The progress report for last May of the project’s Team
Part 1.
The main update in May 2018 for DS PLUS (PlusCoin) is the release of PLCN.
The reasons of it are breach of obligations by DS PLUS partners and the crisis situation on the market of cryptocurrencies.
The extraordinary session on the company strategy in future was held earlier. A unanimous decision had been adopted in the of respect of release of PlusCoin Token fork — PLCN.
The new token assessment will be conducted automatically for all the pre-sale and ICO participants. The process of tokens distribution was started on May 10th 2018 and it continues. The transactions can be implemented very slowly in connection to the net workload and sending of ERC20 with limited comission. The team is working on the process acceleration.
The team is preparing a special exchange at official site (https://pluscoin.io/) for all the rest tokenholders. It’s launch is scheduled for June 2018. A tokenholder is able to apply for exchange , pass the moderation phase and get new PLCN token. The indispensable condition of passing the moderation phase is the lack of transactions of PLC after May 10th 2018. In the exceptional cases such applications will be manually reviewed by a responsible person of the project with the participation of a tokenholder.
The ratio of exchange from PLC to PLCN is 1:1.
But new PLCN tokens will not be distributed to all the tokenholders. The restriction is set for the hackers’ (conducted thefts among tokenholders) wallets, the “bad” fund’s and the leasing company’s wallets. The exchange will be available for all the rest tokenholders.
The new token will fully replace the old one in all respects. The transactions at the platforms of the project will be allowed only for PLCN token.
The first decentralized exchanges were recently hit: Etherdelta and Forkdelta. In the closest time trading pair PLCN/ETH will be launched at TIDEX (a centralized exchange).
https://etherdelta.com/#0xcfc2437916a6df165235272dbfb116687bb1a00b-ETH
https://forkdelta.github.io/#!/trade/0xcfc2437916a6df165235272dbfb116687bb1a00b-ETH
Part 2.
Technical part — 3 main areas of work.
P2P is a platform for an exchange of goods between users; the transactions are controlled with smart contracts.
Private Blockchain is an autonomous Ethereum-based net which allows commiting transactions with zero comission;
Client’s portal is a support system for users (with tickets) at official site (https://pluscoin.io/). All the requests are automatically assigned to responsible executives and being controlled by managers. This system will become a more effective method of support of the community, in comparison with already existing channels.
All the main functions of P2P platform are already implemented. These days the team of the technical department is debugging its work in connection with private Blockchain and finalizing smart contracts for deals. The private blockchain and client’s portal will be launched together with P2P platform.
The products being developed are completely brand-new. That is why the whole architecture and methods of implementation are being developed “from scratch” by the technical department. And there are, of course, many unexpected difficulties affecting the timing. However the team works every single day. We are going to announce the first results of work in this field before the end of June 2018.
Part 3.
Thomas Miroslavski, a partner of DS PLUS (PlusCoin) project, has prepared rebranding of PLCN and other graphical components. There was the voting on the main colour of new logo. The renovated design will сome into force by June 10th 2018.
There are also planned changes in the structure and design of the official site (https://pluscoin.io/), but more time is required for their implementation. The estimated period of implementation is June or July.
The work regarding page making of new screens for DS PLUS mobile app was conducted in May 2018. We will be able to see them shortly.
DS PLUS — PlusCoin (PLCN)
A DECENTRALIZED CASHBACK PLATFORM ON THE ETHEREUM BLOCKCHAIN
