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Plian (PI)

Disclaimer: As of March 5, 2024, the information presented in this report reflects the latest data available at the time of writing. The cryptocurrency market is dynamic and constantly evolving, and the information provided may change over time.

1. Project Introduction and Brief Summary:

Plian, formerly known as PCHAIN, is a public and enterprise-focused, scalable, interoperable blockchain platform that utilizes a Proof-of-Stake (PoS) consensus mechanism. It aims to provide a secure and efficient foundation for decentralized applications (dApps), decentralized finance (DeFi), and other blockchain solutions.

2. Project Release Date & Token Release Date:

  • Project release date: January 1, 2018
  • Token release date: January 1, 2018

3. Market Capitalization:

Market capitalization data for Plian is currently unavailable on major cryptocurrency tracking websites like CoinMarketCap and CoinGecko.

4. Current Price:

The current price of Plian (PI) is approximately $0.0049 USD (as of March 5, 2024).

5. Exchanges:

Plian (PI) is currently listed on several cryptocurrency exchanges, including:

  • Gate.io
  • BitMart
  • MEXC Global

6. Competitors:

Based on market capitalization and similar functionalities, Plian’s competitors include:

  1. Avalanche (AVAX): $21.09 billion
  2. Fantom (FTM): $1.47 billion
  3. Polygon (MATIC): $10.27 billion
  4. Solana (SOL): $38.24 billion

7. Use Cases:

Plian targets various use cases, including:

  • Decentralized Finance (DeFi): Enabling the creation and deployment of DeFi applications like lending, borrowing, and trading platforms.
  • Supply Chain Management: Facilitating secure and transparent tracking of goods and materials throughout the supply chain.
  • Enterprise Applications: Providing a scalable and secure platform for businesses to build and deploy blockchain-based applications.
  • Gaming and Metaverse: Supporting the development of play-to-earn games and metaverse applications.

8. Technology:

Plian utilizes a unique hybrid architecture that combines:

  • Public chain: Provides a permissionless and open environment for building decentralized applications.
  • Enterprise chain: Offers a permissioned and private environment for businesses to build and deploy custom blockchain solutions.
  • Dynamic sharding: Enables horizontal scaling to improve transaction processing speed.
  • PDBFT consensus mechanism: Offers high transaction throughput and low latency.

9. Smart Contracts and Audits:

Plian is compatible with Ethereum Virtual Machine (EVM), allowing developers to deploy existing smart contracts on the Plian network. While information about specific audits for Plian smart contracts is limited, the project claims to undergo regular security assessments.

10. Investors or Partners:

Recent news reports (within the last 90 days) do not explicitly mention any new major investors or partners for Plian.

11. Amount of Money Raised:

Information regarding the amount of money raised during Plian’s presale, ICO, or seed rounds is not readily available.

12. Token Distribution:

The total supply of Plian (PI) tokens is capped at 2,100,000,000. However, the specific distribution of tokens across different categories (e.g., team, foundation, advisors, etc.) is not publicly disclosed.

13. Token Economics and Use Cases:

The primary utility of the PI token lies in:

  • Transaction fees: Users pay PI tokens to cover transaction fees on the Plian network.
  • Staking: PI token holders can stake their tokens to participate in the network’s consensus mechanism and earn rewards.
  • Governance: PI token holders will have the ability to participate in the governance of the Plian network in the future (details about the specific implementation are yet to be revealed).

14. Roadmap:

Plian’s roadmap outlines various milestones, including:

  • Completed milestones: Launch of the mainnet, integration with EVM, development of developer tools, and deployment of various dApps on the Plian network.
  • Upcoming milestones: Further development of the DeFi ecosystem, expansion into the Metaverse and Web3 space, and integration with additional blockchain networks.

15. Team Members:

Plian’s team consists of experienced professionals from various backgrounds, including blockchain technology, finance, and engineering. However, specific information about individual team members and their LinkedIn profiles is not readily available on the project’s website.

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