PIN is a token with actual application scene and value issued by Poolin. It is also the proof of stake in Poolin community.
Poolin was established in November 2017\. Poolin team has been providing products and technical service for more than 1,000,000 miners and over 100,000 sub-accounts. Poolin team has built many globel leading products, spanning multiple vertical fields such as blockchain, browser, mining pool and wallet. Poolin.com mining pool (www.poolin.com) under Poolin was officially launched in November 2017 and currently supports BTC, BCH, LTC, DASH, ETH, XMR, ZEC, XMC, ETN, DCR and more cryptocurrency is coming.
In order to provide a better service experience for miners and carry out mining ecological construction, Poolin launched the token-PIN which is not through ICO. The PIN will be distributed the core builders (miners and mining-related practitioners) of Poolin through a reasonable mechanism.
Based on ERC-20 tokens currently, the total issued circulation of PIN is 2.1 billion. And its increase will never be issued. Its initial distribution plan is as follows:
l 60% for community: The PIN will be released for 3 years and distributed to users, mines, mining pool and mining machinery and any other practitioners.l 20% for long-term construction of mining ecology. The PIN will be used to distributed to the team and community who make contribution to mainstream cryptocurrency such as bitcoin.l 10% for Poolin team: The PIN is used for development team incentive, which will be unlocked after being locked for two years.l 10% for marketing and operation. The PIN will be used for the spending of marketing and operation of original team.
PIN, as the token with actual application scene and value, the actual application is planned as follows:
- Participation in making decision: PIN holders can participate in community decision making through a variety of ways to govern the community together.
- Election and supervision: Poolin will set up a community committee and be renewed regularly. All PIN holders can participate in the election of the committee, and they can also supervise the operation of the platform and the due diligence of the committee members.
- Currency privilege: Users who have reached a certain amount of currency can enjoy additional privileges, such as rate concessions, specific customer service, multiple incentive PIN, and redeemed commissions.
- Incentive Reward: We encourage users to participate in community building. Partners who make constructive comments and contributions to the development of the community will receive a corresponding amount of PIN reward.
- PIN SHOP: Poolin will launch Poolin products constantly, users can use PIN to buy products according to their own interest.
More landing applications will continue to be launched.
Wallet and Exchange
Currently, the wallets and exchanges supporting PIN is as follows:
Wallet: imToken, bitpie, bixin.
Exchanges: KKEX (https://kkex.vip/).