en
Back to the list

Parcl Limited Unveils PRCL Network Token for Progressive Decentralization

source-logo  cryptonewsland.com 26 February 2024 09:24, UTC
  • Parcl Limited introduces PRCL for decentralized governance and enhanced utility.
  • April release with governance, real estate data access, and incentive programs.
  • Parcl emphasizes vigilance against scams and verifies official domains.

Parcl Limited, a pioneering player in the real estate ecosystem, announces the upcoming launch of the PRCL Network Token in April. This marks a significant move towards advancing the decentralization of the Parcl ecosystem.

Introducing PRCL

Coming in April, the PRCL Network Token symbolizes a primary step towards the progressive decentralization of the Parcl ecosystem.

Learn more below 🧵

— Parcl Limited (@ParclLimited) February 25, 2024

Holders of the PRCL token will enjoy active participation in governance decisions related to specific aspects of the Parcl Protocol. This includes access to enhanced utility for data and trading, accompanied by incentives within the Protocol ecosystem for eligible participants.

The initial distribution details for PRCL confirms PRCL to be the token identifier with a total token supply of 1,000,000,000, initial community supply of 7-8%, and estimated initial PRCL in ciculation 10-12%. Finally, it confirms PRCL launch date to be set in April.

Parcl Limited is set to release comprehensive tokenomics details in March 2024, providing users with a deeper understanding of the token’s economic structure. The Parcl Foundation, will facilitate and coordinate crucial decisions guided by PRCL holders.

The proposed utility of PRCL includes governance control over specific Protocol and dApp features. Furthermore, it offers data functionality, serving as a gateway for accessing high-quality real estate data. Lastly, participation in future Protocol incentive programs, with detailed information to be shared via Parcl’s official channels.

For those interested in claiming the initial community supply, Parcl Limited will soon introduce an eligibility checker and claim tools on their official website. However, users are urged to exercise caution, remain vigilant against potential scams, and verify the authenticity of web pages associated with the Parcl Network.

Community members are reassured that Parcl representatives will never initiate unsolicited contact or request personal information. Further details and important terms and disclosures can be found in the comprehensive blog post released by Parcl Limited. Stay tuned for the latest updates on this groundbreaking initiative.

cryptonewsland.com