Quote from: Chris4210x on August 17, 2016, 10:37:34 AM

Thank you all for your questions, I am answering all the questions I can for you.

Just one thing at the beginning, your faces are all over our websites and products. We are running a weekly VBlog on our Youtube channel and Steemi.com to share the latest updates with all of you. See here https://www.youtube.com/channel/UCb78hNwIPH_44DnpvFrA-NQ/videos and here https://www.youtube.com/playlist?list=PLjbx3qSmDe7T2kDfVS3av-qcCHt_i_mJm . I am looking forward to meeting you all in person on a Bitcoin Meetup, the Blockchain Week in Shanghai or the upcoming Bits&Pretzels Start-up Festival in Munich. We will be also at the Slush festival this fall to present BlockPay.

Quote from: BoldNinja on August 16, 2016, 05:14:48 PM

Interesting, but isn't a price a bit steep ?
Phase1:   600,000 tokens   @ 1:1.20 OPENPOS tokens/each
Phase2:   1,400,000 tokens   @ 0.000288 BTC tokens/each
Phase3:   3,000,000 tokens   @ 0.000360 BTC tokens/each

Meaning that even at cheapest phase of 2 if we multiply that by 100m (coins that will be created) would put an immediate 16m market cap, but as this is capped at 1,4m when we hit phase 4, ... average will probably be more like 25m.

What happends if not all coins are sold? Since you have a fixed price for tokens it means you have a fixed number of BTC that you wish to rise how much is that?

Hi BoldNinja,

thanks for your question. We have developed 5 working proof of concepts over the last 10 months which are all documented on our youtube channels, VBlog on Steem and other sources. I am more than happy to demonstrate the working Apps at your local Bitcoin Meetup. https://www.youtube.com/channel/UCb78hNwIPH_44DnpvFrA-NQ/videos <-- All Videos are here.

BlockPay is finished and is a point-of-sales system that supports Bitcoin, Ethereum, Dash, Litecoin, Dogecoin, Peercoins, Steem, BitShares and many more currencies natively. We are starting with 10 pilot stores and beer gardens here in Munich and are going to expand all over the World in the next months.

We have set up a global BlockPay Ambassador program, 54 Ambassadors in 25 countries who will promote and sell BlockPay to stores, restaurants, bars, retailers, groceries and much more. We are negotiating with top Retailers in Germany, Netherlands, Israel, Argentia and much more. In comparison to most other Blockchain Startups, We have a product ready to ship, that solves a real world problem. We don´t develop a product that maybe can be used for an unknown problem in +10 years future. We develop real life business solutions for Users, Enterprises, Charities, and much more. More info at www.BlockPay.ch and www.My-Echo.com

The Pre-ICO prices seem high, however, if you think about the marketing and developing cost of a true WeChat, WhatsApp and PayPal killer it is rather small. Promoting a new Instant messenger like Echo on a global scale costs millions... Integrating BlockPay in major ERP & POS software solutions from GK Software, SAP, Ingenico, NCS and much more requires high license fees. 5 to 6 diggets per month just to be added in their hardware terminals...

All unsold tokens will be added to the reserve fund. We have no access to the reserve fund and it is locked away by our escrow partner.

Quote from: penniless1 on August 16, 2016, 05:50:57 PM

Quote from: Chris4210x on August 16, 2016, 04:06:12 PM

Better than Plutus. BlockPay "S" and BlockPay for Odoo is working very smooth already and we are adding the latest features right now before the upcoming release. Please see our demo video from BlockPay "S" and our Smartcoins Wallet : https://www.youtube.com/watch?v=3vZ3o662RUw

Here is the Demo video for BlockPay for Odoo : https://www.youtube.com/watch?v=N7h2bs-ZWXo

So is Blockpay available in Odoo online demos? I would like to try it out a bit, see if I can seriously recommend it to small businesses.

Odoo is an open source ERP program like SAP with many modules. We can introduce you as a future partner to Odoo if you are interested. BlockPay for Odoo will be added to the Odoo App store within the next weeks. You can see it working in the youtube video.

Quote from: mazzaneo on August 16, 2016, 09:36:06 PM

'Holding BlockPay tokens allows you to share in the rewards from BlockPay transactions as well as value increases from products built by the Company'

Can you please elaborate on what that means? Do you have any more information you can divulge prior to the IPO, it would be handy to see some kind of formula which will explain roughly what returns we can expect based on certain scenarios.

Thanks

We are a FinTech / Blockchain Start-up from Munich with three major projects under development, BlockPay, Echo and Stealth transfers. Beside that we also offer white label mobile wallets, full integration in our POS System, Loyalty rewards, and-and and. We have many Blockchain-based products we want to kickstart with sufficient funding. They all serve on purpose. To built business-ready tools for the whole Blockchain community!

Quote from: _Django05_ on August 16, 2016, 09:47:39 PM

Why set price while most of the ICO's do not?
If we do not sell all the tokens on Phase 2 then moving to phase 3 will be impossible, What will happen then? I'm not saying it will happen, im just speculating. And why use CCDEK as escrow, why not just use trusted escrow here?

Sorry for a bunch of questions. Thanks.

We followed the success of the HEAT, Peerplays, Lisk, Wave ICO etc. very closely. I decided to set up a fixed price for this first ICO so that we can ensure we get the minimum amount we need to progress, but don´t get killed by the tax bill after the ICO. In comparison to many other ICO on this platform, we are publicly showing our registered company name, address, Nr etc. and are fully incorporated and will pay the taxes for this crowdfunding. CCEDK has proven to be a solid partner in the ICO space and provides an all-in-one Service for startups like us. They handle, the Token creation & distribution, multisig escrow, marketing, sales of tokens and much more. We are happy to use the CCEDK service since it saves us a lot of time.

Quote from: cyberhacker on August 17, 2016, 07:32:29 AM

hi, http://btc12.com/ published a post about echo/blockpay review.

http://btc12.com/2016/08/17/blockpyaechostealth-triple-trap/

btc12 is a blog offering insides/review/updates of recent ICOs, trying to bridge Chinese investors to most promising ICOs.

enjoy.

Hi cyberhacker, I answered Pat´s commentaries already. I hope that helps to answer his questions.

Quote from: lestherat on August 17, 2016, 07:51:14 AM

Sound very interesting project, just one thing, you cant set the price of your ICO, if you have a good project the people invest in you.

Selling your coins at very high price is not the way to do.

I really want to say i would invest in your coin, but i dont like you want to collect +40,000 btc plus you are not showing your face or your team.

This will not happen, open an normal ICO, collect the funds with your project and plans, show your face, nobody want to invest in anonymous guy, what if you ran with all the btc, no way.

Start thinking what to do, you can end with millions of useless coins. You are not to late to do the right thing.

Hi lestherat, Our faces are all over the place on Linked In, Steem, Youtube and on your weekly VBlog, plus our websites. I am more than happy to invite you to our 3 monthly Blockchain events I organize here in Munich. Come over and I buy you a cold fresh drink with BTC in our favorite Bar

Looking forward to chat.

Quote from: happynorway on August 17, 2016, 08:25:08 AM

ICO again?

Legit or scam? The images looks like scam.

Have you seen our Vblog and videos already? I am more than happy to show you a live demo of our products.

Will legit companies allow stealth payments ? İ dont think so.. And who will you use as a escrow for the pre-ico ? Wille able to pay with btc in the first phase of the İCO to be equal with the OPENPOS holders ?

There are many scams like Opair which looked legit in the beginning.. thats why ask.