[ANN] Prime-Ex Perpetual - Bringing Real Estate Profits to YOU!

[kchulani]

I am not sure at least about the android wallet part. I am sure they will reply on that soon. I just used my WAVES lite wallet public key is this acceptable? Please let me know if this is the right address to use. I am using the Waves Lite Client.

Thanks

-Ethereal

[MakersONE]

And another question, can I use what I've already written here to confirm the messages in your thread-bounty?   

Approved

Nicely! Tell me, by what time do you keep records? Is the international time format UTC?

[EllaPonchik]

Very interesting project, I like everything.

[Prime-Ex Perpetual]

Hello,

I have a few questions to ask.

1. When is your company established? (date)
2. What is the maximum funds to be raised during pre-sale? I know total token supply during pre-sale is 750,000.
3. I found very little information about Tim Walters (one of your advisors). Does he have a LinkedIn profile? Or maybe you can tell me about his education?
4. Do you plan on making a slack or telegram channel?
5. Is the price of the token on pre-sale the following?

If 1 PEX = $1

Day 1-2 = 15% bonus

If 1000 PEX + 15% = 1,150 PEX = $1,000

Day 3-7 = 12% bonus

If 1000 PEX + 12% = 1,120 PEX = $1,000

Week 2 = 10% bonus

If 1000 PEX + 10% = 1,100 PEX = $1,000

Is my math correct for the bonuses? During 15% bonus you get 1,150 PEX which if you buy during crowd-sale it will cost you $1,150 and if you buy during pre-sale it will cost you $1,000 and you get (bonus) 150 PEX?

Regards Dimitar,

Hi Dimitar,

Thanks for reaching out to us!  I'll answer your questions honestly and to the best of my ability.

1.  Company was established formally I believe May of this year.  The project as a concept has been in the making for well over a year, in the 15 to 18 month range.

2.  Goal of the pre-sale is to raise awareness and give away tokens.  The sooner people buy the less we'll raise.  For example, if people max out the bonus tokens on day one then we will have raised $5,000,000 in USD equivalent tokens.  If nobody buys until day 10 then and then all of the sudden the bonus tokens are exhausted we will have raised $7,500,000 in USD equivalent tokens during the Pre-ICO.  The overall goal of the project is to raise $25,000,000 tokens while giving away 1,000,000 tokens in the Pre-ICO bonus and bounty campaign combined, and hopefully, that's what we'll do.

3.  Tim is a senior software architect for a Fortune 500 company.  He's also the technology parter of the MonsterByte project, a recently completed casino ICO.  He's helped us out with our technology regarding escrow of tokens and creating a payment gateway that's acceptable to our legal team from a fiduciary perspective.  He has no day to day influence in our operations but I'm sure we'll see each other from time to time after our offering is over.  Maybe we'll pull him from his Fortune 500 gig one day!

4.  Slack channel / Telegram.  We've thought about it.  Since we're more of a dividend token play I'm not sure what meaningful part a slack channel or Telegram account would play.  

5.  Price of the Pre-ICO involves bonus tokens in addition to your purchase, not discounted token prices.  On day 1 of the Pre-ICO, a person purchasing $100 USD-equivalent of PEX-Tokens will receive 115 PEX-Tokens due to the 15% bonus.  Day 10 purchasers would receive 110 PEX-Tokens with their 10% bonus.

6.  None of us are big fans of LinkedIn.  I'm sure if you check there may be some data gathered up from around the internet, but I don't think I have a formal LinkedIn account.  Theresa might because she's younger.  The only conversation that we've had about LinkedIn is that ICO listings kept asking for a LinkedIn thread so I directed our tech team to make the company a LinkedIn profile.  We've been business executives and entrepreneurs, and nobody's going to do business with us based on our good looks, well except Theresa.  

7.  The purchased tokens will be released to people's individual WAVES wallets sometime in November, after the ICO during our Post-ICO process.  Any unsold tokens may be sold on open exchanges in the future at some unspecified time, but there will be no more PEX-Tokens ever in existence beyond the 30,000,000 fixed supply.  As a WAVES-platform token, the PEX-Token will trade freely on the DEX Exchange.  We would love to have our token trading freely Post-ICO on platforms such as Poloniex and Bittrex.  We've emailed them with no response, probably because we're still early in the process, but as we move forward we'll make decisions such as this to the benefit of our Token Holders.  We're Token Holders too after all.

Hope that helps!

[kchulani]

A lot of useful information. I'm glad that they are not making this ICO too complicated to understand. I would like to know Prime-ex has mentioned building new houses and selling them. Is there a way to enter into pre-existing properties that are for sale and can be flipped? Or will all properties be built from scratch. If so do the investors have access to layout plans to the properties that are under construction? Thanks

-Ethereal

[Prime-Ex Perpetual]

Hello, please I would to be properly clearfied on this.
The bounty site is requesting for a 'WAVES api deposit key' and this can be gotten from a WAVES lite client app.

I don't have access to the lite client app but I use a WAVES mobile wallet on my android device, can I use the address to participate in the campaign.?

