Zeppelins
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April 07, 2018, 02:16:03 PM |
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Why does the project have such a modest soft cap (500) ETH? Given that ETH has fallen dramatically in price, will this be enough to launch the platform?
The prototype is almost ready for 90%, very soon the release will be announced, as indicated in the "road map". Probably the minimum goal was compiled from the previous course, when the cost of ETH was twice as high.
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LightFork
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April 07, 2018, 02:36:18 PM |
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Plus, in addition, shares are accrued for the receipt of project tokens.
Yes, all stakes earning are stated in the cabinet https://tokpie.io/cabinet/stats Numbers are updated on the weekly basis. Also, all your referral bonuses for the invited friends stated there. Very convenient system. When my bounty campaign ends I will join yours for sure.
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Pay4youractivity
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April 07, 2018, 02:47:30 PM |
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Why does the project have such a modest soft cap (500) ETH? Given that ETH has fallen dramatically in price, will this be enough to launch the platform?
Perhaps this amount adequately reflects the budget required to launch the platform. I like this much more than projects that plan to collect millions of dollars for small tasks.
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Whitethoughts
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Revolutionising Marketing and Loyalty
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April 07, 2018, 02:56:02 PM |
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Kramblerty The personal data that I will provide to the platform will remain inside it? No third parties will receive this information?
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Holopopstyir
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April 07, 2018, 03:00:27 PM |
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Kramblerty Do you plan to partner with existing exchanges or some other financial institutions?
We are planning to facilitate our partnership with Tradingview.com so that their users could see/discuss, public, etc TOKPIE's instruments' p2p prices charts directly from Tradingview platform. As you can see from the screenshots of our alpha, we are already in agreement with them and use their sophisticated charts library. So we are already compatible and further collaboration will be natural. Payment systems: yes, going to collaborate. For example, we include them in our methods of payment list - they, in turn, decrease commissions for our users Existing exchanges: yes, collaboration with them also is possible. We can easily provide our users with the spread analysis (between different exchanges through API). On the basis of what did cooperation with Tradingview.com come about? Have you had any joint projects before this?
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BaalMcKloud
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April 07, 2018, 03:30:35 PM |
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Are there any drawbacks to such solutions? For example, taxes for participants in the platform or something like that?
it'll be a user responsibility to notify/or not notify his county's tax authorities about taxable ivents (if any). Well thank you. For me, this is an important point, since the payment of taxes will be very expensive even with zero commissions.
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NewDeal
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Blockchain Just Entered The Real World
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April 07, 2018, 03:44:04 PM |
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Concerning to the listing on other crypto exchanges, surely we will do that.
By the way, applying KYC/AML procedures will help TOKPIE token to be listed on popular crypto exchanges.
Finally, TKP will be traded on TOKPIE exchange of course.
What will be the sequence of listing your token? First, launching your own exchange or first listing on other exchanges?
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th4o
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April 07, 2018, 03:54:29 PM |
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@Kramblerty Which jurisdiction will your platform target? Will local offices be opened in different countries?
All jurisdictions and in one period! We will not be targeted to one particular region and fight/compete for a limited number of crypto funs/traders who live there. Instead, we will target crypto passionates in all countries altogether, connecting them inside TOKPIE platform. Offices will be opened in Switch and Ireland, after that some more might be opened. But we will try to keep administrative expenses at the low level. You mean in Switzerland and Ireland? Will your token be traded on external exchanges? In any case, the token will be traded on decentralized exchanges. There are small volumes, but if you want, you can trade there.
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tilecuwi
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April 07, 2018, 03:56:59 PM |
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You mean in Switzerland and Ireland? Will your token be traded on external exchanges?
Sorry for the typo, yes: Switzerland and Ireland. Concerning to the listing on other crypto exchanges, surely we will do that. By the way, applying KYC/AML procedures will help TOKPIE token to be listed on popular crypto exchanges. Finally, TKP will be traded on TOKPIE exchange of course. Ok, get it. Is it possible to mine your token?
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Pay4youractivity
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April 07, 2018, 06:45:56 PM |
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Yeep! Any person with a good rating score and crypto assets on the account as collateral could take a loan for a reasonable price (interest fee). And vise-verse. Any person who wishes to earn interests on its crypto assets could do it.
By using the auction principle traders could be able to lend or borrow for the transparent interest rate.
The interest rate will be determined by the principle of auction for all volumes? As far as I know, there are not so many big players in this field.
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LightFork
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April 07, 2018, 06:52:08 PM |
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Kramblerty The personal data that I will provide to the platform will remain inside it? No third parties will receive this information?
In theory, some information (name and surname) should be available to your counter agent.
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GoGone
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April 07, 2018, 09:45:02 PM |
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This looks really nice and the zero-fees sound terrific! I'm going to keep an eye on you guys.
It almost sounds too good to be true, therefore I wonder how you generate profit with zero-fees, beside the token sale off course?
