Precium Was Selected as CoinAll Star Project, How Many Times Can It Turn Over?

Jacky Chen
CoinAll
Published in
2 min readJun 18, 2019

The emergence of blockchain and smart contract technology has dramatically changed the existing business model. It approaches not only reduces the risk of trust, but also eliminates the need for third-party guarantee agencies to intervene, smoothing the entire business process, and significantly reducing costs and making resource allocation more efficient.

Recently, many exchanges are actively taking the foundation projects for IEO, and these projects will have a 5x to 10x increase in the after listing. Because at present, the valuation of public chain projects is obviously higher than others, so the price increase impressively. However, most projects like this are mostly focused on improving TPS, blindly pursuing the transfer speed without any ecology system and practical value at all.

That’s what CoinAll latest Star Project Precium different from these projects.

The overall structure of the Precium platform is divided into two parts. The bottom layer is Onyx Chain, which is a hybrid blockchain that combines the public and private chains. In this way, the transparency of the blockchain and the privacy can be guaranteed at the same time. More critically, this approach allows for more efficient use of Oracel technology to enable external data to be safely and reliably input to the blockchain network, creating a robust smart contract ecosystem.

Through this architecture, even if you know nothing about blockchain, you can quickly find the right smart contract to use according to your needs, without worrying about the blockchain

Besides the bottom layer, ecology system is another important part of Precium.

The first application on the Precium platform is K CENT, a KOL marketing company with more than 200 top (5%) Korean KOL and about 10 million fans. The company received $16 million in revenue in the Korean market in 2018. By blockchain, Precium will make the advertising contract and asset flow between KOL and advertisers open and transparent, so that individual can actively participate in determining the influence of KOL, and finally build a blockchain based. Digital marketing platform for technology.

In a word, it’s reasonable for CoinAll to select Precium, wchich combine the bottom technology and upper layer application as a star project. Now think about it, many so-called “public chains” on the exchange can be turned 5 times, 10 times, how many times will the leading Precium be? let us wait and see.

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