Many new hunters will join your campaign. They will be attracted by the possibility to sell earned bounty stakes IN ADVANCE and immediately. This option will stand out your project’s bounty from hundreds of others.
Tokpie promotes your project through all its media channels and direct emails targeting 10,000 Tokpie’s users.
Avoid token price dump when goes to exchanges
Bounty Stakes Listing 2.0 decreases the risk of price dump by 90% because impatient hunters are allowed to sell their bounty stakes during the campaign, before token distribution.
Get promoted in the most simple and fastest way
Just one mutual crosslinked announcement shall be made, no any additional integration work from project side is needed.
Ability to get service at the earliest possible stage (minimal requirements to project quality).
Get your token listed for FREE
When bounty campaign of a project is over, Tokpie lists a project’s token on TKP market for free. The result a project token automatically appears on CoinGecko and Coinpaprika (and on Coinmarketcap soon). Note: TKP is the token of Tokpie exchange, like BNB for Binance.
HOW IT WORKS
Tokpie and a project publish acrosslinked announcement;
Tokpie lists a project’s bounty stakes in TKP market. For example, [ABC_stake_facebook / TKP], [ABC_stake_siganture / TKP], and so on, where ABC is the name of a project.
After that, any person can sell and buy these bounty stakes for TKP tokens. People can exchange TKP tokens for ETH and USDC on Tokpie in seconds, at any moment!
When a bounty is over, those people who were selling bounty stakes of ABC project shall deliver the related amount of ABC tokens to Tokpie. The Tokpie, in turn, delivers these ABC token to those who were buying ABC bounty stakes.
Tokpie devs released the first version of a Collateralize Asset section. Through this section, Tokpie users could deposit bounty stakes pledged by TKP collateral. It will allow making stakes depositing in seconds and in advance! Know more.
This is a good practice to refer to the publications where Tokpie is mentioned. This is why you can see now the Press section on our main page. Besides, the more people know about bounty stakes trading, the better trade volumes Tokpie will get.
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.