Premium Block is a platform where users can create a crypto pool based on a multi-chain network and can use it to gather cryptocurrencies from pool participants. This is a one-stop tool for Ethereum, Binance Smart Chain, and Polkadot networks pool creation.The platform supports KYC protection for pools. The pool creator can opt to use KYC options for a pool created for a group of users. KYC service provider will be a top tier service provider specialized in the blockchain field.
PRB token is the premium block native governance token that gives full advantage to token holders. PRB token holders have full rights to vote in new idea implementation and other changes within the premium block ecosystem.
Governance token
● Premium Block Governance consists of three components: Proposals, Ballots, and Actions.
● Any PRB holders can initiate a proposal.
● To promote a proposal to a ballot and be eligible to enter the voting queue, the ballot sponsor must stake a minimum of 500 PRB tokens. Other Members can co-sponsor the ballot by staking additional PRB, which gives the ballot a higher priority.
Governance of the Premium Block by its members is an important function. Here is a quick-start guide to getting a governance action to vote.
Roadmap
Our initial concept of platform started around Q3 of 2020 when the whole crypto market was not so hyped nor in trillion dollar market cap. Premium Block structured the platform in such a way that the end user application will be very simple and easy to understand.
In order to run the application and maintain everything, Premium Block came up with the governance token idea where both token holders and application can be benefited. So, Premium Block introduced PRB governance tokens and did backend calculations to best fit in the Premium Block ecosystem.
Premium Block planned strategically to avoid any mistake within the ecosystem and ended up with a simple yet highly efficient model with PRB governance token.
In phase II, Premium Block developed and finished incentivization of PRB token holders where liquidity provider and staking rewards can be earned. Premium Block implemented two possible ways to earn more PRB tokens. One is through yield farming, that is to provide liquidity inDEX platform and earn reward in PRB token. The second way is to stake the PRB token and earn a staking reward in the PRB token.
Premium Block has developed a test smart contract which best fits the PRB ecosystem and started platform architecture with creative tools for end users. The token will be deployed in Binance Smart Chain because of growing adoption, less gas fees, and transaction speed.
According to Phase III ,it will not be fulfilled if there is no crowdfunding inside the platform, so Premium Block carefully planned the crowd funding method and initial coin offering that will be conducted inside the platform. Here in crowdfunding, the PRB holders can take full advantage of this platform. More allocation based on Premium Block weight-age of PRB holding will be calculated.
Phase IV is the start of all concepts into development. Premium Block started the Premium Block b interface development and completed the whitepaper. Premium Block also completed the final tokenomics that will best fit the ecosystem and stabilize the function. Premium Block finished building of Premium Block website and social media accounts.
Phase V is the ongoing process where we focus on selecting the IDO platform and community activities such as events and reward programs. We are ready to launch the smart contract on Binance Smart Chain before the IDO sale. After launching the token in the main net, the tokens will be distributed as per tokenomics and the team's allocation will be locked within a 12 months vesting period.
More Information Here:
Telegram: https://t.me/premiumblock
Channel: https://t.me/premiumblock_ann
Twitter: https://twitter.com/PremiumBlock
Medium : https://premiumblock.medium.com/
Officials: https://premiumblock.org/wp-content/uploads/2021/06/Premium-Block-Official-Disclaimers.pdf
⚡Authorship
BitcoinTalk username : onemancrypto
My Bitcointalk Profile Link : https://bitcointalk.org/index.php?action=profile;u=1769254;sa=summary
BSC Wallet: 0x5888bd05816dB304E417b6b219C2c307629b8141