tokenpay / 46 posts found

Charlie Lee opens up about Litecoin (LTC) Foundation and TokenPay Partnership

by crypto journalist
Litecoin founder Charlie Lee has to clarify some of the issues surrounding the . This arrangement, which includes a stake in German bank WEG Bank AG, has been criticised by some Litecoin investors who believe they are subsidising a risky venture. Lee points out that Litecoin and the Litecoin Foundation (LF) are very different things. The first is a “decentralized network and currency” while the second is a “centralized non-profit organization” with a mission of furthering the “development, adoption, and usage” of LTC. As Lee is the Managing Director of the LF, as well as the creator of Litecoin, the […]

TokenPay Announces Its Successful acquisition Of German Bank

by crypto journalist
TokenPay, a decentralized and self-verifying payment platform project, announced that it had officially closed a deal with German bank WEG in Berlin. Share certificates representing 9.9% of the equity interest in WEG Bank AG have been transferred to TokenPay Swiss AG, along with options to acquire an additional 80.1% of the bank upon customary regulation approval. In the announcement by TokenPay, it was declared that the proceeds of this transaction were derived from the firm’s December 2017 token sale. “Today we are announcing that we have officially closed a deal with WEG Bank AG, located in Germany.” #TokenPay Announces Acquisition […]

SMM Gone Bad: TokenPay (TPAY) Better than Bitcoin but Similar to Bitcoin Cash (BCH)

by crypto journalist
TokenPay (TPAY) is a new player in the crypto verse that offers merchant services to its community. Its self-verifying mechanism has been gaining a lot of interest from businesses and individual users across the globe. With a robust infrastructure in place, the coin has been in the media as a way of popularizing its services in a bit to attain its mass adoption goal. Social Media Marketing (SMM) has become the best route to the market for majority of crypto coins and tokens but TokenPay appears to have taken the strategy notch higher. Comparing itself with other coins appears to […]

Bamb-U Australia Offers 50% Discount On Every Transaction Through Verge (XVG), Tokenpay (Tpay)

by crypto journalist
There has been silence in the Verge (XVG) community after the last attack, with many observers saying the end of the altcoin has come. The Verge Meet-up came shortly afterward, and it was branded a success. Then, series of issues has been surfacing in the cryptocurrency community, but on the end of Verge, the news that Bamb-U has started accepting Verge and TokenPay enlivened the VergeFams. Not that it has only started accepting the two coins alone, the Australia’s leading bamboo sunglasses & bamboo watches brand, was said to have put a 50% discount on every transaction made with Verge […]

Seems Litecoin (LTC) And TokenPay (TPAY) Are Partnering on Acquiring Bank In Germany

by crypto journalist
The unveiling of Verge’s mystery partnership opened doors to many things. It is noteworthy that there has been the reduction in the value of Verge since the announcement was made. However, there are two to three success stories for Litecoin (LTC) and TokenPay (TPAY). When Charlee Lie, Litecoin Founder teased Verge on Twitter and urged Pornhub to add bigger cryptocurrencies claiming the entertainment industry should not be monopolized, many a number of enthusiasts took their time to condemn Lie’s stance on the partnership. Derek Capo, CEO TokenPay was part of those who condemned Lie’s attitude, questioning the CEO on why […]

Monero [XMR]s lead developer states TokenPay are “snake oil salesmen”

by crypto journalist
Recently, Twitter witnessed a feud involving the lead developer of Monero, Riccardo Spagni, who goes by the name Fluffy Pony on Twitter, and TokenPay, a cryptocurrency payment platform. According to the posts, Riccardo was invited for an open debate by TokenPay to address the allegations made by him which stated that TokenPay was a centralized platform and their proposed Distributed Proof of Stake [DPoS] model was significantly worse than the distributed database. After a series of discussions, the CEO of TokenPay, Derek Capo accused Riccardo of creating a platform which could be used by criminals to access the darknet marketplace whereas […]

TokenPay completes acquisition of 9.9% of Germany’s WEG Bank

by crypto journalist
TokenPay, a decentralized and self-verifying payment platform project today announced that it has officially closed a deal with WEG Bank AG, located in Berlin, Germany. Share certificates representing 9.9% of the equity interest in WEG Bank AG have been transferred to TokenPay Swiss AG, along with options to acquire an additional 80.1% of the bank upon customary regulatory approval. The proceeds of this transaction were obtained from TokenPay’s December 2017 token sale. As outlined in the TokenPay  roadmap, the company completed this partnership during Q2 2018, in line with its November 2017 projections. As discussed by the TokenPay team last month, it is […]

Is TokenPay Partnering with Verge (XVG) a Real Deal?

by crypto journalist
Is TokenPay Partnering with Verge (XVG) a Real Deal? The whole excitement on this matter initiated with the first crowdfunding introduced by Verge (XVG). The team specified through Twitter the reason behind their request that they want the said amount to get an essential partnership. The excitement that they carried out in the public did a wonderful job for the team because they were able to accumulate the required amount very quickly. In order to disclose the secret partnership which cost investors a frail 75 million XVG, we are at present waiting for Verge. Is Verge Partnering up with TokenPay […]

Litecoin [LTC]’s Charlie Lee to back TokenPay in exchange for WEG Bank acquisition

by crypto journalist
On July 10th, Founder of the 6th largest cryptocurrency, Charlie Lee announced a partnership between Litecoin and TokenPay wherein the previously acquired 9.9% of the WEG Bank by TokenPay was moved to Litecoin Foundation. In return, Litecoin Foundation will provide TokenPay with its high-tech blockchain services along with intense marketing support to back TokenPay, its operations and the native token. Charlie Lee’s recent tweet | Source: Twitter About two months ago, TokenPay Swiss AG revealed a closed deal with the WEG Bank regarding its 9.9% acquisition of the bank with an eligibility to purchase an estimated 80-90% of the bank […]

TokenPay [TPAY] speaks up: Clarity on 10% stake in bank, Token Suisse and more

by crypto journalist
On 16th July, TokenPay CEO Derek Capo, ran a live YouTube broadcast on TokenPay’s official channel to speak about TokenPay as a platform, his former business called eFin, his days as an entrepreneur, failures and more. This is in response to Bitcoin influencer Tone Vays‘ recent Twitter castigation of TokenPay and Litecoin partnership, the respective leaders and their acquisition of stakes in WEG Bank. Derek Capo, along with crypto-enthusiast Sean Davis, approached the discussion by speaking about TokenPay’s recently released website. It is for the rebranding of TokenPay, which also displays the products that the company is working on. One […]