chaoscoinz
Sr. Member
 Offline
Activity: 1150
Merit: 260
☆Gaget-Pack☆
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August 19, 2017, 11:47:43 PM |
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Be realistic guys. Alibaba is a giant. Snapup new in the market. They dont have chance to competition with Alibaba. But they can make parthership with them  Alibaba is also centralized. Snapup is a decentralized penny auction / amazon styled platform, running on Snapup erc20 tokens. Tokens double as assets and will have liquidy. Can Alibaba match that?  |
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Trrrt
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August 20, 2017, 12:31:07 AM |
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Yes alibaba amazon and others big retailers are not concurrence, they are potential partners but they haven't the same business model. Snapup is totaly different than these big retailers, the price will be very low not like amazon price, but you won't have your desired product at each time.
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Heimer
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August 20, 2017, 01:18:15 AM |
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Be realistic guys. Alibaba is a giant. Snapup new in the market. They dont have chance to competition with Alibaba. But they can make parthership with them Alibaba is also centralized. Snapup is a decentralized penny auction / amazon styled platform, running on Snapup erc20 tokens. Tokens double as assets and will have liquidy. Can Alibaba match that? Alibaba won't need to match Snapup, it's totally different economic model and even industry. @devs are you planning next q&a soon? |
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sebastianpenguen
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August 20, 2017, 01:18:35 AM |
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Amazon and Foot Locker are important for snapup. I'm not sure whether they can make a deal with Amazon due to the legal restrictions. If devs clarifies this, it would be nice.
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areschen
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August 20, 2017, 01:36:30 AM |
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Be realistic guys. Alibaba is a giant. Snapup new in the market. They dont have chance to competition with Alibaba. But they can make parthership with them Alibaba is also centralized. Snapup is a decentralized penny auction / amazon styled platform, running on Snapup erc20 tokens. Tokens double as assets and will have liquidy. Can Alibaba match that? But the most different thing is : They are totally different business model , Snapup maybe need may some goods from Alibaba & amazom , They are partner. Suapup is not a E-Commerce system ， It's more like a lottery system. |
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alaijablai
Member
Offline
Activity: 62
Merit: 10
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August 20, 2017, 01:50:27 AM |
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It's a very good project for us to join in the existing community and to purchase tokens at presale is what we wait for on August 28th. And I believe this is a very good project for us to make an investment. thanks so much.
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dimifi
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August 20, 2017, 02:06:02 AM |
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Dont miss guys this is the rare opportunity to invest into the realy good project ! there will be a lot of regrets after this is over. Devs are active, project are solid(and we even can see the demo what usualy is just the concept in paper)!  im eagerly waiting for this |
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Thirdspace
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August 20, 2017, 02:13:04 AM |
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how much the presale price per SNP will be? I couldn't find it on the ico site.
and by having SNP token/coin, what can we do with it (I'm too lazy to dl whitepaper)
do these tokens entitled us share profits? rights for special price? or simple use to buy an item?
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Bambulee
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August 20, 2017, 02:20:48 AM |
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how much the presale price per SNP will be? I couldn't find it on the ico site.
and by having SNP token/coin, what can we do with it (I'm too lazy to dl whitepaper)
do these tokens entitled us share profits? rights for special price? or simple use to buy an item?
1 SNP = 0.38 USD |
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areschen
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August 20, 2017, 02:30:46 AM |
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The premium product Will not be sent by Snapup directly, they said in the live that the retailer will handle the shipping direcly. Cause they have no stock and Snapup is the platform for win the product. But its great too, big retailers have good delivery services and can easily ship in few days. And with that Snapup doesn't need to manage stock, which is good cause its very expensive, they can invest more in the platform and partnership than in shipping and stock !
the shipping is important! if the shipping delay to long or damage the goods， it will also affect the platform! totally agree， International logistics is very slow，and Customs needs clearance ，If you need to pay tariffs, this is also a big trouble. I think different country have different Legal terms |
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toolucky98
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August 20, 2017, 02:38:57 AM |
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how much the presale price per SNP will be? I couldn't find it on the ico site.
and by having SNP token/coin, what can we do with it (I'm too lazy to dl whitepaper)
do these tokens entitled us share profits? rights for special price? or simple use to buy an item?
1 SNP = 0.38 USD If youre too laze to read the whitepaper, i want to suggest you this link : https://icobench.com/ico/snapup. Simple and well organized snapup information  |
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Pajulapoiss
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August 20, 2017, 03:03:19 AM |
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From whitepaper about the luck side:
Long story short: The more you are an active user on the platform, and the closer
to 20% of the retail price of the product you are willing to pay, the higher your
chances are to be the assignee for that Snap.
Our algorithm is carefully calibrated to:
• Reward the participants with the most Karma Points, but not so much that
they are the only ones who have a chance to win.
• Reward the participants who are willing to pay more for the product while
still leaving good chances for people who are willing to pay less.
• Ensure that virtually everybody will get the reward after a few interactions,
because users keep collecting Karma Points proportionally as long as they
don’t win a Snap. When they do win, their counter is set back to zero
When there's gonna be 300 participants in one auction, and one of them will get their product.
Does that mean, that in avarage you have to take part in 300 auctions, to finally get a product? But the more active you are, the more karma points you get, which increases the probability, but that is also the same for all the other users... So to participate in the draw you have to put in 1€ worth of snapcoins, x300.
So what is the probability of getting a win going to be in real life?
There's something about this that I dont understand, and I cant put my finger on it.
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pynetx
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August 20, 2017, 03:47:00 AM |
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Hearing a lot of good things about the project and presale but, still to hear about quality process when the product will be rolled out to general public.
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chichidori
Legendary
Offline
Activity: 1694
Merit: 1003
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August 20, 2017, 03:58:34 AM |
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The Luck Side from white paper is explaining how everyone have a chance to win a product and ensuring you that if you participated on each bidding and raise your karma eventually you will win something, the question is how much will you spend and for how long.
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brendan6498011
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August 20, 2017, 04:23:06 AM |
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win a product is on side, join the projects now may take huge profits!
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hdasd
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August 20, 2017, 05:33:01 AM |
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this project looks pretty good ,I want join the pre-ICO
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digaran2
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August 20, 2017, 06:43:15 AM |
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this project looks pretty good ,I want join the pre-ICO
THE PRESALE WILL START on Monday August 28th 2017 12:30 UTC+2 ! so if u want join, pay attention to the time, it maybe sold out in few minutes! |
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magisterr
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August 20, 2017, 06:52:33 AM
Last edit: August 20, 2017, 07:33:12 AM by magisterr |
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Be realistic guys. Alibaba is a giant. Snapup new in the market. They dont have chance to competition with Alibaba. But they can make parthership with them Alibaba is also centralized. Snapup is a decentralized penny auction / amazon styled platform, running on Snapup erc20 tokens. Tokens double as assets and will have liquidy. Can Alibaba match that? Alibaba is an old and biggest player on the market. But they have a lot of cheap product, and this is nice way yo partnering, dropshiping |
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