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Topic: Announcing ProzCoin : Proof of Action (PoA) - page 39. (Read 78486 times)

legendary
Activity: 1092
Merit: 1001
September 01, 2014, 12:07:36 PM
Proof of Action White Paper is in the top 1% of all papers read on Academia.edu last month!

https://www.academia.edu/7925177/PROOF_OF_ACTION

https://iub.academia.edu/ChrisBates/Analytics

Since I have strong ties to Indiana University, reaching out to other accredited institutions to establish internship programs will be one of the things we do early on to solidify our foundation.  If we can garner the proper support from academia, we will have not only one of the strongest "coins", but one of the strongest start up businesses out there.


Chris
but bro what about spending the money from the investers
how will you document the spending to the people's money from ico
specifally these development expendatures
which is real reason your doing ico to raise capital for?
show me the money   is that easy for you to understand
your taking peoples money for your coin whatever and they want to know what your plan of spending is if you have one if not say something to address this moneys you took from us for your coin
i didnt think this was a hard question or is fud it does deserve an answer
hey larry why cant you answer the real question , cause all the money is yours and you dont care to answer?
sr. member
Activity: 364
Merit: 250
September 01, 2014, 11:54:11 AM
Prozcoin ICO going strong!  Passed 12 BTC!


https://c-cex.com/?p=proz-btc

 Grin

Chris
full member
Activity: 644
Merit: 111
September 01, 2014, 11:22:31 AM
Proof of Action White Paper is in the top 1% of all papers read on Academia.edu last month!

https://www.academia.edu/7925177/PROOF_OF_ACTION

https://iub.academia.edu/ChrisBates/Analytics

Since I have strong ties to Indiana University, reaching out to other accredited institutions to establish internship programs will be one of the things we do early on to solidify our foundation.  If we can garner the proper support from academia, we will have not only one of the strongest "coins", but one of the strongest start up businesses out there.


Chris
but bro what about spending the money from the investers
how will you document the spending to the people's money from ico
specifally these development expendatures
which is real reason your doing ico to raise capital for?
show me the money   is that easy for you to understand
your taking peoples money for your coin whatever and they want to know what your plan of spending is if you have one if not say something to address this moneys you took from us for your coin
i didnt think this was a hard question or is fud it does deserve an answer
full member
Activity: 644
Merit: 111
September 01, 2014, 10:45:53 AM
Proof of Action White Paper is in the top 1% of all papers read on Academia.edu last month!

https://www.academia.edu/7925177/PROOF_OF_ACTION

https://iub.academia.edu/ChrisBates/Analytics

Since I have strong ties to Indiana University, reaching out to other accredited institutions to establish internship programs will be one of the things we do early on to solidify our foundation.  If we can garner the proper support from academia, we will have not only one of the strongest "coins", but one of the strongest start up businesses out there.


Chris
but bro what about spending the money from the investers
how will you document the spending to the people's money from ico
specifally these development expendatures
which is real reason your doing ico to raise capital for?
show me the money   is that easy for you to understand
your taking peoples money for your coin whatever and they want to know what your plan of spending is if you have one if not say something to address this moneys you took from us for your coin
sr. member
Activity: 308
Merit: 250
September 01, 2014, 10:37:03 AM
Is c-cex protected against scam? Will they repurchase the coins? They only lock the ICO money for 3 days!!! I find that too short, it should be 3 months or so.
yes its too short,only 3 days Angry!
sr. member
Activity: 364
Merit: 250
September 01, 2014, 10:33:07 AM
Proof of Action White Paper is in the top 1% of all papers read on Academia.edu last month!

https://www.academia.edu/7925177/PROOF_OF_ACTION

https://iub.academia.edu/ChrisBates/Analytics

Since I have strong ties to Indiana University, reaching out to other accredited institutions to establish internship programs will be one of the things we do early on to solidify our foundation.  If we can garner the proper support from academia, we will have not only one of the strongest "coins", but one of the strongest start up businesses out there.


