Topic: [PROC]-ProCurrency-| Pro Rewards |~ V1.3.6 BR - Minimum Version - page 77. (Read 140063 times)

woow great media press , this ico will success i hope can raise more than 200 BTC

Good media coverage for this project, what I would like to know is the minimum funding that would make this project go public. In my opinion anything less than 100BTC is low for this project to succeed

If you are talking about retailers within the Rebate App, then YES, people that buy products from those retailers will receive coins back.
Thank you for your support.

Best regards,
Patriarch.

Can you provide a list or an answer to the big-name merchants you used earlier in this thread?  Other than iPRO Network, are there any other 'early adopters' of this coin? 

How about that straight-up YES or NO ....

Thanks for your reply, I'll keep watching this project with much enthusiasm...it has amazing potential

Yes, there most certainly is a professional connection. iPRO Network is one of the early adopters and will be leveraging this project. They are a marketing and ecommerce platform that will use PRO currency. They will promote online products and bring awareness to. As someone who is interested in participating in the ICO you will appreciate the time and care that has been placed in this project and the strategic alliances that have been created to further expand the development of the currency and applications, the acceptance and use of the currency and to create liquidity for it. Strategic relationships with organizations with a wide reach are a way to accelerate this process and reach our goals.

They are using a similar design to stay congruent in the look and feel, since they are creating greater awareness about our coin.

We started with great ideas and now what you see laid out in the whitepaper is a project that has been worked on for quite some time. It will come to fruition. If you feel any reservations about participating in this ICO by all means take your time and participate only when you feel comfortable to do so. The project will move forward regardless of the ICO.

Best regards,
Patriarch.

Patriarch aka Carlos Contreras,

do you have any professional relationship with Armando Contreras who is the CEO of iPRO Network?  There seems to be some connection between your Project and his network, but it hasn't been addressed or confirmed on here yet?  As a potential investor...we would like some clarity if you are able to explain any connection to the iPRO Network


Armando Contreras' iPRO Network
http://rpedoacnng.html.ipronetwork.com/

Carlos Contreras' PRO Commerce
https://www.procommerce.io/


These 2 sites seem eerily similar...perhaps designed by the same people?  Again, we're just looking for clarity on this matter.

Is iPRO Network one of the merchants or what?  Will you ever respond to the 4 or 5 different people who have asked (multiple times) about the list of reputable merchants?  Surely by now you can give us a straight up YES or NO to some of the names that you've mentioned...withholding investment until you address these 'simple' concerns please.  I hope this project is legit and successful, the whitepaper has some great ideas....

You are incorrect. Market value will only reach that if there are more users than all altcoins put together (No users=No coins in circulation hence market cap is determined by such)
We have stated before that WE will not hold those coins. It's designed to give out coins based on users coming into this platform.
Again, we understand that you do not see it the same way we do.
It's ok, I can only do my part of developing and bringing in connections and more merchants.

Kind regards,
Patriarch.

As an investor I can say that your words scare me... Please rethink coin distribution. 10 years to be worth 450 million... ur joking right.. Is this why ICOcountdown took you off the site?

I've tried to explain you the difference between marketcap and total value some time ago. And they've measured the value of this central-bank-PoS-inflation-System at about $450 million.

Now you have the choice to trust that they won't sell the 99.9% on the market. But why does it exist? To sell it once new users come in? And if that happens, how could this have any potential to rise in price if they begin to sell once there would be more demand - it already is at a ridiculous high price! And who would benefit in such a scenario? Investors or Patriarch?

The price can't rise until this project would legitimately value at $450 million! That can't ever happen because of it's design! And it won't happen because I give you my word: There won't be real development. Maybe they'll release some kind of Code and an App they've copied out of other Githubs - but they have in no way the expertise to lead a project.

Plus: Do you really believe that this has any chance to get on a legit exchange? And if that would happen (and it won't happen), do you really believe there will be enough stupid enough to buy into this?


The question if this is a legit project or not is no secret to solve. The answer is obvious. But what I would really like to know is if you really believe in this as an Investor or if you are part of this. Because if you are really just a user who truly believes in this and gave his real money - you should open your eyes and start to think.

