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Topic: Announcing ProzCoin : Proof of Action (PoA) - page 41. (Read 78486 times)

full member
Activity: 126
Merit: 100
September 01, 2014, 03:33:25 AM
Sorry but 100M coins is that not a little too much? that is 300BTC!!?? I'm certainly interested in PROZ but the total number of coins is a issue for me.

and the 100% Premine...  They tend to ignore whenever someone brings that up..
legendary
Activity: 1120
Merit: 1000
September 01, 2014, 02:57:54 AM
Also, is PROZ supporting the coin price like SNET did? As that seems to be a pretty good success. Not just sell your coins on the exchange, but give the necessary support. Create the necessary volume to be added on bigger exchange etc.
legendary
Activity: 1120
Merit: 1000
September 01, 2014, 02:50:40 AM
Sorry but 100M coins is that not a little too much? that is 300BTC!!?? I'm certainly interested in PROZ but the total number of coins is a issue for me.
legendary
Activity: 1764
Merit: 1000
September 01, 2014, 01:49:24 AM
Prozcoin ICO on www.C-CEX.COM is already on going! Congrats to the DEVs.
With only 2.5M coins left.
sr. member
Activity: 364
Merit: 250
Testing wallets on C-Cex.  ICO will be announced when live, and will be set at 300 Satoshi.

Chris

Hey there I bought 1000 coins at the 250 satoshi price earlier in the week at cryptoshoppers. Will my account on C-Cex be credited with the coins when it is up and running and how will the process go to receive them?

You can send your transaction information to [email protected], and then I can get your Prozcoin address on C-Cex.


Chris
newbie
Activity: 32
Merit: 0
 Huh
newbie
Activity: 1
Merit: 0
Testing wallets on C-Cex.  ICO will be announced when live, and will be set at 300 Satoshi.

Chris

Hey there I bought 1000 coins at the 250 satoshi price earlier in the week at cryptoshoppers. Will my account on C-Cex be credited with the coins when it is up and running and how will the process go to receive them?
sr. member
Activity: 364
Merit: 250
Testing wallets on C-Cex.  ICO will be announced when live, and will be set at 300 Satoshi.

Chris
full member
Activity: 644
Merit: 111
Since you have raised money without proper credentials in violation of United States Law
if take this money and place it anywhere else to change it legally
It is called money laundering an additional charge indeed Shocked
keep up the great job Larry
thats why polinex dumped you , they follow laws , it dont matter you made some company in finland its sold here in the usa 
and you have the money here in usa  from your ponzi scheme
the department is all over this kinda crime
just because all u criminals say its ok doesnt make it ok
no worrys mate im gonna fix it for you
you will be fine
soon as the come for you
what you gonna do Bad boy
what you gonna do when they come for you

 Grin

You are just being ridiculous and you know it.  Now go back to playing video games you little child.
you think this is ridiculous child
looks like more development costs

Civil and Criminal Penalties for Operating an Unregistered Money Transmitting Business

Any person who fails to comply with any requirement of 31 U.S.C. 5330 or this section [31 CFR 103.41] shall be liable for a civil penalty of $5000 for each violation.BSA registration requirements, in an amount up to $5,000 for each day a registration violation continues.
[31 U.S.C. § 5330(e) and 31 C.F.R. § 103.41(e)]

Whoever knowingly conducts, controls, manages, supervises, directs, or owns all or part of an unlicensed money transmitting business, shall be fined in accordance with this title or imprisoned not more than 5 years, or both.
[18 U.S.C § 1960(a)]

A money transmitting business which affects interstate or foreign commerce in any manner or degree and fails to comply with the money transmitting business registration requirements under section 5330 of title 31, United States Code, or regulations prescribed under such section, shall be fined in accordance with this title or imprisoned not more than 5 years, or both.
[18 U.S.C § 1960(b)(1)(B)]
legendary
Activity: 896
Merit: 1001
Since you have raised money without proper credentials in violation of United States Law
if take this money and place it anywhere else to change it legally
It is called money laundering an additional charge indeed Shocked
keep up the great job Larry
thats why polinex dumped you , they follow laws , it dont matter you made some company in finland its sold here in the usa 
and you have the money here in usa  from your ponzi scheme
the department is all over this kinda crime
just because all u criminals say its ok doesnt make it ok
no worrys mate im gonna fix it for you
you will be fine
soon as the come for you
what you gonna do Bad boy
what you gonna do when they come for you

