Hey everyone, we have some great news.
There was a high demand for protrade.io beta testing access, more than 30 people decided that they wanted to help us test it. We were really glad that happened and decided to make the beta testing PUBLIC.
That's right, protrade.io beta will be open for everybody.
The site will launch in 3 days (15:00h 04/14/2015 GMT +0).
And that's not the best thing we have to share with our investors, after a team meeting to decide the future of PRO it was decided that the first 2 years of protrade.io's fee's * will be used to place PRO buywalls.
More details on this will follow, along with some graphics and a detailed whitepaper but in summary the goal is to make PRO an attractive investment opportunity for people inside and outside the cryptocurrency community, creating volume and, at some point in the future, create a PRO futures market.
The buy walls will first be placed at 0.00002000 BTC and will be raised by 1000 satoshis every quarter, the BTC placed in the buywall will be the sum of the collected fee's until that date minus the BTC bought by the buywalls before that one.
Example: Let's say we collect 10 BTC in fee's in the first quarter and over the second quarter people sell into the buywall and it gets reduced to BTC, let's also say that, over the second quarter we collect 23 BTC in fee's, this means that, the second buywall will have 30 BTC at the time of it's deployment.
Note: There won't be any buywall placement in the first three months of protrade.io's operational time.
http://i.imgur.com/TygzdIZ.pngThank you for your time,
The PRO team
*0.3%
