What Is PChain?
Pchain (Promotion chain) is a decentralized blockchain promotion system that will work to support Ethereum Virtual machines in the world of large-scale enterprise applications. As the pioneer native multichain platform with such a feature, Pchain will work to solve most of the problem that does face the promotion world by enabling the creation of a simple promotion structure.
The concept is to decentralize the promotion process in a way that could benefit the producer and consumer without the need for an intermediary. They plan to make this possible by providing the platform for enterprises to build sustainable promotion applications to cater for their customers.
What PChain Aims To Solve
There are multiple ways that Pchain seeks to benefit the promotion world and consequently address the underlying problems within the industry. Typically, the promotion industry has challenges regarding the structure, control, and returns. The centralized architecture leaves only a handful of promoters gaining from the services while the product manufacturers get no word on how their products should gain exposure to the consumers. Additionally, traditional promotion methods rely more on capital input, experience and customer reaction which cannot always guarantee a positive outcome due to issues such as
- Complex promotion procedures
- Lack of market analysis ability
- Complex reconciliation process
- Lack of transparency
Pchain plans to solve these constraints by changing the existing promotion structure to a more decentralized model with the use of blockchain technology. In return, promoters will no longer possess a monopoly how best to expose the product. On the other hand, manufacturers stand to gain by receiving the power to choose how they intend to showcase their products during the selling process.
PChain Ethereum Virtual Machine Blockchain Features
- Smart Contracts- the Oracle mechanism relies on the knowledge graph which enables incorporating original contracts. Additionally, there is AI data (W3C Compliant) to solve non-intelligence in the intelligent deals.
- Cross chain procedures- smart contracts within Pchain invoke the use of the token to provide for a toolkit that will facilitate cross chain transactions and invocations
- Multi-level consensus- the consensus is made up of a hierarchical Sharding Pipeline with POS based mechanism. The multi-layer model with Pchain also helps improve the transactions speed and accuracy.
- Native multi-chain- Pchain will consist of a legacy chain and multiple derived chains
PChain User Benefits
By revolutionizing the world of promotion, Pchain does stand to benefits different sets of users who rely on the industry. Depending on the user category, here is how Pchain could prove beneficial
To The Manufacturers
- A real-time mechanism for getting authentic promotional results without too much cost
- A tamper-proof system to discourage manipulation and interference
- The Pchain community provides a ready consumer base for your product's exposure needs
- Get to receive copyright protection for your product and consequently increase your brand value thanks to blockchain technology transparency
To The Promoters
- Potential more earnings for sponsors if the token's price rises in value.
- Pchain provides an all-in-one task board for the promotion network. That offers convenience for a promoter seeking active promotion with a quick settlement.
- The comprehensive task information allows for promoters to target more projects they want to promote.
- Promoters will also not need to pay any fees to third-party entities or intermediaries to facilitate the transactions as blockchain takes care of the trading reliability.
PChain PCH Token ICO Details
It seems PChain is not holding an ICO for their PCH token. Instead they will share the tokens through donation and distribution. The PCH max token is 2.1 billion. 15% of that will be used for target donation. 20% will be used for open donation. 25% will be reserved for the the team and early contributors. 25% will be used for community construction. 15% will be used for POS mining.