[ANN] Bonpay [ICO] Live ICO : Global Solution for Financial Freedom

[Bonpay]

Good afternoon. Tell me, please, how are you going to implement the network for distribution of liquidity?

Hello. This issue we are going to implement with help of DLN (Decentralized Liquidity Network) system, which will be based on the interaction of several smart-contracts that enable liquidity providers, rich individuals as well as Bitcoin exchanges, safely cooperate rather than compete and provide their customers increased liquidity. Participants don’t need to trust each other as everything is cryptographically protected. Bonpay will be one of the equal participants of Decentralised Liquidity Network and the first who invests in it.

[Bonpay]

It's said on website that person can get 0.65% bonus, is this bonus for everyone who own your card?

From WP
BON token holders will receive an incentive of 0.65% referral commission from each payment made by Bonpay Card owners.

Yeah, you should have own card

And how often will the payments on referrals ? Or not a certain period and reach a certain minimum amount, you will withdraw the bonus?

Bonpay will distribute this reward regularly in ETH (or in BON tokens on client’s request) every six months and subsequently, every month.
More information you can find in Bonpay Whitepaper.

[Toltekayotl]

Could you tell us more about DLN? In the WP written only general words about it. Interested in technical component.

DLN (Decentralized Liquidity Network) is our solution to resolve the liquidity issue. It is the system which will be based on the interaction of several smart-contracts that enable liquidity providers, rich individuals as well as Bitcoin exchanges, safely cooperate rather than compete and provide their customers increased liquidity. Participants don’t need to trust each other as everything is cryptographically protected. Bonpay will be one of the equal participants of Decentralised Liquidity Network and the first who invests in it.

DLN solution from Bonpay will give both cryptocurrency community and traditional business to use one service for conducting fast and secure transactions. DLN will give the opportunity to avoid unnecessary fees as it will directly connect any two network agents willing to make a deal.

At what stage of development is this project. You can already provide some specific information about the DLN?

[morgan4140]

How do you plan to increase the liquidity of the token? After all now in the cryptocurrency market is not an easy task

Unlike numerous projects, Bonpay issues BON token not only for ICO purposes. Our token will be integrated into our product and will be used in order to pay cashback and rewards to token holders, it concerns 0.15% and 0.65%. Moreover, it will be one of the ways to top up the Bonpay card. Thus, with Bonpay service development the liquidity of BON token will increase constantly.

As an investor, of course I will be glad to the progress of the project and look forward to its growth! thanks for the reply

[germsite]

What kind of technology are you using to connect different blockchain via your platform? Are you acting like a centralized gateway or is there a real on-chain connection between different chains so to say? I know there are a few projects working on inter-blockchain communication, but I am not aware of any breakthroughs in that area so far.

[Bonpay]

What kind of technology are you using to connect different blockchain via your platform? Are you acting like a centralized gateway or is there a real on-chain connection between different chains so to say? I know there are a few projects working on inter-blockchain communication, but I am not aware of any breakthroughs in that area so far.

We are going to resolve this issue through DLN (decentralized liquidity network). DLN solves issues with the exchange of different assets that belong to separate blockchains and their liquidity. DLN will give you the freedom to choose which asset and how much you want to spend, and will only take a few moments.
More information on DLN you can find in Bonpay Whitepaper.

[morgan4140]

when it is planned to expand services Bonpay on the financial markets of the US and Asia?

[goovsy]

What about the legal side of this project? Do you have partnerships with legal advisers? In view of the anticipated spread of the project, you need a legal department or adviser in each of the countries ...

[Departure]

when it is planned to expand services Bonpay on the financial markets of the US and Asia?

There is a timing in white paper

[chineseprancing]

Hello. Do you plan to receive international banking licenses necessary to enter the European market?

Receiving of international banking licenses is involved in our plan. This step is planned for the 2nd quarter 2018.

Wow, it is better if you receive a international banking license, because if it is happen this project will become part of different international transactions. Moreover I'm pretty that more capitalist are attracted to invest, hoping that you get your license as faster as you are. Because if you do it immediately, trust of more investors are easy to catched up.

[blackbitum]

Good afternoon. You’ve claimed that you’ll simply divide a part of tokens during the next 5 years. Will all the participants of the platform receive them?

[spacegt]

Good afternoon. You’ve claimed that you’ll simply divide a part of tokens during the next 5 years. Will all the participants of the platform receive them?

I think it would be fair if only ICO’s and Bounty programs’ participants received them.

[blackbitum]

Good afternoon. You’ve claimed that you’ll simply divide a part of tokens during the next 5 years. Will all the participants of the platform receive them?

I think it would be fair if only ICO’s and Bounty programs’ participants received them.

I’m wondering if the wallets containing these tokens are available to everyone.  Will anyone be able to check their balance and make sure that it hasn’t changed?

[morgan4140]

when it is planned to expand services Bonpay on the financial markets of the US and Asia?

There is a timing in white paper

strangely, I kind of studied wp but did not notice anything about it, thank you, I will read again

[Bonpay]

when it is planned to expand services Bonpay on the financial markets of the US and Asia?

According to our Roadmap, expansion of Bonpay services to the Asian market is involved in Bonpay performance plan for 2018. Regarding the US market, it is planned for 2019.

[Departure]

Bonpay now listed on Sangus ICO Info at 74%: https://sangus.org/ico/1006

Good rating for Bonpay project

[Immer]

Hello. Which part of the funds received are you going to allocate for marketing?

[rocketbit48]

Hello. Which part of the funds received are you going to allocate for marketing?

As far as I remember, marketing will take approximately 20%

[Immer]

Hello. Which part of the funds received are you going to allocate for marketing?

As far as I remember, marketing will take approximately 20%

Do you plan to use TV advertisement?  Or will you confine yourself to using social networks for this purpose?

[consigliere]

Hello. Which part of the funds received are you going to allocate for marketing?

As far as I remember, marketing will take approximately 20%

Do you plan to use TV advertisement?  Or will you confine yourself to using social networks for this purpose?

I think using TV not the best idea cause of potential clients covered buy it. I think all existing social media areas are good for attracting clients.