PRESALE ON GEMPAD

ProjectX's presale of Platinum tier is taking place on the 22nd of November at 4pm UTC!

Mark your calendars and set your alarms.

Presale link: https://gempad.app/presale/0x606feA39F260D8915EBD50EEFd29c2f11380a809?chainId=1

INTRODUCTION

Before we dive into ProjectX's entire ecosystem we'll start it off with an introduction to help you understand what they're planning to accomplish, solutions to the problems in the space as well as a quick rundown of utilities.

First and foremost, The ProjectX decentralized platform + blockchain-enabled browser securely stores and values big data (a $100T market), returning this value to businesses and individual users as fungible currency as part of their internal economy. This makes goods and services cheaper for individual users while improving companies’ bottom lines.

AIM Their primary use case is Southeast Asia’s (SEA) #1 economy: Indonesia’s Chamber of Industry and Commerce (Kadin) is whitelisting their bridging token, $PXC, as one of only 380 legal crypts in a country of 270 million crypto-hungry users. PXC is the gateway token between ProjectX’s internal economy and the mainstream economy. This gives PXC, unparalleled utility and stability unmatched by any other cryptocurrency.

Kadin aims to encourage the uptake of both PXC and their data-backed internal token, $PRX, to meet the needs of Indonesian business and commerce in terms of liquid capital and assets held. This will maintain Indonesia’s position as SEA’s largest economy through USD $Trillions in tokenized assets on our platform, all while helping Indonesia achieve net-zero emissions before 2060 — a blueprint for a sustainable economy and world. This is ahead of expanding this uptake throughout SEA, Asia and then globally within the next 12–18 months.

PRIMARY $PRX USE CASE

In order for Indonesia to earn its place as one of the world’s developed countries by 2025, the Indonesian government aims to strengthen collaboration between the government and the private sector while optimizing Indonesia’s economic potential as the leading SEA economy.

ProjectX commits to supporting Kadin by granting Indonesian businesses access to their data-backed asset and currency, PRX, thereby unlocking trillions of dollars in data value to expand Indonesia’s economy in the coming years.

THE PROBLEM AND PROJECTX'S SOLUTION

USD $Trillions of untapped data value must be rapidly realized in order to meet Indonesia’s ambitious sustainable energy initiatives while stabilizing the rupiah’s historic vulnerability.

ProjectX aims to assist Indonesian businesses realize USD $Trillions by facilitating the tokenization of their data as PRX, commensurate with the value of data output projected over the next 10 years by Indonesia’s rising industries. This will enable Indonesia to meet its ambitious targets of 25 percent EVs of total vehicle sales by 2030, as well as other sustainable initiatives, including Net Zero by 2060, while stabilizing the rupiah with an alternative supply of liquidity based on real market value (i.e., ProjectX’s data-backed currency, PRX).

WHY $PRX?

Critically, by implementing PRX, efficient/sustainable systems, processes, and distribution networks become the only systems that are economically viable. This is by default of the fact that PRX is backed by the data algorithms generated by these efficient systems; the more efficient the systems the more stable PRX becomes as an asset and currency, and the cheaper (and hence more profitable) the processes become and therefore the companies that implement them. This direct link between the factors of production and their asset/currency is the basis of their internal economy — the only viable economic model and currency ever suggested or conceived that is capable of stop gapping major funding shortfalls, including the RPJPN 2005–2025 and the 2030/2050/60 agendas.

TRACTION

• ProjectX's tech and assets are designed to allow financial institutions and crypto exchanges to reduce to zero any potential exposure to poor governance, an unstable crypto/mainstream market, bad actors, insufficient assets and poor liquidity.

• They have built proven tech (Github available, prototype launched on Mac, Linux, PC, iOS, Android with 4.6 stars on Google Play/140K downloads across platforms).

• They are being whitelisted by Kadin as one of only 380 legal crypts in SEA’s largest economy of 270 million people.

• PXC will automatically be listed for trading on the PRX DEX at launch.

PRODUCT VIABILITY

There is no data-backed currency in existence, nor any technical or economic theory or concept ever proposed or conceived that can deliver one. (Hence the strong early interest in our game-changing tech and concept.)

Having said that, although there is no other digital currency backed by anything (PRX is backed by AI aggregated data value and is hence uniquely stable), the nearest comparisons are stablecoins (themselves not actually stable in practice as they are often victims of financial risk contagion channels, The TerraUSD/Luna fiasco being a good recent example).