Chris
sr. member
Activity: 364
Merit: 250
September 01, 2014, 10:22:35 AM
https://c-cex.com/?p=proz-btc

Check out Prozcoin ICO before it is over!


Chris
member
Activity: 69
Merit: 10
September 01, 2014, 10:22:30 AM
About to pass 12 BTC worth of sales!

https://c-cex.com/?p=proz-btc



Chris
since your real name is larry i will address you as

so larry how will you document all your development budget from your ico  to the community
what have you already spent from your illegal sale on your website to get on cex
and what is your list of needs and prices all those who have invested will pay for 100% of ?
it looks like you will run out of coin soon isnt it a little bitfast , what can you do besides spend invester  money
to make this go up  in value and give  invester some reward for risking your first time  operation that isnt yet
you have nuthing operationable not even a freaking wallet?

he cant even answer me on why he need 20% for "reserve" and it dont make sense he need it either
blatant scam, sorry for all who fell for it
contact c-cex this is outrageous
look wallet dont work, he probably spam mail the service he used to create this coin.
real travesty how people throw their moneys.  Grin

Shhhh. Just leave.

There you go. Good boy.
full member
Activity: 644
Merit: 111
September 01, 2014, 10:13:30 AM
About to pass 12 BTC worth of sales!

https://c-cex.com/?p=proz-btc



Chris
since your real name is larry i will address you as

so larry how will you document all your development budget from your ico  to the community
what have you already spent from your illegal sale on your website to get on cex
and what is your list of needs and prices all those who have invested will pay for 100% of ?
it looks like you will run out of coin soon isnt it a little bitfast , what can you do besides spend invester  money
to make this go up  in value and give  invester some reward for risking your first time  operation that isnt yet
you have nuthing operationable not even a freaking wallet?
sr. member
Activity: 364
Merit: 250
September 01, 2014, 10:10:41 AM
https://c-cex.com/?p=proz-btc

Just about to pass 12 BTC !


Chris
sr. member
Activity: 364
Merit: 250
September 01, 2014, 10:03:49 AM
About to pass 12 BTC worth of sales!

https://c-cex.com/?p=proz-btc



Chris
full member
Activity: 644
Merit: 111
September 01, 2014, 09:52:59 AM

A real concerned member of the community would make their case, say they are out and not post again. I take those posts very seriously. Yours are white noise.

I feel the same way sir!  Our team not only welcomes constructive criticism, we request it! 


Chris



Yeah and I gave you constructive criticism too and you've yet to adress any of them since you are nothing but a con artist


I hope you realize that the more you post the more people will invest.

A real concerned member of the community would make their case, say they are out and not post again. I take those posts very seriously. Yours are white noise.
[/quote]

I would recommend them to if "dev" would answer my questions - but he don't, since he's obv scamming.

you should take mine seriously, i have no agenda except for getting my answers. since I was thinking of investing, now i wont because this reeks scam.

its still ipo and what u cant wrap ur head around is that u cant say anything about my criticism because i havent "missed the boat" since its still in ipo.

the dev is avoiding all sorts of reasonable answers but citing stuff like "supply and demand 101" "economic basics" like wtf.

if u seen my questions and it hasn't been answered yet, why cant u answer it if it is so simple


"20 % Discretionary spending to have reserves for exchanges/merchants" example of scenarios when these funds are used and what it means, TY.
 


[/quote]
This human will use all proceeds from his operation to fund his not made yet stuff
sr. member
Activity: 364
Merit: 250
September 01, 2014, 09:49:50 AM

A real concerned member of the community would make their case, say they are out and not post again. I take those posts very seriously. Yours are white noise.

I feel the same way sir!  Our team not only welcomes constructive criticism, we request it!  


Chris

For the record. I did invest 2.5 BTC this morning. I like what I see. Lets make this happen!