 Grin

You are just being ridiculous and you know it.  Now go back to playing video games you little child.

full member
Activity: 644
Merit: 111
Since you have raised money without proper credentials in violation of United States Law
if take this money and place it anywhere else to change it legally
It is called money laundering an additional charge indeed Shocked
keep up the great job Larry
thats why polinex dumped you , they follow laws , it dont matter you made some company in finland its sold here in the usa 
and you have the money here in usa  from your ponzi scheme
the department is all over this kinda crime
just because all u criminals say its ok doesnt make it ok
no worrys mate im gonna fix it for you
you will be fine
soon as the come for you
what you gonna do Bad boy
what you gonna do when they come for you

 Grin
sr. member
Activity: 364
Merit: 250
Hi,dev
When the coin launch?
and where to buy this coin?

Before Prozcoin can be bought at cryptoshoppers.com but it is now closed.
Just wait for the coin launch on C-CEX.com on the 1st week of September.

This is correct!  The developers at C-Cex have been working extremely hard with the lead Mastercoin dev to get things up and running.  Everything is going smoothly.


Chris
full member
Activity: 644
Merit: 111
you know what
im reporting you to their asses
you can consider this forum as evidence of security violation\i dont have to prove anything you guilty and you know it thats why you posted it after learning from the exchange trys
thats another reason the thrashed you your selling comodiy in usa and are unregistered
EDGAR would show your filing its online and open
but you dont have that do you
toast

This is hilarious. Ok, I have a joke.

Guy walks into a BitcoinTalk thread and says the dev is creating a unit of currency and should register with FINCEN...

Fuck guys, I'm dying over here. Get it?
no its not some guy in thread
its united state law
and if you play u pay
its real
and its the law
you cant make a coin up and just sell it without documentation and they dont have it so its done let them burn in hell cause they are guilty and will pay so
say all your fud to the rule of law will prevail
consider yourself avenged
and awaiting payment  for your illegal deeds
laugh on maggots
legendary
Activity: 1764
Merit: 1000
Hi,dev
When the coin launch?
and where to buy this coin?

Before Prozcoin can be bought at cryptoshoppers.com but it is now closed.
Just wait for the coin launch on C-CEX.com on the 1st week of September.
sr. member
Activity: 532
Merit: 250
Hi,dev
When the coin launch?
and where to buy this coin?
member
Activity: 67
Merit: 10
you know what
im reporting you to their asses
you can consider this forum as evidence of security violation\i dont have to prove anything you guilty and you know it thats why you posted it after learning from the exchange trys
thats another reason the thrashed you your selling comodiy in usa and are unregistered
EDGAR would show your filing its online and open
but you dont have that do you
toast

This is hilarious. Ok, I have a joke.

Guy walks into a BitcoinTalk thread and says the dev is creating a unit of currency and should register with FINCEN...

Fuck guys, I'm dying over here. Get it?
member
Activity: 201
Merit: 10
Can you buy them still or do we have to wait for an exchange?  Huh
member
Activity: 67
Merit: 10
business has rules its not fud
you dont have rules
your losers that give crypto a bad name


The important thing, I think, is to use apostophes when they're appropriate. Differentiating different, but similar sounding, words is essential when engaging others in the public square.

Cheerio!
sr. member
Activity: 364
Merit: 250
Check out this interview on the Prozcoin Team:

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

PROZCOIN: A COIN FOR THE MASSES
August 19, 2014

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.
full member
Activity: 644
Merit: 111
business has rules its not fud
you dont have rules
your losers that give crypto a bad name
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