ABOUT PROOF OF REVIEW
Proof of Review was created to help bring the mining community closer together with trustworthy developers, as well as give traders and investors a better sense of surety. The Proof of Review analysis is designed to communicate with
Proof-of-Work coin developers in a professional manner in order to verify and validate their projects, resulting in a layer of security for PoW miners who choose to contribute their hash power, time and money to each coin.
AIM OF PROOF OF REVIEW
We want to change the way PoW projects are pitched to the community and give miners the chance to vet a project and its developer team before deciding to invest their time and electricity in an effort to reduce the number of scam projects and overall risk to miners.
We came up with the Proof of Review (PoR) concept after a massive influx of scam coins arose on the market throughout 2017 and 2018, mirroring similar “scam cycles” from previous years. The POR concept will consist of a confidential developer rating system based on identification and verification of the team, project, and Github code. We feel that this also gives developers the chance to showcase their talents, pitch their projects and ultimately gather investor interest for their projects.
We are distributing this token to developers and miners as a free airdrop so that those who are truly interested in launching a legitimate proof of work project can mutually benefit from having their efforts verified while offering reassurance to PoW miners interested in developer team verification.
The initial utility of the POR token is for marketing purposes only. In time, the POR token will be used to access the POR developer ratings bot after Phase 3 of the roadmap is complete. The team does not associate any financial value to the POR token.
Contract address for POR token is 0x08c507046e12cd1538741d067d28411f2b922062
- 01 ERC 20 TOKEN TYPE
- 02 1 Million TOTAL SUPPLY
- 03 200,000 POR FOR FOUNDERS
- 04 100,000 POR LIQUIDITY FUND
- 05 POR TOKEN TICKER
- 06 500,000 POR FOR AIRDROPS
- 07 200,000 POR POD FOR DEVELOPMENT FUNDS
TOKEN SUPPLY UTILIZATION
- 50% (AIRDROP FUND) Distributed in airdrops twice a week over a 5-week period to provide the opportunity for the POD tokens to be evenly distributed in the mining ecosystem amongst developers and miners.
- 20% (FOUNDERS FUND) Vested for 1 year
- 20% (DEVELOPMENT FUND) Used for marketing, advisors and bounties.
- 10% (LIQUIDITY FUND) Released in scheduled batches over a one year period to ensure market liquidity.
- 500,000 tokens were distributed over a 5-week period.
- Thanks to everyone who participated
- Further airdrops will be announced via our discord channel
MEET THE TEAM
AMBROID PROJECT REVIEWER
MICHAEL SIMONS DIRECTOR
MARSMENSCH PROJECT REVIEWER
- Airdrop distribution of tokens over 5 weeks
- Website launch with reviews of existing PoW projects and developers
- Launch ANN bot with POR reviews
- POR services to pool owners, escrow services, exchanges
- Development of POR platform