Project Plutus Rank 4205
$0.006665
Project Plutus Rank 4205
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0 PLU

Project Plutus
Project Plutus
PLU

Project Plutus Price
$ 0.0067

Project Plutus 24h Vol
$155,122

Project Plutus Market Cap
$0

24h Vol
3 BTC
1 H
-0.78 %
24 H
0.9 %
7 d
0.9 %
Today Project Plutus price in US dollars is currently 0.0067 USD, and if converted to Bitcoin is 0.00000014 BTC. A total of N/A are currently circulating in the Market. Project Plutus price is currently experiencing a change of 0.9 %, and check here all cryptocurrency. Over the past 24 hours 0.002 M US dollars Project Plutus have been traded on Crypto Exchanges. Get Project Plutus's progress by adding it to your favourites and creating a free portfolio.
Full Name
Project Plutus
Symbol
PLU
Algorithm
BTC Price
0.00000014 BTC
BTC Market
0 BTC
BTC 24h Vol
3 BTC
Total Coins Mined
0 PLU
1h
-0.78 %
24h
0.9 %
7d
0.9 %
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Description

Description


Plutus is a decentralized payment application that allows users to make purchases with Bitcoin and Ether anywhere. Users are simply required to load the app with BTC or ETH and hold the phone over the card reader for the payment to complete.

Plutons are Ethereum-based tokens that can be earned as a reward for shopping with Plutus. Plutons will be available to convert on the Plutus exchange network, allowing users to make in-store purchases with zero fees on conversion.

Only 850,000 Plutons (PLU) were available for sale during the ICO, which represents 4.25% of the total supply of 20,000,000. Issuance for the remaining 95.75% will be limited and locked in rebate smart contract pool and NOT owned by Plutus.it, which means there will be a very low circulation from the initial distribution and a total of 20 million Plutons ever created.

ICO Details

ICO Details


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Only 850,000 (4.25% of a total 20 million) Plutons were available for sale for ETH and BTC. Plutons are issued on the Ethereum blockchain, and can be distantly compared with cashback points or frequent flier miles. The remaining 95.75% of Plutons are not owned by Plutus.it. They are locked to be automatically and very slowly emitted by a decentralised rebate system over hundreds to thousands of years.

Money raised was said to be stored in a multi-signature account (provided by BitGo for BTC, a smart contract for ETH) , to be released to the development team according to these guidelines: 40% after the crowdsale, 10% after the launch of Plutus DEX, and 50% after the launch of the Plutus Mobile Payments App.

1033 participants raised a total of $1,005,487.65 over a 9 day period.

ICO Status Finished
Token Supply 20000000
Start Date 2017-06-21
End Date 2017-06-30
Fund Raised (BTC) 1,122.847 BTC; 20,471.2718400 ETH
Fund Raised (USD) 1005487.65
Start Price (USD) 1.1829
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/@PlutusIT
White Paper https://plutus.it/assets/Plutus.it-White-Paper-v1.1.pdf

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