📈Token Insights
This document illustrates token metrics and insights for $PLOT
Detailed Tokenomics sheet can be found here.
Token Model and Utility can be found here.
Product Deck can be found here.
PLOT-ETH pair live on Uniswap: here.
PLOT-ETH pair Liquidity Pool Uniswap address: here
Key Updates
The PlotX Beta has been live on the Ethereum Mainnet since Oct 2020 with more than 3500 predictions placed by users. Code audited by CertiK.
The project's CEO, Ish Goel, is the ex-CTO of Nexus Mutual (for 2.5 years), one of the most influential DeFi projects out there that has more than $300m TVL. Ish served as the Lead Engineer during his time at Nexus Mutual.
The project has been featured in top publications like Coindesk, Nasdaq, Cryptodaily and covered by Box Mining as well.
The project is migrating to Polygon (previously Matic) this April 2021 and has plans to extend support for Binance Smart Chain, Polkadot, Optimistic & zkRollups.
PlotX on L2 promises to be a game-changer - gasless transactions, no MetaMask yet non-custodial, blazing-fast UI, fiat on-ramping and so much more.
Super low market cap at $5mil. Compared to the competitors averaging $100mil, the true potential of the project is yet to be achieved.
Learn more about PlotX via the Product Deck.
Key Metrics
Token Ticker: $PLOT
Token Type: ERC 20
Total Token Supply: 200,000,000 PLOT Tokens
Initial Market Cap at TGE: $600,000
% Supply Released at TGE: 6%
For more detailed analysis, check out the $PLOT Tokenomics sheet.
Key Insights
$PLOT is a low cap gem with a market cap of $2mil, it’s a native token of PlotX.
The early supporters and the private sale participants showcased their belief in the project, agreeing to remain vested for a period of at least 6 months. The maximum upfront release was restricted to only 20%.
All tokens allocated to the team will remain locked for a period of 12 months and even after the lock-in period, only 10% of the holdings will be liquidated each month. This is designed to ensure maximum incentive alignment for the team towards the project.
Since the token launch in October 2020; the project has been intensely focused on the technology and developing a class platform for crypto traders.
Detailed analysis of the token distribution, release schedule and tentative supply shock have been showcased in the tokenomics sheet.
Competitors:
Augur ( https://www.coingecko.com/en/coins/augur ) - $120mil market cap
Synthetix ( https://www.coingecko.com/en/coins/synthetix-network-token ) - $2,548mil market cap
HXRO ( https://www.coingecko.com/en/coins/hxro ) - $54mil market cap
Please stay tuned to the community channels on Telegram and Discord.
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