P R I S M A - A sustainable multipurpose cryptocurrency lending platform Lending platforms are nothing new in the cryptocurrency space. The fundamental principle - lending money to the platform to receive interest over time - has only one flaw : the revenue which is distributed to the lenders often exceeds the revenue flowing in by the platform services after a short period of time. P R I S M A works to solve this problem by amassing a substantial service portfolio with beneficial tools for the cryptocurrency community while also providing a resilient lending model leading to steady profits for individuals who invest in the platform. The P R I S M A platform will consist of several cryptocurrency services, an internal exchange and a lending system, all accessible via one website and mobile app. The platform is fueled by its token, the Prismacoin (PRIS) , which is an ERC20 token on the ethereum blockchain. P R I S M A stands for: [*] Sustainability: Using a revenue model with built-in protection against lending spikes or service usage drops [*] Multipurpose: Build-up of a diverse service & tool portfolio for the cryptocurrency community [*] Steady lending profits: Synergistic investment and service ecosystem leading to a steady value appreciation of PRIS For details please read our whitepaper : https://prismacoin.net/whitepaper ICO starts on 10th May, 2018 , see details below or at: https://prismacoin.net/ico To contact us or to keep up to date you can use the following channels/links: Website : https://prismacoin.net Whitepaper : https://prismacoin.net/whitepaper Email : firstname.lastname@example.org Twitter : https://twitter.com/prismacoin_net Telegram Announcement : https://t.me/prismacoin Telegram Official Group : https://t.me/prismacoin_chat Note that these are the only official Twitter and Telegram channels of P R I S M A . PRISMA resonator and service fee model For the dynamic lending model a sophisticated feedback loop is employed which adjusts the lending reward and the acceptable total lending amount dynamically by taking into account the price and volume history of PRIS (short- and long-term price chart patterns, i.e. technical analysis), the lending amount and service fee history, as well as sentiment analysis of the cryptocurrency market and the P R I S M A platform in particular. To be resilient against massive incoming revenue drops due to lost trust or declining user numbers in the crypto space the resonator is installed to keep the lending platform running at minimal daily interest rates. Besides the adapting lending feedback loop there is another failsafe instance to prevent the platform from going bankrupt: the temporary lending cap . Again, for details about these mechanisms please check our whitepaper. The core business of the P R I S M A platform is to provide several handy services which benefit the cryptocurrency community and render our crypto-life easier. The services will be accessible via the website and the corresponding mobile app and can be payed in PRIS, BTC and ETH (more options coming later) while paying with PRIS will lead to a discount. Services which will be offered on P R I S M A can be found in the whitepaper . PRISMA Dynamic Lending Interests Depending on the lending amount the upper interest rate limit differs, while the lower interest rate limit stays always at 0.15 % daily. The maximum possible monthly interest can be up to 27 % profit on your initial investment. Lending periods also differ and are dynamically calculated. An overview can be found in the whitepaper or at https://prismacoin.net/lending . Besides lending other investment prospects via P R I S M A include: [*]Holding and trading Prismacoin (PRIS) [*]Getting community rewards during the ICO (see below or at https://prismacoin.net/reward ) [*]Getting referral boni during the ICO (see below or at https://prismacoin.net/ico ) [*]Participate in the airdrop (see below or at https://prismacoin.net/airdrop ) [*]Provide capital via the loan service (not to be confused with the lending feature as seen in the whitepaper) [*]Create new services via the service marketplace (feature will be released later this year) For details on lending interests and the other investment prospects please refer to the whitepaper . PRISMA Roadmap After the ICO the first goal is to start trading on the internal exchange and to launch our first two services : the tumbler and the Bitcoin accelerator. Simultaneous to the successful service launch users can start participating in the dynamic lending program . Further roadmap goals are discussed in the whitepaper . PRISMA Initial Coin Offering (ICO) In the public token sale, also known as initial coin offering (ICO) , 18.8 million Prismacoin (PRIS) can be bought. The resonator will start with 200,000 PRIS from which 50 % will be offered as a community reward during the ICO. [img width=800 height=483]https://i.imgur.com/xdpOyXD.png[/img] The ICO will last for 49 days , starting with 0.50 USD per Prismacoin on day 1. There will be no private presale , but only a public token sale so that Prismacoin is more evenly distributed at the launch of the platform to prevent massive price manipulation by big investors. Nevertheless as a bonus for early investors the price per Prismacoin starts cheap and will then rise over time, ending at 1.00 USD per Prismacoin on 7th June. Following this three additional bonus weeks with steady price increase up to 1.15 USD per Prismacoin will take place, ending on 28th June. Details on the ICO: ICO period : from 10th May, 2018 at 6pm UTC+0 until 28th June, 2018 at 6pm UTC+0 Maximum supply : 19,000,000 PRIS ICO issuance : 18,800,000 PRIS Token symbol : PRIS Contract address : 0xB64Fe44f1748C0e7602b16637B15638cAF59ce3A Decimal places : 18 Token price : starting from 0.50 USD (in ETH) to 1.15 USD (in ETH) Maximum investment cap per wallet/person : 3 ETH Minimum investment level per wallet/person : 0.1 ETH Gas limit for contribution : up to 60 gwei, 200,000 gas Compatible wallets : only non-exchange ERC20 compatible wallets should send ETH Referral Bonus Program After you bought or if you are planning to buy Prismacoin (PRIS) in the ICO by sending ETH to the ICO funding address seen at https://prismacoin.net/ico , you can use your referral address https://prismacoin.net/yourETHaddress (example: https://prismacoin.net/0x38c1345F18950021aF7b685679F55c280B19E271 ) to receive 15 % bonus on any persons investment which is sent to the P R I S M A ICO funding wallet using hot wallets (if they show the same IP address for transaction as the one used to open your referral link). No sign-up neccessary, just use our ETH address for the referral link. This is done to provide a referral bonus in a KYC-less ICO. As the majority of users use hot wallets instead of cold wallets the referral bonus, which is ramped up to 15% here, should be as high as in other typical ICOs (if not higher). Total referral earnings will be sent to your wallet at the end of ICO. Note that your ETH address is only eligible to the referral bonus program if funds were sent from that wallet address to the P R I S M A ICO funding wallet (at least the minimum investment of 0.1 ETH). For eligibility it doesn't matter if you send the funds first or your referrals. You can use your referral link in the community reward program and in airdrop posts. Please visit https://prismacoin.net/ico for an ICO guide and further details on the referral bonus system . For FAQ about the ICO and P R I S M A see https://prismacoin.net/faq . Some details can also be found in the whitepaper . PRISMA Community Reward Program (Bounty) [1 PRIS = 1.15 USD at end of ICO] Top 10 most active Twitter users : each 1000 PRIS Top 10 most active Facebook users : each 1000 PRIS Top 10 most active Reddit users : each 1000 PRIS First 5 and additionally top 5 Medium/Steemit/blog posts/articles : each 1000 PRIS First 10 YouTuber (> 1k subscriber, < 10k subscriber) : each 1500 PRIS First 10 YouTuber (> 10k subscriber) : each 3500 PRIS Bonus reward for creative and innovative promotions : 8000 PRIS For Facebook/Twitter/Reddit rewards: No spam or low quality posts, but instead educate readers with a short summary of P R I S M A and its benefits. Use hashtags #prismacoin , #prismaplatform and #prismalending and link to our website https://prismacoin.net (in case of Facebook have your posts on "public"). Post no more often than each 6 hours and follow the general guidelines of the used social media platforms/forums. Twitter and Facebook users should have at least 200 follower/friends. Reddit account age should be at least 1 month. For Medium/Steemit/blog post/article rewards: Publish a well written review of P R I S M A on any publishing platform (including your own website, but excluding social media channels mentioned above). Review article should not be shorter than 500 words. The first 5 high quality articles and the top 5 overall articles (counting most likes/views/shares on article) will receive the rewards. Counting of metrics as likes, views etc. is cumulative over all platforms, so if you publish your article on more than one platform, the metrics will be added up. Use also the hashtags #prismacoin , #prismaplatform and #prismalending and link to our website https://prismacoin.net . Additionally you should mention your email or contact address so that we can identify you as the genuine publisher of that article. After publishing your article, please write us an email to email@example.com to let us know about your participation. For Youtube rewards: For the YouTube reward, you should help raising awareness for P R I S M A by creating a video review of our platform and ICO. The video should show the website and discuss the whitepaper shortly. In the textbox you should use the hashtags #prismacoin , #prismaplatform and #prismalending and link to our website https://prismacoin.net . Low quality videos are not accepted. After uploading a video, contact us via firstname.lastname@example.org . Time-stamp of uploading counts in determining the first 20 YouTube videos (10 of small and 10 of large channels) of high quality. You can participate on all reward channels (including all social media platforms) but you are allowed to use only one account per platform . Violation of this rule leads to blacklisting from the community reward program. For bonus rewards: If you find a way to create an innovative form to promote or help P R I S M A , we will reward you with extra PRIS tokens ( up to 8000 – may be split up on several users). Just contact us via email@example.com after your publication. You can use your referral address in all reward program posts and contributions. The community reward program starts on 3rd May, 2018. The community reward/bounty will be sent after the eligible persons provided us with their respective Ethereum public wallet address (via social media or email). We will contact those persons at the end of the ICO. 0pt] Get 5 FREE PRIS in the PRISMA Airdrop (valued at 5+ USD at end of ICO) by: 1) Joining our Telegram groups: https://t.me/prismacoin and https://t.me/prismacoin_chat 2) Following our Twitter account: https://twitter.com/prismacoin_net 3) Retweeting this tweet: https://twitter.com/PRISMACOIN_net/status/993249043198480384 (All 3 steps are required for 5 FREE PRIS) Post Telegram ID, link to your Twitter account and your public ETH address in the bounty thread so that we can verify your participation. Additionally: PRISMA Airdrop Lottery We will give a total amount of 2000 PRIS in this airdrop lottery to users interested in P R I S M A . From each of the 3 modes of participation listed below 50 people will be selected at random after the ICO that will receive 10 PRIS each. Those people will be contacted via the used platform. You can participate in all 3 modes to get the chance of winning up to 30 PRIS . You can use your referral address in all airdrop posts. The 3 modes of particiation are: [*]Follow us on Twitter: https://twitter.com/prismacoin_net [*]Join our Telegram chat group: https://t.me/prismacoin_chat [*]Post (at least) once on any one social media platform while using the hashtags #prismacoin , #prismaplatform and #prismalending & the URL to our website https://prismacoin.net One lucky participant chosen randomly will win 500 PRIS ! Thank you for your interest in P R I S M A . Again, you can get informations & follow and contact us on: Website : https://prismacoin.net Whitepaper : https://prismacoin.net/whitepaper Email : firstname.lastname@example.org Twitter : https://twitter.com/prismacoin_net Telegram Announcement : https://t.me/prismacoin Telegram Official Group : https://t.me/prismacoin_chat Note that these are the only official Twitter and Telegram channels of P R I S M A .