With a community full of intelligent and technologically savvy individuals, we are definitely going to make many great things happen!

https://c-cex.com/?p=proz-btc

For the record, I have taught teenagers before.  If you can handle teenagers, you can handle pretty much anything Smiley

http://bl-ids-website.ads.iu.edu/news/story.aspx?id=61305


Chris
sr. member
Activity: 418
Merit: 250
September 01, 2014, 09:24:07 AM

A real concerned member of the community would make their case, say they are out and not post again. I take those posts very seriously. Yours are white noise.

I feel the same way sir!  Our team not only welcomes constructive criticism, we request it! 


Chris

For the record. I did invest 2.5 BTC this morning. I like what I see. Lets make this happen!
sr. member
Activity: 364
Merit: 250
September 01, 2014, 09:16:37 AM

A real concerned member of the community would make their case, say they are out and not post again. I take those posts very seriously. Yours are white noise.

I feel the same way sir!  Our team not only welcomes constructive criticism, we request it!  

"Instead of scurrying into a corner and wailing about what media are doing to us, one should charge straight ahead and kick them in the electrodes."


Chris
sr. member
Activity: 418
Merit: 250
September 01, 2014, 09:13:37 AM
Developer keeps linking me "Economics 101" shit in Private messages and mocking my questions.

When all I wonder is how the reserve is to be applied to cryptocurrencies. Surely, a few scenarios of which it would be used is easy to supply? Nah, he's not giving any.

All he's done so far is google a couple of economic words to apply to a huge premine, all which makes no sense. This developer doesn't know what he's doing. Holy shit you are dumb if you fall for this  Grin


100% scam.

STill no answer, he just post some shitty interview instead.


IF U INVESTED GRATZ ON LOSING MONEY FKTARDS.



HAHA GZ to 4 BTC invest some1 did, lmao

I hope you realize that the more you post the more people will invest.

A real concerned member of the community would make their case, say they are out and not post again. I take those posts very seriously. Yours are white noise.
full member
Activity: 644
Merit: 111
September 01, 2014, 08:39:22 AM
dev insight

cex :were ready for ico but we cant get wallet working

coinproz:thats ok were keeping all the money anyway they wont be needing to withdrawal their money to their pocket ,now its ours

to be continued after another dev fud  spewwing
Kiss
sr. member
Activity: 364
Merit: 250
September 01, 2014, 08:28:44 AM
So I had to deposit BTC to this omniwallet in order to withdraw PROZ to C-Cex ( Roll Eyes ).

Now theres no coins showing incoming at C-Cex.  Great coin.

Just give it a few minutes.  Since the coin is built on top of the Bitcoin blockchain, the security comes from bitcoin, and the transactions are tied to the bitcoin transaction.  The same will be true for any coin that is built on top of the BTC blockchain.

Also, C-Cex probably froze the Proz wallets until the ICO is complete.  They are handling the transactions so there is no question of when the ICO ends.


Chris
hero member
Activity: 729
Merit: 500
September 01, 2014, 08:26:34 AM
So I had to deposit BTC to this omniwallet in order to withdraw PROZ to C-Cex ( Roll Eyes ).

Now theres no coins showing incoming at C-Cex.  Great coin.
sr. member
Activity: 364
Merit: 250
September 01, 2014, 08:25:18 AM
ICO is live:

https://c-cex.com/?p=proz-btc

Interview in Cryptotycoons:

http://www.cryptotycoons.com/2014/08/prozcoin-a-coin-for-the-masses/?utm_content=buffer2781f&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

INTRODUCING PROZCOIN

Does a strong social network presence, a relatively large ecosystem at launch, and an open Dev team spell success? We here at CryptoTycoons thank so!

ProzCoin is an all new altcoin based on the MasterCoin algorithm with some PoS thrown in. Once complete, it’ll use an innovative new mining protocol called Proof of Action (POA) that pays out based on hours spent mining other coins at ProzCoin rather than  using the more traditional hashrate payment schemes! On top of the innovation, the developers have added legitimacy to this brand new coin  by revealing their real identities by posting and confirming their linked in accounts! Each developer brings a skill or service to the coin, making this one of the most well rounded coin launches we’ve seen in weeks!

