|All Time High:|
|Market Cap: |
|The price of #PROS today is $0.27 USD.|
The lowest PROS price for this period was $0, the highest was $0.269, and the current live price for one PROS coin is $0.26934.
The all-time high PROS coin price was $9.76.
Use our custom price calculator to see the hypothetical price of PROS with market cap of BTC or other crypto coins.
|The code for Prosper crypto currency is #PROS. |
Prosper is 2.7 years old.
|The current market capitalization for Prosper is $8,182,928.|
Prosper is ranked #535 out of all coins, by market cap (and other factors).
|There is a big volume of trading today on #PROS.|
Today's 24-hour trading volume across all exchanges for Prosper is $1,962,713.
|The circulating supply of PROS is 30,380,913 coins, which is 30% of the maximum coin supply.|
|Note that there are multiple coins that share the code #PROS, and you can view them on our PROS disambiguation page.|
Circulating supply update
Hello everyone, We would like to communicate that our circulating supply as displayed on Coin Market cap has just been updated. The new circulating supply is around 28.4M $PROS This update accounts for tokens from our treasury wallet (0x285b3412cc9ae0be52ee2503a82dab87a6c05dcd) sent to Binance for liquidities. We are working with market makers and they requested tokens as part of the MM service. There has been a strong rise in both token and volume after our BUSD pair launch with Binance so it’s expected that we must offer tokens into the market as MM. Such market making is required to temper down volatility and avoid pump and dump situations which hurt users, which is important especially as we are having our world cup event., This update also accounts for about 3.1M of old founder tokens that were split from our team wallet (0x285b3412cc9ae0be52ee2503a82dab87a6c05dcd) to be held on different wallets. This is normal operation and follows AnimocaBrands’ aquisition of the project last year. Current position of their holders is to hold, and these tokens have NOT been sold into the market. They’re now considered circulating but they’re just being held on different addresses, Thanks for your attention, Circulating supply update was originally published in Prosper on Medium, where people are continuing the conversation by highlighting and responding to this story.
Improving our organization
Project update. — Dear Community, we have some amazing news to share. Prosper is entering a new epoch with new priorities and plans. Let’s learn more about it. — Current situation - Acquired a year ago by AnimocaBrands, Prosper continued working on its original products (Crypto and Social predictions) and got involved in other projects and games of the AnimocaBrands’ ecosystem. We kept you tuned to all our steps. For instance, we shed the light on the development of Prosper Votes, a platform for NFTs evaluation via voting, and pitched Prosper DAO. As a result, we got 4 products lined up, some functional but paused, some under testing, and some still under development. Thus, we realized that our strategy and priorities should be reshaped and the overall direction of the project be clarified. — Management update - To restructure our strategy and priorities, we appointed a new Project Manager and a new Business Development Manager. They both are not new to the company: Raf (Sna) and Hugo (Gogote) have been following / working with the project for the past 2 years. They will be responsible for team and resources management, supervising product strategy and development. They will also help the project to develop more synergies with other projects, especially within AnimocaBrands’ ecosystem. — What Is Next? - Don’t worry, we are not starting over and will be relying on everything that has been deve...
Circulating Supply Update
Display fixed on CoinMarketCap and CoinGecko Team statement Dear community, We have had some questions and feedback concerning the recent change of the $PROS circulating supply given by CoinMarketCap and Coingecko. We would like to address them and make sure everything is transparent. Before we start, we would like to enforce that this change is only a display update and does not represent an actual sudden increase of the number of tokens on the market. — Past situation. — Until a few days ago, the $PROS circulation supply was displayed on CoinMarketCap and CoinGecko as about 4.5M, as we had originally declared it at project launch. The Full tokenomics of $PROS have always been public and could be found on our medium here. We think that it is important to outline that according to these tokenomics, our overall unlock of tokens to date should be above 50% of the total supply— more than 50M tokens. However, we have been working on the project with minimal expenses and will continue to do so. We are building what we believe is a great project and have no intention to sell or transfer any tokens unless duly justified and transparently communicated to the community. As a result, we have kept them locked and the current effective circulation amounts is significantly lower than publicly stated in the tokenomics. Until now, the circulating supply numbers on CMC and CG were not taking the vesting completion of our inve...
