[ANN][PSB] Pesobit, Philippine-based crypto

Discussion in 'Diskusi AltCoins' started by pedrillo0, Oct 4, 2016.

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  1. pedrillo0
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    pedrillo0 Member Baru

    Bitcoin Address:
    Online Wallet is now accessible.
    NOTES:
    Sending - delayed temporarily. We also want to make sure that the other 3rd party systems are already in the right or updated blockchain like poswallet.com.
    Receiving - make sure that that the sender is coming from the new blockchain as well or you will not receive them.
    Staking - disabled for now but will enable in the next few days with an increase in staking rewards brought by PoSP.

    Download links of the updated wallets:
    MAC - https://github.com/pesobitph/pesobit-source/raw/master/Pesobit-Qt.dmg
    Windows - https://github.com/pesobitph/pesobit-source/blob/master/pesobit-qt.exe

    But please refer to this post (https://bitcointalk.org/index.php?topic=1581240.msg17681395#msg17681395) before upgrading your wallets if they have Pesobits on them

    C-Cex (https://c-cex.com) just joined the Pesobit Online Wallet (https://wallet.pesobit.net) and POSwallet (https://poswallet.com/) to be on the right chain. Coins can now be sent successfully across these systems. With this, https://c-cex.com just became the first exchange who supported the PoSP version of Pesobit, feel free to trade there.

    Thanks


    - BENJAMIN PACHECO (Founder PSB)
     
  2. pedrillo0
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    pedrillo0 Member Baru

    Bitcoin Address:
    Pesobit Weekly Report (1st week of February 2017)
    1) Pesobit started launching its PoSP-powered blockchain allowing for a more rewarding and more efficient staking. PoSP or Proof-of-Stake Participation rewards those who participate in staking their wallets so the longer the time you're online the better the staking rewards will be.

    2) 3rd party wallets are upgrading their wallets with CCex and POSwallet completing theirs but I believe there are still matters at hand for CCex to resume trading.

    3) Online Wallet (https://wallet.pesobit.net) now has increased staking rewards brought in by PoSP.

    4) E-Wallet.ph has resumed talks with VMoney after all governmental papers has been completed so we're now dealing with VMoney regarding the configuration of E-Wallet.ph and its features.

    5) Other projects will resume like Freelance site, Pesobit Exchange (trading) site and others.



    - BENJAMIN PACHECO (Founder PSB)
     
  3. pedrillo0
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    pedrillo0 Member Baru

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    Coinpayments.net is done in upgrading their wallet and is already operational, this means that we can now resume the Marketplace at https://market.pesobit.net Registrants from abroad (Overseas Filipino Workers) can now register as well with their countries being added for registration purposes which will allow them to make use of its services that will benefit them like Gift Cards and Bank Encashments with small fees.
    Items will be added then it will be fully operational within the next few days.

    Pesobit Faucets are now available in these links below:
    http://luzon.pesobit.net
    http://visayas.pesobit.net
    http://mindanao.pesobit.net

    Feel free to spread out your referral links and don't forget to click on the ads. All income generated by ad clicking will be used to purchase PSBs, to create buying pressure and maintain our project and bounty fund.

    - BENJAMIN PACHECO (Founder PSB)
     
  4. pedrillo0
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    pedrillo0 Member Baru

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    Pesobit at C-Cex is now back. Withdrawals and Deposits are now working. Take note that they are already in the new blockchain making them the first exchange to complete the upgrade to the PoSP version of Pesobit.
    You can now send across these platforms of Pesobit new blockchain:
    1) Online Wallet (https://wallet.pesobit.net)
    2) C-Cex (https://c-cex.com)
    3) POSwallet (https://poswallet.com/)
    4) Coinpayments ECommerce API (http://coinpayments.net/)
    5) New Desktop wallets

    Other exchanges are still working on their upgrade except Cryptopia.
    Want to help spreading Pesobit? Don't forget to use our faucets at the following links and spread your referral links.
    1) http://luzon.pesobit.net
    2) http://visayas.pesobit.net
    3) http://mindanao.pesobit.net
    Ads were put in place so income can be used to buy Pesobits from the exchanges.

    - BENJAMIN PACHECO (Founder PSB)
     
  5. pedrillo0
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    pedrillo0 Member Baru

    Bitcoin Address:
    Pesobit Crowdfunding Platform via the Online Wallet
    Here you can join/post projects requiring crowdfunding.

