Upcoming ICO: Platin to launch ICO

Platin will, on October 28, launch the public round of its highly-anticipated ICO (initial coin offering), during which it hopes to raise as much as $18 million.

Upcoming ICO: Platin to launch ICO

ICO details

Platin ICO

What is Platin?

Imagine how many people would use cryptocurrencies if they could see them with their own eyes and even touch them. At Platin, we combine location data with a lightweight and secure Proof of Location (PoL) protocol to make this possible. 

Platin allows anyone to geo-locate a digital asset (cryptocurrencies, documents, images, etc.), anywhere on the map, anywhere in the world, in real time. This is made possible through open, privacy preserving zero knowledge proofs developed as part of the Platin protocol. 

With Platin, any digital asset can now have a fixed location in physical space. This incentivizes individuals, organizations and large groups of people to move and interact with digital assets - and each other - in brand new ways. 

Developed by a world-class team of professionals and academics experienced in blockchain, security, mobile and AR, Platin makes cryptocurrencies real and more accessible to the world through a decentralized protocol based on signal harvesting and incentivized location witnessing. 

Platin’s protocol is interoperable and extensible, with the potential to transform every industry, from retail to humanitarian aid, from automotive to supply chain, security and more.

What Platin says

Platin is a secure Proof of Location protocol based on activity recorded and exchanged by means of ordinary smartphones or more specialized devices.

Platin incentivizes nodes at scale by means of its own blockchain-based cryptocurrency "PTN"​.

The result is a secure location protocol that is ubiquitous, stackable, reliable, and suited for integration with any business based on location such as supply chain, money and location verifications, LBS-enabled commerce, gaming, token geofencing, KYC+AML, and more.

Platin’s union of secure location and cryptocurrency at the protocol level is disrupting industries across the world.

  • Website: http://platin.io
  • Headquarters: Tel Aviv, Tel Aviv
  • Year founded: 2017
  • Company type: Privately Held
  • Company size: 11-50 employees

For more info on the Platin project, please refer to the whitepaper

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