Tai, CTO of Proof Suite here.

First off, we are very sorry for the lack of updates , I am in contact with the original poster of this thread and we will be updating the front page with new info shortly.  We indeed failed you for not being more forthcoming; but we are a very small team undertaking some big projects at the moment.  However, this is no excuse for my own lethargy in keeping you all up to date.  I would like to use this post to elucidate on the current state of development as an olive branch moving forward.

To put it quickly: we divided up the overall AMP project into 3 parts: a token issuance platform (togen), token exchange (AMP), and asset information (Avocado) datastore.

First, AMP has released as a very early beta.  It has not implemented the rewards contract yet (https://github.com/ProofSuite/proof-cryptodollar/blob/develop/contracts/Rewards.sol) so token holders cannot make use of the rewards function yet for a couple of reasons (as you can imagine, the tokenomics of the space have changed quite a bit since we first wrote our whitepaper).  The first is that we have postponed the 'cryptofiat' integration in favor of a more established support token in the form of USDC and DAI so some of our initial liquidation plans fell through.  Second, development on AMP has been slow as the small teams we had organized for open source development fell apart with the collapse of the crypto prices and interest in developing for blockchain fell out amongst certain members, so David is pretty much managing that entire platform's development.  Please be nice, he is working himself to the bone and I am extremely protective of his mental state.  If you need to vent to or attack someone in Proof, I volunteer myself as tribute.

Now, to address the Avocado in the room.

Avocado is the 'Assurance' side of the Assurance Marketplace Protocol (AMP) ecosystem (https://www.avocadoterminal.com).  It occurred to us that validation through a fully decentralized 'Augur' type of system was not going to cut it and rather that sentiment surrounding upcoming tokens was not just based on market effects but a bevy of other factors from basic site analytics (ala alexa siteranks), to social media buzz, to the projects/companies themselves.  Keep in mind this is about more than just analyzing an initial offering but also the longevity and output of a project in order to avoid this exact situation we find ourselves in.  To address this subjectivity, we began building Avocado.

In order to allow for the best assurance voting on the AMP marketplace we needed a market effect of users sounding off and broadcasting opinions about specific assets in a given time-window in the market.  Initially we wanted to keep it on brand and call the platform X2-Assurance but settled on the more succinct 'Avocado' because we are Millenial brats after all

There's a pre-alpha of X2-Assurance here: "https://x2.proofsuite.com"
Keep in mind the above is not the platform which can be found here: https://www.avocadoterminal.com


Although it may seem that we have diverted resources from the AMP exchange to Avocado, Avocado is not a Dapp and therefore is much much easier to develop for.  We began working on Avocado after AMP but it passed that project due to its ease of development and it consists of a team smaller than AMPex.

We developed Avocado as our unifying piece between issuing new assets (togen.io) and placing assets on a marketplace (amp.exchange); you can even access these platforms on Avocado with commands 'togen' and 'amp'.  Likewise, we have envisioned Avocado as the central place where we will be placing any alphas/betas of awesome skunkworks projects our community or ourselves are working on rather than releasing a bunch of new sites. 

Now, for the connecting piece: as teams enter the ecosystem we will add them as 'Institutions' whose members you can chat in realtime with as well as see our automated analysis score for the offering (there's a preview of this on the 'analysis' section of the avocado dashboard).    As we move forward, we will be adding a 'vote' command and section to the site allowing people to sound off with their voting on new STO, IEO, and regular ICO assets in a kind of 'augur-lite' way with the outcomes witnessed by other institutions and the issuing institution itself (letting any team 'face' their detractors) with percentages of market activity funneling back to token holders.  Of course, this isn't a good enough usecase for creating a platform unless we want mass bounces.  We need the network effect first-- so we are focusing on getting both retail and institutional level investors on board so we can mine the most well informed opinions and generate the best insights. 

