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Topic: Crypto exchange with the unique concept - page 2. (Read 668 times)

member
Activity: 266
Merit: 15
March 27, 2018, 07:19:14 PM
#21
It is really spoon-feed the users with lot of facilities provided, but I concern with these things :
1. If revenues are coming from big amount subscription fee which I believe rare then revenue will not be in big amount, so how is the benefit and potential profit to the investors? one channel for successful ICO can be predicted from how big the profit to be gained to the investors who is hunting then will hold your coins/tokens
2. As there is planned to use SWAP, I think it is avoided by other exchanges as their fees will be cut significantly. So how is the exchange of your tokens if lot of exchanges are not interested to list your tokens?

Your questions are fair.

1. The size of the TOKPIE tokenomics or you can call it "GDP of the platform" (the amount of all revenue nominated, e.g., in USD) is one of the two keys factors, which determines the price of the token. Another primary factor is velocity and inflation (zero inflation for TOKPIE tokens because its number is limited).

So, the GDP of the TOKPIE platform will be consisting of the following revenue sources:
1. Subscription fees.
2. Add-ons sales
3. Interest earnings.

The subscription fee is a win-win condition for both: the platform and high-volume traders (HVT).
The platform is benefiting from high liquidity provided by HTCs, which attracts more and more users. New users, in turn, attract more HVTs. The result we get the big point of attraction for any traders!
HTCs are benefiting from the lowest transactional costs in the market. For example, a subscription fee 90 US dollar equivalent per month is better for a trader who would pay minimum 300 USD in any centralized exchange for the trade volume about 300 000 USD. For example, when we attract first 100k users, and 10% of them will be HTC, this gives about 10k x $90 = $900 000/mo = $10 800 000/year. Not bad for overall GDP.

We predict that add-ons will give about $240k US dollar equivalent at the end of the second year of operations. Most of this revenue will come from start-ups wishing to organize their token sales and / or to be listed on our platform. Taking in mind, that current fee for the listing varies from $20k to $1mln and the number of new ICO is growing, we could be very competitive in that market.  

Interests earnings include a "rollover" fee paid by traders who want to use leverage or marginal trading for making p2p transactions. The average interest rate charged by centralized exchanges for such operations is about 22-25%. We will offer 15%, and expect to receive approximately $720k at the end of the second year of working.

Low Velocity will be obtained by the offering access to the special sections of the platform (dark pool order books, b2b order books, derivatives trading, lending, etc.) only to users who have the minimal number (will be determined later) of TOKPIE tokens on its balances.


2. SWAP (or the ability to exchange crypto-assets to other crypto-assets) is crucial for our model and mission - make crypto assets available everywhere to everyone! Besides, the concept and algorithms of the platform allow us to add the unlimited number of different digital assets. It's a matter of time and servers' capacity when we add all of them.
newbie
Activity: 4
Merit: 0
March 27, 2018, 03:45:33 PM
#20
Hello crypto experts and fans,
Check out Neo Global Capital's major investment in OPEN Platform.

https://globalcoinreport.com/announcing-neo-global-capitals-investment-open/
jr. member
Activity: 92
Merit: 1
March 27, 2018, 10:46:49 AM
#19
It is really spoon-feed the users with lot of facilities provided, but I concern with these things :
1. If revenues are coming from big amount subscription fee which I believe rare then revenue will not be in big amount, so how is the benefit and potential profit to the investors? one channel for successful ICO can be predicted from how big the profit to be gained to the investors who is hunting then will hold your coins/tokens
2. As there is planned to use SWAP, I think it is avoided by other exchanges as their fees will be cut significantly. So how is the exchange of your tokens if lot of exchanges are not interested to list your tokens?
member
Activity: 266
Merit: 15
March 27, 2018, 10:05:50 AM
#18
In this thread, there is no mention to the upcoming ICO as described in the roadmap. The Alpha release is sheduled after the Pre-sale but what if you didn't reach your cap? Then the release of the prototype will be postponed after the main sale?
I found aother thread here https://bitcointalksearch.org/topic/new-concept-of-p2p-exchange-2799867 posted two months ago so why not just updating it instead of making a new one? As it's time to be active in different channels that are not active at all.
I will keep following this project as it looks so interresting.
Good luck

You and all other comrades are welcomed to our first AIRDROP Wink: https://bitcointalksearch.org/topic/airdropclosed-tokpie-p2p-cryptocurrency-fiat-and-swap-exchange-3206263
member
Activity: 266
Merit: 15
March 25, 2018, 04:45:27 AM
#17
Your type of exchange should definitely be included into my survey. Please check how it can be named there: https://bitcointalksearch.org/topic/m.30017532

hmm..following the logic in your thread it should be related to the "advanced" p2p

thanks! you will be included into the final update soon.

