Quote from: Snelling on April 22, 2014, 08:28:56 PM

Quote from: greenpay on April 22, 2014, 08:23:27 PM

Quote from: Snelling on April 22, 2014, 08:18:00 PM

I'd like to see more, but I'm definitely interested.

We have any idea what a 2 BTC investment will purchase?

Hi Snelling,

Thank you for your interest in investing in GreenPay. We have decided that the best way the price of a coin should be determined in IPO stage is to let the market determine it. Hence, suppose a given scenario where we raise 100 BTC for this IPO, a 2 BTC investment would give you 2% (2 divided by 100 * 100 ) of the total 8.5% of coins allocated for initial distribution.

8.5% of the total supply 96m is 8160000, and 2% of 8160000 is 163200, so an investment of 2 BTC and a given hypothetical that we raise 100 BTC total during IPO period would give you 163,200 GreenPay credits.

What are the details on the Escrow address/steps we need to take from here?

All details are provided above in the PRE-ANN and also posted by "escrow.ms"
For your convenience I have quoted them and posted below.
Thank you for your interest.

Quote from: escrow.ms on April 22, 2014, 04:28:16 PM

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

ESCROW AGREEMENT

The escrow address for GreenPay is :

BTC: 1CnXovwbHwvnLUEDH497BXtkoKWoyh9bTd

https://blockchain.info/address/1CnXovwbHwvnLUEDH497BXtkoKWoyh9bTd

Escrow Procedure and Payment Instruction

You need to send funds in escrow address and PM me tx id.
After IPO will be closed, GreenPay will be distributed to the IPO buyers by me.

Note:
Please only send funds from the wallet you fully control.
I will require signed confirmation message or proof of payment from all buyers to release escrow.
Don't use exchange sites and offchain wallets like coinbase.

Terms and Conditions:

1. Only 8.5% coins wil be available for IPO out of 96,000,000 Total coins.
2. Refunds will be available until 1 hour before the date of launch.
3. The total amount of BTC received will be divided and distributed to investors in 24-48hrs after launch.

Discharge of Escrow Agent.
Upon the delivery of all of the subject matter or monies pursuant to the terms of this Escrow Agreement,
the duties of Escrow Agent shall terminate and Escrow Agent shall be discharged from any further obligation hereunder.

Fine Print:
This Contract is solely generated for the purpose of facilitating the transaction between the seller and the buyer, which refers to the pseudonyms used on bitcointalk.org.
As a Escrow I am only here to make sure you get your GreenPay coins. I don't take any responsibility of other promises from developers.
The escrow holder, escrow.ms, assumes and gives no liability or guarantees on the satisfaction of all parties involved, although he agrees to mediate and facilitate the deal to the fullest extent he is capable of.
The verbal acceptance by both parties (or the failure to reject) and the sending of Bitcoins to the escrow address above constitutes the acceptance of the terms and conditions stated, and the activation of this Contract.

Please understand that I am assuming the risk of holding the escrowed Bitcoins, and I am using my own time to facilitate this transaction.
I am imposing a fixed and nonrefundable fee of 1% for this transaction which will be paid by the developer.

Thank you
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