Finally, I would like to use this post to announce that we will be rolling out crypto payments for Avocado subscriptions by the end of Q1 2019 (tentative barring any major technological set backs) and any full token holders of PRFT will be able to use their tokens for a PRO account on Avocado for as long as they keep the token locked in the escrow contract associated with their Avocado account (the architecture of this is probably going to change but as it rolls out more info will be available.  We are also considering a burning method as laid out by Vitalik but we are still debating the details) as well as allow for priority voting on the vote module of the platform and a possible revenue share of the PRFT-basket as it grows (like a closed-end structured offering.  The details on this are not final.)  Hopefully, this will help to ease the wait as we build liquidity on the full AMP ecosystem (great place to get USDC btw) and get the more robust rewards contract deployed alongside the exchange.

So in summary, here are the projects' (in various states of dev)  URL's for the curious:

AMP (early-beta.  We are still trying to crack the DEX egg and refuse to give up because the concept is just too cool.  Visual and UI/UX enhancements on the way) - https://amp.exchange

Token Generator (beta.  This is the closest we've come to replicating our original proof asset dashboard with better support for minting contracts and proper erc-2X token issuance) - https://togen.io

Avocado (V1 release.  This is the beginning of our data services platform specifically tailored to analyzing market data and allowing people to hear about new issuances amongst many other uses)  - https://www.avocadoterminal.com

Apologies once again for the lack of announcements on here.  We are trying to take our time with a steady stream of releases but are indeed a small team so things come in fits and starts. We have a new discord here: https://discordapp.com/invite/eChaHFk where I am available to talk to anyone and address any concerns.

Hey guys so we have added up stakes and have culled out fake accounts and will begin sending out tokens today.  In the interest of not overwhelming the outstanding tokens and because our sale did not sell out to the cap, we have to cut the bounty pool in proportion to the total number of outstanding tokens so we don't overwhelm current token holders. 

After much deliberation, it was decided that we will burn all remaining tokens below the cap since PRFT is a hodler token rather than a speculation token where holders can collect rewards from our marketplace (an update on this can be found here: https://www.youtube.com/watch?v=H3Ndf3RbdZk).  This means that although the 'number' of tokens received by bounty participants has been cut.  The overall 'proportion' of tokens received is the same.  In the interest of fairness as well, we have issued the bounty tokens from the company store (Untradable) rather than the public store which means bounty participants actually have MORE of the proportion to a percentage point. 

Since the main value proposition of the token is to collect Ethereum payments by way of the token, it would be extremely unfair to purchasers during the sale to issue out the same number or tokens we had committed to initially.   

This means that the pool will be cut to 6000 tokens, however, your holding to the total number of tokens will be the same as though we sold all the public sale tokens. 

In other words, although the number of tokens you receive is lower, the actual per-unit value of the tokens is assumably higher as you will control a much higher percentage in proportion to the whole. 

The math is below

Total tokens sold:

119453

Cap:
1181031

119453 / 1181031 = .10 (AKA 10%)

The pool if the cap was reached: 60,000 PRFT

10% of 60,000 is 6000

60,000/1181031.0 = .05 (The presumed total proportion of bounty tokens if cap was reached)

6,000 / 119453 = .05

6,000/113453 = .052 (The total proportion of bounty tokens adjusted for actual tokens in circulation adjusted to amount removed from Proof's holdings)

Although we know that this is going to frustrate some people, keep in mind that despite the lower 'number' you actually control MORE of the holdings by about .2 % which will avail you to a large percentage of the marketplace activity outlined in the Proof Whitepaper.  We came to this compromise after many discussions with our advisors, team, and token holders and if you have any issues, don't hesitate to contact myself or qiwoman2 and we can work out an arrangement based on your level of participation.  We have some excellent partnerships that will be announced soon that will bring tremendous amounts of liquidity to our market when it opens Q1 next year that will immediately allow you to begin collecting rewards AS WELL as holding the value of the token itself.  Thank you for your participation and we are working diligently to make sure everyone gets their fair due. 

The prices are listed as ETH only.  Just as it has gotten more expensive, it can also become cheaper.  We are firm believers in the space and operate in crypto as much as we can. 

