Artfinity AT to PLATINCOIN PLC Exchange

Crypto Pair Details: AT to PLC

Artfinity AT

ABCC Digital Asset Exchange will issue ABCC Token (AT) on July 9th 2018 (UTC+8) as part of our User Incentive Plan. 1. What is ABCC Token? ABCC Token (AT) is an ERC20 Token to be issued by ABCC Digital Asset Exchange. The total supply of AT is fixed at 210 million without any future offering. 2. Benefits of AT AT is a blockchain-based token native to ABCC Digital Asset Exchange. Members holding AT will be able to get access to a wide range of benefits including but not limited to— Using AT for various products and services on ABCC. For example, members can purchase other digital assets, pay transaction fees and gain preferential access to premium services with AT. Participating in various activities and campaigns on ABCC. ABCC will reward members who meet certain criteria. For example, members holding AT will share in 80% of trading commissions collected by ABCC. Participating in various activities such as community building, interaction between members and ABCC, proposing suggestions to ABCC and others. 3. Initial Allocation Below is a breakdown of the initial allocation of AT. 4. Issuance We will adopt a mechanism called “Trade Contribution + Simultaneous Release” to issue AT. 4.1 Trade Contribution In order to encourage our users to trade on ABCC, we have decided to reward our members with 50% of the total supply of AT. Of the 50% rewarded to users, 4/5 (i.e. 40% of the total supply) will be used to reward members who trade on our exchange platform via the “Trade-to-Mine” (ToM) mechanism. The other 1/5 (i.e. 10% of the total supply) will be granted to users who traded prior to the issuance of AT. 4.1.1 Trade-to-Mine (ToM) 40% of the total supply of AT will be used to reward members who trade on our exchange platform via the “Trade-to-Mine” (ToM) mechanism. Drawing inspirations from the Bitcoin mining model, we have adopted a similar inflation model for AT. In particular, the ToM mechanism includes two steps, i.e., “release” and “distribution”. Release The release of AT follows a half-life decay pattern. There are 6 half-life periods in total with each period being 120 days (roughly 4 months). We will release half of the total supply of AT in the first 120 days. The number of AT to be released in the following half-life period will be halved, and so on. Please see details of AT release schedule below. Within each half-life period, one “block” will be generated every 6 hours. The same number of AT will be released for every block inside the same half-life period. For example, the number of AT to be released for one block in the 1st half-life period is calculated as follows. The total number of AT in the 1st half-life period: 42,000,000; The number of days in the 1st half-life period: 120 days; One block will be generated every 6 hours; The number of blocks to be generated every day: 24 hours / 6 hours = 4; Therefore, the number of AT to be released for one block in the 1st half-life period: 42,000,000/120 / (24 hours / 6 hours) = 87,500. Distribution We will distribute AT released in a block to members per the percentage of their trading fees within that block. If it so happens that there are no members eligible for the rewards in a certain block, the released AT assigned to this block will be distributed in the next block. 4.1.2 Reward for Historical Trades 10% of the total supply of AT will be used to reward eligible existing users. We will distribute the rewards to the eligible users based on their cumulative trade volume contribution ending 24:00 June 27th, 2018 (UTC+8). The rewards will be frozen for 180 days after the launch of AT. 4.2 Simultaneous Release AT will be released to the platform, team and investors in proportion to the number of AT released and distributed to members via Trade-to-Mine (ToM). The number of AT released via Simultaneous Release = the number of AT released and distributed via ToM * (50% / 40%).

PLATINCOIN PLC

The PlatinCoin is based on Litecoin Technology. It is not only a new generation of cryptocurrency but, together with the PlatinCoin Cryptosystem, also an extremely flexible and multifunctional platform that allows everybody to create a wide variety of daily business operations without the delay of payment for goods and services, for example such simple things as the purchase of your daily coffee, online purchases or payments for your international travel insurance. The PlatinCoin is designed to become the most used cryptocoin worldwide, especially by international users not being able to own a bank account. Its underlying blockchain technology facilitates the daily high volume of payments. PlatinCoin provides fast, inexpensive, international and secure transfers by form of immediate payment. The advantages of PlatinCoin will appropriately address the respective payment needs of individual as well commercial users like merchants and service providers. In addition, the introduction of the PlatinCoin Debit Card will further contribute to the commercial viability of the PlatinCoin. PlatinCoin intends to become a central transmission point for FIAT money. Fast transaction periods and low variability risks will be applicable. Additionally, comprehensive payment facilities such as debit cards, ATM’s, etc. are being implemented to become a suitable payment method on high scale for clients and merchandisers. The PlatinCoin moreover aims to contribute to the improvement of people’s standard of living worldwide. This shall especially apply to people in developing countries who do not even have a bank account. As an instrument to increase prosperity, we have developed the PlatinCoin Minting Program. This Program allows nearly everyone to easily produce PlatinCoins themselves.

SOURCE: COINGECKO

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