🌟🌟🚀[ANN][PRESALE] Snapup -Big announcement is Here 🌟 🚀

[Heimer]

I also read your white papers couple of days back. But I am not 100% sure, whether I have really understood your concept. With the hidden biddings on a specific product you actually allow a manufacture of goods/services to define the "real" market value of a specific good. What happens, if the price is so low, that potential margin is not paying off production costs?

In the current market structures all the "middle man" contributing with their marketing efforts. Yes your approach leaves obviously those behind and and you as manufacture saves money by avoiding margin loses (disruptive industry). And those margin "loses" occur today, as you need to pay all the middle man (Manufacture to wholeseller, wholeseller to retailer retailer to endcustomer). But this you can have already through a simple online shop.

So what is actually the advantage for manufactures? The advantages for end-user is probably clear, as it provides the promise to get goods for a cheaper price. But the user story for manufactures is not really clear to me. And with that, how do you want convince manufactures to get on your platform?

If I put it in simple words, the community buying will make a product cheaper for end user.The manufacturer may or may not sell us at discounted price (though if he gets lots of buy order from our platform, he has to) but end user will always get it cheaper because all the participants in the event paid for it.Hope that address some of your concerns, if not or if you have more questions, you can join us on Slack or on Telegram
Good luck

for manufacturer,if the platform have so many user,they will glade to sell their goods in the platform.
by selling goods in platform,they also can saving money such as shipping, advertise....!

They will be paying full price to manufacturer (maybe they'll have some discount as snapup grows). Everything is nicely explained in white paper   

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[Wapinter]

When will the ICO take place?

ICO is currently running. You can participate in it at:
https://ico.snapup.biz
Currently there is 20% bonus so you will get 20% more tokens at the same price

I meant the ICO. Currently the project is in pre-ICO

Ico details will be announced soon

[Rigorous]

by selling goods in platform,they also can saving money such as shipping

Um no, at least in the first phase Snapup will be drop shipping. That means Snapup doesn't keep products in stock, but sends the money and winner's address to the retailer/manufacturer. Besides, shipping is moot since it's the customer who pays for it either way.

[the_donald]

What discounts can the users expect?

Up to 90%
Thats a good reason to buy some SnapCoins. Getting those premium products very cheap like the Snappies now

wow man, 90%? I'm gonna buy a freakin' beast of a graphics card.

[ubercool]

What discounts can the users expect?

Up to 90%
Thats a good reason to buy some SnapCoins. Getting those premium products very cheap like the Snappies now

wow man, 90%? I'm gonna buy a freakin' beast of a graphics card.

I think that was an intended pun mate. The sale is still going on and grab the snapcoins with a bonus when you have the opportunity. They already started drop shipping with the first iPhone7 to the lucky winner. Cant wait to order my premium products, already got the snapcoins.

[Retired]

What discounts can the users expect?

Up to 90%
Thats a good reason to buy some SnapCoins. Getting those premium products very cheap like the Snappies now

Just wondering, won't you need a gambling license?

[germsite]

What is the current status of the ICO?

[Retired]

What is the current status of the ICO?

They're in the pre-ICO.

[tiger5056]

What is the current status of the ICO?

current bonus is 20%. buy now in pre-sale

[Rigorous]

What discounts can the users expect?

Up to 90%
Thats a good reason to buy some SnapCoins. Getting those premium products very cheap like the Snappies now

Just wondering, won't you need a gambling license?

I've googled around a bit and found that some sites work around that by implementing an element of skill. A few days ago there was an article on Coindesk about that method:

https://www.coindesk.com/game-skill-us-markets-tech-provider-launches-bitcoin-betting-game/

In Snapup's case one could argue that the auction part and Karma system require skill.

[snapup]

What discounts can the users expect?

Up to 90%
Thats a good reason to buy some SnapCoins. Getting those premium products very cheap like the Snappies now

Just wondering, won't you need a gambling license?

I brought that up a couple of times, I'd have to browse back to see if I ever got an answer to that question.

I've also googled around a bit and found that some sites work around that by implementing an element of skill. A few days ago there was an article on Coindesk about that method:

https://www.coindesk.com/game-skill-us-markets-tech-provider-launches-bitcoin-betting-game/

In Snapup's case one could argue that the auction part and Karma system require skill.

