[ANN] 🚀 TOKPIE 🚀 P2P Cryptocurrency-Fiat and Swap Exchange. Low fees

[Jekbolt]

In order to participate, which instructions should I follow?

you can find the bounty campaign link in the cabinet https://tokpie.io/cabinet/bounty

[Jekbolt]

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 - they the personal data will be in safe

[Kramblerty]

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?

Cooperation between TOKPIE and Tradingview is based on our mutual ability to bring new users to each other.

[abonarea]

Why alpha version's release is set on 15th of May, one day after the end of pre-sale ? I would prefer to test the prototype to test some functionalities and first impression of the release though with basic functionalities will show your capabilities. If prototype was planned earlier it was having direct impact on the results of pre-ICO round as well. There is not big price difference anyway for main round too.

[Kramblerty]

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?

Listing on other exchanges will come first.

[Kramblerty]

Why alpha version's release is set on 15th of May, one day after the end of pre-sale ? I would prefer to test the prototype to test some functionalities and first impression of the release though with basic functionalities will show your capabilities. If prototype was planned earlier it was having direct impact on the results of pre-ICO round as well. There is not big price difference anyway for main round too.

We will try to release it on May 05-07 or even earlier. The date May 15 was set in the roadmap in order to exceed expectations.
Actually, all dates in the roadmap are set in that way. It allows us to have some time to catch up.

[Kramblerty]

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.

Well, I did not check the distribution of funds in white paper, but I can assume that most of the collected funds will go to the platform advertising, since the development is almost finished?

Yes, about 45% will be used for marketing. The rest on development, legal issues and other activities.

[Kramblerty]

very interesting projects, people and companies can be transacted directly. so the transaction will be more comfortable and secure. I will support this project.

You are right! Imagine how this can blow the traditional bond market!!!   With TOKPIE exchange companies could issue its tokens (bonds) and crowd sells them in minutes! The platform can create any instrument for such sale. For example,

[jurisdiction of the company] - [company's token (bond)] / [all cryptos and fiat currencies] - [all methods of payment]

That's it!  
TOKPIE can already to do that!
 It takes 30 min to create such type of instrument. ALL related order books where trader can bargain on price in auctions are created instantly.
 Each order book represents particular quoted currency and method of payment.


I repeat it again - TOKPIE is a unique P2P exchange!

On which blockchain will these tokens be implemented? Or is it meant that they will be created as a purely financial instrument?

There are two options:
1) It can be implemented on any blockchain by an issuing company.  TOKPIE's role here is to provide infrastructure for the successful crowd sale.
Also, TOKPIE can create the smart contract on behalf of a company supporting it with the binding agreement. Other words we could make everything.

2) It can be created as a purely financial instrument.

[Kramblerty]

What is your model of monetization? If you have zero fees,then how do you get money? Fiat exchange is that something like localbitcoins? I have to meet with someone in my location and make a deal, right?

There will be three main revenue sources:
1. Subscription fees (applied only to high-volume traders ...>100k US dollars equivalent and corporate clients)
2. Add-ons sales
3. Interest earnings on P2P loans and leverage provisioning.



No, You will not have to meet with counterparty personally. To get fiat payment in exchange for your crypto-asset, you must have an account registered in any payment system or bank.

[Kramblerty]

@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.

You are right.
We expect that the most significant volume will be traded on TOKPIE exchange after launch.
However, until that time we will try to list TKP in as many exchanges as we could.

[Kramblerty]

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?

No,

There are 4 ways to get TKP tokens:
1) participate in bounty NOW: https://tokpie.io/cabinet/bounty
2) buy TKP during token pre-sale (starting on May 01) and final sale (starting on June 01)
3) buy TKP on exchanges after listings.
4) earn some tokens by helping newbies with simple questions. It will be possible under our support service gamification feature. Please check 4.3 section of Whitepaper: https://tokpie.io/assets/downloads/tokpie_whitepaper.pdf

[Kramblerty]

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.

Of course, such info will be visible to the counterparty (only after order's matching) to complete fiat transaction.
But, it will apply only to crypto/fiat types of transaction.
When you buy and sell crypto for crypto (swap) this is not needed. Such types of transaction will be performed for seconds.

[Kramblerty]

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.

Yes. A trader defines the terms, the rate of coverage, principal amount, base currency of the loan, and interest rate.
 All these factors are being encapsulated into the tradable instrument.
Then, such Instrument is traded on the auction, and other players decide (by bargaining on price on real time) to agree or not to agree with the conditions encapsulated.  

