[ANN][FYP] Flyp.me Exchange - 🌟 50% PROFIT SHARING 🌟 FYP Token - SegWit

[davidspitzer]

What is the Revenue/Profit relation could you disclose what per Cent of Revenue should go to profits?

50% of the net profits will be distributed to FYP Token owners in proportion to their ownership of tokens. All costs incurred in running Flypme will be covered by the funds raised during the Presale and ICO. Therefore, until Presale and ICO funds have been used, the net profits will be equal to revenue.

Does that mean that during the first months backers will receive more relative revenue?

How will you count the funds amount of each token owner's before spreading revenue?
Will it be the same mechanic every spreading?
 

[decades85]

What is the Revenue/Profit relation could you disclose what per Cent of Revenue should go to profits?

50% of the net profits will be distributed to FYP Token owners in proportion to their ownership of tokens. All costs incurred in running Flypme will be covered by the funds raised during the Presale and ICO. Therefore, until Presale and ICO funds have been used, the net profits will be equal to revenue.

Yes I know that during the presale and ICO Revenue will eqal the profits. I am asking what the Revenue/Profit structure will be after the 21st Oct. The reason is, that there are charities non Profit organizations existing, who are actually non Profits but 95% of the donated funds go to luxury real estates and cars, so only 5% are distributed to people in need, but they remain non Profit. Since you will be Holding 50% of the Tokens, you could easily set at any time during the Exchange what % of Revenue will end up as Profit, so that Piece of information is extremely vital and is a projection every Business plan of a Startup must have.

[Huxleyfree]

Do you send a sensible transaction fee when exchanging to Bitcoin?

[Retired]

Do you send a sensible transaction fee when exchanging to Bitcoin?

The few times I've used their service they have always sent a very good transaction fee. All my exchanges' Bitcoin transactions (the output transaction) were confirmed in minutes.

[poordeveloper]

Will flyp.me/exchange be the homepage when ICO finishes? Or will it be different?

Hi! Yes we want to move the exchange to the homepage when the ICO is finished.

Are there plans to change the actual costs to be displayed before you make a trade? Right now, you don't see the actual fees for the trade as well as the transaction fees for the coin to be moved and instead just see the complete sum. I think it creates a lot of extra work for the more ambitious trader and having these numbers displayed seperately would make life a lot easier (and show the advantage over more expensive competitors like Shapeshift )

What do you think?

Don't you think they would have a competitive disadvantage if they did so?

Since other companies hide this information, clients may think they are paying fees on Flyp.me that in other places they aren't, when in reality they are paying fees but included in the price.

[Vyazhan]

Will flyp.me/exchange be the homepage when ICO finishes? Or will it be different?

Hi! Yes we want to move the exchange to the homepage when the ICO is finished.

Are there plans to change the actual costs to be displayed before you make a trade? Right now, you don't see the actual fees for the trade as well as the transaction fees for the coin to be moved and instead just see the complete sum. I think it creates a lot of extra work for the more ambitious trader and having these numbers displayed seperately would make life a lot easier (and show the advantage over more expensive competitors like Shapeshift )

What do you think?

Don't you think they would have a competitive disadvantage if they did so?

Since other companies hide this information, clients may think they are paying fees on Flyp.me that in other places they aren't, when in reality they are paying fees but included in the price.

No, I think if they market this correctly, it can be a very organic process. You are being transparent and let people know upfront about the hidden costs in every transaction, thus building trust with your future client on a long-term basis, whereas others are clearly out to exploit newcomers to this space.

If used correctly, you can make a clear comparison to Changelly and Shapeshift and show how much cheaper every transaction on flypme truly is. I think there is a lot of untapped potential in this and can change the look towards accountless exchanges for the better. This move wouldn't only make things easier, it also makes it better for newcomers and veterans alike, don't you think so?

[poordeveloper]

Will flyp.me/exchange be the homepage when ICO finishes? Or will it be different?

Hi! Yes we want to move the exchange to the homepage when the ICO is finished.

Are there plans to change the actual costs to be displayed before you make a trade? Right now, you don't see the actual fees for the trade as well as the transaction fees for the coin to be moved and instead just see the complete sum. I think it creates a lot of extra work for the more ambitious trader and having these numbers displayed seperately would make life a lot easier (and show the advantage over more expensive competitors like Shapeshift )

What do you think?

Don't you think they would have a competitive disadvantage if they did so?

Since other companies hide this information, clients may think they are paying fees on Flyp.me that in other places they aren't, when in reality they are paying fees but included in the price.

No, I think if they market this correctly, it can be a very organic process. You are being transparent and let people know upfront about the hidden costs in every transaction, thus building trust with your future client on a long-term basis, whereas others are clearly out to exploit newcomers to this space.

