Most crypto currencies constantly create new units in a process called mining. Since this process is very expensive, majority of the people running this operation constantly sell newly created coins to cover their expenses. This creates downward pressure on the price and new money has to flow into the market just to keep the price at the same level.
We put this process in reverse. PiplCoin tokens will be issued at start of presale and from that momemnt destroyed constantly. The amount of units in existence will decrease over time. Just as mining of other currencies creates downward pressure, PiplCoin destruction process puts upward pressure on the price. This process will cause the value of PiplCoin tokens to increase over time even without fresh money flowing into the market.
The start of the presale period (30 days) will be published on this website as soon as we have the exact date available.
Don’t miss the announcement by signing up here.