We are pleased to announce our next AMA on June 12th 2021 at 01:00 PM UTC Time: Satoshi Club x Payr
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Payr Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Payr Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Payr
For more details:
Payr Website – payrlink.com
Payr Telegram – @payrlink
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
No one can tell, how can we trust people in this era. long time ago, we take a hand shake for dealing. 75% we can trust them,but now, all of our life will moved at the digital era, and now we show you the way for your piece of life.
How can you wasted your time to think.
@payrlink
Payrlink.com
In your whitepaper it is mentioned,
“PayrLink prides itself in
providing a secure service to help prevent the losses consumers
otherwise would have faced due to fraud.”PayrLink has just like a digital court system.juror are the main character in it.because final decision depends on juror’s vote.contracts creators choose how many jurors and which court will rule their contract in case a dispute occurs.
So I need to know,
How are the jurors selected ?can anyone become a juror?what requirements should they have to become a juror ?what are the benefits of being a juror? How can you trust such appointed juror ?and also,I saw Jurors who voted wrong, have to contribute a portion of their PAYR stake..Eventhough they wrong,can they vote again?
PayrLink’s goal is to revolutionize the trust industry with decentralization, but from their point of view; Why is it necessary to revolutionize the trust industry, at present it is not relevant or can not meet the needs of users? And how would they be able to revolutionize it so that it is completely effective for users, what are the tools and strategies that they are going to implement?
If you manage to revolutionize the trust industry, What would be the most important changes that you would achieve, that is, What would a before and after be like? And what would be the relevance that the trust industry would have for users?
To achieve decentralized arbitration, The Jurors will be distributed throughout the world and be verified, What would that verification process be? In addition to these two conditions, are there any other conditions that the jurors must have? How is the application process to be a PayrLink jurors?
One of the ways PayrLink intend to revolutionize Escrow operation is through the implementation of blockchain based Zero-Knowledge-Proof private transactions. By using a Zero-Knowledge-Proof framework, PayrLink will break the interaction link between deposit, the recipient and the asset received. How will this method allow you to ensure transaction completeness, soundness and trust because even when transactions were executed on the open blockchain which is traceable and open for easy verification, escrow related services were easily marred with frauds. How will PayrLink validate commitment from transaction deposit and transparently release escrow fund to the destination address?
Under your Use Case of Decentralized Arbitration i really love how the case between Alice and Bob was resolved.And i noticed that people from different countries were Jurors to the case..My question is Can anybody just be a Juror in your platform and take part in your disputes resolution?Or you get to choose who will become a Juror in your platform?How do you get to trust these Jurors? What will be the Juror’s source of revenue from any disputes they resolve or will some percentage be given to them from what the disputes parties provided?
Only 103 users followed PayrLink official Twitter page including with me when I follow you on 11th of June. Community is the essence of most succeded platforms in crypto space nowadays. What is the reson for less crowd in PyrLink platform? Why are the users not incentivized towards PayrLink platform? According to your Roadmap, “Organize team, Start development” was on January month of 2021. This stage has been already passed with five months now. PayrLink seems to be long term project. But how do you assure & convince users, PayrLink will not be rug-pulled in future due to shortage of Community? Did you audit your smart contract with a reputable third party?
PayrLink platform serve as escrow between the crypto buyers and sellers in a purpose of revolutionizing the escrow industry with private transactions backed by blockchain system. Though PayrLink is fully decentralized, there will be a element of risk involved, such as human error in the form of collusion, mistakes or negligence. So how do you minimize these risks? There are lot of decentralized escrow services with huge competition in crypto market such as Escrow My Ether, TrustSwap etc. Can PayrLink platform to create Bullished escrow industry in crypto space? Why should crypto users use PayrLink escrow service rather than other escrow platforms?
PayrLink will use a decentralized arbitrage and settlement model to sort disagreement and reconcile dispute. This will involve the formation specialised courts that focuses on specific area of contract topics. Since there can be many topics where disputes may arise, how many courts can you have and what are the procedures of forming Smart-Contracts based court? How do an aggrieved user initiate a litigation and how are evidences appraise? How are the jurors that vote on decisions selected, what is the arbitration fees plan and how are jurors compensated?
