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Messages - Chris4210

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181
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.

Quote
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!

182
And that's what you get out of the whole post?


...

@Chris4210 and the rest of the team:

Good job guys +5%

Thanks Karnal! We are looking forward to built awesome products for the Blockchain community!

183
The Steem announcement is here: http://steem.link/FBsdB

184
Zero Cost, digital currency Point-Of-Sale systems



WEBSITE · TWITTER · FACEBOOK · YOUTUBE

Quote
Hello and welcome to BlockPay - a team of FinTech and Blockchain enthusiasts who share the same goal of improving millions of people´s lives. The Blockchain is the most disruptive innovation of our generation and it’s up to all of us to make this happen.

We are happy to announce three awesome products and services for the Blockchain community; All revolutionary and groundbreaking in themselves!
Thank you for taking an interest in our work and I hope we can earn your trust in which BlockPay will build easy to use products for anybody so that we can all use digital currencies in our everyday lives. Join our growing community at the BlockPay live chat to get in contact with us. We would love to hear your opinion about our work!

Kind regards,
Christoph Hering, Founder & CEO







BlockPay Announcements here





ECHO Announcements here



Connecting different merchants, whales, bankers, traders and individuals together on one public ledger raises privacy concerns. How can you, as a business, prevent blockchain espionage of your competitors? A lot of companies are afraid their competitors could analyze their daily sales volume, metadata, consumer behavior or daily turnover in every store. This would be an extremely competitive advantage! They now have to choose between a public ledger or a private ledger. We would prefer to offer them the third option, a public ledger that keeps their accounts and amounts undetectable.

Stealth Transactions gives anybody 100% privacy on a public ledger. Every balance and transaction is verified by the Blockchain but not traceable with a Blockchain Explorer.



Read the official announcement about Stealth transactions.. You will love the ultimate in privacy.




BlockPay is a FinTech / Blockchain development company specializing in digital payment services. We are passionate Blockchain enthusiasts and want to provide easy to use software for everyone. We develop Point-Of-Sale and mobile payment software based on modern Blockchain technologies.

BlockPay have been founded by two experienced entrepreneurs Christoph Hering - CEO and Rodrigo Crespo - CMO. We employ an international team of +40 developers and various Blockchain & cryptographic experts.

We are growing fast and have now reached a point where we are opening up our platforms to all Blockchain communities. We prefer to unite the Blockchain communities and give them a broad range of products and services that match their individual needs.

Contact us for more information: info@BlockPay.ch




A total of 100,000,000 non-dilutable “BlockPay” tokens have been issued and will be distributed for early supporters, bounties, and campaigns throughout the full period and timeline of the Crowdfunding.

6,500,000 ”BlockPay” tokens will be distributed in this dedicated Pre-ICO during Phase 1, 2 and 3.

All remaining “BlockPay” tokens will be locked away in a dedicated reserve fund created by OpendLedger/CCEDK (they are acting as our escrow partner) and used in a 2nd Crowdfunding expected to take place in 2017. The BlockPay team has no access to these reserve funds.  We offer you in this Pre-ICO a special discount of up to 42% from the initial sales price of 0.0005 BTC/BlockPay Token




Phase 1 starts August 20th, 2016
We offer a special deal for our early supporters and current OPENPOS holders. We want to personally thank everyone who supported us during our first crowdfunding December 2015. We would not exist without you! We offer you an early access and a special buy back deal where you can exchange your existing OPENPOS tokens to BlockPay tokens 1 to 1.20!

How do you do this? Simple. Send your OPENPOS TOKENS to account: ico.blockpay on OpenLedger or other bts supported platforms and await distribution. Your proof of transfer is on the blockchain and this amount is deciding how many BLOCKPAY tokens you will receive. The special offer runs only from August 20th  to start of Pre-ICO.


Phase 2 starts August 23th, 2016
BlockPay tokens will be available for Bitcoin (BTC), Ethereum (ETH), BitShares (BTS) and Steem Dollars (SBD) and as well as multiple other digital  currencies, using the ShapeShift exchange converting of all other currencies into BTC at a fixed rate during Phase 2 and Phase 3. We will move into Phase 3 when all tokens from Phase 2 have been sold.

All funds can be monitored at all times on the OpenLedger dedicated escrow account ico.blockpay and all BTC in this address are held in a multisig escrow account only to be accessed at the end of the ICO. All Escrow services are provided by CCEDK.


The Pre-ICO will end once the 5,000,000 BlockPay tokens set aside for crowdfund have been sold.




You can purchase the BlockPay tokens at the Pre-ICO website:
Option1:BlockPay.ch Investor Relations
Option2:CCEDK.com- it will say ICO LIVE BlockPay
Option3:Sending funds directly to ico.blockpay. Transfer date is the base for your prices.

