[ANN]★ XNK ★ Ink Protocol - Decentralizing Marketplaces & Reputation | VC-backed

[rburton56]

What kind of verification level will be needed to convert Listia credits to XNK? What will we exactly have to do to be able to use the new currency?  I believe that a complicated verification method might deter many existing users.
Will there be a transition period to use both currencies simultaneously? How long will it last?

[geehwan]

For users who are converting their Listia credits into XNK, the Listia user account just needs to be a verified account as defined on listia.com right now. This typically includes a verified phone number and/or address. SO it shouldn't be too complicated at all.

For participants in the upcoming pre-sale and crowd sale, their will be a more through KYC process for our whitelist coming soon.

There will be a slight transition period as older credit listings disappear, and all new listings are listed in XNK. However, both currencies will be able to be used on any type of listing It will last as long as there are still old credit listings that are live.. but basically after a week, almost everything will be in XNK.

[revned0005]

well a little bit confuse to this maybe i should read the whitepaper of this project in able to understand whats on it but all in all i think this would be a good project in able to buy or sell products.

[geehwan]

Presale Registration is now Live!  @ https://paywithink.com

Sale details here: https://medium.com/@PayWithInk/ink-protocol-token-sale-482853a16cce

And you can start earning free XNK! - https://www.listia.com/about_ink

Use the existing p2p marketplace, Listia, to earn credits by selling your unused stuff. Credits will be converted to XNK at launch. Listia has been running since 2009, with over 100M items traded. Ink Protocol will be integrated directly into Listia on day one!

[abdulaziz07]

Is there Bounty program for INK?

[joosthsb]

What is the credits to ink conversion? is it 1 credit = 1 ink?

[gembira]

I cant understand. You want to introduce a crypto in already existing marketplace (Listia) or you want to create new marketplace?

[daratihonova]

I will continue to monitor the development of PAYWITHINK, I think he has a good future. What different between min cap and soft cap?? Thanks!!!

[geehwan]

Thanks! Yup we are very excited The current hard cap is $15MM and there is no other min or soft cap.

[geehwan]

I cant understand. You want to introduce a crypto in already existing marketplace (Listia) or you want to create new marketplace?

We want to create the foundation for anyone to create new, ideally decentralized marketplaces. To kick start this, we are introducing it into our own live marketplace at launch! So, I guess it's a bit of both. We are ok with people building competing marketplaces if it means Ink Protocol gets used more widely

[aimeepatterson]

Added to list of projects to keep eye on. Interesting. What's the exchange you have planned? Hope I did everything right. Good luck!

[geehwan]

Thank you! Also, in case you missed it, check out our recent announcement of our partnership with Quantstamp to secure our contract. Super excited about this

https://blog.goodaudience.com/ink-protocol-and-quantstamp-partner-up-to-deliver-secure-decentralized-reputation-payments-for-56da9d8cfe43

[jaksone]

Where can I find LINK to join Bounty Program? Do I have to sign up on Listia new bus get the information? I am still confused

[myh]

i didnot understand about Request contribution by ETH, anyone explain it ?

[jhairrobernas]

If I have already passed the KYC how to know what tier I will have and how much I can contribute?

[michaelalfrey]

Number of coins minted is set. This fixes inflation problem
Can’t ever mine new coins.
Could be deflationary, but certainly won’t be inflationary since new coins can never be made

[Xemesis113]

Number of coins minted is set. This fixes inflation problem
Can’t ever mine new coins.
Could be deflationary, but certainly won’t be inflationary since new coins can never be made

so it could lead to deflation right?
since the token value is believed to be increased. ppl tend to hold other than spend.

[wtf12]

It’s great to see this project partnering with QSP who are a gold star team - the future is bright for all involved 🚀

[dungnguyen222]

I've registered for ICO. For the part about amount one wants to invest, I could only put in whole numbers without decimals. Is this amount binding? I think I'd like to invest more than initially stated there.

[geehwan]

I've registered for ICO. For the part about amount one wants to invest, I could only put in whole numbers without decimals. Is this amount binding? I think I'd like to invest more than initially stated there.

Hi! You can join our telegram and msg one of the admins to help you with that