It caught my attention about Juror votes mentioned in your white paper due to the interesting voting mechanism of PayrLink platform. How can user become as Juror?which benefits will usrs aquire as becoming a Juror in your platform? There is a better voting system to prevent the vote of Juror from influencing the votes of others And also it cannot be Copied other commitments since juror submits hash as the vote. What will happen if Juror doesn’t reveal their vote? Can you explain more details about Juror votes?
How PayrLink arbitrates transactions privately from very simple and highly complex traat issues final judgments in a fast, economical, reliable andnsactions And how do they manage to provide a safe custody service th decentralized way?
How does the Crypto Escrow Service evolve in the trust industry with decentralization backed by Blockchain technology and what are the benefits that blockchain technology brings to your project and to the users who use the platform?
How can users protect themselves from the risks of buying and selling real estate? Is decentralization a viable solution to avoid these dangers? What guarantees does decentralization offer?
As the same article on his web page says, today it is very difficult to trust someone, that’s why I ask:
How can we feel safe and have privacy when transacting online on their platform and how do they make transactions exponentially faster, much more secure, and can cost a fraction of the price?
have already achieved the Update of the Arbitration Engine platform of
private jury reputation solution?
The public sale of tokens is already active and if this is how we can request a purchase, do you have any links that you can share with us?
How does PayrLink take advantage of social networks to advertise, have you already established a suitable marketing strategy to promote your project and thus find your potential customers?
How do you create successful membership programs and digital marketing campaigns at PayrLink to expand your community and find new customers?
How does PayrLink manage to develop the trust service in the best way and what are the benefits of the trust service as opposed to that provided by other platforms, what characterizes its service?
Your public sale has started and it will end on 21st of June. I discovered investors will have to join sale directly from your website by connecting their metamask to the presale dApp on your page. I am always reluctant to connect my metamask and approve transactions on DApps I am not conversant with. How safe is this process and are there other alternative to buy from presale without connecting my metamask? How many token are you distrusting in your public sale and how much do you plan to raise? What is the presale price and how many $PAYR can be bought per user?
Hi PayrLink !
I saw a warning on your public sale page which warns that this is not an investment and a possible loss of ethereum can occur. PayrLink takes no responsibility for any issues of any kind and any legal or jurisdictional issues are entirely your own and you must make sure you do your due diligence before hand. While this is definitely a good advice to DYOR and DD beforehand this message may scare less experienced users away from the sale. What was your reasoning behind this message, why not reassure users in the stability and reliability of PayrLink instead?
Hi PayrLink !
Can you tell us more about the PayrLink innovative escrow experience? I know you are building a secure blockchain-powered escrow service with private transactions and decentralized arbitration. How will it function exactly, are you going to use the ZeroKnowledge approach to guarantee private transactions? And speaking of privacy, I assume you will not require KYC to use the platform, right? Thank you!
Hi PayrLink !
I read about your partnership announcement with the DMEX team in Medium. DMEX is the decentralized crypto currency cloud mining power financial service platform while PayrLink positions itself as an escrow service with private transactions and decentralized arbitration. Could you tell us more about this strategic partnership? What will it bring to both teams, how can you and your users benefit from the partnership, do your platforms have some use cases that organically complement each other?
what is the objective of your project?
How did you come up with this project and what was it like to start it?
many projects go through difficulties at the time of being created, acent has gone through some difficulties during its creation? and how they managed to solve it?
when consider the decentralized applications, The security is a one of very important thing, the payrlink platform is working as a decentralized third-party arbitrates transactions and they provide Secure Escrow Service and Private Solution so according to this, please clarify the importance of the decentralized
third-party arbitrates transactions and how does PayrLink fulfill the security requirement ? and if it is very secured option then how does give this service with inexpensive?
As per the Whitepaper v1.0.2, ‘PayrLink prides itself in providing a secure service to help prevent the losses consumers otherwise would have faced due to fraud ‘ how does the PayrLink platform helps to prevent frauds and losses consumers?
what are the cryptographic methods that PayrLink uses including implementations of ZKP (Zero Knowledge Proof) to achieve the privacy functionality ? and as a new user, why does he choose this platform? what are the benefits that offer to new users?