    For Project Managers requiring to crowdfund their project
    1) Listing your projects require you to send 5k Pesobits as entry fee
    2) After your crowdfunding stage, 2% will be deducted from the raised BTC for using the platform
    3) This feature only uses BTC by default unless the Project Manager prefers PSB</p>
    4) There are 3000+ users of this Online Wallet. We will also post about your Project once a week in our Facebook and Twitter account. So you know that your project will be seen by thousands of people.
    5) If you're interested to post about your project, email [email protected]

    BSP (Bangko Central ng Pilipinas) is now regulating Bitcoin exchanges and in line with this, we'll make sure that E-Wallet.ph will be safe to use upon launching. To those who doesn't know what E-Wallet.ph will be, it is a registered company that will allow Pesobit -> Philippine Peso conversion which can be withdrawn to the banking network with Visa/Mastercard in tow. It will also have a User-to-user fund transfer, Bills Payment and Mobile Prepaid load features so it has to be approached carefully.

    Want to help spread Pesobits, share your faucet links by using these faucets below (and don't forget to click the ads):
    http://luzon.pesobit.net
    http://visayas.pesobit.net
    http://mindanao.pesobit.net

    - BENJAMIN PACHECO (Founder PSB)
     
  6. pedrillo0
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    pedrillo0 Member Baru

    Bitcoin Address:
    Pesobit Weekly Report (2nd week of February 2017)

    Within the week, Pesobit in Coinpayments.net and C-Cex are back online and Crowdfunding section via the Online Wallet has been created (thanks to those who queried about how to participate).

    Marketplace (https://market.pesobit.net) are in the works for some revision, you can now see denomination options for some items like those in Mobile Prepaid and Game Credits categories. Anyone can register in the Marketplace so anyone outside the Philippines (Overseas Workers) will be able to register and convert their Pesobits to products and services that will benefit their families here in the Philippines. This will also be applied with Gift Certificates section that will cater Gifted.ph and Giftaway.ph products.

    Freelancing website has started development and hoping to take some of that huge Freelancing market in the Philippines. The website will use Philippine Peso or US Dollars for the pricing but uses Pesobit as the currency to be used for payments.
    Example:
    If the listed service costs $10 USD and 1 Pesobit is $0.01 then you need to send 1000 Pesobits to the other party. The rate will be based from exchanges and will have 1-hour price averaging to lessen price volatility.

    Talks with VMoney have progressed as well so let's see what will the timeline be for the opening of the E-Wallet which provides an option for Pesobit Online Wallet users to convert their Pesobit to Philippine Peso in another website which they can use for Bank withdrawals, Bills Payment and many more including ATM withdrawal since it has a debit card in tow.

    Enjoy your weekend everyone :)
    - BENJAMIN PACHECO (Founder PSB)
     
  7. pedrillo0
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    pedrillo0 Member Baru

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    Some of the drafted specifications of the Pesobit Freelancing website.
    1) The site will use US Dollars as price reference but uses Pesobit for actual transfer.
    2) Users will enter their Pesobit receiving address in their profile. The site won't have Online Wallet capability.
    3) The Pesobit rate to be listed at the top of the site will be in US Dollar value and in Bitcoin value.
    4) There will be Notifications, Messaging and Feedback section.
    5) Together with the Marketplace and the Online Wallet, this can be used free of charge.

    - BENJAMIN PACHECO (Founder PSB)
     
  8. pedrillo0
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    pedrillo0 Member Baru

    Bitcoin Address:
    Pesobit Weekly Report (3nd week of February 2017)
    This week showed that the Philippines is now trying to have some kind of control over Cryptocurrency operations to protect the general public as well as continue the fight against Money Laundering and Terrorist Fundings. I already made contact with BSP (Bangko Central ng Pilipinas) to make sure that everything that we'll run with Pesobit is legal and under compliance. And it seems, we're not going to have much problems as some of the requirements are already set. E-Wallet launch is just few weeks away, this will provide major boost in Pesobit circulation since it will act as direct conversion of Pesobit to Philippine Peso alongside the capability to pay bills and many more. In line with this, I'm looking for serious investors who would like to help funding the E-Wallet operations where the funders will earn via profit sharing since E-Wallet.ph will have profitable services. To those who are interested, please email [email protected] so I can answer your inquiries better. Take note that E-Wallet.ph is a legit business with all regulatory documents so you know that it can be bigger in the future via partnerships with other companies as well.

    Freelancing website is already in the works so to benefit the Freelancing community here in the Philippines which is one of the top 10 countries in the world providing freelance services.

    Also, during the weekend I'll enable another section in the Online Wallet for 3rd party investment platforms. These platforms being launched by their fund managers should have at least 300k Staking Pesobit that will act as a guarantee that they will not run away with investors money. If you're an interested Fund Manager who would like to run your investment program, kindly email me at [email protected].

    Thanks for those who sent their interests in joining the crowdfunding section of the Online Wallet so far and hope that you will be able to come up with your solid plan (returns, project roadmap, etc) so you can have your project listed.