Project Update — July 2022
Project Update — July 2022 Hello community. As we progress into July, we would like to update you on what the project has been doing over the last weeks and what comes ahead. As pitched during the last updates, we are developing Prosper into a series of products. — 1. Prosper.DAO. — As teased during the June update, we have been working on a new product, Prosper.DAO. The Prosper.DAO will be a DAO package allowing projects to deploy their own DAO with unique features such as ability to have their community voting with both their tokens and NFTs. We are currently working on the Flow network and will be implementing other chains. We are completing the development of this new product and in the process of testing it. We are planning for a release in the coming weeks. — 2. Prosper.Votes. — We ended our Prosper.Votes test surveys a few weeks ago and are in the progress of finetuning our NFT selection method. We’ll then be working on ways to integrate the Prosper.Votes product. — 3. Prosper Crypto Predictions. — Predictions are our historic product. We have currently stopped our crypto prediction pools and are working on finding a way to relaunch them with better settings allowing for better volumes. Crypto Predictions are hedging financial products, which the current crypto market conditions have slowed down a lot. — 4. Prosper Social Predictions. — As already announced, we...
AMA report and Project Update
June 22. — Hello community, You will find below a report of the AMA session from Wednesday June 8th, acting as a project update of what happened over the last weeks and what is coming next. We have grouped questions by themes rather than chronological order of the AMA for more clarity. Have a good read! — About the Prosper Votes product. — Will you integrate [Prosper.Votes] on platforms like Opensea and work with large NFT projects? We are currently working on automatic selection of NFTs for comparison in the Prosper.Votes project. It’s too early to talk about integrations with large NFT projects, but there are such plans. Prosper Votes was launched to help NFT owners or prospective buyers get a proper estimate of the price of their NFTs. Can you tell us how it works? Why do you believe this is such a great idea that will solve a major problem in the NFT Market? At the moment, we are manually selecting NFTs with similar indicators that are actively traded for voting at the first stage. The aim of the first stage is for users to place NFTs according to their value, and as a result, the algorithm determines the approximate price range for an NFT. Then, for a more accurate assessment, a second stage of voting is carried out, in which users obviously choose a narrower price range. After that, we analyze the results of the two stages and get the final result. This will allow you to predict the prices of the ...
Prosper Votes Update & AMA
Monday April 11th, 16:00 UTC Following our first Prosper Votes test survey, we have worked on tweaking the Prosper Votes system and would like to give a quick update, followed by an AMA session as suggested by the community. — The first Prosper Votes test survey.. — Our first survey held a few days ago lasted 3 days and topped at 50 participants. They took an average of 2 minutes and 57 seconds to votes, ranging from 7 seconds to almost 33 minutes. 25 Winners shared 250 pros and all participants received 1 Pros. We obtained a positive feedback, with no major issues and a product working as expected. In this first survey, we had introduced a margin of error for the final results. In the next surveys, we will gradually reduce it and monitor the quality of our users’ voting results. — What’s up next ?. — We are designing Prosper Votes as an opportunity to collaborate with NFT authors who want to know the price of their NFTs. Eventually, we plan to combine several types of surveys within the Prosper Votes process to maximize the overall quality of NFT price research, and will introduce in the coming days our second type of survey An approximate workflow will be as follows: we receive an application to determine the price of the NFT, we then analyze the collection and select the appropriate NFT parameters for the first stage of the survey (the one we already tested), then based on the results we laun...
Prosper Votes launch — March 25th
Prosper Votes launch — March 25th We are happy to announce that our Prosper Votes live test phase will start tomorrow March 25th, 2022. As explained in the Prosper Votes introduction article, we will be introducing our new service in an incremental way so that we can control and adjust the behaviour of our algorithms with real human use. Tomorrow we will start with a first Survey open to 20 people minimum and 50 people maximum. As an incentive to participate, each Voter will receive 1 $PROS and all participants who voted correctly will share a reward of 250 $PROS. As soon as the 50 people max participation is reached, the Survey will be closed and we will take time to assess how this first iteration went before we introduce a second bigger Survey. We will keep iterating like this until we are confident the algorythm behaves as intended. Rest assured this is totally safe for your funds as the platform main functions have already been tested and we only need testing and community feedback on the sorting algorythm. In order to participate, you will need to lock 2 $PROS on the Voting platform, as an anti-bot measure. If you want to get ready, you can prepare yourself by following the guide below >>>>>>>>>>>>>> Prosper Votes User Guide <<<<<<<<<<<< We will announce tomorrow when Prosper Vote is LIVE and the first Survey starts, so keep an eye on...