These stablecoin ‘competitors’ include Tether (USDT) (in yet more hot water as New York attorney general, Letitia James, called claims Tether’s stablecoins are fully backed by US Dollars ‘a lie’), USD Coin (USDC) (this supposedly ‘immutably pegged’ stablecoin having recently lost its dollar peg while falling to a record low after the company revealed it has nearly 8% of its $40 billion in reserves tied up at the collapsed lender Silicon Valley Bank), True USD (TUSD), Binance USD (BUSD) (and 200 others).

The takeaway here is the space is desperately in need of a new digital asset class and currency that is backed by something genuinely immutably valuable and stable: the AI aggregated value of user (big) data our platform stores on-chain, values and returns to users as a fungible currency and asset.

TECHNOLOGY

ProjectX is building a Web3 browser and chain agnostic custom chain, building on Cosmos IBC as this allows them to integrate their custom chain with all other chains to create the basis for a true IoB, ushering in Web3.

The PRX blockchain in conjunction with Cosmos is implemented so multiple chains on the PRX chain can communicate with each other. The PRX blockchain is partly implemented using a Cosmos SDK. Cosmos SDK is a modular framework for building interoperable, application-specific blockchains.

They are building specifically with Cosmos because it allows them to not only have several blockchains (one being for data storage others being for transfers etc) but have them seamlessly interact with each other.

PRODUCT DIVE

Customers primarily use ProjectX's Web3 browser, called Gleam, to access Web3, taking advantage of all the benefits Web3 offers, including communications, economic advantages etc.

PRX Gleam is a ‘true’ (as defined by the Ethereum Foundation’s premise) Web3 browser and custom blockchain. Gleam gives mainstream user access to the Internet of Blockchains (IoB), securing user data on-chain for each user. Users convert their data into a fungible currency, PXR, via ProjectX's Defi layer for their commerce and business needs (including purchases, loans etc).

By enabling mainstream users cross-chain access to the IoB, ProjectX ushers in Web3 in the same way Netscape ushered in the Web by giving mainstream user access to the original Internet. Users can opt in to contribute selected data to PRX’s exerithms, which, via Gleam, anonymize and ‘value’ this data. This valuation is determined by assigning values, both market and insight value, to all possible outputs derived from a specific input (similar to sCompute, Cirus) and expressing this as an economic value (PRX). In this way, the value of PRX remains stable as it is not prey to market variables and the asymmetric agendas of the speculators.

For each individual user, their data value is expressed as a ‘personalized’ exchange rate, called EXR (‘PRX Rate’ or ‘Exchange Rate’), which is a number to four decimal places displayed on a user’s task bar. EXR is applied by Gleam users via DeFi features — PRX Pay, PRX Bank, etc — to make payments cheaper, get better interest rates on PRX Loans, etc: EXR is effectively a personalized exchange rate between all currencies.

REVENUE STREAMS

Revenue streams primarily come from the vertical business solutions the project builds on their horizontal platform, including their DEX and payment services. These include PRX commercial and individual loans repaid at a competitive aggregate rate of 2–4.5%, with PRX P2P services at 0.25%-1% fees, while competitive fees at 0.05%-0.25% accrued from trading on their DEX will be the first revenue stream to come online 4–6 months post raise. Further revenue streams include their decentralized ads feature, which is being developed by their CMO, a former Swash ads lead, and P2P loans, under the direction of their advisor, a former Harvard economics professor.

TOKEN UTILITIES

ProjectX's token is the sole gateway between their internal data economy and the mainstream economy, giving PXC unparalleled utility for purchases, payments and other DeFi and finance features only accessible on their platform. This utility will be in evidence at DEX launch 6 months post-raise as it is the only way to access reduced fees and other facilities to trade on their DEX, placing enormous buying pressure on the token due to pre- and post-launch marketing of this and other DeFi platform features.

TOKENOMICS

Blockchain: ETH
Total supply: 100,000,000

Supply Distribution

Pre-seed Round 1: 0.8%
Pre-seed Round 2: 3%
Main Sale: 5%
Seed: 6.5%
Partners and Advisors: 10%
Team: 10%
Foundation: 33.7%
Ecosystem Reserve: 31%

Check them out at: https://t.me/PRX_Group

PRESALE ON GEMPAD

ProjectX's presale of Platinum tier is taking place on the 22nd of November at 4pm UTC!

