Zero Cost, digital currency Point-Of-Sale systems
Website, Twitter, Facebook, Youtube
Hello and welcome to BlockPay - a team of FinTech and Blockchain enthusiasts who share the same goal of improving millions of people´s lives. The Blockchain is the most disruptive innovation of our generation and it’s up to all of us to make this happen.
We are happy to announce three awesome products and services for the Blockchain community; All revolutionary and groundbreaking in themselves!
Thank you for taking an interest in our work and I hope we can earn your trust in which BlockPay will build easy to use products for anybody so that we can all use digital currencies in our everyday lives. Join our growing community at the BlockPay Life Chat to get in contact with us. We would love to hear your opinion about our work!
Kind regards, Christoph Hering, Founder & CEO
Website, Twitter, Facebook, Youtube
Hello and welcome to BlockPay - a team of FinTech and Blockchain enthusiasts who share the same goal of improving millions of people´s lives. The Blockchain is the most disruptive innovation of our generation and it’s up to all of us to make this happen.
We are happy to announce three awesome products and services for the Blockchain community; All revolutionary and groundbreaking in themselves!
Thank you for taking an interest in our work and I hope we can earn your trust in which BlockPay will build easy to use products for anybody so that we can all use digital currencies in our everyday lives. Join our growing community at the BlockPay Life Chat to get in contact with us. We would love to hear your opinion about our work!
Kind regards, Christoph Hering, Founder & CEO
Hello and welcome to BlockPay - a team of FinTech and Blockchain enthusiasts who share the same goal of improving millions of people´s lives. The Blockchain is the most disruptive innovation of our generation and it’s up to all of us to make this happen.
We are happy to announce three awesome products and services for the Blockchain community; All revolutionary and groundbreaking in themselves! Thank you for taking an interest in our work and I hope we can earn your trust in which BlockPay will build easy to use products for anybody so that we can all use digital currencies in our everyday lives. Join our growing community at the BlockPay Life Chat to get in contact with us. We would love to hear your opinion about our work!
Kind regards, Christoph Hering, Founder & CEO
ECHO Announcements here
Connecting different merchants, whales, bankers, traders and individuals together on one public ledger raises privacy concerns. How can you, as a business, prevent blockchain espionage of your competitors? A lot of companies are afraid their competitors could analyze their daily sales volume, metadata, consumer behavior or daily turnover in every store. This would be an extremely competitive advantage! They now have to choose between a public ledger or a private ledger. We would prefer to offer them the third option, a public ledger that keeps their accounts and amounts undetectable.
Stealth Transactions gives anybody 100% privacy on a public ledger. Every balance and transaction is verified by the Blockchain but not traceable with a Blockchain Explorer.
Read the official announcement about Stealth transactions... You will love the ultimate in privacy.
BlockPay is a FinTech / Blockchain development company specializing in digital payment services. We are passionate Blockchain enthusiasts and want to provide easy to use software for everyone. We develop Point-Of-Sale and mobile payment software based on modern Blockchain technologies.
BlockPay have been founded by two experienced entrepreneurs Christoph Hering - CEO and Rodrigo Crespo - CMO. We employ an international team of +40 developers and various Blockchain & cryptographic experts.
We are growing fast and have now reached a point where we are opening up our platforms to all Blockchain communities. We prefer to unite the Blockchain communities and give them a broad range of products and services that match their individual needs.
Contact us for more information: [email protected]
A total of 100,000,000 non-dilutable “BlockPay” tokens have been issued and will be distributed for early supporters, bounties, and campaigns throughout the full period and timeline of the Crowdfunding.
6,500,000 ”BlockPay” tokens will be distributed in this dedicated Pre-ICO during Phase 1, 2 and 3.
All remaining “BlockPay” tokens will be locked away in a dedicated reserve fund created by OpendLedger/CCEDK (they are acting as our escrow partner) and used in a 2nd Crowdfunding expected to take place in 2017. The BlockPay team has no access to these reserve funds.
We offer you in this Pre-ICO a special discount of up to 42% from the Phase 4 and initial sales price of 0.0005 BTC/BlockPay Token introduced in this 2nd part of crowdfunding.
Phase 1 starts August 20th, 2016
We offer a special deal for our early supporters and current OPENPOS holders. We want to personally thank everyone who supported us during our first crowdfunding December 2015. We would not exist without you! We offer you an early access and a special buy back deal where you can exchange your existing OPENPOS tokens to BlockPay tokens 1 to 1.20!
