I liked the video presentation provided by this team. It gives me more knowledged about the goals and missions of this project. Although, this kind of platform are not new in the crypto world but I think they can managed to caught the attentions and interest of all crypto enthusiast. I only hope that the Payday project will have a better security system from the other competitors in the crypto market.
Where is the link of their video presentation? I want to understand more the project. Can someone give me the link. Thanks for the response. 🙂 Yes, showing videos would be helpful to understand easier about the detail of this project even if it takes only how many minutes of the presentation. Hey @Mommyshark You're absolutely right, that's why we've already made such video, go check it out https://m.youtube.com/watch?reload=9&v=FpFnk5xpPvA&feature=youtu.be&a= |
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I liked the video presentation provided by this team. It gives me more knowledged about the goals and missions of this project. Although, this kind of platform are not new in the crypto world but I think they can managed to caught the attentions and interest of all crypto enthusiast. I only hope that the Payday project will have a better security system from the other competitors in the crypto market.
Where is the link of their video presentation? I want to understand more the project. Can someone give me the link. Thanks for the response. 🙂 Hi @richelle87 there you go https://m.youtube.com/watch?reload=9&v=FpFnk5xpPvA&feature=youtu.be&a= |
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Do you have any whitepaper fo the project? I am not satisfied about the ANN thread and I want to read more about the project and it's purpose in the future.
I agree with you @yuisefb8. The team should offer us a complete details of their project also I didn't see any roadmap that had been shown. hi @frenkelebre have you seen our website paydaycoin.io with the most self-explanatory roadmap on its home page? |
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I voted for the this coins to be listed on hit BTC, By the way what are the exact date you will be working with these exchanges?
Thanks for your vote @steampunkz can't give you the exact date but surely it's gonna be announced very soon, follow our updates! |
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Then, this is great since the team actually doing the right decision. Payday sounds really good because this word can make us happy and sad. I don't know why the dev titled it but what is good is that it can easily be remembered for everyone who can see the project title. Yes, the team is active making more things to make this project successful, the airdrop can surely help them to increase its exposures and to gain more investors. Yes definitely, hope team will be able to attract the investors. Eventually the airdrop and any other form of promotions will help the project to be popular. Its been proven and tested over the years that airdrops really help the project to be famous and successful. Airdrop is a good plan which will have a great work flow where many participants will be effectively participating and this path reaps to gain more attention from various investors across the locations. hey @Mikesleo totally agree with you that's why we've launched our Airdrop#2 https://bitcointalk.org/index.php?topic=3337548.0 have you joined already? |
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Payday is really going well but i think this project is much complicated to understand. I read some of their news and information and got to know some of the major points which iteself proves that this project is something special and can have huge profits ahead.
Thanks for being with us @Underrated We do our best to make it easier to learn about the project with our website paydaycoin.io and WP in particular https://paydaycoin.io/Whitepaper-v0.9.pdf On top of that here's our PayDay introduction video https://m.youtube.com/watch?a=&v=FpFnk5xpPvA&feature=youtu.be And our support team is always ready to answer your questions, have you had any so far? |
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Great project admin and devs. Im looking forwarrd for payday coin to run full scall. Hopefully you run an airdrop.
Agreed. I hope they will be ran an airdrop for the project because I really love to claim my free airdrop to join the pool to stake. Hi @Dr.Sponge, hope you've already joined our Airdrop#2 going on now! https://bitcointalk.org/index.php?topic=3337548.0 |
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Then, this is great since the team actually doing the right decision. Payday sounds really good because this word can make us happy and sad. I don't know why the dev titled it but what is good is that it can easily be remembered for everyone who can see the project title. Yes, the team is active making more things to make this project successful, the airdrop can surely help them to increase its exposures and to gain more investors. Yes definitely, hope team will be able to attract the investors. Eventually the airdrop and any other form of promotions will help the project to be popular. Its been proven and tested over the years that airdrops really help the project to be famous and successful. This could cheer up the investors and promotions are actively expected to grab the attention of more people but we need to publish the information in a accurate manner however some video presentations explaining about the project could really help. You're absolutely right, that's why we've already made such video, go check it out https://m.youtube.com/watch?reload=9&v=FpFnk5xpPvA&feature=youtu.be&a= |
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Another master node project, what's the difference of this from hundreds of projects before that requires staking but they are never to be found now? Any team behind this project?
Hi @Arvilaine, we're not just another MN project and you'll see why. First things first - we are not trying to overstretch ourselves, but to focus on solving a specific problem in partnership with other blockchains (KYC and Insurance blockchains). All similar projects are trying to take these functions on themselves, mostly with little or no success. As for the team - all highly experienced and professional, ready to help if you have any questions or doubts about the project, do you? |
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This vote list of the head of thread about exchanges useless. Because there are only small and bad exchanges. You going to be listed on some of this exchanges?
