Pakistani Rupee (ICO started)

[anonymous2061]

What is Pakistani Rupee coin?

Pakistani Rupee converts cash into digital currency, to anchor the value to the price of national currency like the Pakistani Rupee.
100% Backed
Every Pakistani Rupee is always backed 1-to-1, by traditional currency held in our reserves. So 1 Pakistani Rupee is always equivalent to 1 Pakistani Rupee.
Blockchain Technology
Built on top of Waves Platform, providing liquidity, decentralized approach and user friendliness.

Road Map

100 Million Pakistani Rupee was issued.  Which is equal to $ 1,000,000. Or 1 Pakistani Rupee = $ .01
All 100 Million Pakistani Rupee goes for Sale on Waves Decentralized Exchange.
ICO will be available for 7 days. 
All the money Raised will immediately go towards bit more development and mass integration.
Investors will have two choices either hold their tokens and sell it themselves on participating exchanges, or we will buy back all the tokens for .02% of the price paid. For example, if you bought $1 worth or rupees you will receive $1.20 back.

How the ICO will work.

Get the Waves app from Google Chrome Store.
Create an account on the app.
Click on the 3rd icon “Waves Decentralized Exchange.”
Search Pakistani Rupee pair against waves.

[Flomess]

I don't get it, if you are going to spend the ICO money for "development" where does the reserve money come from... and why? Can you generate some kind of proof that you are currently holding 100 Mil Rupee? Where is the reserve money being held at?
I don't think that you get how percentages work "buying back all the Tokens for 0.02%" does not mean 1 -> 1.20$. In any case, why whould you buy back the Fiat pegged Tokens at 20% premium?!
Google is telling me that 1 pakistani rupee is actually 0.0095 USD. You are getting a 5% premium just like that?
Why did you choose the waves platform as the blockchain for your token? Makes little sense to me.
Who are you?


Rating: scam / 10

[anonymous2061]

I don't get it, if you are going to spend the ICO money for "development" where does the reserve money come from... and why? Can you generate some kind of proof that you are currently holding 100 Mil Rupee? Where is the reserve money being held at?
I don't think that you get how percentages work "buying back all the Tokens for 0.02%" does not mean 1 -> 1.20$. In any case, why whould you buy back the Fiat pegged Tokens at 20% premium?!
Google is telling me that 1 pakistani rupee is actually 0.0095 USD. You are getting a 5% premium just like that?
Why did you choose the waves platform as the blockchain for your token? Makes little sense to me.
Who are you?


Rating: scam / 10

Well this ICO is on an idea stage. The reserve money will come from the money I raise through the ICO.
The way i plan to pay back investors 20% premium is through fees that will be charged on our platform.
The reason I am using waves is because I am huge waves fan. Second once the money will be raised Investors will be able to trade there token on waves if they like.
Finally we are two friends who are doing this. I am computer scientist and second is a banker.
I can assure you i am not a scammer, If we don't raise enough funds I will return all of the money raised back to the investors. (you just have to take my words for it.)

Thank you.

[raoulsergia]

I can assure you i am not a scammer, If we don't raise enough funds I will return all of the money raised back to the investors. (you just have to take my words for it.)

Convinced. Ready to put in 10m lol.

[TeraBite]

I'm sure this is not a joke but it seems why OP is in hurry with incomplete project and create an asset on Waves platform. I don't think this project has any future because I don't like the idea of this kind of project where no dev team behind the this concept only one man show.

[HodlFroever]

Do you at least have a website?

[anonymous2061]

Do you at least have a website?

Honestly man.. Almost every ICO now days is just an idea. There is never any solid work done behind them. Once they raise money only then they get to development. I started with the same kind of mindset. But after getting community feedback I can understand why i could be taken as a scammer. IF i could delete this thread i would but i can't. I think i need to do some development work before i try the ICO, for now I close this the thread. If someone is dumb enough to give me money great and if not that is ok.

Thanks, this was a dumb idea this thread is closed now.

[paladium]

More information is required. Where is the team ? Have a site about the project . Didn't trust it.

[CoinManiac1]

Funny way to raise money without any innovation. Only a fool will invest. Anonymous team. Not interested.

