This cryptocurrency powers a decentralized digital rewards platform. It is built on Ethereum, leveraging smart contracts to facilitate its core functionality. The primary use case revolves around rewarding users for engaging with online services and making purchases. Users can earn PLU tokens as cashback and then redeem them for various benefits, including gift cards, merchandise, or even direct fiat currency. The platform aims to address the limitations of traditional loyalty programs, which are often siloed and lack transparency. By utilizing blockchain technology, it creates a unified and verifiable reward system. The consensus mechanism employed is Proof-of-Stake, which allows token holders to participate in network security and earn rewards by staking their PLU. This approach promotes energy efficiency and decentralization compared to older consensus models. The project seeks to democratize rewards and empower users with greater control over their earned value.
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