PronCoin was created to give it's value based on success of own and other projects in adult industry that uses PronCoin liquidity pool.
PronCoin advisors with years of experiences in the online adult industry, have seen and done pretty much everything and been quite successful at it. Some have been the innovators and changers at various times over the past decades. Now they become partners with programmers and techs from the blockchain arena.
Our purpose is promotion of a CRYPTO CURRENCY that will change the way that people view porn online and will also give regular people a way to anonymously participate in industry that creates billions of dollars on porn each year.
PronCoin Tokens are issued on the Ethereum Blockchain as ERC20 Token. After successfully established partnership with GetOn, all available funds collected at PronCoin Token Sale period were used to purchase tokens from an open market and inject them into the Liquidity Pool. Undistributed tokens were permanently burnt.
Tokens from PronCoin's Liquidity Pool represents so called Available Circulating Supply and are intended to support evolution of PronCoin basic idea, provide the trading liquidity using the GetOn's Dynamic Price Modeling Concept and at the same time give investors the opportunity to participate at future sales of remaining Available Circulating Supply.
According to the algorithm on the PronWold platform, specified actions from platform's respectable users triggers transfers from Supportive Supply - the rewarding supply, to Circulating Supply.
Such user actions preferably include invitations of new members, uploading contents and watching of a published material - hence the slogan "Earn by Watch".
At the beginning of presale, PronCon Team has issued the final quantity of tokens which was 6,900,000,000 of PRON's, initially intended to be used for development.
On January 2019, PronCoin project has established the partnership with GetOn, and beta version of PronWorld has been upgraded with Dynamic Price Modeling Concept and users starts receiving rewards for inviting, uploading and watching content. According to actions the price of token and number of registered users has raised exponentially.
The Dynamic Price Modeling Concept implemented into PronWorld platform prevents irrational rise of crypto-token price and, more importantly, fall its price to an unreasonable value. The intensity of DPMC algorithm is aligned by the actual sales of premium content. Because PronWorld Blockchain Corporation is constantly buying PronCoin tokens on market and burning them to keep market capitalisation at level of 69.000.000,00 EUR.