Topic: Will you guys use this in future? (Read 327 times)

Attention !

For those interested... whitelisting will start soon.
We have added a Flash Bonus of 50.000 extra coins for everyone who signs up before the Pre-ICO.
Bonus will be paid out with coins once you made minimum contribution.
That gives a chance for 175.000 C4Fs for just 0,05 Eth. 

Just sign up here

Have a great weekend

Of course we will use. Why not? Why give up the future. At least coins are very convenient to use and, at least, therefore, you should not give them up.

Thanks a lot, we have an experienced and strong team with long history in developing platforms and Apps.
Main question right now will be if we raise enough funds to allow sufficient marketing of the platform to reach critical mass of users.
If you like the idea, spread the word please.

Hope this is an interesting project and if it has good team with solid project background I'm sure this would succeed. The concept is good and if it starts the service as you said for jobs to be done from our area and payment could be done in their altcoin I would definitely adopt this scheme. Lets watch the execution of the project. All the very best.

Thanks, the coins will increase in value with every new user joining the Coins4Favors community and using them.
Economics 1o1: Supply is limited due to initial token generation setting the number of C4Fs available, the more people want to use them, the more they are worth 

For the potential:
Airbnb has created a $4 billion revenue business by enabling peer-to-peer rental service of rooms
Uber has created a $30 billion revenue business by enabling peer-to-peer driving services
What is the market size if you enable every service via a blockchain powered platform ? $100 Billion ? more ?
Everyone can have personal estimates, but it will be VERY large for sure.

Have a great day

I'm wondering if the project can be successful with too broad focus on small favors. Perhaps it would be better to launch the platform for small electrician gigs etc... So people actually know what they're using.

why not!!? if I do it, and this will be my main place of work, then yes, I will use it in the future! if in our country the Crypto currency becomes as developed as it is in Europe, then it will be good!

It is such a good thoughtsby using it in the future. Let us see when times come, a lot of study and proposal  in a platform many are got their opinions also our business man and our government  must be relate on these proposal. For me i would like this to use in the future.

Better we keep it for the future, because many countries still prohibit transactions using crypto, one of which is my country.
but I am sure that in the future it will be legal

If their coins will be worth a lot this project will be very successful. Cause I doubt that without big material motivation people from different parts of the world will help each other for some low-valuable tokens

Thanks for the feedback !

Yes, we have been thinking about turning our alpha version which is basically just a proof of concept (which we setup to convince ourselves it can be done before investing) into something that could serve as beta.
Airbnb makes a $4 billion revenue on just peer-to-peer room rentals, Uber makes $30 billion revenue on just peer-to-peer driving service, so having a cryptocurrency powered marketplace for just about every kind of peer-to-peer service is a huge potential for sure.
We’ll see how things go for the pre-sale whitelisting, so far response is quite positive, but a beta sure would convince those who despite public profiles of the team and a great idea still are not 100% convinced.
Biggest hurdle seems to be to get visibility these days with literally thousands of ICOs popping up, but mostly the 100th copy of an existing project. Here we are unique, wish us success

If it becomes beneficial as an idea, and trustworthy to the public then why not participate in someway. It certainly does sound like it will make things easy for the community. But perhaps an MVP or Beta is needed?!

Just watched the video, the idea is great. I think people will definitely will use this platform, especially when people will get drunk LOL.  Or when you go on vocation, it is very useful! As you always forget something little back at home! On other hand it's a new idea, that will bring ages for people to adopt to it and to use this kind of service, you need to trust the person, who will do the task for you, even though he will get rewarded! What if he misunderstood the task or the criminals will use this service! Well we have to see how it works, idea is great though   

This sounds interesting. I need to look into project and technology they are using. I guess if my country legalize blockchain this coin will be very beneficial.

Actually, all crypto enthusiasts are not contented on what they have today, they want a great development in the future, and it is really better for us also to have more development and improvement, but we cannot assure that it is truly happened in the future, that is only a group of speculation and prediction. And until now, no one can give a total statement about the founder of all crypto, crypto creator are remain silent, but it is a better way for them to have a safety life living.

