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Author Topic: [ANN] PayPie - Blockchain-Powered Risk Assessment  (Read 109504 times)
Rigorous
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September 13, 2017, 01:16:51 PM
 #1201

Here is a non-exaustive list of the disadvantages of having an accountant

He will not let you do anything.
It has a cost since you have to pay a fee.
It requires you to respect your statutory deadlines for VAT returns.
It requires you to keep track of filing procedures that are sometimes somewhat restrictive.
 
Managing your own business accounting is real pain in the a@% Its good that we will be able to use company from crypto world

Paypie doesn't automatically eliminate the pain in the ass involved in accounting your liquidities, liabilities and loss. It's basically an accounting platform on the block-chain. So the advantage it offers is the transparent info but you still have to input those info into the ledger. it's doesn't automatically do your job for you. Just saying.

Maybe that's not so much a flaw that can be accounted to PayPie, but to the world at large where many things are untraceable and unverifiable. Ironically despite PayPie claiming to build a "trustful credit risk score" I think it's actually a step towards a trust-minimized blockchain world where "trust" is no longer another word for "guess".
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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bitsurfer2014
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September 13, 2017, 01:29:34 PM
 #1202

The company I'm working for uses Peachtree 2008 which is from Sage and I wonder if I could connect it to PAYPIE? And will there be any fee for such connection?
Rigorous
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September 13, 2017, 01:46:54 PM
 #1203

The company I'm working for uses Peachtree 2008 which is from Sage and I wonder if I could connect it to PAYPIE? And will there be any fee for such connection?

Whitepaper mentions Sage, but the way the sentence is worded doesn't make it a complete, confirmed list. But at least Sage is mentioned.

API integration with likes of Xero, QBO, Sage, SAP, NetSuite, etc. will make real time financial and credit risk assessment based on triple-entry blockchain immediately available worldwide.
toolucky98
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September 13, 2017, 02:20:36 PM
 #1204

I just heard that some old-school insurance companies that teamed up in B3i (Blockchain Insurance Industry Initiative) are going to roll out a blockchain technology beta for credit risk management.

http://www.insurancebusinessmag.com/us/news/breaking-news/insurance-giants-join-forces-as-blockchain-prototype-debuts-78510.aspx

Which means they are a direct competitor?

I am not sure about it's a direct competitor cause one of then is accounting based the other one ise insurance. But if it's, that's not a bad thing.

Market is already very big for just one company and competiton cause companies to perform better.

Not exactly. Traditional companies need much more time to achive something. They are obsolete and old minded so they won't be able to compete with Paypie soon

Very valid point made by Heimer. They always have to cope with their old infrastructure first to then implement new infrastructure. Not a problem that Paypie will have to deal with.
And thats how google has beaten yahoo in mailing business. Im sorry, no offense, but i wont be closed-minded.

What do you precisely mean by that? Sorry for being a little bit lazy here with critical thinking, but please explain what you mean quickly.
Im sorry it will be out of topic, and also waste my time if you cant get it. But if you read carefully your reply and then my reply (the point) you will get it, but if you still dont get it then i cant help you. read more information about yahoo (before they bankrupt) and google.
beatecoin
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September 13, 2017, 02:44:50 PM
 #1205

What price on ICO for 1 token?
~$.33 usd each, iirc.

How much tokens in total? And what hardcap and softcap?

A total of 110,000,000 tokens is available, but only 82,500,000 will be sold. The rest is for team, bounties, etc.

Afaik, they haven't announced yet any ICO details such as softcap/hardcap.

Not a very big percentage of what you're talking about. Some projects leave 60% of the tokens for the team. This is a normal rate when you look at all the other projects.
the_donald
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September 13, 2017, 02:51:03 PM
 #1206

What price on ICO for 1 token?
~$.33 usd each, iirc.

How much tokens in total? And what hardcap and softcap?

A total of 110,000,000 tokens is available, but only 82,500,000 will be sold. The rest is for team, bounties, etc.

Afaik, they haven't announced yet any ICO details such as softcap/hardcap.

Not a very big percentage of what you're talking about. Some projects leave 60% of the tokens for the team. This is a normal rate when you look at all the other projects.

I think it's the average amount that ICO's usually reserve for the team. It's fair enough really and an incentive to do good work.

levyashin
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September 13, 2017, 02:57:31 PM
 #1207

Paypie is drawing more and more attention. Even little bloggers about crypto is writing something about paypie.

I just saw this review.

http://bitbillions.net/2017/09/13/altcoin-review-paypie-revolutionizing-the-financial-service-sector-part-1/


Paypie gained good momentum and if they can hold it until the ico, funding can reach their target easily.

weredo911
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September 13, 2017, 03:09:21 PM
 #1208

Paypie is drawing more and more attention. Even little bloggers about crypto is writing something about paypie.

I just saw this review.

http://bitbillions.net/2017/09/13/altcoin-review-paypie-revolutionizing-the-financial-service-sector-part-1/


Paypie gained good momentum and if they can hold it until the ico, funding can reach their target easily.
1 month before ICO open but see many people care about paypie

I have pretended to be mentally retarded for seven years.
PS92
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September 13, 2017, 03:15:36 PM
 #1209

What a nice project. I believe I missed that but if PPP is available on exchanges? Which ones?
You haven't missed it.ICO is scheduled on 15 October.PPP will be available on some big exchanges but not cheaper than ICO price  Wink

You can't say that. If there's no demand, IT WILL GO below ICO price.

