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coiner495
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November 24, 2017, 02:03:03 PM |
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PRP token generation completed / future token sales update[/center]
Ok, after reading all this I see one good point, one bad and one question  Somewhat bad is that bounty rewards were shrinked down to 16900. It is a rediculously small amount, taking into consideration that 2% of total PRP supply (>5M) was promised to be distributed in september's version of whitepaper. I might be making a mistake, but in August it was even 3%. But what's offered now as a bounty is 5 times less. If I have known it beforehand, I wouldn't bother participating. The other side is that not too much free tokens will be distributed, so this supply won't affect token price too much. Very good news is that all 45% will be distributed after TGE2. In case of airdrop, one can get significant share of tokens proportionally to investment. This looks motivating to invest some extra cash. Hope you won't change rules this time. And a question is about PRP not being available on ethereum mainnet. Can you explain, what does that mean to token holders? |
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coiner495
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November 24, 2017, 02:05:25 PM |
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Sir, 2% of the sold 675,543.319 PRP is 13,510 PRP, isn't it? And you write "16,888.583 PRP is allocated to the campaign bounty pool"
And When bounty distribution?
In 3 weeks after end of bounty program (December 1), according to their russian Telegram channel. 2% is calculated from total supply (including advisory board's share). 80% was sold, other 20% = 18% (for advisor) + 2% bounty. |
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papyrus.global (OP)
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November 24, 2017, 03:10:00 PM |
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PRP token generation completed / future token sales update[/center]
Ok, after reading all this I see one good point, one bad and one question Somewhat bad is that bounty rewards were shrinked down to 16900. It is a rediculously small amount, taking into consideration that 2% of total PRP supply (>5M) was promised to be distributed in september's version of whitepaper. I might be making a mistake, but in August it was even 3%. But what's offered now as a bounty is 5 times less. If I have known it beforehand, I wouldn't bother participating. The other side is that not too much free tokens will be distributed, so this supply won't affect token price too much. Very good news is that all 45% will be distributed after TGE2. In case of airdrop, one can get significant share of tokens proportionally to investment. This looks motivating to invest some extra cash. Hope you won't change rules this time. And a question is about PRP not being available on ethereum mainnet. Can you explain, what does that mean to token holders? Nice to hear really important for the ecosystem development questions! We do this in the interest of the project and token holders to create more value at the moment when we officially release tokens to exchanges. If tokens will be allowed to be transferred and traded before their official release on exchanges it creates grounds for fraud, unfair market etc with our tokens, we would like to prevent it to make TGE Round 2 efficiently. |
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coiner495
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November 24, 2017, 03:31:06 PM |
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Nice to hear really important for the ecosystem development questions!
We do this in the interest of the project and token holders to create more value at the moment when we officially release tokens to exchanges. If tokens will be allowed to be transferred and traded before their official release on exchanges it creates grounds for fraud, unfair market etc with our tokens, we would like to prevent it to make TGE Round 2 efficiently.
Does that mean, PRP won't be listed on exchanges and first opportunity to sell tokens will be after tge2 and converting to PPR? |
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vbn19
Member
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Activity: 256
Merit: 10
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November 24, 2017, 05:05:07 PM |
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1000,000,000?  So why is it so expensive? 1$?? |
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papyrus.global (OP)
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November 24, 2017, 06:08:35 PM |
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Nice to hear really important for the ecosystem development questions!
We do this in the interest of the project and token holders to create more value at the moment when we officially release tokens to exchanges. If tokens will be allowed to be transferred and traded before their official release on exchanges it creates grounds for fraud, unfair market etc with our tokens, we would like to prevent it to make TGE Round 2 efficiently.
Does that mean, PRP won't be listed on exchanges and first opportunity to sell tokens will be after tge2 and converting to PPR? You're right essentially. If you have specific questions - please ping our admins in https://t.me/papyrusglobal |
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vbn19
Member
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Activity: 256
Merit: 10
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November 24, 2017, 07:45:55 PM |
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ok you are best support realy. when papyrus will add in exchange? and wich exchanges?
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klarki
Legendary
Offline
Activity: 3276
Merit: 3727
Top Crypto Casino
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November 25, 2017, 03:37:20 AM |
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How much have they already raised funds? (in dollar equivalent)
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papyrus.global (OP)
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November 25, 2017, 03:21:47 PM |
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ok you are best support realy. when papyrus will add in exchange? and wich exchanges?
We consider several exchanges and will announce them shortly before the beginning of TGE Round 2. It supposed to be in Q1 2018. |
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papyrus.global (OP)
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November 25, 2017, 03:22:59 PM |
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How much have they already raised funds? (in dollar equivalent)
At TGE Round 1 we raised over 500k USD. At the moment it's enough for pilot integrations and first real business results, that we would like to present before TGE Round 2 to start additional fund raising. |
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paulus51
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November 25, 2017, 06:39:14 PM |
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Sir, when do you plan to start distribution of bounty rewards? I hope it will be up to TGE 2
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vbn19
Member
Offline
Activity: 256
Merit: 10
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November 26, 2017, 10:49:28 AM |
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How much have they already raised funds? (in dollar equivalent)
At TGE Round 1 we raised over 500k USD. At the moment it's enough for pilot integrations and first real business results, that we would like to present before TGE Round 2 to start additional fund raising. ok thanks you are is very good admin . i will wait i have 130 prp |
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IgorShumilo
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November 26, 2017, 06:15:41 PM |
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Dear administrator, please tell me when the reward for the program is distributed. I participate in it from the very beginning and still do not understand how much I will get for my work!
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IgorShumilo
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November 26, 2017, 06:18:19 PM |
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Dear administrator, please tell me when the reward for the program is distributed. I participate in it from the very beginning and still do not understand how much I will get for my work!
In the bounty Twitter is involved about 1000 people, tell me, will all receive the same number of tokens or will be shared as it is? |
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papyrus.global (OP)
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November 26, 2017, 06:48:41 PM |
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Dear administrator, please tell me when the reward for the program is distributed. I participate in it from the very beginning and still do not understand how much I will get for my work!
In the bounty Twitter is involved about 1000 people, tell me, will all receive the same number of tokens or will be shared as it is? Hi! Distribution of bounty will be after the end of all bounty programs (1st December). We update the public table for all participants soon so that you have a chance to see the number of tokens you'll receive. |
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papyrus.global (OP)
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November 26, 2017, 06:49:18 PM |
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Sir, when do you plan to start distribution of bounty rewards? I hope it will be up to TGE 2
Shortly after the end of bounty campaign (1st December) |
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Emerphesis2
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November 27, 2017, 07:50:33 AM |
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Why I had been marked as "fake" in your big private table? My ID is 21 on fb list.
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NetFreak199
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November 28, 2017, 10:49:01 AM |
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cool stickers! This could be done in the framework of the bounty campaign, or you did it just right? |
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