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21  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Double Bonus for Early Supporters | fyrus.pro | Public Pre-sale! on: July 18, 2018, 06:39:16 PM
Interesting idea, with this kind of project will make shopping for everyday need  will be a lot more easy.
I think many peoples will be happy with this.

Thank you, we're glad you think so.
22  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Double Bonus for Early Supporters | fyrus.pro | Public Pre-sale! on: July 18, 2018, 06:35:25 PM
The project is really interesting with clear objectives and transparent information, I see coin sales information is very interesting with total limited supply of coins, the minimum investment in the ICO is how much?

Hey there, thank you for your interest. The minimum invest is 500 FYR, which would be 0.1 ETH. Currently the Public Token Pre-Sale is ongoing so you will get the 50% as a early supporter, 0.1 ETH will get you 750 FYR
23  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 💰[BOUNTY]🔥Fyrus Pro, Chinese translators needed PM me🔥Bonus $500 first week💰 on: July 18, 2018, 06:07:18 PM
Looking for more translators and non-English speakers who manage social media groups! Those that are chosen already please begin your translations! My PMs are limited so I could not contact all!

Check this excel sheet: https://docs.google.com/spreadsheets/d/1YJAt6XXXVMYNT_Mo-rLolSliloQzJu2odbKOjLh0qN8/edit?usp=sharing
24  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Double Bonus for Early Supporters | fyrus.pro | Public Pre-sale! on: July 18, 2018, 05:52:17 PM
Public Token Pre-sale is now open! No more invitation codes are needed, just sign up an account and you're good to go!
25  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 💰[BOUNTY]🔥Fyrus Pro, Chinese translators needed PM me🔥Bonus $500 first week💰 on: July 18, 2018, 05:16:38 AM
Our token pre-sale has begun! To reward early supporters and anyone who is willing to help us use and test the dashboard, we are doubling our bonus to 50% only for the pre-sale. More details here.
26  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 💰[BOUNTY]🔥Fyrus Pro, Chinese translators needed PM me🔥Bonus $500 first week💰 on: July 17, 2018, 05:52:23 PM
Any non-English speakers willing to help us promote in their non-English chat groups please contact us @fyrusofficial on telegram or PM (however my PM is limited)
You are eligible for our special partners program!
27  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Demo now LIVE | Airdrops Now LIVE | https://fyrus.pro on: July 16, 2018, 10:16:47 PM
because the project is still relatively new, its information is incomplete for this project, please the theme explain in detail about the project, because I also interested to participate. I will wait for his latest news

Hey there, thank you for your interest. The updated site for the main Public Token Sale event will be up soon, take a look to see if you can find what you are looking for.
28  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 💰[BOUNTY]🔥Fyrus Pro, First Community Driven Exchange🔥Bonus $500 first week💰 on: July 16, 2018, 09:55:40 PM
Quick announcement, our Public Token Sale will begin this Wednesday, more information in ANN thread.
29  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Demo now LIVE | Airdrops Now LIVE | https://fyrus.pro on: July 16, 2018, 09:48:35 PM
How do you plan to have sustainable volume,
and what is procedure for new coins to be listed ?

Is there any FAQ, instructions or fees ?

Website is also missing more information and links,
and that is something I would like to see also,
as well as whitepaper.

Sorry for the long delay, we are currently preparing for the main public token sale launch.

By sustainable volume do you mean how we intend to stay competitive such that traders will trade on our platform? Or do you mean providing liquidity for tokens and coins?

As for the procedure to list new coins, they would be put through multiple levels of checks. This may include interviewing the project's team, getting the community to discuss about the project in a public thread like this one. New coins would also have to pass a set of fraud prevention standards that was drawn from the collective experience of our team and other recognized experts. We intend to be a strong first line of defense to ensure that any malicious or Pump and Dump coins do not get listed.

Only after the new coins get green lit by both the community and us do we move on the voting process.

As for fees, if you meant fees of the platform, it would be around 0.1% ~ 0.05%, with the exact value being finalized nearing the platform's launch date.