So read on to check out our exclusive developer Interview!





Earlier today we had the opportunity to speak with the developers of ProzCoin! We hope that this article helps clarify any questions you may have. We here at CryptoTycoons were intrigued with the PoA system that ProzCoin brings to the table, as well as how open the developers are being. Publicizing their identied adds a sense of .

 

kudos to going public with your identities! It adds a lot of value to your coin! Do you have any concerns with going public with your identity? Are there any risks involved In your opinion why don’t more coin developers do it?

We wanted to embrace transparency as part of our main tenet of the Coin Proz organization, so releasing our identities was never an issue.  No more risk involved than having a public record as far as I am concerned.  I believe a lot of developers are afraid of the public backlash at the prospect of failure, and would rather not have any failures associated with their name.  I understand on one hand, but feel it’s a hindrance to actual development if you can’t trust the developer to be who they claim to be.


What inspired you to create ProzCoin?

The Coin Proz team is focused on making cryptocurrency accessible to the masses.  Our network is built around focusing multiple crypto communities in the same direction, and ProzCoin is the main currency that will be used within the economic infrastructure.  We have established a network of merchants, websites, and services that accept our coin from day one, and plan to create payment software and hardware to bring cryptocurrency to businesses and citizens, and in the process our community will give them access to all the different communities in crypto through our portal.

Are you, or your team affiliated with any of the merchants that agreed to pick up your coin immediately?
All of the initial merchants are official affiliates of the Coin Proz network.  Myself(Chris Bates) and Tim Frost are co-founders of Cryptoshoppers, and I also have been handling some PR and Social media for Left Turn Only Tv.  Erko Elblaus who is the lead UI/graphic designer for Coin Proz is the owner of Elblaus Designs.

Some people are worried about how many coins the developers will have on hand at any given time. How will you put to side these concerns?

We have already planned on putting any unallocated coins into a publicly visible escrow account, and plan on having complete transparency for every coin

How does the POA system work to increase the value of ProzCoin?

The idea of PoA is that By creating a reward system that takes a set of given “actions”(PoA), whether posting on a forum, writing an article about your favorite coin, or even mining, and quantifies the action relative to some metric of user feedback to “prove” that the action had merit and quality.  So users won’t simply get rewarded for posting on the forum, but only if you make posts that get upvoted will you get a reward.  By having this reward system that encourages the involvement of EVERY coin community, the limited number of coins should theoretically increase in value as the ProzCoin infrastructure grows larger, and the limited supply is further distributed.

Which coins will have a ProzCoin POA pool at launch time?

The PoA/PoW mining pool is still in development for CoinProz.com.  Upon completion the system will allow any coin that has the capacity to have PoW mining give a dual PoA/PoW score in our pool.  The merged mining pool is one of the projects that we hope to complete within the next few months with the capital from the ICO.

Do you, or any of your team have experience with developing for any other coins? Care to share which ones?

Shannon Code is a developer evangelist for the Mastercoin Team.  I did PR for Marinecoin, and commissioned Left Turn Only Tv for one of their Promo videos: https://www.youtube.com/watch?v=tbItDaNNAZU

What can the community do to help this coin succeed?

There is a limited supply being sold through Cryptoshoppers, and then the rest of the coins allocated for raising capital will be sold on exchanges.  When PoA is implemented in the first round, the community will then be able to help by participating in any way they feel and get rewarded in ProzCoin!


Is there anything else you would like to say?

The Coin Proz team wants to be at the forefront of innovation and community involvement.  Our long term goal is to establish a positive environment for the entire crypto community.  No coin is excluded.  We also want to develop software and hardware that will make cryptos more safe, accessible, and bring greater worldwide adoption.
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