[ANN]

[MadduckUK]

Will your application contain a tool that allows investing in crypto-currencies?

It is on the pipeline but not on the 1st release. Please do watch out for it.

At what stage is the introduction of this tool planned? It’s very important for me to know this

[paycent]

Hello. What number of tokens collected will make you stop the ICO prematurely?

When we meet our hard cap goal of 30 mil PYNs.

[paycent]

Good afternoon. What do one need to do in order to get the right to provide loans on your platform?

It is under 4.5 in our whitepaper: https://paycent.com/wp-content/uploads/2017/09/PYN-Whitepaper.pdf?v=7.6

[paycent]

Is there a contactless payment option in your app?

Yes, the app itself has many features and one of these is bills payments.

So will your app support Apple Pay?

We have Bills Payment incorporated already in the app, Paycent proprietary.

[paycent]

How many people are already using your app at the moment?

Based on Play Store we have over 10,000 downloads.

Please, tell not the number of downloads, but the number of active users, if this information is not classified for any reason.

The target is 1000 active users on a daily basis.

As I have already mentioned, I am interested in the current indicators, not the target ones. Or is it secret information also?

Sorry we cannot disclose that information. But you can do the math given the 10000 downloads.

[paycent]

In what currency will the owners of tokens receive their share of the total income?

We will be distributing PYNs so you can convert them to your preferred currency.

[paycent]

Will not the avilabiity of Singapore's license to carry out aaycentos activities hinder the whole process of the service in Europe?lP

We will get country-specific licenses including Europe's so there should be no issue.

Isn’t it easier to buy a single license that meets all European standards?

Of course, for Europe yes, I believe there is one collective license. But for Asia it is country specific.

[DarkVander]

Every information is secret about those types of projects. It risk our invesment

[paycent]

Will your application contain a tool that allows investing in crypto-currencies?

It is on the pipeline but not on the 1st release. Please do watch out for it.

At what stage is the introduction of this tool planned? It’s very important for me to know this

Are you referring to Exchanges?  Starting November, we are already building of abstraction layer and integration with exchanges so that you can invest to other crypto-currencies soon.

[bigcash2011]

You said that you will be sharing your own token PYNs as the profit share to the token holders, i think mostly the projects pay in eth, as giving your own token can dump the price badly, as everyone will sell to cashout in the form of eth or btc.

[paycent]

Every information is secret about those types of projects. It risk our invesment

I understand that but we are on the final leg of our agreements and integration with our partners so we dont want to preempt the NDA that we have signed until everything is completed. Hope you understand.

[curapid]

I read your Whitepaper. I really like the idea of the project. All the best!

[paycent]

is there a plan to migrate from the ERC 20 token platform to a proprietary platform in the future ? Also in the pictures for the debit cards i can see the MC logo, you guys are already working with them ?

No we do not have any plan to Migrate from ERC20. We are confident that scaling issues will be resolved in the nearest future hence no reason to migrate. Yes we have MC BIN Provider

[paycent]

Will your application contain a tool that allows investing in crypto-currencies?

It is on the pipeline but not on the 1st release. Please do watch out for it.

At what stage is the introduction of this tool planned? It’s very important for me to know this

The day we launch our Hybrid Crypto Fiat wallet.

[paycent]

Will I be able to cancel the exchange operation during a certain period of time?

Since Paycent is a dual ewallet, you have the option as to when you want to do the Exchange.

What about the cases when I mistakenly exchanged more means than I expected?

Conversion is in realtime. if it went through successfully, I believe it would be difficult unless you convert them again back.

[paycent]

You said that you will be sharing your own token PYNs as the profit share to the token holders, i think mostly the projects pay in eth, as giving your own token can dump the price badly, as everyone will sell to cashout in the form of eth or btc.

The profit sharing will be paid in ETH

[paycent]

I read your Whitepaper. I really like the idea of the project. All the best!

Great! Thank you!

[paycent]

payments are not in tokenah.interesno if honestly)

You have to convert your cryptocurrency within Paycent app to fiat, bills payments is through Paycent fiat wallet.

[spacegt]

Hi. If I replenish the balance of the wallet using crypto-currency, will it be automatically converted to fiat funds?

[nicolasbit]

Will I be able to withdraw USD from my card using ATM if I am in Japan?