OPENPOS will be dead?
Why buy back but not share drop?
OPENPOS will keep its function. We offer our early supporters a chance to upgrade to BlockPay tokens. We realized over the last months that we want to share the profits from all our products and not create separate tokens for BlockPay, Echo, and Stealth. You want to have a share of Apple Inc, and not of IMac Inc.
We are giving back up to 4x the value with the buyback. It is a great time to earn the first rewards, from your early OPENPOS purchase. BlockPay tokens in value of +100,000 USD will be used for this buyback
OPENPOS will be dead?
Why buy back but not share drop?
OPENPOS will still maintain its original function. It will receive 50% of all fee's generated by the Oodoo terminals. This works out to OPENPOS having nearly 200x the earning power when it comes to Odoo fees vs Blockpay.
Yes, correct. But please also consider that Odoo is a niche player in terms of POS Systems. Odoo has over 60,000 Business Partners who use their software to manage their business and some business has hundreds of stores all over the country. In comparison to the big players with +200,000 Business Partners the Odoo market will be limited. We already started to talk to more POS System provider for future integration, including Shopify and more. BlockPay tokens give you the chance to participate with our global business.
In conclusion, we want to give you as many options as possible. We are super grateful for your great support and pay back as much as we can!