This is not a secret. Look at FB, for example, 90% of its users use facebook for free and company generates profits anyway. The size of the TOKPIE tokenomics or you can call it "GDP of the platform" (the amount of all revenue nominated, e.g., in USD) is one of the two keys factors, which determines the price of the token. Another primary factor is velocity and inflation (zero inflation for TOKPIE tokens because its number is limited). So, the GDP of the TOKPIE platform will be consisting of the following revenue sources: 1. Subscription fees. 2. Add-ons sales 3. Interest earnings on P2P loans and leverage provisioning. Please check out whitepaper Financial section on 38 page to learn our tokenomics in more details: https://tokpie.io/assets/downloads/tokpie_whitepaper.pdfThanks for the explanation, didn't reaaly think about those points. It does make sense. I keep an eye out on you!
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Kramblerty (OP)
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April 08, 2018, 08:26:16 AM |
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This looks really nice and the zero-fees sound terrific! I'm going to keep an eye on you guys.
It almost sounds too good to be true, therefore I wonder how you generate profit with zero-fees, beside the token sale off course?
This is not a secret. Look at FB, for example, 90% of its users use facebook for free and company generates profits anyway. The size of the TOKPIE tokenomics or you can call it "GDP of the platform" (the amount of all revenue nominated, e.g., in USD) is one of the two keys factors, which determines the price of the token. Another primary factor is velocity and inflation (zero inflation for TOKPIE tokens because its number is limited). So, the GDP of the TOKPIE platform will be consisting of the following revenue sources: 1. Subscription fees. 2. Add-ons sales 3. Interest earnings on P2P loans and leverage provisioning. Please check out whitepaper Financial section on 38 page to learn our tokenomics in more details: https://tokpie.io/assets/downloads/tokpie_whitepaper.pdfThanks for the explanation, didn't reaaly think about those points. It does make sense. I keep an eye out on you! Yes, monetization is not a problem for a platform that has a big base of users and provides them with unique capabilities.
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Kramblerty (OP)
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April 08, 2018, 08:34:08 AM |
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Why does the project have such a modest soft cap (500) ETH? Given that ETH has fallen dramatically in price, will this be enough to launch the platform?
Yes, because of a significant drop in ETH price 's the soft cap (500 ETH) seems low now. Meanwhile, our MVP is almost ready, so the even a low soft cap will allow us to finish the development and launch.
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Kramblerty (OP)
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April 08, 2018, 08:36:10 AM |
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Plus, in addition, shares are accrued for the receipt of project tokens.
Yes, all stakes earning are stated in the cabinet https://tokpie.io/cabinet/stats Numbers are updated on the weekly basis. Also, all your referral bonuses for the invited friends stated there. Very convenient system. When my bounty campaign ends I will join yours for sure. Great! Meanwhile, you can already sign up https://tokpie.io/signupto receive 5% bonus in addition to all tokens earned for completing bounty assignments, plus a 1% bonus on all token purchases! 👉 Moreover, Increase your token amount by adding referrals. Get a 5% bonus for their earnings in the bounty campaign! 🚀 Additionally earn 1% of your friends’ pre-sale and final sale token purchases!
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zhou2
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April 08, 2018, 08:38:02 AM |
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decentralized exchanges is the future.
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Kramblerty (OP)
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April 08, 2018, 08:41:31 AM |
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Why does the project have such a modest soft cap (500) ETH? Given that ETH has fallen dramatically in price, will this be enough to launch the platform?
Perhaps this amount adequately reflects the budget required to launch the platform. I like this much more than projects that plan to collect millions of dollars for small tasks. That's right; we do not want to raise too many funds, so we keep the soft/hard cap at a reasonable level. Besides, it makes TOKPIE attractive for investors who will benefit from low capitalization in the token sale stage.
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denam
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April 08, 2018, 08:46:47 AM |
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You have mentioned that all trades will be with zero fee. In that case what is the usage of token inside the ecosystem of exchange ? I see on website was written all services and operation will be dealt in these tokens only. Also why you sell in large number when later you have to reduce the supply ?
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Kramblerty (OP)
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April 08, 2018, 08:54:20 AM |
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Kramblerty The personal data that I will provide to the platform will remain inside it? No third parties will receive this information?
yes, that's right
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Kramblerty (OP)
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April 08, 2018, 09:39:03 AM |
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You have mentioned that all trades will be with zero fee. In that case what is the usage of token inside the ecosystem of exchange ? I see on website was written all services and operation will be dealt in these tokens only. Also why you sell in large number when later you have to reduce the supply ?
TKP tokens will be used for: 1. Membership: To gain access to some features of the platform, a member shall have a minimum TKP balance. At the same time it will decrease the velocity of tokens. 2. Subscription Fee payment: ONLY FOR HIGH VOLUME TRADER (>100k US dollars / mo). Subscriptions must be paid only with TKP. The cost of the subscription may be fixed to US dollars to make it consistently below the level of fees charged by other exchanges. 3. Add-ons: The users can purchase access to the sophisticated tools or platform services by making a onetime payment in TKP tokens. 4. Collaterals and interest fees. Please check 5.4 section of the whitepaper to learn more: https://tokpie.io/assets/downloads/tokpie_whitepaper.pdf"Also why you sell in large number when later you have to reduce the supply?" The total number of TKP tokens supply ONLY depends on the number of tokens that will be sold during tokens sale due to the formula: [number of tokens sold / 0.65] For example, if 10,000,000 TKP are sold during the public sale, then the total number of TKP tokens issued will be 15,384,615 We will not reduce or increase the supply of tokens because its number is a constant. Thus, the more people will believe in the TOKPIE success the more tokens will be in circulation.
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