Limited Amount! Great discounts available in this pre-ICO, all based on Opening rate of 2017 ICO

Phase1:600,000 tokens@ 1:1.20 OPENPOS tokens/eachSpecial BuybackEnded
Phase2:1,400,000 tokens@ 0.000288 BTC tokens/each42.40% DiscountSold out
Phase3:3,000,000 tokens@ 0.000360 BTC tokens/each28% DiscountRunning
Phase4:2nd ICO@ 0.000500 BTC tokens/eachInitial Price


How much have been sold so far?
We added a short counter on our website with the funds raised. You will find our public address at  BlockPay Reserves

What do you gain from buying BlockPay tokens?
By ordering BlockPay tokens you support the development and continued growth of BlockPay, Echo and Stealth.
With your help, we can expand the global digital payments network where you can earn, hold, and spend multiple digital currencies. Getting BlockPay to every grocery chain, retail, restaurant, vending machine or gas station isn’t cheap, but with your support, we can build this network together.
 
Holding BlockPay tokens allows you to share in the rewards from BlockPay transactions as well as value increases from products built by the Company.





How are we planning to use the funds. Development and Pre-ICO timeline

1. Launch of BlockPay “S” in Google Play and BlockPay for Odoo
2. Additional BlockPay integrations into leading Point Of Sale systems
3. Development of BlockPay API
4. Adding more Fiat Gateways, Exchanges and Escrow Services
5. Development and introduction of Stealth transfers
6. Development and launch of ECHO for Android and iOS
7. Development of native iOS BlockPay “S”
8. Adding new features to BlockPay and ECHO
9. Building Digital Payment Infrastructure for the Future





Christoph@BlockPay.ch · WEBSITE · TWITTER · FACEBOOK · YOUTUBE

News updates


Important Announcement!

Phase 3 will close at Sunday 04.09.2016 8pm UTC+1. BlockPay distribution will start on Monday 05.09.2016 on the OpenLedger Exchange.
More info also at http://www.maxkeiser.com/2016/08/blockpay-announces-next-steps-after-the-end-of-pre-ico/#1d2CCIVkcGD3fYAb.99

Updates for the ICO in 2017
We will announce the detailed timeline, prices and ICO terms for the possible 2nd ICO when we need further expansion capital. ICO prices can be adjusted  to meet future market conditions and to guarantee a successful crowdfunding.



Important Update #2!

We are not related with the Echo crowdfunding of the PulseProject team! https://bitcointalk.org/index.php?topic=1596910.0 . That is a different team with a different project. We raise funds for our Echo messenger with the current BlockPay Pre-ICO.

Q&A
We did a short Q&A for the upcoming Pre-ICO, answering some of the burning questions and showing our faces ;)



Translations
Please PM me for a translation bounty. I am looking especially for Chinese, French and Spanish translations.

lxxtikk: BlockPay Pre-ICO Details in Russian
ShooterXD: BlockPay Pre-ICO Details in Portuguese
ether19: BlockPay Pre-ICO Details in Indien
restless: BlockPay Pre-ICO Details in Bulgarian and here
dansus021: BlockPay Pre-ICO Details in Indonesian
roncar: BlockPay Pre-ICO Details in Philippines



Bounty Program
We have a special forum bounty program for the Bitcointalk forum. You can find the full program managed by SFR10 here: https://bitcointalk.org/index.php?topic=1594462.0




Forbes · CoinTelegraph · Blockchain Asia · Blockchain Hong Kong · Bitcoin.com · Bitcoin Hub · Dash Merchants · Dash News

185
+5%
I like it.

So does this stealth only support transfers between accounts?  What if I have a stealth account and trade the UIAs and smartcoins, will my transactions also be private?

Yes, this stealth feature right now only works for transfers. All your trade positions are still open in the Blockchain.

If that could be improved even better, but if you can transfer an unknowable amount to an unknowable account, then nothing stops anyone from maintaining a public, randomly-named account name, and sending funds to/from there for trading.

Yes, the feature will give you a lot of new privacy features. The Orderbooks are transparent, but who owns and control the accounts can be private.

186
Really great work! I am looking forward to a more unique interface and GUI!  +5%

187
General Discussion / Re: An appeal to revitalize the forum
« on: August 16, 2016, 08:39:04 am »
There is already a first version of a Steem forum. http://forum.steemitforum.com/ Check that out. I agree with Karnal that we should be more active in the Forum too. It is still the home of many great ideas :) Steem is for announcements and fun, the Forum for real work.

188
General Discussion / Re: Peerplays Announcement - BTS Snapshot Date
« on: August 16, 2016, 08:35:59 am »
Great move Jonathan to continue the Sharedrop in the BitShares community!! Looking forward to play the first games on Peerplays :D

189
+5%
I like it.