Mark your calendars and set your alarms.

Presale link: https://gempad.app/presale/0x606feA39F260D8915EBD50EEFd29c2f11380a809?chainId=1

INTRODUCTION

Before we dive into ProjectX's entire ecosystem we'll start it off with an introduction to help you understand what they're planning to accomplish, solutions to the problems in the space as well as a quick rundown of utilities.

First and foremost, The ProjectX decentralized platform + blockchain-enabled browser securely stores and values big data (a $100T market), returning this value to businesses and individual users as fungible currency as part of their internal economy. This makes goods and services cheaper for individual users while improving companies’ bottom lines.

AIM Their primary use case is Southeast Asia’s (SEA) #1 economy: Indonesia’s Chamber of Industry and Commerce (Kadin) is whitelisting their bridging token, $PXC, as one of only 380 legal crypts in a country of 270 million crypto-hungry users. PXC is the gateway token between ProjectX’s internal economy and the mainstream economy. This gives PXC, unparalleled utility and stability unmatched by any other cryptocurrency.

Kadin aims to encourage the uptake of both PXC and their data-backed internal token, $PRX, to meet the needs of Indonesian business and commerce in terms of liquid capital and assets held. This will maintain Indonesia’s position as SEA’s largest economy through USD $Trillions in tokenized assets on our platform, all while helping Indonesia achieve net-zero emissions before 2060 — a blueprint for a sustainable economy and world. This is ahead of expanding this uptake throughout SEA, Asia and then globally within the next 12–18 months.

PRIMARY $PRX USE CASE

In order for Indonesia to earn its place as one of the world’s developed countries by 2025, the Indonesian government aims to strengthen collaboration between the government and the private sector while optimizing Indonesia’s economic potential as the leading SEA economy.

ProjectX commits to supporting Kadin by granting Indonesian businesses access to their data-backed asset and currency, PRX, thereby unlocking trillions of dollars in data value to expand Indonesia’s economy in the coming years.

THE PROBLEM AND PROJECTX'S SOLUTION

USD $Trillions of untapped data value must be rapidly realized in order to meet Indonesia’s ambitious sustainable energy initiatives while stabilizing the rupiah’s historic vulnerability.

ProjectX aims to assist Indonesian businesses realize USD $Trillions by facilitating the tokenization of their data as PRX, commensurate with the value of data output projected over the next 10 years by Indonesia’s rising industries. This will enable Indonesia to meet its ambitious targets of 25 percent EVs of total vehicle sales by 2030, as well as other sustainable initiatives, including Net Zero by 2060, while stabilizing the rupiah with an alternative supply of liquidity based on real market value (i.e., ProjectX’s data-backed currency, PRX).

WHY $PRX?

Critically, by implementing PRX, efficient/sustainable systems, processes, and distribution networks become the only systems that are economically viable. This is by default of the fact that PRX is backed by the data algorithms generated by these efficient systems; the more efficient the systems the more stable PRX becomes as an asset and currency, and the cheaper (and hence more profitable) the processes become and therefore the companies that implement them. This direct link between the factors of production and their asset/currency is the basis of their internal economy — the only viable economic model and currency ever suggested or conceived that is capable of stop gapping major funding shortfalls, including the RPJPN 2005–2025 and the 2030/2050/60 agendas.

TRACTION

• ProjectX's tech and assets are designed to allow financial institutions and crypto exchanges to reduce to zero any potential exposure to poor governance, an unstable crypto/mainstream market, bad actors, insufficient assets and poor liquidity.

• They have built proven tech (Github available, prototype launched on Mac, Linux, PC, iOS, Android with 4.6 stars on Google Play/140K downloads across platforms).

• They are being whitelisted by Kadin as one of only 380 legal crypts in SEA’s largest economy of 270 million people.

• PXC will automatically be listed for trading on the PRX DEX at launch.

PRODUCT VIABILITY

There is no data-backed currency in existence, nor any technical or economic theory or concept ever proposed or conceived that can deliver one. (Hence the strong early interest in our game-changing tech and concept.)

Having said that, although there is no other digital currency backed by anything (PRX is backed by AI aggregated data value and is hence uniquely stable), the nearest comparisons are stablecoins (themselves not actually stable in practice as they are often victims of financial risk contagion channels, The TerraUSD/Luna fiasco being a good recent example).

