A next evolution project on Binance smart chain
Launched, swap, wallet, built new exchange
This paper proposes the Polycoin Asset, an economics structure which constitutes a decentralized meme project with a purposed $PLYC as a Utility Token. We are thus introducing the investors and customers to a genuine passive income scheme using our native Polycoin token. Since we are based on the BEP-20 technology, this consequently eliminating energy and computational waste while ensuring distributed fairness through a Proof of Stake (PoS) consensus, we are also proposing not only a highly profitable procedure by acquiring and holding $PLYC, but also by participating in different launchpads vetted and proposed by our team of experts.
Launched in October 2022, Polycoin one of the fastest growing community in crypto market. Polycoin is on a mission to bring crypto to the average person. Polycoin is built on binance smart chain with extremely fast 5 second block times and cheaper gas fees than ethereum
A next evolution project on Binance smart chain. Launched, swap, wallet, built new exchange.The Polycoin protocol adds incentives to earning tokens safely and securely for $PLYC Token participants by introducing revenue sharing through the classic AMM model. We provide a platform for trading, staking, farming, referrals and winning ; these concepts are being actively developed as all new features are being launched on our upcoming project shortly.
Forward-looking statements relate to expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," and other words and terms of similar meaning in connection with a discussion of potential future events, circumstances or future operating or financial performance. These include statements relating to future actions, prospective launchpad products or product approvals, future performance or results of current and anticipated products, sales efforts, expenses, the outcome of contingencies such as legal proceedings, and financial results.
Any or all our forward-looking statements here or in other publications may turn out to be wrong. Ultimately, we are a meme token. Our statements can be affected by inaccurate assumptions or by known or unknown present or future risks and uncertainties. Many such factors will be important in determining our actual future results. Consequently, no forward-looking statement can be guaranteed, and they may be adversely affected by factors, including general market conditions, competitive product development, product availability, current and future branded and generic competition, federal and state regulations and legislation, service availability issues, timing of trades, patent positions, litigations, and investigations. Our actual results may vary materially, and there are no guarantees about the performance of the token. We undertake no obligation to correct or update any forward-looking statements, whether because of new information, future events or otherwise
All statements contained in this technical document, statements made in press releases or in any place accessible to the public and oral statements that may be made by the Polycoin team or their respective directors, executive directors or employees acting on behalf of the Polycoin team, other than statements of historical fact, constitute "forward-looking statements." Some of these statements can be identified by forward-looking terms such as "objective", "objective", "anticipate", "believe", "could", "estimate", "expect", "if", "intend", "may”, "plan", "possible", "probable", "project", "should", "would", "will be" or other similar terms.
However, these terms are not the exclusive means of identifying forward-looking statements. All statements regarding Polycoin team's financial position, business strategies, plans and prospects, and future industry prospects made by Polycoin team are forward-looking statements. These forward-looking statements, including but not limited to statements about the $PLYC token and its profitability, prospects, future plans, other expected industry trends and other matters discussed in this Whitepaper are matters that are not historical facts, but only predictions.
These forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause $PLYC’s actual future results, performance, or achievements to be materially different from any future results, performance or achievements expected, expressed or implied by such.
These factors include, but are not limited to:
$PLYC Token was born in 2022 with the vision to make the record by growing token price. The decentralized meme project came with the purpose of issuing $PLYC as a Utility Token. Within the first 60 Days $PLYC will Launch Decentralized Swap and Initial Liquidity Offering Platform.
Whilst it is assumed to be a meme token, what set is apart is that the Polycoin team comes up with a layer of practicality and usability beyond the simple existence of the token, adding a few relevant services, and thus creating a whole ecosystem. The differences between the $PLYC token and other meme cryptocurrencies on the market include the following:
$PLYC is fully decentralized and owned by its love and vibrant community. We welcome and embrace diverse perspectives to build POLYCOIN into the best community in crypto world.
$PLYC is decentralized and supported by its community of enthusiasts. We encourage open communication and believe trust, transparency.
In cryptocurrency market trust is paramount. That means full transparency not only in the community and development but also in security efforts. $PLYC has been audited by a third party Certik.
$PLYC is in for the long haul. The decentralized community is fostering and adopting long term development of the ecosystem and foundation in efforts to drive real use cases which are dissociated from the token usage.
Crypto Traders – these participants can use $PLYC for speculating and hedging cryptocurrency volatility. $PLYC can also be used to convert cryptocurrency into fiat.
Standard Customers – these customers may want to buy $PLYC as a crypto asset, for long-term holding. $PLYC could be used to pay for goods and services, in the future, or as an option to participate in different launchpads. Its high volatility as an asset and its unpredictability make it an invaluable form of speculative asset.
