Prophecy token ($PRY) is the token behind Prophecy and Prophet Pools.
Prophecy is a value transfer network designed from the ground-up to reinvent crypto services. Deeply social, deeply connected, and deeply innovative, Prophecy is changing the way we interact with crypto forever.
This is Built to Win. Prophecy leverages community participation and incentivized engagement to ensure a permanently decreasing supply.
Gone are the days of waiting weeks or months for yield rewards.
Prophecy's Prophet Pools let you earn in a flash so you never have to wait for your earnings. Winners receive earnings immediately after a yield pool concludes.You could enter a pool, win a massive amount of tokens, and receive them within minutes. Prophet pools are an innovative twist on existing yield pool structures, flipping the system on its head and ensuring a majority of participants win, instead of the minority.
Pools are formed and participants enter, with an 80% chance of winning at the pool’s closure. In the future, users can start their own pools. Prophet pools will feature ways to invite friends or followers to the participate in pools.
Community driven. Future focused. Built to win.
Prophecy is equipped with a novel economic consensus engine which leverages the naturally occuring psycho-social primitives found in traditional monetary policy.
Known as PoCD (or Proof-of-Committed Decay), the engine creates a monetary environment that stimulates open market demand to combat value depreciation.
With every interaction that users have with Prophecy, they're on their way to winning. We envision a future where everything you do in the Prophecy ecosystem has a potential for rewards.
Whether getting a second chance to recoup earnings from Prophet Pools or winning random special-function NFT's, we're here to make sure the community, not just the team, wins.
At the cornerstone of modern economic policy lay the contracting supply model of Burning. Through a systematic reduction in the total circulating supply, Prophecy drives deflationary properties as a means to retain and grow its market density.
Stabilizing demand through the art of Burning.
Prophecy realizes that the current consumer paradigm in the crypto industry is a Catch-22: mature crypto networks are equipped with robust fundamental metrics that provide recursive growth and security. In order to inherit the logical primitives of the industry's computational infrastructure, Prophecy anchors its monetary policy in the digital economies state.
Fueling economic indemnity with Meta-Metric.
The pinnacle and epitome of ‘decentralization’ is anonymity for the user and anonymity for the team
As a cryptocurrency project delivering real and significant impact to the financial market, we wholeheartedly believe and follow the principle that this project should remain solely about the project and the incredible community behind that.
Our team comprises of extremely senior and experienced professionals within the crypto-sphere, with combined decades of experience between us. We have worked within Top 100 projects and continue to push to innovate cryptocurrencies and DeFi.
We don’t want to be the focus ourselves, we don’t want to be idolized or looked up to or treated any differently, we just want to be in the background helping push this project and community as far forwards as humanly possible.
Remaining anonymous is the epitome of decentralization, as it’s the project and you - the community - that truly matters.
Expect our roadmap to be kept up to date as we roll new features out through 2021 and beyond.
· Private sale
· Public pre-sale
· Prophecy token launch
· Token listed for trading
· Prophecy platform launch
· Staking v1 launch
· Staking v2
· Token listing on CMC
· Yield farming v1 launch
· Collectibles v1 launch
· More exchanges
· Prophet pools beta
· Burning commences
· Website Re-design and New Branding
· Prophecy: Platform Re-design
· Prophecy: Cross-Chain Prophet Pools V1
· Prophecy: Second Chance Pools V1
· Prophecy: Dashboard V1
· Prophecy: Staking V3
· Prophecy: iOS wallet app
· Prophecy: Android wallet app
· Prophecy: Tiers V1
· Prophecy: Cross-Chain Prophet Pools V2
· Prophecy: Create your own prophet pools V1
· Prophecy: Activity History
· Prophecy: Points and NFT Redemption V1
· Prophecy: Staking V4
· Retina: Powerswap OTC V1
· Retina: Pandora V1
· Retina: Athens DAO V1
· Integration with DeFi Protocols
· Prophecy: Cross-Chain Prophet Pools V3
· Prophecy: Tiers V2
· Prophecy: Create your own prophet pools V2
· Prophecy: Points and NFT Redemption V2
· Retina: Elysium V1
· Retina: Powerswap V2
· Retina: Pandora V2
· Retina: Athens DAO V2
· Prophecy: Farming V2
· Prophecy: Points and NFT Redemption V3
· Retina: Pandora V2
· Retina: Elysium V2
· Retina: Powerswap V3
· Retina: Athens V3
· More to come
Prophecy will begin with 200 million PRY tokens, with an initial circulating supply of 90 million PRY tokens. This is the amount of tokens we'll start with before burning schedules begin.
· 50% of the token supply is allocated to liquidity and rewards.
· 15% of the token supply is allocated for audits, marketing, and partnerships.
· 10% of the supply is allocated for team reserves.
· 25% of the supply is allocated for the private sale and presale distribution.
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.
The PoCD engine which underpins the economic logic is built of four dependencies; Burning, Staking, Market Response, taxation; which are further refined into 5 modules. In an attempt to maximize PoCD economic logic, each of its modules are granulated based on a variety of different factors. Mechanisms with an overlap in granulation represent a degree of dependencies on one another and thus create a progressive feedback loop in themselves. With the exception of 'External Meta-Metrics', all of the modules are to some degree reliant on one another.