I read that PayrLink prides itself in providing a secure service to help prevent the losses of consumers would have faced due to fraud. Could you briefly explain what features of Payrlink serve exactly this purpose? In addition, the security and privacy of the users is a very important issue, how is the ZKP able to ensure that the information of the users is not leaked?
The scammers are very active in the market maybe more than ever. Many people get scammed everyday during public sales by buying fake tokens from scammers. This does not only waste the money of the investors, but also creates a fear for joining the next public sales. How does PayrLink bring a solution to this problem? Will it be sustainable and secure enough? Please also give some information about Escrow service feature of PayrLink.
Since the rug pulls are quite often happening in the market, people like to invest in project which team are not anonymous. Can you give some information about the team of PayrLink? Is any of the member of PayrLink anonymous? How did you build this team? How experienced they are? Is it possible to speak with team members in the social media accounts of PayrLink?
It is quite funny actually, anybody who knows your address can see all your transaction history and total amount of the assets. HI see PayrLink takes care of the privacy of its users. Can you give some information about how private is PayrLink? What can be seen by the 3rd parties after a transaction? Can PayrLink team reach these informations?
Since Payrlink is a secure escrow platform where people can make safer cryptocurrency transaction. How many percent will people have to spend per transaction?Can you explain to us What will be the benefit of Payrlink holders? Will holders get to stake their PAYR before they could get a part of the profit generated your platform?
While going through your Telegram i saw that PAYRLINK has done a Smart Contract Audit with Solidity.Finance,it was an excellent one in indeed.It stated 2 things that i will like you to explain,(1) That users in PAYR can purchase token at a pre-determine price.What is the estimated price for users to purchase? (2) Can you please explain what Safemath and Reentrancy Guard in your platform is?
Overflow and underflow bugs are infamous bugs that are not just problematic in smart contracts, but also in traditional systems. We have seen most cryptocurrencies project’s been stolen by hackers using phishing attacks to steal there cryptocurrencies. How does Payrlink plan to solve this blockchain security issues please kindly tell us.Thanks.
As an Escrow service platform the usefulness of PAYR will be in services and platforms where transactions goes on between users across different places and such platforms are growing daily. So how do you intend to integrate your services with such platforms, will users be able to individually, use PAYR as an Escrow for transactions across any platform of their choice, or will it be only on platforms that have PAYR integrated. And How will PAYR integrate its services on platforms where an Escrow service will be needed considering the fact that Escrow services are currently being handled by centralized players in most of this platforms.
PAYR implements on its platform what it calls “PRD” which means PayrLink Revenue Distribution which is said to be a protocol that distributes all the service revenue to PAYR holders, with The main source of revenue being the sum of transaction fees.. So how does this Protocol works, apart from transaction fees what other sources of revenue does this protocol use, how does the protocol distribute this revenue to PAYR Holders, will this be automatically distributed to all holders or is there a minimum amount of holding or what Holders need to do to receive revenue from this protocol.
In PAYR Disputes will be resolved by Jurors through voting and Part of the conditions I noticed in your voting is that Jurors have to stake their PAYR to PayrLink at least 1 month in advance to prove they are not related to the dispute… Considering the fact that a single person can be able to act as a multiple user in a decentralized system like yours by using multiple wallets especially for cases like this where voting is important, how does PAYR avoid such situations. In other words how does PAYR ensure that on its platform, one JUROR equals One vote
Could you please tell us who is currently using your services, tell us what their experiences have been, if there have already been people or companies that have had their second contract with you or at least give us a story of a real experience using PayrLink?
Your roadmap only offers information on your plans until July 2021. Since it seems like this app is complete and easy to use, maybe it is difficult to see how far it can go. This project can be considered a long-term one, but it still makes me curious, do you plan on releasing new features in the future? If not, does it feel like you’ve reached a dead end?
Your project will offer privacy and anonymity to users who do not wish to share information about their transactions and balance, which are normally public information. However, don’t you feel like this defeats the idea of decentralization?
What elements make up the arbitrated contracts provided by Payrlink and how do you guarantee to users that they are reliable, secure, transparent and free of errors, could you tell us if you have performed any test where you check that they comply with the points mentioned above and that therefore they are ready to be used and do not represent any risk, both for the user and for the project?
