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FAQ

Frequently Asked Questions
How is PiplCoin different from other crypto currencies?

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.

What protocol will PiplShare use to issue tokens?
PiplCoin tokens will be issued on the Ethereum protocol.
What is the protocol of PiplCoin tokens creation?
According to the algorithm of the World population clock, published on the official PiplCoin website, all PiplCoin tokens will be created the moment that the presale will start, and will be instantly injected into the liquidity pool.
Is PiplCoin a deflationary currency?
Yes! Because PoplCoin tokens will get destroyed constantly, by estimated growth of population, the amount of units in existence will decrease. This makes PiplCoin one of the few real deflationary currencies in the world.
What is the protocol of PiplCoin tokens distruction?
According to the algorithm of the World population clock, published on the official PiplCoin website, the growth of the population will cause the destruction of tokens from the liquidity pool. This process will be transparent and auditable in real time using Ethereum blockchain.
How are tokens in the liquidity pool going to be used?
All tokens from liquidity pool will be reserved to support the PiplShare and its further development and to increase the size of liquidity pool in the future. This will boost the ability to make markets as they grow larger and more liquid. The increased amount of funds in the liquidity pool will also speed up the destruction process of all tokens in existence and add more upside potential to the growth of the value of a single PiplCoin token.
How much will 1 PiplCoin cost?
The presale price od 1 PiplCoin will be set to 1.00 USD.
When will the presale period start?

The start of the presale period (30 days) will be published on this website as soon as we have the exact date available.

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When are PiplCoin tokens going to be available to trade?
PiplShare Limited will issue tokens no later than 30 days after the presale period is completed. We will add our tokens to as many marketplaces as possible as soon as they are issued.