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corleto
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December 31, 2017, 09:03:43 AM |
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This is starting to look extremely promising!
Just a few questions. Might be found in whitepaper. But it won't hurt to have the questions and answers here as well imo.. How is the token utilized by all participants in the process. And how many do parties involved need and what does this depend on?
The PRO token functions both as a registree fee and access fee to write on the Propy blockchain. By doing so, it activates the automated title deed contract depending on where the transaction is made. Thus all participants won't be utilizing the token itself other that the individuals making the transaction, but it's the most fundamental element of what makes Propy, Propy. Thanks for getting back. So if I buy a house this way for lets say 2m, how much Propy do I need and where do they go when I spent them? Do any of them get burnt? |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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gembira
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December 31, 2017, 09:10:32 AM |
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Nice, anyone tried their app? They have some deal on their platform? Anyone buying real-estate already throught them? |
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cris17
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January 03, 2018, 12:03:04 AM |
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Don't know if anybody noticed this but it is someone with a big following who has made the right descision about PROPY! I'm very glad that Pro is more than 2.5$ now and I agree that it will easily make 20x during 2018. |
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Akehurst_Propy_CM
Newbie
 Offline
Activity: 39
Merit: 0
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January 04, 2018, 06:32:45 AM |
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From what I've been informed, it will be the latter case. The fact that there'll be a transaction through Propy is true, but details are still in discussion. |
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Akehurst_Propy_CM
Newbie
Offline
Activity: 39
Merit: 0
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January 04, 2018, 06:36:23 AM |
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This is starting to look extremely promising!
Just a few questions. Might be found in whitepaper. But it won't hurt to have the questions and answers here as well imo.. How is the token utilized by all participants in the process. And how many do parties involved need and what does this depend on?
The PRO token functions both as a registree fee and access fee to write on the Propy blockchain. By doing so, it activates the automated title deed contract depending on where the transaction is made. Thus all participants won't be utilizing the token itself other that the individuals making the transaction, but it's the most fundamental element of what makes Propy, Propy. Thanks for getting back. So if I buy a house this way for lets say 2m, how much Propy do I need and where do they go when I spent them? Do any of them get burnt? My pleasure. The rate of the amount of PRO used for a transaction may differ based on the jurisdiction of the property. I expect it to be between 2~5%. More accurate details will be out with the new Whitepaper amendment. 1/3 of PRO used goes to the company, and 2/3 goes to the network growth pool. Details about this can be found in the current version of the whitepaper. |
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nelson4lov
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January 04, 2018, 08:57:04 AM |
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I missed this hodl. Panicked and sold when it was dwelling at the 3K sats price level. Good thing for anyone who bought below ico price on exchanges. Great potential still lying around here. Propy should be worth at least $15 |
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CryptoGorilla
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January 04, 2018, 09:34:49 AM |
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Holy crap! Totally missed that announcement... NICE! I'm glad I'm holding on to my PRO since the ICO. Patience will be rewarded. Now that's what I call an exchange with tradingvolume! Over 1 billion dollars! https://coinmarketcap.com/exchanges/huobi/ |
Join the Oyster Revolution! Oyster enables anonymous file storage and traffic monetization. |
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Skyio
Member
Offline
Activity: 115
Merit: 11
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January 04, 2018, 12:22:35 PM |
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Yes, I think you're right:  |
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Dinct
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January 04, 2018, 02:47:32 PM |
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Yes, I think you're right: Expected pump for Propy and i think that's just the beginning and i hope we will reach 10$ within a month and that's still new and many people will be informed about Propy. Good days are coming my friends keep hodling! |
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swisstrader1
Newbie
Offline
Activity: 2
Merit: 0
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January 04, 2018, 04:46:21 PM |
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In their Whitpaper it says they will donate 15% 3 months after the token sale is over. From what i read the toke sale was over mid september. Does anyone know if they donated those 15% and to which foundations? did the ethereum foundation receive their donation?
Reads like a good project but im weary about the small amount of free float tokens which are not in their possession.
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bigcash2011
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January 04, 2018, 07:02:34 PM |
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i am sure most ico investors are now very happy about the price, i think it will easily grow more in coming weeks, i hope IOS app will be ready soon too.
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lofegs
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January 04, 2018, 07:23:19 PM |
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Huobi news is great. I wasn't expect this one  Latest development news and now this things are going good these days. I think other exchanges will be easier after HUOBI. |
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stil55
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January 05, 2018, 12:44:38 AM |
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It's very good news that PRO tokens go to a major exchange HUOBI.Expected pump for Propy and i think that's just the beginning and i hope we will reach 45$ within a month and that's still new and many people will be informed about Propy.
The PRO token functions both as a registree fee and access fee to write on the Propy blockchain. By doing so, it activates the automated title deed contract depending on where the transaction is made. Thus all participants won't be utilizing the token itself other that the individuals making the transaction, but it's the most fundamental element of what makes Propy
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Akehurst_Propy_CM
Newbie
Offline
Activity: 39
Merit: 0
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January 05, 2018, 12:54:44 AM |
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Nice to see all the good vibe here! My main post is in the telegram chat but I won't forget to Visit here everyday  Huobi exchange opens 1400 (GMT +8) 5th of JAN It means Chinese customers can use the Propy platform With ease through Huobi exchange. Good stuff! |
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CryptoGorilla
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January 05, 2018, 04:58:06 AM |
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Nice to see all the good vibe here! My main post is in the telegram chat but I won't forget to Visit here everyday Huobi exchange opens 1400 (GMT +8) 5th of JAN It means Chinese customers can use the Propy platform With ease through Huobi exchange. Good stuff! I'm certain an exchange like Huobi has been beyond expectations so congrats to team PROPY to amaze everybody. The vibe has certainly turned since after the ICO. Well done! |
Join the Oyster Revolution! Oyster enables anonymous file storage and traffic monetization. |
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swisstrader1
Newbie
Offline
Activity: 2
Merit: 0
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January 05, 2018, 10:17:02 AM |
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In their Whitpaper it says they will donate 15% 3 months after the token sale is over. From what i read the toke sale was over mid september. Does anyone know if they donated those 15% and to which foundations? did the ethereum foundation receive their donation?
Reads like a good project but im weary about the small amount of free float tokens which are not in their possession.
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Juranimo
Full Member
Offline
Activity: 322
Merit: 101
Sidera - Decentralized Wearable Devices
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January 05, 2018, 10:32:31 AM |
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Just checked the website page. I really like how it looks, clean, really useful and user friendly. Going to try an IOS app. |
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MaryAngela_Fantocci
Sr. Member
Offline
Activity: 462
Merit: 252
Buy/Sell crypto at BestChange
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January 05, 2018, 11:16:17 AM |
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Heard about some problems with Propy few month ago
Are there any positive news for about project development?
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