In your White paper I read that you use a system where certain users are juries, my question is what is the role of these juries in the growth of the platform, can any user become a jury? What are the necessary requirements to apply to be a jury and what long-term benefits will the jury have on other users?
PayrLink uses various
cryptographic methods including implementations of ZKP (Zero-
Knowledge Proof) to achieve the privacy functionality. can you tell us how ZKP works in PayRLink?
According to the Tokenomics of PayR, A total supply of 200,000,000 PAYR will be created and 77,000,000 PAYR will be made available for sale during the initial token sales.
There will be no softcap. Can you please explain why you chose no softcap? And about the Tokenomics distribution, 7.5% of tokens are dedicated to founder team of PayrLink and 5% of
tokens are distributed to the advisor? Would you mind elaborate to us this distribution of your token.
PayrLink is a decentralized application powered by Blockchain technology that works as a decentralized third-party arbitrates transactions in a private manner from very simple and highly complex ones. Can you elaborate to us more What PayR is trying to solve in this vast world of crypto? And how can you give assurance and protection? How fraud can be avoided?
I saw that your early buyers from presale will be able to withdraw their $ PAYR after listed on uniswap, but will it be immediately after presale? Many times it takes a long time to list the token and add liquidity which generates anxiety in the buyers, do you assure that it will be fast? What other plans do you have to list your token on exchanges?
You are encouraging your users to stake their PAYR to take part in PRD (PayrLink Revenue Distribution), I was checking some information about it but isn’t clear to me what’s the origin of these revenue funds and how are you going to distribute among the stakers, can you explain more about this system?
The Payr system works by using the role of Jurors, they’re users that are able to do votes to help in the escrow process, but can you tell us what are the requirements to eligible to be one of them? Also which Incentives do offer to keep them committed?
This June 23 Payr will conduct its pre-sale event so can you give us a summary about how participate on it? Do you require any special step before it?
Considering that the main purpose of the platform is offer a secure P2P platform to users to interact with Fiat and Stablecoins, can you tell us why do you need the PAYR token? How this token fits into the ecosystem?
The arbitrage trading is amazing but always exist that “space” of failure and other several difficulties, so can you explain us how your arbitrage engine is able to solve this limitations?
In PayrLink disputes will be resolved by distributed Jurors all around the world, which have to be fully verified. How is that verification process and what makes it enough to know Jurors are worth the trust of both parts of a dispute?
PayrLink works as a decentralized third-party for very simple and highly complex transactions. Some say that the best third party is the one that doesn’t exist, because decentralization seems to be at risk with them. How can PayrLink address and solve this issue?
There are many projects that after some seasons redirect the funds of their tokenomics to create new funds or directly add them to rewards or burn of the token. Do you have in mind to carry out any of these actions in the future or do you not contemplate making changes at the moment?
On the subject of arbitration fees, Payr has made it possible for each juror coherent with the final ruling, to be paid a fee determined by the subcourt where the dispute is solved. Also as stated, the arbitrable smart contract will determine which party pays the fee, either; the party creating the dispute or the party appealing. As a decentralized escrow service provider, why would the arbitration fees be determined by Payr’s subcourts as a against a general community consensus, and are the final arbitration fees calculated based on an agreed amount accross all Payr subcourts, or does this fee vary according to the complexities of each dispute?
How does Tokenomics differ from PayrLink, what are its characteristics; how much is the total supply of PAYR, how will it be distributed, if it is planned to burn a percentage of it, how much is its initial sale, how will it avoid centralization of the token and that at the end of its first sale the token loses value?
I could read that at the end of 2020 your main idea was to offer secure deposit service and that the main goal for this year 2021 is to launch the first version of the platform and gather more experience, so how far along are you with this goal, is it still your priority or at this moment you have already matured more the final goal you want to achieve with PayrLink at the end of this year?
evaluating the interaction with the market and the philosophy that competitors may have is important, as this will allow to understand the market and create better strategies, so what makes PayrLink different from its competitors, could you give us some reasons why users and investors should prefer your services instead of those offered by competitors?
