I saw a contract that was newly launched a couple of days ago, it looks very promising, just a brief chat - #PROS @Prosper - Bitcoin runs on hash
Prosper was once an excellent on-chain liquidity platform, even before Polymarket provided DeFi services for predicting price fluctuations and real-world event outcomes. In October this year, the project team decided to pivot, aiming at on-chain computing power farms, which may become the first DePIN+RWA project in the Bitcoin ecosystem. In mid-November, it received investment from crypto mining company BIT Mining, the amount of which has not been disclosed.
In simple terms, the core of this project is to re-empower Bitcoin computing power, combining the functionalities of DeFi to transform computing power back into liquidity, providing more possibilities for the entire mining power industry. The main business involves buying mining machines for direct mining, with mining partners contributing computing power responsible for on-site maintenance and operations, hoarding BTC like MSTR, integrating the 'Bitcoin mining' and 'MicroStrategy (MSTR) model' into a Web 3 project.
It seems that aside from hoarding coins having some use, there isn’t much innovation left, but the brand is being repackaged for relisting, and the existing token functions and token economics will be significantly enhanced, which has already attracted funding attention. Its token $PROS earlier launched in the form of a DeFi token on the largest cryptocurrency exchange Binance. Looking at next month's K, everyone will notice some clues.
$PROS currently has a market cap of 33 million, FDV of 72 million, and after Prosper's market research, there may be a new valuation reflected, now could perhaps be a good time to discover value.
Old coins carry risks, profits are self-taken, and losses are borne by oneself! #DYOR