Prosper Votes user guide
Step by step how to use Prosper Votes1. Set up Metamask on the BSC If you already have a Metamask wallet set up on the BSC, and know how to transfer $PROS on it, please jump to 3. Use Prosper Votes If not, please follow this link to download metamask extension for your browser : Download Metamask Follow the steps to open your own metamask account. Now, Set up Binance Smart Chain on Metamask: Once your Metamask wallet is ready, you will need to manually add the BSC chain to it, as Metamask is natively set up on the Ethereum network. To do so, click on the “Account” picture (1) then “Settings” (2) In “Settings” go to “Networks” (3) then click on “Add Network” (4) In the “Network” window, paste the following parameters :Network Name: Binance Smart ChainNew RPC URL: https://bsc-dataseed.binance.org/ChainID: 56 (if 56 doesn’t work, try 0x38)Symbol: BNBExplorer: https://bscscan.com Then click on “Save” (5) and verify the Binance Smart Chain Network has been properly added to you networks (6) Congratulations! You’ve successfully added Binance Smart Chain to your Metamask wallet. Use the switcher located at the top of the metamask window to change the network.2. Send $BNB and $PROS to your metamask In order to use the Propser Votes platform, you will need to own $BNB to pay for fees and $PROS in your Metamask wallet on the $BSC. You can either swap $PROS directly from the BSC decentralized...
Introducing Prosper Votes
Prosper launches decentralized NFT pricing estimation. Following our latest project update, we would like to introduce our newest product that we’re very axcited about: Prosper Votes. — What is Prosper Votes ?. — Prosper Votes capitalizes on Prosper’s collective intelligence leveraging experience by helping NFT owners or prospective buyers positioning NFTs in a price range. — How does it work ?. — On the Vote creation side, NFT owners will be able to initiate a vote in which they will input their own NFT, and a reward amount. The system will then gather 9 more NFTs from the open markets and submit all 10 NFTs to voters. On their sides, voters will be submitted the 10 NFTs in a 1 vs 1 price comparison where they will vote for the one they think costs the more. The system will then iterate the votes until it is able to position the Vote Creator’s NFT amongst the already priced ones, and output a price-range for it. Voters share the Vote’s rewards as compensation for their time. — Why is it a great concept ?. — We have identified that it is often complicated for NFT owners or buyers to estimate the value of their tokens / the tokens they have their eyes on. Due to the auction systems, it is often complicated to match their NFTs or collections to the current market, with some of the prices being old auctions, some being fake prices, etc. The idea is then to help them, for a bount...
Hello Prosper Community, We know it’s been a long time since we updated you about the project’s progress, and we thank you for your patience. We feel like we are now close enough to launching our new service to give you some more informations about what’s coming. As you know, following AnimocaBrands’ acquisition back in september, we started a process of discussing and conceiving with them the future of Prosper as a prediction project. By then, we already had developped our Crypto and Social Predictions platforms, and were looking for solutions on how to integrate Prosper with Animocabrand’s grand vision. It was not an easy process because predictions are sort of an isolated collective intelligence tool and financial product at the same time. Anyway, the main information here is that we finally decided to embrace Animocabrands’ leading acquisitions and global strategy about NFTs, and have been working on ways to deploy Predictions to NFT projects. It is quite a big move off our precedent path, which is why we’ve taken the time needed to confirm and develop before communicating too much. This new development required quite a lot of time and efforts as it also moves us away from pure binary predictions, to offer a product that is easier to apprehend and use for the mass-market. All of that while retaining the concept of leveraging collective intelligence that is the essence of Prosper. We believe this new direct...
More Prosper (#PROS) News
|Ethereum Core Devs Weigh Pros and Cons of Raising Validator Threshold Fr...
