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Topic: [PLU] PLUTON — (Spend PLU at 40 million merchants and online — DOWNLOAD APP) - page 34. (Read 97804 times)

member
Activity: 90
Merit: 10
Is this project dead?
I emailed support 3 times last week.
I got no reply. I am trying to get my payout address changed.
But they do not respond to email.
I am wondering if they dropped this project.
member
Activity: 88
Merit: 10
Everyone says how low market cap of PLU is, but all I see is 340,000,000 million cap at the moment. What am I missing?

You can't take those coins that are not circulation to calculate the market cap because those coins are will be used to create value in the future, unless you can tell what value comes out those coins, it's pointless adding them.

It work's the same as shares in stock market, when a company is just listed/IPO , they have shares locked away till it meets milestones, once the milestone is meet, the shares get issued and added to the market cap.

That 20 mill coins will be slowly released as demand builds.

Tap & Go  is the future.. but PLU are not just Tap & Go, they are also a platform exchange between fait & Crypto ..


Watch this space

    
legendary
Activity: 1138
Merit: 1001
Everyone says how low market cap of PLU is, but all I see is 340,000,000 million cap at the moment. What am I missing?

That's like looking at ZeroCash with a circulating supply of 2 million and a market cap of $600 million & saying 'but all I see is a $6.5 billion cap' (ZEC will have a total supply of 21 million)

Unlike BTC/ZEC/Other where inflation is largely wasted on miners to reach an eventual supply of circa 20 million, PLU inflation is given as a very small rebate to potential PLU users and adopters, so the inflation is essentially a marketing tool. As PLU is faster and has no/low fees, many BTC/other users will choose to do all their transactions in PLU and it only requires a small conversion of customers to create high net new demand.

It will be interesting to see how it works in practice.

legendary
Activity: 1232
Merit: 1000
There are 850,000 PLU in circulation but a total supply of 20,000,000 PLU. When/how will they be released, as a newbie I don't understand ...

The remaining 19.000.000 are stuck in an Ethereum Smart contract that will be the funding source for the reward system. The system is completely explained in the whitepaper chapter 2.4.1.
https://plutus.it/assets/Plutus.it-White-Paper-v1.1.pdf

So the remaining tokens are not yet in circulation. They will be rewarded to people who use the DEX or Tap 'n Pay app to exchange FIAT for Bitcoin or Ethereum. The expectation is that the smart contract will be empty by the year 2150 or something. People are only getting as many PLU as high as the exchange fees on the DEX. This way the exchange will basically be free. Which makes it attractive to use.
newbie
Activity: 19
Merit: 0
Everyone says how low market cap of PLU is, but all I see is 340,000,000 million cap at the moment. What am I missing?
newbie
Activity: 15
Merit: 0
There are 850,000 PLU in circulation but a total supply of 20,000,000 PLU. When/how will they be released, as a newbie I don't understand ...
hero member
Activity: 840
Merit: 500
PLU will raise soon, not due to product just whales got a lot of it.

product itself sucks and is a vapoware but the whales trading it will pump

Plutus.it is nominated for the European FinTech Awards 2017 held at the European Parliament in Brussels!

I bet a lot of vaporware gets nominated for this award.

Latest update:
Yesterday during the AMA Martin (the CTO) said the android app will be released to the beta testers in the upcoming days.

The only people calling it vaporware are pump and dump noobs that couldn't spot a serious project if it lived in their urethra. $50 will pass like a breeze after App beta, then comes the real news with Dex and release. With less than 1 million token in circulation I wouldn't be surprised to see us over $100 within a month or two.

Still lots of people dont know about Pluton. But with tenx, monaco and tokencard rising people will also notice the first mover.

I own over 3k PLU and am still buying. $50 incoming within 30 days, then when the market gets it's eyes open.  Who knows? Look at TenX market cap. Same for Plutus would be $500/token.
legendary
Activity: 1232
Merit: 1000
PLU will raise soon, not due to product just whales got a lot of it.

product itself sucks and is a vapoware but the whales trading it will pump

Plutus.it is nominated for the European FinTech Awards 2017 held at the European Parliament in Brussels!

I bet a lot of vaporware gets nominated for this award.

Latest update:
Yesterday during the AMA Martin (the CTO) said the android app will be released to the beta testers in the upcoming days.

The only people calling it vaporware are pump and dump noobs that couldn't spot a serious project if it lived in their urethra. $50 will pass like a breeze after App beta, then comes the real news with Dex and release. With less than 1 million token in circulation I wouldn't be surprised to see us over $100 within a month or two.

