Post
Topic
Board Tokens (Altcoins)
Re: [ANN][ICO] PolicyPal Network - Future of Insurance for Unbanked and Cryptoassets
by
TrueReligionn
on 19/02/2018, 14:36:11 UTC
Be aware of this project! They got many hype and people are just blindly following it, not even reading whitepaper. They don't have any token economy. Token is not used on platform there will be no reasons for it to grow even after platform will be SUPER popular.
Their whitepaper says that the usecase of token is ability to take part in some votings and taking part in surveys! Fantastic, you really think that people will rush on exchanges to buy your tokens to take part in surveys???
And policies on platform can be purchased using fiat money, avoiding policypal token.

After asking admins in telegram group about it, I was banned.
Here proofs

https://imgur.com/a/4Smqo

https://imgur.com/a/U4NEK

https://imgur.com/a/HmFNQ

As it is a insurance company they need to be able to reach out to the masses. Then you do need fiat as option, at least in the coming years.
There could be some more clarification on the advantage of holding -that is a valid point, but fiat option is quite smart for now.
Banning is probably because of your tone btw. Your post have not been deleted here so it dont apear like you are not allowed to express your opinion.


How can you delete my post on forum, lol you shilly-Billy?
There is no sense for me as investor of holding their token if they are taking payments in fiat on their platform. It comes that I will only give them money for their business and they will give me token that is not even needed to use on their platform.
There are tons of projects who made a simple system for fast adoption for people who don't know how to use crypto.
Those projects making gateways on their platforms and when people want to use their product they can pay in fiat BUT: Fiat is automatically converting to the platform token through gateway. And company is buying tokens back from exchanges and token holders to swap it for fiat on their platform for non crypto-adopters

I hope you will get your little pack of bounty coins for shilling this money-grabing project