All of us are having different ideas and speculation about all kinds of crypto-currencies, we are only predicted on what future things to be happened. But as long as all crypto are not legally implemented by governments assistants and remain all crypto-currencies stay in a mysterious creator, our speculation and prediction are really there, because no one can conclude the exact statement of what is the future happenings of all crypto business except the creator.

If coins4favof prove itself to be useful and reliable why not,every coins has its specialty and offers service the only problem is as time passes they are slowly fading and after will gone,with no concerns to the investors and the sympathizer of the project,and sometimes completely vanished just like that.so prove your service and lets see soon what will be the communities verdicts

Excellent !
Yes, students are a key target group for the platform. They can make easy money by offering small services.
Wish I had that during my study times
We are going to add a FAQ section, in adfition to the telegram channel where people can ask questions, too.

Thanks and have a great day

Thanks for asking. There are three reasons we need a new token:
1) We focus on mini-jobs and favors in remote places, so you need to be able to pay the service provider quickly and without high wiring fees, etc. as the mini-jobs are small amounts.
Example: if you want someone in your next vacation destination to check if there are vegetarian dishes on the menu of the local restaurants, you will offer something like $5. If you need to wire them to someone there and pay $30 wiring fee it kills the deal.

2) if you order a service somewhere without seeing or knowing the service provider, both parties need to be sure the compensation is there. We offer an eacrow service in our smart contract. Once you order a service, the agreed amount of coins is licked in an escrow. Once job is done you can release them, but you cannot get them back (unless the person you hired agrees). In case of disputes over a service independent jurors will review the case

3) to make the platform successful we need a global reach with plenty of users everywhere. That way if you need a service your chance to find someone to provide it is much higher.
We plan to partner with messenging app providers to boost users, but first we need a lot of marketing to make the platform a success and drive value of the C4Fs up. An ICO is a fund raising method to allow us to complete development and do sufficient marketing.

Thanks and have a great day

Although I might use this platform, because it's a great idea, but I want to know what's the connection between this and the blockchain? Why do you need to issue a new token, rather than a platform to help shopping?

Seems to be a nice idea. It’s entirely possible that many people will use it in the future, I guess it will gain popularity among students and young people in general. A small remark: that would be nice if you have FAQ page on your website to collect main questions and answers in one place.

Although this is advertising, but I definitely liked the professional website, the idea and the real team. Many are working to introduce into our lives payment with various virtual coins. If this is implemented by someone, then it will be uniquely successful.

I think all will depend on marketing , if more people will use it like fiverr then it can bloom, if traffic will be low then nobody will know it and there is no point to use it.

Yes me too. As long as it is useful and more helpful for the future then why not right? I guess it will be more useful because many people continues to believe this kind of transaction. I will use it for the future because I know this will help many people and it is too safe also to work on.

Good concept with regards to favor please.
Coins4favors is another project to enhance the ability of another through favor, then favor coin is guaranteed.

Yes, as long as i need this, i'll use it.
It really helps me a lot since i benefit so much from here. Its a good sign that i profit in just investing my time and effort.
The best part with this is that i dont have to release money, even if it is a scam, i am safe.
i just have to be aware of scammers out there.

Sorry to hear this. Would you mind to explain what specifically you dont find conclusive ?
Not trying to change your opinion, just trying to see what we can improve to give a more transparent outlook.
The key criteria for success will be market penetration / user count. That’s why we have ambitious plans on growing market size after the ICO.
Part of it is marketing (thus the biggest chunk of the ICO funds goes there), part is strategic partnerships with existing app platforms such as WhatsApp or Line, etc.
If we could integrate Coins4Favors with a major messaging app, we gain hundreds of millions of users over nite.

Thanks for the feedback

The idea of the project is quite good and useful, but after looking at the project roadmap I feel I'm not confident enough to invest in the project (of course this is my personal opinion). Maybe I will spend more time to learn more about this project information

The only constant thing in life is change, if this is going to really help, why won't use it.