How do you do this? Simple. Send your OPENPOS TOKENS to account: ico.blockpay on OpenLedger or other bts supported platforms and await distribution. Your proof of transfer is on the blockchain and this amount is deciding how many BLOCKPAY tokens you will receive. The special offer runs only from August 20th to start of Pre-ICO.
Phase 2 starts August 23th, 2016
BlockPay tokens will be available for Bitcoin (BTC), Ethereum (ETH), BitShares (BTS) and Steem Dollars (SBD) and as well as multiple other currencies, using a ShapeShift-enabled conversion of all other currencies into BTC at a fixed rate during Phase 2 and Phase 3. We will move into Phase 3 when all tokens from Phase 2 have been sold.
All funds can be monitored at all times on the OpenLedger dedicated escrow account ico.blockpay and all BTC in this address are held in a multisig escrow account only to be accessed at the end of the ICO. All Escrow services are provided by CCEDK.
The Pre-ICO will end once the 5,000,000 BlockPay tokens set aside for crowdfund have been sold.
You can purchase the BlockPay tokens at the Pre-ICO website:
Option 1: BlockPay.ch Investor Relations
Option 2: CCEDK.com - it will say ICO LIVE BlockPay
Option 3: Sending funds directly to ico.blockpay. Transfer date is the base for your prices.
Limited Amount! Early BlockPay supporters will get a 42% Discount in Phase 2!
Phase 1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each
Phase 2: 1,400,000 tokens @ 0.000288 BTC tokens/each
Phase 3: 3,000,000 tokens @ 0.000360 BTC tokens/each
When are the BlockPay Tokens distributed?
The BlockPay tokens will be distributed once all Tokens in Phase 3 have been sold. We offer you a special discount in this Pre-ICO. First come first serve.
What do you gain from buying BlockPay tokens?
By ordering BlockPay tokens you support the development and continued growth of BlockPay, Echo and Stealth. With your help, we can expand the global digital payments network where you can earn, hold, and spend multiple digital currencies. Getting BlockPay to every grocery chain, retail, restaurant, vending machine or gas station isn’t cheap, but with your support, we can build this network together.
Holding BlockPay tokens allows you to share in the rewards from BlockPay transactions as well as value increases from products built by the Company.
How are we planning to use the funds. Development and Pre-ICO timeline
- Launch of BlockPay “S” in Google Play and BlockPay for Odoo
- Additional BlockPay integrations into leading Point Of Sale systems
- Development of BlockPay API
- Adding more Fiat Gateways, Exchanges and Escrow Services
- Development and introduction of Stealth transfers
- Development and launch of ECHO for Android and iOS
- Development of native iOS BlockPay “S”
- Adding new features to BlockPay and ECHO
- Building Digital Payment Infrastructure for the Future
[email protected], Website, Twitter, Facebook, Youtube
CoinTelegraph, Blockchain Asia, Bitcoin.com, Bitcoin Hub, Dash Merchants, Dash News
Read the official announcement about Stealth transactions... You will love the ultimate in privacy.
BlockPay is a FinTech / Blockchain development company specializing in digital payment services. We are passionate Blockchain enthusiasts and want to provide easy to use software for everyone. We develop Point-Of-Sale and mobile payment software based on modern Blockchain technologies.
BlockPay have been founded by two experienced entrepreneurs Christoph Hering - CEO and Rodrigo Crespo - CMO. We employ an international team of +40 developers and various Blockchain & cryptographic experts.
We are growing fast and have now reached a point where we are opening up our platforms to all Blockchain communities. We prefer to unite the Blockchain communities and give them a broad range of products and services that match their individual needs.
Contact us for more information: [email protected]
A total of 100,000,000 non-dilutable “BlockPay” tokens have been issued and will be distributed for early supporters, bounties, and campaigns throughout the full period and timeline of the Crowdfunding.
6,500,000 ”BlockPay” tokens will be distributed in this dedicated Pre-ICO during Phase 1, 2 and 3.
All remaining “BlockPay” tokens will be locked away in a dedicated reserve fund created by OpendLedger/CCEDK (they are acting as our escrow partner) and used in a 2nd Crowdfunding expected to take place in 2017. The BlockPay team has no access to these reserve funds.
We offer you in this Pre-ICO a special discount of up to 42% from the Phase 4 and initial sales price of 0.0005 BTC/BlockPay Token introduced in this 2nd part of crowdfunding.
