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.comApologies 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.
