[ANN] PROOF: Blockchain-powered Marketplace - Proof Token sale has BEGUN!

[qiwoman2]

The proofsuite tokensale has begun. You can find more details at http://www.proofsuite.com/token/.
For information, here are the official contract addresses :
- *Tokensale Contract* : https://etherscan.io/address/0x15eac74d043d9945823afd171677ab2f72215003
- *Proof Token Contract* : https://etherscan.io/address/0xc5cea8292e514405967d958c2325106f2f48da77

A few important guidelines:
- Only send ether to the *tokensale contract* *(0x15eac74 ..)* or via our *tokensale portal* (the link will be shared shortly)
- After contributing, you can verify your token balance on the Proof Token contract (*0xc5cea8 .. *)
- Do not send any ether to the Proof Token contract

Also, feel free to ask any questions. Cheers !

Proof is a blockchain-powered marketplace for the masses.

Our goal is to ensure that everyone has an opportunity to own and trade a part of any real asset.

We created ten easy to use tools that leverage blockchain technology to empower everyday transactions.  Over the last year, Proof Suite has empowered blockchain entrepreneurs with their applications and educational material, including ICO makers, a blockchain-backed asset marketplace, token legal agreement generators, a mobile app, and more.  Our growing community has guided us the entire way, helping with testing, building alongside us, and deploying assets on our core product, The Proof Dashboard.  We would love your feedback and to collaborate with you to take the next step on our path to democratize capital markets.

Our already released flagship platform creates ERC-20 compliant tokens backed by real assets, allowing low barrier investing and the definition of a high number of assets and traunches paid for by fiat, Ethereum, or Bitcoin.  Likewise, since all users control their wallets and private keys, the tokens they issue truly belong to them.  As the centerpiece, the dashboard and marketplace will be the core of the exciting changes we have planned as the tokensale allows for mass growth due to the introduction of mass exchange liquidity and verification capabilities.  

Test Run Our Flagship Tool

We are now working on V1 of our many beta projects, after having learned a bit from our interactions with approx. 5,000 active users on our platforms. Today, anyone can create an Ethereum-based cryptocurrency on our platform. Users can tokenize property investments, company equity, community currency, securitized debt, and more. However, how can you validate the value and competence of issuers without a centralized credit agency or compliance board? Today, we have a simple reputation system, but reputation systems can be gamed especially if their rules are known and participants do not place stake alongside their assertions. We developed the the Assurance Market Protocol to eliminate the trust that is required to make investments around the world.

Although the dashboard has seen steady growth and shares many elements of centralization of other blockchain asset platforms.  Our whitepaper presents an outline on how we intend to automate even the most subjective of processes using all parts of the blockchain.  From the emergent incentives and value transfer of tokens to the automated logic deployed on a public chain offered by smart contracts, the AMP system laid out in the paper empowers the 'wisdom of the crowd' to verify assets in a self regulating way.

Team

Advisors

TaaS is the first closed-end fund for blockchain-based assets. TaaS plans to leverage Proof's upcoming AMP protocol to trade not only traditional cryptocurrencies but real-world assets and securities that are making their way onto the blockchain via Proof. TaaS has already purchased 884 ETH of Proof's presale token. This is what TaaS had to say about Proof:

"Through this new innovative platform, real estate, businesses, interest-yielding business loans and even commodities can now become ownership tokens, available for anyone to buy. Proof provides seamless access to investment deals by using smart contracts on a decentralized platform."

The public sale begins 1ST NOVERMBER 2017: Countdown & Signup Here.

Proof token (PRFT) holders earn 3% fees (instantly) from the resolution of investment prediction market events, as well as .5% fees from crypto-USD and crypto-fiat purchases.  All fees will be paid in Ether.  Proof will offer for sale 1,181,031 PRFT tokens out of a total minted of 2,362,062 PRFT.  Now, how are the rest of the tokens used? We are in the same boat as you. Proof Suite earns revenue from our decentralized marketplaces and crypto-fiat which contribute earnings to tokenholders.  There will be no more tokens issued after the initial token creation.

The Half of Proof's tokens that are offered in the public sale, are used to seed crypto-fiat support token smart contracts which protect against cryptocurrency price volatility. This crypto fiat can be held in EVS-compatible smart contracts in insurance mechanisms, investment vehicles, and prediction markets. This way, users are investing trustlessly on the blockchain, without investing in BOTH the underlying assets and cryptocurrencies at the same time. This will bring many more funds, individuals, companies and others onto the blockchain and power the future blockchain-based economy.  Proof will not offer these tokens public exchange for the foreseeable future as they are the core revenue mechanism for the platform itself, meaning that Proof operations will be funded after the initial token sale by the activity and success of the market itself.