Phase 1 starts August 20th, 2016
We offer a special deal for our early supporters and current OPENPOS holders. We want to personally thank everyone who supported us during our first crowdfunding December 2015. We would not exist without you! We offer you an early access and a special buy back deal where you can exchange your existing OPENPOS tokens to BlockPay tokens 1 to 1.20!
How do you do this? Simple. Send your OPENPOS TOKENS to account: ico.blockpay on OpenLedger or other bts supported platforms and await distribution. Your proof of transfer is on the blockchain and this amount is deciding how many BLOCKPAY tokens you will receive. The special offer runs only from August 20th to start of Pre-ICO.
Phase 2 starts August 23th, 2016
BlockPay tokens will be available for Bitcoin (BTC), Ethereum (ETH), BitShares (BTS) and Steem Dollars (SBD) and as well as multiple other currencies, using a ShapeShift-enabled conversion of all other currencies into BTC at a fixed rate during Phase 2 and Phase 3. We will move into Phase 3 when all tokens from Phase 2 have been sold.
All funds can be monitored at all times on the OpenLedger dedicated escrow account ico.blockpay and all BTC in this address are held in a multisig escrow account only to be accessed at the end of the ICO. All Escrow services are provided by CCEDK.
The Pre-ICO will end once the 5,000,000 BlockPay tokens set aside for crowdfund have been sold.
You can purchase the BlockPay tokens at the Pre-ICO website:
Option 1: BlockPay.ch Investor Relations
Option 2: CCEDK.com - it will say ICO LIVE BlockPay
Option 3: Sending funds directly to ico.blockpay. Transfer date is the base for your prices.
Limited Amount! Early BlockPay supporters will get a 42% Discount in Phase 2!
Phase 1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each
Phase 2: 1,400,000 tokens @ 0.000288 BTC tokens/each
Phase 3: 3,000,000 tokens @ 0.000360 BTC tokens/each
When are the BlockPay Tokens distributed?
The BlockPay tokens will be distributed once all Tokens in Phase 3 have been sold. We offer you a special discount in this Pre-ICO. First come first serve.
What do you gain from buying BlockPay tokens?
By ordering BlockPay tokens you support the development and continued growth of BlockPay, Echo and Stealth. With your help, we can expand the global digital payments network where you can earn, hold, and spend multiple digital currencies. Getting BlockPay to every grocery chain, retail, restaurant, vending machine or gas station isn’t cheap, but with your support, we can build this network together.
Holding BlockPay tokens allows you to share in the rewards from BlockPay transactions as well as value increases from products built by the Company.
How are we planning to use the funds. Development and Pre-ICO timeline
- Launch of BlockPay “S” in Google Play and BlockPay for Odoo
- Additional BlockPay integrations into leading Point Of Sale systems
- Development of BlockPay API
- Adding more Fiat Gateways, Exchanges and Escrow Services
- Development and introduction of Stealth transfers
- Development and launch of ECHO for Android and iOS
- Development of native iOS BlockPay “S”
- Adding new features to BlockPay and ECHO
- Building Digital Payment Infrastructure for the Future
[email protected], Website, Twitter, Facebook, Youtube
CoinTelegraph, Blockchain Asia, Bitcoin.com, Bitcoin Hub, Dash Merchants, Dash News
Contact us for more information: [email protected]
A total of 100,000,000 non-dilutable “BlockPay” tokens have been issued and will be distributed for early supporters, bounties, and campaigns throughout the full period and timeline of the Crowdfunding.
6,500,000 ”BlockPay” tokens will be distributed in this dedicated Pre-ICO during Phase 1, 2 and 3.
All remaining “BlockPay” tokens will be locked away in a dedicated reserve fund created by OpendLedger/CCEDK (they are acting as our escrow partner) and used in a 2nd Crowdfunding expected to take place in 2017. The BlockPay team has no access to these reserve funds.
We offer you in this Pre-ICO a special discount of up to 42% from the Phase 4 and initial sales price of 0.0005 BTC/BlockPay Token introduced in this 2nd part of crowdfunding.
Phase 1 starts August 20th, 2016
We offer a special deal for our early supporters and current OPENPOS holders. We want to personally thank everyone who supported us during our first crowdfunding December 2015. We would not exist without you! We offer you an early access and a special buy back deal where you can exchange your existing OPENPOS tokens to BlockPay tokens 1 to 1.20!
How do you do this? Simple. Send your OPENPOS TOKENS to account: ico.blockpay on OpenLedger or other bts supported platforms and await distribution. Your proof of transfer is on the blockchain and this amount is deciding how many BLOCKPAY tokens you will receive. The special offer runs only from August 20th to start of Pre-ICO.
