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301  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 29, 2018, 07:44:38 AM
Hi! How are you going to create the trust ratings?

Hello! The trust rank of a participant is calculated from two separate components: one financial and the other reputational. The business’s resulting trust rank is a composite number calculated from a weighted sum—the weight being the trust rank of the evaluator, of quantitative evaluations ranging from 1 to 10 and their financial indicators.

You can read more about it in our whitepaper from pages 20-23 or/and in our article https://medium.com/procurean/restoring-trust-in-procurement-with-blockchain-9ff4ac82dce5
302  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 29, 2018, 07:37:51 AM
And when the  pre ico starts?

in the end of August I guess?

Yes, the pre-sale starts on 30.08.2018. Sign up for our newsletter to stay updated Smiley
303  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 01:36:11 PM
How about the min/max contribution sizes for the token sale, will there be any?

Hello!
yes, during crowdsale the minimum contribution will be 0.2 ETH and maximum contribution will be 250 ETH.

You can read more about it in our whitepaper from pages 41-45: https://mk0procureannetyd833.kinstacdn.com/app/uploads/2018/05/Procurean_WP-1.6_2018-05-23-1.pdf
304  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 12:33:24 PM
Please, can you make any videos with the team? Smiley

Hi! We are planning on filming some videos with the team. Join our Telegram group to stay updated: https://t.me/procurean
305  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 12:06:14 PM
Hello! When the pre sale starts? Will you make a discount or bonus?

Hi!
The pre-sale starts on 30.08.2018 and the bonus is 20%. Sign up for our newsletter to stay updated!
306  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 11:53:14 AM
Do you plan to visit more events like Podim?
Hi, of course!
Join our official Telegram to stay updated about news and upcoming events: https://t.me/procurean_news
307  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 11:37:53 AM
Will be there any safety tools so that the companies couldn't lower their competitors rating?

Hi!
In case of disagreement with a given rank after a transaction, the disagreeing party can issue a dispute. Businesses opening a dispute on the network have to provide enough PAN tokens to fuel the dispute by rewarding businesses invited to the resolution process. The amount of required tokens is summarized from a fixed amount and an amount relative to the estimated inquiry value. These tokens incentivize potential resolutioning businesses to join the resolution process.

You can read more about it in our whitepaper on page 22: https://mk0procureannetyd833.kinstacdn.com/app/uploads/2018/05/Procurean_WP-1.6_2018-05-23-1.pdf
308  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 11:27:31 AM
I see why the SME companies will join the platform! But how about bigger entertprises?

There is a big incentive for buyers from large enterprises to start using Procurean, because automating and optimizing non-optimized procurement can result in lower procurement costs (up to 30% on non-optimized purchases) and lower transaction costs (up to 90% by automating human work).
If you would like to discuss this topic more in-depth, join us in our Telegram group: https://t.me/procurean
309  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 11:07:00 AM
New project with the EXCELLENT concept

I'm sure they will have a great support from the crypto community

Thank you for your support! Sign up for our newsletter to stay updated and see how we will realize our project Smiley
310  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 11:00:48 AM
This could be very promising, good luck guys!!!

Hi,
thank you for your support Smiley
Sign up for our newsletter to stay updated!
311  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 10:53:55 AM
The main PAN utility will be to place the bids on the auctions?

Hi! Placing the bids is just one among other utilities of PAN token. Apart from bidding, PAN token can be used also for disputing, guarantees and escrow.
You can learn more about it in our Medium post: https://medium.com/procurean/what-pan-token-can-be-used-for-c0a8e74a96a0.
312  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 10:32:20 AM
Can you describe the advantagies or reasons for investors to purchase the PAN?

Sure! Procurean's potential is really high since the industry we are entering is really big.
Here are three surprising facts:
- International trade represents more than 60% of the global GDP.
- 42 million business across the globe.
- We are tapping into 27 trillion $ revenue per year business.