We look forward to your feedback, criticisms, and suggestions.  As we are mostly developers on our core team, we seek help especially in marketing. We are hiring.

The Public Presale has ended.  Upon purchase of presale tokens, ERC-20 placeholder tokens will immediately be deposited into the sending Ethereum wallet.  Upon the beginning of the Public Tokensale on November 1st, Tokens will be sent out to the addresses of all Presale tokens (PPT - temporary) at a 1:1 ratio and the exchange token (PRFT) will be deposited.

Details of the token SALE/ICO are available here: http://www.proofsuite.com/ico/


If you are interesting in getting involved:


Proof Slack: http://slack.proofsuite.com/

If you are interested in a bounty program, we have a #bounty channel where we would love to hear your ideas and contribute to you in both Proof and ETH to help push our initiative.

Bounty thread: https://bitcointalk.org/index.php?topic=2116986.msg21171255#msg21171255



PROOF TRANSLATIONS

TURKISH By Mirallas: https://bitcointalk.org/index.php?topic=2213748.0

PORTUGUESE by Sabotage3x: https://bitcointalk.org/index.php?topic=2234421.0

ROMANIAN by MoreBloodWine: https://bitcointalk.org/index.php?topic=2235651

CHINESE by qiman: https://bitcointalk.org/index.php?topic=2331792.0

URDU by Muhammad Muneeb: https://bitcointalk.org/index.php?topic=2331685.0

KOREAN by earnbitcoins: https://bitcointalk.org/index.php?topic=2285445

HINDI by love2709:   https://bitcointalk.org/index.php?topic=2345389.0

TAGALOG by UAE Seasider:  https://bitcointalk.org/index.php?topic=2235517

RUSSIAN by GolumDeMort  https://bitcointalk.org/index.php?topic=2011317.0

You're awesome. Thank you.

[GolumDeMort]

Hello! Let me reserve the translation of the bitcointalk Russian thread/site/whitepaper

[qiwoman2]

Hello! Let me reserve the translation of the bitcointalk Russian thread/site/whitepaper

Here is the bounty thread if you want to post there your information and the PROOF Team will check it out soon. : https://bitcointalk.org/index.php?topic=2124201.0

[proofsuite]

Thank you so much for helping us and posting this qiwoman2.  I will be around sporadically today but tomorrow I will be on handling the first of the translation bounties and sending out confirmations. 

[evobtc]

The screenshots look quite impressive. Also Moe Levin on board.

So what is the price of creating an ethereum token on your platform ?
And what is the value of the Proof Token, you mention a dividend percentage at the end whitepaper but you don't mention it here.

[qiwoman2]

Thank you so much for helping us and posting this qiwoman2.  I will be around sporadically today but tomorrow I will be on handling the first of the translation bounties and sending out confirmations. 

It's a real pleasure and I am a believer in this project, hence wanted to be an investor as well. I hope to keep an eye also here every day if possible, even when I am away for a few days.

[Starlightbreaker]

Hello! Let me reserve the translation of the bitcointalk Russian thread/site/whitepaper

Here is the bounty thread if you want to post there your information and the PROOF Team will check it out soon. : https://bitcointalk.org/index.php?topic=2124201.0

So the bounty thread of yours is the same with your ANN thread?
Because your message is linked...here again! Maybe to check it out...

[Nargiza]

Any bounty campaign available?

[franss]

Any bounty campaign available?

You can check here dude
Bounty thread: https://bitcointalk.org/index.php?topic=2116986.msg21171255#msg21171255

[dishku]

TAAS invested during pre-sale into this project that is good sign this is nice opportunity to make secure our tokens during this round with bonus amount. It seems this project will bring a lot of interesting for public use so it will be beginning of new era.

[kerstentw]

The screenshots look quite impressive. Also Moe Levin on board.

So what is the price of creating an ethereum token on your platform ?
And what is the value of the Proof Token, you mention a dividend percentage at the end whitepaper but you don't mention it here.

Hey Tai CTO from Proof here.  The cost of issuing an Ethereum Token is around 4 USD while if you use our Proof blockchain it is totally free. 

