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Topic: 🚀🚀🚀 GRATZIO - GLOBAL MARKETPLACE FOR P2P INSTANT FAVORS - page 42. (Read 111263 times)

copper member
Activity: 188
Merit: 0
Is it possible to mine your coins?

No, we are environmentally-friendly.
We are based on the Stellar network, so no miners involved!

The Stellar network does not have a mining-based currency. At the network's genesis, 100 billion stellars were created. The only other stellar creation mechanism is inflation. To account for both economic growth and lost stellars, there is a fixed 1% annual rate of new stellar creation. These new stellars will be generated on a weekly basis and distributed via a direct voting method.
newbie
Activity: 96
Merit: 0
Is it possible to mine your coins?

I dont think so, since no such information is available even on their website.

Is this a utility token or a security token?

I think its a utility token, since the paymnet on gratz app will be made through gratz tokens.
newbie
Activity: 32
Merit: 0
Is it possible to mine your coins?

I dont think so, since no such information is available even on their website.

Is this a utility token or a security token?
newbie
Activity: 38
Merit: 0
Is it possible to mine your coins?

I dont think so, since no such information is available even on their website.
newbie
Activity: 32
Merit: 0
Is it possible to mine your coins?
newbie
Activity: 38
Merit: 0
Will the payments be made by gratz team or person taking the favors directly?
newbie
Activity: 62
Merit: 0
Where can I see your roadmap and from what your project started?

I guess roadmap is available on the website Smiley
newbie
Activity: 62
Merit: 0
Will the prices for the services on the app will be quoted in USD and then converted into gratzio tokens based on the current market price or will they be quoted in gratz tokens?

The prices will be in Gratz, because it will work all over the world - and there are different local currencies, different prices, and mentalities.

That is why we do not have set prices at all. You decide how much you are willing to pay for the service you want to order.

Hmmmm. So the same services might be available at different prices in the world. Prices totally a function of demand and supply.
copper member
Activity: 23
Merit: 0
Where can I see your roadmap and from what your project started?
jr. member
Activity: 168
Merit: 1
I really liked the description of the project and I think that it really looks very convenient and necessary , but I have a question : "what will happen if my request is not fulfilled ?(For example, I am far away and I can not deliver roses in 15 minutes)."
copper member
Activity: 188
Merit: 0
Is DAO reffer to The Movement? And when will ICO run? And how much will be the price of coin in ICO and how much cost and what is minimum to buy?

DAO refers to Decentralized Autonomous Organization. Here is the video that explains the DAO concept: https://www.facebook.com/gratzio.dapp/videos/222263358360672/

The ITO will start on July 30th and will run until the August 30th with the price of $0.05. There will be no minimum to participate in our ITO.

Currently, you can buy tokens with the pre-sale discount of 40% at $0.03. The pre-sale will end in about 4 days. So if you want the discount - register and fill out the KYC form here: https://gratz.io/buytokens
member
Activity: 161
Merit: 10
Is DAO reffer to The Movement? And when will ICO run? And how much will be the price of coin in ICO and how much cost and what is minimum to buy?
copper member
Activity: 188
Merit: 0
Will the prices for the services on the app will be quoted in USD and then converted into gratzio tokens based on the current market price or will they be quoted in gratz tokens?

The prices will be in Gratz, because it will work all over the world - and there are different local currencies, different prices, and mentalities.

That is why we do not have set prices at all. You decide how much you are willing to pay for the service you want to order.
newbie
Activity: 62
Merit: 0
Will the prices for the services on the app will be quoted in USD and then converted into gratzio tokens based on the current market price or will they be quoted in gratz tokens?
newbie
Activity: 13
Merit: 0
How are you going to utlise the ICO funds.