Private Institutions – $PLYC crypto assets give institutions new opportunities for capital gains. There is free liquidity and extra earning potential from trading $PLYC into fiat and vice versa. The use of cryptocurrency has become a major industry. Institutions can profit from earning from the volatility of the underlying asset, and from using the $PLYC management system. At the same time, new crypto projects that invest in $PLYC reinforce the Token’s reputation, which ultimately increases their profit not only in the native token, but also in the token they own by launching on our platform through the $PLYC partner program.
Decentralized exchange that features custom functionality and allows holders to trade among themselves, and without any centralized point of failure, any BEP20 token for another. It is powered by Pancakeswap, the most secure and safest DEX in the crypto world. It acts as the foundation on which Polycoin will develop further functionalities and use-cases for the $PLYC holders.
Initial Liquidity Offering that feature $PLYC pair only and without any centralized point of failure. $PLYC Launchpad is the safest and most secure means for innovative crypto startups, where users can participate in Initial Liquidity Offering using $PLYC. It is fully decentralized, it is based on the Binance Smart Chain solidity smart contract, and it has the easiest user interface.
Casino gaming platform will have live casino with attractive UI Design and offering to users play casino using $PLYC token.
Safest and Secure Multi Token $PLYC Wallet will have easiest UI with Multi Functionality.
The $PLYC’ wallet app will be introduced on both Android & iOS. Cross-Chain Trading will be enabled through the implementation of the Polycoin Protocol, linking multiple blockchain infrastructures. Initially, the MetaMask wallet will be used as the wallet on the website, but will be replaced by $PLYC’s in-house developed wallet. Later, MetaMask will only function in the web-app and shall be replaced by the native Wallet on mobile application, which will function on both the web and mobile applications.
Centralized Crypto Exchange Ios/Android App. $PLYC will bring for their Polycoin Family.
$PLYC’s Decentralized Exchange model generates revenue through trading, direct token to token swaps, the tier programs for $PLYC tools and launchpad offerings. These revenue streams are further briefed below:
$PLYC is an BEP20 token which started on the Binance Smart Chain. Binance Smart Chain is much greater speed and efficiency than other, competing chains. With decentralized exchanges on BSC offering lightning-fast swaps and extremely low fees, BSC has started to become one of the most widely used blockchains for Decentralized Finance (Defi).
BSC uses a token protocol developed by the Binance Team called BEP-20. Known for 5 second block speeds much faster than doge with 1 minute block speeds.
The $PLYC Token Smart Contract successfully passed a top-grade security audit to further the community's confidence, in full transparency.
$PLYC liquidity pools and listings are constantly added by many completely independent enthusiasts and supporters on a number of different exchanges, among which: Bitmart, Pancakeswap, Hotbit, Latoken
At Polycoin, we are designing a cryptocurrency based on definitive market rules and fundamental economic principles. Polycoin reconciles a high-performance protocol with integral price stability features.
$PLYC developers have a long history of working with gold and cryptocurrency. They also possess the marketing, programming, logical, technical, and operational skills needed to accomplish this project. The Core team has been developing the fundamental idea behind $PLYC for the last 12 months.
Our token mechanics are structured so that there are a multitude of influences for material appreciation. Starting with growing transactions and constant onboarding of new clients we start to build a higher use for our token and a higher demand. With this kind of assistance to the velocity of our token along with its use in crypto trading, it can measurably reach its true intrinsic value.
With the growing use of the token by businesses on the platform we effectively reduce price risk relative to the dollar for all holders, setting a comfortable base for which we can assume, following price discovery on exchanges, our cryptocurrency will not fall through. This also sets the investment standard for traders to buy knowing that eventually, $PLYC tokens will reach certain support levels where there is only more upside as we grow.
We encourage the reader to do its own research, and decide whether to invest in our project.
By contributing in the token sale of $PLYC, the consumers represent and warrant to Polycoin team as follows:
Polycoin team reserves the right, at its sole discretion, to change, modify, add, or remove portions of this whitepaper and the terms at any time during the sale by posting the amendment on the Polycoin team website. Any purchaser will be deemed to have accepted such changes by purchasing $PLYC. If at any point you do not agree to any portion of the then-current version of this whitepaper and the terms, you should not purchase $PLYC.
This whitepaper includes market and industry information and forecasts that have been obtained from internal surveys, reports and studies, where appropriate, as well as market research, publicly available information and industry publications. Such surveys, reports, studies, market research, publicly available information and publications generally state that the information that they contain has been obtained from sources believed to be reliable, but there can be no assurance as to the accuracy or completeness of such included information. Polycoin team has not conducted any independent review of the information extracted from third party sources, verified the accuracy or completeness of such information or ascertained the underlying economic assumptions relied upon therein. Consequently, any entities of Polycoin team and officers and employees thereof do not make any representation or warranty as to the accuracy or completeness of such information and shall not be obliged to provide any updates on the same.