• Advertise
  • Submit a Press Release
NewsBTC
Bitcoin & cryptocurrency news
Crypto.com Logo
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play GamesTry
  • Bet & WinTry
No Result
View All Result
NewsBTC
No Result
View All Result
Nexo Logo

PLC Ultima: From Almost Zero to Crypto Hero

NewsBTC by NewsBTC
2 months ago
in Company News
Reading Time: 3 mins read
Advertisement

When PLC Ultima (PLCU) launched in 2021, who could have predicted this new coin would go on to become one of the world’s most valuable cryptocurrencies with a community of more than one million people across 120 countries around the globe.

Moreover, the speed at which PLCU grew its community and attained this valuation is particularly impressive. Within six months of its launch, PLCU had matched the world’s best-known cryptocurrency and in less than a year, sprinted past the leading Bitcoin to become more than twice its value.

How PLCU managed to achieve all this was no accident or result of a clever marketing campaign that went viral. PLC Ultima’s incredible success is down to its founder, Alex Reinhardt, choosing to take a very different approach to the hundreds of other crypto projects that launch every year.

5 BTC + 300 Free Spins for new players & 15 BTC + 35.000 Free Spins every month, only at mBitcasino. Play Now!

The road to success

The technology behind PLCU is based on infrastructure that was developed in Switzerland approximately five years ago. The company’s developers used this infrastructure to build a bespoke platform and developed more than ten innovative crypto products in line with the company’s vision.

Unlike the majority of coins available to buy, PLCU wasn’t created to be an investment vehicle that a trader purchases, sits on and waits for its value to increase. This coin was created to be used, and the vision and business model behind it are quite different from anything else out there.

In a recent interview, Alex Reinhardt stated, “My goal is to bring about a real economy in the crypto-world through PLC Ultima. The vision is to become a mass-market cryptocurrency with the world’s largest user base.”

BitStarz Player Lands $2,459,124 Record Win! Could you be next big winner?
Get 110 USDT Futures Bonus for FREE!

The community is the power behind PLCU, and it’s them who are driving the growth and value of the coin by doing what they normally do on an everyday basis like buying online, going to the grocery store and operating their various types of businesses.

To support the community, PLCU has created an entire ecosystem (or cryptosystem) to make their lives as easy as possible. Innovative products allow the community to carry out their day-to-day purchasing, run a business or even earn income by minting new PLCU coins. In effect, they are a micro-economy with all the tools they need to not only function but thrive.

The best example of one of these products is the innovative PLC Card. This is a physical crypto debit card that can be used online or at any location with an electronic payment terminal. The card has a unique dashboard allowing users to make payments by fiat or a selection of cryptocurrencies.

Keeping its community not only happy but overjoyed is PLC Ultima’s number one priority because the community is the road that will lead to PLCU’s growth and continued success.

An expanding community

PLC Ultima has ensured its community’s continual growth by providing them with all it needs and listening to their wants, needs and suggestions to improve processes. It’s the community who live and work within the PLCU cryptosystem – therefore, their feedback is invaluable.

With the community itself driving the business, the company believes that it’s the community that should profit the most from PLCU’s increasing value. Thus, the company has implemented a number of steps to ensure this happens, allowing the community to benefit more than the company itself.

For example, the company decreases the production of new coins each month, and more than 50% of coins are frozen for an entire year. The company also burns 1% of every transaction that’s processed, and the company burns 100% of its own coins to not compete with the community for liquidity.

By implementing these steps, the company builds trust and confidence in the coin. In addition, the community feels appreciated and rewarded for their loyalty. As a result, the community themselves recommend others to join the project, which helps to drive the growth of the coin even further. Thus, this delivers a mutually benefiting relationship where everyone wins.

A future with limitless opportunity

PLCU’s success story proves that thinking outside the box and daring to take a different road can lead to momentous results. The entire crypto industry is still in its infancy, and technology and ideas are advancing every single day.