If you would like to discuss this topic further you can join our Telegram group: https://t.me/procurean/
313  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 28, 2018, 10:25:12 AM
is your platform free to use for buyers and sellers? also do you have sellers that signed-up on your platform? more sellers means more chance of buyers to use your platform

Hi, the platform is free to use for buyers in general, and sellers pay a very small fee relative to the inquiry worth for each bid they place. Usually, it's the buyers who we pitch to first, and when buyers start to source items with inquiries on the platform, sellers join to place their bids. It's a business opportunity exempt from any marketing or sales costs that they otherwise wouldn't have access to and it doesn't make much economic sense for them not to join. Larger enterprises who decide to use the platform (these are businesses that we sell to door-to-door or through our ERP partners) also bring with them a large pool of their existing vendors that get onboard, and who at first only participate at auctions (inquiries) of the buyer who invited them, but soon reach out to other buyers who source similar items and products. There is a big incentive for buyers to start using Procurean, because automating and optimizing non-optimized procurement can result in lower procurement costs (up to 30% on non-optimized purchases) and lower transaction costs (up to 90% by automating human work).


thanks for the detailed response. building such platform would take time as you need to gain loyal buyers also. but once it takes off and your customers are satisfied they will bring more customers as word of mouth is a good marketing technique

I suppose that since Procurean is based on already operating Gepom, and that they will first launch the platform in their domestic market, it will be easier to bring the initial number of buyers and sellers.


That is correct. Gepom was created and focused on Slovenian market. Existing Gepom users, such as Gorenje, Unior, Slovenijales Hobby, Inpos and Thermana Laško to name a few, will be the first invited to join the platform. Furthermore, registered alpha version users will be invited to join the platform as well.

If you would like to know more about Gepom, you can also check out Gepom's website:
https://www.gepom.com/public/index.jsp

314  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 27, 2018, 06:17:53 PM
I very much want to support the project, that as simplifies and digitizes purchases, providing safe and transparent transactions, success it will be unambiguous!

Thank you for your support! Sign up for our newsletter to stay updated. You can also join our Telegram group if you have any additional questions you want directly address to our team members Smiley
315  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 27, 2018, 05:13:42 PM
I believe in this team! They are experienced enough to run the project. The concept is though through (just look at the WP) AND they have a working company in the industry, so they know what to do.

Thank you! Sign up for our newsletter to stay updated and see how we will realize our project Smiley
316  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 27, 2018, 05:06:23 PM
I guess there should be some fees for both parties to make it fair.

I think the easiest way for you to the grasp the idea is to check out the video: https://www.youtube.com/watch?v=snQ4B71AnHg&t=25s

To get a clearer picture of how exactly fees are charged for both sides, download our whitepaper.
https://procurean.network/whitepaper

Wow, such an inspiring video! And it sets the tone of the project. Very legit Smiley

Thank you! Smiley

Join our Telegram group for more content and news: https://t.me/procurean
317  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 27, 2018, 04:54:53 PM
Sure, most often we tend to spend ridiculous amount of time to create, check, re-create, sign the papers… It's too much of an effort sometimes that you even question the whole idea.
Most certainly agree. But the biggest benefits that Procurean will bring to businesses worldwide are reduced costs, global expansion, and necessary tools to digitalize their business processes.

Here are the benefits Procurean will ensure, that will enable businesses to:

1. lower their transaction costs by up to 90%
2. save up to 30% on (currently) non-optimized procurement
3. increase trust and lower business risks associated with business transactions
4. digitize and automate procurement with minimum time waste
5. get open market access and information
6. transfer knowledge and IT system capabilities from large enterprises to SMEs.

That's all very important for the businesses, I can't agree more.
However, what's the main benefit for an investor to support Procurean?

Procurean's potential is really high since the industry we are entering is really big.
Here are three surprising facts:
- International trade represents more than 60% of the global GDP.
- 42 million business across the globe.
- We are tapping into 27 trillion $ revenue per year business.

If you would like to discuss this topic further you can join our Telegram group: https://t.me/procurean/

318  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 27, 2018, 04:40:02 PM
By the way, you have a great team Wink

Thank you! You can say hi in our Telegram channel https://t.me/procurean Smiley
319  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 27, 2018, 04:33:32 PM
When do you plan to start the ICO?

Hi! The start date of crowdsale will be on 16.09.2018. Sign up for our newsletter to stay updated!
320  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN][ICO] 🌐 PROCUREAN 🌐 Blockchain-driven procurement network based on trust on: May 27, 2018, 04:26:47 PM
Here is a fun article on Medium about the procurement in a blockchain world: https://medium.com/@bloomingminds/bitcoin-blockchain-and-donuts-7f3374d9cb55 I though that would be funny for you to see)) I guess many of the issues might be solved with the Procurean!

 Cheesy

Thank for sharing this article with us!
If you are interested in more articles about procurement I suggest you take a look at our medium page:https://medium.com/procurean Smiley
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