From 15:00 to 16:00 UTC+8:00 today, Allcoin.ca invited PGD official team in Allcoin telegram group and answered users many questions about PGD，Official website:
http://pgdcoin.net/ , Allcoin telegram group:https://t.me/AllcoinCN
Those questions are much helpful to know PGD, if you are looking for some good projects to invest, those questions and answers worth you to check.
1.Q: Is PGD a public chain? How is the development progress?
A: Yes, PGD is a public chain, the development will be completed between the end of May and the beginning of June.
2.Q: Please share us how to create investment benefits for investors and from which aspects will you provide investors with profit guarantees?
A:PGD just like ETH needs to use miners' fee, the use of PGD anti-counterfeiting system needs to consume PGD, and in the future, the application of the new block chain in the system development also needs to consume PGD, and it is also necessary to consume our tokens to complete the anti-counterfeiting. So with the increase of cooperative businesses, demand determines value, and enterprises need to buy PGD in the two level market to use Pagoda system for anti-counterfeiting, I believe such a virtuous cycle can guarantee the PGD project.
3.A: There is less financing at present, but many exchanges need millions or even tens of millions , so what is PDG's planning for trading?
B: At present, the project does not consider a platform that requires a large amount of on-line fees to go online. First of all, we do not need to use retail investors to obtain funds. The follow-up cooperation brand businesses will bring us a good profit. The increase in landing items will naturally increase the value of pgd.
4.Q:the introduction of the white paper says that the project party will build a no-fake app in the later period. How do you have confidence in establishing my your shopping app in the situation that Taobao and Jingdong are existing successfully?
A:the problem of counterfeit goods has been existing globally. Even the top e-commerce companies have counterfeit goods and they have no clear solutions to deal with. pgd owns a complete ecological chain, and our follow-up no-fake shopping app will cooperate with pgd anti-counterfeiting to form a common opportunity and improve the entire security environment together
5.Q:Can you briefly introduce PGD's business model in one sentence? A clear business model and profit model has a significant influence on the progress of the project and the confidence of investors. It allows our investors to have an understanding of the project's future prospects.
A:Pgd's anti-counterfeiting system will replace the existing simple anti-counterfeiting that requires expensive or large numbers of people, and and we will attach tokens on the anti-counterfeit labels. When the users scan the commodity packaging, they can get erc20 tokens of the corresponding product eth token profit, and the obtained tokens will be available in our shopping app in the future. This is a complete ecological chain.
6.Q:Blockchain can record the security of a process, such as a bottle of Maotai. After the wine is taken out of the factory, the clockchain can detect its facticity, but how to solve the anti-counterfeiting work before it is labeled? So it is probably just to prevent counterfeiting after it is labeled rather than the exact thing. For example, Moutai may have been changed to fake wine before being labeled.
A: As explained in our white paper, if a company wants to sell counterfeit goods, any anti-counterfeit can't be useful. We can guarantee that we have a PGD QR code from large package to small package, and we need to do every step from manufacturers to dealers to consumers. Any violation during the period will be recorded in the blockchain node. Every good will have and PGD QR code, which means that once it is out of the factory, its production site, and time are completely recorded in the blockchain, and the customer will receive the replacement coin after completing the anti-counterfeiting verification. Once the anti-counterfeiting is completed, the QR code is out of work.
7.Q: How to promote PGD security system in enterprises? PGD will share benefits with the enterprises, which is fatal for the enterprises without any doubt.
A: Compared with traditional digital anti-counterfeiting, PGD requires less than one percent of the cost, and we never said we will share the enterprises’ interests, but it will consume PGD to complete anti-counterfeiting. There is no charge for using our system for the first 2 years and enterprises only need to bear the corresponding PGD expenditure. I believe this is a win-win policy.
8.Q: Are PGD tokens just the role of transaction fee? Are the roles of ETH tokensale and transaction fee? If it doesn't take tokensale for enterprises, does that mean that the only function for PGD is transaction fee?
A: Nope. For each company, we will tailor a token based on the PGD’s main chain, that means, under PGD’s main chain, each company has its own corresponding token to operate on its own,
9. Q: What is the total amount of PGD tokens? How much is the circulation? And how to allocate?
A: The total amount of PGD is 200 million and the circulation is 100 million. It is sold 45 million in Allcoin this time, and only 100 million can be circulated in the market. The other 100 million is the load capacity of locks to test the security system.
10.Q: The name of the pagoda coin is good enough and people who think of the name must be a talent . so does the pagoda coin have a full set of trademark protection?
A: we are advancing it, and thank you for your praise. Your question is very helpful to us. We look forward to working together to open a new Internet era and break the centralized Internet. Everyone needs a truly trustworthy Internet environment. This is what our blockchain people are all yearning for. PDG will witness and grow with everyone. The future must belong to blockchain and must be decentralized so that everyone is the master of the Internet.
