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September 01, 2017, 03:30:41 PM |
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Hello all, First, we would like to thank all our supporters and members thank you for your trust in PayperEx network we are working very hard to reach our milestones. The last few days since the PayperEx PAX presale become live. we have been asked many times the same questions regarding PayperEx network and PAX token and we want to explain in few simple words our product vision and the meaning of the new coin that we issued. PayperEx going to be the world's first alternative share market and it's not just a marketing slogan. The idea behind PayperEx has come from identifying the needs of many people who want to be part of the global share market but cannot for a variety of reasons: lack of knowledge, fear of risk, insufficient finances, geographical constraints, etc. We really think that we can build a decentralize trading network that transcends these limitations and provide the same trading opportunity to all traders all over the globe. Our vision can become real only with the support from the crowd, otherwise, our technical knowledge amazing as it is will be useless. Now a few words about the PAX, somehow, it seems that we are trying to compare between the PAX and the Bitcoin and it's not true. Our new coin, the PAX, issued for one reason and It’s to let the crowd participate in our project and to become members of our network. Yes, we believe that the PAX value will be worth more than his value today, but it's not the reason that we issued it. We believe that the "Bitcoin Payper" that will be issued on the network, can be the replacement of the Bitcoin, of course in the sense of trading and not the sense of its uses.
How does it work?
Let's say that you believe that the Bitcoin is going to rise, so you decided to buy the "Bitcoin BULL Payper" The "Bitcoin BULL Payper" price at the time of purchase is 100 PAX (equal to 0.002BTC). According to the movements in the market, the price of the "Bitcoin BULL Paypers" rises to 150 PAX (equal to 0.003BTC). If you sell your "Bitcoin BULL Payper" to another Payperex participate your profit will be 50 PAX (50%). If you believe that Bitcoin is going to fall, you buy the "Bitcoin BEAR Payper" and profit if the price of the Payper goes up.
The main strength of the Paypers 1. The initial price will be low like the value of the Bitcoin 7 years ago. 2. The ability to trade on upward and downward trends. 3. Our unique Fee Share model - a portion of the fee that we will charge on the network will be paid back to the Paypers holders.
This is the idea behind our slogan PayperEx - everyone deserved a second chance
Have a great weekend!!!
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