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[anfisa75]

If they have the Emirate Royal personalities here, then there's no need to run IEO? Why the need to run crowdsourcing here? Why not launch the project without collecting funds from the public? Times are tough these days. I assume these Royal Highnesses can pull some strings so you will have no problem with finances.

The Emirati Royal Family gave CPI full endorsement & support and also bought 15% stakes in the company back in 2019. For a crypto project, mass scale adoption and crowdsourcing is the key factor for success and development of the project, hence the crowd funding.

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[mexite]

I need to have answers to these questions:
1. You made mention of two tokens CPIX token and CPI coin. What is the difference between the two and what's their utility?
2. Do you have any MVP currently or it's in the offing for CPI project?

[Santri]

CPI is going is get listed on many other exchanges, starting from august. There will be increase in the overall volume. Despite the volume, CPI token performed well on hotbit, there will be many big exchange listings coming up in the near future.

where did you get that information? Can you share a link or conversation if August CPI will be listed on several exchanges?

Yes, you can still take part in the Bounty/Airdrop Campaign. One can win $150 worth of CPI. Check here - https://bitcointalk.org/index.php?topic=5262222.0

in my opinion this is not bounty/airdrop because only 15 people will get $ 150, it's more appropriate to say gambling because it depends on luck. airdrop or bounty will get an even reward and no draw

[anfisa75]

If they have the Emirate Royal personalities here, then there's no need to run IEO? Why the need to run crowdsourcing here? Why not launch the project without collecting funds from the public? Times are tough these days. I assume these Royal Highnesses can pull some strings so you will have no problem with finances.

I read the PAID article on their site from CoinTelegraph and it says they are just been endorsed by the Emirate Royal Personalities not that they have the full support like funding. If they are really backed by them then Hotbit shouldn't be the exchange to run their IEO it should be a much more reliable exchange.

Looks like Emirati Royal Family Acquired 15% stake back in 2019. Here is the appropriate link : https://www.the-blockchain.com/2019/10/25/uae-royals-acquire-15-stake-in-cryptocurrency-tracker-crypto-price-index/
Hotbit exchange is just the initial stage. CPI will be listed on many other exchanges in the near future.

[anfisa75]

I don't see CPI token sale activity on hotbit, give me link to it.
One more question,
whether investors who buy CPI token in large quantity will get a discount

Tokensale seems to have ended and now you can only buy CPI on hotbit exchange, the available pairs are USDT, BTC, ETH. but considering the volume is still unclear I think you will reconsider if you want to try investing in CPI Token

At first I was confused to see it, I was surprised when you said it was over, it looks like the CPI token site is not updated, because I still see that the private sale is still marked with "live", but the "buy now" button link was replaced to the hotbit exchange.

You can buy CPI from Hotbit. Here is the link: https://www.hotbit.io/exchange?symbol=CPI_USDT

[anfisa75]

This seem like a great concept. The team look solid. Wapinter, you don't normally create ANN threads, I'm a supporter of your bounties; should we expect a bounty soon?

Yes, the CPI Ecosystem is build on strong foundation. We have put together a strong and talented team.

[anfisa75]

I need to have answers to these questions:
1. You made mention of two tokens CPIX token and CPI coin. What is the difference between the two and what's their utility?
2. Do you have any MVP currently or it's in the offing for CPI project?

CPI COIN

The CPI coin is essentially a governance token, which is used to represent an interest in the health of the CPIX token ecosystem. In this way, the CPI token will be the core unit of the CPI ecosystem, as it’s directly used to access our products and services, and is in no way an investment by itself. CPI token holders will be able to reward or penalise participants in the CPI network. CPI holders are incentivised to participate in the governance of the ecosystem through coin burns.


CPIX TOKEN

We propose the use of our CPIX tokens, built using smart contract technology which allows us to track the value of external crypto assets using wrapped tokens. The ‘X’ in CPIX represents the number of assets which form the underlying investments for that token. For example, ‘CPI200’ could represent the top 200 crypto assets, whereas ‘CPI5’ would be an index of just the top 5 by market capitalization. For the purposes of this whitepaper, we will refer to all indexed coins as CPIX.

