Announcing ProzCoin : Proof of Action (PoA)

[bitwarrior]

Hi,dev
When the coin launch?
and where to buy this coin?

Before Prozcoin can be bought at cryptoshoppers.com but it is now closed.
Just wait for the coin launch on C-CEX.com on the 1st week of September.

[CryptoToxicAvenger]

you know what
im reporting you to their asses
you can consider this forum as evidence of security violation\i dont have to prove anything you guilty and you know it thats why you posted it after learning from the exchange trys
thats another reason the thrashed you your selling comodiy in usa and are unregistered
EDGAR would show your filing its online and open
but you dont have that do you
toast

This is hilarious. Ok, I have a joke.

Guy walks into a BitcoinTalk thread and says the dev is creating a unit of currency and should register with FINCEN...

Fuck guys, I'm dying over here. Get it?

no its not some guy in thread
its united state law
and if you play u pay
its real
and its the law
you cant make a coin up and just sell it without documentation and they dont have it so its done let them burn in hell cause they are guilty and will pay so
say all your fud to the rule of law will prevail
consider yourself avenged
and awaiting payment  for your illegal deeds
laugh on maggots

[ProzCoin]

Hi,dev
When the coin launch?
and where to buy this coin?

Before Prozcoin can be bought at cryptoshoppers.com but it is now closed.
Just wait for the coin launch on C-CEX.com on the 1st week of September.

This is correct!  The developers at C-Cex have been working extremely hard with the lead Mastercoin dev to get things up and running.  Everything is going smoothly.


Chris

[CryptoToxicAvenger]

Since you have raised money without proper credentials in violation of United States Law
if take this money and place it anywhere else to change it legally
It is called money laundering an additional charge indeed
keep up the great job Larry
thats why polinex dumped you , they follow laws , it dont matter you made some company in finland its sold here in the usa 
and you have the money here in usa  from your ponzi scheme
the department is all over this kinda crime
just because all u criminals say its ok doesnt make it ok
no worrys mate im gonna fix it for you
you will be fine
soon as the come for you
what you gonna do Bad boy
what you gonna do when they come for you
 

[shojayxt]

Since you have raised money without proper credentials in violation of United States Law
if take this money and place it anywhere else to change it legally
It is called money laundering an additional charge indeed
keep up the great job Larry
thats why polinex dumped you , they follow laws , it dont matter you made some company in finland its sold here in the usa 
and you have the money here in usa  from your ponzi scheme
the department is all over this kinda crime
just because all u criminals say its ok doesnt make it ok
no worrys mate im gonna fix it for you
you will be fine
soon as the come for you
what you gonna do Bad boy
what you gonna do when they come for you
 

You are just being ridiculous and you know it.  Now go back to playing video games you little child.

[CryptoToxicAvenger]

Since you have raised money without proper credentials in violation of United States Law
if take this money and place it anywhere else to change it legally
It is called money laundering an additional charge indeed
keep up the great job Larry
thats why polinex dumped you , they follow laws , it dont matter you made some company in finland its sold here in the usa 
and you have the money here in usa  from your ponzi scheme
the department is all over this kinda crime
just because all u criminals say its ok doesnt make it ok
no worrys mate im gonna fix it for you
you will be fine
soon as the come for you
what you gonna do Bad boy
what you gonna do when they come for you
 

You are just being ridiculous and you know it.  Now go back to playing video games you little child.
you think this is ridiculous child
looks like more development costs

Civil and Criminal Penalties for Operating an Unregistered Money Transmitting Business

Any person who fails to comply with any requirement of 31 U.S.C. 5330 or this section [31 CFR 103.41] shall be liable for a civil penalty of $5000 for each violation.BSA registration requirements, in an amount up to $5,000 for each day a registration violation continues.
[31 U.S.C. § 5330(e) and 31 C.F.R. § 103.41(e)]

Whoever knowingly conducts, controls, manages, supervises, directs, or owns all or part of an unlicensed money transmitting business, shall be fined in accordance with this title or imprisoned not more than 5 years, or both.
[18 U.S.C § 1960(a)]

A money transmitting business which affects interstate or foreign commerce in any manner or degree and fails to comply with the money transmitting business registration requirements under section 5330 of title 31, United States Code, or regulations prescribed under such section, shall be fined in accordance with this title or imprisoned not more than 5 years, or both.
[18 U.S.C § 1960(b)(1)(B)]

[ProzCoin]

Testing wallets on C-Cex.  ICO will be announced when live, and will be set at 300 Satoshi.

