KoveredPay (KVP) Tokens
Hey there! Welcome to the official KoveredPay Bitcoin Talk Announcement thread. At this thread, you can:
Get more information about this project
Stay updated and find the latest news
Stay in touch with the development team behind KoveredPay
Communicate with fellow community members
Find the links of interest regarding the project
If you've any question, query or business proposal, please leave us a message at dev@koveredpay.com
KoveredPay:
KoveredPay is a decentralized token based on the Ethereum blockchain. Our aim is to enable safe, reversible transactions on the blockchain. The transactions made using KoveredPay can be reversed and/or put on hold, making KoveredPay a must-have cryptocurrency for both merchants and buyers to ensure the safety of their funds.
Instant Transfer: Instant Transfer is the basic transfer of tokens from one party to another without any protection. It's similar to other tokens' transfer function.
Trustless Transfer: This feature enables users to send transactions which can be reversed or refunded without the need of any central authority - reversals and refunds happen on the Ethereum Blockchain network.
Mediated Transfer (coming in 2018 Q1): Transactions are secured and mediated on the blockchain by a third-party peacemaker (KoveredPay Mediator Pool). Similar to PayPal's Dispute Handling.
Links of Interest:
Website
Video
Whitepaper
Smart Contract
Facebook
Twitter
Telegram Group
Logo #1
Logo #2
Symbol #1
Symbol #2
Roadmap:
2018 Q1:
Listing of KoveredPay tokens at multiple exchanges
Release of mediator pool, thus making Mediated Transactions functional
2018 Q2:
Release of Merchant to make the integration of KVP tokens very simple, straightforward and easy
2018 Q3:
Release of a full fledged wallet application for KoveredPay tokens
2019 Q1:
Possible research for a complete Blockchain system
2019 Q2:
Depending upon the feedback of the community, work on the separate Blockchain begins
2019 Q4:
Transition to new blockchain system initiated
We're still skeptical about our future plans. We're considering to build our own Blockchain system in 2019, but that is highly dependable upon the feedback we receive from the community. In that event, we will freeze transfers on the Ethereum chain and rebuild the database for the new blockchain system.
Distribution:
Total Circulation: 50,000,000 KVP
Airdrop: 35,000,000 KVP
Administration*: 15,000,000 KVP (10,000,000 KVP, locked in smart contract for 6 months)
*For development of project, marketing, bounties and other stuff.
Airdrop:
We'll be distributing 35,000,000 KVP in an airdrop. We'll be providing 200 KVP for every 1 Ethereum you hold. To claim the tokens, you can visit our website at KoveredPay.com and use Message Signing and/or Transaction Broadcast to prove the ownership of your Etheruem address.
Referral Programme:
Hop over to KoveredPay.com to find our more information about our referral programme. We're paying up to 6% for each claim your referred user makes at KoveredPay website. The more people you refer, the more you earn!
Bounty Programme:
Hop over to KoveredPay.com to find our more information about our bounty programme. We're paying a generous amount for your efforts to promote KoveredPay.com.
Get paid an amount between 50 and 150 KVP for writing about us on any cryptography related forums such as Bitcointalk, Steemit. Make a video and get paid between 150 and 300 KVP depending upon the quality. To get rewarded, your channel must have a minimum of 500 subscribers and the video length must be over 30 seconds.
Social Bounty Programme:
Hop over to KoveredPay.com to find our more information about our social bounty programme. We're paying 50 KVP when you like our Facebook or Twitter.
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