Do you have plans for an airdrop at any point?
Hello! as for now, no. we don't plan it |
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Will you sell your ETH to fix trading risks?
What do you mean here? |
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Is coppay token depend from $?
we fix the price to ETH. For the ICO period: 1 COP= 0,000052631579 ETH |
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on your website:
Oct-12
Kyiv, Ukraine.
Blockchain and Bitcoin conference
Oct 24-25
Dubai, UAE.
World Blockchain Summit
Oct 24-26
Las Vegas, U.S.
CoinAgenda Global
Oct 27-28
Moscow, Russia.
Russian Blockchain Week 2017
Oct 28-31
Gibraltar.
Exploring the future of FinTech
how were these events?
Excellent! For instance, in Dubai at World Blockchain Summit we met NEM team  and actually there we even incorporated XEM into CopPay. So now our payment gates accept it In Moscow our founders presented the project. In Gibraltar we met many cool people. Also CopPay took part in ICO pitch there. our CEO Ina Samovich gave her speech. You can visit our Facebook page for pictures and more info;) |
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What if I’m not a US citizen, but I’ll invest being in USA?
You can invest if you are not the resident of USA. So, welcome! Does it mean that US citizens are not allowed? No, US residents officially is not allowed to participate in ICO due to legislation in the states. |
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Hey! glad that you are a real team! any news about the product development?
Thanks! recently we made a deal on partnership with Magento provider - Aitoc. That's really big news for our project. With it we are heading to e-commerce market. If you haven't read it yet, here is the link CopPay entered e-commerce market: big deal with Magento provider |
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Thank you dev really appreciate for your quick reply, just was looking your website look nice, anywhere we can see how much the project raise so far?
Fund raiser counter on site - under calendar  2 days in current conditions is too few for non-massive PR ICO seems they have two different website https://copay.io/ and https://coppay.io/ which one is the official website people will get confused about it! thanks for the info copay.io - is another project, not us. we are CopPay- the site is coppay.io Why did you name the project Coppay? The project name is easily confused with a wallet Copay. Yes, we did. There were some reasons for it. and the main one was the feedback we got from community. Since the project start, we have received many comments on its previous name . We have considered the community’s opinion and agree that how you name a boat, is how it will sail. Therefore, a new name of the decentralized multicryptocurrency system is CopPay; Сonsensus of Payments — is what we do, i.e. combine traditional and crypto payments. |
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 how do you plan to promote the ICO? I guess you need to attract new participants
agree, it's really important. We have a marketing department with cool marketing&PR specialists. they work hard on presence of CopPay in ICO listings, news&articles, online advertising and etc. they know what to do:)
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U roadmap: "Launch of cryptocurrency exchange for fiat money. CopPay becomes available in Germany, Holland, and the Baltic countries. Incorporation in Zug, Switzerland"
Do U have partners in Switzerland or completely independent launch?
independent. we have already officially settled up in Zug |
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Now is not an easy time to make ico. There were too many failed ico lately. In spring everyone invested their money in any ico, even the most hopeless. But you have good idea and stron team. I think - do not invest when everyone buys up shit and invest in good projects, when everyone is afraid.
Yes, now there are many ICOs and many of them actually fail. But we believe that our strengths are a working product and good team and that's what matters most |
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Have you conducted statistics on how ready the market is for your product?
Sure. You can see it in the White Paper |
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Thank you dev really appreciate for your quick reply, just was looking your website look nice, anywhere we can see how much the project raise so far?
Fund raiser counter on site - under calendar 2 days in current conditions is too few for non-massive PR ICO seems they have two different website https://copay.io/ and https://coppay.io/ which one is the official website people will get confused about it! thanks for the info copay.io - is another project, not us. we are CopPay- the site is coppay.io |
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Will there be any online AMA with devs?
Is it like ask me anything, you mean? q&a? we think about a webinar. would it be interesting for you??? |
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Please, do more video updates!
OK! Will try to do them more often! |
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How much did everyone invest in this ico?
On our web-site coppay.io there is a real-time info update on the tokensale |
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when the ico will start, on the OP it says the ico will start on the 30th October any news? it is started already, please dev could you confirm?
hello! yes, it has already started. You can join us: all info is avalible on the official web-site: coppay.io |
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How is the immediate transfer confirmed? If there is no confirmation time, then what is the mechanism to keep the chain from being abused and cheated? I looked at the website, the FAQ's and I just don't have the time and patience for a white paper today, is there some place the system itself was covered that I am missing?
That's a good question and requires a long answer. To make transactions fast we let merchants operating in exchange mode perform transactions with zero (minimum) confirmation. That means merchants and consumers will not have to wait long till the transaction gets into new block. How we do that? For bitcoin and altcoins we pay attention to 3 parameters:type of transaction, spread of the transcation in the web transaction fee. When a standard transaction gets into a full node's mempool, can not be replaced, and we can spend it for certain. By a standard transaction we mean a paytohash transaction without the possibility of replacing it by fee (bip125). Also we check what percentage of complete nodes that also received this transaction. The standard transaction + spread on the network gives a good percentage of that there can't be a double spending attack. We also check the transaction fee so that it corresponds to the average level at the moment to ensure that the transaction will get into one of the new blocks. This altogether gives us a good percentage of probability (90+) to judge that the transaction will get into the blockchain even before it actually happens. This allows you to make a payment in 8-10 seconds. But this approach does not work with ether. Here any transaction in mempool can be replaced by another with a larger gas price. Therefore, here we use one confirmation and check the distribution of the confirmed block in the network in order to guarantee a high probability that the transaction will remain in the blockroom. This, with sufficient gas price, it reduces the transaction to 15-20 seconds. We also take into account the individual solutions of different coins of the InstantSend type in dash, which allows you to make payments within seconds. In addition, to make transactions even faster, we use our reputation system. Buyers registered in our system and committing a large number of successful transactions will not have to wait for confirmation at all. Transactions for them become instant. Moreover, since this function works in the exchange mode, we take all the risks associated with the transaction not being confirmed on ourselves. To protect ourselves from probability that something goes wrong we limit the amount that can be made without confirmations to 200 euros. For registered customers with a high rating this limit can be extended. You write "We check". Who is this? One center, master node, application code? On what side will be all those verifications? Or may be some scheme with interoperation's? As we provide exchange services, that's us who check all characteristics on our servers after the merchant makes an order in exchange mode. It's us who decide whether the payment is instant or not. But the more the user user our system the more his reputation influences the decision on the instant confirmation of payment. the reputation will be kept in CopPay blockchain and we can not influence how it forms. Thanks to the reputation system we will get independent from cryptocurrency mechanism of instant confirmation of transactions. and the users will be able to check the quality of our work. |
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