Also, tokensale ends on December 1st at 10PM KST!  You can see the current status on https://www.proofsuite.com/token.  It will also become tradable at this time and there is a listing on Etherdelta although we recommend holding on to it at least until the AMP releases as the token gives Eth rewards. 

You can also see the contract here: https://etherscan.io/address/0x15eac74d043d9945823afd171677ab2f72215003

For the curious here is the official Proof Token Listing on Etherscan:

https://etherscan.io/token/0xc5cea8292e514405967d958c2325106f2f48da77

Thanks Juicy Trader!  We appreciate that and are working hard to live up to your enthusiasm!

@cryptonola

We have been hard at work building our our contracts and open sourcing some of our other tools we use for token management and issuing tokensales and supporting contracts.  These will form the backbone of the AMP helper consoles and frontends.  You can track our progress at https://www.github.com/proofsuite

@SongtanMan

We have been building out some scalability improvements and backend code so the dashboard was a little unstable.  You can check the devblog at https://www.medium.com/proof-of-fintech-devblog for more updates. 

Also for everyone!  The official tokensite for Proof can be found at https://www.proofsuite.com/token . Do not use any other site to see the contracts or submit transactions!  Be careful out there everyone.

Just so you know, you can contribute either through our dashboard which will be open source next week, or through the contract itself simply by sending Eth.  The info on this can be found at:

https://www.proofsuite.com/token/

(I did not link it because for these kinds of things, it is best to copy and paste the link yourself in order to reduce scams)

Speaking of which,

For verification purposes, here are the two main contracts that you need to know in order to participate.

The Token Sale contract (The contract which controls the ERC-20):

0x15eac74d043d9945823afd171677ab2f72215003

The Token Contract Itself (For code audit and for listing the token itself.  When tokens become transferrable on December 1st, this will become the contract you send transaction() calls to)

0xc5cea8292e514405967d958c2325106f2f48da77

The official crowdsale begins in 35 minutes!

For verification:

ONLY send ETH to the contract at 0x15eaC74d043D9945823aFD171677ab2F72215003

Any other contract is fraudulent!

-Tai

Just seven hours until the Proof Tokensale begins!

The official Proof token controller address  (where to send your Ethereum) is:

https://etherscan.io/address/0x15eac74d043d9945823afd171677ab2f72215003

And the Official Proof Token (PRFT) is located here:

https://etherscan.io/address/0xc5cea8292e514405967d958c2325106f2f48da77

Any other PRFT from any other contracts are merely test contracts for the presale delivery (which should already be allocated to you) or an illegitimate contract.

BTW this is Tai from Proofsuite.

-Tai

We have actually been documenting the process of doing an ICO with our cameras and blog, we will be having a documentary put together down the line exactly to address those curiosities!

Our friend Leon hanging with the good Don Tapscott in Seoul.

The Slack at the moment is invite only, however, that same page has links to the public telegram which anyone can join as well.

@SongtanMan Please keep it civilized.  It's an honest question and is more a good piece of data about how we can improve on the design end of things.

@cryptonola, it should be somewhere in the center of the page.  Otherwise, you can DM it to me and I will make sure you are kept up to date.

Woo Proof got into Huffington Post!



Next stop... stickers on the side of things.

Oh my, how did that get there?

...

Nice spot, Evo.  Are you in Korea?  Did you take this?

Our tokensale client-side platform for assisting people in purchasing PRFT has a shapeshift API integration that will allow them to easily convert bitcoin directly into a wallet that can hold and move tokens.  I will be posting a link to that in the next 12 hours!

Hi Satsuuma,

Unfortunately due to policies enacted by the United States we are not allowing people from the US to participate in the tokensale as per our Terms and Regulations as well as our sign in form.

Apologies if this causes any issues for you.

-Tai

Hi Andakue,

I'm not sure what you mean by Characters?  Are you referring to the team? 

Sorry about any misunderstandings.

-Tai

Thanks Qiwoman!  We are working on getting the word out with more details as we type.