Unlocking PsuB’s Versatile Utilities: A Comprehensive Guide to Its Practical Functions and Benefits

What is PsuB and what does it solve?

The PsuB Token is a cryptocurrency designed to address the inherent limitations and challenges faced by existing coins and tokens in the market. The PsuB team recognized the issues of low utilization, market scalability, ecosystem activity, and investor distrust, and aimed to create a comprehensive solution through the PsuB Ecosystem built within the PsuB Metaform.

The PsuB Token’s main purpose is to overcome the problems of unstable and uncertain markets by operating two distinct business models:

1. Payment Model: PsuB aims to expand the token’s utilization through a payment model that establishes a fixed value for the token in the real economy. This is achieved by creating a payment function that allows PsuB Token to be used as a means of payment. Additionally, a separate payment system called “SuBPay” will be introduced, offering convenience and discounts to consumers. Unlike typical token-based payment systems, SuBPay will operate independently and will have a payment guarantee issued by a financial institution, ensuring its stability. This payment guarantee will increase in proportion to the usage and distribution of PsuB Tokens.
2. Utility Model via NFT MarketPlace: To address the decreased trading volume of the NFT market, the PsuB team intends to popularize NFTs by demonstrating their practical utility beyond simple ownership. The team aims to establish a strong connection between NFTs and real-life applications by introducing the concept of “Physital,” which stands for “Physical+Digital.” This approach positions NFTs as not just collectible items but as functional tools that have utility in the real market. By proving that NFTs can serve as a means of financial technology and practical use, PsuB seeks to enhance the recognition and adoption of NFTs.

In summary, the PsuB Token addresses the limitations of existing coins and tokens by offering a fixed value in the real economy through a payment model and by demonstrating the practical utility of NFTs in the NFT market. Through these innovative approaches, PsuB aims to provide solutions to the challenges of token utilization, market scalability, and investor trust, ultimately creating a more robust and functional cryptocurrency ecosystem.

Token Overview

• Token name: PsuBi
• Token symbol: $PsuB
• Total supply: 2,800,000,000
• Total circulation Supply: 1,000,000,000

Coinstore Listing

• Trading pair: PsuB/ USDT
• Trade time: 17 August 2023, 15:00（UTC+8）
• Withdrawal time:18 August 2023, 15:00（UTC+8）

What are the utilities of PsuB?

PsuB offers a range of utilities and functionalities designed to enhance its practicality and value within the blockchain and crypto ecosystem. Here are the key utilities of PsuB:

1. Utility and Payment Functions: PsuB combines utility and payment functions, allowing it to be used for various purposes within the ecosystem. It’s designed to serve both as a practical utility token and a means of payment.
2. Multi-Blockchain Support: PsuB is issued on both the Ethereum and Klaytn blockchains. This multi-blockchain approach takes advantage of Ethereum’s and Klaytn’s strengths, offering users options based on their preferences and needs.
3. SuB Points for Real-World Use: SuB Points, exchanged on the PsuB Metaform, have a fixed value and can be utilized in real-life scenarios. Users can use SuB Points like cash for transactions both online and offline, adding a practical dimension to the token’s utility.
4. Reduced Transfer Fees: PsuB’s private wallet and multi-blockchain system enable reduced or waived transfer fees when sending coins to others. This convenience enhances the usability of PsuB for everyday transactions.
5. Market Expansion: Unlike tokens with limited scalability, PsuB can expand its presence across various markets. It can be used for secure product payments, online shopping mall transactions, and offline non-platform purchases.
6. Diverse Use Cases: PsuB’s utility is set to expand through various initiatives such as real estate NFT issuance, G2E and M2E app development, and wallet insurance. This diversification enables PsuB to be utilized for payments and compensation across a wider range of scenarios.
7. Legal Compliance and Security: The PsuB team is committed to legal compliance and user security. They establish cooperative systems with external companies, conduct thorough internal and external reviews, and adhere to personal information protection policies to mitigate legal risks and prevent money laundering.
8. Integration with DeFi: PsuB’s ecosystem will integrate with DeFi (Decentralized Finance) products, enhancing its utility and expanding its use cases. This integration will contribute to the growth and development of the PsuB token ecosystem.

In summary, PsuB’s utilities encompass its dual function as a utility and payment token, multi-blockchain support, real-world usability through SuB Points, reduced transfer fees, market expansion, diverse use cases, legal compliance, and integration with DeFi products. These utilities collectively position PsuB as a versatile and practical token with the potential for widespread adoption and utility.

What does the project ecosystem include?

The PsuB project ecosystem encompasses a wide range of services and functionalities designed to meet the diverse needs of users within the blockchain space. This comprehensive ecosystem is built around the PsuB utility token and is structured to evolve and advance over existing blockchain services. Here’s an overview of the components included in the PsuB project ecosystem:

1. NFT Market (PsuBBox): PsuBBox serves as a utility platform and NFT marketplace that supports both C2C and B2C transactions through NFTs. It offers various services such as digital art, profile picture (PFP) tokens, real estate NFTs, wallet insurance, and Physital (Physical+Digital) NFTs. Users can utilize PsuB tokens as a payment method for purchases and fees on the platform.
2. Real Estate NFTs: PsuB plans to issue real estate NFTs that combine real estate rights, bond rights, and related credential elements. This initiative leverages PsuB’s legal expertise, NFT-related technology, and marketing capabilities to create NFTs that represent a range of rights and obligations related to real estate.
3. Wallet Insurance: PsuB is working on insurance products for virtual asset wallets. Through partnerships with cyber hacking insurers, the project aims to offer short-term small insurance plans using NFT technology. The insurance products will provide coverage for potential risks associated with virtual asset wallets, enhancing the safety and security of users’ digital assets.
4. Gaming and Incubation Simulation (G2E): G2E is an incubation simulation that involves purchasing item NFTs from PsuBBox, hatching them, and raising them through missions. This feature aims to provide users with engaging, interactive, and financially rewarding opportunities within the ecosystem.
5. Platform Payment System: PsuB tokens will be utilized as a payment method within the ecosystem, allowing users to make transactions on the PsuB platform. The system aims to eliminate inconveniences and provide a seamless payment experience for users.
6. Expansion and Partnerships: The PsuB ecosystem plans to increase its value by controlling distribution flows, implementing platform payment systems, and enabling payment on non-platforms. The ecosystem’s expansion will be further facilitated by forming cooperative relationships with related companies and connecting with external ecosystems.
7. Klaytn and Ethereum-Based Platform: PsuB operates as a blockchain platform based on Klaytn and Ethereum. The ecosystem aims to provide various commercial services, including the registration and trading of goods, services, financial instruments, and digital assets. The primary focus is on making blockchain services accessible, easy, and safe for all participants within the ecosystem.

In summary, the PsuB project ecosystem is designed to address the limitations of existing tokens and coins by offering a wide range of services through its utility token. From NFT marketplaces and real estate NFTs to wallet insurance and gaming simulations, PsuB aims to provide users with practical and valuable opportunities while fostering an expanding and interconnected blockchain ecosystem.

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