Likewise, the percentage token holders receive: 3% of the prediction/insurance market and 0.5% of crypto/fiat transactions.  As the system expands we may find other functionality and opportunities for tokenholders, but for now those first ones are set in stone.

[proofsuite]

If you are interested in following the development of the platform and our Smart Contracts you can check out our newly modernized Development Blog here: https://medium.com/proof-of-fintech-devblog.  We will be making posts everyother day as well as posting issues pertaining to the platform and any other initiatives on the development side.

For C/P ease:

https://medium.com/proof-of-fintech-devblog

[jvholmes]

Hello Proof,

I read your Medium post and I am looking forward to seeing you the weekly videos. Keep on doing the great work that you do.

[kerstentw]

Hi everyone, we also created a Pocket Sheet for Proof here so if you want to share this with your friends and communities with a simple mobile friendly summary of Proof:

https://i.imgur.com/oAiidXB.png

Thank you!

[cryptonola]

Hello Proof,

I looked at your website, played around with your solutions, watched your videos, hung out in your Slack community to see that your team is engaging the group, and now I see your presale is over the $1M raised so far. Here are a few questions that I have for you.

1) If I am considering to invest in your ICO, what is one reason why I should invest and what is a reason I shouldn't invest?

2) With the current state of the [Suspicious link removed]munity and its ability to innovate fast, what section of the [Suspicious link removed]munity does Proof plan to lead in?

Looking forward to your answers.

[kerstentw]

Hello Proof,

I looked at your website, played around with your solutions, watched your videos, hung out in your Slack community to see that your team is engaging the group, and now I see your presale is over the $1M raised so far. Here are a few questions that I have for you.

1) If I am considering to invest in your ICO, what is one reason why I should invest and what is a reason I shouldn't invest?

2) With the current state of the [Suspicious link removed]munity and its ability to innovate fast, what section of the [Suspicious link removed]munity does Proof plan to lead in?

Looking forward to your answers.

Hi CryptoNola, I assume Nola is a reference to New Orlands?

Also for 1.  A good reason would be to participate in the development of the AMP and support the creation of a fully autonomous crypto-asset marketplace while also picking up a token which allows you to gain value in Ether based off the growth of that marketplace.  As for the second part, I think the token is going to fulfill many areas of interest for a diverse assortment of token purchasers with different goals.  That said, our low cap of a little over a million tokens and relatively high price may be a little prohibitive if you aren't somewhat experienced in the crypto-space and crypto-trading.

2) Since your links were removed,  I'm entirely sure what you are asking, however, if it's about the overall space.  I would say we would like to be leaders in the decentralized marketplace space but it's pretty crowded but since there is such a large market opportunity, there is definitely room for a diverse assortment of platforms catering to different niches.  We also have some interesting partnerships we are gearing up to announce soon in the development space that are going to help us push our Smart Contracts out as a development standard for certain kinds of functionality. 

Thanks for checking us out CryptoNola.  Haven't seen you on the slack yet but if you are there shoot me a word here or there if you have any more questions.

[proofsuite]

Quick update on the Presale via our Blog:

https://medium.com/proof-of-fintech/how-we-raised-1-million-in-proofs-token-presale-667269d3ac13

[cryptonola]

Wow! That was a bigger response than I was expecting to get. Thank you. I will look more into your platform and play around with it more.

[qiwoman2]

I would like to kindly remind our posters and friends to refrain from posting links and advertisements for other projects you are pushing or a part of, purely out of respect and decorum for this project. We appreciate your kind cooperation in this manner. As this is not a self moderated thread, all posts pertaining to advertising other projects, foul and indecent posts, will be reported to Moderators. 

[waffiltime]

Real Estate ICO Comparison Chart

https://cdn-images-1.medium.com/max/2000/1*sAgUEDYwG1L_tZgXOnFTCw.png

For Detailed Analysis of Business Models Please See:
https://bitcointalk.org/index.php?topic=2053239.msg21362261#msg21362261

Hi mr fdanconia, this is a nice comparison chart. I think it could be improved by adding some more information and analysis of the other groups besides Atlant, and show a more complete comparison by including a more clear and accurate overview of the other projects. Proof has an internal marketplace and a very viable business model.  Also, comparing just real estate features misses a lot of the other benefits of the platforms like Proof, because Proof is so much more than real estate. The chart compares only in one area of capability (real estate). Proof is a full-stack platform not only for real estate, but for many of the challenges in the crypto community today. Having this stack of features beyond real estate is what gives Proof so much value in the crypto space. Cheers!