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Proof Suite (Proof)


Proof is a marketplace for creating and purchasing tokens backed by real world assets or other cryptocurrencies. Proof also provides the ability to transfer Bitcoin and Ethereum.

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Project industryBusiness Services & Consulting
Product typePlatform
FoundedKorea, Republic of

Technical details

Beta version available at and on Google Play at

What is Proof Suite

Humans are not infallible. This fallibility is a strong driver of the uncertainties around the outcomes of future events. Other factors, such as natural events outside the control of humans, also contribute to uncertainties. Any system which involves humans cannot be expected to work in an exact, predetermined fashion, as could a simple digitally computed algorithm. In financial markets, the level of uncertainty drives the perceived risk associated with a given investment. Systems which allow market participants to financially stake their predictions on future outcomes as a form of insurance for those that rely on certainty exist today in the form of futures and options markets. These futures and options markets are typically complex, commonly consisting of centralized marketplaces, trusted market participants, registered brokers, various regulatory oversight bodies, and varieties of process ambiguity.

We propose a simple and digestible user experience for investing with simultaneous insurance protections governed by (and with the certainty of) immutable digitally computed algorithms. This proposed experience is driven by the Assurance Market Protocol (AMP). The AMP is a set of protocols and smart contracts that provide for a truly decentralized marketplace, involving untrusting counterparties whom might not be aware of each other's’ true identities. The counterparties are able to trade ownership of physical and nonphysical assets without the need for brokers or traditional financial institutions to handle fiat currency. This activity occurs within a self-regulating, unambiguous environment built upon the cornerstones of deterministic, automated custodianship of financial assets and crowdsourced underwriting.

Proof is a diverse financial asset marketplace that leverages blockchain technology to track ownership records of market participants. Within Proof, market participants are represented by blockchain addresses which perform transactions directly between one another by leveraging smart contracts which act as autonomous, preconditioned, escrow accounts. Proof also produces tools for creating and deploying smart contracts, producing legal documents for blockchain-related activities, and managing blockchain-based promotions, such as Initial Coin Offerings, commonly known as ICO’s.

Proof’s flagship product, the Proof Dashboard, serves thousands of users, integrating with various Proof Suite blockchain-oriented tools to empower new kinds of businesses serving its investors and token holders. While all asset records are stored on various decentralized blockchains, there are areas of centralization which we are converting into decentralized processes. These processes include:

  • Curation of featured investments or coin offering based on trustworthiness of the issuers
  • Creditworthiness and reputation scores of token issuers
  • Holding of fiat currency, such as U.S. Dollars and Euros Conversion of fiat currency into cryptocurrency
  • Details

    Public sales: Nov 01, 2017 - Nov 30, 2017
    Raised: 3,100,000 USD


    Blockchain Platform: Ethereum
    Registration country: United States
    Office address: Domiciled: Roosikrantsi 2 10119 Tallinn, Estonia
    Development: Sambong-ro 81 Seoul, KR

    Token info

    Ticker: Proof
    Dividends: Dividends are made available to Proof Token holders immediately upon crypto-fiat purchases, as well as commissions from currency and asset prediction market event resolutions. This process requires no trust in Proof.
    Token price in ETH: 1 Proof = 0.05 ETH
    Accepted currencies: ETH
    Token distribution:
    There is a total supply of 2,362,062 Proof tokens. 50% of tokens (1,181,031) will be offered for sale in the initial coin offering. Proof tokens will be offered for .088 Ether/token on Oct. 8th, 2017 at 8pm (GMT+8). -50% will go to ICO participants -33% tokens will go to Proof -15% to Ethereum Scaling Initiatives to support Metropolis and Casper - 2% will go to to Proof's bounty program

    Project team

    Tai Kersten
    Tai Kersten
    Tai Kersten linkedin
    Mike De'shazer
    Mike De'shazer
    Mike De'shazer linkedin
    David Van Isacker
    David Van Isacker
    David Van Isacker linkedin
    Phillip Jun
    Phillip Jun
    Director of Partnerships
    Phillip Jun linkedin
    Jason Holmes
    Jason Holmes
    Head of Consumer Acquisition
    Eunseo Kim
    Eunseo Kim
    Office Manager
    Eunseo Kim linkedin
    Leon Song
    Leon Song
    Communications Manager
    Leon Song linkedin
    Tobias Disse
    Tobias Disse
    Tobias Disse linkedin


    Scott Thiel
    Scott Thiel
    Senior Partner, DLA Piper
    Scott Thiel linkedin
    Rick Winnard
    Rick Winnard
    Global Head, Symbiont
    Rick Winnard linkedin
    Ruslan Gavrilyuk
    Ruslan Gavrilyuk
    CEO, Taas Fund
    Ruslan Gavrilyuk linkedin
    Moe Levin
    Moe Levin
    CEO, Keynote
    Moe Levin linkedin
    Priyanka Bolleni
    Priyanka Bolleni
    IBM Blockchain
    Priyanka Bolleni linkedin
    Dimitri Chupryna
    Dimitri Chupryna
    Co-founder, TaaS Fund
    Dimitri Chupryna linkedin
    Maksym Muratov
    Maksym Muratov
    Co-founder, Taas Fund
    Maksym Muratov linkedin
    Michal Filipowski
    Michal Filipowski
    Chief Strategist, Samsung
    Michal Filipowski linkedin
    Maurice Tanas
    Maurice Tanas
    Director, ISAM Middle East
    Maurice Tanas linkedin

    Social media

    Proof Suite web-siteProof Suite MediumProof SuiteYouTubeProof Suite BTCTalkProof Suite TwitterProof Suite FacebookProof Suite SlackProof Suite Github


    Google Play

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