REVIEW PREMIUM BLOCK PROJECT
What is Premium Block?
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 network pool creation.
The safest place to gather crypto with KYC integration. Premium Block uses PRB as its governance token that gives holders to take full advantage of the platform and earn through yield farm.
Why use Premium Block?
The premium block is the first platform to provide pool creation with a multi-chain network. There is no trustable pool creation platform that gives end-user protection. Premium block gives KYC protection for individual pools created at the discretion of the pool creator. Users can participate in the pool by investing or donating crypto based on the pool's terms and conditions.
Know your Customer (KYC - To gain trust in a platform, users except Know your Customer (KYC). Implementing KYC integration into the platform will avoid scammers and frauds that collect the pool funds and run away.
Cryptocurrency coins and tokens are very hard to distribute to multiple addresses at the same time. Premium block platform will make it easy for pool creators to distribute the coin or token to pool addresses at the same time with less gas fees and time.
Premium block platform will conduct fundraising through initial coin offering for best top-tier projects. PRB token holders will benefit more in this fundraising whose allocation will be calculated based on weightage.
Features of Premium Block
Token distribution
Token dispersal is one of the key elements in Premium Block platform. Users can disperse tokens from one address to multiple addresses with a single transaction without creating pool. Tokens supported are BSC network, ETH network, and DOT network.
Crypto Locker
An added feature of crypto cold wallet storage will be included in the platform for Long term holders. Cryptocurrencies can be stored in cold wallets that are compatible with Binance Smart Chain network, Ethereum network, and Polkadot network.
Pool Creation
Users can create a single pool in a single network or multiple pools in different networks and can manage at the same time. Pool creators can switch between pools at a click of a button. All pools will be combined into a block-like structure so that multiple pools can be arranged in one view.
Token Swap
Premium block will implement token swap for a quick swap of token in the multi-chain network supported in the platform.
AML and Blacklist
Premium block does best to ensure the highest security when coming to pooling through KYC-enabled pool. Premium block takes numerous steps to avoid Anti-Money Laundering (AML).
Once the pool creator is reported for involving in a scam or fraud, it will immediately come to the view of the team and voting will be executed through our community. Based on the voting and reports filed against the user, the pool creator might be facing law enforcement charges or warning from the team based on the severity of the case. Once the user got reported, that user will be blacklisted and cannot use the platform until the report is resolved.
What is PRB Token?
PRB token is the key element that fuels the premium block ecosystem. Almost 80% of the platform fees collected are used for rewarding PRB token holders through staking and liquidity providers.
PRB Governance Token
PRB token in the ecosystem can be used as a Governance token for 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.
Premium Block Token.
Token dispersal is one of the key elements in Premium Block platform. User can disperse token from one address to multiple addresses with single transaction without creating pool. Tokens supported are BSC network, ETH network, and DOT network.
PRB token
PRB token is the key element which powers the Premium Block ecosystem
Info & Metrics
Blockchain: Binance Smart Chain
Total Supply: 60,000,000 PRB
Total Staking Rewards: 27,000,000 PRB
BSCscan: Coming soon
PRB Contract Address: Coming soon
PRB Team Address: Coming soon
DEX Liquidity Address: Coming soon
Sale Details:
Total Fixed Supply: 60,000,000 PRB
IDO Price: $0.010 per PRB
IEO Price: $0.025 per PRB
Initial Circulating Supply: 25,500,000 PRB (excluding DEX liquidity)
DEX Liquidity Supply: 5,000,000 PRB
DEX Listing Price: $0.05 per PRB
Total Amount To Be Raised: $320,000
Total Tokens To Be Sold: 20,000,000 PRB
Market Capitalization:
Initial Market Cap: $320,000
Total Number Of LP Tokens: Coming soon
Roadmap
Phase I
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. We structured the platform such a way that the end user application will be very simple and easy to understand.
Phase II
In phase II, we developed and finished incentivization of PRB token holders where liquidity provider and staking rewards can be earned. We implemented two possible ways to earn more PRB tokens. One is through yield farming, that is to provide liquidity in DEX platform and earn reward in PRB token. The second way is to stake the PRB token and earn staking reward in PRB token.
Phase III
it will be not fulfilled if there is no crowd funding inside the platform, so we carefully planned the crowd funding method and initial coin offering that will be conducted inside the platform. Here in crowd funding, the PRB holders can take full advantage of this platform. More allocation based on weightage of PRB holding will be calculated.
Phase IV
Phase IV is the start of all concept in to development. We started the web interface development and completed the whitepaper. We also completed the final tokenomics that will best fit the ecosystem and stabilize the function. We finished building of website and social media accounts.
Phase V
Phase V is the ongoing process where we focus on selecting IDO platform and community activities such as events and reward program. We are ready to launch the smart contract on Binance Smart Chain before IDO sale. After launching the token in main net, the tokens will be distributed as per tokenomics and team's allocation will be locked with 12 months vesting period.
Phase VI
Phase VI will be IDO and IEO offering. Once sale is completed, the CEX listing and liquidity in DEX will be done at the same time. Next process will be announcing yield farming and staking rewards.
By end of Q4, the platform will be launched in test net and will be tested with community members and PRB token holders with reward program. Once all the bugs and issues are cleared, the platform will be launched in main net.
The team has vesting period of 12 months. The IDO and IEO tokens are 100% unlocked. For more details, have a look at whitepaper document. Stay updated for more news.
For more information
Website : https://premiumblock.org/
Whitepaper : https://premiumblock-org.gitbook.io/premium-block
Telegram Community : https://t.me/premiumblock
Telegram Channel : https://t.me/premiumblock_ann
Twitter : https://twitter.com/PremiumBlock
Author
Bitcointalk Username: Federico Valverde
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=2852549
Telegram Username: @FedericoValverde3
Telegram Profile: https://t.me/FedericoValverde3
BEP20 Wallet: 0xbFa864138a2dBC6c77B5CB6e916D6b6c1eCDc9F7
