Pool of Stake | Blockchain Based Mining Platform

Proof of Stake is the newly developed platform on the bloackchain technology. It will be fully adopted by the major players in the blockchain field since it allows miners to validate whether the correct amount of funds are in their account and the bitcoin transactions are correct on the blockchain platform based on how many coins the miners choose to put at stake on that network. It does not require much hardware work. The participants in the POS are called as validators rather than participants since it does not have block rewards but the transaction fee and it facilitate for the validation process of transactions without the mining activity like Proof of Work (PoW) does.

The evolution of the mining pool can be identified as,

Need of mining bitcoins – It was a computer and an application.

Development of hardware - It makes the mining much harder for the community

Start forming the mining pools - It is allowed its members to gain back the edge and start mining again.

Proof of Stake – It provides the validation.

Proof of Stake provides following benefits to its users.

security for the system

economies of scale

saving of electricity

AI in support of the best investment for PSK members

Providing a platform to compare the rewards of different blockchains based on real data of the members

Pool of stake implementation is done from three steps.

Step one – It consists with Bob’s wallet, deposit of POS coin, proof of stake blockchain, pool of stake node and KEY via smart contracts

Step two - It consists with Bob’s wallet , KEY rewards, proof of stake blockchain, pool of stake node and withdrawal rewards within x number of days

Step three- It consists with Bob’s wallet, KEY rewards, and proof of stake blockchain and pool of stake node. The rewards will be received within 24h.

The maximum amount that is expected to be raised as the hardcap is 8 Mio € where the minimum amount that is expected be raised as softcap is 2 Mio €. Once the hardcap is achieved prior to the official end of the ICO, it will be closed at that point itself. In the case of not reaching the softcap all the investment made by the investors will be reallocated to them. The total token release to the market will be 70 Million. The total token supply is distributed as follows.

PSK unlocked – 56.9%

PSK 3 months locked – 12.7%

PSK 6 months locked – 17.8%

PSK 1 year locked – 2.6%

PSK 2 years locked – 10.0%

So raised fund will be used for the development of the projects in following areas.

Area	2018	2019
Taxes & finance & legal	9%	12%
Security & tech & develop & web	20%	11%
Marketing & social media	41%	27%
Office & management	30%	50%

So far up to now Pool of stake has been Seed Funding of 750.000 € with the advisors of Patrick Lowry, Ian Scarffe, Daniil Morozov, Strong core team. Not only that the support given by the core team is also very admirable. All these effort has been resulted in establishing a Swiss Company. The initial token sale has been begun on 20 July 2018 and it will be open until 30 September 2018. Pool of stake has been planned to achieve followings in its near future.

Adopting the coins depending on results from Coin Community Vote

Implementing the direct governance via platform

Opening platform for dPoS blockchains – Ark

Liquidation of democracy for governance via delegation mechanism or direct vote

Opening the Platform for PoS blockchains based on Ethereum

Opening the Platform for dPos blockchains based on TBD

These plan will be adjusted according to the project available in the market that or beyond the control of the Pool of stake.

Pool of Stake Team

Pool of stake is driven toward the success by an excellent team that comprises with highly qualified and well experience nuts. They are experts in Business Plan Preparation, Supply Chain Management, e-commerce , Team Development, Six Sigma, Manufacturing, Blockchain Technology, Social Science, Programming Languages, Operating Systems , Communication Networks Software Management, Computer Science and Automation Engineering , Branding, Design, Digital Communication , Asset Management , Finance and Accounting, Node’s Innovative Developments, Research Activities , Storage and Transmission of Electricity , Entrepreneurship, Investment, Marketing and Sales, Business Administration, , Internet Business, Startups, Strategy, Innovative Products, Cryptocurrency, and Legal matters and so on.

Pool of Stake Ratings