Phase 2 starts August 23th, 2016
BlockPay tokens will be available for Bitcoin (BTC), Ethereum (ETH), BitShares (BTS) and Steem Dollars (SBD) and as well as multiple other currencies, using a ShapeShift-enabled conversion of all other currencies into BTC at a fixed rate during Phase 2 and Phase 3. We will move into Phase 3 when all tokens from Phase 2 have been sold.
All funds can be monitored at all times on the OpenLedger dedicated escrow account ico.blockpay and all BTC in this address are held in a multisig escrow account only to be accessed at the end of the ICO. All Escrow services are provided by CCEDK.
The Pre-ICO will end once the 5,000,000 BlockPay tokens set aside for crowdfund have been sold.
You can purchase the BlockPay tokens at the Pre-ICO website:
Option 1: BlockPay.ch Investor Relations
Option 2: CCEDK.com - it will say ICO LIVE BlockPay
Option 3: Sending funds directly to ico.blockpay. Transfer date is the base for your prices.
Limited Amount! Early BlockPay supporters will get a 42% Discount in Phase 2!
Phase 1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each
Phase 2: 1,400,000 tokens @ 0.000288 BTC tokens/each
Phase 3: 3,000,000 tokens @ 0.000360 BTC tokens/each
When are the BlockPay Tokens distributed?
The BlockPay tokens will be distributed once all Tokens in Phase 3 have been sold. We offer you a special discount in this Pre-ICO. First come first serve.
What do you gain from buying BlockPay tokens?
By ordering BlockPay tokens you support the development and continued growth of BlockPay, Echo and Stealth. With your help, we can expand the global digital payments network where you can earn, hold, and spend multiple digital currencies. Getting BlockPay to every grocery chain, retail, restaurant, vending machine or gas station isn’t cheap, but with your support, we can build this network together.
Holding BlockPay tokens allows you to share in the rewards from BlockPay transactions as well as value increases from products built by the Company.
How are we planning to use the funds. Development and Pre-ICO timeline
- Launch of BlockPay “S” in Google Play and BlockPay for Odoo
- Additional BlockPay integrations into leading Point Of Sale systems
- Development of BlockPay API
- Adding more Fiat Gateways, Exchanges and Escrow Services
- Development and introduction of Stealth transfers
- Development and launch of ECHO for Android and iOS
- Development of native iOS BlockPay “S”
- Adding new features to BlockPay and ECHO
- Building Digital Payment Infrastructure for the Future
[email protected], Website, Twitter, Facebook, Youtube
CoinTelegraph, Blockchain Asia, Bitcoin.com, Bitcoin Hub, Dash Merchants, Dash News
We offer a special deal for our early supporters and current OPENPOS holders. We want to personally thank everyone who supported us during our first crowdfunding December 2015. We would not exist without you! We offer you an early access and a special buy back deal where you can exchange your existing OPENPOS tokens to BlockPay tokens 1 to 1.20!
You can purchase the BlockPay tokens at the Pre-ICO website:
Option 1: BlockPay.ch Investor Relations
Option 2: CCEDK.com - it will say ICO LIVE BlockPay
Option 3: Sending funds directly to ico.blockpay. Transfer date is the base for your prices.
Limited Amount! Early BlockPay supporters will get a 42% Discount in Phase 2!
Phase 1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each
Phase 2: 1,400,000 tokens @ 0.000288 BTC tokens/each
Phase 3: 3,000,000 tokens @ 0.000360 BTC tokens/each
When are the BlockPay Tokens distributed?
The BlockPay tokens will be distributed once all Tokens in Phase 3 have been sold. We offer you a special discount in this Pre-ICO. First come first serve.
What do you gain from buying BlockPay tokens?
By ordering BlockPay tokens you support the development and continued growth of BlockPay, Echo and Stealth. With your help, we can expand the global digital payments network where you can earn, hold, and spend multiple digital currencies. Getting BlockPay to every grocery chain, retail, restaurant, vending machine or gas station isn’t cheap, but with your support, we can build this network together.
Holding BlockPay tokens allows you to share in the rewards from BlockPay transactions as well as value increases from products built by the Company.