Hi @traveler007 ! You know, things always look different from the distance. But they become pretty clear, when you dig into. Before listing on BitFinex and Binance, we have to be listed on shitty exchanges and prove our liquidity and market demand. On other way, we can waste lots and lots of team money on paying to top exchanges for listing newborn coin. We'd prefer not to be wasting like that, and rather put them to the development of the product. Another thing is coin price. As you can check CMC, you may notice, that after listing on each exchange, coin price is growing. Last but not least noticable jump is ZCash. So if we go to BF right away, we'll get huge boost for sure, as well, as big correction. We'd prefer more stable and consistent growth, which can be achieved by listing on small exchanges first, and then going to the bigger ones. Does it all make sense to you? Any questions left? |
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Hey guys, check our introduction video on youtube! It may channel you into PayDay's initial concept and some forthcoming events. Enjoy! https://youtu.be/FpFnk5xpPvADid your team interview the publications? It would be interesting to read We're preparing the interviews, as soon as they're ready the links will be posted here right away. btw what media you prefer to read? |
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Hello everyone,I just started to study information about the project. I would like to know more information about the insurance structure. How will this be realized?
Hi @bpcguy and welcome to our project! Have you joined our Telegram and Discord already? Back to your question: When issuing a loan, insurance coverage works the following way: 1. A part of the credit body concerning no return is secured with KYC Masternodes stake (don't mess with PoS masternode, these are different masternodes) 2. Another part of the loan body in case of no return is guaranteed with Auditor Masternodes stake 3. The total amount of the support entirely depends on the level of the risk of the application. The higher the risk, the more security deposit to be required by the network. Yes, I've already joined them, thanks! That's an interesting. But where are this insurance money come from? Who pays them? We're using IMO (Initial Mining Offering). Now you're buying tokens. While they're staying in your wallet, you're getting stake reward, thus the number of your tokens is increasing with every hour. @bpcguy, that's quite easy, e.g.: the borrower comes up. KYC masternode checked their ID. Auditor checked their docs for credit purpose. After that KYC and Auditor have to kinda vouch for them. KYC masternode freezes a part of their stake as a guarantee, that the ID is checked well. So do the auditors (more than one) - freeze their parts. If money is not returned, these frozen stakes go to loaners (wallets owners issuing the loan). If money is returned, than these parts are not frozen anymore and can be used for further work. And all participants get their interest. The network will adjust the insurance deposit by inself. In case of 10% of non-returns the system will require 10%+ interest rate of all insurance deposit. E.g.: 2% money from KYC, 8% money from 4 Auditor - so 2% from everyone. However, according to BRAC report ( http://www.brac.net/sites/default/files/BRAC-at-a-glance-december-2012.pdf , page 3 ) and Muhammad Yunus experience repayment rate is 98.76% I don`t quite understand what is the benefit for us now in acquiring your tokens? Will we have any special conditions on the platform afterwards? |
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any aiirdrop now?
Hey @danimadebangbangchui airdrop#1 has just been closed, stay tuned not to miss the next one very soon! |
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If PayDay is a credit system, then what will happen in the case of non-repayment of the loan. Is this provided?
First of all, there might be a collectors or so. As you may see in WhitePaper, we will be using Advertising Systems, say Google DoubleClick, Facebook, Twitter to remind non-payers about their debt. Untill they repay. Our experience says that most payments are repaid upon notifications. Another thing is AI and bigdata. PayDay will be track and analyse user behavior in order to check wether he fraud or real man, and what probability of repayment from this specific loaner. Next thing are Auditor masternodes. Let's say some business tries to get loan. Owner says : we are blacksmith, and we need some more iron to create more horseshoes and get more profits from it. Auditors comes to action here. They check if this business really exists. If they have a contracts. If they have a sales for a years before. If loaner is business owner, as he states and so on. To continue conversation and give some more arguments, I have a question to you, @cryptocyprus, do you personally own or use bitcoins or ethers? I will answer you in order to continue our conversation. I use bitcoins and ethers. I'm not entirely inspired by your system of using Advertising Systems, say Google DoubleClick, Facebook, Twitter to remind non-payers about their debt In my opinion, this is not serious. hey @crytocyprus what's up, Google DoubleClick, Facebook, Twitter - those are some of the most popular projects that we use every day. In any case it's better to use local social media, e.g. WeChat or Sina Weibo in China, right? |
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I see you've added the poll about the exchanges.
Have you started the negotiation progess with some exchanges?
Hi! Yeah cause we rely on our investors' preferences so we plan to be listing on the exchanges they're most used to. Have you taken part in the poll and expressed your opinion? |
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