I am not sure what you mean by FAQ, instructions or more information and links? Do let us know in detail what you would like to know.
We will be updating our site soon for the main launch, do take a look to see if you find the information you seek then.

30  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 💰[BOUNTY] USD$5.4 Million 🔥 Fyrus Pro Exchange 🔥 Bonus $500 for first week 💰 on: July 16, 2018, 08:06:47 PM
Now looking for individuals who owns or are part of a chat group (such as telegram, wechat, etc..) and would like to be our community leader for that group to spread hype and news please contact us on telegram @fyrusofficial!
31  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 💰[BOUNTY] USD$5.4 Million 🔥 Fyrus Pro Exchange 🔥 Bonus $500 for first week 💰 on: July 16, 2018, 04:50:17 PM
Welcome all new users! Be sure to register yourself so we can track your progress.

All translation related services will begin soon, the documents to be translated are being prepared to smooth the process of translation + verification.
32  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 💰[BOUNTY] USD$5.4 Million 🔥 Fyrus Pro Exchange 🔥 Bonus $500 for first week 💰 on: July 16, 2018, 05:45:15 AM

Week #1
Telegram: @Nekopoii

Checkin:
1. 16/07


Welcome new participants, don't forget to fill up the registration form so can link you to your weekly progress and award you your stake accordingly!
33  Alternate cryptocurrencies / Bounties (Altcoins) / Re: [BOUNTY] USD$ 5.4 Million for the community | Fyrus Exchange | 11 Weeks on: July 16, 2018, 03:34:24 AM
Thank you for the enthusiasm, please give me 24 hours to prepare the necessary excel sheets for you guys.
34  Alternate cryptocurrencies / Bounties (Altcoins) / 💰[BOUNTY]🔥Fyrus exchange | Trade now! Earn FYR 🔥 Live-Beta UP! 💰 on: July 16, 2018, 03:21:06 AM
Fyrus Bounty Program

Live beta is now UP! Come trade with us @ https://fyrus.pro

Please note that only content creation bounties qualify you for our Genesis whitelisted mining event: BLOCK-0!


Announcements
Now looking for community leaders, any one who owns a chat group (telegram, wechat, etc..) and is interested in helping us spread the hype within the groups, please contact us on telegram @fyrusofficial.
Added signature campaign, combined videos,articles and any form of content creation into the same campaign, Added whitepaper, removed website for translation.

Fyrus is an upcoming exchange platform that is centered around its community. The platform features low fees, a fair listing method for all tokens, decentralized governance, free deposits and withdrawal among other benefits. For more information please visit one of the links below.



::: Details :::

Important instructions:
Please fill up the following registration form with your details to register for bounty programs. Enter your ERC20 Address carefully! You only need to do this once, for each week's reporting you need to follow each campaign's instruction and fill up the respective forms weekly!
Do not put your profile links in the reporting forms, put the link to the post of your report in this thread!




Bounty Token distribution

Total amount of tokens: 60,000,000 FYR

Twitter Campaign: 15%
Facebook Campaign: 10%
Telegram Campaign: 10%
Content Creation Campaign: 25%
Signature Campaign: 25%
Translation Campaign: 8%
Special: 7%


Duration

The bounty campaigns will require participation on a weekly basis. The following are the 11 weeks during which the bounty program is active.

Time will be in UTC time, i.e. Week 1 begins 16 July 2018, 00:00 AM UTC; ends 23 July 2018, 00:00 AM UTC
Please post your updates/reports before the stated end time of each week.