    - BENJAMIN PACHECO (Founder PSB)
     
  9. pedrillo0
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    pedrillo0 Member Baru

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    3rd Party Investment area has been enabled in the Online Wallet at https://wallet.pesobit.net. This is the section where Fund Managers can offer their investment programs. To be sure that these are legit investments and not those scam ones, they're required to have at least 400K PSB Staking in the Online Wallet which will act as their locked funds so we're sure that they will stay true with their invesment program. Also they have to pay 0.01 BTC per week to me as fee for using the platform. Interested to become a Fund Manager, email me at [email protected].
    For the first Fund Manager to offer their services, it has 5% interest per month where the interest will be paid in Pesobit using Pesobit price at the end of your investment period. This will increase Buy orders in exchanges since the Fund Manager has to use the profit and buy Pesobits for distribution to the investors.
    There could be 1 day delay before your Investments become 'paid' since I have to submit your data to the Fund Manager first then wait for his response.
    Enjoy your weekend :)

    - BENJAMIN PACHECO (Founder PSB)
     
  10. pedrillo0
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    pedrillo0 Member Baru

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    Coinomi will support the new blockchain on their upcoming update (no exact date).
    In preparation with the E-Wallet platform, we will be developing a mobile app of the Online Wallet.

    What is the difference between the Online Wallet app and Coinomi?
    Coinomi is a multicoin mobile wallet which allows you to store your Pesobits together with your other cryptocurrencies. Your coins in coinomi can only be managed by you.
    Online Wallet mobile app allows you to manage your Pesobits in your Online Wallet from your mobile phones including all the features like Staking, Crowdfund and other future developments.

    The mobile app will initially be supporting an Android version but will look into the IOS version afterwards.

    - BENJAMIN PACHECO (Founder PSB)
     
  11. pedrillo0
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    pedrillo0 Member Baru

    Bitcoin Address:
    Pesobit Weekly Report (4th week of February 2017)

    This week put some trading volume for Pesobit in C-Cex which is a good sign.
    I also received some commitments in joining the investors program of E-Wallet.ph.
    Freelance website is under development.
    Pesobit Online Wallet mobile app is due for release mid-March.
    Coinomi will be including the new blockchain of Pesobit in their next release.
    Received some interested who will be joining the Crowdfunding section of the Online Wallet.
    3rd Party Investment section got its first Fund Manager (a few also sent their interest in becoming one) with Staking Pesobits as guaranteed collateral to the investors.
    It looks like I will also present an Escrow program but not much details are in place.

    Enjoy the weekend guys :)

    - BENJAMIN PACHECO (Founder PSB)
     
  12. pedrillo0
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    pedrillo0 Member Baru

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    Looks like Coinomi is already testing their Desktop version of their multi-wallet :)
    Just like other cryptocurrencies, let's try to have Paper wallets as well.
    Another 3rd party fund manager is coming and he calls it "Stake booster packs". Let's see what the details are once finalized as I also want the fund managers to help Pesobit as well by adding trading volume so their program should always include them buying Pesobit off exchanges.

    To some who are asking if we can be added to shapeshift.io exchange, we'll see once the trading volume is constantly high again.

    For interested Freelancers over at the Pesobit freelance site, can you email me at [email protected]. The freelance site will be completed around the 3rd week of March.

    Happy Monday everyone.

    - BENJAMIN PACHECO (Founder PSB)
     
  13. pedrillo0
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    pedrillo0 Member Baru

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    To those who are seeing posts involving Pesobit in their investment programs, those are not official unless I announce it in my official Facebook account https://facebook.com/pesobitcrypto or from BitcoinTalk official thread at https://bitcointalk.org/index.php?topic=1581240. But Pesobit is publicly owned so it's up to you guys how you will use your Pesobits, just be careful. The ones that I can openly endorse is the one (still dealing with a second fund manager) in the Online Wallet because it has a collateral of locked Pesobits making it safe.

    To those who desire to be a fund manager but can't afford the large volume of Staking Pesobits that serve as collateral, it's ok because I might implement a Rating system with 5 stars. So if you're collateral is less then you'll get lesser stars but still good enough to provide your investors a feeling that you won't end up as scam.

    The draft of the freelancing website will be shown to you via screenshot once the structure is fully available.

    Just a little update about the upcoming E-Wallet online services, you might be issued 2 Pesobit addresses (one that acts as regular Pesobit address and the other is a Peso wallet address). The Peso wallet address basically converts the transferred Pesobit directly to Philippine Peso (of course with a minimal fee). Thanks to those who committed to be an investor of the E-Wallet platform, we're getting closer :)

    - BENJAMIN PACHECO (Founder PSB)
     
  14. pedrillo0
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    Coinomi is now supporting the new blockchain of Pesobit :)

    And they're releasing a Desktop version of their multi-wallet as well :)

    - BENJAMIN PACHECO (Founder PSB)
     
  15. pedrillo0
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    Bitcoin Address:
    Pesobit Weekly Update (March 9, 2017)
    These past several days, I've been dealing with VMoney regarding features, fees and personalization of E-Wallet as well as acquiring all the necessary business papers which was completed just recently.
    I'll be sending screenshots once the page is already in testing phase. I was not given a definite date yet of completion but should be in 1 to 2 weeks time. And developmental fees has been paid already so all we can do for now is to wait for the platform to be completed, have it tested then release it.
    To the ewallet shareholders that I've been talking to, thank you for your trust for you guys helped in establishing E-Wallet Services.

