Pipo - The first stock market for people

@chakabu @dannyaziz97 Hi Danny, our FAQ https://pipo.io/faq has a lot of the answers - but simply, Pip prices will be dynamic just like regular share prices. They can go up as well as down. Pipsters will be incentivised to make them go up by giving good givebacks, and keeping in regular touch with their investors through the chat. Please do read the FAQ and if any questions please come back to us!

@chakabu @rrhoover Hi Ryan, thank you very much for your question. Here'a a few points in reply. 1. We'll monitor closely the people who come onto the platform to become Pipsters - firstly for security (are they who they say they are?), secondly fit for Pipo (do we think they have what it takes to succeed on the platform?) and thirdly does each new profile have the necessary detail (visuals, links, detail on givebacks etc) to be engaging and attract investors? 2. Like with most crowdfunding, we’re expecting that the first investors on Pipo will be family, friends, and a person’s social network. These will be people that know the person well, and so are aware of many details of the Pipster’s life and career. This acts as a strong incentive for the Pipster to be open and transparent, and to maintain a good reputation on Pipo by doing what they promise to do. 3.Lastly, there is the Pipster reputation - today, we all have our own online brand/presence and we don't want to damage it. The practice of people marketing themselves and their careers online has now become a significant part of life for most people. When everything is connected and transparent, it's hard to hide information. 4. In the future we will be looking at adding an additional feature where funds will be distributed to Pipsters in tranches based on hitting certain milestones, just like in venture capital investing. Hopefully that answers your question?

@jun_gong We'll do that!!

@chakabu Awesome! Let me know if you have any questions!

@chakabu Thanks for submitting and good to have you there!

@lehrjulian Hey Julian thank you for your comment! Yes I was really excited to see the Lambda funding round go live and I think there are some parallels - like with Lambda this is about a different way of funding some of the expensive stages of life (like education) in return for a share in your future success.

@coconidodev Hi Nicolo, Each Pipster defines his or her terms, and the milestones for returning givebacks as part of their campaigns. But no, we’re not expecting this to be for life. Pipsters will be incentivised to do what they say they will do in the campaign phase in a number of ways: Firstly, Pipsters will be financially incentivised to keep investors updated and to deliver on their promised givebacks - when each Pip hits a new highest price, the Pipster gets 1% of the transaction value from that investor’s pips-purchase. This incentivises the Pipster to maintain a strong, active and reliable profile on Pipo and to regularly update the chat. Secondly, there is the Pipster reputation - today, we all have our own online brand/presence and we don't want to damage it. The practice of people marketing themselves and their careers online has now become a significant part of life for most people. When everything is connected and transparent, it's hard to hide information. Thirdly, like with most crowdfunding, we’re expecting that the first investors on Pipo will be family, friends, and a person’s social network. These will be people that know the person well and have a relationship outside of the digital world. This will act as a strong incentive for the Pipster to be open and transparent, and to maintain a good reputation on Pipo by doing what they promise to do. Lastly, in future we will be looking at adding an additional feature where funds will be distributed to Pipsters in tranches based on hitting certain milestones, just like in venture capital investing.

@yonatan_biri Thank you so much Yonatan! 🥰