NOTE: Tokpie is a working business. We are not running ICO or raising money. Instead, Tokpie exchange platform is live since Sep 2018 with TKP erc20 token already traded. So, every participant could get his reward with 100% probability (in TKP, ETH, and USDC). The aim of that bounty is to spread awareness about Tokpie exchange.
Review the main terms & conditions of Tokpie Bounty:
Bounty pool size:1,120,000 Tokpie (TKP) tokens will be distributed withing 21 days after July 28, 2019 (end of bounty)
How to get Ethereum (ETH)
Every eligible hunter will be able to sell a half of earned stakes for ETH immediately as the stakes appear in bounty spreadsheet (weekly). Know how to get ETH.
How to get USD stable coin (USDC)
Every eligible hunter will be able to sell a half of earned stakes for USDC immediately as the stakes appear in bounty spreadsheet (weekly). Know how to get USDC.
Bounty categories and allocation
The following campaigns and token allocation applied for ROUND #1:
The bounty campaign is split into 3 Rounds with the last round ending on July 28, 2019. Total bounty duration is equal to three months.
No KYC will be required!
Remember! Tokpie is a non-ICO business. Instead, we are the working cryptocurrency exchange platform where, among trading altcoins, any person can earn ‘cash’ by selling and buying bounty stakes of different projects. The usage of TOKPIE (TKP) token allows:
to get up to 500% trade fees discount
to decrease withdrawal commissions by almost twice
Token.store is one of the web’s first fully decentralized Ethereum based exchanges listed on Coinmarketcap. Since launching in July 2017, it has hosted 250,000 transactions. Token.store supports over 300 listed assets, has one of the best API, and provides a great trading functionality.
1. The new section ‘USDC Markets’ was added to Tokpie website. It displays market data (obtained via API) of all pairs traded against USDC (USD stablecoin) on Tokpie.
The first pair we have added into that market was ETH / USDC with USDC as a quote currency. To open this new section, go to Market Statistics then click on USDC Markets tap (Figure 1).
2. The ability to edit trade orders has been removed. So now to change a trading order price, a user has to delete a trade order in My orders section and submit a new one.
3. Other fixings were made to decrease order books uploading time.
The upcoming updates will be related to:
An asset searching tool will be added to the platform to simplify the process of asset selection;
USD Coin (USDC) is a fully collateralized US Dollar stablecoin based on the open source fiat stable coin framework developed by Centre, a consortium founded by Circle and Coinbase. It;s designed to be pegged one-to-one with USD (1 USDC = 1 USD).
USDC tokens are ERC-20 compatible and can be used with any ERC-20 compatible digital wallet or service. Customers from around the world can tokenize US Dollars into USDC and redeem USDC back into US Dollars with Circle.
True financial interoperability requires a price stable means of value exchange. CENTRE’s technology for fiat-backed stablecoins brings stability to crypto. The initial implementation is USD Coin (USDC), an ERC-20 token creating possibilities in payments, lending, investing, trading and trade finance — and the ecosystem will grow as other fiat currency tokens are added.
Moreover, USDC has top five accounting services firm Grant Thornton LLP issue attestations each month on the US dollar reserves that back the USDC tokens in circulation
We’re happy to introduce a preliminary concept of Bounty Stakes Trading 2.0 that Tokpie exchange is going to launch soon.
Bounty Stakes Trading 2.0
What is that?
Bounty Stakes Trading 2.0 is an alternative way to deposit and trade bounty stakes that Tokpie exchange is going to launch soon.
What problem it solves
Original Bounty Stakes Trading concept is working well now and will also continue to be provided by Tokpie. However, that concept has some drawbacks:
High eligibility requirements are preventing many projects’ bounty stakes from being listed on Tokpie.
The result hunters cannot earn more money by offering its full capacity in participating in many projects.
Consequently, investors cannot diversify their portfolios in full by purchasing bounty stakes of many different projects.
The limit on the selling of only 50% earned bounty stakes decreases hunters’ profits by two times.
The process of stakes depositing is quite complex and time consuming for both sides: hunters and Tokpie’s team.
To solve the above drawbacks Tokpie is going to do the following.
Collateral system will be used to deposit bounty stakes. The result:
Hunters could deposit bounty stakes instantly. Moreover, hunters could deposit as many stakes as they want in advance without any limits like 50% of earned stakes.
Hunters will be highly motivated to fulfill their obligations and deliver stakes-related altcoins, so no complex checking procedures will be required.
Tokpie will be listing bounty stakes of about 40% projects selected from the whole market, which satisfy at least minimal requirements. The result, Tokpie users (bounty stakes buyers and sellers) will be able to trade much more stakes and continue defining what projects are better or worse after our initial selection.
How it works
First, Tokpie lists bounty stakes of all projects which meet minimal reliability standards but could not be listed under original bounty stakes trading solution.
All these stakes will be tradable on TKP So, order books will be of [stake/TKP] type.
IMPORTANT: Users could exchange TKP for ETH and USDC at any moment on Tokpie.
Anyone (Investor) places an order to buy. The result of a BID price appears in an order book.
* IMPORTANT: Hunter cannot deposit a stake if its order book does not contain at least one purchase order (BID). Simply saying: if there is no demand then the supply will be restricted.
