PCR “Proof of Covered Roads”
Last updated
Last updated
PCR is a contribution token that fuels the "Proof of Travel" (PoT) system, which operates as a reflection of the PoW (Proof of Work) system. It is especially designed with a dynamic reward system and a deflationary background. The distribution amount of PCR will decrease over time through a halving mechanism that is activated by the collective kilometers traveled by the users of Navvigo. The halving system works as follows:
For first 50.000 km went by Navvigo users 20 PCR per km
50.000-100.000 kms 10 PCR per km
100.000-200.000 km 5 PCR per km
200.000-400.000 km 2.5 PCR per km
Estimated PCR distribution graph:
To restore its value, PCR employs a deflationary supply system. However, in order to preserve the interests of both the community and the Earth, the Navvigo team plans to increase distribution for environmental benefits time to time.
Estimated PCR-NVVG price charts are shown in the graph