[DEFI] Prophecy.io - Community Driven Token - BV_Crypto

Wednesday, December 16, 2020

[DEFI] Prophecy.io - Community Driven Token

 

Introduction
Derived from primitives found in natural life (entropy & psycho-social behavior) PoCD, or Proof-of-Committed Decay, is a consensus mechanism designed to establish an alternative economic policy based on favorable concepts underlying Keynesian, Hyakian, MMT & cryptocurrency economics. While Traditional consensus models such as PoW/PoS handle state related functions; PoCD acts as an added layer on top traditional consensus models baking in enhanced economic properties.


Prophecy is a worth exchange organization of monetarily boosted entertainers that come to agreement on the condition of the organization's monetary strategy. This is the main decentralized working framework for cash. Prophecy use the natives found in inheritance account to give advancements inmonetary strategy. Prophecy token ($PRY) is the token behind Prophecy and prophet yield pools.


Prophecy is furnished with a novel financial agreement motor which influences the normally occuring psycho-social natives found in conventional money related arrangement. Known as PoCD (or Evidence of-Submitted Rot), the motor establishes a financial climate that animates open market interest to battle esteem deterioration.


Gotten from natives found in characteristic life (entropy and psycho-social conduct) PoCD, or Confirmation of-Submitted Rot, is an agreement component intended to set up an option monetary approach dependent on great ideas hidden Keynesian, Hyakian, MMT and digital money financial matters. While Conventional agreement models, for example, PoW/PoS handle state related capacities; PoCD goes about as an additional layer on top customary agreement models heating in improved financial properties.


The PoCD motor which supports the monetary rationale is worked of four conditions; Copying, Marking, Market Reaction, tax assessment; which are additionally refined into 5 modules. While trying to augment PoCD financial rationale, every one of its modules are granulated dependent on a wide range of elements. Systems with a cover in granulation speak to a level of conditions on each other and in this manner make a reformist criticism circle in themselves. Except for "Outside Meta-Measurements", the entirety of the modules are somewhat dependent on each other.


It is said that liquidity is the oxygen of monetary business sectors, and that old resources make for lifeless business sectors. Prophecy has actualized a motivating force boundary that distils network impact through commitment. Prophecy presents the speed inciting Uncovered Duty, an approach to boost Prophecy token utilization in the network.
At the foundation of present day monetary strategy lay the contracting gracefully model of Consuming. Through a precise decrease in the all out circling gracefully, Prophecy drives deflationary properties as a way to hold and develop its market thickness.


Our mission:
  • Establish a sound monetary unit
  • Provide the most complete source of socio-economic data
  • Combat the time-sensitive decay of value in adjacent economic forces
Prophecy understands that the current customer worldview in the crypto business is an Impasse: develop crypto networks are outfitted with hearty central measurements that give recursive development and security. To acquire the sensible natives of the business' computational foundation, Prophecy secures its financial arrangement in the advanced economies state.

Our central goal:

- Build up a sound financial unit

- Give the most complete wellspring of financial information

- Battle the time-touchy rot of significant worth in contiguous monetary powers

A bare-tax structure is utilized to stay away from old resources and boost a network to be dynamic. This permits individuals from the network.This is the means by which it works :Records are offset with Prophecy tokens. Should those tokens stay inert for a time of 3 days (17,280 ETH blocks) at that point they become hailed. Token Records remain hailed for no longer than 21 days (120,960 ETH blocks), after which a bit of the equilibriums are pulled and rearranged (half consumed, 10% Prophet yield pools, 40% Recovery Place).

Hailing will proceed until lifeless resource accounts are depleted underneath 0.1% of their underlying equilibrium. Critically, if during the hailing time frame the assets are actuated, the banner is ceased. This prizes proceeded with investment in Prophecy, (for example, Yield Pools or through marking) and thusly raises the estimation of Prophecy dramatically and constantly.

Flash earning with Prophecy's Prophet yield pools
How pools work
Built to win
Prophecy Roadmap
The Team behind Prophecy

The zenith and exemplification of 'decentralization' is namelessness for the client and obscurity for the group. As a digital money venture conveying genuine and huge effect on the monetary market, we wholeheartedly accept and follow the rule that this task ought to remain exclusively about the undertaking and the unfathomable network behind that.

Prophecy will start with 200 million PRY tokens, with an underlying coursing gracefully of 100 million PRY tokens. This is the measure of tokens we'll begin with prior to consuming timetables start.

- 40% of tokens are held for remunerations through yield pools, marking, and consumes.

- 10% of tokens are saved for advertising and associations

- 10% of Prophecy tokens are saved for liquidity and advancement

- 10% of tokens are bolted group tokens, unavailable for a half year

- 25% of tokens are saved for the elite presale

- 5% of tokens are saved for the private presale

Our team contains amazingly senior and experienced experts inside the crypto-circle, with consolidated many years of involvement between us. We have worked inside Top 100 activities and keep on pushing to improve cryptographic forms of money and DeFi. We would prefer not to be simply the center, we would prefer not to be venerated or turned upward to or treated any in an unexpected way, we simply need to be in the foundation helping push this task and network as far advances as humanly conceivable. Staying mysterious is the encapsulation of decentralization, as it's the task and you the network that genuinely matters.

For more information, you can see it below:

Whitepaper: https://prophecyproject.io/files/prophecy-pry-wp-v0.1.pdf

Profile

Bitcointalk Username: dwinrs
Bitcointalk Url: 
https://bitcointalk.org/index.php?action=profile;u=1196948
ERC-20 address: 0xdD3D0bB3dc3Ec2dA19cb839De1FB47d8D39aaf41

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