Did you even read the first quote? Clearly mentioned.
20% — Development
50% — Marketing
20% — Stabilization fund
5% — Legal expenses
5% — Partnerships

Lol. Just missed it i guess. Anyways thanks Wink
newbie
Activity: 96
Merit: 0
All members of the team have made a multi-faceted and excellent first and all the members are committed to their work, as well as all the self-confident too. I am proud that I am part of this project. The project is really interesting, today! It attracts the attention of other people. Today, development is very important in this area!
newbie
Activity: 29
Merit: 0
What is the return on investment for investors for this project?


I will answer this with the quote from this article:

"A properly designed token sale doesn’t promise ‘investment returns’, ‘dividends’ or ‘profits’. Instead, it focuses on selling a digital asset that will have a clear use case in a decentralized application, as a means of both incentivizing development and solving the chicken-and-egg problem for the network. A properly designed token actually serves a purpose: it is required in order to participate in the network, rather than just being a funding mechanism."






Here are some thoughts to help you form your own prediction:

We issued only 1 billion tokens at $0.05. There will be no more tokens issued. The only way to pay each-other on the platform is by paying in gratz.   

The platform can be used by anybody with a cell phone. There are about 4.5 billion cellphone users in the world so the market potential is huge. Everybody can use a favor or two during their regular day and a lot of people would be happy to do favors for them in exchange for a cryptocurrency.

Gratzio has 20K users already registered in the first 3 weeks. This pace will only increase as we are raising funds now and are constantly expanding our exposure in every direction. The more users Gratzio will have - the more scarce tokens will become adding in value with every user who joins the platform. So right now you can buy tokens with 40% discount (pre-sale will end in 5 days) But in two months when GRAT token will hit the exchanges and people from US will also start buying tokens that they couldn't during the ITO?


That's a very well drafted economics answer. Simple law of demand and supply. As the tokens are limited, this is the best time to buy the tokens. I think the pre-ico is also ending soon and after that they will be available for 0.05. Its good to see your logical answer instead of developers promising for moon and lambo once their tokens will hit the exchange. Thanks!
copper member
Activity: 188
Merit: 0
Excited about this project, it looks like a unique idea, which might prove to be very successful.

with a unique and interesting concept I see this is a project that has good prospects for the future, with good teamwork and support from bounty hunter hopefully this project can run smoothly and achieve success


Thank you! The bounty hunters help us tremendously creating and spreading promotional content about Gratzio across the web at lightning speeds!
And we have many more original bounty campaigns up our sleeve. 
newbie
Activity: 38
Merit: 0
How are you going to utlise the ICO funds.

Did you even read the first quote? Clearly mentioned.
20% — Development
50% — Marketing
20% — Stabilization fund
5% — Legal expenses
5% — Partnerships
copper member
Activity: 188
Merit: 0
What is the return on investment for investors for this project?


I will answer this with the quote from this article:

"A properly designed token sale doesn’t promise ‘investment returns’, ‘dividends’ or ‘profits’. Instead, it focuses on selling a digital asset that will have a clear use case in a decentralized application, as a means of both incentivizing development and solving the chicken-and-egg problem for the network. A properly designed token actually serves a purpose: it is required in order to participate in the network, rather than just being a funding mechanism."






Here are some thoughts to help you form your own prediction:

We issued only 1 billion tokens at $0.05. There will be no more tokens issued. The only way to pay each-other on the platform is by paying in gratz.   

The platform can be used by anybody with a cell phone. There are about 4.5 billion cellphone users in the world so the market potential is huge. Everybody can use a favor or two during their regular day and a lot of people would be happy to do favors for them in exchange for a cryptocurrency.

Gratzio has 20K users already registered in the first 3 weeks. This pace will only increase as we are raising funds now and are constantly expanding our exposure in every direction. The more users Gratzio will have - the more scarce tokens will become adding in value with every user who joins the platform. So right now you can buy tokens with 40% discount (pre-sale will end in 5 days) But in two months when GRAT token will hit the exchanges and people from US will also start buying tokens that they couldn't during the ITO?
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