In September 2020, we announced a token awareness campaign aimed at increasing accessibility of the Pluton (PLU) token. We can now reveal the arrival of another T1 listing with the Asian-based exchange, KuCoin.
New Exchange Listing — KuCoin
Time
17 Dec 2020, 10am UK (6pm SGT)
Activity
Listing
Pairs
USDT/PLU
Link
https://trade.kucoin.com/PLU-USDT
What is Plutus?
Check out the Plutus Journey >
Founded in 2015, Plutus is one of the longest-standing crypto companies. Plutus is a finance application, available on both web and mobile. It provides an easy alternative to modern banking with access to cryptocurrencies. The finance app allows user to:
- Create a Fiat Account
- Connect any Non-Custodial Wallet (without revealing the private keys)
- Swap Assets Via a Built-In DEX (no need to trust a 3rd party with assets)
- Spend via a Debit Card (both fiat or converted crypto)
- Earn 3% Crypto Rewards (on every single purchase without staking)
- Stake to Unlock Additional Optional Rewards (up to 15%)
Expansion to Asia
Having built a product with tens of thousands of users, Plutus is now seeking to expand to Asia and Latin America in 2021, as well as obtain a banking license in 2022.
What is Pluton (PLU)?
Pluton (PLU), is the world’s first decentralised loyalty reward token. Every time a user spends with their Plutus Card, they receive 3% of the purchase back in PLU.
Converted into Additional Card Balance
Earned or purchased PLU can be instantly swapped (at 0% fee) for fiat that is spendable at over 60 million Visa merchants.
Staked for Additional Benefits
Staking PLU unlocks additional cash and crypto rewards (up to 15%) at popular brands such as Amazon, Apple, Sky, Nike, and more.
Redeem for Plutus Premium
A single PLU can be redeemed for an entire month of Plutus Premium which is ordinarily priced at £/€9.99.
Transferred without Restrictions
Unlike traditional reward tokens, PLU can be sent to friends and family to be used for their in-app benefits.
What is Plutus Perks?
Pluton Rewards is a feature that offers Premium/Pro members 3% in crypto (PLU) on any Plutus Card purchase made at millions of stores at which the Visa card works (both online and in-store). PLU are fungible.
Plutus Perks is a separate feature that offers additional rewards to those who stake PLU on top of the usual 3% in crypto, this only applies to selected online retailers.
Brands at which you can earn up to 15% in rewards include Apple, Amazon, Sky, Nike and more. Plutus Perks also includes benefits such as a free Pro account, bonus crypto when purchased on the PlutusDEX, and numerous others.
Tokenomics
Total Supply: 20,000,000
Circulating Supply: 1,850,000
Plutus has intentionally kept the circulating supply low to benefit early holders of PLU the most.
Pluton Rewards Pool: 17,150,000
The majority of the tokens are locked away to be awarded to users of the Plutus Card (the 3% reward comes from this) over many decades.
View Pluton Longevity Calculator >
View Reward Pool on the Blockchain >
Roadmap
Pluton Liquidity Injection Programme (PLIP)
Plutus recently embarked on a programme aimed at increasing accessibility of PLU. This included several exchange partnerships. Since November, PLU has been listed on numerous well-known exchanges (Bitfinex, BitMax, KuCoin, etc.) and there are plans to list PLU on numerous others.
Exciting Plans
2021 — Launching in Asia
2021 — Launching in Latin America
2022 — Banking License
Unique Selling Points
Non-Custodial Crypto + Neo-Banking Features
Plutus offers similar features to neo-banks, however, it also lets you connect your personal crypto-wallet so you can interact with both assets from one app. Plutus customers retain sole possession of their private keys at all times, upholding the value proposition of crypto — ownership of your assets.
Crypto-Fiat DEX on Mobile
Plutus is one of the only cards that use a DEX to facilitate the conversion from crypto to fiat prior to spending meaning you never have to trust a 3rd party.
Generous Crypto Rewards (No Staking Required)
A rewarding Visa Debit Card allows users to spend both fiats or converted crypto at over 60m merchants worldwide. Every time a user spends with their Plutus Card, they earn 3% back in crypto (PLU) as standard without having to stake anything.
More Information
For more information, visit our social media channels or sign up:
- Website: https://plutus.it/
- Blog: https://medium.com/plutus
- Twitter: https://twitter.com/plutus
- Telegram: https://t.me/plutus_group
- Discord: https://discord.com/invite/JRzs7YQ