It's a decision for investment.

If you think there will be good demand then you invest and you expect for never see ico price again (in positive way).

If you think otherwise don't invest and expect to see ico price was too much.


My opinion paypie is great project and never will see its ico price after the launch. But that's my decision. Make your own Wink

You're absolutely right about that, it looks like a great project/investment, I just thought you were garantueeing Vladdani that it wouldn't go below ICO price.

magisterr
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September 13, 2017, 03:26:48 PM
 #1210

What price on ICO for 1 token?
~$.33 usd each, iirc.

How much tokens in total? And what hardcap and softcap?

A total of 110,000,000 tokens is available, but only 82,500,000 will be sold. The rest is for team, bounties, etc.

Afaik, they haven't announced yet any ICO details such as softcap/hardcap.

27 millions usd hard cap? Not bad... We have potencial to growing  Roll Eyes
Voltaje
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September 13, 2017, 03:26:59 PM
 #1211

What price on ICO for 1 token?
~$.33 usd each, iirc.

How much tokens in total? And what hardcap and softcap?

A total of 110,000,000 tokens is available, but only 82,500,000 will be sold. The rest is for team, bounties, etc.

Afaik, they haven't announced yet any ICO details such as softcap/hardcap.

Not a very big percentage of what you're talking about. Some projects leave 60% of the tokens for the team. This is a normal rate when you look at all the other projects.

I think it's the average amount that ICO's usually reserve for the team. It's fair enough really and an incentive to do good work.

Usually, the percentage for the team is between 20% to 30%, if more than this, then the team is greedy, or they don't have much faith in their project, paypie team will recieve the normal amount, wich will be a lot in the future, so no problems about it.
iad_xo
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September 13, 2017, 03:33:50 PM
 #1212

What price on ICO for 1 token?
~$.33 usd each, iirc.

How much tokens in total? And what hardcap and softcap?

A total of 110,000,000 tokens is available, but only 82,500,000 will be sold. The rest is for team, bounties, etc.

Afaik, they haven't announced yet any ICO details such as softcap/hardcap.

Not a very big percentage of what you're talking about. Some projects leave 60% of the tokens for the team. This is a normal rate when you look at all the other projects.

I think it's the average amount that ICO's usually reserve for the team. It's fair enough really and an incentive to do good work.

Usually, the percentage for the team is between 20% to 30%, if more than this, then the team is greedy, or they don't have much faith in their project, paypie team will recieve the normal amount, wich will be a lot in the future, so no problems about it.

i do not think that is issues if they actively work on road maps as promised in project.
FIEX
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September 13, 2017, 03:44:48 PM
 #1213

Paypie is drawing more and more attention. Even little bloggers about crypto is writing something about paypie.

I just saw this review.

http://bitbillions.net/2017/09/13/altcoin-review-paypie-revolutionizing-the-financial-service-sector-part-1/


Paypie gained good momentum and if they can hold it until the ico, funding can reach their target easily.

That's a real good thing!
People need to see this project and know about it before the ICO. So they have time to investigate and learn all about this great project.

First I wasnt convienced but after reading through this thread and watched some video's, I was convienced and this is a huge platform.
Cant wait for the ICO to start Smiley
magisterr
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September 13, 2017, 03:55:12 PM
 #1214

What price on ICO for 1 token?
~$.33 usd each, iirc.

How much tokens in total? And what hardcap and softcap?

A total of 110,000,000 tokens is available, but only 82,500,000 will be sold. The rest is for team, bounties, etc.

Afaik, they haven't announced yet any ICO details such as softcap/hardcap.

Where you take this amount of tokens? I see another amount on the 1-st page

Quote
How many tokens will be minted in total including crowdsale, reserve, and team?
The ultimate total amount of tokens minted is 165,000,000.

So, how many tokens for sale?
iad_xo
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September 13, 2017, 03:59:22 PM
 #1215

do we have details regarding pre-ico or ICO yet? Project is looks nice. love to get auto generate revenue stream...
machiavelli
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September 13, 2017, 03:59:35 PM
 #1216

Is there a prototype available?
magisterr
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September 13, 2017, 04:16:07 PM
 #1217

Is there a prototype available?

You mean demo version? No yet. But I hope demo version will be avaliable soon...  May be devs give to us answer - where ll be demo?  Huh
Elkmar
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September 13, 2017, 04:23:09 PM
 #1218

Just saw that you guys go on tokenmarket recently, there seems to be some good traction, and we're one month way from the ICO launch  Smiley
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September 13, 2017, 04:28:01 PM
 #1219

https://twitter.com/AndreasBTC/status/902221087265705984 nice promotional video for paypie. There are three part. interesting project
Jay2408
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September 13, 2017, 04:29:07 PM
 #1220

What price on ICO for 1 token?
~$.33 usd each, iirc.

How much tokens in total? And what hardcap and softcap?

A total of 110,000,000 tokens is available, but only 82,500,000 will be sold. The rest is for team, bounties, etc.

Afaik, they haven't announced yet any ICO details such as softcap/hardcap.

Where you take this amount of tokens? I see another amount on the 1-st page

Quote
How many tokens will be minted in total including crowdsale, reserve, and team?
The ultimate total amount of tokens minted is 165,000,000.

So, how many tokens for sale?

You're right, I forgot the reserve of 55,000,000 PPP they will mine to keep which makes 165,000,000 tokens in total.

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