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Topic: [Private IPO] VertPay - Vertcoin Payment Gateway (Read 2951 times)

full member
Activity: 176
Merit: 100
Ain't no party like a Counterparty!
Awww now I feel bad for deleting my message because I thought it was rude to compare your company to anothers...Thanks and i'm happy to keep things exciting and upbeat and support those I think will succeed Smiley
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
I envision a future when you guys are on this level of funding:
http://www.coindesk.com/bitpay-closes-30-million-funding-round-led-by-index-ventures/

You've been one of my favourite people here the last few days:) Thank you for keeping things upbeat and positive!
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
To get back to this. For those that missed it, over the past ~48 hours (from Saturday night our time) there's been a systemic attack of VertPay by smearing me and alluding that VertPay is a scam-by-association. While this is blatantly untrue, it would appear that the Vertcoin community as a whole either do not want this IPO to continue or are unsure and swing this way and that. Thus we have decided to shutter the IPO and switch VertPay back to the original focus on launching with several currencies.

You can read more about the decision here.

Those that are still interested in investing in their private capacity under similar terms to the IPO, please contact me via PM or using the details / form on the site. We will continue unabated and unstopped:)
hero member
Activity: 644
Merit: 500
Lol another IPO ? Well, good luck finding investors.

This is the securities sub-forum...where securities post details about things like, you know, IPOs...Smiley

Shush my child. Some people cannot read.

Ironically it got moved to the Altcoin Marketplace sub after saying that...c'est la vie:)

I feel no remorse for using Google to find out what that meant.

However, that's kind of strange to be honest. More strange how Stealthcoin doesn't realize what a IPO is. I wonder if he's ever going to find out.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
Lol another IPO ? Well, good luck finding investors.

This is the securities sub-forum...where securities post details about things like, you know, IPOs...Smiley

Shush my child. Some people cannot read.

Ironically it got moved to the Altcoin Marketplace sub after saying that...c'est la vie:)
hero member
Activity: 644
Merit: 500
Lol another IPO ? Well, good luck finding investors.

This is the securities sub-forum...where securities post details about things like, you know, IPOs...Smiley

Shush my child. Some people cannot read.
full member
Activity: 121
Merit: 100
what do i need to do to invest??
sr. member
Activity: 266
Merit: 250
I want to invest some verts in shares .
Please PM me with the details.
legendary
Activity: 882
Merit: 1001
wait to see!
hero member
Activity: 623
Merit: 501
I'm in for a small invest.  Wink
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
I plan to invest 100 vert with you guys when you open up the shares, is it possible to tell us your strategy to surpass your competitor payments processors like coinpayments.net and moolah.ch ?

Well we've shared some details of it in this thread and on the Vertcoin sub-reddit, but obviously there are a few key tricks we'll be keeping up our sleeve instead of handing our competitors all of our plans on a silver platter;)
full member
Activity: 176
Merit: 100
Ain't no party like a Counterparty!
I plan to invest 100 vert with you guys when you open up the shares, is it possible to tell us your strategy to surpass your competitor payments processors like coinpayments.net and moolah.ch ?
hero member
Activity: 602
Merit: 500
An interview with Riccardo is on today's Zero Fiat's Vertcoin Update, which provides a little bit more insight into our thinking and reasoning.

Here is a link straight to where the interview starts in the podcast: https://soundcloud.com/zerofiat/zero_fiats-vertcoin-update-05-06-2014#t=11:40

@superduh: did you see my answers to your questions above? Please do ask if you have anything further!

my bad i was looking at fluffypony's posts for the answers
newbie
Activity: 3
Merit: 0
An interview with Riccardo is on today's Zero Fiat's Vertcoin Update, which provides a little bit more insight into our thinking and reasoning.

Here is a link straight to where the interview starts in the podcast: https://soundcloud.com/zerofiat/zero_fiats-vertcoin-update-05-06-2014#t=11:40

@superduh: did you see my answers to your questions above? Please do ask if you have anything further!
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
Quote
Vertcoin received will immediately be converted to Bitcoin in order to be stored in a multi-signature wallet in order to prevent the misuse of invested funds by any person within the company
Hope to buy some cheap vtc from Your dumps and can You tell me which exchange You plan to use just to be aware of .


Ah sorry - that was updated on the site but not in the post; only part of it will be converted and put into the BTC multisig wallet; we have a working prototype of a VTC multisig wallet we're going to be using for the bulk of it:)

any plans on answering my valid questions?

They were answered by Peter ages ago:)

https://bitcointalksearch.org/topic/m.6551032
hero member
Activity: 602
Merit: 500
Quote
Vertcoin received will immediately be converted to Bitcoin in order to be stored in a multi-signature wallet in order to prevent the misuse of invested funds by any person within the company
Hope to buy some cheap vtc from Your dumps and can You tell me which exchange You plan to use just to be aware of .


Ah sorry - that was updated on the site but not in the post; only part of it will be converted and put into the BTC multisig wallet; we have a working prototype of a VTC multisig wallet we're going to be using for the bulk of it:)

any plans on answering my valid questions?
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
Quote
Vertcoin received will immediately be converted to Bitcoin in order to be stored in a multi-signature wallet in order to prevent the misuse of invested funds by any person within the company
Hope to buy some cheap vtc from Your dumps and can You tell me which exchange You plan to use just to be aware of .


Ah sorry - that was updated on the site but not in the post; only part of it will be converted and put into the BTC multisig wallet; we have a working prototype of a VTC multisig wallet we're going to be using for the bulk of it:)
member
Activity: 104
Merit: 10
Quote
Vertcoin received will immediately be converted to Bitcoin in order to be stored in a multi-signature wallet in order to prevent the misuse of invested funds by any person within the company
Hope to buy some cheap vtc from Your dumps and can You tell me which exchange You plan to use just to be aware of .
sr. member
Activity: 308
Merit: 250
So $200,000 USD at current rate for 20% of the company?

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy


lel

So seeing as you've demonstrated a wealth of knowledge in the valuation of startups, how would you value the company for the purposes of the IPO?

$1 million dollars of course.
donator
Activity: 1274
Merit: 1060
GetMonero.org / MyMonero.com
So $200,000 USD at current rate for 20% of the company?

 Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy Cheesy


lel

So seeing as you've demonstrated a wealth of knowledge in the valuation of startups, how would you value the company for the purposes of the IPO?
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