Bitcoin Forum
July 23, 2024, 04:21:01 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 [41] 42 43 44 45 46 47 48 »
  Print  
Author Topic: 🚀🚀🚀 GRATZIO - GLOBAL MARKETPLACE FOR P2P INSTANT FAVORS  (Read 111228 times)
vishesh2009
Newbie
*
Offline Offline

Activity: 96
Merit: 0


View Profile
August 10, 2018, 05:54:57 PM
 #801

Has the question been answered regarding the volatility risk when someone provides a services and in the meantime the value of the token drops? Who takes the loss then?

Maybe just in a binding to the dollar or to the tetra to do everything. At the time of the transaction, the tokens are transferred to the tether and then the tether at the rate back to the token transferred. Otherwise, if the volatility is high, the supplier or customer will receive very large losses.

I disagree. First, Gratzio it is intended for small favors. So let's say you are ordering a gallon of milk from the nearest store and setting an additional 50% price of the milk in tokens as a reward. At the moment when someone accepting the deal, your tokens are moved to a temporary escrow account. Now, within 20 minutes your milk is delivered. You did not have any losses. You spent exactly as much as you intended. How much of a loss someone who took the order can possibly incur in 20 minutes? it is really insignificant. Besides, gratz token shouldn't be as volatile as other cryptos, as it is more connected to the value of the local products/services than to the speculation.


Also, isn't it that value tokens are less exposed to market speculations?

Is it? Source of this information?

Its my opinion per se!

Well, opinions do not matter here Tongue

What do you think. All the people who post here have their words back by something? People post their opinions on a thread like this.

Well, I did not mean to be rude or something. Just saying so because I wanted to know more about it, had there be any more source of information. Like some reading material or something.
salonilibra
Newbie
*
Offline Offline

Activity: 62
Merit: 0


View Profile
August 11, 2018, 04:30:43 AM
 #802

Has the question been answered regarding the volatility risk when someone provides a services and in the meantime the value of the token drops? Who takes the loss then?

Maybe just in a binding to the dollar or to the tetra to do everything. At the time of the transaction, the tokens are transferred to the tether and then the tether at the rate back to the token transferred. Otherwise, if the volatility is high, the supplier or customer will receive very large losses.

I disagree. First, Gratzio it is intended for small favors. So let's say you are ordering a gallon of milk from the nearest store and setting an additional 50% price of the milk in tokens as a reward. At the moment when someone accepting the deal, your tokens are moved to a temporary escrow account. Now, within 20 minutes your milk is delivered. You did not have any losses. You spent exactly as much as you intended. How much of a loss someone who took the order can possibly incur in 20 minutes? it is really insignificant. Besides, gratz token shouldn't be as volatile as other cryptos, as it is more connected to the value of the local products/services than to the speculation.


Also, isn't it that value tokens are less exposed to market speculations?

Is it? Source of this information?

Its my opinion per se!

Well, opinions do not matter here Tongue

What do you think. All the people who post here have their words back by something? People post their opinions on a thread like this.

Well, I did not mean to be rude or something. Just saying so because I wanted to know more about it, had there be any more source of information. Like some reading material or something.

No, i do not have anything on it.
kanika1102
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
August 11, 2018, 06:51:23 AM
 #803

I am very interested in this project. I am a student and most of times, we fail to find part time jobs. If a platform provides me an opportunity to do some favors in exchange of some pocket money, nothing like it.
akjain
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
August 11, 2018, 04:37:23 PM
 #804

I am very interested in this project. I am a student and most of times, we fail to find part time jobs. If a platform provides me an opportunity to do some favors in exchange of some pocket money, nothing like it.

Well, you have pointed out a very big use of this project. Something admins should highlight.
Gratzio (OP)
Copper Member
Newbie
*
Offline Offline

Activity: 188
Merit: 0


View Profile WWW
August 13, 2018, 12:30:53 AM
 #805

I am very interested in this project. I am a student and most of times, we fail to find part time jobs. If a platform provides me an opportunity to do some favors in exchange of some pocket money, nothing like it.

That is exactly what we are doing!

Gratz.io is a Decentralized marketplace for instant person-to-person services/favors.
Get any service done for you by locals anywhere in the world. Earn cryptocurrency for doing small favors to people around you.
kanika1102
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
August 13, 2018, 05:06:33 AM
 #806

I am very interested in this project. I am a student and most of times, we fail to find part time jobs. If a platform provides me an opportunity to do some favors in exchange of some pocket money, nothing like it.

Well, you have pointed out a very big use of this project. Something admins should highlight.

Right. Really looking forward for the app launch now.
jazzybitcoin
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
August 13, 2018, 05:26:30 PM
 #807

Can people write two reasons that why should we invest in this project?
Gratzio (OP)
Copper Member
Newbie
*
Offline Offline

Activity: 188
Merit: 0


View Profile WWW
August 14, 2018, 02:48:07 AM
 #808



What’s not going to change in 10 years?
by Saavan Hirani for Medium
https://medium.com/gratzio/whats-not-going-to-change-in-10-years-cc4993e77e78


Gratz.io is a Decentralized marketplace for instant person-to-person services/favors.
Get any service done for you by locals anywhere in the world. Earn cryptocurrency for doing small favors to people around you.
kanika1102
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
August 14, 2018, 07:03:54 AM
 #809

Can people write two reasons that why should we invest in this project?

