Crypto Price Index | Bitcointalksearch.org

CP_Processor

jr. member

Activity: 252

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Quote from: PPPA on June 14, 2018, 11:45:06 AM

Extraordinary project

Thanks!

PPPA

newbie

Activity: 18

Merit: 0

Extraordinary project

CP_Processor

jr. member

Activity: 252

Merit: 1

Did you know that you can download price index widget for your website FOR FREE from our website https://coinpaymentprocessor.org/ ?! All the popular cryptocurrencies and their price change in real time! btc, eth, bch, xrp, ltc Shocked

CP_Processor

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Activity: 252

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We believe it is of great importance to inform our community on the value of stablecoins!
Therefore, we have a new poll on our Twitter page https://twitter.com/CP_Processor/status/1001470165266173952

Your opinion matters! So like, share, comment and vote for your favourite type of stablecoins!

CP_Processor

jr. member

Activity: 252

Merit: 1

Quote from: coupable on May 09, 2018, 09:54:34 AM

The word "fair distribution" looks a little bit strange. Am not an english native speaker so i may mistaken getting some points in details.
Thanks for your detailed response

Hello,
Here is some more info >>>

First Token distribution of = 35.000.000 pcs.
START at 2018.04.04.
END at 2018.05.14.

It is a 40 days long FAIR DISTRIBUTION for all participants.
We use Duch Auction method for transparent token distribution.
NO PRE-SALE, NO DISCOUNTS, NO BONUS, NO PRICE...
At the end of the auction ALL 35.000.000 cPRO tokens will be distributed proportionally to ALL participants with ETH deposit.
SUM(ETH) = SUM(cPRO)

35%   First Token distribution Q2.2018
35%   Second Token distribution Q2.2019
30%   Open Consortium   2018 & 2019
SUM = 100.000.000 pcs

So, in the First distribution we use Dutch Auction method for transparent token distribution.
It is proportional distribution, all participants will get proportional amount of cPRO token to they imput of Ethereum.
Please look this link https://www.investopedia.com/terms/d/dutchauction.asp

Also Raiden network have the same token distribution, take a look https://medium.com/@raiden_network/the-raiden-token-auction-explained-1cc0c7946b26
But, if you looking the simple answer this is example >>>
Say Alice sends 1 ETH to the auction very early, when the price is still 1 ETH/RDN.
Bob is more patient and waits for the price to drop to 0.1 ETH/RDN and also sends 1ETH to the auction.
Let’s assume that at some later point in time the auction ends with a price of 0.000001 ETH/RDN.
Then both Alice and Bob will get 1,000,000 RDN tokens, because they sent the same amount (1 ETH) and
get the same final price (0.000001 ETH/RDN) at the end of the auction.

coupable

hero member

Activity: 2338

Merit: 757

I used the link you provided https://coinpaymentprocessor.org/widgets/?page_id=1211 to understand the coin distribution method but fall again in some ambiguis details again about caracteristics of the coin and how much should i send to the contract address and how much i will get?

Quote

So, there is NO PRICE, NO PRE-SALE, NO DISCOUNTS, NO BONUS…

At the end of the first distribution =35.000.000 cPRO tokens will be distributed proportionally to ALL participants with ETH deposit on distribution smart contract address.

The word "fair distribution" looks a little bit strange. Am not an english native speaker so i may mistaken getting some points in details.
Thanks for your detailed response

CP_Processor

jr. member

Activity: 252

Merit: 1

Quote from: coupable on May 08, 2018, 08:41:33 AM

Is this good enough as a beginning? what are the details of the coin created for the crowdsale (price,bonus,milestone...)?

cPRO token distribution is not crowdfunding, it is a fair distribution of Utility Membership Token.
So, there is no lower or upper limit, it's just the way it is right now, and in the future we will see how the community will accept the project and cPRO token.

Please take a look at https://coinpaymentprocessor.org/widgets/?page_id=1211

CP_Processor

jr. member

Activity: 252

Merit: 1

Quote from: coupable on May 08, 2018, 08:41:33 AM

You don't mention the ICO which is actually running as mentioned in the site that less than seven days until the end of first coin distribution.
For the first stage, the contract address collects 1.618 Ether https://etherscan.io/address/0xDe91381dEf9C16230676ca7C52E000d4Db67F8cA
Is this good enough as a beginning? what are the details of the coin created for the crowdsale (price,bonus,milestone...)?

The two tool bars in the site shows cryptocurrencies with their actual prices but there is no indication about the exchange rate you use to track prices instantly.

Crypto Price Indexes are small part of much bigger project as you can see.
So, they are free and open source...https://coinpaymentprocessor.org/widgets/

Also, the full methodology for creating Price Indexes are on the web site(footer) https://coinpaymentprocessor.org/documents/iBTC%20METHODOLOGY%20GUIDE%20v1.2.pdf
You can see more info on the FAQ page https://coinpaymentprocessor.org/widgets/?page_id=1213

coupable

hero member

Activity: 2338

Merit: 757

You don't mention the ICO which is actually running as mentioned in the site that less than seven days until the end of first coin distribution.
For the first stage, the contract address collects 1.618 Ether https://etherscan.io/address/0xDe91381dEf9C16230676ca7C52E000d4Db67F8cA
Is this good enough as a beginning? what are the details of the coin created for the crowdsale (price,bonus,milestone...)?

The two tool bars in the site shows cryptocurrencies with their actual prices but there is no indication about the exchange rate you use to track prices instantly.

CP_Processor

jr. member

Activity: 252

Merit: 1

Do you think that STABLECOINS are needed in the future of crypto payments?

If you have an opinion on this subject, leave a comment, or follow this link and cast your vote Wink