Zempa (OP)
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MoonRunner.io
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September 06, 2017, 01:44:21 AM |
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Great, thank you!
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Retired
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September 06, 2017, 01:47:35 AM |
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I think that, while the project is difficult to understand at first, has lots of potential.
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Tactical Genius
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Leading Cryptocurrency and Blockchain Company
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September 06, 2017, 01:56:08 AM |
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I haven't understood the whole concept very well after reading the problem you seek to solve.Maybe this question i have can help me understand better.So invariably you mean to say the solution to the current problem is a pooled fund where some one can access another person's funds and payback later or?pardon me but i didnt quite catch the drift
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Tactical Genius
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Leading Cryptocurrency and Blockchain Company
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September 06, 2017, 01:57:51 AM |
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I think that, while the project is difficult to understand at first, has lots of potential.
Thank goodness Im not alone i tried to understand it but couldnt really understand the whole concept maybr some videos can explain it
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Retired
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September 06, 2017, 02:23:21 AM |
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I think they should add these videos to the OP
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Zempa (OP)
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MoonRunner.io
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September 06, 2017, 04:45:44 AM |
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That image should explain things pretty well. As was said earlier, you can't use a sum of another currency that is greater than the sum of another currency you already own as you will ultimately pay back the contributor of the currency you used instantly with the currency you have. Maybe take coins out of the picture. Imagine having a piece of chicken that weighs ten ounces. You want to trade it for a box of matches but the seller will only accept 10 ounces of jelly beans. You buy the matches using someone elses jelly beans and give them your chicken...make more sense? As for exchanging the Zempa Coins from the seed phase token sale for the ERC-20 Zempa, we will likely set it up through the WAVES dex by putting the Zempa on sale at half the price of Zempa Coins and everyone will be able to purchase them with Zempa Coins. We may utilize another method but for now that is the plan.
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Jcga
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September 06, 2017, 08:13:21 AM |
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Zempa (OP)
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Activity: 140
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MoonRunner.io
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September 07, 2017, 01:57:26 AM |
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Added an updated Spreadsheet to OP listing current translations and needed translations.
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Zempa (OP)
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September 08, 2017, 02:45:27 AM |
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Id like to get a list of questions from followers on things that you may or may not understand moving forward to help others. 53 days and counting and it seems like some still dont quite understand the problem Zempa is solving. It reads a bit confusing.
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Fire Rabbit
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BabelFish - FISH Token Sale at Sovryn
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September 10, 2017, 01:29:37 PM |
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Interesting project. So zempa can be used for purchasing goods also in future. That's really good. It took me half an hour to understand this project. But its really a good project . But on what basis zempa will be issued to user B? I mean on what basis you are going to reward UserB ,in Zempa for having the desired currency available
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johnnarmst
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September 10, 2017, 01:34:19 PM |
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Zempa is a good site for harvesting vaste profit.
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Zempa (OP)
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Merit: 100
MoonRunner.io
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September 10, 2017, 03:04:00 PM |
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Interesting project. So zempa can be used for purchasing goods also in future. That's really good. It took me half an hour to understand this project. But its really a good project . But on what basis zempa will be issued to user B? I mean on what basis you are going to reward UserB ,in Zempa for having the desired currency available
Zempa will be issued to contributing users based on the demand score of a currency. The demand score will be established based on market cap, price potential and other factors that will be updated constantly. Zempa is meant to offset potential losses to a contributor for having currency of theirs used by another user in exchange for a potentially less valuable coin (they would be equally valuable sums on the time of the transaction but one may be poised to increase in value that day over the other).
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Sheckley
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September 11, 2017, 01:32:08 PM |
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At a first glimp I didn't really understand how the thing works. I'll try with the whitepaper. Will you have also social bounties?
I would have included images to show certain things but I'm not able to yet. To try and explain here most easily:Users deposit cryptocurrencies into their Zempa Universal Wallet. Using their GUI, they can select which currencies they want to contribute to the Pool to be used by others. User A deposits $400 worth of Currency A into the Universal Wal let as well as other currencies. They select Currency A to be accessible by the system for transactions. User B deposits $600 worth of Currency B into the Universal Wallet and selects their currency to be accessible by the system for transactions. User A initiates a transaction online requiring Currency B, which they do not currently own as confirmed by the system first. The system calls the Universal Wallet to locate an available sum of that currency matching User A’s desired amount. The system then calculates User A’s current holdings against the current market value to ensure they can replenish the value of the desired currency’s value, wherever it may come from. Once User A’s holding value is confirmed, the system looks to internal stock of the desired currency to complete the initiated transaction. If the internal stock is depleted, the system looks to contributing user holdings for the desired currency at which point User B’s available Currency B is calculated against current market value. Once the desired sum of Currency B has been discovered and calculated, the transaction is completed on behalf of User A. The value of Currency B is reassigned from User A in Currency A to User B as well as a reward in Zempa for having the desired currency available. User B may then go to the ZempaCoin.com business directory to spend their hard earned rewards on products or services at a discounted price, hold them or trade them on various exchanges. User A saved a great deal of timeavoiding what could be multiple transaction confirmations as well as fees typically incurred during such an exchange in order to obtain the desired token. Thank you, this is a very good and clear short explanation!
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Zempa (OP)
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MoonRunner.io
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September 13, 2017, 03:36:06 PM |
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Thank you. We have what we expect to be a very good animated explainer video coming that should help a lot.
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Budycakrog
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September 14, 2017, 10:48:04 PM |
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new project with speasial system abput pool wallet platfrom interesting to see i think all people must to see about this project. i hope will be succes
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Retired
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September 20, 2017, 08:06:30 PM |
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Much easier
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agng27
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September 21, 2017, 01:51:57 AM |
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yes very promising if the bonus up to 100% surely many investors who join later. the concept is good and its name is also unique, good luck
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daunjuan
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September 21, 2017, 06:35:50 AM |
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Interesting project. Will keep track of it. Though most ico is btc or eth doesn't mean that's the future.
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