Good luck guys!!! Its great to see other teams put names behind the coins. I think we are slowly generating a new effect on people. Once again best of luck, its great to have healthy competition.
This is the first I have heard of your coin, but since our infrastructure is built around promoting all cryptocurrencies, we don't really see you as "competition", as we will gladly give Axron a home on Coinproz.com. This project has been in development for over 6 months, and it is much more than "Prozcoin". Between the hardware/software projects, and plans to expand the reach of cryptocurrency beyond the current early adopters, this is a mass adoption initiative,not an altcoin. I actually wrote an article about the issues crypto has been facing to cross the mass adoption barrier: http://thecoinfront.com/iculture-marketing-the-individual-to-the-masses/Chris |
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Some instructions for those who have never used Mastercoin before. First, visit omniwallet.org and generate a free multi-wallet that holds Bitcoin, ProzCoin and any Mastercoin protocol based coins or smart property. After clicking "Create Wallet", you will be prompted to create your password you'll want to keep it safe as it's your private key. Once you've created your password, you will be logged into your wallet and you'll see your Omniwallet id. Make sure you save your Wallet ID. You need this to login to your wallet. After you copy your Omniwallet id, you will see a Bitcoin wallet address. Your Prozcoin will be sent to this address as Smart Property, and a wallet will be generated for the coins upon arrival. - See more at: http://cryptoshoppers.com/index.php?route=product/product&path=80&product_id=182#sthash.uODNzk1S.dpufYou do not need any bitcoin in your wallet to receive Prozcoin. You will need to send a little bitcoin to your omniwallet.org wallet in order to send Prozcoin because it is on top of the blockchain and needs miner fee's. I don't understand what is relation between my cryptoshoppers account and omniwallet address ? How can I receive prozcoins after payment with cryptoshoppers ? Cryptoshoppers is a store that is selling the Prozcoin so it has a transaction record. It is not related to Omniwallet. Omniwallet is what you use to receive your Prozcoin, and creating an omniwallet account will allow us to send you the Prozcoin you purchased. Chris |
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I understand that this coin is more than 50% Premine?
Master Protocol is not the same as normal Altcoins. In essence everything must be 100% Pre-mined. We are creating PoW/PoA blocks so that miners are not left out, as this is not an "Altcoin", but is the currency for an infrastructure that goes for the general promotion of cryptocurrency. Chris |
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we are considering doing a twitter and bitcointalk giveaway. We would like to promote the Mastercoin protocol as many have never used it. www.omniwallet.org Just started the giveaway  100 Prozcoin to anyone who retweets and posts omniwallet address. Chris |
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Since we have already sold over 6 BTC worth of ProzCoin at a flat 250 Satoshi, essentially we have established a market capitalization of 250 BTC before even getting onto an exchange. Being able to establish a BTC reserve and a buyback floor for our affiliates is part of the plan to ensure long term sustainability for the Coin Proz network. In addition, since over 70% of the coins will be in a public escrow account, there will be complete transparency for people to know that the coins are safe.
Chris
POA is a good idea and concept.But now,the popularity is not enough. For long term,your plan is critical. Being able to establish a BTC reserve and a buyback floor for our affiliates is part of the plan to ensure long term sustainability for the Coin Proz network. Realistically, the fickle nature of the exchange market is partially why we wanted to get some good ICO support before going into the exchanges. You will not see us make the same approaches as the altcoins looking to make a quick buck on the exchanges, but we will absolutely not ignore PR. There are a couple articles being written about us this weekend, and will be circulating this week as we move onto Poloniex. Keep a look out! Chris |
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Since we have already sold over 6 BTC worth of ProzCoin at a flat 250 Satoshi, essentially we have established a market capitalization of 250 BTC before even getting onto an exchange. Being able to establish a BTC reserve and a buyback floor for our affiliates is part of the plan to ensure long term sustainability for the Coin Proz network. In addition, since over 70% of the coins will be in a public escrow account, there will be complete transparency for people to know that the coins are safe.
Chris
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When release the client?
Should be next week. Been working on getting the Escrow set up, the website, and a few other things. Since the Omni wallet was already set up, the website took higher priority. Chris |
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Have invested.
