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General Discussion / Re: [ANN - Pre-ICO] BlockPay - Zero Cost, digital currency Point-Of-Sale systems
« on: August 16, 2016, 10:15:29 pm »OPENPOS was originally suppose to get 50% of all fee's generated by the Oodoo terminals. What happened to that? What if we choose not to sell our OPENPOS?
The problem I see is that you are only allotting 0.6% of the total supply of blockpay tokens to OPENPOS holders. OPENPOS holders should receive at least 20% of the total supply.
Also based on your math... you are valuing each block pay at approx $0.216. Giving you a valuation of approx $21.6 million at ICO time. How do you come to this sort of valuation. ?
Since the questions have been already answered on Steem, I just copy and past the answers here plus the link.
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The function for old OPENPOS tokens stays the same. You can choose between the buyback or keeping them. However, OPENPOS tokens are limited to Odoo transactions only. BlockPay tokens give you access to all our products (Smartcoinswallet, Echo, BlockPay, Stealth and more) .
We are giving more than 3 to 4 x back to OPENPOS holders. Our early adopters bought for 15-21 BTS per OPENPOS and we buy back for +32 BTS per Token, more than double!
We crunched the numbers several times, with an international BlockPay Ambassador team of +45 people in +20 countries and first big corporations running down our doors to finally get integrated with BlockPay we have all elements in place to bring Blockchain technologies to the market. We are starting on 5 continents and expect a huge growth and a faster user adoption. The economy is ready for Blockchain-based financial systems. We are providing the right tools for business to get started and save time, money and increase security. We are ready.
https://steemit.com/crypto-news/@Chris4210/ann-pre-ico-blockpay-zero-cost-digital-currency-point-of-sale-systems
We will publish more info about the OPENPOS buyback this week. Thanks for your great support so far!