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

[poordeveloper]

Can we have the tokens stored anywhere and still receive the 50% profit share?

And how? I mean how can we get paid the revenue share if the tokens are not stored in your wallet?

[Retired]

How much profit can we expect to earn?

[Flypme]

Use of Funds

Funds will be distributed across reserve funds and business funds, in relation to the amount raised.

Please note that the profits generated by those FYP Tokens allocated to flyp.me will be reinvested in the flyp.me service, its roadmap and to increase further its reserve funds.

Reserve funds:
Between 50% and 35% of the funds raised.

Business funds:
Between 50% and 65% of the funds raised.

•   Engineering and security (25%)
•   R&D (20%)
•   Legal services (10%)
•   Communications and marketing (25%)
•   Business development and strategic partnerships (20%)


Information about the use of funds and roadmap are explained in more details in the whitepaper https://flyp.me/whitepaper.pdf

HolyTransaction Wallet is the escrow.

[Flypme]

Can we have the tokens stored anywhere and still receive the 50% profit share?

You can store the FYP Tokens on any ERC-20 compatible wallet of which you control the private keys. We provide a list of recommended wallets [here](https://flyp.me/faq)

[thomoak]

Coinomi ask for Contract ABI when I'm trying to add new token...can you help me?

[Flypme]

Coinomi ask for Contract ABI when I'm trying to add new token...can you help me?

In a nutshell, that's how you find the Contract ABI:

From the Token's etherscan.io page, click on the Contract Address.
In the address page, click on the Contract Source tab, and scroll down to the ABI text.
Copy paste the entire text to the Contract-ABI line of Coinomi.

[Flypme]

Can we have the tokens stored anywhere and still receive the 50% profit share?

And how? I mean how can we get paid the revenue share if the tokens are not stored in your wallet?

Your FYP Tokens have to be stored in the wallet where you want to receive your share of the profits. The profit sharing will be calculated based on the number of FYP tokens owned when the calculation occurs. More FYP tokens when profit sharing is calculated = higher proportion of profits.

[Flypme]

Can we have the tokens stored anywhere and still receive the 50% profit share?

And how? I mean how can we get paid the revenue share if the tokens are not stored in your wallet?

Your FYP Tokens have to be stored in the wallet where you want to receive your share of the profits. The profit sharing will be calculated based on the number of FYP tokens owned when the calculation occurs. More FYP tokens when profit sharing is calculated = higher proportion of profits.

Every three months, the profits will be distributed to FYP Token owners in proportion to their ownership of Tokens. The payout will be sent in ETH by default.

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

[thomoak]

Coinomi ask for Contract ABI when I'm trying to add new token...can you help me?

In a nutshell, that's how you find the Contract ABI:

From the Token's etherscan.io page, click on the Contract Address.
In the address page, click on the Contract Source tab, and scroll down to the ABI text.
Copy paste the entire text to the Contract-ABI line of Coinomi.

Thank you. How I can transfer FYP on my MEW wallet?

[poordeveloper]

Can we have the tokens stored anywhere and still receive the 50% profit share?

And how? I mean how can we get paid the revenue share if the tokens are not stored in your wallet?

Your FYP Tokens have to be stored in the wallet where you want to receive your share of the profits. The profit sharing will be calculated based on the number of FYP tokens owned when the calculation occurs. More FYP tokens when profit sharing is calculated = higher proportion of profits.

Every three months, the profits will be distributed to FYP Token owners in proportion to their ownership of Tokens. The payout will be sent in ETH by default.

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

So we will receive the payouts in ETH. When will the exchange from other cryptocurrencies to ETH take place, on each exchange itself or before payouts?

[coindoctor]

Coinomi ask for Contract ABI when I'm trying to add new token...can you help me?

What is ABI?

[poordeveloper]

Coinomi ask for Contract ABI when I'm trying to add new token...can you help me?

What is ABI?

https://ethereum.stackexchange.com/questions/234/what-is-an-abi-and-why-is-it-needed-to-interact-with-contracts

[Flypme]

Coinomi ask for Contract ABI when I'm trying to add new token...can you help me?

