Company Information

Get to know Prophet Token

Prophet Token is a community-driven cryptocurrency project launched in early 2021. Its core mission is to create a sustainable passive income stream for its token holders ($PRO). The protocol operates on the Binance Smart Chain (BSC) and incorporates a "tax" on every transaction, a portion of which is automatically redistributed to existing holders (reflection) and another portion is added to the liquidity pool to ensure stability. The project aims to build a broader ecosystem around its token, including potential ventures into NFTs and other DeFi applications, functioning as a decentralized, autonomous organization.

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Crypto CryptocurrencyPRIMARY
Financial Other Service

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Prophet Token

United States

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

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ASIC

Security Information

Warning

This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.