In this video, the presenter discusses Prime Chain, a fast decentralized blockchain system that connects mainstream blockchains securely while offering low-cost transactions. The project features a DEX, a secure wallet, NFTs, a staking system, and decentralized insurance. The prime Chain ecosystem also includes multiple systems like the DAP operating system, an algorithmic stablecoin, and a community autonomy model. The PMC token will be listed on Pancake Swap, and the total supply is 100 million tokens. The presenter recommends conducting research before investing money into cryptocurrency and provides links to the project’s website and social media platforms.
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Introduction
Welcome back to the channel, where in this video, we will be taking a look at Prime chain – a decentralized blockchain system that empowers the decentralized financial, NFT, and metaverse securely by connecting most mainstream blockchain networks, and offering ultra-fast and low-cost transactions.
Disclaimer
Before we dive further into Prime chain, it’s essential to note that this video is not financial advice, and it’s crucial to conduct thorough research before investing money into cryptocurrency. All the links to research Prime chain further will be provided Down below in the description.
Prime Chain Overview
Prime chain is an innovative solution that brings programmability and interoperability to blockchain technology. They rely on a system of Poa consensus that can support shorter block times and lower fees. The most bonded validator candidates of staking will become validators and produce blocks. The double sign detection and other slashing logic guarantee security stability and chain finality.
Features of Prime Chain
The purpose of Prime chain is to create an alternative marketplace for issuing and exchanging digital assets in a decentralized manner. You can send and receive PMC, issue new tokens to digitize assets, use prime chain as an underlying exchange/transfer network for the assets, and run a full node to listen and broadcast live updates on transactions, blocks, and consensus activities. It also has smart money functionality, where the PMC token serves as both the gas of smart contract execution and tokens for staking.
Tokenomics and Roadmap
Prime chain token, PMC, will be released on the Binance smart chain, have 100 million tokens in total supply, and the pre-sale received 24% of the supply. Their ecosystem is composited with multiple systems like the DAP operating system, the PMC tokenomics model and the community autonomy model, and the network cloud system.
The Prime chain roadmap consists of team formation, idea and project consultation, technology research, and analysis in the first phase of the roadmap. In phase two, they will conduct PMC utility research, blockchain development, partnership with investors, and launch their DEX and insurance system.
Prime Chain Ecosystem
Prime chain’s ecosystem is comprised of multiple systems, including the DAP operating system, the PMC tokenomics model, the community autonomy model, and the network cloud system. The system also includes decentralized insurance that cannot be tampered with and can help with common risk events in the token circle. They also have a DEX that allows users to create liquidity pools and trade seamlessly.
Conclusion
Overall, Prime chain is a well-thought-out project with various features that allow users to create, trade, and exchange assets in a decentralized ecosystem. If you’re interested in staying updated on Prime chain, all links to their social media platforms can be found Down below in the description, so be sure to check them out.