Thanks so much, we are convinced that creating a global market for minijobs is a great potential.
Look at what Uber and Airbnb were able to do by connecting people in the Sharing economy, where people can be user or provider of a service. That market is $20 billion already and mostly just those two areas: transportation and lidging.
With Coins4Favors you open up a peer-to-peer market for anything.
With number of users scaling up and more and more transactions happening the value of a Favorcoin will only go up... good to be in early

Time will come this will happen because it will be suitable and can be use by other country. Everyday it has a new disovery and improvement from time to time. And knowing that Blockchain tevhnology to GPS is literally an amazing that anyone can be used.

Thanks for the feedback and the good wishes 

Innovation starts with an idea! Whether research or promotion, I personally love the concept and wish its creators and promoters all the success, as it is a user-based facility that simplifies life, saving both time, energy and resources.

Thanks for the comment.
Interesting, the Whitepaper clearly states why we need the blockchain technology for Coins4Favors and how it solves 5 problems using this on page 9.

Small favors and mini-jobs in remote areas require you to be able to pay regardless of the currency and with minimum overhead costs.
If the favor costs you $5 (equivalent), users don't want to pay $20 in wiring fees if it goes to another country.
The favors will not be standardized like Uber or Airbnb does, therefore you are looking at peer-to-peer services, not a central payment system.
Private people cannot charge credit cards, so you are in need of a fast and reliable cheap way to compensate people around the world regardless of local currency.
Blockchain technology offers just that, plus it allows for an escrow service built into the smart contract, so the person being asked to perform a favor knows the compensation is secured for him in an escrow. Disputes between a favor seeker and a favor provider can be settled by independent jurors, etc.

Of course, raising money is part of the ICO, that is the very purpose.
In order to make the system successful the number one thing is market penetration. We need enough users everywhere, so that if you are looking for a favor there is enough people who are willing to provide favors. Therefore the biggest portion of the ICO funds will be used to market the system, followed by funding the further development of our alpha version into a commercial app and platform.

Let us know if you have any further questions
Your Coins4Favors Team

This is really something new and interesting , but in my country such technologies will not be soon, and generally they can not be. Our deputies have purchased crypto-currency, already a long time ago, and it's no use to enter and legalize transactions with crypto currency or any other transactions, so for now we are waiting. I would like to work for them in the company's bounty.

Although I have read the white paper on this project, I still don't know what the ICO project is related to the block chain.
Or just need to raise money?

Already there is similar projects working, when some people buying you something in another country. Why do you need blockchain here? I would be using such project but you need to fight with existing ones.  This is just my IMHO and in crypto, all depend on what exchange it will be and marketing team)

Hello and thanks for your good and valid question.

There are three reasons we want to issue a FavorCoin instead of using an existing coin.

1) Value/Cost of a coin
We focus on very small jobs and favors, which will cost you the equivalent of maybe $5 to $20.
If you look at Ether, etc. the value is meanwhile so high, that a favor of that size would cost 0.0058 Eth.
Not very practical.
Therefore we need a coin which can appreciate in value vs. ICO but remain practical for the targeted market.
You will get 125,000 FavorCoins for 0,05 Eth during the Pre-ICO week 1 (incl. 25% bonus) and 100,000 C4F for 0,05 Eth during ICO.
If the value of FavorCoins in the long run would be $0.01 (speculative !) you can still order a normal small favor for 500 FavorCoins while the value of your 125,000 Favorcoins vs. ICO has gone up 2900% from $42,50
(based on 850USD/Eth) to $1250.

2) Funding of Marketing & Development
We want to raise the funding to develop and market the Coins4Favors system. That is why we need the revenue from the ICO.
A system like this only works if you have enough users across the world, so if someone looks for a favor somewhere there are enough Coins4Favors users that can provide that favor or mini-job.
Key to achieve this is marketing, marketing and marketing of the App and the Coins4Favors system.
If you check our webpage and the whitepaper, we outline the use of the ICO proceeds and explain why we use most of the money raised for marketing (40%). It will be very difficult to reach global coverage without sufficient marketing over a longer period of time.