How are we planning to use the funds. Development and Pre-ICO timeline
- Launch of BlockPay “S” in Google Play and BlockPay for Odoo
- Additional BlockPay integrations into leading Point Of Sale systems
- Development of BlockPay API
- Adding more Fiat Gateways, Exchanges and Escrow Services
- Development and introduction of Stealth transfers
- Development and launch of ECHO for Android and iOS
- Development of native iOS BlockPay “S”
- Adding new features to BlockPay and ECHO
- Building Digital Payment Infrastructure for the Future
[email protected], Website, Twitter, Facebook, Youtube
CoinTelegraph, Blockchain Asia, Bitcoin.com, Bitcoin Hub, Dash Merchants, Dash News
Option 1: BlockPay.ch Investor Relations
Option 2: CCEDK.com - it will say ICO LIVE BlockPay
Option 3: Sending funds directly to ico.blockpay. Transfer date is the base for your prices.
Limited Amount! Early BlockPay supporters will get a 42% Discount in Phase 2!
Phase 1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each
Phase 2: 1,400,000 tokens @ 0.000288 BTC tokens/each
Phase 3: 3,000,000 tokens @ 0.000360 BTC tokens/each
When are the BlockPay Tokens distributed?
The BlockPay tokens will be distributed once all Tokens in Phase 3 have been sold. We offer you a special discount in this Pre-ICO. First come first serve.
What do you gain from buying BlockPay tokens?
By ordering BlockPay tokens you support the development and continued growth of BlockPay, Echo and Stealth. With your help, we can expand the global digital payments network where you can earn, hold, and spend multiple digital currencies. Getting BlockPay to every grocery chain, retail, restaurant, vending machine or gas station isn’t cheap, but with your support, we can build this network together.
Holding BlockPay tokens allows you to share in the rewards from BlockPay transactions as well as value increases from products built by the Company.
How are we planning to use the funds. Development and Pre-ICO timeline
- Launch of BlockPay “S” in Google Play and BlockPay for Odoo
- Additional BlockPay integrations into leading Point Of Sale systems
- Development of BlockPay API
- Adding more Fiat Gateways, Exchanges and Escrow Services
- Development and introduction of Stealth transfers
- Development and launch of ECHO for Android and iOS
- Development of native iOS BlockPay “S”
- Adding new features to BlockPay and ECHO
- Building Digital Payment Infrastructure for the Future
[email protected], Website, Twitter, Facebook, Youtube
CoinTelegraph, Blockchain Asia, Bitcoin.com, Bitcoin Hub, Dash Merchants, Dash News
Phase 1: 600,000 tokens @ 1:1.20 OPENPOS tokens/each
Phase 2: 1,400,000 tokens @ 0.000288 BTC tokens/each
Phase 3: 3,000,000 tokens @ 0.000360 BTC tokens/each
The BlockPay tokens will be distributed once all Tokens in Phase 3 have been sold. We offer you a special discount in this Pre-ICO. First come first serve.
By ordering BlockPay tokens you support the development and continued growth of BlockPay, Echo and Stealth. With your help, we can expand the global digital payments network where you can earn, hold, and spend multiple digital currencies. Getting BlockPay to every grocery chain, retail, restaurant, vending machine or gas station isn’t cheap, but with your support, we can build this network together.
Holding BlockPay tokens allows you to share in the rewards from BlockPay transactions as well as value increases from products built by the Company.
How are we planning to use the funds. Development and Pre-ICO timeline
- Launch of BlockPay “S” in Google Play and BlockPay for Odoo
- Additional BlockPay integrations into leading Point Of Sale systems
- Development of BlockPay API
- Adding more Fiat Gateways, Exchanges and Escrow Services
- Development and introduction of Stealth transfers
- Development and launch of ECHO for Android and iOS
- Development of native iOS BlockPay “S”
- Adding new features to BlockPay and ECHO
- Building Digital Payment Infrastructure for the Future
[email protected], Website, Twitter, Facebook, Youtube
CoinTelegraph, Blockchain Asia, Bitcoin.com, Bitcoin Hub, Dash Merchants, Dash News
- Launch of BlockPay “S” in Google Play and BlockPay for Odoo
- Additional BlockPay integrations into leading Point Of Sale systems
- Development of BlockPay API
- Adding more Fiat Gateways, Exchanges and Escrow Services
- Development and introduction of Stealth transfers
- Development and launch of ECHO for Android and iOS
- Development of native iOS BlockPay “S”
- Adding new features to BlockPay and ECHO
- Building Digital Payment Infrastructure for the Future
Please describe in detail the legal relationship between BitShares Munich and BlockPay. Are they both incorporated entities? in which jurisdiction(s)? who are the shareholders?
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We got the idea of BlockPay Sommer 2015 and we started to work fulltime on the project in Christmas 2015. Right around that time we also incorporate the mother company BitShares Munich IVS in the Kingdom of Denmark.
