A LOOK AT THE PROB TOKEN
The Probit exchange has been launched and the ico stages up till this point has been very impressive even in the bearish market we duel in now. This goes go show you how much of a project Probit is, as it doesn't need bull run to make perfect sales . The thing about good projects is that they speak for themselves, for this reasons the Probit presale and private sale met a very great turn out. The team therefore decided the main sale will last just one day for lucky investors . The reason why I have said all this is because on this article I will be looking deep into the Probit Token(PROB)
What is Prob?:- The Prob token is utility token that is native to the probit exchange, ths token is mainly used in paying transaction fees on the probit exchange .
CHARACTERISTICS OF THE PROB TOKEN
It is an Erc-20 token which means it leverages on the ethereums blockchain, and also means there will be a lot of easy future listing of the token on other exchanges.
The prob token will be listed on the probit exchange as well as other exotic coins like bitcoin and ethereum. The Prob token will have a trade pair with each of this exotic coins , we can hence calll them exotic pairs .
The prob token has a total and unchangeable supply of 200,000,000 Prob..
Only 20,000,000 prob token will be put up for sale
100,000,000 prob token is available for mining
40,000,000 prob token is reserved for the team
40,000,000 is reserved for the exchange users as well
USECASES OF THE PROB TOKEN
It is used for paying transaction charges on the probit exchange
The Prob token can be used to pay listing fees by projects that wish to get listed on the exchange
When trades are carried out with the prob tokens , discounts are offered by the exchange
Holders of a particular amount of Prob token have the right to vote for particular coins they want to get listed on the probit exchange platform .
Premium Prob holders also get great benefits from the probit exchange platform.
The prob token can also be mined as about 50% of the total supply will be allocated for mining. This means 100,000,000 prob tokens can be mined.
Huge discounts will be given on trades done with the Prob token.
To enable the prob token do well, the tokens bought by investors during private sale will have a lock period of about 3-6 months. This is to allow main sale investors rip the best out of their investments, while keeping the private sale investors with their huge stack of coins .Also to show how committed the Probit project is to its tokens, they made sure that all unnecessary dump is avoided , and for this reason bounties were not done with prob tokens. This is because bounty hunters and marketers can be very good at dropping the price and this is not good for the investors . Asides that measure to prevent an unreasonable dip, the Probit project also made a promise to make use of 20% of the profits made in the exchange to buy back the probit tokens from time to time until total of 50,000,000 probit tokens have been bought back from the mined tokens.
THE TEAM
For one to achieve a successful project like probit, one needs to have a team of professionals with brains and goal minded attitude to be able to get to this point in the probit. The picture above shows the list of professionals that came together to make probit what we know of it today .
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name :- CIA TONY
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