PR Token (PRT)
General Characteristics:
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Ticker Symbol: PRT
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Chain: Polygon Blockchain (ERC20)
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Total Supply: 4 000 000 000 000 PRT tokens
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Contract Address: 0x6f8f243FCE2D3CDB1658Ac4da6ab947970106599
PR Token (PRT) is an ERC20 cryptocurrency token developed using cutting-edge technologies
Powered by the Polygon Blockchain
All emitted volume of PRT 4 000 000 000 000 is distributed as follows:
- PRT 2 000 000 000 000 is allocated for the whole Promoera Platform tokenization process (0xC216478F7bf7e65D75699B0A92a470Be6333DCcb)
- PRT 1 000 000 000 000 is allocated to provide initial liquidity, for marketing and strategic partnership purposes (0xB791d87B4796cd20c5845A8564ac80909d3a9Fd9)
- PRT 1 000 000 000 000 is allocated for reserve and stabilization funds (0x1db91CF40Ad1C2933529eFADF90B23AEd026d62c)
ERC20 Tokens
ERC20 Tokens are a specification for fungible tokens on the Ethereum and compatible blockchains like Polygon.
The ERC20 standard allows for seamless interoperability between tokens and smart contracts, facilitating a wide array of decentralized applications.
Smart contract
A smart contract is a self-executing contract with the terms of the exchange agreement directly written into code. The code exists on a blockchain network, where transactions are trackable and irreversible. Smart contracts enable trusted transactions and agreements to be carried out among anonymous parties without the need for a central authority or legal system.
Detailed distribution of PRT allocated for Platform Tokenization
The total volume of PRT 2 000 000 000 000 is distributed as follows:
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Bonuses and Sale pool: PRT 1 000 000 000 000
Pool distribution
Bonuses:
✓ Bounty program
✓ Bug-bounty program
✓ Achievements program
✓ Contests
✓ DrawsSale:
✓ Sell it anytime by the current market rates [with web3] or by the internal platform price [on Exchange]
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Rewards and Referral pool: PRT 1 000 000 000 000
Pool distribution
Rewards:
✓ Farming
✓ Ad Surfing
✓ Advertising Campaigns executionReferral commission:
✓ From referral's Farming Rewards
✓ From referral's Advertising Expenses
✓ From referral's Earnings on Advertising Campaigns execution
At the stage of the Promoera platform tokenization, we provide a Layer 2 solution
Layer 2 refers to a secondary framework or protocol that is built on top of an existing blockchain system. The main goal of these protocols is to solve transaction speed and scaling difficulties.
Layer 2 protocols create a secondary framework, where blockchain transactions and processes can take place independently of the Layer 1 (Main chain). For this reason, these techniques may also be referred to as “off-chain” scaling solutions.
One of the main advantages of using off-chain solutions is that the main chain doesn’t need to go through any structural change because the second layer is added as an extra layer. Layer 2 solutions have the potential to achieve high throughput without sacrificing network security.
In other words, a great portion of the work that would be performed by the main chain can be moved to the second layer. So while the Main chain (Layer 1) provides security, the second layer offers high throughput, being able to perform hundreds, or even thousands, of transactions per second.
Layer 2 solutions do not apply any transaction fees.
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