[Wapinter]

Do you want to know more about CPI's and their support from several prominent Emirate families? Check out this article about CPI on CoinSpeaker.

Listing of CPI on Hotbit July 15th. Trading Functions Opens at: 16.00, July 15th, 2020 (GMT+8) 🔥🔥

https://www.coinspeaker.com/crypto-price-index-defi-platform-digital-assets-uae/

[VegasCasinoBits]

WTF is going on? CPI already to $12.29 on hotbit?!?!

Holy shit

[anfisa75]

Bounty/Airdrop Campaign for CPI Token is still active. You can register yourself and take part in the campaign. Here: https://bitcointalk.org/index.php?topic=5262222.0

[VegasCasinoBits]

I have no idea what is going on here, but this token went live on hotbit at $5 USDT and hit $40 today!

WOWWWWW 

[kopisusu]

I have no idea what is going on here, but this token went live on hotbit at $5 USDT and hit $40 today!

WOWWWWW 

I'm also curious, what's actually happening, why suddenly there is a very large pump? So sorry I didn't buy CPI when it was $ 5, I should have made a lot of profit

[VegasCasinoBits]

I have no idea what is going on here, but this token went live on hotbit at $5 USDT and hit $40 today!

WOWWWWW  

I'm also curious, what's actually happening, why suddenly there is a very large pump? So sorry I didn't buy CPI when it was $ 5, I should have made a lot of profit

My guess is there was no ICO so there's no small bag holders waiting to dump, and it looks like all the larger investors (like the royal family partnership) wallets are locked up for a long period of time, at least that's what seems to be in the smart contract. So anyone who buys privately in large amounts (e.g., not on exchanges) has to wait out the vesting period before they can sell, so there is literally very little sell pressure on the market, and a whole lot of buy pressure. This thing could go A LOT higher, I think. At least until the early exchange buyers want to sell and take profit. I'm thinking about buying a bunch more to see what happens.

[reap_chain]

The project has a comprehensively developed team drawn from different countries. Also positive side is that they was listed on HotBit already. Big plus

[anfisa75]

CPI is currently trading over $44 USDT on Hotbit.
A big leap from the listing price of $5 USDT.

[anfisa75]

The project has a comprehensively developed team drawn from different countries. Also positive side is that they was listed on HotBit already. Big plus

CPI has put together a strong team that is from different part of the world. CPI token has strong fundamentals, results of which can be seen on hotbit right now. With a listing price of $5 USDT, CPI price has jumped to $44 USDT as of now.

[VegasCasinoBits]

WOW!!! CPI is above $50 now and still going up!

[Twinkledoe]

The project has a comprehensively developed team drawn from different countries. Also positive side is that they was listed on HotBit already. Big plus

CPI has put together a strong team that is from different part of the world. CPI token has strong fundamentals, results of which can be seen on hotbit right now. With a listing price of $5 USDT, CPI price has jumped to $44 USDT as of now.

Their price jump is really amazing. I hope this is not a trap for late buyers. Is the rise because of their Royal ties? Their roadmap is very simple so I don't know if the rise is really organic. Just be careful when touching this one if you are not really familiar with this project.

[VegasCasinoBits]

Their price jump is really amazing. I hope this is not a trap for late buyers. Is the rise because of their Royal ties? Their roadmap is very simple so I don't know if the rise is really organic. Just be careful when touching this one if you are not really familiar with this project.

I think the price jump is just because there was no ICO and most early investors were large VIP type buyers whose wallets are locked for a period of time, so they can't sell. No sell pressure on the market = MOON for buyers! It should still keep going up if my understanding of the smart contract is correct.

[reap_chain]

So right now the project has Private Sale live and they already had IEO on Hotbit, July 15 2020. As you can see from RoadMap project has plans until Q4 2020. Interesting to know what will be after this date, is there more plans