So does this stealth only support transfers between accounts?  What if I have a stealth account and trade the UIAs and smartcoins, will my transactions also be private?

Yes, this stealth feature right now only works for transfers. All your trade positions are still open in the Blockchain.

190
General Discussion / Re: The connection of bitshares and steem
« on: August 07, 2016, 04:42:56 pm »
Welcome back Bitsharesrussia.

A lot has changed in the last two years! Especially with BitShares. Daniel has stopped the core development of the Bitshares platform and is now developing steem fulltime.  Steem is like BitShares build based on the Graphene toolkit, beside that the two platforms are not related or integrated.

Steem has ambiguous planes, building a new social network and a new eBay is just one of them. We have to see which role the BitShares DEX will play in all of that. Since Steem will introduce new currencies next to Steem Dollar, we have to see that Bitshares is not left behind. At the moment Steem does not have the UIA module installed, so you cannot create our own currencies and tokens on Steem yet.... Who knows maybe that will come too?

BitShares will grow as a decentralized exchange for all kind of assets, maybe even as marketplace between all crypto assets... However, that is still a long way to go. We need everybody's help to get there.

191
very good work Karnal  +5% +5% This is really cool that they add BitUSD.

192
Why would someone buy BTS and convert them into BitUSD, when the only thing he does is to raise the value of BTS and then risk losing all his money in an extreme scenario where the price goes down?

I think we have to consider the different users of a BitUSD.

First, we have the traders, bankers, and industry experts. The concept of derivative contracts is 101 for every trader. How to read the market, how to short etc. They are the ones who will be in charge of buying BTS and shorting BitAssets. They can handle the risk and hedge themselves against losses.

Second, we have regular users of BitAssets who do not understand the technical details how they work. And quit honestly they don´t care. They want to keep the digital currency linked to Fiat for consumption and savings.

The most important goal to prevent a big devaluation of BTS is to give users a reason to use it. If we have thousands of users who just use BitUSD for payments, then it is very unlikely that BTS lose their value in a very short time.
A community has to give a coin value. It is the same with Bitcoin and fiat currencies like Euro and Dollar. We as a society commonly agree that I can buy product and services in the value of 1 Euro at any time. If this common trust in the currency is broken, we have to come up with a new trade good.


Another solution would fit nicely would be that all worker proposals are paid in BitUSD but this would require a hard fork.
That's not true. I proposed on several occasions to create a new multisig account (owned by the committee) that actually creates the workers for people looking to work for BitShares, gets the BTS and borrows bitUSD at ratio 3x or more) to pay them to the "employee" ...
All we need to do is to agree on this process since the shareholder needs to pay 3x - MORE for the worker in BTS terms to fund the collateral.

I'm glad you agree this would be a suitable alternative. We should look to develop this idea further.
When I said it would require a hard fork I meant for it to be done in a decentralised way. 
Yes the committee-account could pay BitUSD to workers that mirrors the pay that they receive for their own worker proposals. (but this isn't very elegant)
The ultimate solution would be if all workers were paid in Bitusd that was created autonomously using the funds in the reserve pool as backing. (this would need a hard fork)


I would like to pick up the discussion here. How would such a BitAsset worker look like? How long would it take to write the code and who can control the worker? Would the BitAsset worker be a new worker type?

It would be interesting if I could choose between a BTS or BitAsset worker. We should consider the option and give it a try. I am for a BitAsset worker!



193
When do you expect your Pre-ICO to be? I like what you are doing and I would like to invest  :)

Hi Dr.Reefer,

we will soon publish more information about the pre-ico.

best regards,

Christoph

194
Stakeholder Proposals / Re: [Worker Proposal] BitShares Webdesign Mockup
« on: August 04, 2016, 07:09:42 pm »
So to give you all an update about the worker.

Over 211,411,529 BTS came together voting for an update of the BitShares Website. Unfortunantly I could not get enough support from the community this time. I want to thank you all for your support.

Ok so how do we continue?

I have started the redesign progress with a designer team already and will get the first drafts in the next days. We have summer holidays right now, so it might take longer than I want it. Please be more patiened. I will create a Steem post with the drafts and try to compensate the design costs this way.


Does anybody from you know if you can run a CMS on a Github site? Right now BitShares.org is hosted by Github and it is not easy to update content on the site. Any ideas?



195
General Discussion / Re: poll for bitUSD parameter optimization
« on: August 04, 2016, 04:38:51 pm »
What is the parameter actually doing?

2.)  reduce max hourly settle volume to 0.5%

So I can maximum settle a total volume of 0.5% per hour? When I want to settle 100 BitUSD, I can only settle 0.5 BitUSD in one hour? That would slow down any black swan event.

What is the reason for 20% right now? What does it protect?

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