General

Is Matchpool going to offer Ads?

No. Matchpool will not offer ads. However, a Poolmaker can build a DApplet that runs adverts. Users will create ads and earn from them if they wish to add them to their pool.

Will I have to pay to access a pool?

There will be free pools for for both men and women to join that are free. Users can create free pools or add revenue models. It all depends on the Pool rules the Poolmaker specifies.

Will you have mobile support for this dapp? or will it be PC only?

We will make a mobile version after the web version.

Can I be in several pools at the same time?

Yes, you can join multiple pools.

How much sleaze is Matchpool going to allow?

Matchpool makes members and Poolmakers accountable. If pool members are causing other members annoyance, they can be reported and left negative reviews after matching. Pools with poor reviews will display a low temperature (reputation score) and will put off new members joining. Members can be reported to the Poolmaker and they’ll be banned from the pool.

How is Matchpool going to handle the fact that cultures have very different ways of matching people?

We will work closely with the law in different countries so that we can make policies for all Poolmakers worldwide. Poolmakers and pool members will be accountable within pools.

Where is Matchpool incoprorated?

Matchpool is incorporated in the City of Zug, Switzerland.

Crowdfunding Campaign

Will the token sale be capped?

Yes, it will be capped to Etherereum value equivalent to $5 Million USD.

Will the Crowdfunding Campaign be held only with ETH or also with BTC?

The Matchpool crowdfunding campaign will be done entirely using an Ethereum smart contract, and so will be held only by pledging ETH into the crowdfunding campaign smart contract address.

Will there be an Escrow service for the collected crowdfunds?

Yes, Our escrow partners will be MME (Legal Firm) & Bitcoin Suisse AG (A shareholder company specializing in alternative finances). Both are well respected and experienced in their fields.

When and how will I get my GUP tokens bought during the Crowdfunding Campaign?

The ETH each contributor contributes will go straight to the crowdfunding campaign smart contract where they will be held until the crowdfund ends. While sending your ETH, the smart contract will credit the sending address and later on will send back to the sending address the number a GUP’s entitled proportionally with the total crowdfund results. At the end of the crowdfund a further code check will be placed after which all GUPs will be sent to the sending addresses.

How soon can I trade my GUP tokens and on which exchanges ?

GUP tokens sold during our crowdfund will be of ERC20 standard created through smart contracts, which basically means that listing it to an exchange can be easily done and probably won’t take too long. Specific exchanges will be later announced as it is way too soon and will not be responsible to announce it now. Of course there is always the possibility of trading bought GUP through Over The Counter deals on the forum and Reddit. As the crowdfund is being held through smart contracts, soon after the final code is checked, each contributor can redeem their tokens (credits) into his ETH wallet.

Is there a maximum amount of participants that can take part of the crowdfund?

There is no restriction of max participation. However, since the ETH:GUP price is predetermined starting at 120 GUP per 1 ETH and ending at 90 GUP per 1 ETH, eventually the GUP will run out and the sale will be over.

Is there a Minimum amount of funds to be collected during the crowdfund?

Yes, after long thought on this matter we have reached the conclusion that in order to produce Matchpool platform and App we will need at least 30K ETH. Everything beyond that will help us greatly delivering a better product in less time. Incase the minimum amount won’t be reached the crowdfund smart contract will send all the collected funds back to the sending addresses.

Is there a Maximum amount of funds to be collected during the crowdfund?

Yes, once again as the ETH:GUP price is predetermined, and there is a fixed GUP amount (60 Million), the total funds collected assuming all GUP tokens are sold will vary between 500,000 ETH — 666,667 ETH, depending on the early bird bonuses that apply at the time the participant contributed their funds.

Will there be any refunds available after contributing to the crowdfunding campaign?

Incase the minimum cap of 30K ETH is not reached, a refund will take place automatically. Otherwise all sales are final. We recommend you read all about the Matchpool project in our blog and our whitepaper and do thorough due diligence before contributing to the event. Each participant contributes their contribution at their own risk.