Chris

[kozie60]

Testing wallets on C-Cex.  ICO will be announced when live, and will be set at 300 Satoshi.

Chris

Hey there I bought 1000 coins at the 250 satoshi price earlier in the week at cryptoshoppers. Will my account on C-Cex be credited with the coins when it is up and running and how will the process go to receive them?

[Annie Lockhart]

 

[ProzCoin]

Testing wallets on C-Cex.  ICO will be announced when live, and will be set at 300 Satoshi.

Chris

Hey there I bought 1000 coins at the 250 satoshi price earlier in the week at cryptoshoppers. Will my account on C-Cex be credited with the coins when it is up and running and how will the process go to receive them?

You can send your transaction information to Chrisbates01@gmail.com, and then I can get your Prozcoin address on C-Cex.


Chris

[bitwarrior]

Prozcoin ICO on www.C-CEX.COM is already on going! Congrats to the DEVs.
With only 2.5M coins left.

[placebo]

Sorry but 100M coins is that not a little too much? that is 300BTC!!?? I'm certainly interested in PROZ but the total number of coins is a issue for me.

[placebo]

Also, is PROZ supporting the coin price like SNET did? As that seems to be a pretty good success. Not just sell your coins on the exchange, but give the necessary support. Create the necessary volume to be added on bigger exchange etc.

[ScryptHasher]

Sorry but 100M coins is that not a little too much? that is 300BTC!!?? I'm certainly interested in PROZ but the total number of coins is a issue for me.

and the 100% Premine...  They tend to ignore whenever someone brings that up..

[prospecta]

Wait, pre sale buyers now have to wait for you to pre sell again on Cex before trading...wow...

...and whats with this Omniwallet crap, it wants BTC fees to transfer PROZ out...

[XNext]

Prozcoin ICO on www.C-CEX.COM is already on going! Congrats to the DEVs.
With only 2.5M coins left.

Congrat.
When list for other exchange?

[placebo]

Sorry but 100M coins is that not a little too much? that is 300BTC!!?? I'm certainly interested in PROZ but the total number of coins is a issue for me.

and the 100% Premine...  They tend to ignore whenever someone brings that up..

We are not ignoring anything.  PROZ is through the Mastercoin protocol.  We have built our distribution method through our Proof of Action. 

I just hope that the number of coins will be reduced... people are not crazy anymore to give away so much money without any prove of activity. The people from SNET did it smart. ICO finished, directly put some buy orders on it, and this move the coin higher and give a good feeling for investors, wondering what PROZ will do...

[Burninj]

Ok so 70% of coins in the end of dev??? Are you kidding me?

Sorry but i'll pass for this one...

[ScryptHasher]

Ok so 70% of coins in the end of dev??? Are you kidding me?

Sorry but i'll pass for this one...

I really wish they would re-think their distribution method...

They have so much potential and development... but all coins mined in 1 block is just something investors can't overlook...



I would be more than happy to invest if it wasn't for that 1 BIG catch...

[ScryptHasher]

Ok so 70% of coins in the end of dev??? Are you kidding me?

Sorry but i'll pass for this one...

Distribution Model:  All 100 million coins will be mined in 1 block

10% coins will be evenly distributed to the founding team over 3 years. 
20% ProzCoins will be sold initially on exchanges.  All sold ProzCoins will go 100% to Coin Proz Oy.  The revenue generated from the sale will go to the further advancement of the site and keep as reserves for our merchants who accept Prozcoin.
10% Will be reallocated for PoA/PoW mining rewards
10% for Proof of Action (PoA)
20 % Discretionary spending to have reserves for exchanges/merchants
30 % Unallocated for future plans Cold Stored with multi-sig founder verification for wallet release

The reserves do not go to us.  They will be cold stored.  We will use a larger percentage towards PoA when it is necessary.  More will be allocated to our mining rewards.  We are leaving flexibility for future plans. 

"Distribution Model:  All 100 million coins will be mined in 1 block"


Literally is the only downfall of your coin..  I would like to say your wasting your time spending all these resources developing