OK
member
Activity: 266
Merit: 20
March 24, 2018, 09:48:20 PM
#16
Your type of exchange should definitely be included into my survey. Please check how it can be named there: https://bitcointalksearch.org/topic/m.30017532

hmm..following the logic in your thread it should be related to the "advanced" p2p

thanks! you will be included into the final update soon.
member
Activity: 266
Merit: 15
March 24, 2018, 07:55:06 PM
#15
In this thread, there is no mention to the upcoming ICO as described in the roadmap. The Alpha release is sheduled after the Pre-sale but what if you didn't reach your cap? Then the release of the prototype will be postponed after the main sale?
I found aother thread here https://bitcointalksearch.org/topic/new-concept-of-p2p-exchange-2799867 posted two months ago so why not just updating it instead of making a new one? As it's time to be active in different channels that are not active at all.
I will keep following this project as it looks so interresting.
Good luck

Thanks for following and wishing luck)!

Also, You can subscribe to the announcements on the http://tokpie.io/ or join our telegram group (all social links you can find on the website).

We didn't mention ICO here to be as short as possible. Another thread will be used for ICO promoting soon.

We will release MVP before May 15 regardless of the pre-ICO results.

The person who had created the first topic is now busy on other tasks, so I had created a new one.

And yes, you are right it's time to be active in other channels. And we will do that starting from April 2.
This topic aims to get "last" feedbacks about the website drawbacks and make some corrections before "big" promotion starts.
full member
Activity: 376
Merit: 103
March 24, 2018, 07:07:39 PM
#14
In this thread, there is no mention to the upcoming ICO as described in the roadmap. The Alpha release is sheduled after the Pre-sale but what if you didn't reach your cap? Then the release of the prototype will be postponed after the main sale?
I found aother thread here https://bitcointalksearch.org/topic/new-concept-of-p2p-exchange-2799867 posted two months ago so why not just updating it instead of making a new one? As it's time to be active in different channels that are not active at all.
I will keep following this project as it looks so interresting.
Good luck
member
Activity: 266
Merit: 15
March 24, 2018, 06:40:39 PM
#13
That's interesting but I don't think the comparison between an exchange and localbitcoins is fair. Order matching on localbitcoins is non-existent because basically, participants will pick the individual that can serve them better. Other variables are all based on the utility a buyer can get from the seller whereas in exchanges order matching would simply be the best price from the orderbook,

We compare with Localbitcoins because we also don't touch users' fiat money. And as Localbitoins, we provide a marketplace for people who want to exchange with other peers directly. 

You are right, saying that on Localbitcoins participants pick the individual that can serve them better. It works like a big advertisement marketplace.

One of the main drawbacks of such marketplace is that each user must post its ads fully describing conditions how he/she sell/buy and another person must read all these shit =) here is the example



Instead of this, we match not users but their trading orders that already contain all predefined conditions for the successful transaction. So no need to waste time on additional negotiations with the counterparty.


To be more specific we:
- standardize all transactions (no need to write/read long ads posts)
- empower each instrument with Price Charting tool, so that people could quickly make price predictions for the required Instrument.
- create Order Book for each Instrument so that people could bargain on price in real-time (AUCTION)
- create the tools for price alerts and notifications
- create scanning tools,
- and many many other tools can be added  - no limits! 

Non-one P2P crypto-fiat exchange can do what we offer.
member
Activity: 266
Merit: 15
March 24, 2018, 06:16:33 PM
#12
all people this now prefered interest decentralized exchange same with etherdelta
and not only pair btc/usd, but prefered interest altcoin trading
because if only btc to fiat money, all people prefered in local exchanger

YES! you are right! We also think so!

This is why in our exchange people also could trade any crypto for another crypto in seconds with NO FEES, using instruments like
[SWAP - cryptocurrency / cryptocurrency - SWAP].  We just use SWAP symbol to replace county and method of payment.

