[ICO] 1st 🥇 marketplace working on the blockchain right now! - Storeplex 🛒

[Chetainya]

Is it possible to mine your coins?

Unfortunately, PLEX tokens cannot be mined. They can only be minted during the Pre-ICO and ICO.

Is this a security token or a utility token?

It's a utility token

Will the marketplace show the products cost in USD/ GBP or Plex tokens? Sorry if this has been asked earlier.

Looking at their MVP, the prices are quoted in USD. Now I do not now whether it will be local currencies for other countries, but definitely not in plex i guess.

PLEX will be one of the currencies on the marketplace that users can display prices in and purchase goods or services with.

In order to promote plex tokens, will you buyers some benefit so that they make payment through plex tokens?

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[anshulairdrop]

Is there any minimum investment for this proejct?

[jazzybitcoin]

Will the website be available in different regional languages?

[vishesh2009]

Have you made any contacts with exchanges to list the tokens?

[salonilibra]

If buyers and sellers are registering for free and trading free, how is storeplex going to maintain the operating and maintenance costs in the future?

[Storeplex]

Looking at their MVP, the prices are quoted in USD. Now I do not now whether it will be local currencies for other countries, but definitely not in plex i guess.

PLEX will be one of the currencies on the marketplace that users can display prices in and purchase goods or services with.

In order to promote plex tokens, will you buyers some benefit so that they make payment through plex tokens?

For all transactions made using PLEX, the buyer will receive 3% cashback and the seller will not be charged any processing fees. This will encourage users on the platform to use PLEX instead of BTC, ETH, LTC etc.

[Storeplex]

Will the website be available in different regional languages?

Unfortunately, there are no plans to directly translate the website into different languages as Google provides a satisfactory service. However, the white paper and other important documents will be translated in due course.

[Storeplex]

Have you made any contacts with exchanges to list the tokens?

We have contacted ForkDelta and other smaller exchanges in an attempt to have PLEX listed quickly after the ICO.

[Storeplex]

If buyers and sellers are registering for free and trading free, how is storeplex going to maintain the operating and maintenance costs in the future?

Storeplex will take a 1% processing fee from transactions on the marketplace that are made using other supported payment methods (BTC, ETH, LTC etc.)

[Chetainya]

Looking at their MVP, the prices are quoted in USD. Now I do not now whether it will be local currencies for other countries, but definitely not in plex i guess.

PLEX will be one of the currencies on the marketplace that users can display prices in and purchase goods or services with.

In order to promote plex tokens, will you buyers some benefit so that they make payment through plex tokens?

For all transactions made using PLEX, the buyer will receive 3% cashback and the seller will not be charged any processing fees. This will encourage users on the platform to use PLEX instead of BTC, ETH, LTC etc.

What is the transaction fees for transferring plex tokens?

[akjain]

How many tokens have you created for the project?

[salonilibra]

If buyers and sellers are registering for free and trading free, how is storeplex going to maintain the operating and maintenance costs in the future?

Storeplex will take a 1% processing fee from transactions on the marketplace that are made using other supported payment methods (BTC, ETH, LTC etc.)

But do you think this will be sufficient to manage all the expenses? We are already paying cash back as well on plex tokens, so many buyers will not opt for other payments.

[vishesh2009]

Have you made any contacts with exchanges to list the tokens?

We have contacted ForkDelta and other smaller exchanges in an attempt to have PLEX listed quickly after the ICO.

Any particular reason that you are not going for bigger exchanges?

[salonilibra]

Have you made any contacts with exchanges to list the tokens?

We have contacted ForkDelta and other smaller exchanges in an attempt to have PLEX listed quickly after the ICO.

Any particular reason that you are not going for bigger exchanges?

I guess the main reason no one commits big names in the beginning is that these big exchanges require huge funds to list. And right now till they have not raised that much amount of funds, its better to stick with smaller and good exchanges.

[Storeplex]

For all transactions made using PLEX, the buyer will receive 3% cashback and the seller will not be charged any processing fees. This will encourage users on the platform to use PLEX instead of BTC, ETH, LTC etc.

What is the transaction fees for transferring plex tokens?

PLEX tokens can be transferred between wallets by simply paying the gas fee that the Ethereum blockchain requires.

[Storeplex]

How many tokens have you created for the project?

There is a total maximum supply of 100,000,00 (100 million) PLEX tokens.

[Storeplex]

If buyers and sellers are registering for free and trading free, how is storeplex going to maintain the operating and maintenance costs in the future?

Storeplex will take a 1% processing fee from transactions on the marketplace that are made using other supported payment methods (BTC, ETH, LTC etc.)

But do you think this will be sufficient to manage all the expenses? We are already paying cash back as well on plex tokens, so many buyers will not opt for other payments.

Our market research shows that Bitcoin will be one of the most prominent cryptocurrencies used on the marketplace. This indicates that the fees from Bitcoin transactions alone should be enough to cover server and staff costs for the marketplace. And the cashback scheme uses pre-allocated tokens.

[Storeplex]

Have you made any contacts with exchanges to list the tokens?

We have contacted ForkDelta and other smaller exchanges in an attempt to have PLEX listed quickly after the ICO.

Any particular reason that you are not going for bigger exchanges?

As salonilibra explains, large exchanges require a lot of funding in addition to a minimum market cap. We have ambitions of being listed on larger exchanges, just not right now.

[akjain]

How many tokens have you created for the project?

There is a total maximum supply of 100,000,00 (100 million) PLEX tokens.

And what is the circulating supply?

[salonilibra]

If buyers and sellers are registering for free and trading free, how is storeplex going to maintain the operating and maintenance costs in the future?

Storeplex will take a 1% processing fee from transactions on the marketplace that are made using other supported payment methods (BTC, ETH, LTC etc.)

But do you think this will be sufficient to manage all the expenses? We are already paying cash back as well on plex tokens, so many buyers will not opt for other payments.

Our market research shows that Bitcoin will be one of the most prominent cryptocurrencies used on the marketplace. This indicates that the fees from Bitcoin transactions alone should be enough to cover server and staff costs for the marketplace. And the cashback scheme uses pre-allocated tokens.

But I always prefer using stellar, Nano or Neo/Gas because of the high transaction speed and low transaction fees. Yeah but thats very true, most of people prefer doing transactions using BTC.