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Again, That is your opinion. We want to help the crypto community, not hurt it.
We all agree this community was founded on good principles and morals.
I do understand the need to stop SCAMS, I have been a victim of a scam project in Bitcointalk.
I know first hand the anger and disappointment of a SCAM project, but we are not that.
If you can't see our vision here, that's ok, we don't expect everybody to.
We are sincere with our goals. Time will tell the truth.
Best regards,
Patriarch.
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That is your opinion. Our desire is to help the crypto community, not hurt it by dumping it and disrupting our own plan.
Some people see our vision some don't and we understand that is normal.
Best regards,
Patriarch.
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We have reached 50+ BTC!!
Very excited as this is the very minimum to keep development going.
Keep dreaming to hit the threshold, you won't raise so much money, and your project is not worth tat much, that is why people only have invested 50 btc, I congratulate your project is failure, because you look like a scammer, no offense, it is truth, same scammer behind opair, ebitz, ascendancy, res. Yeah I catch you!! You might have misread my statement. Look at it again  |
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OMFG this is the exact same layout and headers as XLTH Lithium ! Carlos RT Ferguson strikes again ! Trying to better the whitepaper excuse this time around too  Thank you for your concerns, but nobody that's publicly listed on procommerce.io is linked with any other project. We started this project with open identities. Best regards, Patriarch |
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We have reached 50+ BTC!!
Very excited as this is the very minimum to keep development going.
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Ok, I have read the whitepaper too.
I alot of marketing buzzwording used, too little specifics still.
Here are my legit questions after reading that:
1. Whitepaper tells: "Once people understand the benefits of shopping with a decentralized cryptocurrency, they will discover why cryptocurrency is a lot more exciting than traditional cash back. "
How exactly cryptocurrency is a lot more exciting than traditional cash back? Please explain what is specifically exciting, and how you will make regular people feel it is actually exciting?
Do you think people dream of learning cryptocurrency stuff, or becoming cryptocurrency speculators, instead of getting plain and simple cash back to their pockets?
Why do you think they will prefer this rebate to normal one? Please list the benefits the way I can explain it to regular family mom who buys her kids clothes at Macey's and doesn't know what Bitcoin is.
2. Basically you are going to do what Ebates or Fatwallet do, but will give people XRO instead of USD. I suppose you will get real cash back in USD from the retailers. Which USD/XRO exchange rate will you use? Will it be ICO price, or higher, or lower?
3. While giving buyers XRO coins, you will keep the actual USD rebates for yourself. How they are going to used? Any buyback program?
4. PRO solutions is targeted at merchants, and is going to "help businesses further learn about business development, branding, advertising and the advantages of cryptocurrency.". Do you really want to teach Macy's, Wallmart and others on how to do the branding and business development? If not, which businesses the application is targeted at?
5. In point 5. "Unsold Coins and their Purpose", the whitepaper details how the 75% of unsold coins will be handled. However nothing is told about the rest 25% of unsold coins! Given the huge total supply and very expensive coin price, the number of those coins will be very big (expect them being about 100 more than coins sold on ICO). So you will still solely control 99% of supply, with no escrows.
Who will guarantee you will not dump them on open market?
6. Whitepaper tells:
"POS Reward:
150 Coins/ Block 1st Year
100 Coins/ Block 2nd Year
50 Coins/ Block until max supply is reached"
Will your wallet with unsold coins stake or not? I assume it should not, otherwise the share of ICO participants drops.
If it doesn't stake, and only ICO holders stake, then...
Lets do some math. 150 coins per block with 1 min blocks make 150 x 60 x 24 x 365 = 78,840,000 = 78M coins per year.
If you raise 100 BTC with average price of $0.03 per coin, assuming 1 BTC equal to $1000, the total supply sold at ICO will be just about 3.4M coins!!!!
Now compare 3.4M supply to 78M yearly generated supply. It makes the 2700% inflation rate!!! Isn't it crazy?
Please explain.