In a nutshell, that's how you find the Contract ABI:

From the Token's etherscan.io page, click on the Contract Address.
In the address page, click on the Contract Source tab, and scroll down to the ABI text.
Copy paste the entire text to the Contract-ABI line of Coinomi.

Thank you. How I can transfer FYP on my MEW wallet?

FYP can be transferred from one address to another once the token sale is complete (21 October 2017 or when the cap is reached).

[Flypme]

Can we have the tokens stored anywhere and still receive the 50% profit share?

And how? I mean how can we get paid the revenue share if the tokens are not stored in your wallet?

Your FYP Tokens have to be stored in the wallet where you want to receive your share of the profits. The profit sharing will be calculated based on the number of FYP tokens owned when the calculation occurs. More FYP tokens when profit sharing is calculated = higher proportion of profits.

Every three months, the profits will be distributed to FYP Token owners in proportion to their ownership of Tokens. The payout will be sent in ETH by default.

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

So we will receive the payouts in ETH. When will the exchange from other cryptocurrencies to ETH take place, on each exchange itself or before payouts?

The exchange from other cryptocurrencies to ETH take place before the payouts and FYP Token owners will be able to request payouts in other cryptos supported by flyp.me by signing a message with their FYP Token holding key.

[poordeveloper]

Can we have the tokens stored anywhere and still receive the 50% profit share?

And how? I mean how can we get paid the revenue share if the tokens are not stored in your wallet?

Your FYP Tokens have to be stored in the wallet where you want to receive your share of the profits. The profit sharing will be calculated based on the number of FYP tokens owned when the calculation occurs. More FYP tokens when profit sharing is calculated = higher proportion of profits.

Every three months, the profits will be distributed to FYP Token owners in proportion to their ownership of Tokens. The payout will be sent in ETH by default.

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

So we will receive the payouts in ETH. When will the exchange from other cryptocurrencies to ETH take place, on each exchange itself or before payouts?

The exchange from other cryptocurrencies to ETH take place before the payouts and FYP Token owners will be able to request payouts in other cryptos supported by flyp.me by signing a message with their FYP Token holding key.

I assume this will be making use of your own exchange engine, of course.

Is the infrastructure to exchange ERC20 tokens in your platform planned in your roadmap?

[thomoak]

Is the infrastructure to exchange ERC20 tokens in your platform planned in your roadmap?

I believe Flyp do it

[gawajn]

Lately many new exchanges are emerging, but i like the idea of the accoutnless exchange and 50% profit sharing
Is the ratio coin exchange ratio determined when the user sends the coins or when the coins are confirmed on the blockchain?

[Retired]

Lately many new exchanges are emerging, but i like the idea of the accoutnless exchange and 50% profit sharing
Is the ratio coin exchange ratio determined when the user sends the coins or when the coins are confirmed on the blockchain?

I would bet for the last option. I was wrong.

[Flypme]

Can we have the tokens stored anywhere and still receive the 50% profit share?

And how? I mean how can we get paid the revenue share if the tokens are not stored in your wallet?

Your FYP Tokens have to be stored in the wallet where you want to receive your share of the profits. The profit sharing will be calculated based on the number of FYP tokens owned when the calculation occurs. More FYP tokens when profit sharing is calculated = higher proportion of profits.

Every three months, the profits will be distributed to FYP Token owners in proportion to their ownership of Tokens. The payout will be sent in ETH by default.

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

So we will receive the payouts in ETH. When will the exchange from other cryptocurrencies to ETH take place, on each exchange itself or before payouts?

The exchange from other cryptocurrencies to ETH take place before the payouts and FYP Token owners will be able to request payouts in other cryptos supported by flyp.me by signing a message with their FYP Token holding key.

I assume this will be making use of your own exchange engine, of course.

Is the infrastructure to exchange ERC20 tokens in your platform planned in your roadmap?

Flyp.me aims to promote innovation within the crypto space and will prioritize R&D in the latest technology improvements like ERC20 on the Ethereum network and 2nd layer solution for cryptocurrency network.

[ICOs]

How do you manage funds? Do you have multisignature wallets, cold wallets, etc?