Anyone (Hunter) deposits bounty stakes on Tokpie by using TKP tokens on its balance as collateral.
The best BID price from related order book will be used for calculating the required amount of TKP in collateral. For example, if the best BID price is 10 TKP per 1 stake on the moment of depositing than a hunter must use 150 TKP as collateral (15x).
The level of collateral will be between 15x-10x depending on the user’s status. For example, a trial user will be required to provide 15x TKP collateral while Enterprise users could benefit from 10x.
Hunter could get his collateral back in full (or partly) at any moment by giving back the same number of stakes (or part), which were initially deposited. It will help if a hunter could not sell his stakes for the desired price and in other cases.
If a collateral level is going to be exceeded as a result of trade order execution then hunter could not place such a trade order.
No any KYC (documents uploading) for withdrawals below $2500/day and $20000/month.
IMPORTANT: Hunters could even deposit bounty stakes which have not been earned yet!
Anyone (hunters and investors) can trade deposited bounty stakes until the start of related bounty distribution.
Hunter who had initially deposited bounty stakes must transfer related project’s altcoins (due to stake-to-token conversion rates) to Tokpie within 24 hours after bounty distribution has come to the end (or after bounty reward unlocking if such bounty condition exists). Otherwise, a hunter will lose its collateral.
* NOTE: If a bounty campaign is successful, but a hunter cannot (for any reason) deliver related altcoins to Tokpie then that hunter lose his collateral. Fortunately, there will be some options to avoid collateral lost by buying back stakes of a related project or its altcoins to settle own obligation.
* IMPORTANT: If bounty campaign had failed then hunter will get his collateral back less TKP already received from the related stakes sold.
Tokpie is 100% responsible to deposits projects’ altcoins on accounts of holders (buyers) of the related bounty stakes within 48 hours after bounty distribution has come to the end.
* If bounty campaign had failed then stakes holders will get nothing like all other hunters.
MORE PROFITS & DIVERSITY
Bounty stakes of Approximately 3 new projects will be listed every week. This will lead to 120-200 bounty stakes from 40 different projects listed simultaneously on Tokpie when Bounty Stakes Trading 2.0 works in full power.
PROS for Hunters: Thanks to many different stakes & projects listed, hunters could earn much more money.
PROSS for Investors: investors could benefit from the great diversity of projects and its bounty stakes by ‘putting all their eggs in many baskets’
SPEED and SIMPLICITY
Hunter doesn’t need to make deposit requests, write texts, upload screen-shots, etc.
Hunter may plan how much stakes he could earn on bounty campaign to deposit all of them at once and sell! Then convert TKP to ETH and USDC in seconds!
The table below shows the differences between original Bounty Stakes Trading solution that Tokpie exchange will continue provides and Bounty Stakes Trading 2.0.
Comparative analysis table
Additional long-term advantages
Thanks to many different stakes & projects listed, Tokpie will have a reason to launch a unique Bounty Analysis tool for automatic calculation of all bounties capitalization in real-time. It will help hunters/investors to track and select the most profitable/promising projects in seconds. Also, projects with the best caps and volumes might be listed for free.
Bounty Stakes Trading 2.0 will accelerate TKP turnover and create a demand for the next solution that will allow users to lend/borrow TKP with market-defined interest rates.
Get Ethereum instantly for doing simple tasks online. Forget about ETH mining and faucets.
To earn and get ethereum (ETH) in seconds without any investments, perform simple tasks by using your following accounts: Reddit, Facebook, Twitter, Bitcointalk, Medium, Telegram, and LinkedIn.
In addition to the ETH that you can get immediately when a task is done, you receive valuable TerraGreen (TGN) coins.
UPDATE: The ability to trade TerraGreen bounty stakes (Round 2, 3, and 4) is prolongated until May 14, 2019.
Such decision was made because of too many hunters attracted. So, more time will be required to count all stakes properly and prepare a final spreadsheet for TerraGreen bounty (rounds 2, 3, and 4)
Register or login TOKPIE platform. Then click on [Deposit] button in the related line to top up your TOKPIE account balance with 50% bounty stakes, which you have already earned.
NOTE: Don’t click on “Deposit” until you see your stakes in the related spreadsheet and strictly follow the instructions when depositing to speed up the processing. Stakes depositing will be available until May 14, 2019.
To get Ethereum instantly, sell your stakes on the following ETH markets:
– By clicking on the links above you can submit your trade orders at any price you want, check market depth, view current bids, asks, last matched prices and price charts;
– You may sell and buy TGN stakes (round 4) only until May 14, 2019;
– All holders of TGN bounty stakes (round 4) will automatically get TGN coins on their Tokpie account balances within 60 days after May 30, 2019, in accordance with the conversion’s proportion revealed as the results of the Bounty Campaign ROUND 4;
– You can check bounty stakes prices without registration (6 sec loading time)
– The following trade fees are applied.
Publish 1 short review (minimum 30 words) about TerraGreen on your LinkedIn account. This review must contain a link to the TerraGreen website and YOUR TGN ADDRESS used in that bounty. The review must be published only once. Stakes will not be counted if you don’t have such review on your LinkedIn page;
You must like and share every TerraGreen post published here;