If used correctly, you can make a clear comparison to Changelly and Shapeshift and show how much cheaper every transaction on flypme truly is. I think there is a lot of untapped potential in this and can change the look towards accountless exchanges for the better. This move wouldn't only make things easier, it also makes it better for newcomers and veterans alike, don't you think so?

I agree that if they did it the way your suggested (comparing the price to Shapeshift and Changelly) the problems I posed would no longer be such.

It would require them to think twice before removing the pricing information in the future, which they would need to keep updated and to always offer a lower price as well, since removing the comparison from the exchange process would be easily noticeable by users.

[heinemannplus]

They can also during the check out add  "You are saving x ETH by ordering at Flip.me instead of Shapeshift"

[coindoctor]

Will flyp.me/exchange be the homepage when ICO finishes? Or will it be different?

Hi! Yes we want to move the exchange to the homepage when the ICO is finished.

How is the profit sharing calculated?

[poordeveloper]

They can also during the check out add  "You are saving x ETH by ordering at Flip.me instead of Shapeshift"

That would also be a good idea.

[Flypme]

Bitcoiner.today published a new interview with our CEO

https://bitcoiner.today/en/icos-interview-with-the-ceo-of-flyp-me-the-instant-accountless-exchange/

[Retired]

Bitcoiner.today published a new interview with our CEO

https://bitcoiner.today/en/icos-interview-with-the-ceo-of-flyp-me-the-instant-accountless-exchange/

This part made me think you guys have a really bright future:

interconnecting with other services such as multicrypto/multiasset point of sale and wallet services.

With these additions, we will earn profit shares in almost every transaction of the POS and wallet services they are integrated with.

[Flypme]

I just received on my eth address the coins I have acquired thru your presale with some ETH, DOGE and LTC
Thumbs up! Nothing is missing!
Maybe I spend some more 

Thanks for joining the ICO and believing in what we are doing. Please spread the word and join the conversation on Telegram https://t.me/flypme

[Flypme]

I think these services are the future. It's just amazing that people keep using exchanges with accounts when thefts and hacks happen almost every month...

Thanks for your support! We believe crypto-to-crypto exchanges should be accountless, fast, private and secure! Flyp.me only needs the user's crypto address and amount to exchange

[Flypme]

What is the Revenue/Profit relation could you disclose what per Cent of Revenue should go to profits?

50% of the net profits will be distributed to FYP Token owners in proportion to their ownership of tokens. All costs incurred in running Flypme will be covered by the funds raised during the Presale and ICO. Therefore, until Presale and ICO funds have been used, the net profits will be equal to revenue.

Does that mean that during the first months backers will receive more relative revenue?

Yes, until funds raised during the Presale and ICO are finished, FYP Token owners will receive revenue rather than profits because revenue and profits are the same until then.

[Retired]

I think these services are the future. It's just amazing that people keep using exchanges with accounts when thefts and hacks happen almost every month...

Thanks for your support! We believe crypto-to-crypto exchanges should be accountless, fast, private and secure! Flyp.me only needs the user's crypto address and amount to exchange

Yes because I notice that using a traditional exchange it's also slower, I need to wait for confirmations, check my account, make the trade, wait for it to actually be performed, request the withdrawal and (in many cases) even wait more for the exchange to actually process the withdrawal.

With Flyp.me it's just depositing one coin and instantly receiving the one you need.

No need to stay around babysitting the exchange process.

[Flypme]

What is the Revenue/Profit relation could you disclose what per Cent of Revenue should go to profits?

50% of the net profits will be distributed to FYP Token owners in proportion to their ownership of tokens. All costs incurred in running Flypme will be covered by the funds raised during the Presale and ICO. Therefore, until Presale and ICO funds have been used, the net profits will be equal to revenue.

Does that mean that during the first months backers will receive more relative revenue?

How will you count the funds amount of each token owner's before spreading revenue?
Will it be the same mechanic every spreading?
 

50% profit sharing applies to ALL FYP Tokens and FYP Token owners in proportion to their ownership of tokens.

Following the first two payouts, the timing of the payout and other mechanisms will be voted by the fYP Token owners in line with Flyp.me’s commitment to distributed policy-making.

[Flypme]

Joined. It seems interesting

Thanks for joining. You can also join the conversation on Telegram https://t.me/flypme and Twitter https://twitter.com/flyp_me

[Retired]

Joined. It seems interesting

Thanks for joining. You can also join the conversation on Telegram https://t.me/flypme and Twitter https://twitter.com/flyp_me

Their Telegram channel is really active and everyone is always looking forward to help.

[nagobinga]

this transaction is very interesting for me and want to use it for onward if there is any better than this because want to use other if there is no no problem.