https://bitcointalksearch.org/topic/announcing-prozcoin-proof-of-action-poa-740383Hello. I am Altcoindetective bringing you the latest in exposing developers in Crypto.
I am a very intellectual person who share my wisdom with you,
The less fortunate investor whom gets caught up in obvious scams, bamboozels, flimflams and cons.
Who am I? Highly regarded person in this community whom for avoiding a reputation of "spreading fud" or "flaming or insulting" created this account just now.
Since I will expose and warn from ongoing schemes. Aswell as try to get some of the blondes from Twitter to show some tits. To not avail.... yet.
Starting with Proz.. I will pick it a part piece by piece in this detailed and thorough analysis. Mind you.. this is a shocker.
Okay let us start off by mentioning a few alarm clocks:
* developers first 30+ posts in the thread is bumping how many btc they collected
* developers hold an 80% premine
* there is no working wallet
* there is no working block explorer
* it is not possible to mine
* they raised 50 btc on c-cex
* the "coin" is literally only words. Articles. A few twitter accounts.
* no sourcecode
* no github
And the ICO sold 20 milion coins at 300 satoshi each.
http://coinmarketcap.com/currencies/prozcoin/ <- here you can see the developers have sold off 1,245,006 off their premine already.
Prozcoin claims to be the first ever launched cryptocurrency which has merchants ready at date."Merchant accepting Proz Coin From Day 1:
1. Coin Proz - advertising, promotional articles, sponsor page, paid troll box
2. Cryptoshoppers – Unique clothing, art, and accessories
3. Left Turn Only - video productions
4. Elblaus Design – Graphic Design, UI design
5. Altcoin Agent- PR, videos
6. Future Media Management and design – PR, Marketing, website building
7. Altcointoday - Promotional articles"
He conviniently hasn't htmld anyone of them so you have to manually search for them to appear.. lucky for us they are helping him pump the gullible into Proz through twitter.
One of them is this store
https://twitter.com/cryptoshoppers >
http://www.cryptoshoppers.com/ now the only thing you will find about ProzCoin here is their small stake in hosting a part of the Prozcoin ICO. But hey... they said merchants, no? Let's grab a tshirt and see where we land!
Enter check out, I'm wanting to see if I can really pay for this shitty t-shirt with Proz.
Turns out, this is what I can pay with:
http://gyazo.com/e312df80b1ff80977805feeebe83f4f5 Yep, not Proz.
Also, he is a member of the Proz team.
https://bitcointalksearch.org/user/coinproz-306939All the other sites that he lists are the people who are on the Prozteam. You have the graphic/UI designer.. the mysterious "Future Media Management and design - Pr Marketing website building" whatever that is. Altcointoday which accepts all currencies afaik.
And ofcourse my favorite, the "Left Turn only + Altcoin Agent" who have complished this with PR, videos and video productions:
http://zippy.gfycat.com/PitifulTightHornedviper.gifClick this GIF to see the official CoinProz video !
GIF proudly made by @altcoinagentClick on the GIF and look for yourself...... Yap they cannot even keep a clip on youtube.
Also an interview of the "developer" this is a kind word since nothing has been developed... conducted by
https://twitter.com/cryptotycoonshttp://www.cryptotycoons.com/2014/08/prozcoin-a-coin-for-the-masses/A little quote here: "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!"
What this is: You mine any other working coin because you can't mine theirs nonexistant, and they will sell (my bet) or give you useless Proz for it.
Also a few very clear acts of Proof of Bullshit:
https://bitcointalksearch.org/topic/m.8785414 <- the supposed wallet "supposed to come out" (it's not been a week since ipo ended)
yep, looks good huh?
https://bitcointalksearch.org/topic/m.8691001 <- the what?
https://bitcointalksearch.org/topic/m.8777905 <- what?
I haven't even dug through the linkedins yet, because I am fairly certain they aren't whom they say they are anyway.
My conclusion in a tldr is that they are very dishonest. They keep claiming to be hard at work but have nothing of substance except for some very copy pasted articles with 1/10 of their words in them and the rest quotes. In other words they are stalling. Because not only do they have bitcoins from the ICO but also a huge premine to unload; this will be tried to be done through "Proof of Action" which is purely designed to make you mine other coins and then sell them to Proz.
It is very laughable that C-Cex released the funds to them since they had no working product at all.
I might aswell go there and talk up air and sell it to people in an ICO if I spam enough words cut from schoolbooks.
I do feel sorry for those who bought this crap. And I pity the lowlife developers, and all my disrespect for C-Cex.
Careful about trading on an exchange that needs the cash that badly.
s-c-a-m.
/Altcoindetective
P.S feel free to send me tips... I will inspect.
Fschhhh
