CoinPro Latest News (Last updated: February 15, 2014)
February 15, 2014 - Public beta update #1
Since the start of the public beta it has been very hectic. Growth, feedback and enthusiasm from the community has been overwhelming. 34 reported bugs have been fixed, 101 withdrawals have been processed successfully and 487 emails have been answered.
From all the feedback we gathered we saw some questions coming back. Questions ranging from, "what are the future plans of QoinPro.com and how can you give coins away for free?" to "how many people may sign-up per household?".
To address the questions, we've launched a FAQ (Frequently Asked Questions) page which can be found here :
FAQ: Frequently Asked Questions
The questions and answers here relate to QoinPro.com. For other information, please refer to the menu on the right
How do you make money and how can you give away coins for free?
We realize that our business model isn't immediately apparent if you look at the website right now, however rest assured that we've a very well thought out business plan.
The multi-coin faucet, where we give coins away for free every day is step one of a much larger plan. The primary objective of step one is to educate people about cryptocurrencies and make it (very) easy for people to get started. Simply sign-up, start receiving coins and learn more about bitcoin. In other words, "Educate and Facilitate".
In the coming weeks (and months) additional functionality will be added to the website that will provide us with the necessary revenue streams. Until that time (and after that) we're backed by private investors.
What are your plans for the future?
The current multi-coin faucet, where we give coins away for free every day is step one of a much larger plan. At the moment, our primary objective is to educate people about cryptocurrencies and make it (very) easy for people to get started. Simply sign-up, start receiving coins and learn more about bitcoin. In other words, "Educate and Facilitate".
Everything we do in the future is an elaboration of step one and is partly based on the voice of the community. In other words. If you're looking for a particular feature, let us know! Do you plan to increase the daily amounts?
Yes, we realize the daily amount right now is very little, however we're in beta and we have to make sure everything is working properly. Otherwise, it could become very expensive very fast.
The most likely scenario is that we will increase the daily amounts gradually.
Do you plan to add more coins?
Yes, we are actively considering which coins we can add. If you have any suggestions, please let us know. We will let ourselves be guided by the voice of the community.
What are the minimum withdrawal thresholds?
The minimum withdrawal threshold
is coin dependent and is usually slightly higher the dust level of that coin. Any amount lower than the dust level will not be accepted by the network.
For coins that require network transaction fees, the threshold is usually the same as the
transaction fee, because this is usually higher than the dust level. This transaction fee isn't determined by us, nor does it go to us. It goes to the miners validating all transactions.
If it were up to us, both the withdrawal threshold and the transaction fee would be 0.00000000. Unfortunately we cannot influence either of these limits.
You can find the exact withdrawal threshold and transaction fee of a coin, by logging in to the website and navigating to "Balances" in the top menu. From there, you can click the "Withdrawal" button and you'll see the limits for that coin.
How many people can sign-up per household or per IP address?
Our primary concern is not the number of registrations per IP address or per household, but rather that every account belongs to a unique person and that people don't have more than one account.
That being said, we currently allow up to 3 registrations per IP address. If you require more, please contact support and explain why you need more. We can lift this restriction on a case-by-case basis if given legitimate reasons.
What is the minimum age a person can sign-up?
The QoinPro.com website is not directed for people under the age of 13.
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