Patex (PATEX)

PATEX is the first blockchain for the 670 million people across Latin America, with a new block model that rewards the community rather than miners.

Whitepaper

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What is Patex

Patex Ecosystem is the pioneer and biggest blockchain ecosystem in Latin America, revolutionizing the industry. It serves as a bridge between regulators and users, catering to the unique needs of Latin America. Patex Ecosystem introduces its 3.8+ million user base to the vast array of products within the ecosystem. Patex offers a diverse range of products that includes:C-Patex Exchange — A centralized cryptocurrency exchange that provides regulation, management, and launch capabilities for CBDCs and cryptocurrencies.Patex Campus — An educational platform designed to familiarize individuals with the world of Web3 and equip them with the skills to pursue careers within this domain.Patex Network — A Layer 2 blockchain that facilitates the issuance and tracking of Central Bank Digital Currencies (CBDCs) and other cryptocurrencies.

• $PATEX Token: It provides utility within the C-Patex Exchange and other ecosystem products, allowing users to access exclusive features and earn rewards.
• Activity Mining: A recurring reward system that incentivizes users based on their transaction activity recorded on the native chain.
• Patex Wallet: A native non-custodial, cross-chain crypto wallet that enables the secure storage, sending, and receiving of cryptocurrencies within the Patex ecosystem and other networks.
• Proof of Value: A consensus mechanism that supports activity mining, where users are compensated by Patex Network validators in ETH, utilizing transaction fees as the source.
• Patex Bridge: A cross-chain token transfer solution that facilitates cross-chain swaps between the Patex and other networks.
• Patex Explorer: An on-chain analytics platform that offers insights into assets, contracts, balances, and transactions, ensuring transparency within the ecosystem.
• Patex Hackathon: An innovative event that encourages collaboration and development on the Patex network.