Here is an example from our alpha.


[/ur



legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
March 24, 2018, 05:57:49 PM
#11
That's interesting but I don't think the comparison between an exchange and localbitcoins is fair. Order matching on localbitcoins is non-existent because basically, participants will pick the individual that can serve them better. Other variables are all based on the utility a buyer can get from the seller whereas in exchanges order matching would simply be the best price from the orderbook,
hero member
Activity: 644
Merit: 500
March 24, 2018, 05:54:14 PM
#10
all people this now prefered interest decentralized exchange same with etherdelta
and not only pair btc/usd, but prefered interest altcoin trading
because if only btc to fiat money, all people prefered in local exchanger
member
Activity: 266
Merit: 15
March 24, 2018, 05:38:37 PM
#9
Is an interesting idea, I saw that you show your faces what is already very good to win the confidence of customers. I'll add things you should think about having:

1 - you must have physical office in real life, because with this people will have a place to complain in case they have a serious problem

2 - you must have a phone number, because this also helps if someone needs urgent help

3 - you must have enough staff to answer support tickets

Thanks a lot for your recommendations!

1. One office will be opened in Hong Kong (the company had already been registered there). And one more will be opened in Ireland or Swiss after ICO.

2. Contact phone will be added during next week as well as an EV SSL certificate and D.U.N.S seal (later) proving our reliability.

3. Support is one of our primary point of attantion. We will apply support gamification principle to grow community engagement.
So, many simple questions will be answered by experienced users who are being rewarded for that with our tokens.


Could you please advice any additional improvements for our website?
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
March 24, 2018, 04:17:45 PM
#8
Is an interesting idea, I saw that you show your faces what is already very good to win the confidence of customers. I'll add things you should think about having:

1 - you must have physical office in real life, because with this people will have a place to complain in case they have a serious problem

2 - you must have a phone number, because this also helps if someone needs urgent help

3 - you must have enough staff to answer support tickets
member
Activity: 266
Merit: 15
March 24, 2018, 02:25:39 PM
#7
Concept is interesting... however - where does revenue come from? where is your profit?

Good question:

The revenue will come from:
1) Subscription Fees (only if you trade >100k)
2) Add-ons
3) interest fees

1.
We will set subscription fees on a tiered basis (Standard, Premium and Enterprise).
The amount of a subscription fee will depend on the user’s monthly volume of trade.
There will be no fee for users whose monthly trading volume is below $100,000 equivalent.

2. Add-ons will be including one-time consumable services like creation of an exclusive Order Book
for other start-up's token sale or listings.
Ordinary users also could make one-time acquisitions of some special tools.

3. Traders would be allowed to utilize their crypto-assets held on the accounts for leverage and marginal trading.
Some rollover fee (interest) will be charged for that.
newbie
Activity: 23
Merit: 0
March 24, 2018, 01:53:42 PM
#6
Concept is interesting... however - where does revenue come from? where is your profit?
member
Activity: 266
Merit: 15
March 24, 2018, 01:48:44 PM
#5
Possibly an interesting concept.

However, the name is not remember-able. It's a strange name.



Also, grammar / English grasp. Just reading your thread and some of the screenshots, the English is off.

thanks for your comments!

the name is not strange)) It was made from TOKENS + PIE. = TOKPIE.
That is your unfair advantage for success in the slicing-up the global crypto-assets pie!

Concerning english.
This is a draft version; so, all texts will be rewritten and polished.
jr. member
Activity: 115
Merit: 8
March 24, 2018, 12:26:38 PM
#4
Possibly an interesting concept.

However, the name is not remember-able. It's a strange name.

Also, grammar / English grasp. Just reading your thread and some of the screenshots, the English is off.
member
Activity: 266
Merit: 15
March 24, 2018, 12:20:07 PM
#3
Your type of exchange should definitely be included into my survey. Please check how it can be named there: https://bitcointalksearch.org/topic/m.30017532

hmm..following the logic in your thread it should be related to the "advanced" p2p
member
Activity: 266
Merit: 20
March 24, 2018, 09:39:24 AM
#2
Your type of exchange should definitely be included into my survey. Please check how it can be named there: https://bitcointalksearch.org/topic/m.30017532
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