[ANN - Pre-ICO] BlockPay - Zero Cost, digital currency Point-Of-Sale systems

[Chris4210x]

BlockPay Pre-ICO Ended after 13 days, 75% sold, and more than 1095 BTC raised!

Thank you all for the great support! Please find my latest update here: https://steemit.com/steem/@chris4210/blockpay-pre-ico-ended-after-13-days-75-sold-and-more-than-1095-btc-raised

[cyberhacker]

so this is just pre ICO.

When does the real ICO begin?

[Sam123]

How does this project compare to https://plutus.it/

[Chris4210x]

so this is just pre ICO.

When does the real ICO begin?

The 2nd ICO is planned for next year 2017.

How does this project compare to https://plutus.it/

Hi Sam123,

please read the following article for a good comparison with Plutus. https://steemit.com/bitcoin/@kencode/top-5-goodies-offered-by-blockpay-integrated-blockpay-s-and-smartcoins-usd .

[ShooterXD]

Hey dev, check ur PM, i need talk with you.

Cya

[favdesu]

Hi guys,

I have a n00b question, I sent some BTC via openledger (bitshares.openledger.info) to purchase blockpay tokens (2nd pre-ICO). When will I see them in my openledger account?

Thank you for your help!

they issue the tokens today. should be there in 24hours I think

[Crypto_MERC]

Hi guys,

I have a n00b question, I sent some BTC via openledger (bitshares.openledger.info) to purchase blockpay tokens (2nd pre-ICO). When will I see them in my openledger account?

Thank you for your help!

they issue the tokens today. should be there in 24hours I think

Anyone received their tokens yet?  I realize the drop is today, but was just curious.  Kind of wish there was a better way to tell of your order status.

[ICOcountdown.com]

Congratulations on the successful crowdfund

[ViciousDad]

Hi guys,

I have a n00b question, I sent some BTC via openledger (bitshares.openledger.info) to purchase blockpay tokens (2nd pre-ICO). When will I see them in my openledger account?

Thank you for your help!

they issue the tokens today. should be there in 24hours I think

Anyone received their tokens yet?  I realize the drop is today, but was just curious.  Kind of wish there was a better way to tell of your order status.

Agreed

Happy to see this successful crowdfund as well! I am also patiently waiting for tokens. 

[EBK1000]

Phase1:   600,000 tokens   @ 1:1.20 OPENPOS tokens/each   Special Buyback   Ended
Phase2:   1,400,000 tokens   @ 0.000288 BTC tokens/each   42.40% Discount   Sold out
Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running
Phase4:   2nd ICO   @ 0.000500 BTC tokens/each   Initial Price

Just an observation; if the next round is going to be sold for 0.0005 BTC per token, then the price of BLOCKPAY should not exceed 0.0005 BTC until after phase 4 right? I mean you would be mad to buy now for more than the phase 4 price?

[capone1340]

I GUESS WE NEED MORE EXCHANGE  

[Deuceisgood]

Phase1:   600,000 tokens   @ 1:1.20 OPENPOS tokens/each   Special Buyback   Ended
Phase2:   1,400,000 tokens   @ 0.000288 BTC tokens/each   42.40% Discount   Sold out
Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running
Phase4:   2nd ICO   @ 0.000500 BTC tokens/each   Initial Price

Just an observation; if the next round is going to be sold for 0.0005 BTC per token, then the price of BLOCKPAY should not exceed 0.0005 BTC until after phase 4 right? I mean you would be mad to buy now for more than the phase 4 price?

I think he retracted that price point ... doesn't really make sense on its face as anyone can see.

[capone1340]

Phase1:   600,000 tokens   @ 1:1.20 OPENPOS tokens/each   Special Buyback   Ended
Phase2:   1,400,000 tokens   @ 0.000288 BTC tokens/each   42.40% Discount   Sold out
Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each   28% Discount   Running
Phase4:   2nd ICO   @ 0.000500 BTC tokens/each   Initial Price

Just an observation; if the next round is going to be sold for 0.0005 BTC per token, then the price of BLOCKPAY should not exceed 0.0005 BTC until after phase 4 right? I mean you would be mad to buy now for more than the phase 4 price?

I think he retracted that price point ... doesn't really make sense on its face as anyone can see.

