Bounty Stakes Trading 2.0 introduction

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:

  1. 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.
  2. The limit on the selling of only 50% earned bounty stakes decreases hunters’ profits by two times.
  3. The process of stakes depositing is quite complex and time consuming for both sides: hunters and Tokpie’s team.

Solution

To solve the above drawbacks Tokpie is going to do the following.

  1. 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.
  2. 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

  1. 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.
  2. 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.
  3. 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!
  4. Anyone (hunters and investors) can trade deposited bounty stakes until the start of related bounty distribution.
  5. 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.
  6. 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.

Advantages

  1. 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’

  2. SPEED and SIMPLICITY
    Hunter doesn’t need to make deposit requests, write texts, upload screen-shots, etc.
  3. ADVANCE CASH
    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!

Comparative analysis

The table below shows the differences between original Bounty Stakes Trading solution that Tokpie exchange will continue provides and Bounty Stakes Trading 2.0.

  1. Comparative analysis table

    Bounty stakes trading solutions Comparative_analysis
    Comparing two types of bounty stakes trading solutions

Additional long-term advantages

  1. 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.
  2. 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.

Join the community discussion on Bitcointalk

TOKPIE Exchange Listed on Coinpaprika

TOKPIE cryptocurrency exchange is now listed on Coinpaprika!

This listing provides our community with one more website where they can track their favorite tokens being traded on TOKPIE exchange platform.

TOKPIE on Coinpaprika
TOKPIE exchange listed on Coinpaprika

Moreover, eligible projects can now list their tokens & coins on TOKPIE, to use TOKPIE exchange as a gateway for being listed on Coinpaprica. It’s valuable for any project to see its token to be listed on as many price-tracking websites as possible.

Coinpaprica is one of the most popular price tracking web resources.
We, in TOKPIE, will continue to list our exchange on price-tracking websites.  We have already submitted requests to CoinMarketCap, Coingecko, Coincap, Livecoinwatch, Blockfolio, & others.
If you would like to see TOKPIE exchange listed on any new price tracking website, just drop a message to info@tokpie.com.

Want to help TOKPIE to grow? Please, vote up for us on blockfolio.

Want to grow with us? Stay in touch with TOKPIE.

TOKPIE partners with POVcoin

Partnering with TOKPIE will attract attention to POVcoin product by boosting its bounty campaign.

Thanks to that partnership, POVcoin will allow bounty hunters participating in its bounty program to trade the earned bounty stakes for ethereum on TOKPIE platform.

The POVcoin mission is to develop interactive, public and anonymous cryptocurrency network, as well as a number of technical devices specially developed for adult entertainments.

TOKPIE CEO, Vasilii Silin said: ‘’The POVcoin project had already developed mobile app application and interactive hardware gadget prototypes. We believe that listing POVR bounty stakes now and token later on TOKPIE platform will bring additional value to our growing user base.”

“We are happy to provide owners of our bounty stakes with a possibility to trade them directly for eth on the TOKPIE platform,” says POVcoin CEO Alexey Chunosov. “Thanks to the TOKPIE’s innovative solution, we can attract more people into our campaign”

TOKPIE is the fast developing crypto exchange platform that provides, among other things, bounty hunters and crypto startups with a unique win-win solution: the Bounty Stakes Trading service which allows TOKPIE partners (ICO, SCO and other projects running bounty campaigns) to list their bounty stakes on the trading platform.

Want to grow with us? Stay in touch with TOKPIE.

Boost Your Token Sale: Bounty Stakes Listing

Hundreds of crypto startups launch bounty campaigns every month to promote their Token Sale. But how to stand out from many bounties and get maximum attention from investors.

This is where TOKPIE exchange comes in

TOKPIE exchange platform offers the unique opportunity for a crypto start-up running a token sale (ICO) or security token sale (STO) and bounty campaigns, to list its bounty stakes.

The result? Early investors and bounty hunters could trade the stakes, attracting new advocates for the start-up and creating a huge buzz about the project leading to a successful token sale.

ADVANTAGES

  • Boost Token Sale
    Token Sale will be promoted better because many new hunters will join the campaign attracted by the possibility of selling 50% bounty stakes earned for ETH on TOKPIE exchange;
  • Grow Community
    TOKPIE provides mutual social media announcements and airdrops to attract additional investors and grow your community;
  • Token Listing
    TOKPIE exchange may list your token (altcoin) automatically after tokens distribution by converting stakes to tokens. Moreover, the huge growth of the number of bounty hunters, caused by Bounty Stake Trading, allows a start-up getting an enormous amount of token-holders, that in turn make its token much more demanded by any exchange in the future.
  • Avoid price dump when exchange
    Thanks to the Bounty Stakes Trading the risk of price dump caused by hunters will be decreased by 50% because impatient hunters sell part of their bounty stakes before token distribution.

HOW IT WORKS
Check how Bounty Stake Trading works in real-life.

bounty stakes trading
What problems does Bounty Stakes Trading solve
How Bounty Stakes Trading works
How Bounty Stakes Trading works
Pros of Bounty Stakes Trading
Benefits from Bounty Stakes Trading

TOKPIE exchange makes a thorough audit of every project before listing its bounty stakes so we recommend applying in advance.

Want to grow with us? Stay in touch with TOKPIE.