Why Denmark?
We choose to set up our company in Denmark because you can create a Compliant BITCOIN company without FSA and AML requirements: https://rexkern.com/company-structures/bitcoin-company/
Denmark is a great place to get a Blockchain company started.
Please read the full Note on virtual currency such as Bitcoin and the act on money laundering by Danish lawyer here https://rexkern.com/wp-content/uploads/2015/09/Notat-vedr%C3%B8rende-hvidvaskloven_EN.pdf
BitShares Munich Leading products
BlockPay, Echo, Stealth transactions and the Smartcoins Wallet are the leading products of BitShares Munich IVS. We have many more business ideas and plans that we want to realise other the next couple of years if funding allows it. BlockPay itself is just a brand today. BitShares Munich IVS is 100% owned and controlled by the co-founders Ken, Rodrigo and Chris.
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Will the owners of BlockPay tokens have a share of the transaction fees from the stealth transfers once funccional ?
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The stealth transfers fees are one of the potential income sources , besides BlockPay & Echo fees. It is our goal to provide as much value to the BlockPay tokens as possible.
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That's awesome !
I wish you and the rest of the team a great pre ICO !
Cheers !
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Can you or someone point me to a post where the original token "OPENPOS" is in relation to BlockPay, Echo, etc fees? I read in over in bitsharestalk.org where I think you had a post that stated something like a monthly buyback and burn or sharedrop. Something like OBITS.
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This is a great example of how #bitshares can be useful for more than the average crypto-nerd.
If you believe in cryptocurrency, and you believe it might just come and take over a good chunk of business from visa/mastercard/banks, this may not be a bad investment at all!
I have invested before in @chris4210 / @kencode and their team and will do so again this time around - they are some of the most prolific entrepreneurs in the #bitshares space.
Keep up the good work guys !! +5%
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Thank you for your great support Karnal. I love reading your BitShares articles and great content you provide to teach people about BitShares. Looking forward to see more from you too!
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And to clarify, @chris4210, other than exchanging OPENPOS for the shiny new thing, there is basically no more use for it now / it has been superseded by the new token?
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The old use for OPENPOS tokens is remaining. We offer you a special buy back option for your OPENPOS tokens plus access to the other income streams of our products. We want to thank all our early supports and spend up to 600,000 BlockPay tokens for the buyback.
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Any reason why someone wouldn't exchange OPENPOS for BLOCKPAY come the 20th of August?
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@karnal from my calculations there is no benefit in buying OPENPOS on the market at anything more than 36 BTS/OPENPOS. Someone has just paid 40 BTS/OPENPOS for 453 costing them 18120 BTS. If you wait until Phase 2 on the 23rd of August you can purchase Blockpay for 0.000288 BTC which at the current BTC price of US$575 is US$0.166 per Blockpay. BTS is currently worth 105000 per BTC, at US$575 per BTC hence the price per BTS is $0.00548. Assuming 1 OPENPOS = 1 Blockpay you should pay no more than 30.24 BTS/OPENPOS ($0.166 divided by 0.00548). However there is a 20% bonus to OPENPOS as the ratio is 1.2 Blockpay/OPENPOS so this means you can afford to spend no more than 36.3 BTS/OPENPOS (which is $0.166 divided by $0.00548).
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The problem with this is that OPENPOS has 200x the earnings power that blockpay does when it comes to transactions from Oodoo. I think it is going to be very difficult for blockpay to match this revenue difference with other income streams.
If blockpay does take off, one would have to assume transactions with Oodoo have taken off. This means that OPENPOS is being incredibly underpriced right now. Blockpay is valuing itself at approx $20million, not sure where they get that valuation but I think it is extremely stretched.
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Important Announcement!
Phase 3 will close at Sunday 04.09.2016 8pm UTC+1. BlockPay distribution will start on Monday 05.09.2016 on the OpenLedger Exchange.
More info also at http://www.maxkeiser.com/2016/08/blockpay-announces-next-steps-after-the-end-of-pre-ico/#1d2CCIVkcGD3fYAb.99
Updates for the ICO in 2017
We will announce the detailed timeline, prices and ICO terms for the possible 2nd ICO when we need further expansion capital. ICO prices can be adjusted to meet future market conditions and to guarantee a successful crowdfunding.
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Chris, could we see some numbers/graphs exemplifying how much an investor stands to profit from holding the BLOCKPAY token, over time, assuming a monthly total transaction volume of X, Y, Z ?