Still lots of people dont know about Pluton. But with tenx, monaco and tokencard rising people will also notice the first mover.
hero member
Activity: 840
Merit: 500
PLU will raise soon, not due to product just whales got a lot of it.

product itself sucks and is a vapoware but the whales trading it will pump

Plutus.it is nominated for the European FinTech Awards 2017 held at the European Parliament in Brussels!

I bet a lot of vaporware gets nominated for this award.

Latest update:
Yesterday during the AMA Martin (the CTO) said the android app will be released to the beta testers in the upcoming days.

The only people calling it vaporware are pump and dump noobs that couldn't spot a serious project if it lived in their urethra. $50 will pass like a breeze after App beta, then comes the real news with Dex and release. With less than 1 million token in circulation I wouldn't be surprised to see us over $100 within a month or two.
legendary
Activity: 1232
Merit: 1000
PLU will raise soon, not due to product just whales got a lot of it.

product itself sucks and is a vapoware but the whales trading it will pump

Plutus.it is nominated for the European FinTech Awards 2017 held at the European Parliament in Brussels!

I bet a lot of vaporware gets nominated for this award.

Latest update:
Yesterday during the AMA Martin (the CTO) said the android app will be released to the beta testers in the upcoming days.
legendary
Activity: 1138
Merit: 1001
PLU chart seems to be in an uptrend in liqui. hope this project is still alive ??

Yup. There should be a few announcements of dates this week or next for...

We have a team of 7-8 developers working around the clock.

Brand recognition, community outreach, SEO, press releases and other wonderful things are firmly on the horizon after launch. And you may be surprised what we have planned.
full member
Activity: 518
Merit: 102
PLU chart seems to be in an uptrend in liqui. hope this project is still alive ??
hero member
Activity: 840
Merit: 500
PLU will raise soon, not due to product just whales got a lot of it.

product itself sucks and is a vapoware but the whales trading it will pump

Always listen to accounts with negative trust level... that spend their days begging for free tokens and pumping shitcoins Roll Eyes
legendary
Activity: 1526
Merit: 1000
the grandpa of cryptos
PLU will raise soon, not due to product just whales got a lot of it.

product itself sucks and is a vapoware but the whales trading it will pump
member
Activity: 88
Merit: 10
I can smell it... can you smell it ? .. yea , yea defiantly smells like a 5 bagger coming up haha 
full member
Activity: 322
Merit: 102
Just stay tuned and keep an eye on slack. Ama with the non tech dev team tomorrow in slack.

Announcements coming soon, partnerships are fixed, just be patient.

We're all patient, we wouldn't be still here otherwise  Grin
sr. member
Activity: 434
Merit: 250
There should be no immediate offer of a coin. It is direct at the beginning, not pity.Now save a period of time, now development of this project may be reported to the exchange later, can be exorbitant price.
legendary
Activity: 1232
Merit: 1000
Just stay tuned and keep an eye on slack. Ama with the non tech dev team tomorrow in slack.

Announcements coming soon, partnerships are fixed, just be patient.
member
Activity: 88
Merit: 10
Hey guy's , i tried to send a test amount of 1 PLU from exchange to myetherwallet.. that was 8 hours ago.. still it is not showing up in MEW under PLU..

Does anyone know how long it should take to transfer & show up ?

If it should of transferred sooner , what steps can i take to see why it did not get transferred ?

P.s. i had also transferred ETH to the same wallet address last night it worked    

 

what does the blockchain say? check etherscan.io

This public address where ii sent that 1 PLU to  0x2b7beAB2543B5D1569b64a147BAf6e7784A1B1aa

It say's nothing on the link you have provided

Looks like it worked, perhaps just a delay on Liqui side processing it
https://etherscan.io/address/0x2b7beAB2543B5D1569b64a147BAf6e7784A1B1aa



patience grasshopper... haha thanks boy's..
legendary
Activity: 1138
Merit: 1001
European FinTech Awards 2017 held at the European Parliament in Brussels!
#EFTA17

From Twitter timeline.

Seems the event will be on the 27th September, so perhaps circa October 1st would be a good date for the public beta launch, all else permitting?

Leveraging the public beta launch with such a high profile competition can only be positive imo. There will be a lot of excitement in the market if Plutus will be launching in less than a week from then & therefore a lot more buzz about & interest in Plutus at the event. (Even a few days left for attendees to buy some pre-launch...)

Quote
The European FinTech Awards & Conference will bring together over 500 entrepreneurs, bankers, investors and experts.

The market will also respond positively to having the beta launch co-incide with a high profile event as it will get the marketing momentum of a fairly quiet project to date off to a strong start. So win-win, with perhaps a literal award win too Smiley

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