[ANN] [ICO][COP] CopPay - cryptofying your business

[ConPay]

And so I studied the white paper.
1) 2% why such a big commission, with bank transfers the maximum commission is 1.5%?
2) How will tokens be used functionally in addition to purchases of paid services on the network and vouchers?
3) Which crypto-currencies at the initial stage are planned to implement?
4) Why do 45% of all tokens go to developers? (a bit too much in my opinion)

Hello! thanks for good questions! Let's look
1) are you talking about transaction fees or exchange commission? In CopPay there is no transaction fee at all (while in traditional banking they can be up to 7%). In CopPay there is 2% exchange commission paid by the buyer. But even in this case, for him it's more convenient to pay it, rather than convert money manually. It's very time-consuming to withdraw money (takes like a day) and moreover the rates on exchanges can be not so beneficial. As for us, we take world average exchange rate.
2) COP tokens are utility coins. That means they are used in the system. The things you've already mentioned are the most important ones. When we enter exchanges, it will be possible to use COP as a mean of payment for good and trade them as well. But as I've said, the main feature of COPs is utility
3) Right now CopPay supports BTC, ETH, Steem, Golos, Dash, XEM. Will work hard to add more cryptocurrencies to the list (especially those that are most used)
4) 43%, to be exact:) this funds will go to Core Team, Advisors and Rewards. The main part of these tokens (which is ~90%) will be reserved for the team in order to further develop the product, network and attract new investors.

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[Donny Ker]

Interesting. Thanks for the whitepaper in Russian.
Is this a ERC20 token?

where can I read whitepaper in Russian?

[Reb Klimrod]

Interesting. Thanks for the whitepaper in Russian.
Is this a ERC20 token?

where can I read whitepaper in Russian?

I  need whitepaper in Russian too)

[kozak.finance]

Still waiting for the reply about main concurrents

[sporter]

Interesting. Thanks for the whitepaper in Russian.
Is this a ERC20 token?

where can I read whitepaper in Russian?

I  need whitepaper in Russian too)

https://coppay.io/docs/CopPay_Whitepaper_RU.pdf

[sporter]

Is the whitelist closed? What is the minimum amount for participation?

[ConPay]

the system CopPay works independently of the beneficiary's Bank?

Merchant states his bank account in CopPay system in order to receive fiat at his account.
As for the technology of the process let me consult with the team for further explanation

[ConPay]

Still waiting for the reply about main concurrents

competitors?? I'm sure you know that now there are many payment system.
Personally I may say Utrust or Bitpay. Recently Viso came to play.
There are plenty others as well.
the main features of CopPay that makes us different are that, firstly, we have no transaction fees for merchant and really small for customers; secondly, our terminals are installed completely free of charge. and also, we don't use cards, like some projects do. They allow you to use them only if you buying in USD or EUR plus you have to do many manipulations before performing an actual transaction.

We are simply different;)

[ConPay]

Is the whitelist closed? What is the minimum amount for participation?

no, you still have some time to do it!:) Don't miss a chance to contribute with 20% bonus!! https://coppay.io/whitelist

[ConPay]

Let's imagine that the seller receives Fiat money to his Bank account.
What about the percentage that takes the exchange for the exchange cryptocurrency? Different exchanges take different commissions. And what about the commissions for transactions input and output to the exchange? It turns out that the seller will receive the Fiat money is smaller than he set the price.

Am i wrong?

The merchant doesn’t pay any fee for the customer’s crypto-to-fiat transaction at exchange. They receive the exact amount of local currency indicated in the price-tag

[ConPay]

Important message from CopPay team: security measures during CopPay crowdsale

Dear supporters!
CopPay ICO starts very soon!. Whitelist sales begin today, on October 29, 2017.
We kindly ask you to follow carefully security recommendations during the tokensale!!

Please, read them attentively!
https://goo.gl/D9zr5Y

[AUruHM]

Still waiting for the reply about main concurrents

competitors?? I'm sure you know that now there are many payment system.
Personally I may say Utrust or Bitpay. Recently Viso came to play.
There are plenty others as well.
the main features of CopPay that makes us different are that, firstly, we have no transaction fees for merchant and really small for customers; secondly, our terminals are installed completely free of charge. and also, we don't use cards, like some projects do. They allow you to use them only if you buying in USD or EUR plus you have to do many manipulations before performing an actual transaction.

We are simply different;)

From where buyers pay if you not use credit card wallet? Where is money? Or pay will make by cryptocurrencies from own wallet in your system?

[Rusmegalife]

I did not find on the first page information about the minimum value of fees. And will the smart contract be made so that when there is shortage there will be a refund?

[Klara_karlovna]

what is the advantage of the system compared to direct payment from the  wallet of buyer to the wallet of seller?

[Klara_karlovna]

Let's imagine that the seller receives Fiat money to his Bank account.
What about the percentage that takes the exchange for the exchange cryptocurrency? Different exchanges take different commissions. And what about the commissions for transactions input and output to the exchange? It turns out that the seller will receive the Fiat money is smaller than he set the price.

Am i wrong?

the bank always have the commission. When we paying fiat with a traditional credit card, the seller receives an amount less than the purchase. The minimum commission is 0.5%

[Smart_cat]

Is the whitelist closed? What is the minimum amount for participation?

Hi! Whitelist is open till 21.00 UTC time October 30. There is no minimum to invest

[sporter]

The buyer can use his wallet. For example, blockchain.info.
He does not need to install the client application CopPay. Do I understand it correctly?

[novogum]

I did not find on the first page information about the minimum value of fees. And will the smart contract be made so that when there is shortage there will be a refund?

If you mean the cap, then 65800 ETH Hardcap, softcap 6580 ETH. And if you mean Commission, then its the buyer pays in 2%.

[novogum]

Let's imagine that the seller receives Fiat money to his Bank account.
What about the percentage that takes the exchange for the exchange cryptocurrency? Different exchanges take different commissions. And what about the commissions for transactions input and output to the exchange? It turns out that the seller will receive the Fiat money is smaller than he set the price.

Am i wrong?

The merchant doesn’t pay any fee for the customer’s crypto-to-fiat transaction at exchange. They receive the exact amount of local currency indicated in the price-tag

Ok, the merchant doesn’t pay any fee for the customer’s crypto-to-fiat transaction at exchange. As i understand, the commission that is paid by the buyer (2%) is profit to CopPay. Then who pays fee for the customer’s crypto-to-fiat transaction at exchange?

[nguli]

good luck dev i invested some 0.9 ETH in your ICO