I have already written mine. being a student and not being able to find a part time, this will give me a chance to earn few extra pounds and finance myself. Really waiting fro this project to launch.
vishesh2009
Newbie
*
Offline Offline

Activity: 96
Merit: 0


View Profile
August 14, 2018, 07:14:45 AM
 #810

Can people write two reasons that why should we invest in this project?

For me the two reasons that will make this project unique are: 1. Low transaction fees 2. Transaction speed.
Noruka
Sr. Member
****
Offline Offline

Activity: 910
Merit: 253


View Profile
August 14, 2018, 12:18:12 PM
 #811

Who will decide how many Gratzio tokens a favor is worth? Is that fully up to the users or will there also be sone default options?

I think it's user-based value in which the value will be evaluated by how many users are utilizing the platform. And it mostly cryptocurrency projects often do that.

So just by supply and demand. It will take some time until there are enough users to compete with each other for providing services in a way that there are reasonable prices for those services.

Right. The basic law of demand and supply in economics. Prices per favor may be higher in initial stages.

That in turn would prevent people from using the platform. It would be good to have a strategy in place that allows reasonable prices as quickly as possible to attract customers after the launch.
Gratzio2
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
August 14, 2018, 01:12:12 PM
 #812

Can people write two reasons that why should we invest in this project?

I have already written mine. being a student and not being able to find a part time, this will give me a chance to earn few extra pounds and finance myself. Really waiting fro this project to launch.

Yes we are hoping that students will be interested and can use it around campus and elsewhere!
vishesh2009
Newbie
*
Offline Offline

Activity: 96
Merit: 0


View Profile
August 14, 2018, 03:23:50 PM
 #813

Who will decide how many Gratzio tokens a favor is worth? Is that fully up to the users or will there also be sone default options?

I think it's user-based value in which the value will be evaluated by how many users are utilizing the platform. And it mostly cryptocurrency projects often do that.

So just by supply and demand. It will take some time until there are enough users to compete with each other for providing services in a way that there are reasonable prices for those services.

Right. The basic law of demand and supply in economics. Prices per favor may be higher in initial stages.

That in turn would prevent people from using the platform. It would be good to have a strategy in place that allows reasonable prices as quickly as possible to attract customers after the launch.

But then again the forces of demand and supply will come into place. If at certain day, the demand is low, the prices will come down and certainly demand will come in. But yeah, it would be good idea to have a good strategy in place.
kanika1102
Newbie
*
Offline Offline

Activity: 36
Merit: 0


View Profile
August 14, 2018, 03:29:53 PM
 #814

Can people write two reasons that why should we invest in this project?

I have already written mine. being a student and not being able to find a part time, this will give me a chance to earn few extra pounds and finance myself. Really waiting fro this project to launch.

Yes we are hoping that students will be interested and can use it around campus and elsewhere!

Very true word Smiley
This will also ensure that we get good rates on the work done, which does not happen sometimes these days.
salonilibra
Newbie
*
Offline Offline

Activity: 62
Merit: 0


View Profile
August 14, 2018, 03:33:57 PM
 #815

Can people write two reasons that why should we invest in this project?

For me, the biggest reason is that their admins have nothing to hide. I have not seen more active admins in any other projects. And they will have answer to each and every query that is raised.
123vjain
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
August 14, 2018, 03:52:49 PM
 #816

Can people write two reasons that why should we invest in this project?

Isn't the number one reason for anyone to invest in a crypto project is LAMBO and MOON?
vishesh2009
Newbie
*
Offline Offline

Activity: 96
Merit: 0


View Profile
August 14, 2018, 04:02:44 PM
 #817

Can people write two reasons that why should we invest in this project?

Isn't the number one reason for anyone to invest in a crypto project is LAMBO and MOON?

Please do not fall to such things. Look at the fundamentals of the project before investing. This project has strong roadmap and backed by even strong team. Look for things like that.
Gratzio2
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
August 14, 2018, 04:06:57 PM
 #818

Can people write two reasons that why should we invest in this project?

For me, the biggest reason is that their admins have nothing to hide. I have not seen more active admins in any other projects. And they will have answer to each and every query that is raised.

Thank-you!
We strive to keep everyone interested in the project as informed as possible!
jazzybitcoin
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
August 15, 2018, 03:41:38 AM
 #819

Can people write two reasons that why should we invest in this project?

Isn't the number one reason for anyone to invest in a crypto project is LAMBO and MOON?

Please do not fall to such things. Look at the fundamentals of the project before investing. This project has strong roadmap and backed by even strong team. Look for things like that.

Haha. See I may not make sense. But return on investment is a key thing to look while making an investment
hoatran
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
August 15, 2018, 12:56:03 PM
 #820

An interesting idea, but it seems to me that it will take several years to advance this platform and interest users in this application.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 [41] 42 43 44 45 46 47 48 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!