PLC Ultima’s founder recently said, “I believe that crypto will continue to go from strength to strength, and we’ll see new technologies and applications materialize that we haven’t even imagined yet. The future looks exciting to me, and I’m positive it will be full of many new opportunities.”

In a way, nobody could have predicted PLCU’s incredible rise in such a short period of time. By the time the industry reaches its teenage years, who knows what opportunities will present themselves to PLC Ultima and what heights the company might reach?

 

Tweet123Share196ShareSend
Win up to $1,000,000 in One Spin at CryptoSlots
NewsBTC

NewsBTC

Related Posts

Top GCC Banker Hussein Al Meeza Joins Islamic Coin Executive Board

Top GCC Banker Hussein Al Meeza Joins Islamic Coin Executive Board

8 hours ago
primexbt

How To Become A Power Trader With PrimeXBT Trading Contests

1 day ago
From Autonomous Cities to US Presidency: The Future Is Now Film Shows What Blockchain Leaders Think About Governance

From Autonomous Cities to US Presidency: The Future Is Now Film Shows What Blockchain Leaders Think About Governance

2 days ago
Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)

Top Decentralized Stablecoin Alternatives to USTC (Formerly UST)

2 days ago
CoinEx Charity Sponsors Consensus2022 MetaGala with Donations to Charitable Education

CoinEx Charity Sponsors Consensus2022 MetaGala with Donations to Charitable Education

3 days ago
Crypto Meltdown Calls for a Decentralized Compliance Layer to Protect User Interest

Crypto Meltdown Calls for a Decentralized Compliance Layer to Protect User Interest

4 days ago

Premium Partners

Top Brokers

PrimeXBT

PrimeXBT

Review · Visit

Top Casinos

BitStarz

BitStarz

Review · Visit
7BitCasino

7BitCasino

Review · Visit
BC.Game

BC.Game

Review · Visit
Punt Casino

Punt Casino

Review · Visit
mBit

mBit

Review · Visit
CryptoGames

CryptoGames

Review · Visit
Bspin

Bspin

Review · Visit

Sportsbooks

1xBit

1xBit

Review · Visit
BC.Game

BC.Game

Review · Visit

SpaceMine (MINE) Is Now Available for Trading on LBank Exchange

June 25, 2022

LBank Exchange Will List Global Trading Xenocurrency (GTX) on June 27, 2022

June 25, 2022

Choise.com Token (CHO) Is Now Available for Trading on LBank Exchange

June 25, 2022

Can Chronoly (CRNO) Match the Growth of Shiba Inu (SHIB)?

June 25, 2022

Collect Big Monkeys NFTs and enjoy extra earnings

June 24, 2022

ABOUT US

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

COMPANY

  • Advertising
  • Comments Policy
  • Privacy Center
  • Sitemap
  • About Us
  • Contact

Technical Analysis

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Ripple (XRP)
  • Chainlink (LINK)
  • Cardano (ADA)
  • Tezos (XTZ)

LINKS

Crypto Prices from Nomics

Cryptocurrency news

  • Bitcoin
  • Ethereum
  • Ripple
  • Chainlink
  • Cardano
  • EOS
  • Tezos

© 2021 NewsBTC. All Rights Reserved.

  • Home
  • News
    • Bitcoin
    • Ethereum
    • Cardano
    • Dogecoin
    • Ripple
    • DeFi
    • NFT
    • Sponsored
    • Press Releases
  • Analysis
    • Bitcoin (BTC)
    • Ethereum (ETH)
    • Cardano (ADA)
    • Chainlink (LINK)
    • Litecoin (LTC)
    • Tezos (XTZ)
    • Zcash (ZEC)
    • EOS
    • YearnFinance (YFI)
  • Trading Course
  • Directory
    • Crypto Businesses
    • Bitcoin Brokers
    • Casinos
    • Sportsbooks
  • Play Games
  • Bet & Win

© 2021 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.