The current price of PlatON is $0.0050300. Over the last 24 hours, PlatON has increased by +4.57%. It currently has a circulating supply of 6,440,173,160 LAT and a maximum supply of 10,250,000,000 LAT, giving it a fully diluted market cap of $32.52M. At present, the PlatON coin holds the 249 position in market cap rankings. The PlatON/USD price is updated in real-time.
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PlatON (LAT) is a public blockchain developed by the LatticeX Foundation. It is a tech-intensive chain that focuses on building a collaborative and decentralized artificial intelligence (AI) network. The platform aims to tackle the privacy challenges associated with centralized AI networks and models by introducing secure computing techniques.
What is PlatON
PlatON is a blockchain platform that seeks to revolutionize the internet by prioritizing computing interoperability. It envisions a new internet ecosystem that incorporates advanced technologies like multi-party computing, verifiable computing, homomorphic encryption, and zero-knowledge proofs, all with a strong emphasis on identity encryption.
Think of PlatON as a public infrastructure that brings together data providers, application developers, communities, and individuals with various computing requirements, all working together within the platform.
The PlatON team
The PlatON team is led by the core team of the LatticeX foundation, who brought this computing project to fruition in 2018. While the specific identities of the team members are kept confidential, there are notable individuals such as Founder Xiao Feng, IT expert James QU, and CSO Ada Xiao contributing to the project's development and success.
How does PlatON work
PlatON is a community-driven ecosystem with an open-source infrastructure. If you plan on building a privacy-preserving ecosystem, PlatON is the blockchain to work with. The ecosystem itself uses several cryptographic technologies and a Proof of Stake (PoS) consensus, termed Verifiable Random Function PoS (VRF-PoS), to secure the network.
The ecosystem relies on security and aims to achieve higher computing efficiency, all while ushering the crypto community into a new era of free internet.
PlatON’s native token: LAT
LAT is the native token of the PlatON ecosystem, serving various functions such as staking, consensus, and security maintenance. It is also used as a means of payment for obtaining network-specific computational power.
LAT has a total supply cap of 10.25 billion tokens, with approximately 36 percent of LAT tokens currently in circulation. Notably, LAT follows an inflationary tokenomics model, likely due to the entry of new tokens into circulation as LAT fees. This means that as transactions occur within the PlatON ecosystem and fees are collected in LAT, there is a possibility for additional tokens to be minted and added to the existing supply.
How to stake LAT
One convenient and straightforward way to stake LAT is through OKX Earn. OKX Earn offers fixed and flexible staking plans of up to an estimated 13.08 percent APY. Whether you prefer a fixed-term commitment or the flexibility to unstake your LAT tokens at any time, OKX Earn offers a user-friendly platform for staking your LAT tokens and maximizing your earning potential.
LAT use cases
LAT tokens, the native currency of the PlatON ecosystem, offer various functionalities. They can be used for market trades, staking to earn additional tokens, paying for network bandwidth resources, and voting in PlatON's governance system.
LAT distribution
The distribution percentages of tokens within the PlatON ecosystem are not explicitly disclosed. However, as outlined in the whitepaper, tokens are allocated as network rewards to the LatticeX foundation and also as incentives for the community.
PlatON and a world of utilities
PlatON focuses on privacy-preserving computations to create a decentralized distributed architecture. What makes it feature and utility-rich are secure voting setups, the ability to handle confidential transactions, and private data analytics – traits aligned with the ethos of decentralization.
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Number of posts mentioning a token in the last 24h. This can help gauge the level of interest surrounding this token.
Contributors
Number of individuals posting about a token in the last 24h. A higher number of contributors can suggest improved token performance.
Interactions
Sum of socially-driven online engagement in the last 24h, such as likes, comments, and reposts. High engagement levels can indicate strong interest in a token.
Sentiment
Percentage score reflecting post sentiment in the last 24h. A high percentage score correlates with positive sentiment and can indicate improved market performance.
Volume rank
Volume refers to post volume in the last 24h. A higher volume ranking reflects a token’s favored position relative to other tokens.
In the last 24 hours, there have been 322 new posts about PlatON, driven by 217 contributors, and total online engagement reached 98K social interactions. The sentiment score for PlatON currently stands at 86%. Compared to all cryptocurrencies, post volume for PlatON currently ranks at 4321. Keep an eye on changes to social metrics as they can be key indicators of the influence and reach of PlatON.
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Posts
322
Contributors
217
Interactions
97,749
Sentiment
86%
Volume rank
#4321
X
Posts
127
Interactions
15,131
Sentiment
68%
PlatON FAQ
What is PlatON?
PlatON is a blockchain platform that strives to usher in a new era of the internet and AI by prioritizing privacy and efficiency. With a strong focus on secure computing technologies, PlatON seeks to bring the concept of distributed infrastructure to life.
What are the benefits of PlatON?
PlatON offers several benefits to its users. It enables the creation of privacy-focused blockchains, facilitates the development of privacy-specific AI models, supports confidential transactions, and enables users to participate in staking to earn rewards.
Where can I buy LAT?
Easily buy LAT tokens on the OKX cryptocurrency platform. OKX’s spot trading terminal offers the LAT/USDT trading pair.
Currently, one PlatON is worth $0.0050300. For answers and insight into PlatON's price action, you're in the right place. Explore the latest PlatON charts and trade responsibly with OKX.
What is cryptocurrency?
Cryptocurrencies, such as PlatON, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
When was cryptocurrency invented?
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as PlatON have been created as well.
Watch this video to learn about what happens when you move your money to a crypto exchange.
Disclaimer
The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice. OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
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