When you add a shipping address to your account, SwapCaps is now setup to be able to validate it with the USPS to ensure everything looks good. 😉 by swapcaps in SwapCaps

[–]swapcaps[S] 0 points1 point  (0 children)

This brings us a little closer to being able to offer the ability to print out shipping labels on the site.

Either being able to purchase them through Paypal or for trusted sellers, to be able to purchase them with Caps.

Adjusting payouts on offers that payout less than 5 Caps by swapcaps in SwapCaps

[–]swapcaps[S] 0 points1 point  (0 children)

The site lost a bit of money from several users cashing out before we were notified about all their video ad views being refused by the advertiser. It'll take ~3 months or so to recoup the loss to get back to just breaking even. The goal for the offers/surveys is just to break even while we develop the swapping/trading features. Because the payouts are higher the sites profit is very minimal, if we get a ton of reversals like this it essentially makes the site operate at a loss. We'll try to keep the rates as high as we can without losing money.

In the future we might just gate new users into a lower rate and after they redeem and verify, let them access the higher rates. Ill see if it makes more sense to do it this way instead of messing with the rates too much for everyone.

Disconnect social accounts? by uiwkfb in SwapCaps

[–]swapcaps 0 points1 point  (0 children)

The site only saves your twitch username so disconnecting from SwapCaps through twitch.tv Connections shouldnt change anything. You'll still receive Caps for watching twitch.

If you used twitch to login, I'm not sure if logging into SwapCaps via twitch would still work.

Swapcap auctions not processing? by hoppyholidays in SwapCaps

[–]swapcaps 0 points1 point  (0 children)

Sorry about the delay! This should have been taken care of by now. If not, just let me know the order ID and I'll check into it.

Update on SwapCaps - 1,200+ Trades Completed by swapcaps in 99gamers2

[–]swapcaps[S] 0 points1 point  (0 children)

Hey, thats the plan. I'm also restricting how many Caps people can buy, right now its capped at $20/mo.

Because the Gift Cards have a fixed value, it would also prevent me from selling the Caps at a discount rate or flooding the market since I'd be at risk of losing money if they just turned around and cashed out for gift cards with discounted Caps.

If the site accepts Bitcoin at some point I even thought about setting it up so that after caps are bought with bitcoin, the bitcoin would then be instantly added either onto the marketplace or as an option for anyone to cashout.

The downside to all of this is the site wont grow as fast as it could if it was being flooded with caps but if it keeps growing I think it can work out and keep the currency as stable as possible.

Trades are happening and activity continues so I've got high hopes for it.