cryptomaniac.
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May 22, 2018, 04:36:25 PM |
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What is the long term business strategy?
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Dialtopal
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May 22, 2018, 04:39:26 PM |
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What is the long term business strategy?
a. Token Changer will create sustainable market advantage in the medium to long term by developing exchange protocols that leverage the native token layer of the platform stack to create virtuous circle effects. b. To develop DApps that power business networks.
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cryptomaniac.
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May 22, 2018, 04:48:23 PM |
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What are exchange protocols ?
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Dialtopal
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May 22, 2018, 04:50:22 PM |
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What are exchange protocols ?
An Exchange protocol is a set of rules and methods that govern the exchange of value between two or more parties.
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cryptomaniac.
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May 22, 2018, 04:54:38 PM |
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And Native tokens?
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g.targaryen
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May 22, 2018, 05:08:39 PM |
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And Native tokens?
these are tokens created by token changer itself. currently, there are two native tokens on the platform. the TOC (market traded) and block points (loyalty points)
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Dialtopal
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May 22, 2018, 05:26:17 PM |
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And Native tokens?
these are tokens created by token changer itself. currently, there are two native tokens on the platform. the TOC (market traded) and block points (loyalty points) Native Tokens are blockchain tokens issued by Token Changer. There are currently two native tokens on the Token Changer platform: the TOC (Traded Token )and Block Points(Non Traded Token)
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cryptomaniac.
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May 22, 2018, 05:28:34 PM |
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How does the TOC (Traded Token) and Block Points(Non Traded Token) concept work ?
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Alex_TokenChanger
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May 22, 2018, 05:29:14 PM |
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What is the long term business strategy?
Our mission is to become the destination for financial dApps on the blockchain. What is means is that through the convergence of money ( https://medium.com/tokenchanger/the-next-big-convergence-ba231a092c5e) users will be able to supply/mint fiat pegged tokens (USD, EUR, JPY...) to the trading platform, do money remittances (in conjunction with banking institutions) , and create trading/transfer tools for crypto investors as well as companies in crypto. Global fiat, thus all the money in the world is worth $90 trillion dollars. So once the convergence model in place you will need the value of ether to keep raising to keep pace with the demand for fiat pegged tokens. Imagine what that will do for the price of the Token Changer token and crypto as a whole.
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Dialtopal
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May 22, 2018, 05:34:09 PM |
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How does the TOC (Traded Token) and Block Points(Non Traded Token) concept work ?
The TOC is a market traded token of which 20% of the total mint is held in reserve to reward market makers on the Token Changer platform. Another 30% of the total mint is sold to during an initial coin offering (ICO). Because the TOC is market traded, that means its price moves up and down. We needed a non-tradable token to allocate rewards to market makers in a predictable way. And this is the purpose of Block Points. Block Points is a non-tradable, non-transferable native token which is given to platform users that play market making roles in DApps. Periodically, we will exchange TOC tokens for Block Points. This action will reduce the reserve of TOC tokens available to fund market maker rewards. To maintain the market maker reserve, we will use Ether revenue to buy TOC tokens from token holders at above market price. Token buyback ensures our customer loyalty program is sustainable and the buyback price acts as a mechanism to transfer operating revenue to token holders.
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cryptomaniac.
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May 22, 2018, 05:35:00 PM |
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How business networks will help in sustainability?
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Dialtopal
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May 22, 2018, 05:41:49 PM |
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How business networks will help in sustainability?
A business network on the other hand is the use of one or more Token Changer DApps to create operational synergy between businesses. A business network might use a native token or it might not. The native token is not the driver, what drives the business network is the notion that linkages at the operational level between businesses in the network makes the whole greater than the sum of its parts. Some hypothetical business networks are described as follows. - Currency Union A select group of Bureau de Change operators around the world use a DApp hosted by Token Changer to offer cross border money transfer services to their customers. A capability none of them can develop on their own. - Trading Co-Operative A group of local food crop producers use a DApp hosted by Token Changer to sell forward some of their output to international buyers. By working together, they increase the output offered for sale which in turn makes the trading DApp attractive to big international buyers
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nhaila
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May 22, 2018, 05:44:56 PM |
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Token canger's main purpose is to build distributed financial applications if indeed Amazon and Alibaba become co-workers of this system means this project should also build some applications that may be similar to their system or an application to sell online
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g.targaryen
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May 22, 2018, 06:51:51 PM |
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Token canger's main purpose is to build distributed financial applications if indeed Amazon and Alibaba become co-workers of this system means this project should also build some applications that may be similar to their system or an application to sell online
the analogy with amazon and alibaba is that these sites carry a wide range of products and our intent is to be the destination for financial products and services on the blockchain. Here are some of the market segments we can build/host dapps for. -token minting -token trading -loans -futures trading -money transfer -banking -invoice discounting -debt securitization -token custody -escrow -funds
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RobertzSmith
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May 23, 2018, 09:49:25 AM |
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Q1.Whats the Financial structure for this project?
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Dialtopal
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May 23, 2018, 09:50:39 AM |
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Q1.Whats the Financial structure for this project?
The total amount of Token Changer tokens called the TOC to be ever minted is one billion tokens priced at 0.15 USD per TOC. One percent (1%) of this total is been offered in private placement deals. Two percent (2%) of this total is been offered in a presale and another twenty seven (27%) percent is been offered in the main sale. Twenty percent (20%) of TOCs is set aside to fund our customer loyalty program. The workings of this fund called the Market Makers Reserve is described in our whitepaper. Token Changer DApps are accessible through web browsers. Currently, they are not as user friendly as we would like them to be. Thirty percent (30%) of ICO proceeds will be allocated to the engineering budget. A significant proportion of the engineering budget will be spent on DApp user interface design and development.
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RobertzSmith
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May 23, 2018, 09:55:36 AM |
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Are there any benifits for early investors?
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Dialtopal
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May 23, 2018, 10:01:04 AM |
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Are there any benifits for early investors?
a. Early Bird : There is no start date for early bird sales. But it ends when the 1% hard cap is reached. Anyone can participate in the early bird sale. Check the ICO DApp to see, if the early bird sale is still live. The early bird discount is 40%. b. Presale :The presale discount (30%) is not as steep as the early bird (40%) and it ends when the main sale starts or the 2% hard cap is reached. c.Main Sale -The main sale starts when the countdown on our ICO page counts down to zero. During the main sale, the TOC price is pegged at 0.15 USD per TOC. The main sale ether price is frequently updated on the ICO DApp to reflect the 0.15 USD peg
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RobertzSmith
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May 23, 2018, 10:03:07 AM |
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I can see that there is a huge discount for early bird stage and Pre Sale stage. I have observed that when this happens, when the token gets listed on exchange the prices go down.
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Dialtopal
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May 23, 2018, 10:09:33 AM |
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I can see that there is a huge discount for early bird stage and Pre Sale stage. I have observed that when this happens, when the token gets listed on exchange the prices go down.
we understand your concern here. But the initial discounts is for investors who invest before others. They are the early adopters for us and will rightly benefit from the initial discounts. Also, since they are the ones who trust us more than the other investors, the chances of them staying with us are higher and we think of them as long-term investors.
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