I love this coin and concept.
Thanks we appreciate the support! Good coins deserves support. Wish dev release more interesting features. Shannon has some amazing things lined up. If we can execute them as planned, you will see some amazing hardware/software combinations. "Smart Wallet" Chris |
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Well, can you do a google hangout showing everyone faces on live? i think this would settle it and bring the full trust in your team.
I mean...yeah, we could... It is just a huge hassle since we are all in different time zones. One or two at a time would probably be more likely, but I am sure no one would have a problem with it. I normally wouldn't even be awake right now, but I DJ'ed a party tonight, so I am up late. Here is my facebook page: https://www.facebook.com/LChrisBatesChris |
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Would appreciate it if you could briefly summarise: 1) the strengths of this coin? 2) the weaknesses of this coin? 3) promises made? kept? any FUD? Specifically to the dev(s), what will be the key original code/feature(s) in this coin? And will you be providing "Proof of Developer"? http://cryptoasian.com/coin-list/Reply 1) Since this is a coin that is designed to be the main currency within an economic infrastructure, the strength is the pre-existing infrastructure, and the other plans that we have to expand that infrastructure further. As well, we have had a very good ICO, so our ability to keep developing will not be an issue. 2) Early adoption phase, small current marketplace 3) Proof of Action is in development, site is about to launch alpha, check the thread for FUD...for the record, since we have publicly identified ourselves, any baseless claims against us will legitimately be "slander/libel", and could potentially put anyone slinging baseless claims at us in legal trouble You can check the proof of action paper here: https://www.academia.edu/7925177/PROOF_OF_ACTIONWe don't need proof of developer since we all put our names/links to our personal profiles (check OP) But if people REALLY feel the need, then we will gladly go through with it. At this point, anyone could track down my personal phone number if they wanted. As well, Shannon Code will be doing blogs with hardware/software development updates, so again, the whole PoD we feel is unnecessary given our approach to transparency...Included in our transparency will be a public escrow where Poloniex holds 70% (ish) of all the coins in a multi-sig wallet that cannot have any transactions without the signatures of the founders and one person from Poloniex.  Chris |
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I have bought some ProzCoins.
How to received my coins?
Send me your omni wallet address and the transaction ID in a PM or to Chrisbates01@gmail.com, and I will get those sent out asap! Chris |
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We will have a few articles coming out over the weekend about the team before next week. The momentum should only keep building as more people are finding out about this project.
Chris
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Since we sold out of the first million before being live on the exchange, we will extend the sale until we are listed on Poloniex to give anyone in the thread a chance to get these at 250 satoshi.
Chris
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Prozcoin has officially been accepted to Poloniex Exchange, and should be listed by Monday!
Chris
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this can make a more transparent investment . other investor like to know more about this, you can hide the investors name!
Absolutely! I have no problem at all releasing the sales transactions. I just did not want to release investor's names without their permission. Chris |
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It has been a great first week! As soon as a few things are finalized, we will be sharing.
Chris
where is the investors list  we need to know about the list As I said before, we will not publicly name investors, and that will be up to investors if they want to publicly acknowledge that they invested. I don't believe that is good practice to share names without express permission.  Chris |
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It has been a great first week! As soon as a few things are finalized, we will be sharing.
Chris
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What a crap. Dev will hold 30% to dump on your asses whenever he pleases. If you wanna lose money, buy into this scam!
Lol, the 30% will be held in a public escrow account by a major exchange. So, no.  Also, what kind of scam artists do you know that include their names/pictures on anything? That just doesn't even make any sense. I have a M.S. in telecommunications. I find it personally offensive to be accused of being a scam artist, and since our personalities are public, it could very well be considered slander/libel if people go around making baseless accusations. Please be aware that you could be breaking the law. Chris |
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Is there anything new except PoA?
Considering PoA depends on an entire website/mining pool/infrastructure to be built, PoA is not insignificant. PoA/PoW merged mining will be essentially mining two coins at once. This is a currency for the Coin Proz infrastructure that will be a home for any cryptocurrency. Chris |
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just bought 10K. Not a lot , but will support it Everything helps! Much appreciated! Chris |
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