[LightFork]

"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.

Could it be worthwhile to introduce some kind of restriction on the number of tokens to create an artificial deficit?

[Pay4youractivity]

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.  

The effect of low base allows to show huge growth in case of project success. Potentially this is a very good opportunity.

[MishaSER]

GREAT NEWS!

The BOUNTY campaign has just been started! https://bitcointalk.org/index.php?topic=3255608.msg33909319#msg33909319

WOW!
Project conducting signature campaign for real money https://bitcointalk.org/index.php?topic=3255596.
Nice!

Wow, this is news, there are immediately payments in ETH

Moreover you can sign up https://tokpie.io/signup
and receive 5% bonus in addition to all tokens earned for completing bounty assignments, plus a 1% bonus on all token purchases!

PLUS, 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!

Wait, if I sign up, then for the fact that I carry out tasks will be added 5%

[Whitethoughts]

On which blockchain will these tokens be implemented? Or is it meant that they will be created as a purely financial instrument?

There are two options:
1) It can be implemented on any blockchain by an issuing company.  TOKPIE's role here is to provide infrastructure for the successful crowd sale.
Also, TOKPIE can create the smart contract on behalf of a company supporting it with the binding agreement. Other words we could make everything.

2) It can be created as a purely financial instrument.

It turns out that the choice remains for the client platform? Can he choose any of the existing options?

[Kramblerty]

"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.

Could it be worthwhile to introduce some kind of restriction on the number of tokens to create an artificial deficit?

It's already there..

1. Subscription fees will be paid using TOKPIE tokens, causing a constant upward pressure on the TKP token, and a downward pressure on market supply.

2. TOKPIE counterbalances these two pressures by selling tokens, creating a downward pressure on its token
holdings and an upward pressure on market supply. However, TOKPIE will be selling all incoming tokens with
the rate of 10% each month in order to avoiding oversupplying the market. So, for example, 100 tokens received
in July 2018 will be sold out (returned to the market) during the period August 2018 to May 2019 with
10 tokens sold each month.

3. During the four years after the token sale, token ownership will be decentralized through sales of the TOKPIE’s
reserves (see 5.3 section for details https://tokpie.io/assets/downloads/tokpie_whitepaper.pdf).
The share of reserves is 21% of total token supply.
Reserves will be auto released by the smart-contract by equal parts every sixth month after TOKEN SALE according
to the following schedule:
On January 03, 2019 = 2.625% of total token supply
On July 05, 2019 = 2.625% of total token supply
On January 03, 2020 = 2.625% of total token supply
On July 04, 2020 = 2.625% of total token supply
On January 02, 2021 = 2.625% of total token supply
On July 04, 2021 = 2.625% of total token supply
On January 02, 2022 = 2.625% of total token supply
On July 04, 2022 = 2.625% of total token supply

The same scheme is applied to the Team pool, that represent 9.6% of total number of tokens issued. It will be placed on hold for 2 years and steadily released according to the schedule:
On January 03, 2019 = 2.4% of total token supply
On July 05, 2019 = 2.4% of total token supply
On January 03, 2020 = 2.4% of total token supply
On July 04, 2020 = 2.4% of total token supply

[Kramblerty]

On which blockchain will these tokens be implemented? Or is it meant that they will be created as a purely financial instrument?

There are two options:
1) It can be implemented on any blockchain by an issuing company.  TOKPIE's role here is to provide infrastructure for the successful crowd sale.
Also, TOKPIE can create the smart contract on behalf of a company supporting it with the binding agreement. Other words we could make everything.

2) It can be created as a purely financial instrument.

It turns out that the choice remains for the client platform? Can he choose any of the existing options?

Of course, a client can choose any existing option.

[Holopopstyir]

Why alpha version's release is set on 15th of May, one day after the end of pre-sale ? I would prefer to test the prototype to test some functionalities and first impression of the release though with basic functionalities will show your capabilities. If prototype was planned earlier it was having direct impact on the results of pre-ICO round as well. There is not big price difference anyway for main round too.

We will try to release it on May 05-07 or even earlier. The date May 15 was set in the roadmap in order to exceed expectations.
Actually, all dates in the roadmap are set in that way. It allows us to have some time to catch up.

Great, it will be a big plus if you can make this release before starting sales.