15/12/2018
15th December 2015
SPECIAL ANNOUNCEMENT - BIG CHANGES TO IP2PGO
Dear Members & Supporters,
First of all we would like to thank all of you for your continuing support of iP2PGO.
As we continue to grow iP2PGO business we never forgot to hear feedbacks from our members and country partners, therefore we have decided to make the changes below:
1. Replacement of iP2PReward token (“iP2PR token”) program with iP2PGO token (“GO token”).
Today, we are launching GO token to replace the iP2PR token. Whereas the iP2PR token can only be used by owners to receive discount on the iP2PGO platform transaction fee, the GO token goes much further . . .
Owners of GO token receives a discount of 10% by using the GO token to pay for the transaction fee of any crypto/fiat trades,
Zero transaction fee for GO/fiat trades and for any crypto/GO trades,
Owner of GO token is also entitled to share 30% of the net revenue that iP2PGO earns on a daily basis,
GO token owners can also make suggestion and vote for any ERC20 token to be listed on the iP2PGO platform.
But most importantly the GO token is first and foremost a community token. Just like any cooperative, the future prosperity of iP2PGO platform will depends on the level of support it receives from it’s community. Spreading the words about iP2PGO & inviting your acquaintances, friends & families to register as members will expand the iP2PGO community and as members trade through iP2PGO it will increase the iP2PGO platform trade volumes hence leading to higher income to GO token holders.
Any of our ongoing promotional program will now be switched to GO tokens.
Please visit www.iP2PGO.com for the full termsheet, slide deck and terms & conditions.
2. iP2PGO-OTC MARKET
We are very excited to introduce the OTC swap market features in our platform. From today onwards, members can trade crypto/TUSD or crypto/GO pairings with each other in a safe manner using our escrow system. To execute an OTC trade both maker and taker must have the necessary tokens deposited in their iP2PGO wallets first. Actual swap transaction will be done almost instantaneously as the taker ‘takes’ a maker order.
We will be introducing 2 pairings for the OTC swap market.
The crypto/TUSD pairings which are: ETH/TUSD, ZRX/TUSD, BTM/TUSD, SCC/TUSD, OMG/TUSD & TEL/TUSD, the fees for OTC trade for crypto/TUSD pairings are 0.20% for maker and 0.20% for taker deductible from the two tokens being swapped.
the crypto/GO pairings which are: ETH/GO, ZRX/GO, BTM/GO, OMH/GO, SCC/GO, TEL/GO, USDT/GO and TUSD/GO. There will be ZERO fees for maker and taker of any crypto/GO trade.
Any new tokens to be added to the iP2PGO platform in the future will automatically have a TUSD and GO pairings in addition to the fiat pairing.
3. New Referral Program
We are revamping our existing 3 levels referral program (10% / 5% / 5%). As of today, the iP2PGO referral program has been expanded to 9 levels !!. The referral commission has been revised to 10% (1st level), 6% (2nd level) and 2% (3rd to 9th levels), with this we have increased the overall allocation to the referral program from the original 20% of transaction fee to 30% of transaction fee.
4. No minimum deposit to unlocked
In the spirit of revamping the referral program, we are also scraping the requirement to make a minimum deposit of 0.1 ETH to unlock access to the referral page. Access is now given immediately after iP2PGO wallets creation.
5. No deposit fee, but have withdrawal fee
We have decided to scrap the deposit fee of 0.005 ETH, however there will now be a withdrawal fee of 0.005ETH or 0.01ETH depending on the user category.
6. Verified and unverified user categories
We have decided to introduce two user categories, members can now choose to become a verified user or an unverified user. A verified user will have to go through the KYC process before creating their iP2PGO wallets. An unverified user does not have to go through the KYC process.
Furthermore to ensure that counterparty risks are minimised, the user category of a member making an offer will be displayed in the order books, also a verified user who is a maker can specify when making their order whether he/she wants to accept takers from unverified user.
The other difference between a verified and unverified users is that a verified user will be charged a minimum withdrawal fee of 0.005ETH and an unverified user will be charged a minimum withdrawal fee of 0.01ETH.
8. IP2PGO Tanzania is live!
We are very happy to announce that iP2PGO Tanzania is now LIVE!! So for everybody in Tanzania you can now buy and sell tokens using your Shilling.
7. New token: TELCOIN
We are very excited to announce that we have now included TELCOIN in our platform. Members can now trade TELCOIN directly with each other using fiat money as well as with GO or TUSD through our OTC market.
Thank You
iP2PGO Team