Edit: If you do have a great idea, contact the Cofound team. They will help you if your idea is great

[Papski]

I WILL INVEST $1 BILLION FOR THIS IS GREAT AND NOT A SCAM

[raoulsergia]

Atleast have a better name... why would anyone invest in something called "pakistan"

Some people really like taking the mickey out of others


Just delete this thread and move along now. Nobody is going to invest in an "anonymous ICO" which promises to pay you back too. Lmao


Honestly this sounds like a troll attempt

Once they raise money only then they get to development

There are so many examples of projects which didnt need ICO. Just put out a good proof of concept and you will have investors.

[anonymous2061]

Atleast have a better name... why would anyone invest in something called "pakistan"

Some people really like taking the mickey out of others


Just delete this thread and move along now. Nobody is going to invest in an "anonymous ICO" which promises to pay you back too. Lmao


Honestly this sounds like a troll attempt

Once they raise money only then they get to development

There are so many examples of projects which didnt need ICO. Just put out a good proof of concept and you will have investors.

How do you delete it ?

[memii]

What is Pakistani Rupee coin?

Every Pakistani Rupee is always backed 1-to-1, by traditional currency held in our reserves. So 1 Pakistani Rupee is always equivalent to 1 Pakistani Rupee.

Well this ICO is on an idea stage. The reserve money will come from the money I raise through the ICO.

I can't understand what OP wants to convey with these two statements. Have a look at first place he gives impression that he has already money to back the digital currency but at later post which is reply he is saying from ICO money he will get reserved funds. then for development funds from where will come ?

[SwedishGirl]

What is Pakistani Rupee coin?

Every Pakistani Rupee is always backed 1-to-1, by traditional currency held in our reserves. So 1 Pakistani Rupee is always equivalent to 1 Pakistani Rupee.

Well this ICO is on an idea stage. The reserve money will come from the money I raise through the ICO.

I can't understand what OP wants to convey with these two statements. Have a look at first place he gives impression that he has already money to back the digital currency but at later post which is reply he is saying from ICO money he will get reserved funds. then for development funds from where will come ?

Obvious scam is obvious

[Gillette]

What is Pakistani Rupee coin?

Pakistani Rupee converts cash into digital currency, to anchor the value to the price of national currency like the Pakistani Rupee.
100% Backed
Every Pakistani Rupee is always backed 1-to-1, by traditional currency held in our reserves. So 1 Pakistani Rupee is always equivalent to 1 Pakistani Rupee.
Blockchain Technology
Built on top of Waves Platform, providing liquidity, decentralized approach and user friendliness.

Road Map

100 Million Pakistani Rupee was issued.  Which is equal to $ 1,000,000. Or 1 Pakistani Rupee = $ .01
All 100 Million Pakistani Rupee goes for Sale on Waves Decentralized Exchange.
ICO will be available for 7 days. 
All the money Raised will immediately go towards bit more development and mass integration.
Investors will have two choices either hold their tokens and sell it themselves on participating exchanges, or we will buy back all the tokens for .02% of the price paid. For example, if you bought $1 worth or rupees you will receive $1.20 back.

How the ICO will work.

Get the Waves app from Google Chrome Store.
Create an account on the app.
Click on the 3rd icon “Waves Decentralized Exchange.”
Search Pakistani Rupee pair against waves.

Where can we convert Pakistani Rupees to digital money?

[trustii]

Haha. This should be a joke. He creates a nonsense token, calls it a name with a coin on the end. and I wonder what he has in mind about this token, probably wet dreams.



100% Scam ....

[fedmahnkassad]

We will surely start seeing a new wave of scams, be careful mates.

[mrongoz_imut]

shitcoin 

[BekantanSejagatTeamPenipu]

you open thread without anything explain youre project
you open thread only ico selling and collect money, is bad

[anonymous2061]

Chill the fk down ppl. Its not a scam. Just a idea. I bet 90% of you have put money in garbage ICO's that just look legit. I said it myself I understand how i can be mistaken as a scammer and this thread is closed. No need to give money or anything. I will do further dev and maybe then do an ICO. For right now this thread is closed.