Presale and Token Generation Event Details

9 min readSep 17, 2019

Dear Planchain, Vechain, and Safe Haven Communities,

The PlanChain team is thrilled to announce our presale and token generation event (TGE) details. We are officially starting our pre-sale round with this announcement. We recently announced the features of the PlanChain IP Asset Management Platform and our redesigned website. Please visit planchain.io to learn more information about the PlanChain platform and PLAN utility token.

PlanChain is one of the few projects in the industry that will have utility before the public sale round. Thus, participants in our pre-sale and TGE will be able to use their PLAN utility tokens on the MVP of the PlanChain platform immediately after receiving their PLAN tokens. The PlanChain team is working towards a launch of the Proof of Ownership Engine (MVP) of the PlanChain platform during the pre-sale or node rounds of the TGE (and prior to the public sale round).

PlanChain will be the first Vechain ecosystem project to provide discounts/bonus to Safe Haven node holders. The first node round that will be conducted after the pre-sale round will offer discounts/bonus to BOTH Vechain X-Node holders (VET) and Safe Haven node holders (SHA).

We hope you join us in this journey to revolutionize IP asset management around the world using DLT and blockchain technologies.

Highlights:

PlanChain utility token ticker: PLAN
Total supply: 1.5 billion PLAN
Estimated circulating supply (when PLAN tokens released): 525 million PLAN
Approx. cost per token in public round: $0.02 USD/PLAN
40–65% discounts/bonus for presale round participants, see details below
25–40% discounts/bonus for node round participants, see details below
First #VeFam ecosystem project that offers discounts to BOTH VET X-node holders and SHA node holders
One of the few projects in the industry that will have token utility prior to public sale round — MVP of Proof of Ownership Engine will launch during Presale or Node rounds

We have established several campaigns for our Pre-sale and TGE:

Pre-sale Round (3 levels: Silver, Gold, Platinum)
X-Node and SHA Node Round
VET Economic Node Round
Public Sale Round

Pre-sale Round

date: Tuesday, September 17, 2019 — TBD

Silver Level — Pre-sale participant

Minimum contribution: 1,250,000 VET
Ratio: 1 PLAN/ 3.7 VET (40% bonus)
Token bonus lock-up: 6 months

Gold Level — Pre-sale participant

Minimum contribution: 2,500,000 VET
Ratio: 1 PLAN/ 3.4 VET (50% bonus)
Token bonus lock-up: 6 months

Platinum Level — Pre-sale participant

Minimum contribution: 5,000,000 VET
Ratio: 1 PLAN/ 3.1 VET (65% bonus)
Token bonus lock-up: 6 months

2. X-Node and SHA Node Round

Date: After Presale — TBD

Minimum contribution: 100,000 VET
Ratio: 1 PLAN/3.7 VET (40% Bonus)
Token bonus lock-up: 6 months

3. VET Economic Nodes Round
Date: After X-Node and SHA Node round — TBD

Minimum contribution: 50,000 VET
Ratio: 1 PLAN/4.1 VET (25% Bonus)
Token bonus lock-up: 6 months

4. Public Sale Round
Date: After VET Economic Node round — TBD

Minimum contribution: 30,000 VET
Ratio: 1 PLAN/5.0 VET
No lock-up period

Please complete the Whitelist and KYC process described below to participate in the Pre-Sale round or any of the TGE rounds.

You will be able to contribute more than the amount you pledged. Please note the minimum contribution amount in each round you participate in. Contributions that are not the minimum amount will be sent back to your VET wallet.

How to use the PlanChain Platform for participating in the Presale and TGE:

The process consists of 4 steps in which you will be carefully guided:

Register an account kyc.planchain.io and wait for Verification confirmation. It is very important to register your node wallet address in your account, so we can allocate you the bonus confirm your node status.
After you pass the Identity Verification (KYC Process), you will be able to login to your account.
Security: you can enable 2-Step Verification using Google Authenticator for your account.
edit: you can edit your account at all times.

Instructions for ThorBlock will be provided at a later time. If you plan to use ThorBlock, please make sure to first follow the Whitelist and KYC process on the PlanChain Platform following the instructions above.

Reminder for KYC Materials

Materials you need to submit for Identity Verification (KYC) are:

Passport or Government-issued Photo ID (Proof of Identity)

within the expired date
has a clear ID photo
government-issued
Handwritten paper with your name, date, signature and PlanChain + ID card.

2. Proof of Address

Recommend but not limited to : -Household utility bill -Current driver license -Bank, building society or credit card statement -Local authority tax bill
Proof of Identity and Proof of Address should not be the same document.

*Please note that, due to national legislation, participants from AT LEAST the following countries are not allowed to participate in the pre-sale or the TGE: USA, South Korea, Singapore, China, and certain sensitive counties (such as Iran, Iraq, Libya, Sudan, Syria, and others). It is the responsibility of each participant to determine whether they qualify AND to complete the Whitelist and KYC process described above. These restrictions applies to all types of people (moral, physical, agent, etc.) and to any indirect participant (via a proxy, a name loan, etc.). By participating in the pre-sale and TGE, the participant agrees to the terms and conditions and the token purchase agreement, and acknowledges that they meet the above provisions.

