Oyster Pearl Listed On KuCoin: Trading in Progress Now
KuCoin prides itself on finding high-quality projects that go beyond the offerings of other exchanges. On December 20, 2017, Oyster Pearl (PRL) token was added to our list of tradable tokens.
KuCoin added Oyster Pearl (PRL) on December 20, 2017, at 18:00 (UTC +8). Traders on the KuCoin platform now have access to PRL/BTC and PRL/ETH trading pairs.
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About Oyster Pearl
Oyster Pearl is introducing a radical new solution designed to grant website owners a new revenue stream to any website by adding one line of code, instead of relying on advertising to monetize their website. Using blockchain technology visitors to websites will contribute a portion of their CPU and GPU power to allow users’ files to be stored on a decentralized and anonymous ledger.
By embedding a single line of code onto a website, the website owners can preserve the integrity of their site without distracting advertisements and still monetize their site the more traffic they generate. All files uploaded via Oyster are stored on the IOTA Tangle. Nodes running on the Oyster Protocol ensures all data is protected by performing Proof of Work.
The Proof of Work retains all data, and by using the Smart Contract technology of the Ethereum blockchain Oyster Pearls (the tokens) are produced. In turn, Oyster Web Nodes perform Proof of Work to search for embedded Pearls on the Tangle which will deliver user data to the Tangle.
No personal information such as usernames or passwords is ever compromised. Instead, data is assigned a unique handle that acts as a seed and can only be accessed with the handle. Everything can be kept private using mixer contracts on the Ethereum Blockchain.
The Oyster Protocol is open source, extendable, and auditable and enables decentralized applications to be built such as decentralized telephone calling. No permission will be needed to develop apps from a central figurehead.
No reserve is required for the Oyster Pearls as their value is intrinsically tied to the market value of storage prices.
Oyster Pearls provide an innovative storage solution for users to protect their data, while simultaneously providing website owners a new way to monetize their sites while keeping out of the Ads vs. Ad Blockers wars.
Find out more about the project: https://oyster.ws/
Join Aion’s Telegram community here: https://t.me/oysterprotocol
KuCoin is a newly-launched cryptocurrency exchange; it started operations in September 2017 and is already making a big impression on traders and users thanks to its innovative listings, partnerships and user rewards.
Users can earn rewards in exchange for using the platform and holding the exchange’s token KucoinShares (KCS). Dividends are dependent on the number of coins each user holds and they are paid daily.
Users can also get a discount on trading rates, or earn 40% commission by referring other traders to the platform. In total, KuCoin gives 90% of its trading fee to users, while keeping 10% for a token buyback fund.
The long-term goal of KuCoin is to become one of the top 10 exchanges in the world, they have quickly gained traction by collaborating with many established communities and listing new tokens based on user’s opinions and requests.
They are often compared to Binance thanks to their simple User interface, fast transactions, and good design. At the same time, they have gained notoriety for good customer support which has been well received by traders and users frustrated with larger exchanges’ lack of response to support requests. People have started calling it ‘the people’s exchange’.
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