Week 1 : 16 July ~ 22 July
Week 2 : 23 July ~ 29 July
Week 3 : 30 July ~ 5 Aug
Week 4 : 6 Aug ~ 12 Aug
Week 5 : 13 Aug ~ 19 Aug
Week 6 : 20 Aug ~ 26 Aug
Week 7 : 27 Aug ~ 2 Sep
Week 8 : 3 Sep ~ 9 Sep
Week 9 : 10 Sep ~ 16 Sep
Week 10 : 17 Sep ~ 23 Sep
Week 11 : 24 Sep ~ 30 Sep

General Rules
Participants that violate any rule can be removed from the program without warning.
1. All links posted must be public and available to be verified at the end of the Bounty Program.
2. To participation in any campaign please join our main Telegram, any inquiries related to this bounty program please contact us HERE instead.
3. Under no circumstances are you allowed to represent Fyrus nor make remarks that could defame other brands, individuals and Fyrus.
4. Only enter the each campaign with a single account.
5. You will be awarded stakes for participating per week, tokens will be awarded in proportion to the amount of stake you hold for each campaign.


::: Campaigns :::


---------------------------------->Twitter<----------------------------------
15% | 9,000,000 FYR

Campaign Specific Rules
At least 200 real followers; public profile; 5 tweets + 3 retweets per week
Account must have at least 85% real followers. Twitter Audit
Account must be active. Fake, dead, inactive and bot accounts will be disqualified.

How To Participate
1. Join our telegram as mentioned before.
2. Follow our twitter.
3. Retweet our newest tweet at least 3 times a week, you cannot retweet the same tweet more than once, but one should be our pinned tweet.
4. Craft a tweet yourself at least 5 times a week which must include #Fyrus, #ICO, #Blockchain, #Crypto.
5. Maximum of 10 tweets from yourself and 5 retweets of our tweets.


Compaign Scoring Each Week
Number of Followers                  Stakes/Actions
          200-499                                        20
          500-999                                        50
        1000-2499                                      100
        2500-4999                                      175
        5000-9999                                      250
      10000-14999                                    325
           15000+                                       400

Minimum interval between your tweets 10 hours


Compaign Reporting
1. Please report in the following manner in this thread:
--------------------------------------------------------------------------------------
Week #
Twitter

Tweets
1.
2.
3.
4.
5.

Retweets
1.
2.
3.
--------------------------------------------------------------------------------------
2. Complete this google form, take note of your post url and submit that in the form



---------------------------------->Facebook<----------------------------------
10% | 6,000,000 FYR

Campaign Specific Rules
At least 250 friends
Participant profile must be public.
At least 3 posts a week to qualify

How To Participate
1. Join our telegram as mentioned before.
2. Post on your own Facebook page about the Fyrus exchange, it could be benefits, tweets, news, anything so long as it is positive, includes a link to one of our other social media, such as twitter.
3. Maximum 10 posts a week.

Compaign Scoring Each Week
Friends                                   Stakes/Action
250-499                                         50
500-1499                                       100
1500-2999                                     150
3000+                                           250


Compaign Reporting
1. Please report in the following manner in this thread:
--------------------------------------------------------------------------------------
Week #
Facebook

Links
1.
2.
--------------------------------------------------------------------------------------
2. Complete this google form, take note of your post url and submit that in the form




---------------------------------->Telegram<----------------------------------
10% | 6,000,000 FYR

Campaign Specific Rules
Profile with picture
No advertising of other ICOs
No offensive usernames
Your participation in the chat should not be just saying "Hello"
Actively engage conversation with others or it will not count!

How To Participate
1. Join our telegram as mentioned before.
2. Be active on at least 3 days of the week, communicating with other users, help us spread the hype!

Compaign Scoring Each Week
50 stake / week active


Compaign Reporting
1. Please report in the following manner in this thread:
--------------------------------------------------------------------------------------
Week #
Telegram

@<your handle here> Checking in!
--------------------------------------------------------------------------------------
2. Complete this google form, take note of your post url and submit that in the form


-------------------------->Content Creation<--------------------------
25% | 15,000,000 FYR


>>>Misc<<<
Campaign Specific Rules
GO NUTS

How To Participate
1. Join our telegram as mentioned before.
2. Make a GIF, MEME, Short Video, Poster, Art and Crafts
3. Post on popular social media: Reddit, Facebook, Instagram, Tik Tok, etc...