Payr has done an immense job in creating a platform that attends to the issues of trust arising from online financial transactions accross a variety of business fields. Though still a project under development, the share volume of online litigations as a result of fraudulent transactions is on a continuous rise, which speaks volume to the lack of an adequate and reliable escrow and arbitration service. Therefore, what would be Payr’s long term plan in adequately developing a system that caters for all online and offline financial or contractual agreements, and how will it effectively unboard interested businesses and platforms to it’s services?
what are your plans and mechanisms to maintain PayrLink still pricefull and provide benefits to investors? do you have any plan to make Payrlink become digital transactions for any items, e-commerce or anything??
#AMA
investors seem look like doesn’t have a patient to be long term investor, so how PayrLink attract to new investor and make new member still stay long-term with the project?do you have any plan with that?
i just see almost everyday developers around the world make the new coin/project and they have a strategy to attract investors, could you tell me what is the difference about PayrLink’s project between others coin that will convince and attract the investors join with Payrlink?
PayrLinks is a decentralized application based on Blockchain technology that acts as a decentralized third-party arbitrator for both simple and sophisticated transactions in a private manner. It’s difficult to trust anyone these days, especially in a society where everything takes place online. When doing business online, how will you handle private transactions? What mechanism will you implement To feel safe in the event that something unexpected occurs?
PayrLink is similar to a digital court system, with jurors acting as judges in a real court, with ultimate rulings based on their vote contracts. Could you tell us about your Jurors? Are they qualified and experienced in judging both parties and determining who will win the case? What are the criteria for selecting jurors in your platform? How to become one of your Jurors?
As the purpose of Payr is to revolutionize the Escrow industry with decentralization and private transactions backed by Blockchain technology for a fraction of the price of a conventional escrow service,can you tell us how much would be the fraction of the price of a conventional escrow service? How does the escrow services price being calculated? How does payment being paid to escrow? As trust is very important to an escrow service,how does Payr associate or gain trust from clients? How do you use Blockchain Technology to revolutionize the escrow industry? Thank you
I read in one of your twitter post last May 19 that your core team is submitting documents to CMC for listing your token and $PAYR will be listed on CMC asap after IDO. So,why did you submitted documents in CMC for listing purposes so early that as far as I know your Public sale will be until this June 21,2021? I also see that your public sale is happening in your own website,so why does your platform not negotiating to some popular launchpad platform or some exchanges to hold your IDO or public sale so that you can gain more investors that will trust your project? Apparently as an investor,how can we trust our hard-earned money to invest in Payr public sale? As your public sale was started last June 4 and will end on June 21,can you tell it’s progress or output as of this day? Is there still slot available for some interested investors? Thank you
PayrLink is a secure escrow platform, where people can make safer transactions of crypto currencies. I read that you will be give reward to PAYR holder through escrow platform and user possible to stake to get more reward, could you explain what kind of reward do you prepare for holder and how is your stake mechanism work?
I love the road map and it’s a great plan. Do you still believe you can realistically achieve these milestones? have you faced any development set backs so far?
How can you increase other people’s trust in the mission vision? I don’t think it’s open to corroborating the evidence. How do you introduce your project that is easier to access for all people to learn more crypto?
Can you tell us about your team members? are they qualified and professional in their fields? what are the recruiting qualifications for team members for your extraordinary project? thank you….Is your project listed on coingecko and coinmarketcap or not???
I see that Payrlink will be launching on Ethereum and Binance smart chain. Can you explain the detail about Payrlink mainnet, when your mainnet will be launch? Do user possible to test your mainnet before it launch? And please tell us what important feature that will be available on your mainnet?
PayrLink takes a fraction of the total amount as a common transaction
fee. Common transaction fees will be distributed to all jurors who have
their PAYR stake on PayrLink.
Based the text, can we know the ratio of percentage fee from common transaction?
Hello PayrLink!
The PayrLink platform provides a completely decentralized, reliable, private and inexpensive escrow and arbitration solution to cryptocurrency users.
Jurors are one of the most crucial persons to get involved in resolving both sides’ disputes. My question now is, how do you select your Jurors? Did you appoint them or did they apply for the position?