RESPECTONOMY......

Interesting reply! You don't answer directly on my post, but indirectly - and you say:

"Please refer to the white paper as some questions were answered there."

You want a lot of money, but you don't want to answer directly or show with quotes out of the whitepaper where it answers some of my questions?


You also say: "That high Market cap will no be existence if there are no users."

The 15bn Coins will be in existence, right or worng?
You measure the total value would at $450 million, right or wrong? If wrong - why such a high price?
How could the price ever rise if there should be new users and you begin to distribute the 15bn plus PoS-Inflation?
Where are the rules to make clear when and how you would begin to sell the 99.9% that you or the escrow will hold?
Whoever will hold about 99.9% of the total supply after this ICO needs to be trusted that he won't stake it and that he will be able to keep them safe, right or wrong?

 

You claim this is a cryptocurrency and that you would want to help the Crypto-Community - but this is a central-bank-design plus hyperinflation.

What do you believe how this will help anybody else than yourself - first with the ICO-BTC and than with 99.9% of the total supply?


This is also interesting:

"I will make a video next week, we have too much development and only a couple weeks left so time is short."

You claim this would be an open source project but there is no code in the Github.
You've said you would stream an Interview live, but it never happened.


I really don't understand how it's possible that something like this even exists. It's not possible that this is legit and that's true for a lot of projects. But this is so low-level. I don't get it. But obviously it's possible that some unexperienced kids send you real money.

No, lithium didn't have escrow.

I agree with the market cap. Its only measured with coins in circulation and it makes sense that the part of the no users no coins so people will make the markert cap go up

It is the same as lithium ...

Code will be uploaded at the end of ICO.
That high Market cap will no be existence if there are no users. It might take 10 years or more for those coins to be in circulation.
Coins in circulation will be from ICO and Rebates.
Again, We are working on escrow terms for unsold coins right now. We will not control unsold coins.
I will make a video next week, we have too much development and only a couple weeks left so time is short.
Unfortunately, we all think of only a cryptocurrency market cap.
It's clear that the market cap will mostly be determined on new users coming into crypto.
Please refer to the white paper as some questions were answered there.

Best regards,
Patriarch.

btw
If you are one of the investors you should probably be worried that the github is empty

I agree, it doesn't need the word Scam. It only needs some questions:


1. You offer 15 bn Coins in this ICO. The average price is $0.03. That means, you measure the total value of this project at:

15,000,000,000 x $0.03 = $450,000,000 ---> wtf?

What makes you believe, the total value of this project should be that high and on #3 right behind Bitcoin and Ethereum?


2. After this ICO the team will hold about 99.9% of the total supply. The Algo is Proof of Stake. Why should anybody trust you guys that you don't stake the 99.9%?

3. You constantly claim: "We want to help the crypto community, not hurt it." That's cute!

a) But why and how would a totally centralized "Currency" be helpful and how could it have any chance to become mainstream?
b) And let's say the price would have any chance to rise, who would benefit most? The guys who have sent you money to get 0.01% in summary or you with your 99.9% of the total supply?
c) And if the price has no chance to rise, and I can predict that exactly that is the case - why should anybody buy this?


4. Why should anybody trust you that you'll be able to keep your 99.9% of the total supply safe? It's not only a threat for the price. You know what is possible with a > 51%-supply in a PoS-System, right?

5. Your Whitepaper is full of buzzwords, but it doesn't say much about the tech. Not really interested in it, or why is that so?

6. Would it be possible to show a working product in a Video? Should be, since you already have a lot of Screenshots.

7. You've said one month ago :


Where can I find this interview? Would you show your face in a video plus your ID-Card to raise trust in you and your project?


8. Do you really believe that a total Premine-PoS-Project with 99.9% of the total supply in the hands of the team has any chance to get on a legit exchange?

Still a scam for me since Carlos is hiding.

I do too I invested some more after reading the whitepaper.
I knew the marketing aspect would work, and like I mentioned I am available for hire lol