Buy Prosper (PROS)
What is Prosper?
Prosper is a decentralised protocol that bridges institutional-grade Bitcoin mining power on-chain, aiming to unlock the potential of Bitcoin by increasing decentralisation and community participation.
How does Prosper work?
Prosper operates by integrating institutional-grade Bitcoin mining power on-chain. This approach involves directly owning the underlying hashrate that backs the token supply, allowing for governance through community participation. Token holders can take part in governance decisions, stake to receive Bitcoin rewards, and contribute to the ecosystem's development.
What are the potential use cases for Prosper?
Prosper's potential use cases include integrating Bitcoin mining power on-chain and furthering the decentralisation of the Bitcoin network. Initially designed for prediction markets, Prosper now focuses on allowing community-driven participation and ownership in the Bitcoin mining process. The project is also used for governance and staking, where token holders can earn rewards and have a say in future developments.
What is the history of Prosper?
Prosper was initially founded as a non-custodial, cross-chain prediction market and hedging platform by Vladislavs Semjonovs. It was later acquired by Animoca Brands in 2021, which marked a strategic pivot towards integrating Bitcoin mining power on-chain. This shift in focus is supported by investments from prominent entities like BIT Mining Limited and Waterdrip Capital. The project now emphasizes leveraging Bitcoin's network decentralisation and community involvement.
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Frequently Asked Questions (FAQs)
What is the current price of Prosper (PROS)?
The Prosper price is $0.71791273 AUD, representing a -3.58% from the day prior.
Where is the best place to buy Prosper (PROS) in Australia?
The best place to buy Prosper (PROS) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Prosper (PROS) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Prosper (PROS)?
The trading volume of Prosper (PROS) is $3.8K AUD in the last 24hrs, representing a -3.58% from the day prior.
How can I buy Prosper (PROS)?
Prosper (PROS) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Prosper (PROS)?
The current market cap of Prosper (PROS) is $37.5M AUD.
Can I convert Prosper (PROS) to cash?
Yes - With Coinstash you can convert your Prosper (PROS) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Prosper (PROS) are there?
The current circulating supply of Prosper (PROS) is 51.4M.
Is Coinstash a safe place to buy Prosper (PROS) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Prosper (PROS) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.