1. What isn't exciting about cryptocurrency once you know about it? Cryptocurrency has a history of price fluctuation which can benefit people rather than fiat currency, most people think that is exciting. 2. Refer to whitepaper... XRO price is time stamped at time of purchase. 3. This is just one aspect as there will be many merchants globally that offer rebates in coins. There are many platform and companies that will handle the rebate portion of the app. We are just the developers of the coin and technology. 4. We are not teaching major retailers or fortune 500 companies about branding and advertising. There are millions of e-commerce businesses that sell products through Amazon, Ebay, Shopify, Alibaba and many more that can benefit from taking cryptocurrency as payment instead of just traditional credit and debit cards. 5. Refer to ANN. 6. You are not taking into account all the coins being released for incentives and rewards compared to 78M, the inflation rate will be is much lower and this is only for the first year. Best regards, Patriarch. |
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Check out our first Blog<from linked blog post> PRO is launching a free application that will allow the average Joes and Janes who currently shop online at their favorite retailers like Walmart, Best Buy, Priceline, and Macy’s just to name a few, to earn rebate rewards in the form of PRO cryptocurrency WOW, that is really nice. does this confirm those stores??? cus thats huge! I can't say yes just yet, however, it is on our OFFICIAL blog  I hope that made sense. Best regards, Patriarch. No it doesn't make sense. You are saying that you have Walmart, Best Buy, Priceline and Macy's (to name just a few) lined up and agreed in writing to use your (unfinished) app and rebate their/your customers? But you can't say "yes" just yet............Well, it does make sense, but only to the extent that it means you are deliberately misleading would-be investors to give you money based on your claim that huge retailers are committed to use your (otherwise useless and generic) app. Do you have any proof whatsoever that you have even been in two way communication with any of these businesses that you name? So, when is this going to be addressed? We are launching the platform that consumers that shop online get crypto back. What is the difference if I were to say you get frequent flyer miles, or traditional cash back? If our platform was designed for frequent flyer miles then that would be the rebate. It's not as complicated as you may think, whether it is Cash back, Miles, or Crypto they all have a value! We chose crypto because we believe it's more valuable than other incentives and it opens the door for an average person that doesn't really know about crypto to own some. Also hasnt anyone invested even identified if the identities of the team are real?
We have team members with LinkedIn profiles since 2010. Twitter registrations since 2009. How else can we disclose our identities? Best regards, Patriarch. |
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UPDATE!I am very excited to announce our Official Whitepaper! We reviewed this thoroughly to give the most detailed overview of what our vision is. Here is the link, it will also be posted on OP. Thanks to everyone for your patience and understanding. We will have weekly updates as we get closer to launch day. https://www.procommerce.io/static/site/img/whitepaper_V1.1.pdf UPDATE!
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Hi Dev or everyone here, What is the current application of PRO COMMERCE has been developed or is it just a plan?
Working on it, IT WILL be launched same time as launch day. Best regards, Patriarch. |
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so the whitepaper is being released soon right?
Yes, it has being uploaded right now. It should be up within 20 minutes, I will make a post here and on our social media. Thank you! Best regards, Patriarch. Great to hear this. It'll be interesting to see PRO Commerce whitepaper and start sharing it to people. Stay tuned about to Announce! |
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when is the last day i can do the signature bounty?
You would have until the Feb 28th or so to join. Because stakes are calculated on a weekly basis. Best regards, Patriarch. |
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Just participated in social media bounties.. when are bounties being paid?
Thank you for your participation! Bounties will be paid mid-late march. Best regards, Patriarch. |
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Do you have any idea what this IPN thing is, and why they sell your ICO coins as packages?
IPN is just one of many merchants looking to participate and bring exposure to this ICO launch, different promoters have different strategies. Best regards, Patriarch. |
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i have the Spanish translation almost done!
Please post it on here, and also PM me. Thank you for your hard work. Best regards, Patriarch. |
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Just to let you know. Tom McMurrain is now involved in this. He can't scam Onecoin in US anymore, because OneCoin decided not to allow US people to register.
So now US Onecoiners are persuaded to go with this new "incredible opportunity".
I don't know if there's some MLM aspects coming with this project, I just found out about today about PRO. I'd think McMurrain wouldn't start promoting this unless there is somekind of MLM aspect coming? At least he was pushing this today as a great opportunity in his webcast.
We do not endorse people writing about future projections. Thank you for bringing it to our attention. We don't know who that person is or what his values are. This is an open-sourced project focused on bringing the masses into cryptocurrency through our applications, we are developing multiple apps and clients to facilitate this. It's an open ICO. Anyone can participate, we are not responsible for what the participants do with their coins after launch. Best regards, Patriarch. |
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so the whitepaper is being released soon right?
Yes, it has being uploaded right now. It should be up within 20 minutes, I will make a post here and on our social media. Thank you! Best regards, Patriarch. |
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Hello,
I see there are a few questions arising. We have been working around the clock to finish the last touches on the Whitepaper.
We are also working very hard to develop all the Clients and Apps we are launching with.
I am very proud to announce that the Whitepaper is now Finalized! We will upload it to our website within the next hours and post the link in our social media.
All of your questions are answered in our whitepaper, as it is very long (33 Pages)
Thank you guys for all you support.
Please stay tuned for more updates.
Best regards,
Patriarch.
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If I send BTC to my account on the ICO do I receive Procoins in exchange and if so what is the conversion rate?
Thank you
Yes, you have to submit your transaction ID, Make sure you are the owner of the address it was sent from in case of any issues. Refer to escrow terms for that. Coins will be distributed March 3-7. Current rate per PRO is posted on our website. Best regards, Patriarch. |
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Hi, the ticker of this project is PRO or XRO ?
Name: PRO (Short for Product Retail Offerings) Ticker: XRO |
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Sir, please change my rank
now "member"
thank you
Sounds good, i will ask team to update the sheet. Please kindly update your signature too. Best regards, Patriarch |
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