[LIVE][ICO] SKYPAY ICO - Disrupting The Trillion Dollar Travel Industry

[SkyPayDev]

The Travel Currency

MISSION STATEMENT

SkyPay aims to improve everyone’s travel experience by radically reducing normally hidden travel costs.


Which Problem Do We Solve?





COIN MODEL

SkyPay’s SKYS will be secured by its own block chain. It is based on the Litecoin network’s Scrypt PoW algorithm. The reason for this technical choice is to guarantee the lowest possible transaction fees.


MINING

Mining will be available to a few trusted miners, called ‘Dedicated SkyPay Miners’. Everyone is welcome to apply to become Dedicated SkyPay Miners, however only qualified individuals/companies will be approved and selected. The role of these mining companies will be to mine the remaining coins and release them into the market, while powering the SkyPay network, for a compensation, the block rewards. All transactions can be publicly seen and revised on the SkyPay Explorer.


COIN SPECS

75 % of all coins will be pre-mined. The remaining 25 % will be the rewards of future blocks.




COIN PRE-MINE DISTRIBUTION



The percentage of coins reserved for the team (Founders, Developers & Advisors) will be locked for a one year period. The biggest part of the pre-mine is used to fund the SkyPay project through the Coin Sale. Contributors will benefit from this fundraiser by selling their SKYS or using them as the project takes place. The App Reserve of the coin distribution is to serve new users that will be using the SkyPay App. Of course, the SKYS cost will be less favorable than the SKYS cost during the coin sale.


USER ACQUISITION

In order to generate a steady, on going demand for SKYS, our user acquisition model includes a flight booking system, a debit card and a reward system for purchases, and many other amazing features.

Visit our https://www.skypaydev.com & download our White Paper for complete details.


COIN SALE DETAILS

We will sell a maximum of 189,000,000 SKYS in total as a fixed amount in the ICO in order to raise 25 million USD. The remaining coins will be kept by the SkyPay founders as a buffer for rewards, and future customers’ who want to exchange their currency into SKYS through the SkyPay App. Contributors can purchase as many SKYS as needed in exchange of a predetermined fixed rate.

The sale starts on 2018.03.01 (March 1st 2018) at 00:00:01 UTC and lasts for a total of 6 weeks until the 2018.04.11 (April 11th 2018) at 23:59:59 UTC.

In order to reward early contributors, we will have a bonus that decreases each week.
The exact bonus reward can be found in the following table:



The percentage of coins reserved for the team (Founders, Developers & Advisors) will be locked for a one year period. The biggest part of the pre-mine is used to fund the SkyPay project through the Coin Sale. Contributors will benefit from this fundraiser by selling their SKYS or using them as the project takes place. The App Reserve of the coin distribution is to serve new users that will be using the SkyPay App. Of course, the SKYS cost will be less favorable than the SKYS cost during the coin sale.







Visit our https://www.skypaydev.com & download our White Paper for complete details.


Email: admin@skypaydev.com
Official websites: https://www.skypaydev.com, https://skys.network (coming soon)

Telegram: https://t.me/joinchat/AAAAAEuTfHTjuuDBU0eWxg
FaceBook: https://www.facebook.com/SkyPay-783788811817511/
Twitter: https://www.twitter.com/SkyPayOfficial
Reddit: https://www.reddit.com/user/skypayofficial/
Instagram: https://www.instagram.com/SkyPayOfficial/

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[bitzzer]

Reserved, seems like good project
Hi dev do you have bounty programs?

[SkyPayDev]

Hi! Yes we do actually.

- Share our website on Facebook or Twitter and keep active for one week = 100 SKYS
- Sign-ups = 25 SKYS
- Contributions = 100 SKYS + 5% of contributed amount

You can email us should you have more questions admin@skypaydev.com or lionel@skypaydev.com

[Notin2]

"SkyPay aims to improve everyone’s travel experience by radically reducing normally hidden travel costs"
can you explain how you intend to achieve this idea because this aspect is very broad, and where would be the main target or starting point of the project?

[SkyPayDev]

"SkyPay aims to improve everyone’s travel experience by radically reducing normally hidden travel costs"
can you explain how you intend to achieve this idea because this aspect is very broad, and where would be the main target or starting point of the project?

Essentially, we intend to achieve this by reducing the Foreign Transaction Fees and Currency Conversion Fees. Currency Conversion Fees are the most dishonest, as they are not quoted in real-time by banks, and/or manually entered by merchants. By opening a Bank, SkyPay is able to reduce these fees by not only offering real-time conversion rates, but also generally lower transaction fees, all through SkyPay's debit card.

[sunshine88888888]

There is any reward activity.

[SkyPayDev]

There is any reward activity.

Yes there is. If you are looking for bounty rewards, you can have a look at the following link!https://docs.google.com/forms/d/1ABLwGqRZOQAAl38alw72lfVoUX1INF30Mj_yUvdBOZ0/viewform?edit_requested=true

Thanks

[ziyush]

looking to mine this share Mining details

[SkyPayDev]

looking to mine this share Mining details

Hi there,

Thanks for reaching out.

You can apply to become a miner here: https://docs.google.com/forms/d/1CYkKrkV6jTia_PblPOXL8y_AUKg_C4I8uXWnIJ2DJHA/edit

Thanks

[SkyPayDev]

Reserve translation Vietnamese if Dev need PM me, please! I love it – This interesting project with the best trust team and great idea. Joined and hope success! Good luck Dev!

PM us your contact details, Thanks!   

[TimeTeller]

The premine is so high that even if you lock-in the fraction going to the team for 1-year is just fine.
As percentage of the money that you will be collecting from ICO will also go to the team - operations & dev team& tech.
So aside from the lock-in percentage of your team, you are also getting your cut from ICO.
I think that's too much already for your share.
And what will happen if you haven't met your ICO targets, are you still going to acquire a bank?

[khendjer]

We will sell a maximum of 189,000,000 SKYS in total as a fixed amount in the ICO in order to raise 25 million USD. The remaining coins will be kept by the SkyPay founders as a buffer for rewards, and future customers’ who want to exchange their currency into SKYS through the SkyPay App. Contributors can purchase as many SKYS as needed in exchange of a predetermined fixed rate.

So the founders will keep not only 15% of the tokens but also all the remaining tokens which won't be sold during the ICO? What's the garanty they won't be used for some internal purposes? Is there any escort service for that tokens?
Join the above question. Is there any soft cap for the ICO? What if you won't be able to sell all the 60% of tokens during the ICO, let's suppose only 5% will be sold. Will you conduct a refund?