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Author Topic: [ANN] [AIRDROP] [PoS/PoB] Prematch Coin: P2P betting blockchain  (Read 350 times)
havid (OP)
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January 30, 2019, 05:27:33 PM
Last edit: January 31, 2019, 12:13:41 AM by havid
 #1

PMTC.io is a new cryptocoin written from scratch using PHP, Python and MySQL, with a betting system built into blockchain.

Useful links:
Website (under dev): https://pmtc.io
Block Explorer (under dev): https://blocks.pmtc.io
Airdrop rules: https://docs.pmtc.io/airdrop.htm
Webwallet: https://wallet.pmtc.io
Compared with classic bookies: https://docs.pmtc.io/pmtc-vs-classic-bookies.htm
PoS / PoB: https://docs.pmtc.io/pos-pob.htm

How it works?

Blockchains connects to different sports APIs and creates the markets and betting addresses. One hour before the match starts, markets are closed and betting addresses can't receive more transactions. When match is finished, blockchain distributes all the coins on market proportionally between all bet winners.

Airdrop
On 1st April 2019, 4,000,000 PMTC coins will be created on genesis block (4% of total). 1,750,000 PMTC will be taken by project owners, and the rest of them (2,250,000 PMTC) will be distributed between airdrop participants depending of his rank in airdrop ranking.

How can I join?
You need to create an account before 1st March 2019 here: https://wallet.pmtc.io

Once you confirmed your email, you will receive 500 TPMTC (Testnet PMTC) on testnet network, that you should use for place bets and won more TPMTC in order to climb positions in Airdrop Ranking.

If your balance goes down to 0 TPMTC, you will receive 300 TPMTC for continue betting.

Additionally, you will receive more TPMTC as PoS/PoB block rewards too.

More info: https://docs.pmtc.io/airdrop.htm

Mining / PoS / PoB:

On PMTC, PoW operations are processed by central servers without receive any reward for it. When a block is mined (every minute), one addresses with possitive balance (or have placed a bet on last 1440 blocks) is selected by the algorithm as block winner, and receive the block reward.

Every PMTC on any wallet is staked (1:1) by default and can be the block winner, but you can increase your staked coins placing bets. Staked PMTC's have a 5:1 stake ratio. Example:

Your balance: 10,000 PMTC
Balance in bets: 0 PMTC
Network coins: 5,000,000 PMTC
Probability of win a block: 10,000 / 5,000,000 = 0.2%

Your balance: 8,000 PMTC
Balance in bets: 2,000 PMTC
Network coins: 5,000,000 PMTC
Probability of win a block: (8,000 + (2,000 x 5)) / 5,000,000 = 0.36%

This post will be completed on the following days.

We would be eternally grateful if some of you helped us to test our system by creating an account and joining the airdrop!
btcgfriend
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January 30, 2019, 06:26:42 PM
 #2

I registered an account and received the testnet coins for join the airdrop. Seems a great project. I will check the wallet options and make some bets and I will give you some feedback tonight.

Good luck with the project!
shidayat8
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January 30, 2019, 06:45:10 PM
 #3

I registered an account and received the testnet coins for join the airdrop. Seems a great project. I will check the wallet options and make some bets and I will give you some feedback tonight.

Good luck with the project!

Name:   btcgfriend
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Date Registered:   Today at 06:23:52 PM
Last Active:   Today at 06:42:34 PM

Registered  Today at 06:23:52 PM  then post  Today at 06:26:42 PM Posted by: btcgfriend

don't try to shilling thread   Grin

btcgfriend
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January 30, 2019, 06:54:49 PM
 #4

I registered an account and received the testnet coins for join the airdrop. Seems a great project. I will check the wallet options and make some bets and I will give you some feedback tonight.

Good luck with the project!

Name:   btcgfriend
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Date Registered:   Today at 06:23:52 PM
Last Active:   Today at 06:42:34 PM

Registered  Today at 06:23:52 PM  then post  Today at 06:26:42 PM Posted by: btcgfriend

don't try to shilling thread   Grin
I can't login with my old account and created new one. And yes, registered just for comment on this post because I created an account. What is your problem? People always seeing ghosts, lol!
havid (OP)
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January 31, 2019, 12:13:10 AM
 #5

Basic block explorer is open: https://blocks.pmtc.io

Regards!
kopes18
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January 31, 2019, 10:02:59 AM
 #6

what's the annual inflation?
kopes18
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January 31, 2019, 10:26:00 AM
 #7

how to get private key?
havid (OP)
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January 31, 2019, 04:26:58 PM
 #8

what's the annual inflation?
Hi!

On genesis block, 4M coins will be premined on 1st April.

After that, new coins will be generated following next rule:

Block time: 60 seconds
Block reward: 20 PMTC (-10% per year)

1st year:
Block reward: 20 PMTC
Coins generated per year: 10,512,000

2nd year:
Block reward: 18 PMTC
Coins generated per year: 9,460,800

3rd year:
Block reward: 16.2 PMTC
Coins generated per year: 8,514,720

Once we reach 100,000,000 PMTC generated, block reward will be fixed in 1 PMTC (525,600 PMTC / per year).

We are finishing the documentation pages. You can find more info soon on our website.
havid (OP)
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January 31, 2019, 04:29:34 PM
 #9

how to get private key?
sorry, we are working actively on the webwallet version.

You can find it on "Wallet keys" tab.

Best regards!
kopes18
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February 01, 2019, 01:56:58 AM
 #10

Quote
On PMTC, PoW operations are processed by central servers without receive any reward for it.

do you mean the block reward is distributed by central server to each address?
havid (OP)
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February 01, 2019, 09:24:22 AM
 #11

Quote
On PMTC, PoW operations are processed by central servers without receive any reward for it.

do you mean the block reward is distributed by central server to each address?
On testnet network and first steps of mainnet, central servers perform the mining task, and the reward is sent to the block winner selected among all stakers.

In future (when our software is robust enough), we plan to make it open source and implement masternodes, and they perform the mining task getting a reward shared with stakers.
TheCrimsonFucker
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February 03, 2019, 10:19:09 PM
Last edit: February 19, 2019, 04:01:33 AM by TheCrimsonFucker
 #12

Is there a gain limit? What happens if I get too many TPMTC? Can I change PMTC?
havid (OP)
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February 06, 2019, 12:47:54 PM
 #13

Is there a gain limit? What happens if I get too many TPMTC? Can I change PMTC?
No, it has no gain limit.

TPMTC can't exchanged for PMTC. They should be used for make bets is order to get a better position on airdrop ranking and get more PMTC (and BTC, at this moment only for two first places) on launch day. You can check how much PMTC will get checking rankings page.

Next weekend we will open our documentation pages, explaining how it works the system. But as I think, it's so easy to urderstand when you use the webwallet for some days.
havid (OP)
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February 12, 2019, 03:31:13 PM
 #14

Hi guys,

We are hardworking in some areas.

Documentation will be finished this week (we have a little delay), and we are opened a new market:

12 (Draw No Bet) in UEFA Champions League.

We will continue implementing new markets this week.

Regards!
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