PropelCrypto (PCR)

 PropelCrypto (PCR) is an Ethereum blockchain ERC20 token that had a 1 quadrillion token supply at launch, which was subsequently decreased to 1,000,000,000 post-burn. The main function of PCR in Africa is to serve as an Entrepreneurs' Token, allowing business owners to keep, manage, and exchange these tokens for financial gain. It also acts as a crucial source of funding for the establishment of a tuition-free business school with a sole focus on entrepreneurship.

IEO and Engagement with the Community

An exclusive chance to join the ground-breaking Entrepreneurs' Token Community is provided to early adopters through the ongoing IEO (Initial Exchange Offering) on DEX-TRADE. With its innovative architecture, PCR seeks to simplify investments in global venture capital as well as African entrepreneurial endeavors.

Technical Information and Audit

This currency ensures safe and transparent transactions on the Ethereum blockchain by operating under the ERC20 standard. The technical integrity of a smart contract is confirmed by a security audit, which lays the groundwork for user confidence and dependability.

Token Finance

The distribution plan of PCR is outlined to guarantee an equitable distribution. This comprises a breakdown of the post-burn total token supply, as well as information on the token's utility as an investment token, school investment fund, and entrepreneurs' token. The Vesting Period outlines the goal of PCR within the entrepreneurial ecosystem and ensures a planned token release to various businesses.

Staking and Incentives for Ecosystems

The use of the token also includes staking rewards, in which holders of PCR tokens can stake them in exchange for a return on investment in USDT. The basic elements that propel scarcity and value appreciation are the Staking Rewards structure, lock-up periods, and burn processes.

Additionally, the token's functionality includes access to the investment fund of the Entrepreneurship School, which is meant to assist student-initiated business enterprises. The platform's dedication to encouraging active engagement and guaranteeing the integrity and security of the token and its related ecosystem is further demonstrated by the emphasis on incentives and security measures.

Staking and Its Function in the Ecosystem of PCR

A crucial component of PCR that gives token owners the ability to actively take part in safeguarding and confirming transactions inside the blockchain network is the staking mechanism. To support the network's operations, users who stake their PCR tokens do so by locking a certain number of tokens in a specialized wallet. This contribution compensates users for their participation while also bolstering the security and functionality of the network.

PCR holders can receive incentives in a variety of ways through the staking procedure. Token holders would be encouraged to support the stability of the network by receiving these rewards in the form of extra PCR tokens. Following the token's listing, the community will be informed about the percentage of rewards, lock-up times, and particular staking mechanics like the distribution method and payout frequency.

The staking mechanism is also essential to the ecology of PCR since it controls inflation and makes the token scarcer, which raises its value. The staking rewards scheme will include a planned and well-executed token burn mechanism. By removing certain tokens from circulation on a regular basis, this process essentially lowers the total token supply. This controlled reduction in supply aids in stabilizing and appreciating the token's value over time.

The platform aims to establish a transparent and rewarding staking structure, ensuring fairness and inclusivity for all participating members. The detailed parameters and guidelines concerning staking, including the exact rewards, lock-up periods, and the governance rights associated with staking, will be officially communicated post-listing, offering a clear and comprehensive guide for interested stakeholders.

This innovative staking feature not only incentivizes active participation but also aligns with PCR's mission to create a vibrant and engaged community, fostering a sustainable and prosperous ecosystem for all participants, from entrepreneurs to investors. Staking rewards users for their commitment to the network's security and, in turn, reinforces the collective goal of advancing entrepreneurship within Africa and beyond.

Token Name: PropelCrypto (PCR)

Token Standard: ERC-20 (Ethereum)

Total Supply: 1,000,000,000 PCR (After Burn)

Token Symbol: PCR

Decimals: 18 (Standard for ERC-20 tokens)

Token Distribution:

Initial Distribution:

Team and Advisors: 20%

Early Backers and Investors: 10%

Reserve Fund: 10%

Public Sale: 60%

Vesting Period:

Team and Advisors: 3-year vesting with a 1-year cliff

Early Backers and Investors: 6-month vesting

Token Utility:

Entrepreneurs’ Token: PCR serves as an Entrepreneurs’ Token in Africa. Entrepreneurs can hold and own PCR tokens, trade them for profit, and use them as a means to access educational resources and support from the Free Tuition Business School for Entrepreneurship.

Investment Token: PCR can be purchased by investors. Investors can stake their PCR tokens in exchange for a Return on Investment (ROI) in USDT.

School Investment Fund: The Entrepreneurship School’s board will use the investment fund generated from PCR token staking to invest in various entrepreneurial projects initiated by students. These investments aim to generate higher ROI, benefiting both the investors and the entrepreneurial community.

Token Release Schedule:

As per Initial Token Sale Schedule: IDO with specified terms and conditions.

Staking Rewards: Staking rewards structure, including ROI percentages and lock-up periods will be announced after listing.

Burn Mechanism:

Token burn mechanism will be implemented, where a portion of tokens used for staking rewards are periodically removed from circulation. This will help control inflation and increase scarcity, which will lead to increase in token’ value. Announcement will be made when such is scheduled. 

Ecosystem Incentives:

Periodic incentives will be announced for entrepreneurs, students, and investors to participate actively in the ecosystem. This could include rewards, discounts, or governance rights within the Entrepreneurship School.

Security Measures:

Implementation of rigorous security measures, including smart contract audits, bug bounties, and insurance, to protect token holders and the integrity of the platform will periodically be carried out.

PCR's mission

PCR's mission to empower entrepreneurs, foster educational initiatives, and provide a reliable investment avenue exemplifies its pivotal role in transforming the entrepreneurial landscape in Africa and globally. For more comprehensive details or inquiries about the project, interested individuals are encouraged to reach out to support@propelcrypto.com.

Link to their website:

Website: https://t.co/hiImtOQWES

White Paper: https://propelcrypto.online/wp-content/uploads/2023/05/PRC-whitepaper.pdf

Telegram: https://t.me/PropelCryptogroup

Linkedin: https://www.linkedin.com/company/propelcrypto

Twitter: https://twitter.com/PropelCryptoPCR

Facebook: https://www.facebook.com/PropelCryptoPCR

#propelcrypto #cpr #IEO #cprtrend

Author

Forum Username: Ratih999

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2527799

Telegram Username: @Ratih999

BEP-20 Wallet Address: 0x9d1B3f8eD922d8363D6e5fbB1a024e3BC8092755