Ethereum's core developers are engaged in discussions about raising the validator threshold from 32 ETH to 2,048 ETH. This proposal, put forward by Michael Neuder, a researcher from the Ethereum Foundation, aims to address concerns related to decentralization, inflation, and the size of the validator set. Neuder acknowledges that the existing threshold promotes decentralization, but he also highlights the drawbacks of inflation and the substantial number of validators that it entails.Ethereum Developers Want to Raise the Validator Threshold
During the latest Ethereum core developer consensus meeting, a gathering of ETH software engineers and researchers, an intriguing notion emerged for elevating the validator threshold from 32 ether to 2,048 ether. As it stands, aspiring validators must possess roughly 32 ETH to commence the validation process, but this proposed adjustment would amplify the threshold by 64-fold.
The individual behind this idea is Michael Neuder, a researcher from the Ethereum Foundation, who presented his proposal titled 'Increase the Max_Effective_Balance.' In addition to this proposition, Neuder delved into the realm of auto-compounding validator rewards, stimulating further contemplation and dialogue among the attendees.
'Without a validator set contraction, single-slot finality is not feasible using the current designs,' Neuder's proposal details. 'Without single-slot finality, we believe that enshrined PBS is also not viable. Additionally, the current p...
|Pros and Cons for Bitcoin Related to BRC-20 Token Standard: Bitfinex Rep...
The latest buzz in the crypto world revolves around the newly introduced Bitcoin token standard (BRC-20), which has garnered considerable attention and favor owing to the recent memecoin craze. Despite the ongoing hype, the token standard is still subject to certain constraints concerning the broader crypto landscape.
A recent report by leading crypto exchange Bitfinex has emphasized the token standard's potential and the significance of identifying more use cases to expedite its widespread adoption.
The BRC-20 Token Standard
In March, the BRC-20 token standard, known as 'Bitcoin Request for Comment,' was established utilizing the Ordinals protocol. Originally designed to facilitate the creation of Bitcoin non-fungible tokens (NFTs) by inscribing data such as images, videos, codes, and text into the witness portion of BTC transactions, the protocol has evolved to allow for the distinctive transfer of fungible tokens on the blockchain.
According to data from brc-20.io, the market capitalization of BRC-20 tokens had exceeded $900 million at one point, with more than 14,400 tokens issued. However, the market has declined to approximately $542 million at the time of writing.
Since the introduction of Bitcoin-based fungible assets, transactions on the network have surged, with BRC-20 Ordinals transactions surpassing non-BRC-20 transactions by over four million, according to data from Dune Analytics.
Some of the most in-demand BRC-20 tokens include ORDI, NALS, PIZA, PEPE, and MEME....
|Bitcoin Could Prosper Amid the US Banking Crisis, Financial Advisor Bern...
Analysts at Bernstein Private Wealth Manager think the shaking banking system in the United States could benefit bitcoin adoption and potentially increase the price of the asset.
The experts went further, advising people to invest in BTC, which could soon enter a new bull run due to the shaking condition of traditional finance.
Weak Banks Could Pump BTC up
Analysts Gautam Chhugani and Manas Agrawal believe the banking crisis in America could worsen in the future and suggested bitcoin might emerge as a savior. In their view, the numerous bank collapses could push investors away from traditional finance, triggering a mainstream adoption and a new bull run for BTC.
'The safe haven signal will lead to a new crypto cycle, pushing digital wallets as on-chain savings accounts. The gap between Treasury rates and bank deposit rates will continue to hollow out banks, with weak balance sheets leading to another round of mass migration to money markets.'
Recall that the US authorities shut down Silvergate Capital, Signature Bank, and Silicon Valley Bank (SVB) in March after they disclosed severe liquidity difficulties.
The concern of a potential contagion in the sector intensified recently after First Republic Bank (one of the top 20 largest financial institutions in the US with over $200 billion of assets under management) saw its shares crashing to record lows. The 55% drop (on a weekly basis) occurred shortly after the entity revealed its disappointing Q1 earning...
|Undestand Bitcoin Now to Prosper in the Future, Says the CAR's Pre...
Faustin-Archange Touadéra - President of the Central African Republic (CAR) - urged people to understand bitcoin's 'disruptive power to bring long-term prosperity.' In his view, the primary cryptocurrency could serve as a lifeboat during the turbulent economic times nowadays.
