As a new investor, I have some questions and suggestions, before I am confident to invest more.
The launch statement seems to be cluttered with a lot of irrelevant information which makes it hard to find the relevant stuff (like, it still talks about pre-launch, about when ICO will be available etc), might wanna clean it up?
And might want better visibility for points such as:
It claims adoption as a method of payment is the main attraction of PayProCoin - where is it accepted so far and what is being done to make the adoption spread more, who will be next?
What are the innovations PayProCoin brings to the crypto market where many choices between various different currencies exist?
What is something that PayProCoin can be used for, that no other currency can?
https://www.instant-bitcoins.com/order_payprocoin.php page has a "Last checked at
16-07-2014 12:05" statement - what does that mean exactly? Also there's a "Best price" note there, which is far from the truth, when on the exchanges people are selling PRO for under 100 satoshis and nobody is buying them?
Where is a wallet for Linux OS?
Why was there a need for premine AND an ICO? How is just one of those not enough?
What is the address premine coins are kept in? You said it was going to be public, but I can't find it?
Where is a report of how much Bitcoin was earned through ICO and how exactly, in details, the funds are being allocated and spent?
You are the owner of instant-bitcoins, but over there you pretend to be a "partner" of PayProCoin, why is that?
The marketing website which as I understand is also promoting PRO, has no mention of PayProCoin on it and it also looks very incomplete and amateurish, are they even promoting PRO anywhere? Maybe you want someone else to promote PRO?
Linking to instant-bitcoins.com looks bad when all it seems to do is sell PRO at over 50 times the market price...
Also, why hand-drawn icons? That style doesn't seem to fit the premise of the coin. Just my opinion.
And lastly, your signature seems to ask for donations to the faucet address, while you have a HUGE premine and ICO funds that would make sense to be used for that?
Transparency is essential, if you want people to take us seriously!The launch statement seems to be cluttered with a lot of irrelevant information which makes it hard to find the relevant stuff (like, it still talks about pre-launch, about when ICO will be available etc), might wanna clean it up?
Agreed, new investors should not have to search for information and as I stated in this thread only yesterday, a road map is to be published.https://www.instant-bitcoins.com/order_payprocoin.php page has a "Last checked at
16-07-2014 12:05" statement - what does that mean exactly? Also there's a "Best price" note there, which is far from the truth, when on the exchanges people are selling PRO for under 100 satoshis and nobody is buying them?
Instant Bitcoins is free to sell and buy coins as and when it sees fit at prices it sets.... as is everyone.
Instant Bitcoins (UK) Limited is run by its share holders and not PayPro Coin investors.
PayProCoin was created by Instant Bitcons (UK) Limited but is owned by the coin holders.Where is a wallet for Linux OS?
We currently do not have one. Anyone can request builds etc on this thread or by emailing dev@payprocoin.comWhy was there a need for premine AND an ICO? How is just one of those not enough?
The ICO is the premine coins sold before launch which helps fund the initial development of the coins.
The premine is for long term dev funds, bounties, projects.. as described in the launch statement.What is the address premine coins are kept in? You said it was going to be public, but I can't find it?
The main addresses are clearly marked @ explorer.payprocoin.com
This is well advertised and documented.
At times we do need to update the addresses if coins are used as the addresses are altered by the source.Where is a report of how much Bitcoin was earned through ICO and how exactly, in details, the funds are being allocated and spent?
The ICO only ran for a few days and was not properly advertised. The launch date was also shared with several other coins.
A total of 3 BTC was raised and was spent on the 5 servers we operate for PayProCoin, among other things! You are the owner of instant-bitcoins, but over there you pretend to be a "partner" of PayProCoin, why is that?
I am the owner of Instant Bitcoins (UK) Limited.
I also own other companies!
Instant Bitcoins (UK) limited is a partner of PayProCoin!
PayProCoin is also partnering with several other companies.The marketing website which as I understand is also promoting PRO, has no mention of PayProCoin on it and it also looks very incomplete and amateurish, are they even promoting PRO anywhere? Maybe you want someone else to promote PRO?
You going to have to tell me what website your talking about?Linking to instant-bitcoins.com looks bad when all it seems to do is sell PRO at over 50 times the market price...
Instant Bitcoins has a single banner on the explorer website along with the exchanges.
Again, its a free market and anyone can sell at whatever price they wish.... you don't have to buy it!And lastly, your signature seems to ask for donations to the faucet address, while you have a HUGE premine and ICO funds that would make sense to be used for that?
Many people has asked for the faucet address to thank our devs for work we have done for them among other things.
The funds go directly back to the community via faucets!
I really don't see your point.Transparency is essential, if you want people to take us seriously!
Transparency is in abundance as shown throughout this thread... otherwise just ask!I think most of your points seem to dance around the ICO / premine.
The coin clearly states at launch the volume and usage, giving people the option to buy-in or not.
Thank you for your interest and I hope I have been of some assistance,
Kind Regards
Darren Palmer
