There are many good reasons to take a closer look at BlockPay and the other products we built. First we support all leading Blockchain currencies and give senior currencies like Peercoin a new tool to use their coin. Dash is already very excited about BlockPay. Second we do not charge fees to the merchant. The business owner gets 100% of the funds he requested within a few seconds. In some cases even in 3 sec, P2P. Since its crypto money, the business can immediately pay it forward. Third BlockPay is available for all kinds of platforms, today for Android and in Odoo, tomorrow for iOS and as open API for your business.
Can shopowners choose what currency to receive? For example: Customers pays in bitcoin, Shopkeeper receives Euro's.
Yes, the Shopowner can decide which currency to receive. A Shop in Europe, can get Euro but also USD or Bitcoin if they choose so. We are planning to provide a broad spectrum of currencies, including digital assets like Digix Gold etc. I hope we have the right currency for each merchant.
In your video you say the shopowner receives a digital version of a euro or dollar. They have to sell this digital version of a euro to get real euro's.
1. So how does this work? Trough what system/platform/blockchain?
2. Can the shopowner skip this process, so that it automatically gets out of the digital version and receives the fiat euros in his bankaccount?
Another question i have is the following: you say the payout to blockpaytokenholders will be (up to) 15%. The OPENPOS tokenholders are receiving 50%.
3. How much did you guys pay out until now to the OPENPOS tokenholders and is it possible to see this in a bitshares explorer (Just to get a feeling about how much the rate of return on investment was for the OPENPOS tokenholders)?
The Blockpaytokens have no function in your platform. There is nothing legally binding for your company to pay out anything to tokenholders. So the tokenholders have a weak legal position. You have a promising project. And i want to invest in it. Although nothing is legally binding, i think it is important that you announce what the percentage is that tokenholders will be receiving, so that there is some kind of agreement between tokeninvestors and company.
Cheers!