3)Branding and Value Increase
Branding of the Coins4Favors system and control of it's valuation with a dedicated token is the third reason.
With the Coins4Favors token we have a token that has a dedicated use platform. This allows us to drive the value of the token up by simply scaling up the user base, driving up our market coverage.
If we use another existing coin, the value of the coin will fluctuate a lot as seen in recent weeks. Maybe some coins even fail in the long run.
This can influence the value of FavorCoins and make the placement and valuation of favors difficult in the system. Therefore we chose a dedicated token for our platform.

I hope this makes sense, please let me know if you want to discuss further.

Your Coins4Favors Team

quote author=auliahr link=topic=2931005.msg30107530#msg30107530 date=1518399457]
a very interesting thing for me is the innovative system combines blockchain technology with GPS based location services. but can 4favor service be used all the country?
[/quote]

Happy to hear you like the idea.
Yes, it can be used everywhere. All you need is a smartphone with internet access and the Coins4Favors app on it.

You post the favor request in the app and specify where you need it done, the app informs other Coins4Favors users in the area where you need it.
Once someone accepts your request (maybe after proposing a different amount if Favorcoins) and you accept the person as the provider of your service, the system moves the number of FavorCoins that you agreed on into an escrow.

As soon as the person did the favor you requested and send you the information/pictures, etc. you agreed on, you can accept the job as completed and the coins are transferred to the persons wallet.
So it works everywhere in the world.

We plan to list the FavorCoin in all major exchange platforms, so the person that did the favor can use the Coins to get other people do him a favor or exchange them to other coins.

For more details, please check our Webpage at www.c4f.io or www.coins4favors.com
Any questions, let us know 

Thanks and have a great day
Your Coins4Favors team

hmm. very interesting project. who will tell how this idea will be realized in the world market and in what countries will this project really function?

anything can happen in the future for the new coin a lot of new coin is evolving and the new coin will be good in the future when they have a great team and developer and in balance with the existing road map.

If it becomes popular, reliable and trustworthy, I will use it but my country is difficult to use because it has not been fully inaugurated by the government as a means of payment or transaction, I hope in the future the government will formalize it.

Actually, I do not understand why those projects want to issue a new coin.
If you just pay for it, why not use the existing coins on the market now, such as Litecoin, DASH, etc..
These coins have many supporters, you can save a lot of promotion.

Actually, I will simply tell you to watch this video https://www.youtube.com/watch?v=EXquipYf7xk&feature=youtu.be

After watching, I doubt you will need to ask much at all. Although if you still want to ask then I am all yours!

I like how you simply advertise and I don't consider this as a shitpost at all. I briefly visited the website and, correct me if I'm wrong, the coin or token (quiet not sure, didn't read much) aims to make microtransactions possible? I would definitely like to use this if so especially now that BTC's transaction fee is high.

a very interesting thing for me is the innovative system combines blockchain technology with GPS based location services. but can 4favor service be used all the country?

Yes I will use it. If it becomes popular, reliable and trustworthy, then I will use it and everyone will use it. So this is good thing and needed too, but if it’s successful then only it will mean something.

I am trying the Bounty program, so let see how good this is!

everything may happen in the future but for now my country is difficult to use because it has not been fully inaugurated by the government as a means of payment or transaction, but for the future will certainly happen I am sure it

Mostly whenever we need something that is out of the country or out of the city, it is done through friends or relatives, as we basically request them that please do this for me or do that.

Mostly it is about bringing something like electric items or even famous food or basically those stuff. Often, there is urgent requirement of money when we are outside the country, so we request it from friend and all that.

All this takes SO LONG, but this thing called Coins4Favors is cutting it all in short with their concept that is based upon just this. With their platform, it will give us the option to locate people from that area where our work is to be done and we simply hire them which is kind of mini-job and pay them via Favorscoin (name of Coins4Favors token).

It is going to start the presale from 1st March, so still time. Will you use something like this in future? I certainly believe this is a brilliant thing and I will certainly use it. What do you guys think?

http://coins4favors.com/

They have this video that explains everything https://www.youtube.com/watch?v=EXquipYf7xk&feature=youtu.be