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I cannot give you that numbers now. We will have the first business numbers and forecasts by the end of the year.
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Excellent news! Just bought some OPENPOS for discount blockpay :D
Edit:
Regarding the above distribution schedule, the first step of the 'ICO' phase "900,000 for early supporters" does this mean that 900,000 Blockpay will be distributed to holders of the 6,500,000 issued blockpay tokens from the Pre-ICO phase?
Cheers :)
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No. That means that 900,000 tokens will be given away for bounties, translations, graphics, twitter and facebook promotions and so on in the 2nd ICO.
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Is there white paper for BlockPay?
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Not directly. We skipped the white paper and built 5 proof of concepts for our mobile wallets and Point-Of-Sale platforms. You can find all material at #BlockPay .
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Seems link to Cointelegraph doesn't work
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I fixed the link. Thank you!
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Nice coincidence, I was looking into BlockPay again a few hours ago. Just bought some OPENPOS too :)
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Thank you for your support Xomtux.
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thanks for the info I will be looking into the ICO
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Thank you gary-smith.
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我要考虑一下投多少^_^
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Looks interesting. I will follow.
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It seems that shapeshift STEEM Payment gateway is broken, payment digits and address is wrong.
Please fix it @chris4210
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去中心化的社交和IM是有需求的，如果真的做成类似微信的APP+支付、打赏，无疑是有广阔前景的。
创投要看的点是团队和项目——这个项目在技术上基于BTS2.0的底层应该说是最适恰的！再者这个项目的团队长期活跃在比特股社区，而且已经有基础的产品面世，还是比较靠谱的。
希望这个项目的ICO能够成为下一个Peerplays(^_^)/
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Congratulation to the BlockPay team and the network of ambassadors currently being build. Looking forward the contribute in building the network.
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If I understand correctly, the first stage is only pre ICO for 5m tokens, and the rest 95% is left for official ICO, right? Then, when the ICO will be?
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Right, we will sell 5 mio tokens in the first crowdfunding and the rest in a 2nd crowdfunding. We don´t have a date for the 2nd yet. It depends on how long we can work with the first investment round and how much clients we can generate for BlockPay.
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Does it means currently requires only 5 million tokens as a start-up capital.
意思是目前只需要募集 500 万的代币（按￥4000/BTC计算，每个代币约人民币 1.152~1.44 元）作为启动资金。
Late in accordance with the progress of the project to decide whether to raise funds by ICO?
后期根据项目进展情况决定是否再通过 ICO 募集资金？
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Yes the raised capital from the 5 million tokens will be more than enough to keep us up and running for 2 years+ .
August 23th is the perfect time to raise capital because we have build a rocketship and need fuel to get off the ground with sustainable marketing, ongoing integration, and new features like Stealth. There is no better time than now. :)
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From Bitshares Talk:
OPENPOS was originally suppose to get 50% of all fee's generated by the Oodoo terminals. What happened to that? What if we choose not to sell our OPENPOS?
The problem I see is that you are only allotting 0.6% of the total supply of blockpay tokens to OPENPOS holders. OPENPOS holders should receive at least 20% of the total supply.
Also based on your math... you are valuing each block pay at approx $0.216. Giving you a valuation of approx $21.6 million at ICO time. How do you come to this sort of valuation?
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The function for old OPENPOS tokens stays the same. You can choose between the buyback or keeping them. However, OPENPOS tokens are limited to Odoo transactions only. BlockPay tokens give you access to all our products (Smartcoinswallet, Echo, BlockPay, Stealth and more) .
We are giving more than 3 to 4 x back to OPENPOS holders. Our early adopters bought for 15-21 BTS per OPENPOS and we buy back for +32 BTS per Token, more than double!
We crunched the numbers several times, with an international BlockPay Ambassador team of +45 people in +20 countries and first big corporations running down our doors to finally get integrated with BlockPay we have all elements in place to bring Blockchain technologies to the market. We are starting on 5 continents and expect a huge growth and a faster user adoption. The economy is ready for Blockchain-based financial systems. We are providing the right tools for business to get started and save time, money and increase security. We are ready.
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If the OPENPOS function stays the same, I would expect that blockpay token holders will only be getting 50% of the income from the Oodoo terminals.
Since this will most likely be the biggest revenue stream for blockpay, why would someone buy blockpay vs OPENPOS? 1 OPENPOS token will earn nearly 200x the fee's that one blockpay token does (based on 500,000 OPENPOS tokens earning 50% of Oodoo fees Vs. 100,000,000 blockpays earning the other 50%). How does the blockpay token intend make up for this? There are still no details in how much the blockpay tokens will take from Oodoo, so their earnings value might even be less.
