FAQ

We are a community of very experienced professionals ranging from Data, strategy, machine learning, analytics, blockchain, data science and with a very big heart and passion to drive VuePay forward.
On October 6th at 08:00 GMT, we will offer a cryptographic token for sale that is a unit of value in the VuePay platform - Platform to deliver Ad revenue share using ethereum.
You can show your support of this project by purchasing VUPs. Please follow the instructions to participate in our crowdsale - you have to be prepared to purchase when the sale begins. You can also join us - we’d love to have you. Please sign up for our newsletter if you’d like to be kept informed of our progress.. support@vuepay.co
We believe that what we are doing will bring fairness to the Ad world revenue market. Our target is about $30 million, and our cap is around $50 million.
The VUP token (ticker symbol VUP) is a ERC20 token issued on Ethereum blockchain. Token holders can easily store and manage their VUP tokens using the open-source MyEtherWallet.com.
VUP tokens will be issued automatically via Ethereum smart contract. The ICO smart contract code on GitHub will be public and available for audit by anyone.
VuePay's mission is to liberalise the advert ecosystem by introducing transparency in the targeting of users of the platform by advertisers, putting power in the hands of the hands of the users and ultimately to reward the users themselves when ads are viewed.
Currently, users of social media and the internet in general are targeted by the big players in several ways with little control over what they see. It costs an average user time, and money in some instances, to block the ads that are appear on browsers and apps on mobile devices. VuePay's vision is to the turn this around - put power in the hands of the users who have to consciously opt into adverts rather than what obtains today. And they get paid for doing so.
Every actor in the VuePay ecosystem stand to benefit. Advertisers who don't necessarily spend more money to get onto the platform but can now directly target prospective customers of products and services. Consumers who sign up are provided seed tokens; can configure preferences their streamline ads that get delivered to them via notifications and then get rewarded to view the ads. It's a win-win for all.
Please refer to the VuePay website for details of the very strong line up of seasoned professionals who make up the VuePay team here: http://vuepay.co
As a startup, we are currently speaking to several potential partners various areas. Talks are still in early stages. As we onboard these partners, details will be updated on our website.
The VuePay product roadmap is also available on our website. Finer details of the product, service and platform will be published once our ICO is complete. At this stage, the concept is well documented in our whitepaper available on our website.
We are still in the conceptual phase at the moment. We have undertaken a thorough concept validation with experts in the industry. A prototype will delivered in short order, beginning at the completion of our crowdsale phase.
Token Name: VUP Total Tokens: 1,000,000,000 Equity on offer: 40% (400,000,000) Price: 2000 VUP = 1 ETH Platform: Ethereum Soft cap: 20,000 ETH Hard Cap: 200,000 ETH Pre-sale Dates: 06/10/2017 to 20/10/2017 ICO Dates: 21/10/2017 to 20/11/2017 Bonus Structure: -Pre-Sale 50% -25% VUP tokens 25% -Next 25% VUP tokens 12.5%
It depends on the crypto exchanges decision to list VUP tokens. We are already communicating with some major crypto exchanges regarding listing VUP tokens. We expect at least one exchange to accept our tokens soon after the ICO is over.
The minimum funding amount for the token sale is ETH 20,000 , if this is not reached - the money will be refunded to the participants. There is no particular minimum for purchase - you may buy as much or as little as you like.
After the sale period, all unsold tokens will be put on ice for ten years.
No. At the end of the ICO, VUP token creation will be closed permanently
Yes, view the VUP Token Terms and conditions.
We don't plan to burn tokens. Burning means destroying tokens permanently. Instead, we will use a smart contract that will hold the tokens for ten years, then unlock them.
It's here: http://vuepay.co/wp-content/uploads/2017/06/VuePay%20whitepaper.pdf
This is where we are with blockchain at the moment. You need a wallet that can see tokens, and MyEtherWallet is about as easy as it gets. There's another reason - getting your money from your bank into an exchange requires a banking license. So there's a big divide between the licensed exchanges and the native crypto wallets and crypto-exchanges that don't deal with fiat currency.
This token, like almost every other blockchain-based token, has no profitsharing mechanism. It does not represent ownership or equity in the project, and the token is not a security. As with almost all other "Initial Coin Offering" tokens, there is inherent value in the tokens - they will be the unit of payment in the VuePay platform. In many other cases, the value of the token has gone up in the months after the token sale. However, the token will be priced by the market, and it's worth being aware that other tokens have not increased much in value and several have gone down. We have a long-term view. We believe our tokens will become valuable as our system becomes more real and gets traction with customers. We discourage investors who plan to sell for a quick profit.We are looking for supporters who believe in our vision.
If you used MyEtherWallet to purchase your tokens, you'll find a tutorial on the Purchase page of this site. If you used another wallet, please explore that product's community.
You will want to put them into "cold storage." That means you leave them in your MyEtherWallet (they aren't really there - they are on the blockchain) and you store your password, private key, and address on a USB stick (or two) away from your computer. You can easily learn how to do this by typing "ether cold storage" into YouTube. Here, we did it for you.
BAT browser is our competitor. We deliver smart predicted Ads directly as a notification to the consumers weeding out the need for publishers, full audit traceability and analytics is provided to the advertisers about Ad consumption , consumer is also rewarded directly as a portion of ad revenue share. The essence of VuePay is to deliver digital content with a magical user experience on mobile devices and through a browser.
There are not obvious disbenefits for token holders. The VuePay contract include clauses to ensure investors are duly refunded under certain conditions such as not meeting our cap. The product vision, as earlier explained has been validated and has a huge a potential in the market - hence token holders can expect an uplift in their investments once the VUP lists on exchanges. Our fundamentals are strong to back up these points.
The requirements are being ironed out with out legal team and will become available shortly