Quote from: TokenPayDerek on November 14, 2017, 04:09:09 PM

Quote from: unicornico on November 14, 2017, 03:30:53 PM

I have been following this one for a couple months now on Twitter and read the Whitepaper last weekend (quite the read at 70 pages). I have a few questions, so glad to see this posted here.

1) I see Sunerok the lead developer of Verge Currency as the Blockchain Audit Advisor. Is he going to lead the TokenPay blockchain development team? If not, what are the plans for onboarding a lead developer to this project?

2) This coin looks ideal for a marketplace due to the security and anonymity features. Are there any plans to roll one out on Tor or on the clearnet?

3) I see a few coins that are planning to integrate a bank. None have to my knowledge have actually completed any bank acquisition deal. I suspect that the regulatory framework would not allow the bank to transact in USD or with US customers. Have you had any advanced discussions regarding this? I see that you mention the HKD. How useful would transacting in the HKD be for people outside of Hong Kong?

4) Is this Token Sale open to all people worldwide? I do not see any geographical restrictions.

I am sure I will have more questions soon and wish you luck with this ambitious project. Thanks for taking the time to put this together.

Thanks for your question. I will address each one below:

1. Sunerok is the Lead Developer of Verge Currency, which is a coin that I personally find to be amazing and it heavily influenced the scope of this project. He was enlisted by TokenPay to audit the integrity, security and quality of the blockchain. He has completed this task. The TPAY coin has passed his rigorous audit with flying colors. This is why we call it The Worlds Most Secure Coin. We do anticipate that Sunerok will continue with the project as the Blockchain Advisor. The plan is to use proceeds from the Token Sale to hire a world class team of crypto developers. Our focus is on the blockchain technology and we strongly feel that given the demand for a coin of this nature that it can eventually be a Top 10 coin and the leading privacy product on the market.

2. We are working on a Tor Marketplace for TokenPay as part of the overall platform buildout. Transactions will naturally be conducted in TPAY. One thing I will note is that this will be a fully compliant Marketplace for the purposes of conducting legal transactions anonymously with no fear of counterparty risk.

3. We are very aware a lot of other blockchain projects that are making claims about acquiring a bank. However, we believe that we have a unique opportunity given the involvement of actual bankers and financial professionals on board who understand and are capable of securing the necessary licenses. Offshore banking is extremely complex and is still a case of who you know and we feel that we are ideally positioned to capitalize on this based on our extensive contacts already in Asia. As far as your question on the USD goes, Ill defer that to a later date. Most offshore banks do not accept US clients for regulatory reasons.

4. Yes, the Token Sale is open to everyone worldwide. We do have a highly regarded US lawyer on our Team named Senen Garcia along with an attorney who is an International banking and compliance specialist named Carlos Araya. Please make sure to read all of the legal terms prior to participating in the Token Sale.

Thanks Derek. Very helpful color. Somebody asked about exchanges. Clearly that has been the main driving factor we have seen in coin valuations. What exchanges are you planning to roll out on and what would be the timeline following the token sale?