Looking forward to your participation!

What is Planchain all about?

The primary purpose of IP laws in jurisdictions around the world is to promote innovation by granting IP rights. IP rights give inventors, artists, and other IP owners the ability to protect their ideas, artistic works, and other IP assets. This allows IP owners to freely create without fear that someone else will capitalize on their efforts. IP laws are also meant to benefit society by encouraging inventors and artists to reveal their work to the public, in exchange for IP rights and the opportunity to monetize and receive other benefits from their IP assets.

Planchain is a next generation Intellectual Property (IP) Asset Management Platform that is powered by the PlanChain (PLAN) utility token and the VechainThor Blockchain. The Planchain platform will utilize DLT and blockchain technology to help manage, protect, and monetize IP assets in innovative ways. The Planchain platform offers blockchain-powered IP asset management solutions in the areas of copyrights, trademarks, and patents.

Proof of Authorship Engine

The PlanChain platform includes a Proof of Authorship Engine to create an immutable record of the authorship and ownership of an IP asset (e.g., a copyrighted asset, such as a digital photograph) on the VechainThor Blockchain. — User upload one or more files associated with IP asset. — User provides PLAN utility tokens. Alternatively, fiat or other digital assets provided by user are converted to PLAN tokens.

PlanChain uses a SHA-256 algorithm to generate one or more hashes.
PlanChain initiates transaction to generate immutable record on VechainThor Blockchain of the authorship and ownership of the IP asset, including a timestamp.
Optionally use fee delegation (such as MPP for VTHO) or atomic swaps to pay for VechainThor Blockchain gas.
PlanChain generates a blockchain certificate for user to document the authorship and ownership.
User has option to create a Non-Fungible Token (NFT) of their IP asset.
After receiving the blockchain certificate, the user may add an NFT of their IP asset to the IP Vault for secure storage or to the IP Marketplace for monetizing their IP asset.

The PlanChain team is currently building a partner network of IP professionals around the world. The user will have the option to work with one of our partner IP professionals if the user wants to register their IP in one or more official government offices.

The PlanChain platform includes an IP Asset Marketplace called THORM that allows users to monetize theirIP assets. THORM can use NFTs that represent IP assets and the metadata associated with the IP assets. Users can create profiles on THORM and also IP portfolios (linked to their profiles) to list, showcase, and monetize all of their IP assets. All transactions will be powered by the PLAN utility token and the VechainThorBlockIPchain, and may optionally use fee delegation (such MPP for VTHO) or atomic swaps.

Sell: users can list their IP assets for sale.
License: users can list their IP assets for license.
Trade: users can indicate their IP assets are also available for trade.
Auction: users can sell their IP assets in an auction format.
IP Asset Portfolios: each user can showcase a portfolio of their IP assets.

→ Users can showcase a portfolio of digital photographs or other artistic works for sale/license/etc.

→ Companies and individuals can showcase a portfolio of their issued patents for sale/license/etc.

IP asset pooling — users can pool two or more IP assets for sale or license as a group.
Muti-party IP asset pooling — multiple users (such as multiple companies or individuals) can pool multiple IP assets for sale or license as a group and share the proceeds per the terms of an agreement.
Automatic transfer of ownership — automatically transfer the proof of authorship and ownership from the seller(s) to the buyer(s).
IP Asset Inheritance solutions — offer the user the option to sign up for inheritance solutions for their IP assets using technology powered by our partner SafeHaven.

The PlanChain ecosystem also includes a mobile application for IP asset management called SNAP BLOCK(patent pending) that integrates most or all of the features of the Proof of Authorship Engine, the IP Vault, and THORM: IP Asset Marketplace. Furthermore, SNAP BLOCK offers unique and innovative features forthe user that is on the go.

User snaps a digital photograph (or records a video or other media).
PlanChain automatically, or based on user input, generates a record on the VechainThor Blockchain for proof of authorship and ownership of the photo.

Two options:

→ Automatic option enabled — instantly and seamlessly perform operation after capturing photo.

→ User input option enabled — user asked to confirm immediately after capturing photo, and operation performed instantly after user confirmation.

PlanChain automatically generates blockchain certificate for user.
User has option to instantly create a Non-Fungible Token (NFT) of their photo.
User has the option to add a digital signature to their photo to visually indicate a record of ownership has been added to the blockchain (and optionally add other metadata).
User has the option to seamlessly add their IP asset to the IP Vault, and to their profile/portfolio in the THORM IP Asset Marketplace in order to monetize their IP asset.

All transactions using the Mobile Application will be powered by the PLAN utility token and the VechainThor Blockchain, and may optionally use fee delegation (such MPP for VTHO) or atomic swaps.

Links:

Telegram: https://t.me/Planchain

Telegram: https://t.me/Planchainannouncements

Website: https://planchain.io/

Reddit: https://www.reddit.com/r/Planchain/

Medium: https://medium.com/@PLANCHAIN

Twitter: https://twitter.com/Planchainio