    Now that my side of E-Wallet development is finished except of course in talking to shareholders, I can now go back to continuing to work with the marketplace as well as the freelance site.


    - BENJAMIN PACHECO (Founder PSB)
     
  16. pedrillo0
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    Just an update to start of the week

    Still dealing with VMoney regarding procedures, features etc of e-wallet and we're still good with the March release. For now, what we're focusing on is the converting of Pesobit -> Philippine Peso then to be withdrawable to almost all major banks together with bills payment.
    How it works though is that you need to process the conversion from your Online Wallet (https://wallet.pesobit.net). It will be a feature to be added in your online wallet where you will have to attach your e-wallet account to your Online Wallet account. Once sent to your e-wallet account then you will have the options of sending to another user, withdraw to banks or pay your bills. As for the visa/mastercard, it will also be enabled but still have to check on the final cost of the card that works as an ATM which will be helpful for remittance solution.

    As for IDs to be uploaded, we've yet to finalize regarding foreign IDs which might be needed by overseas workers but I guess some of them can produce their Philippine IDs for the meantime or they can have their families here in the country to create an e-wallet account.

    For those who are asking if it's possible for them to buy Pesobits using their Philippine Peso from the e-wallet, yes we'll make that possible in a later time.

    By the way, the SSL certificate got expired hours ago. It was suppose to be auto-renew but I it didnt kick in so I renewed it manually and should be working as normal.

    - BENJAMIN PACHECO (Founder PSB)
     
  17. pedrillo0
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    See below screenshots for our e-wallet test page.




    [​IMG]
    [​IMG]
    [​IMG]
    [​IMG]


    Still working on the features.
    Basically there will be a setting in the current Online Wallet where you can attach you e-wallet account allowing you to be able to convert Pesobits to your E-Wallet page for you to withdraw to banks or send to one another as Philippine Peso. Converting it back though to Pesobit will be a future development.



    - BENJAMIN PACHECO (Founder PSB)
     
  18. pedrillo0
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  19. pedrillo0
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    Pesobit Update
    The system is already complete with all the features working as well, just a few more things that needs to get sorted but here are a few of the final details we agreed upon.
    1) There will be a referral system.
    2) Outside Philippine IDs won't work for now except Canada.
    3) There will be limits as well on how much you can withdraw but it can be increased by submitting a form that will be provided to you.
    4) Could be released by the end of this month as I'm also dealing with some investors.
    5) Canadian users will have the same features, can upload their ID for verification, can cash-in and cash-outs thru Interac.
    More details will be released soon as we iron them out.

    As for the exchange, DON'T trade in Yobit yet until further notice. Only NovaExchange and C-Cex coordinated with me regarding upgrade on the blockchain used. Although several support tickets have been sent to Yobit's way, I haven't received any update yet.


    - BENJAMIN PACHECO (Founder PSB)
     
  20. pedrillo0
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    pedrillo0 Member Baru

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    Before this month ends, I just want to give you all an update on E-Wallet.

    First, I'd like to say that Pesobit is now in the Hot Pair over at C-Cex with 11.35 BTC trading volume as of this writing.
    E-Wallet shares is already at 70% taken.
    These are the confirmed details of E-Wallet as of today:
    1) The platform works for Philippines and Canada meaning Canadian users can also withdraw/add funds directly via their banking network (Interac)
    2) Submission of IDs (Gov't issued) are required for Canadian users as well for their verification before they can withdraw to their banking network.
    3) Sending funds across users costs around 1% (is already cheap as a remittance solution but I'm trying to negotiate for a way to lessen this further) - and this includes Pesobit -> Peso conversion
    4) There will be a P100,000 monthly limit for transactions - for now. Those who require a higher limit will send a request using a form that will be provided to you.
    5) There will be referral rewards for verified users though minimal.
    6) Other country solutions may arrive in the future but no specifics yet.

    Because it works as local wallet for both Canada and the Philippines, the platform can be used as a remittance tool to and from both countries with minimal charges.

    So what else is needed for it to be launched?
    First, It is better taxation-wise for it to launch on the 2nd quarter of the year rather than at the end of the 1st quarter hence an April release.
    Second, it's all about trying to bring down the fees charged by the service providers.

    This system may not be final though, cheaper and more efficient alternatives will be explored after we stabilize this one.


    - BENJAMIN PACHECO (Founder PSB)
     
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