Website

Plosive (PLO)

ICO

Last updated: Dec 17, 2021

The Plosive project will use many user infrastructures to collaborate with other good blockchain projects to provide them with a user infrastructure with an understanding of the blockchain, and We will get good service for other great blockchain projects. (Discount benefits, products, etc.) We have already received $3.5 million investment from private investors.

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Overview

Project industry	Media
Product type	Platform
Founded	United States
Whitepaper	Open

What is Plosive

Plosive mission is to simplify the mining process, giving equality to all nodes. As an all-in-one solution, Plosive is positioned in the public's interest in crypto mining.

As a differentiating factor of Plosive solution, you can mine with only one smartphone and implement the blockchain structure and algorithm equivalent to the general PC mining base without special technology in installing and using mining solution.

Plosive naturally focused on the daily use of smartphones by citizens (people), and it is a project that allows them to mine naturally without any inconvenience in using smartphones every day. This project is a scalable mining model that drives the power of ubiquitous smart devices all over the world. In addition, compared to the current Crypto Mining Model, it is an eco-friendly low power model.

Plosive's revenue ultimately pursues the transaction fee of the main network. (However, in the Simulated Version of Plosive Platform, which will be mentioned later, the advertising fee of the affiliated Project Team is the main revenue.)

Plosive has the following features:

A cryptocurrency that is mined and maintained on a P2P mobile basis.

Basically, it includes minor solution and crypto wallet, is free and easy to use, and is Android and iOSbased app.

A consensus algorithm that is differentiated and customized to maximize rewards. A consensus mechanism that mixes Proof of Work (PoW) and Proof of Execution (PoE) methods, allowing miners to get the total time executed as a reward through the app.

In the long run, you can make payments while purchasing goods at POS terminals linked to PLO Coins.

The background running program inside the smartphone prevents the smartphone from being harmed

Details

Pre-sales: Mar 31, 2020 - Apr 07, 2020
Public sales: Apr 28, 2020 - May 05, 2020
Token supply: 100,000,000,000 PLO
Total tokens for sale: 50,000,000,000 PLO
Soft cap: 3,000,000 USD
Hard cap: 6,000,000 USD

Legal

Blockchain Platform: Ethereum

Token info

Ticker: PLO
Type: Utility-token
Token standard: ERC20
Token price in USD: 1 PLO = 0.00008 USD
Accepted currencies: ETH
Token distribution:
User Reward - 50%
Marketing - 25%
Development - 10%
Partnerships - 10%
Plosive Team - 5%