Partisia Blockchain, a new blockchain project that aims to solve the Blockchain Trilemma, has announced the launch of their $MPC token on the TrustSwap Launchpad beginning on May 19th, 2022 at 5pm UTC.
Introducing Partisia Blockchain
Partisia Blockchain focuses on addressing the existing problems with blockchain technology. These problems include a lack of confidentiality and privacy. Although others have attempted to address the privacy problems on blockchains, Partisia Blockchain will provide a unique solution. Partisia Blockchain is offering Zero-Knowledge (ZK) computations on-chain, off-chain, and across blockchains. ZK computation adds privacy and confidentiality to blockchains while allowing them to remain decentralized.
Partisia Blockchain is a public permissioned blockchain that focuses on interoperability. The team developing Partisia Blockchain includes world-renowned cryptographers and pioneers within the commercial use of ZK computations.
Solving The Problems With Blockchains
So far, existing blockchains have been unable to offer interoperability, scalability, and privacy all at one time. By incorporating ZK computations into their blockchain, the Partisia Blockchain team can solve this problem by adding the missing link.
Many blockchain projects have tackled interoperability and scalability and made progress on those fronts while failing to provide adequate privacy to users. The lack of privacy in blockchains has prevented many newcomers from joining the crypto space and becoming blockchain users.
By creating a blockchain that provides interoperability, scalability, and privacy, Partisia Blockchain can attract users who have avoided blockchain due to privacy concerns, thus furthering mass adoption.
An Advanced Layer 1 Blockchain
Partisia Blockchain is an advanced layer 1 blockchain that delivers industry-leading technology that solves blockchain technology’s problems by using next-level MPC cryptography to bring privacy to public blockchains, scalability via sharding, and a secure, interoperable token that uses MPC threshold key signature management.
About The $MPC Token
Transactions are paid with liquid coins like BTC and ETH directly. Staking $MPC tokens is available for node operators and users and provides insurance against objective fraud. The MPC token is not used as a means of payment, but as a store of value.
Learn More About Partisia Blockchain
The Team
$MPC Token Offering Details
Participation and Allocation
- Each FlashLaunch will have a set individual Public Round allocation of exactly $750 per person.
- Anyone who registers during the 24-hour FlashLaunch window will be eligible for an entry to receive an allocation as long as they have either 4000+ SWAP actively staked or a SwapScore of at least 2500 when the FlashLaunch starts.
- Applicants can apply to the FlashLaunch during the 24 hours between 5PM UTC on the launch day and 5PM UTC the following day at https://dashboard.trustswap.com/app/launchpads.
- Once all applications are registered, a specific number of entries will be assigned to each participant based on their SwapScore or Staked $SWAP, whichever is higher (see table below). The snapshot will be taken at 5PM UTC on May 20th, 2022. SWAP must be actively staking at that time to be counted as staked.
- There will be a random drawing for the $750 allocations. The more entries you have, the higher your chance of being selected (see table below).
- Each person can only win once per FlashLaunch.
- KYC verification is required and jurisdictional restrictions apply.
Secure Launch Process
To ensure a smooth launch, the Partisia team has agreed to:
- Have their domain fully SSL certified one week prior to the token sale date.
- Have their domain protected by Cloudflare and share the proof with TrustSwap one week prior to the token sale date.
- Disclose the vesting schedule of all tokens, including team, strategic investors, private presale, influencers, etc.
- Add no less than $150,000 of liquidity immediately upon DEX listing.
- Have at least one community moderator on each social platform (Discord, Telegram, etc.) actively available 24 hours a day for the first 7 days following the DEX launch.
Step-By-Step Guide
- At any time between 5PM UTC on May 19th and 5PM UTC on May 20th (24 hrs), go to https://dashboard.trustswap.com/app/launchpads and click the blue button to fill out the application form. In addition to filling the form, you also need to submit the KYC at https://kyc.partisiablockchain.com/ . The link to submit KYC is LIVE. Interested participants can submit their KYC without the need to wait till the 19th of May. However, they must still fill out the pledge form on TrustSwap Dashboard.
- Applicants will be given a number of entries into a random drawing relative to their staked SWAP/SwapScore (see the above chart for details).
- Winners of the draw, totaling 666 in number, will be contacted via TrustSwap’s Dashboard Messaging System with payment instructions.
- An additional 300 people selected in the drawing will be on ‘stand-by’ and will have the first option to participate if there are any unsold tokens after the initial rounds are complete.
Who can participate in the $MPC Token Offering?
Anyone not domiciled in the USA or UN-sanctioned countries can participate in the Partisia $MPC token offering.
* Launchpad dates and details are subject to change. This is not an endorsement, partnership or an offer for investment by TrustSwap. Partisia is using the TrustSwap Launchpad as a customer, with specific requests as to how they need their launch to operate. TrustSwap is a provider of non-custodial, smart-contract-based software services. Digital assets carry a high level of risk. Participation is performed at your own risk. Exercise caution and conduct your own due diligence.