PropelCrypto
PropelCrypto (PCR) stands as an ERC20 token operating on the Ethereum blockchain, originating with a total supply of 1 quadrillion tokens, later reduced to 1,000,000,000 post-burn. PCR's primary role is to act as an Entrepreneurs’ Token in Africa, enabling entrepreneurs to hold, own, and trade these tokens for profit. Additionally, it serves as a pivotal financial engine in establishing a Tuition-Free Business School entirely focused on Entrepreneurship.
IEO and Community Participation
The IEO (Initial Exchange Offering) currently active on DEX-TRADE offers an exclusive opportunity for early adopters to be part of the groundbreaking Entrepreneurs' Token Community. PCR's revolutionary design aims to streamline investments not only in African entrepreneurial projects but also across the global landscape.
Technical Details & Audit
This token operates under the ERC20 standard on the Ethereum blockchain, ensuring secure and transparent transactions. A Smart Contract Security Audit validates its technical integrity, providing a solid foundation for user trust and reliability.
Tokenomics
PCR's distribution strategy is delineated to ensure a balanced allocation. This includes a breakdown of the total token supply post-burn, token utility as an Entrepreneurs’ Token, Investment Token, and School Investment Fund. The Vesting Period assures a structured release of tokens to different entities and indicates the purpose of PCR within the entrepreneurial ecosystem.
Staking and Ecosystem Incentives
The token's utilization extends to staking rewards, where investors can stake their PCR tokens for a Return on Investment in USDT. The Staking Rewards structure, lock-up periods, and burn mechanisms are fundamental aspects driving scarcity and value appreciation.
Moreover, the token's functionality extends to the Entrepreneurship School's investment fund, intended to support entrepreneurial projects initiated by students. Incentives and security measures are also highlighted, illustrating the platform's commitment to rewarding active participation and ensuring the integrity and security of the token and the associated ecosystem.
Staking and Its Role in PCR's Ecosystem
PCR introduces a staking mechanism, a key feature empowering token holders to actively participate in securing and validating transactions within the blockchain network. Staking involves users locking a specific amount of PCR tokens in a dedicated wallet to support the network's operations. This contribution not only fortifies the network's security and functionality but also rewards participants for their engagement.
The staking process enables PCR holders to earn rewards in various forms. These rewards could manifest as additional PCR tokens, providing an incentive for token holders to contribute to the network's overall stability. The percentage of rewards, lock-up periods, and specific mechanics associated with staking, such as the method of distribution and the frequency of payouts, will be communicated to the community after the token's listing.
Additionally, as part of PCR's ecosystem, the staking mechanism plays a pivotal role in controlling inflation and increasing the token's scarcity, consequently enhancing its value. A structured and strategic token burn mechanism will be integrated into the staking rewards system. This mechanism periodically removes a portion of the tokens from circulation, effectively reducing the total token supply. This controlled reduction in supply aids in stabilizing and appreciating the token's value over time.
The platform aims to establish a transparent and rewarding staking structure, ensuring fairness and inclusivity for all participating members. The detailed parameters and guidelines concerning staking, including the exact rewards, lock-up periods, and the governance rights associated with staking, will be officially communicated post-listing, offering a clear and comprehensive guide for interested stakeholders.
This innovative staking feature not only incentivizes active participation but also aligns with PCR's mission to create a vibrant and engaged community, fostering a sustainable and prosperous ecosystem for all participants, from entrepreneurs to investors. Staking rewards users for their commitment to the network's security and, in turn, reinforces the collective goal of advancing entrepreneurship within Africa and beyond.
PCR's mission
PCR's mission to empower entrepreneurs, foster educational initiatives, and provide a reliable investment avenue exemplifies its pivotal role in transforming the entrepreneurial landscape in Africa and globally. For more comprehensive details or inquiries about the project, interested individuals are encouraged to reach out to [email protected].
Link to their website:
Author
Bitcointalk name : nathan_tek
Bitcointalk url: https://bitcointalk.org/index.php?action=profile;u=1152574
Telegram username: @steinmair
Wallet address: 0x2d7e41a2bFe1b53DaBF6E06C54C28847B12F8484