Dear Sir or Madam,
1. Could you please summarize the need and the advantages of using blockchain technology for dating apps compared to existing business platforms such as tinder?
2. What is the main function of the COIN. Is its main function to incentive new users?
3. How do you plan to generate the necessary network effects? Why should someone switch from tinder to matchpool? In addition, the acquisition costs 5 USD per new user seems comparably low..
4. Are any exchange listings planned? Or will be Liquid the first exchange?
Thank you for your answer.
can you please answer?
Hey Cokezero, sorry for that...got my mind around a few things...
1. Yes sure, the use of blockchain has somethings to do with everything we do. Our entire system is built on top Smart contracts this is they way we can ensure each pool and host is following the platform rules and that payments are being made autonomously. By using the blockchain technology we can also encrypt our users private information (See our partnership with Uport). And in order to fund and execute our vision we need of course many resources that are better of being accomplished by doing an ICO, So as you can see it has everything to do with the blockchain.
2. The main function of the GUP is both to be able to attract new users by rewarding them with Matchpool inherent token and of course again to be able to fund this entire operation.
3. Honestly first because its an alternative that suggest a different approach that have never been used before and probably due to the fact the Tinder model as it is by today has many flaws we believe we can correct.
4. You will get your answers in the following minutes
Hope that is answers everything