Compaign Scoring Each Week
Action                                        Stakes
Low quality submission                   5
Medium quality submission             15
High quality submission                  50

Go nuts with your creativity! Show us anything cool you made for us!
If you need ideas, try the following:
> Can you explain our BLOCK-0 Mining Event?
 》 How much will be given out?
 》 How do you get whitelisted?
> Can you explain our Voting+ listing model?
> Can you explain our InvoMine token distribution model?
> Can you explain our Practice and Live beta details?


Compaign Reporting
1. Please report in the following manner in this thread:
--------------------------------------------------------------------------------------
Week #
Misc

Links
1.
2.
--------------------------------------------------------------------------------------
2. Complete this google form, take note of your post url and submit that in the form



>>>Article<<<
Campaign Specific Rules
At least 500 words; Value adding content; include 1 link to ANN thread, 1 link to our website, 1 link to your own bitcointalk profile.
Orignal content only
In your own native language is fine, but no auto-translates of existing articles.
We only accept articles posted to sites that have a dedicated section to cryptocurrency.

How To Participate
1. Join our telegram as mentioned before.
2. Write an article that show cases the value of our project, how it fits into the crypto exchange market right now, and generally other benefits of our project
3. Maximum of 10 articles a week.

Compaign Scoring Each Week
Action                                        Stakes
Low quality submission                   7.5
Medium quality submission             30
High quality submission                  150

Articles that contains accurate and highly technical analysis of the current crypto space, and pinpoints arguments in our favor can receive bonus multipliers on their stakes. However, due to the subjective nature of this bonus, we cannot guarantee your efforts will be necessarily rewarded with a bonus multiplier. You will be rewarded the base stake so long as we approved your article.


Compaign Reporting
1. Please report in the following manner in this thread:
--------------------------------------------------------------------------------------
Week #
Article

Links
1.
2.
--------------------------------------------------------------------------------------
2. Complete this google form, take note of your post url and submit that in the form


>>>Video<<<

Campaign Specific Rules
At least 2 minutes; Value adding content; include 1 link to ANN thread, 1 link to our website, 1 link to your own bitcointalk profile in the description
No voice over = 50% of stake only
Orignal content only
In your own native language is fine
Post it on popular video platforms: youtube, vimeo, facebook etc...
To count for each week, the videos released that week must add up to 100 views at the minimum. You have until the end of the entire bounty program to get enough.

How To Participate
1. Join our telegram as mentioned before.
2. Produce a video that show cases the value of our project, how it fits into the crypto exchange market right now, and generally other benefits of our project
3. Maximum of 5 videos a week.

Compaign Scoring Each Week
Subscribers                                Stakes
100+                                             50
500+                                             75
1k+                                               100
5k+                                               150
10k+                                             250
25k+                                             350



Compaign Reporting
1. Please report in the following manner in this thread:
--------------------------------------------------------------------------------------
Week #
Video

Links
1.
2.
--------------------------------------------------------------------------------------
2. Complete this google form, take note of your post url and submit that in the form


---------------------------------->Signature<----------------------------------
25% | 15,000,000 FYR

Campaign Specific Rules
No profiles with Negative trust
No Multiple signatures
No Posts in Boards: Politics and Society, Off-topic, Archival, Auctions, Lending, Beginners and help
No Spam, abuse, insults
At least 10 posts each week during the campaign
Posts in alternate cryptocurrencies section is required
Posts in any bounty thread will not count
No spam. Users found spamming will be permanently disqualified and banned from any other bounty campaign

How To Participate
1. Join our telegram as mentioned before.
2. Select your signature


Jr Member

Fyrus   ●●●●●●●   FYRUS PRO EXCHANGE - EARN COINS FOR TRADING   ●●●●●●●   Fyrus  
█▐ BLOCK-0 Mining Event ▌█


Code:
[center][u]Fyrus[/u]   ●●●●●●●   FYRUS PRO EXCHANGE - EARN COINS FOR TRADING   ●●●●●●●   [u]Fyrus[/u]  
█▐ BLOCK-0 Mining Event ▌█[/center]