These stablecoin ‘competitors’ include Tether (USDT) (in yet more hot water as New York attorney general, Letitia James, called claims Tether’s stablecoins are fully backed by US Dollars ‘a lie’), USD Coin (USDC) (this supposedly ‘immutably pegged’ stablecoin having recently lost its dollar peg while falling to a record low after the company revealed it has nearly 8% of its $40 billion in reserves tied up at the collapsed lender Silicon Valley Bank), True USD (TUSD), Binance USD (BUSD) (and 200 others).

The takeaway here is the space is desperately in need of a new digital asset class and currency that is backed by something genuinely immutably valuable and stable: the AI aggregated value of user (big) data our platform stores on-chain, values and returns to users as a fungible currency and asset.

TECHNOLOGY

ProjectX is building a Web3 browser and chain agnostic custom chain, building on Cosmos IBC as this allows them to integrate their custom chain with all other chains to create the basis for a true IoB, ushering in Web3.

The PRX blockchain in conjunction with Cosmos is implemented so multiple chains on the PRX chain can communicate with each other. The PRX blockchain is partly implemented using a Cosmos SDK. Cosmos SDK is a modular framework for building interoperable, application-specific blockchains.

They are building specifically with Cosmos because it allows them to not only have several blockchains (one being for data storage others being for transfers etc) but have them seamlessly interact with each other.

PRODUCT DIVE

Customers primarily use ProjectX's Web3 browser, called Gleam, to access Web3, taking advantage of all the benefits Web3 offers, including communications, economic advantages etc.

PRX Gleam is a ‘true’ (as defined by the Ethereum Foundation’s premise) Web3 browser and custom blockchain. Gleam gives mainstream user access to the Internet of Blockchains (IoB), securing user data on-chain for each user. Users convert their data into a fungible currency, PXR, via ProjectX's Defi layer for their commerce and business needs (including purchases, loans etc).

By enabling mainstream users cross-chain access to the IoB, ProjectX ushers in Web3 in the same way Netscape ushered in the Web by giving mainstream user access to the original Internet. Users can opt in to contribute selected data to PRX’s exerithms, which, via Gleam, anonymize and ‘value’ this data. This valuation is determined by assigning values, both market and insight value, to all possible outputs derived from a specific input (similar to sCompute, Cirus) and expressing this as an economic value (PRX). In this way, the value of PRX remains stable as it is not prey to market variables and the asymmetric agendas of the speculators.

For each individual user, their data value is expressed as a ‘personalized’ exchange rate, called EXR (‘PRX Rate’ or ‘Exchange Rate’), which is a number to four decimal places displayed on a user’s task bar. EXR is applied by Gleam users via DeFi features — PRX Pay, PRX Bank, etc — to make payments cheaper, get better interest rates on PRX Loans, etc: EXR is effectively a personalized exchange rate between all currencies.

REVENUE STREAMS

Revenue streams primarily come from the vertical business solutions the project builds on their horizontal platform, including their DEX and payment services. These include PRX commercial and individual loans repaid at a competitive aggregate rate of 2–4.5%, with PRX P2P services at 0.25%-1% fees, while competitive fees at 0.05%-0.25% accrued from trading on their DEX will be the first revenue stream to come online 4–6 months post raise. Further revenue streams include their decentralized ads feature, which is being developed by their CMO, a former Swash ads lead, and P2P loans, under the direction of their advisor, a former Harvard economics professor.

TOKEN UTILITIES

ProjectX's token is the sole gateway between their internal data economy and the mainstream economy, giving PXC unparalleled utility for purchases, payments and other DeFi and finance features only accessible on their platform. This utility will be in evidence at DEX launch 6 months post-raise as it is the only way to access reduced fees and other facilities to trade on their DEX, placing enormous buying pressure on the token due to pre- and post-launch marketing of this and other DeFi platform features.

TOKENOMICS

Blockchain: ETH
Total supply: 100,000,000

Supply Distribution

Pre-seed Round 1: 0.8%
Pre-seed Round 2: 3%
Main Sale: 5%
Seed: 6.5%
Partners and Advisors: 10%
Team: 10%
Foundation: 33.7%
Ecosystem Reserve: 31%

Check them out at: https://t.me/PRX_Group