Looking for a review of Proof Suite ICO / token?
My review will answer the followings questions:
What is Proof Suite?
Why is it getting so much hype?
Does it offer better options to get more profits?
If you are interested in the cryptocurrency, all these questions might have dominated your mind.
For your help, the following is my Proof Suite review.
What is Proof Suite?
Proof Suite is a developed platform that focuses on the creation of an anonymous and decentralized monetary system by utilizing the blockchain technology. This is made to offer technology to boost the individual financial sovereignty without any invention of a third party.
The company is located in the South Korea. But the company is enrolled in Estonia.The company issues 2.362.062 ERC-20 token to support their initiatives. But only half of them can be sold. It has already raised around 1.7 million dollars in the pre-sale and within the shortest period of time.
The proof suite is an automated mission control used in the blockchain-enabled markets. It is designed to introduce a web-application and censorship-resistant desktop leveraging the Assurance Market Protocol for trading the crypto assets and real-world through the Ethereum blockchain. In the current condition, it has more than 10, 000 users. The token holders get the commissions from the equity prediction market revenue and crypto-fiat purchases.
The proof is designing a decentralized banking system that will help the users to exchange the fiat currencies to the cryptocurrencies. The converting system from one currency to another will take less than ten seconds. Moreover, the exchange rates will be calculated automatically from the live prices retrieved from around twenty different exchanges.
The proof dashboard will enable the users to tokenize everything including properties, artworks, and land contracts. The user will have the right to tokenize everything via the proof dashboard. The dashboard comes with the user-friendly interface that will be easily accessed.
Proof Suite Team
The team is made of the experts. The CEO of this company is Mike De’Shazer, the CTO is Tai Kersten, and the CIO is David Van Isacker. Some other popular names in this company are Leon Song, Tobias Disse, Phillip Jun, Jason Holmes, and Eunseo Kim.
Proof Suite Technology
As mentioned earlier, the blockchain technology is used by this company.
The blockchain technology is the creation of the bitcoin.
It is designed to maintain a continuously increasing list of the records while securing from the tampering and revision.
Each block of this chain will contain a timestamp and it will link to a previous link.
It is made to serve as the public ledger for the bitcoin transactions.
It allows every user to connect to the network, make the transactions, verify the transactions, and to create the new blocks.
The proof suite company uses this technology for the following benefits.
Safe: It ensures tamper-proof records of the ownership. The ownership will be transferred through the distributed consensus and decentralization.
Easy accessibility: The user will be able to access a wider audience of the liquidity providers. That will offer more earning possibilities.
P2P: There will not be any brokerage fee and additional expenditure in the absence of the thirty party interventions.
Security: Once the file is uploaded in the decentralized blockchain, there will not be any fear of vulnerabilities. Only the authorities will be able to access that information.
Easy-to-use: It is easy to access the liquidity in the decentralized system. It comes with a user-friendly interface for the easy access and simple usages.
Settlement: The settlement will be more convenient than ever.
In this technology, the settlement is involved with the transaction. Funds will be liquid in an account immediately after the trade.
Private: You can set your account or transaction to private to maintain more privacy. By doing so, your trade and other details will be a list of numbers and letters only.
Portability: In the blockchain, you will not be tied to the platform of the proof suite. You will have the freedom to move your assets to your own wallet.
We are living in a free world. But there is a chain everywhere. The Government and Bank policies make it really hard for the people to protect their hard earned money. You can properly utilize your money in the bitcoin and blockchain technology. There will not be any intervention of the third party. You will have the freedom to move your assets as well.
Proof Suite Conclusion
Proof Suite looks like a good concept and one that could be good. At the time of writing this post they have already raised $3 million.
I won’t personally be investing in Proof Suite but I hope this review has helped give you more clarity on what it’s all about.