Dear Plutus.it Community members,
Earlier this week we announced details of the public beta launch on our latest blog post, where users received the long awaited news of live currency deposits on the app. The same day, our sage at Plutus, our CTO Martin Szyllo took to the stage to present a live demo of the Plutus Tap & Pay and PlutusDEX at Finovate Europe 2018 in London.
Please note that the migration over to the public BETA test will be complete on 12th March and we should be live soon after.
PLU will be the first token to be accepted in Tap & Pay, and members will be limited to selling 150 GBP / 170 EUR worth of PLU in total during the initial testing phase (at a maximum of Level 1 Verification).
After a few weeks of testing, other cryptocurrencies will be unlocked and members will gain full access to the PlutusDEX as well as higher spending limits and levels of KYC verification. For more details, please read our recent blog post: Plutus Tap and Pay — Launch Date
Pluton Yellow Paper
To incorporate new developments in Bitcoin, Ethereum, and its markets, scaling adjustments have been made to ensure the longevity of the token. No more confusion or rapidly depleted reserves when it comes to getting and spending converted PLU!
To find out more about PLU and the rewards system in greater detail, head over to the Pluton Yellow Paper. And don’t worry, the original incentives as outlined in the White Paper have been maintained.
Updated Pluton Calculator
Due to popular demand, we have updated and released a brand new Pluton Reward Emission calculator which makes it easy to figure out how many PLU will be distributed by the loyalty reward smart contract and how many you will receive whenever you make a deposit.
For a quick overview and to play around with different values, please navigate to version 0.1 of the Pluton Reward Emission Calculator (our resident designer Filippos has made a beautiful new design, which will be added next week to our homepage): Pluton Reward Calculator (temporary page)
And if that wasn’t enough, there’s even more good news. Right now, we are working on PLU listing on several of the major exchanges.
If you want to be notified as soon as this happens, please join our Telegram group. We would like to clarify once again that this news will always be announced in our Telegram group first, before all other channels. Join now if you don’t want to miss out!
Adding Pluton to Your Exchange or Service
The Pluton Yellow Paper posted above contains everything an exchange or other third-party service would need to add PLU into their system. And since it follows the ERC20 decentralized token standard, most cryptocurrency services already have the necessary infrastructure in place. See below for an overview of the most important details:
Name: Pluton
Type: Ethereum Token — ERC20
Ticker: PLU
Token Contract Address: 0xD8912C10681D8B21Fd3742244f44658dBA12264E
Decimals: 18
Circulation: Currently 850,000 from the crowd sale since June 2016
Total Supply: 20,000,000
Supply emission rate: 120–150 years
Allocated for automatic rewards: 20,000,000–850,000 = 19150000 PLU
Our New Hires
Welcome our new Head of Marketing to the Plutus.it crew, Peter Panayi!
Before joining Plutus.it, Peter held several key sales and marketing leadership roles within IT, telecom, media and market research, as well as launching award winning products in business intelligence and media. He is a highly accomplished sales and marketing strategist with 15 years experience and a core background in consumer insight.
Peter has a proven track record in creating high growth market leading product propositions with a consumer focus. As an individual who is passionate about emerging markets, he has been an active investor within the Cryptocurrency space since 2015.
New Software Development Hires
Please welcome Roman Suleymanov, our new QA engineer, as well as Kemal Smalyov, Senior Software Engineer, to the Plutus team! Quality assurance and solid code is something we take very seriously, which is why we are always looking to expand our team with the right people. This isn’t just any payments platform we are building — it’s decentralized technology and we’re up for the challenge.
Dedicated Customer Support Hire
We have hired Anton Golovanov to provide technical support. Anton is yalready taking care of any troubleshooting and technical inquires, as well as further started gearing up our support to handle the inflow of more users in preparation for opening a fully public BETA. Welcome, Anton!
Plutus on the Road
Plutus has been chosen to attend the SXSW18 in Austin, Texas. And best of all, this year has a heavy emphasis on cryptocurrencies and blockchain technology.
We have also been selected by Capital Factory to participate in a series of 1-on-1 sessions with tech influencers on Saturday 10th as well as attend the World Tokenomic Forum.
P.S. We are still looking for highly motivated candidates with a background in blockchain, mobile payments, and cryptocurrencies. Also, other new and interesting positions may appear over time. So why not head over to our workable page and send us your CV? https://plutus-dot-it.workable.com/
Sincerely,
Plutus