Thanks!!

Sorry for the delay.  These time limits on newbie accounts here are miserable.  It takes so long that you end up getting other work done and you have to come back as best that you can.

Answer:  Your main WAVES wallet is the one you need since the PEX-Token is a WAVES token.  If you were depositing Bitcoin or Ethereum into the WAVES wallet you would need their specific deposit addresses, but it's different with us since we're WAVES.  We'll be depositing your PEX-Tokens to your main WAVES wallet address.  The main WAVES address on your Android device is fine.

[kchulani]

Ah perfect. Thank you for that clarification. I as well was wondering exactly how the whole process works. I am guessing when the tokens are distributed we will need to add the asset into the Waves Lite wallet using the token address and decimal values.

[Prime-Ex Perpetual]

And another question, can I use what I've already written here to confirm the messages in your thread-bounty?   

Approved

Nicely! Tell me, by what time do you keep records? Is the international time format UTC?

Panama Time.  It's the center of the world.  Well, at least mine

[kchulani]

The properties that are sold by prime-ex, can they be sub-leased as well on the same Prime-ex platform?

[luv2709]

We're working on this issue this morning and should have it resolved soon.  Thanks for bearing with us while we sort it out!

Problem solve
thanks

[kerberox]

Hi Prime-Ex,

I've now read your whitepaper a few times. Help me understand something. You claim that you will generate demand for the PEX-Token with a rate discount to your home buyers. Can you ellaborate? This means that people can actually pay mortgages in PEX-Tokens? Is that so? BTW, cool videos in the website.

Do you happen to have any economic data about Panama by any chance? I would be curious to know the influx of foreigners in the country.

I'll do some digging as well.

[AustrianGuy]

Reserve german translation 

[kerberox]

The properties that are sold by prime-ex, can they be sub-leased as well on the same Prime-ex platform?

Interesting thought. I did not see anything about sub-leasing in the whitepaper. The focus seems to be more on building, sales, and maintenance. Maybe this has not been thought of? But to kchulani's point, I wonder whether subleasing could fall under "maintenance" for an owner who lives abroad, or for snowbirds.

[Stavri]

The properties that are sold by prime-ex, can they be sub-leased as well on the same Prime-ex platform?

Interesting thought. I did not see anything about sub-leasing in the whitepaper. The focus seems to be more on building, sales, and maintenance. Maybe this has not been thought of? But to kchulani's point, I wonder whether subleasing could fall under "maintenance" for an owner who lives abroad, or for snowbirds.

I also havent seen any info about leasing. the project is focused on solving problems about house owning for expats. I think subleasing can be an option only for future.

[Prime-Ex Perpetual]

The properties that are sold by prime-ex, can they be sub-leased as well on the same Prime-ex platform?

Interesting thought. I did not see anything about sub-leasing in the whitepaper. The focus seems to be more on building, sales, and maintenance. Maybe this has not been thought of? But to kchulani's point, I wonder whether subleasing could fall under "maintenance" for an owner who lives abroad, or for snowbirds.

I also havent seen any info about leasing. the project is focused on solving problems about house owning for expats. I think subleasing can be an option only for future.

Prime-Ex Perpetual is in the business of selling, not leasing.  Here's where leasing can play a factor, however:  we're building in areas that expats routinely favor.  That means that we're building in places that expats routinely fly down to check out.  These areas are tourist areas, with many people coming down every year as tourists checking out the highlands and the beaches.  If our homeowners want to take advantage of this and lease their property out as vacation rentals or even long term rentals that's there business.  There are vacation homes in the beach communities that routinely rent for over a thousand dollars a week.  Our homeowners could choose to earn some money when they're away and they would not be breaking any agreements with us.  The home is theirs, and they can do with it as they wish.

[skrinnikov]

joined bounty campaign.
I wish success to the project and its team!

[Prime-Ex Perpetual]

To give real service, you must add something which cannot be bought or measured with money, and that is sincerity and integrity.

Would you like a job joseekidmore?

You're exactly right!

[Prime-Ex Perpetual]

Hi Prime-Ex,

I've now read your whitepaper a few times. Help me understand something. You claim that you will generate demand for the PEX-Token with a rate discount to your home buyers. Can you ellaborate? This means that people can actually pay mortgages in PEX-Tokens? Is that so? BTW, cool videos in the website.

Do you happen to have any economic data about Panama by any chance? I would be curious to know the influx of foreigners in the country.

I'll do some digging as well.

This is a concept that banks employ all the time.  Banks want their customers to sign up to autodraft their mortgage payments so that delinquency percentages go down.  To affect their customer behavior they incentivize their customers by giving an interest rate discount if they will do autodraft, which lowers the customer's monthly payment.

We're doing the same thing by giving our customers an incentive to pay their mortgage payment using our PEX-Token, which positively affects demand for our token in the open exchanges.

[fanten]

hei dev. where is the spreadsheet for tester last time? thanks

[spiderlee]

this is a very nice project because token holders always win, it is a sold project very creative , good luck to the team, I will invest on prime ex token.