Right now it doesn't make any sense to trade OPENPOS for Blockpay.
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Odoo is one of the future income streams of BlockPay. There are hundreds of different Point-Of-Sales solution on the market like http://www.sage.de, https://www.gk-software.com/, http://ingenico.de/ or https://erply.com just to name a few. We are talking to major supermarket chains in Germany, Netherlands, Israel, Canada, Sweden etc. who are very interested in our solution and they have thousands of stores, that run of big system from SAP and so on. Payment Service Providers (PSP) is a volume business. The biggest players pay only 0.0x% in transactions fees, even for Mastercard, but that is still enough to pump trillions through Walmart's cash registers and be profitable.
BlockPay will be integrated on the hardware, OEM level and added to hundred of thousands of stores worldwide. Please do not forget that BlockPay is just one out of many products from BitShares Munich. We have a full portfolio of products serving our customers need from mobile wallets to full integrated point of sales solutions, white label production, software development, consulting and more.
There are many good reasons to upgrade your tokens and to gain profits from the full product portfolio. Do you want to participate only in the iPad or in Apple?
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Well that question is easy... if half the profit from an iPad sale wen't directly to ipad_share holders, each ipad_share would be much more valuable than that of the common apple stock. Your talking steady stream income vs capital appreciation.
There still hasn't been discussion on how blockpay will return value to shareholders... will it be a buyback? Dividend?
Unfortunately many people here just see a shiny new toy and want to trade there old one for it. They don't realize that what they have now is better in many ways than what they would be getting.
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Yes, at the end we give people the choice. The old OPENPOS tokens will not lose their purpose. We are planning to offer a share in the rewards from BlockPay transactions as well as value increases from products built by the Company. We will share our profits with all BLOCKPAY Token holder in a similar style as OPENPOS.
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Also, When do you think buybacks from profits will start for OPENPOS and Blockpay? I know there has been talk of a few companies coming on board. How far along is that?
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fight !
I expect to be growing bithsares comunity.
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Please be aware that following accounts are likely scammers:
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I notice this too!
仿冒 BlockPay 及 BitShares Munich 官方账号的钓鱼账号（scammers accounts）：
请认准 BitShares Munich 及 BlockPay Pre-ICO 的官方账号（Official Account）：
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Thank you guys. Please be careful out there and always check twice. We will post a list with all official accounts soon.
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@chris4210 i have translate the post to Chinese :
https://steemit.com/cn/@kimziv/ico-blockpay-pos
please upvote me .
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Thank you very much for your help Kimziv. Voted for you.
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Well Done!
:-)
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Why not share drop to OPENPOS token holders?
As you were able to develop the old odoo application and mobile wallet with 19K Euro fund, why need so much more fund to develop new applications?
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I answered most of that question here https://bitsharestalk.org/index.php/topic,23033.msg297973.html#msg297973 . Simple answer, the Exchange of OPENPOS to BlockPay tokens is our first big buyback worth 100,000 USD.
Yes, we proofed that we can work very agile and keep our dev cost low. However, all three founders did not earn any salaries for the last 10 months. It is time to eat some real food and more than rice and beans for months ;) Future integration into SAP, Orderman, Erply, ingenico etc. include all very expensive licence fees. For example, 5-6 figures per month just to be in a ingenico terminal. This crowdfunding will help us to pay salaries, marketing, development, further integration and business development expenses.
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Nice i'll take my part for this project
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I own it at pre ICO phrase 2.
I am looking forward!
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So, short question: As the system is free...
"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 specify on that please? I assume the money for Blockpay comes out of transactions and so will the rewards for blockpay token holders? I didn't find anything on that matter, maybe I overhead something...
2nd question: Bitshares Munich. Is this company in any way related to Bitshares, the trading asset available eg on Poloniex?
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Spanish translation with permission here.
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BlockPay Pre-ICO Ended after 13 days, 75% sold, and more than 1095 BTC raised!
Thank you all for the great support! Please find my latest update here: https://steemit.com/steem/@chris4210/blockpay-pre-ico-ended-after-13-days-75-sold-and-more-than-1095-btc-raised
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This post has been linked to from another place on Steem.
About linkback bot. Please upvote if you like the bot and want to support its development.
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Good thing you shared it at the bitcointalk community. I hear they are good at advertising when it comes to crypto currencies. Good luck.
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