Platin allows anyone to geo-locate a digital asset (cryptocurrencies, documents, images, etc.), anywhere on the map, anywhere in the world, in real time. This is made possible through open, privacy-preserving zero-knowledge proofs developed as part of the Platin protocol.
The PTN/PTNX are Ethereum-based tokens that enable secure and verifiable location proofs to be requested via Platin’s Proof of Location (PoL) protocol on the blockchain, or to enable the coupling of and representation of geographical information within secure digital assets. These tokens are also the mechanism underlying incentivization for participating nodes to witness, verify and attest to location claims. Proof of Location exists primarily as a result of the PTN/PTNX (PTN/X) tokens.
Platin ICO date is yet TBA. The ICO token supply represents 30% of the total token supply, so there is a total of 300,000,000 tokens available, for a to be determined price. The ICO funding target is 3,000,000 USD, the funding cap is 18,000,000 USD. Any unsold/remaining tokens will be burned.
Token Reserve Split (70%):
Platin ICO campaign features bounties, and the token will not be mineable.