'Understanding Bitcoin is Crucial'
In April this year, the Central African Republic made the headlines becoming the second country after El Salvador to make bitcoin legal tender. The local authorities raised hopes that this could boost the financial recovery and bring other benefits to one of the poorest nations in the world.
Shortly after accepting the legislation, President Faustin-Archange Touadéra stated: 'Mathematics is the language of the Universe. Bitcoin is universal money.'
In a recent tweet, he doubled down on his support, advising individuals to acknowledge the asset's merits. Those who do so could generate long-term wealth, vital in times of inflation, military conflicts, and economic crisis that reign across the globe:
Understanding #Bitcoin is crucial to acknowledge its disruptive power to bring long term prosperity. Mathematics don't account for human emotions.Future generations will look behind at these very moments to our strength & unity in choosing the right path during hard times #BTC
— Faustin-Archange Touadéra (@FA_Touadera) June 14, 2022
Earlier this month, Touadéra claimed bitcoin is a currency that could improve the world due to its decentrali...
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Pros and cons are always essential to consider, even in a variety of contexts. When picking a trading platform, it is vital to create and review a list of pros and cons to be certain the right decision is being made. It is also important to decipher between which platforms are the pros they say they are or if they are complete con artists.
PrimeXBT is a trading platform with a lot of pros, and like any platform has some cons to consider. Because the pros so heavily outweigh the cons in this situation, we are instead in this review hoping to determine if PrimeXBT is the professional platform it claims to be or if it is another con artist crypto trading venue worth passing by.
About PrimeXBT: Pros Versus Cons
Launched in 2018, PrimeXBT is an award-winning multi-asset margin trading platform offering lightning-quick order execution with no slippage and ultra-fast reliable performance with as much as 99.9% uptime. More than 100 of today’s most popular trading instruments are included across crypto, forex, commodities, and stock indices.
Pro: Flexible Currency Options
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Pro: Buy Crypto Here
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|Bank of England Taps MIT to Research CBDC Pros and Cons
After bashing the cryptocurrency industry for years, the Bank of England has decided to go down the central bank digital currency path by collaborating with MIT. Thus, England's central bank has become the second such institution to partner with the prominent university on the matter.
BoE Joins Forces With MIT
The announcement shared earlier this week informed that the two entities began their collaboration on whether the banking institution should develop and launch a CBDC back in February this year.
The Massachusetts Institute of Technology's Digital Currency Initiative (DCI) agreed on a twelve-month research project to determine the pros and cons of digitalizing the pound. More specifically, the team will look into 'potential technical challenges, trade-offs, opportunities, and risks involved in designing a CBDC system.'
It's worth noting, though, that this research doesn't necessarily mean that the BoE will launch a CBDC.
'This work is focused on exploratory technology research and is not intended to develop an operational CBDC. No decision has been made on whether to introduce a CBDC in the UK, which would be a major national infrastructure project.' - reads the statement.
The Bank of England and its Governor - Andrew Bailey - have been among the most vocal critics of the crypto industry, claiming that people should be prepared to lose all their money if they invest in bitcoin. However, the institution has not yet bet big on a CBDC, unlike many other central banks that h...
|The Pros and Cons of a CBDC, According to the Federal Reserve
The central bank of the United States – the Federal Reserve – released a discussion paper that examines the advantages and disadvantages of rolling out a potential US CBDC. This is the first conversation that the Fed has organized with the broad public to determine whether and how the digital version of the dollar could benefit the domestic financial system.
Pluses and Minuses
While numerous countries, with China leading the pack, are racing to issue their own central bank digital countries and implement them in their monetary network, the USA is in no rush. More than a year ago, Jerome Powell – Chairman of the Federal Reserve – assured that the world’s leading economy will first “carefully and thoughtfully” examine the matter before jumping into decisions.
In a recent report, the Fed outlined the most significant pros and cons of such a financial product.
“We look forward to engaging with the public, elected representatives, and a broad range of stakeholders as we examine the positives and negatives of a central bank digital currency in the United States,” Powell said.
Jerome Powell Source: BBC
The institution noted that consumers and businesses have long held and transferred money in digital forms, including bank accounts or online transactions. As such, a potential central bank digital currency could continue the trend and provide a “safe, digital payment option for households and businesses.” Additionally, ...