Member

Fyrus   ●●●●●●●   FYRUS PRO EXCHANGE - EARN COINS FOR TRADING  ●●●●●●●   Fyrus  
█▐ /2mwrDCx]BLOCK-0 Mining Event★ Join us for our Genesis! ★ Now in Open-Beta ▌█
WHITEPAPERTWITTERTELEGRAMANN THREADBOUNTY THREAD


Code:
[center][u][url=https://fyrus.pro/]Fyrus[/url][/u]   ●●●●●●●   FYRUS PRO EXCHANGE - EARN COINS FOR TRADING  ●●●●●●●   [u][url=https://fyrus.pro/]Fyrus[/url][/u]  
█▐ [url=https://[Suspicious link removed]/2mwrDCx]BLOCK-0 Mining Event[/url]★ Join us for our Genesis! ★ [url=https://fyrus.pro]Now in Open-Beta[/url] ▌█
[url=https://fyrus.pro/static/fyrus-whitepaper.pdf]WHITEPAPER[/url] ● [url=https://twitter.com/FyrusOfficial]TWITTER[/url] ● [url=https://t.me/FyrusOfficialChat]TELEGRAM[/url] ● [url=https://bitcointalk.org/index.php?topic=4651737]ANN THREAD[/url] ● [url=https://bitcointalk.org/index.php?topic=4683669]BOUNTY THREAD[/url][/center]


Full Member

Fyrus     FYRUS PRO EXCHANGE - EARN COINS FOR TRADING     Fyrus
BLOCK-0 Mining Event  / Join us for our Genesis / Now in Open-Beta
WHITEPAPER TWITTER TELEGRAM ANN THREAD BOUNTY THREAD


Code:
[center][u][b][url=https://fyrus.pro/][color=#180030]Fyrus[/color][/url][/b][/u]   [color=#00a8ff]●[/color][color=#9c88ff]●[/color][color=#fbc531]●[/color][color=#4cd137]●[/color][color=#487eb0]●[/color][color=#e84118]●[/color][color=#8c7ae6]●[/color]   [color=#ea579e][b]FYRUS PRO EXCHANGE - EARN COINS FOR TRADING[/b][/color]  [color=#00a8ff]●[/color][color=#9c88ff]●[/color][color=#fbc531]●[/color][color=#4cd137]●[/color][color=#487eb0]●[/color][color=#e84118]●[/color][color=#8c7ae6]●[/color]   [u][b][url=https://fyrus.pro/][color=#180030]Fyrus[/color][/url][/b][/u]
[url=https://fyrus.pro/][color=#180030]█[color=#00a8ff]▐[/color] [color=#ea579e][b][color=#180030]★[/color] BLOCK-0 [color=#180030]Mining Event[/color]  / [/b][/color][color=#ea579e][b][color=#180030]Join us for our [/color]Genesis / [color=#180030]Now in[/color] Open-Beta [/b][/color] ★ [color=#00a8ff]▌[/color][color=#180030]█[/color][/url]
[b][color=#180030][url=https://fyrus.pro/static/fyrus-whitepaper.pdf]WHITEPAPER[/url] [color=#00a8ff]●[/color] [url=https://twitter.com/FyrusOfficial]TWITTER[/url] [color=#00a8ff]●[/color] [url=https://t.me/FyrusOfficialChat]TELEGRAM[/url] [color=#00a8ff]●[/color] [url=https://bitcointalk.org/index.php?topic=4651737]ANN THREAD[/url] [color=#00a8ff]●[/color] [url=https://bitcointalk.org/index.php?topic=4683669]BOUNTY THREAD[/url][/color][/b][/center]


Problems posting Sr. Member and Hero/Legendary
Please refer to this post instead: https://bitcointalk.org/index.php?topic=4683669.msg42750643#msg42750643

