not being available on ethereum mainnet. Can you explain, what does that mean to token holders?

Sir, 2% of the sold 675,543.319 PRP is 13,510 PRP, isn't it? And you write "16,888.583 PRP is allocated to the campaign bounty pool"
And When bounty distribution?

We are happy to announce that the PRP token generation is complete.

Official PRP token smart contract address: 0xCB95cA62AACdc3C608aA2E78057e918a1B180616

PRP token official registered information on Etherscan.io: https://etherscan.io/token/0xCB95cA62AACdc3C608aA2E78057e918a1B180616.

To summarize the PRP token generation:

● 675,543.319 PRP tokens were sold during TGE Round 1 and distributed. A small part of them is on hold in a Papyrus multisignature wallet as we are waiting for KYC documents from some participants. This pool represents 80% of PRP tokens minted for TGE Round 1.

● 168,885.830 PRP tokens were minted for the pool for our advisory board, bounty campaign, Papyrus partners, pilot integrations with ad platforms, and the founding team. This pool represents 20% of PRP tokens minted for TGE Round 1. From this pool 16,888.583 PRP is allocated to the bounty campaign pool that is 2% of PRP tokens minted for TGE Round 1.

● 5,405,570.851 PRP tokens are frozen at the multisig wallet of the Papyrus Foundation for future token sale rounds and according to our rules Papyrus has an option to run additional rounds selling these PRP tokens to secure up to $5M capital with a limit for a maximum supply of 6,250,000 PRP.
All PRP tokens will be converted to main PPR tokens using 1 PRP : 24 PPR ratio during TGE Round 2.

Future token sales update

1. In order to streamline the following TGE rounds and speed up the PPR token listing we decided to combine the remaining phases of TGE Round 1 (intended to reach $5M cap) and the TGE Round 2 into one single TGE Round 2. All the frozen PRP tokens will be burned and the corresponding number of PPR tokens will be distributed during TGE Round 2.

2. The price for PPR tokens for TGE Round 2 will be not be less than 0.055 USD. Therefore the minimum bonus for current PRP holders will be at least 32% in USD value. The final price of PPR tokens will be announced later.

3. TGE Round 2 will be organized in a form of private subscription. After all the orders are collected the maximum cap and PPR price will be defined.

4. PRP tokens won’t be transferrable in Ethereum mainnet before TGE Round 2 to avoid market manipulation that may affect TGE Round 2 performance. The Papyrus prototype will be tested in Ethereum testnet.

If you have any questions regarding the token distribution and future Papyrus plans, please contact us by email: [email protected].
Also you can find all necessary token information and instructions here: https://papyrus.global/media/files/prp_token_information_and_instructions_en.pdf

Maximum supply of PPR is 1,000,000,000. As we have multiple token generation rounds, please, read this blog post: https://blog.papyrus.global/announcing-the-papyrus-token-generation-event-round-1-37a403cdb50c

WHAT TGE2? i dont know TGE2??

I meant maximum supply??

Nobody knows yet what the price is going to be when PRP hits exchanges, and you're asking about TGE2 price now If you really feel lke buying some PRP, look close for it to be added on some exchanges AND wait for the bounty program to finish. When bounty participants start selling their "free" tokens, you may have an opportunity to buy some PRP even cheaper than it was during ICO. Just wait for an announcement.)

A very good project, worth studying and implementing

Brilliant overview of our project on Japanese! Please, enjoy: https://www.coinjinja.com/detail/papyrus

Non-human traffic have spread around every corner of online world. It’s almost 40% of digital display ad impressions on “vertical-focused” websites in China that were never seen by a human, but the problem also occurred in Europe. The recent survey mentioned in eMarketer shows that ad fraud is considered as the second widespread concern for app marketers (attribution issues take the first place). But at the same time it’s only 44% of app marketers that had a strong understanding of potential risks of ad fraud on their campaigns.

How Papyrus will beat ad fraud problems?

First, we include decentralized reputation and antifraud solutions into Papyrus ecosystem that will ensure the security of infromation base for advertisers to make educated decisions on ad bids. For instance, if a publisher has lower rates or appears suspicious, advertisers have options to bid with significant discount or not to bid at all.

Second, by using smart contracts, the Papyrus ecosystem reinvents market conditions for all involved parties: it creates a transparent framework for interaction in which honest participants will earn more revenue while dishonest will ultimately lose and stop their bad behavior. The structural security of the Papyrus ecosystem will be of magnitudes greater for advertisers than in traditional centralized adtech because of the openness and decentralization of the ecosystem and dynamic matching of economic incentives.

Third, Papyrus is open to include different implementations of ecosystem components, including SSPs, DSPs, DMPs, antifraud solutions, ad exchanges and many other adtech-related dApps. Developers of different components can establish flexible fees for the use of their resources under the governance of Papyrus DAO.

We considering multiple scenarios at the moment at let you know soon with official announcement.

Does anyone have news (information) about what price will sell the token of the project in the second phase of ICO.

The Project Is Excellent. Passed the first stage of sale of tokens. I participated in a bounty program on Twitter and Facebook. Who knows when there will be listed the coins in the wallets for the participation in the bounty program?

Minting is in process, so some of the contributors have received and some not yet. Wait a bit, please

Novemner 23 is getting close. Has anyone received PRP tokens so far?

i bought some papyrus but i'm not comfortable with that that's why i joined the bitcointalk signature bounty program and i hope that i will enjoy more papyrus the future adsense

It's yet to be decided the exact date, but we make a huge announcement here