Last words from Chris4210x
 
We will announce the detailed timeline, prices and ICO terms for the possible 2nd ICO when we need further expansion capital. Please note that the ICO prices can be adjusted to meet future market conditions and to guarantee a successful 2nd crowdfunding.

[bitcoinking5]

This is very good project

[mandica]

Will this token be listed at other exchanges and can the devs please provide an update for this. It would be good to see this at Poloniex soon and I think that is needed if the Blockpay team want to increase the value and maximise their chances of a successful second ICO.

I noticed that most trade is in BTS and not BTC at OpenLedger??

[Chris4210x]

Will this token be listed at other exchanges and can the devs please provide an update for this. It would be good to see this at Poloniex soon and I think that is needed if the Blockpay team want to increase the value and maximise their chances of a successful second ICO.

I noticed that most trade is in BTS and not BTC at OpenLedger??

Hi Mandica,

Yes, we are currently reaching out to other Crypto exchanges and try to figure out the best way to add our BlockPay tokens to the exchanges. I am also working on a short tutorial to show you how to trade BlockPay with Open.BTC on the OpenLedger Exchange.

I have a question to the community. What is the best way to pay out profit shares to all stakeholder? I have my a good solution in mind, but I want to get your feedback too.

a) Direct profit payout to account
b) Buyback on the market

I stated before that my biggest concerns are that exchanges like Poloniex. What if they will not pay forward the profit shares to the rightful owners? Lets us assume we pay 0.10 USD per BlockPay token, and share drop that to all holders. How can we do that on Poloniex or Bittrix?

How are other coins doing that part? Ethereum, Plutos, etc.

[.m.]

Congratulations on the successful crowdfund ! Watching

[medsi2]

Received my BlockPay tokens 

[Deuceisgood]

I have a question to the community. What is the best way to pay out profit shares to all stakeholder? I have my a good solution in mind, but I want to get your feedback too.

a) Direct profit payout to account
b) Buyback on the market

I stated before that my biggest concerns are that exchanges like Poloniex. What if they will not pay forward the profit shares to the rightful owners? Lets us assume we pay 0.10 USD per BlockPay token, and share drop that to all holders. How can we do that on Poloniex or Bittrix?

How are other coins doing that part? Ethereum, Plutos, etc.

Chris,

Three things are necessary to see the tokens 'successfully' appreciate:

A. Underlying businesses should prosper. (You should focus on this, and then broadcast the successes and milestones in order to generate interest & excitement.)
B. Issue a token with a finite issue. (You have too many tokens on the shelf - look for excuses to burn them, in a verifiable burn account.)
C. Have the token intrinsic to the function of your product, or have them share in profits in a predictable, contractual way - this is what you are enquiring about.

My initial thought is that, at this early stage you really need all cashflow to continue to grow, so frankly you don't have cash to give back to token holders. I would like to see you focus thus:

A: Grow the underlying business, and brag/publish your success milestones in order to facilitate token price appreciation.
B: Burn excess tokens as aggressively as you dare - and tie the burn rate to Blockpay++ expansion, if you like.

My 2.

[dadingsda]

Hi Mandica,

Yes, we are currently reaching out to other Crypto exchanges and try to figure out the best way to add our BlockPay tokens to the exchanges. I am also working on a short tutorial to show you how to trade BlockPay with Open.BTC on the OpenLedger Exchange.

I have a question to the community. What is the best way to pay out profit shares to all stakeholder? I have my a good solution in mind, but I want to get your feedback too.

a) Direct profit payout to account
b) Buyback on the market

I stated before that my biggest concerns are that exchanges like Poloniex. What if they will not pay forward the profit shares to the rightful owners? Lets us assume we pay 0.10 USD per BlockPay token, and share drop that to all holders. How can we do that on Poloniex or Bittrix?

How are other coins doing that part? Ethereum, Plutos, etc.

I would prefer a)
I don´t know how other coins are handle it but fact is, it´s doable. Maybe you should ask polo, bittrex directly (i presume they have to split the payout)?! As for your concerns: As long as they don´t get hacked i have no doubt they will pay.

...ah and don´t forget:

NEVER safe your coins on an exchange!


ps: Thank you very much for the bounty!