Compaign Scoring Each Week
Junior Members: 2 stakes/week
Members: 4 stakes/week
Senior/Full Members: 8 stakes/week
Legendary/Hero: 16 stakes/week

Compaign Reporting
1. Please report in the following manner in this thread:
--------------------------------------------------------------------------------------
Week #
Signature

Checking in!
--------------------------------------------------------------------------------------
2. Complete this google form, take note of your post url and submit that in the form


---------------------------------->Translation<----------------------------------
8% | 4,800,000 FYR

Compaign Scoring
Translate                                Stakes
ANN                                           100
Bounty                                       175
Website                                      175
Whitepaper                                 450
For ANN and bounty, simply translate the thread and post it to the relevant sub forums, for Website and Whitepaper, please make a copy of the documents (click on the blue link above), translate it and send the link via the form below.

Website is being updated to the Beta version, those that have already translated it will still count.

Selected translators will be contacted via PM. Once Done please complete this google form.


---------------------------------->Special<----------------------------------
7% | 4,200,000 FYR

Special campaign is for those who could provide for marketing or building hype (or events of similar idea) via means that is not listed in this main post. This could including anything from helping us get listed on exclusive ICO listing sites; helping us spread our news into exclusive groups / groups of a different language. Feel free to contact us here in this thread, it will be monitored regularly. We will get in touch.


If you manage a chat group (such as telegram, wechat, etc..) and is interested to be our community leader within the group, please contact us. Bonus for non-English groups!

Campaign Specific Rules
Must be active groups, you will be posting news or talking about Fyrus, generally getting others to know about us.
Must be active participant of the group, be active 4 out of 7 days.
Our account / a bot will have to be added to monitor the progress to award stakes accordingly.

Compaign Scoring Each Week
Stakes will be awarded according to the size of the chats + how active it is.


::: Disclaimer :::

  • We reserve all rights to remove individuals who did not follow the rules set out for each campaign or are deemed cheating/acted in ways that could tarnish our reputation.
  • Our decisions are final and we reserve the rights to change any information related to this Bounty program.
  • Tokens will be distributed after the conclusion of our public distribution event.
  • By participating you agree to our terms.





35  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Demo now LIVE | Airdrops Now LIVE | https://fyrus.pro on: July 15, 2018, 10:02:12 PM
I have completed the airdrop, but I still do not understand for me to get the token, where I can put the wallet to receive the token?

Thank you for participating.
More instructions will be sent to your email nearing the end of the airdrop event.
36  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Demo now LIVE | Airdrops Now LIVE | https://fyrus.pro on: July 15, 2018, 02:36:38 PM
as soon as I can join the list can be additional commissions Grin Grin

Thank you for your interest but I'm not quite sure what you meant there.
37  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Demo now LIVE | Free Tokens giveaways | https://fyrus.pro on: July 15, 2018, 06:09:13 AM
Nice one, I particularly like this idea "
Listing new coins on the exchange will require a voting process. Unlike other exchanges, alt coins do not have to be in the top few spots to be listed. A threshold will be determined for each round of voting and any coins with enough votes past the threshold will be listed". I also believe it will help other smaller alts in the crypto spaces.

Thank you for the feedback  Cheesy
38  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Demo now LIVE | Free Tokens giveaways | https://fyrus.pro on: July 15, 2018, 04:09:25 AM

And will it be the same for either market takers and makers?

I'd also like to discuss about your listing mechanism, as convenience as it is for new tokens and coins to be listed merely by votes and by neglecting previous daily volume, it emerges new possible problems to today's crypto situation where ICOs are coming like wild fire. We can assume that PnD (or maybe we should establish a new term called RnA for Raise-and-Abandon) project to ask for their community to vote, or even promising some bounty to vote on your platform so they can get listed, pumped the price, then dump and abandon the entire project soon after. Which leave you with non-functioning coins on your exchange. Solution?

Sorry for the delay.
--snip--


I would agree that costing some projects millions of dollar just to be listed is quite unfair as there are lots of micro-project that worth attention but didn't manage to survive due to lack of exchanges for their coin.

