PCHAIN (PAI) Progress Report (2018/06/01–2018/06/07)

Plian
4 min readJun 7, 2018

Dear PCHAIN(PAI) Supporters,

This is the first ever PCHAIN(PAI) Progress Report. We will update the community every week on the progress of the PCHAIN project. In this report, we will cover everything that is related to PCHAIN over the week.

Before we continue with this report, the PCHAIN team would like to thank each and every supporter who have been with us for the past 3 months or so, who have been following us on our journey which led to us successfully reaching our hardcap of 50000 ETH. The overwhelming support of our community is appreciated by the team. We couldn’t thank you enough!

Our Founder and CEO, Dr. Feng Cao (Jeff) reflected on the crowd sale experience by saying that he is “truly humbled” by the support shown.
Link: https://twitter.com/jeff_fengcao/status/1001067547494465536

Let’s begin with our Progress Report proper!

A. Exchanges

PCHAIN(PAI) token is currently trading on two official exchanges, one of which is Bibox and the other IDEX.

Bibox, one of the more popular centralized exchange, is currently having a trading promotion/giveaway with PCHAIN. The trading promotion will last from 2018.06.01 16:00 to 2018.06.08 16:00 (GMT+8).

More information on how you can win some PAI tokens can be found here:https://bibox.zendesk.com/hc/en-us/articles/360005141794--Event-Pchain-PAI-World-Premiere-on-Bibox-Millions-of-Awards-to-Give-Away

PCHAIN is ranked 10 on Bibox trading volume!

IDEX.Market, the most popular decentralised trading platform has listed PCHAIN and for the past 6 days, PAI is continuously on the FIRST spot in terms of trading volume.

The link to trade PAI/ETH on IDEX is: https://idex.market/eth/pai

PAI/ETH first spot in terms of trading volume for the consecutive 6 days

A word of caution: We are aware of other exchanges listing PCHAIN without asking for the team’s permission. Those exchanges include: Hotbit, DDEX, Bilaxy etc. We would like to inform the community that should you decide to trade on those unofficial platforms, please be extra cautious and only do so if you trust the exchange. The PCHAIN team will not be responsible for any losses.

The team is actively seeking to be listed on more popular exchanges and is working hard to ensure that.

B. PAI Token listing on several market data website

A huge thanks to major Cryptocurrency Market Data websites and mobile applications that list PAI swiftly — allowing our community to check for updates on prices easily!

We are currently on Coinmarketcap, Livecoinwatch and Worldcoinindex.

PCHAIN(PAI) is ranked 165 on Livecoinwatch!

Apart from these websites, we are also on Blockfolio, Delta, BitKan and imtoken mobile applications.

PCHAIN PAI in BitKan. BitKan established in 2012 which provides the latest price for bitcoins and other tokens in various exchanges.
PCHAIN(PAI) on imtoken. Western people may be not familiar with imtoken. imtoken stores 35 Billion USD worth in ETH, which is larger than Coinbase and 99% banks in US.

C. Technical Development

The technical team at PCHAIN has made a discovery of the new epic level design on multi-chain system.

PCHAIN is the world’s first multi-chain system supporting EVM.

To learn more about the mechanism of PCHAIN and it’s structural design: https://medium.com/@PCHAIN/dr-feng-cao-pchain-multi-chain-principle-58301590d68d

Jeff adds: “ It’s a historical moment of the multi-chain system. “

D. Conferences and Talks

On the 6th of June, Dr Feng Cao (Jeff) was invited to speak at the 2nd Blockchain New Finance Summit Forum held in Shanghai, China. The CEO and Founder of PCHAIN spoke on the panel discussion of blockchain innovation and applications in finance, which he actively discussed about the integration of MultiChain+Sharding+CrossChain + New Consensus Algorithm (PDBFT) in PCHAIN and its potential applications in finance with Smart Data.

Some photos of the summit:

Founder and CEO of PCHAIN, Dr Feng Cao (Jeff) answering the moderator’s question

Dr Feng Cao (Jeff) will also be giving a Blockchain Lecture to China Securities Regulatory Commission of Jiangsu Province/State next monday.

The PCHAIN Founder and CEO is invited to give a blockchain lecture to high-level authorities and government officials from the China Securities Regulatory Commission of Jiangsu Province/State about Blockchain and how Blockchain is revolving around the financial industry.

In the letter, the Commission wishes to understand blockchain and use its benefits to promote Capital Market Services through Science and Technology Innovation. Dr Feng Cao (Jeff) has accepted their invitation and will be speaking to them on the 11th of June at 2pm China time.

Closing Words

A huge thanks to the community for actively supporting our project. We look forward to sharing with you our next weekly progress report! Stay tuned for more exciting developments. We will see you next week!

Do take note: anything written in this article is not an investment advice, you are to do your own research and due diligence. The writer owns cryptocurrency and may be bias to certain crypto projects.

Join PCHAIN’s ever growing community at the following links:
Telegram: https://t.me/pchain_org
Telegram(Chinese Community): https://t.me/pchain_CN
Telegram Announcement Channel: https://t.me/pchain_org_ann
Twitter: https://twitter.com/pchain_org
Founder/CEO’s Twitter: https://twitter.com/jeff_fengcao
Medium: https://medium.com/@PCHAIN
Steemit: https://steemit.com/@pchain
Reddit: https://www.reddit.com/user/pchain_org

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Plian

Plian positions itself to bring near-instant blockchain transactions without sacrificing decentralisation or security to public and enterprise DeFi.