Cryptocurrencies is one of the most important inventions since the inception of the web. They are ushering in a new era of decentralization, privacy, and control of one’s own data that has the potential to revolutionize many parts of society. There are currently over one thousand cryptocurrencies in use, with hundreds more being released each year. Their combined market cap has grown from $10 billion in 2016, to over $400 billion at the time of writing, having previously been much higher. Only 1% of the world’s population own cryptocurrency. Companies involved with blockchain, the technology behind cryptocurrencies and altcoins are expected to experience significant growth over the coming years. Blockchain technology can solve dozens of previously intractable problems, like digital identities, supply chain integrity, data breaches and many, many more. The use of blockchain technology within society has been exponentially increasing since it was introduced to the world by Satoshi Nakamoto. The first use of blockchain technology was bitcoin. According to Gartner Insights, blockchain, the driving force behind the crypto market is estimated to grow in business value to $3.1 trillion by 2030. Blockchain is the fastest growing market in the world and the Pieta token offers investors an opportunity to benefit from the growth in value. The age of blockchain technology is just beginning.
Before I proceed lets take a look at the video below to have an insight on what Pieta is all about:
PIETA
Pieta is the world’s first blockchain project that aims to minimize the cost of cryptocurrency mining and make it more accessible and environment-friendly. It will be done with the use of the new X20 algorithm which reduces energy consumption in blockchain mining ,this will keep the mining equipment cooler. This will result in increasing the life of the mining equipment and in turn the profit of miners. The low energy (carbon) emission will also have a positive impact on the environment.
AIM
To reduce the cost of crypto mining and power consumption in the mining process in order to protect the environment from the adverse impacts of carbon release.
VISION
To drive adoption of blockchain powered renewable and efficient energy solution for businesses of all scale and size. At the same time, Pieta envisions to make Mining a profitable and attractive affair for everyone irrespective of the individuals technological and financial prowess.
MISSION
Ensure fasttrack adoption of Green Energy Sources.
Make Solar Energy the key energy source for efficient businesses operations.
Drive Awareness Programmes to educate one and all about the present and future benefits of a smart, sustainable and comprehensive energy system.
PROBLEM
High Cost of Electricity and Mining Hardware is limiting Mining Reward
High Co2 Emission
Limited Accessibility
SOLUTION
Mining Accessible to One and All.
Reduce Electricity Consumption for Making Mining Operations Cost-Effective.
Preventing Mining Oligarchy and Centralization of Cryptocurrency Economy
FEATURES/BENEFIT
PRIVATE (UNTRACEABLE) TRANSACTIONS
Pieta platform will facilitate completely private yet transparent transactions with no fraud activities with the help of blockchain technology.
SCALABILITY
The X20 algorithm of Pieta focuses on improving the speed of transactions which guarantees scalability.
ANONYMITY
The digital currency (Pieta token) will ensure complete anonymity to the token users.
ACCESS TO A POINT-OF-SALE NETWORK
Pieta will form partnerships with businesses around the world to expand the use and applications of the pieta token.
EASY-TO-USE BLOCKCHAIN MINING PLATFORM
Pieta focuses on increasing the mining accessibility to everyone through a user-friendly Interface with no need for technical knowledge to purchase or mine tokens.
LOW COST OF MINING
The mining of Pieta tokens can be done at a very low cost compared to other cryptocurrencies with the use of solar energy and X20 algorithm.
LOW PLATFORM FEE
Low energy consumption means low fees of transactions on the Pieta platform.
MINING REWARDS
The X20 Algorithm is designed to reward miners for all their activities on the platform in order to incentivize a positive network growth.
CLEAN ENERGY MOTIVATION
One of the major focuses of the Pieta project is to increase the production and use of clean energy resource such as Solar Energy in order to protect the environment from the harmful impacts of carbon released from today’s energy sources.
DECENTRALIZED CRYPTOCURRENCY
Being a decentralized (ERC20) cryptocurrency, Pieta token is not dominated by any central authority and avoids inflation by being independent of the market trends.
HIGH SECURITY
Pieta employs high blockchain security standards to protect the investment and interests of its platform users.
FASTER TRANSACTIONS
The use of multi-hashing X20 algorithm significantly reduces block-creation time to 20 second per block. Less block-creation time means high rewards (1 block = 12 pieta coin).
BENEFICIAL OF PIETA COIN
- Merchants and businesses who want to increase their sales and lower their costs through Pieta’s features like low energy consumption, lower transaction fees and faster transactions and a higher level of security,
- Investors and token enthusiasts who want help in driving cryptocurrency adoption and increasing cross-operational ability and earn handsome returns.
- Users who are looking for a low-cost entry point into the cryptocurrency market
TOKEN DETAILS
Type: Utility Token
Total Supply: 18,000,000
Token for Sale: 15,840,000 (Include Bonus)
Price: 1 Pieta = 0.25 USD (pre-sale)
Blockchain: Ethereum
Payment Method: Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dogecoin, Pieta
FUND DISTRIBUTION
50% Token Distribution
33% Bonus
10% Total Reserve
5% Total Pre-ICO
2% Air Drop
SALES DISTRIBUTION
35% Branding and Marketing
20% Development & Infastructure
20% Investment & Charity
15% Group Operations & Administration
5% Legal & Finance
5% Platform Operations & Security Audits
ROADMAP
January 2019
White Paper Release The Launch of Pre-ICO Sale
March 2019
Partnership With Top ICO Platform Exchange
May 2019
ICO Platform Launch
July 2019
Establishment of Project Headquarter Powered By Solar Energy
September 2019
Solar Plants For Poor People In Africa
November 2019
The Release of Pieta Digital Wallet and Application
MEET THE TEAM MEMBERS BEHIND THIS GREAT WORK
Investor & Founder (Pieta)
Rawi R. Alsayed
CEO & Lead Blockchain
Mahmoud Ramadan
Chief Operating Officer (COO)
Mohab ElSayed
CSO
Ali Mo
Blockchain Developer
Amed salioy
Senior UI/UX Designer
Islam Khairy
For more Information, Please visit the following sites:
Website: https://pieta.network/
Whitepaper: https://pieta.network/WhitePaper.pdf
Facebook: https://www.facebook.com/Pietacoin/
Telegram: https://t.me/pietacoin
Twitter: https://twitter.com/pietacoin
Medium: https://medium.com/@pietacoin
Linkedin: https://www.linkedin.com/in/pieta-coin-308ab0179/
Instagram: https://www.instagram.com/pietacoin/
Youtube: https://www.youtube.com/channel/UCNCcxW9MwZc6UFqdPhuBkAg
Author: Seunola
MyBitcoinTalk profile: https://bitcointalk.org/index.php?action=profile;u=1925064
ETH Address: 0x3eb48CF7E0A5570540641DD8263cA40e307562e9