Snapup doesn't legally configure itself as a lottery.
Nobody is buying tickets, there are no prizes assigned.

We have thoroughly studied the matter over the course of many years(me and Carmine started developing the concept in 2012)
and have worked with various lawyers to find a solution that allowed us to have such a mechanism, without falling in all the limitations that lotteries and contests have.

Alex - CEO @ Snapup ltd.

[snapup]

"Rigorous
Did you get the Iphone?  

[bitcoin-shark]

tomorrow is the last day of pre-sale so investors and whales hurry up bons of 20% bonus is about to expire,i will also partecipate with a little investment...

[Mazt rhiezt]

tomorrow is the last day of pre-sale so investors and whales hurry up bons of 20% bonus is about to expire,i will also partecipate with a little investment...

That's right because the project is very promising visible from the team's hard work in promotion and answered all questions very clearly.
Surely many investors will be interested in this project and you are not wrong to take the step of investing the slightest or even thousands of tokens from this project.

[Retired]

18 hours remaining.

[Heimer]

What discounts can the users expect?

Up to 90%
Thats a good reason to buy some SnapCoins. Getting those premium products very cheap like the Snappies now

Just wondering, won't you need a gambling license?

You're trolling or what? What gambling license. They are legitimate online shop with lottery system. I've got weird feeling that you didn't even bothered to read whitepaper...

[Retired]

What discounts can the users expect?

Up to 90%
Thats a good reason to buy some SnapCoins. Getting those premium products very cheap like the Snappies now

Just wondering, won't you need a gambling license?

You're trolling or what? What gambling license. They are legitimate online shop with lottery system. I've got weird feeling that you didn't even bothered to read whitepaper...

Not trolling. But as the owners themselves said, if it's 100% lottery, it's gambling, so they added things that require skill.

[snapup]

What discounts can the users expect?

Up to 90%
Thats a good reason to buy some SnapCoins. Getting those premium products very cheap like the Snappies now

Just wondering, won't you need a gambling license?

You're trolling or what? What gambling license. They are legitimate online shop with lottery system. I've got weird feeling that you didn't even bothered to read whitepaper...

Not trolling. But as the owners themselves said, if it's 100% lottery, it's gambling, so they added things that require skill.

Please don't get confused. Our system doesn't require any addition since it doesn't legally configures itself as a lottery.
No skill involved to join a Snapup. 

Snapup is a bid auction with an assignation process based on meritocracy.
No lotteries nor gambling involved.

We want to stress on this one otherwise people might get this wrong.

- Snapup Team

[Retired]

Understood, awesome

[Voltaje]

What discounts can the users expect?

Up to 90%
Thats a good reason to buy some SnapCoins. Getting those premium products very cheap like the Snappies now

Just wondering, won't you need a gambling license?

I brought that up a couple of times, I'd have to browse back to see if I ever got an answer to that question.

I've also googled around a bit and found that some sites work around that by implementing an element of skill. A few days ago there was an article on Coindesk about that method:

https://www.coindesk.com/game-skill-us-markets-tech-provider-launches-bitcoin-betting-game/

In Snapup's case one could argue that the auction part and Karma system require skill.

Snapup doesn't legally configure itself as a lottery.
Nobody is buying tickets, there are no prizes assigned.

We have thoroughly studied the matter over the course of many years(me and Carmine started developing the concept in 2012)
and have worked with various lawyers to find a solution that allowed us to have such a mechanism, without falling in all the limitations that lotteries and contests have.

Alex - CEO @ Snapup ltd.

That I can agree on, the one who gets the product is chosen by luck, only increasing the chances of winning if you are active in participation, which will get you more tokens, so you need skills and work for it, you just don't buy tokens and wait it out, the system won't choose you only for that, and if you buy 99% of the tokens required to get a lOT of KARMA then you will end up paying almost the full amount, and worse, your karma will disappear completely, so you will be in a loss, with all this, I can hardly see this platform as a gambling site, it doesn't have much gambling except for the small luck factor that is put into it, which can be compensated anyway.