Anyway, doesn't an exchange needs certain liquidity, like as a last-reservoir in case of huge loss or account hack or anything else that would be used to reimburse users' fund? I really don't know about this detail, but if I am correct that an exchange need this, will this fund collected from your coin sale?


Yes, that is correct. A portion of the collected funds will be set aside to provide for liquidity, and another will be designated the exchange reserve fund.
39  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Demo now LIVE | Free Tokens giveaways | https://fyrus.pro on: July 15, 2018, 03:17:43 AM
How low is this... low transaction fee? I don't get why should this low tx fee become a selling point if at the end of the transaction, most of the paid fee will return to out wallet anyway.


Transaction fees will be between 0.1 % ~ 0.05 %.

Yup, I do agree that low transaction fees is a minor selling point. Our goal is to ensure that traders like yourself pay the lowest possible fee, though unfortunately at this stage, there are certain variable costs that are finalized at the end of the transaction. Which is why we have to collect the fees first, and rebate any excess afterwards.


And will it be the same for either market takers and makers?

I'd also like to discuss about your listing mechanism, as convenience as it is for new tokens and coins to be listed merely by votes and by neglecting previous daily volume, it emerges new possible problems to today's crypto situation where ICOs are coming like wild fire. We can assume that PnD (or maybe we should establish a new term called RnA for Raise-and-Abandon) project to ask for their community to vote, or even promising some bounty to vote on your platform so they can get listed, pumped the price, then dump and abandon the entire project soon after. Which leave you with non-functioning coins on your exchange. Solution?

Sorry for the delay.

That would be the market taker price. As for makers will be determined closer to the actual launch of the platform, but we do intend for it to be lower than the taker's.

For listing of coins/tokens, the projects will still be vetted (sorry if we are not clear in the post!). It is to our interest and yours to avoid any pump-and-dump or raise-or-abandon coins/tokens to be listed. We take this issue very seriously. To ensure that tokens listed are valid and trustworthy, we will still perform due diligence to ensure integrity of the projects before putting through a vote. We are considering different ways of getting the community to play a part in screening the different projects. One way could be opening an ANN thread like this one to get all community members and experienced traders to discuss the different aspects of the project.

The voting process itself will also have reasonable limitations for each voter. The user's ability to vote could depend on their account's age, possibly tracked by the activity of the wallet's they used, and votes to list a project's token cannot be entirely from a small group of individuals. We are hoping that that involving the community throughout the process will reduce the chances for harmful coins/tokens slip pass the vetting process.

From the financial perspective, we do not believe in charging millions of dollars of listing fees. The whole voting + threshold mechanism is meant for the listing process to be more affordable for projects to get listed. We believe that projects could possibly create more intrinsic value from the fee savings, translating to a higher value of their coins/tokens which is a win for everybody.

Once listed, if a small group of users want to execute a pump and dump, usually they would need to manipulate the price of a low trading volume coin/token and spread untruthful news to get others hooked. We will do our part to build up a diverse and large enough community, educate the community and supply accurate news directly to combat misleading information designed to manipulate the market. Ultimately, we will still have to depend on traders, like yourself, to make informed trading decisions based on the information supplied. We would like to think that if executed properly, trading against market manipulators could be a strategy by itself and could prove to be quite profitable.
40  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] 0% Fee | Demo now LIVE | Free Tokens giveaways | https://fyrus.pro on: July 14, 2018, 03:02:39 PM
How low is this... low transaction fee? I don't get why should this low tx fee become a selling point if at the end of the transaction, most of the paid fee will return to out wallet anyway.


Transaction fees will be between 0.1 % ~ 0.05 %.

Yup, I do agree that low transaction fees is a minor selling point. Our goal is to ensure that traders like yourself pay the lowest possible fee, though unfortunately at this stage, there are certain variable costs that are finalized at the end of the transaction. Which is why we have to collect the fees first, and rebate any excess afterwards.
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