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Project Features
I. Introduction to POC Chain
POC Chain is an innovative supply chain financing ecosystem that focuses on resolving the financing difficulties faced by small and medium-sized enterprises and emphasizing the application of the system in real-life scenarios, . Consulted by a group of renowned experts, such as the the former chief engineer of Shanghai Stock Exchange, the former vice chairman of Accenture, a Ph. D. advisor in finance as well as founders of e-commerce, logistics, Internet of things and factoring companies, POC Chain is founded by Intel's former deputy general manager in China and a team of experts in block chain technology, artificial intelligence, financial technology andsupply chain. Based on block chain and artificial intelligence (NLP), POC Chain builds a highly efficient and secure compound chain. The unique Token ecosystem expanded the core features of the blockchain experimentally.
2. Introduction to POCC Token
As a function Token, POCC is the virtual “fuel” of the POC Chain platform and is an important part of the POC Chain ecosystem. They are used as the means of payment for using the various applications on the platform, such as the operation of
smart contracts, distributed applications, loan collateral, guarantee and etc. They encourage participants to make contribution to the ecosystem, maintain the ecosystem, and take part in the financing activities, thus ensuring that financial institutions, enterprises, employees and consumers can materialise their needs in raising, lending, and investing finances.
3. Features
POCC Tokens are functional tokens and are the exchange units used by the participants on POC Chain platform. In Cayman Islands as well as the regions under the same jurisdiction, POCC tokens do not represent equity, dividends, investment
returns or titles. They not grant POCC holders any fees (including but not limited to income, profits or investment returns). Nor do they represent foundations, related affiliates or other corporate assets. POCC tokens can only be used on the POC Chain platform as a tool to use the platform and to exchange information. They do not have any other rights.
4. Valuation
The POC Chain is a project in which blockchain technology is applied to supply chain financing in real-life scenarios, with its core business aiming at servicing the smallscale loaning and lending needs by the small and medium sized enterprises. It is clearly positioned with a sound business model and great market potential. It brings its own influx of users and its own ecosystems that are supported by the founding team’s rich enterprise resources. The steady growth of the business will support the overall valuation of the POCC tokens. Of course, value fluctuations can be caused by unavoidable external market changes. In summary, the POC Chain can be a valuable investment.
Token Status and Distribution
Date of initial offering: November 13, 2018
Total number of tokens: 10,000,000,000. 1 ETH = 80,000 POCC
Tokens publicly offered: 35%
Foundation: 20%, to support the upgrading and iteration of POC Chain and the continuous operation of the ecosystem and system.
Mining: 20%, 2% released every year, and will be continuously replenished with 30% of the platform’s income on a yearly basis.
Ecosystem construction and community operation: 7%, 1% released every year for a total of 7 years, to be used for the ecosystem, community construction and maintenance.
Founding team: 18%, 6% released during the first year and 2% during the following years for a total of 7 years.
Useful Links
Website: http://www.pocc.io
Whitepaper: http://www.pocc.io/cn3/POCChain_V1.2.3.6pocchain.pdf
Contract address: 0x926Be13B4d93F29eA254E4e518f33099e45d7f06
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