What is PCHAIN (PCH)
The core technologies underlying the PCHAIN Network include:
1) The first native multi-chain architecture that supports EVM, with a consensus of POS based on multi-layer sharding mechanism that tremendously improves the performance of transactions.
2) A new Oracle mechanism based on the knowledge graph makes it easier to encapsulate smart contracts. The endogenous W3C-compliant smart data of the PCHAIN Network effectively addresses the issue of non-intelligence in smart contracts and can become a fundamental element of smart contracts, just like the market exchange rate data from the external.
3) The goal of PCHAIN Smart Data is to generate valuable data that filters out noise and make it an integral part of Oracle. These smart data can be used in various smart contracts and other cross-chain requests on the PCHAIN Network. Smart data, on the one hand, can serve as an intermediary between blockchain and artificial intelligence, and on the other hand, facilitates the integration of blockchain with big data.
Therefore, it has a vast application prospects, including decentralised question and answer, forecasting markets, the building of distributed knowledge graph, social networks, digital identities and others.
4) The trunked cross-chain solution makes the exchange of digital currency and digital assets more convenient. Various Tokens (eg BCH, ERC20) can be directly used to invoke smart contracts in the PCHAIN Network.
Details
Pre-sales: Apr 23, 2018 – Apr 30, 2018
Public sales: May 28, 2018 – May 28, 2018
Token supply: 2,100,000,000 PCH
Total tokens for sale: 735,000,000 PCH
Hard cap: 50,000 ETH
Raised: 26,674,000 USD
Legal
Blockchain Platform: Ethereum
Country limitations: China, Hong Kong, Singapore, United States of America
Registration country: Singapore
Token info
Ticker: PCH
Type: Utility-token
Token price in USD: 1 PCH= 0.533 USD
Accepted currencies: ETH
Token distribution:
32.62% – Private Sale
25% – Team and Early Contributors
25% – Community Building
15% – POS Mining
2.38% – Crowdsale
Funds allocation:
65% – The PCHAIN Network system research and development, including wages, software and hardware procurement, etc.
20% – Carrying out the marketing campaign, including wages, promotion expenses, etc.
10% – Carrying out operations, including holding all kinds of activities, etc.
5% – Conducting legal compliance, including the payment of counsel fees, etc.