Premium Block - PRB Token

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Premium Block

Premium Block is a multi-chain platform that allows users to create pool and disperse cryptocurrencies within the pool addresses.

What is Premium Block?

Premium Block is a platform where users can create crypto pool based on 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.

KYC implementation:

The platform support 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 blockchain field.

PRB token:

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.

Solving problem

Premium block is the first platform to provide pool creation with multi-chain network. There is no trustable pool creation platform that gives end user protection. Premium block give KYC protection for individual pool created in the discretion of pool creator. Users can participate in the pool by investing or donating crypto based on pool's terms and conditions.

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 same time. Premium block platform will make it easy for pool creator to distribute the coin or token to pool addresses at same time with less gas fees and time.

Premium block platform will conduct fund raising though initial coin offering for best top tier projects. PRB token holders will benefit more in this fund raising whose allocation will be calculated based on weightage.

Premium Block ecosystem

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.

Here is the overview of PRB ecosystem

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

Tokenomics

Tokenomics is designed in such a way that PRB token holders and investors are the most profitable ones.

Initial Offering

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.

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