INTERNET CITY, DUBAI, May. 31, 2022 – LBank Exchange, a global digital asset trading platform, will list DATAM PCRM (PCRM) on June 2, 2022. For all users of LBank Exchange, the PCRM/USDT trading pair will be officially available for trading at 14:00 (UTC+8) on June 2, 2022.
To solve the environmental problems caused by existing blockchain’s energy-consuming mining method, PCR Blockchain Network added a new mining method called CRM (Carbon Reduction Mining) and a compensation system associated with it, so that it can reduce energy consumption and compensate users with coins. Its native token DATAM PCRM (PCRM) will be listed on LBank Exchange at 14:00 (UTC+8) on June 2, 2022, to further expand its global reach and help it achieve its vision.
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Introducing PCR Blockchain Network
PCR (Proof of Carbon Reduction) Blockchain Network is given a special function to solve the problems of the existing blockchain, and for this purpose, a new mining method called CRM (Carbon Reduction Mining) and a compensation system associated with it are added. By providing a new energy-saving mining method instead of an energy-consuming mining method, the system differentiates it from existing PoW methods and provides carbon reduction behavior and compensation proportional to reduced carbon emissions. By providing it, the problem of PoS method was solved.
CRM proves that the carbon emission reduction of mining methods is based on the consumption of resources and energy. The behavior and method of consuming less resources and energy than the usual usage, namely the Bass line, should be the bottom line first, so that the behavior and method of consuming less resources and energy and carbon emission reduction mining, namely CRM. The baseline used as a standard must be reasonable and objective, and only the existence of such a baseline for the relevant project can accurately quantify the reduction compared to this through quantitative measurement methods.
If resources and energy are consumed less than the baseline, the carbon emissions reduced by CRM can be quantified and digitized, and thus the corresponding carbon reductions can be calculated. The PCR compensation system will compensate the carbon emission reduction proved by PCR according to certain standards. At this point compensation will be provided in the form of PCRM coins, and the PCR compensation system for CRM will be implemented in the PCR Blockchain Network.
About PCRM Token
DATAM PCRM (PCRM) is the native token of PCR Blockchain Network that is provided to compensate users for their carbon emission reduction efforts. The total supply of PCRM is 3.5 billion (i.e. 3,500,000,000) tokens, of which 35% is provided for token sale, another 35% is provided for PCR mining, 20% is reserved for project mining, and the rest 10% allocated to the team and advisors.
PCRM token will be listed on LBank Exchange at 14:00 (UTC+8) on June 2, 2022, investors who are interested in the PCR Blockchain Network investment can easily buy and sell PCRM token on LBank Exchange by then. The listing of PCRM on LBank Exchange will undoubtedly help it further expand its business and draw more attention in the market.
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About LBank Exchange
LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. It has become one of the most popular and trusted crypto trading platforms with over 7 million users from now more than 210 regions around the world.
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