PCHAIN Crowd Sale Statement

Plian
2 min readMay 18, 2018

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Dear community members,

Thanks to the massive support from the leading venture firms and professional institutions, the private and pre-sale has been a great success and PCHAIN project has achieved significant development. Now the crowd sale is coming, time to reward our fans who has been supporting our communities!

The crowd sale of PCHAIN will start at 10:00am GMT, Monday, May 28th 2018. (eg.: 18:00 in Singapore, 14:00 in Dubai, 12:00pm in Germany)

Countdown timer: https://www.timeanddate.com/countdown/to?iso=20180528T18&p0=236&msg=PCHAIN+CROWDSALE&font=sanserif

A total of 50,000,000 PCHAIN Token will be available for crowd sale, raising up to 5000 ETH by ratio 1 ETH = 10,000 PCHAIN Token. Minimum purchase 0.1 ETH.

Within the initial 2 hours of crowd sale, the maximum personal cap is 0.4 ETH.

If all 50,000,000 PCHAIN Token are sold out within 2 hours, the crowd sale will end.

If all 50,000,000 PCHAIN Token are not sold out within 2 hours, the maximum personal cap increases up to 10 ETH (eg.: if you have purchased 0,4 ETH in the initial 2 hours, and the Tokens are not sold out, there is a chance that you can continue to purchase more Tokens up to a value of 9.6 ETH).

Maximum gas price: 60 gwei.
Gas limit: 200000 (Recommended).

*There will be a counter, together with detailed guidance. No worries!

Important reminder:
* Our whitlist has been examined by our lawyer, they are legally qualified.
*If you are not on the whitelist, please don’t participate in our crowd sale. Or, we will confiscate the PCHAIN Token you get and never refund your ETH and you shall be investigated for legal responsibility.
* Do not send more ETH than allowed, this will be rejected by smart contract automatically and transactions will not be done.
* To check if you are whitelisted, login at pchain.org and if you see “ Congratulations! You passed KYC = You are whitelisted” and your ETH address, means you are on our whitelist and you can participate.

As you notice, the allocation for crowd sale has been adjusted and it seems small. Three reasons as below:
i) Token quota was over booked during presale by firms and institutions.
ii) Uncertainty of future policies against crowd sale. Although we’ve done a lot of frame work on achieving compliance, but legal risks still exist.
iii) A large number of whitelisted crowd sale participators.

Notice: PCHAIN token is rebranded to PAI.
https://medium.com/@PCHAIN/pchain-ticker-is-rebranded-to-pai-4760f36f9cc

PCHAIN crowd sale instructions:
https://twitter.com/pchain_org/status/1000343274878484480?s=20
https://medium.com/@PCHAIN/pchain-crowd-sale-instruction-79ee2c1f99b1

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

Thanks for your understanding and continuous support for PCHAIN!

YOUR PCHAIN TEAM

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Plian

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