LBank Exchange will list Phaeton (PHAE) on December 16, 2021

Press release

World Wide Web City, DUBAI, December 13, 2021 – LBank Exchange, a global digital asset trading platform, will list Phaeton Coin (PHAE) on December 16, 2021. Accordingly, the PHAE / USDT trading pair will be officially available for trading on December 16, 2021 at 6:00 p.m. (UTC + 8) for all users of the LBank Exchange.

While there can be significant financial returns from blockchain technology, it is certain that it can also improve the lives of people around the world. Phaeton is here to create a sustainable environment for future generations with a philosophy of using blockchain technology to make the world a better place for all communities. The native PHAE coin will be listed on LBank Trade on December 16, 2021 at 6:00 p.m. (UTC + 8) to further expand its global reach and help it achieve its vision.

About Phaeton

Phaeton is a blockchain technology and services company that created a blockchain platform to create social impact. With an established suite of technologies, Phaeton Technological Innovation creates a social impact platform under a strong management structure to incubate, develop and collaborate with new and established businesses on sustainable development goals.

With the mission to find current social problems in his community, Phaeton is looking for solutions through blockchain technology. Phaeton aims to work with all levels of business, government agencies, nonprofits, impact investors, philanthropists and technologists, and any other company that wants to make a difference. These include affordable housing and community development, renewable energy and environmental protection, carbon credits and climate change, health and wellness, education and social infrastructure, small business and microfinance, sustainable products and agriculture, supply chain management and more.

The Phaeton Blockchain has a decentralized ledger system with a block size of 250kb (potentially one million transactions) and a generation time of five seconds. It is based on a delegated proof of stake plus authorized Byzantine fault tolerance (DPoS + dBFT) consensus algorithms that improve energy efficiency. Phaeton remains an independent blockchain that focuses on providing a platform for businesses, be it currency, transactions, data or smart contracts. The ability of individuals to host a node is critical to the speed, scalability, and security of the blockchain.

There are also Phaeton branded projects that make up the Phaeton ecosystem. This includes the Phaeton network, the first modular off-grid data center of its kind to reduce CO2 emissions Phaeton Smarter Housing, a new generation of apartments that integrates new digital and building technologies Phaeton Real Estate TNFT Market, aimed at real estate enthusiasts and investors Trading in TNFT Phaeton Artemis nodes which are full nodes with a staking model responsible for validating transactions to maintain Phaeton Identification consensus algorithm, blockchain identity management solution and the like.

Phaeton intends to test most branding projects in Australia to ensure their success. Then the goal would be to make it known internationally. Phaeton is approached by three brokerage organizations for listing on the stock exchange, including ASX, TSX, and NASDAQ.

About PHAE coins

The PHAE coin is the native coin of the Phaeton blockchain and is used for transaction fees, delegates and rewards in the ecosystem. All staking interactions in the Phaeton blockchain ecosystem are performed through PHAE, which is led by validators who are part of the DPoS community. This governance model enables PHAE coin holders in real terms with regard to the governance of the platform.

The PHAE-Coin will be listed on December 16, 2021 at 6:00 p.m. (UTC + 8) on the LBank Exchange. The listing of PHAE on the LBank Exchange will surely help her to further expand her business and gain more exposure in the market.

The PHAE Coin is a commodity-backed cryptocurrency, the value of which will increase as companies that support the token value grow and develop. Since smart contracts and sidechain functions enable the development of solutions on the Phaeton blockchain, Phaeton has developed various solutions on the blockchain that will be available shortly to increase the value of the PHAE token. Such developed solutions are diverse and expanding industries such as identity management, TNTT real estate, web of points, carbon credits and crypto staking.

Some of the upcoming projects are Phaeton Authentic Estate, Phaeton Identification and Phaeton Smarter Properties. Phaeton Real Estate is a TNFT real estate project in which Phaeton will build a range of properties for residential and commercial use. The company plans to build several data centers and power plants in these countries. Clever Identification aims to use blockchain technology to solve identity management problems without compromising user privacy. Phaeton Wise Id tries to put data owners in control and create a unified identity for users across all possible domains. Finally, Phaeton Smarter Properties is an online of factors solution that uses blockchain solutions to provide a secure and fast connection between home devices and to provide electricity for convenient use and energy saving.

Learn more about PHAE Coin:

Official Website: https://phaeton.io/

Twitter: https://twitter.com/PhaetonOfficial

Facebook: https://www.facebook.com/phaeton.io/

Instagram: https://www.instagram.com/phaetontechnology/

Telegram: https://t.me/Phaeton_Official

About LBank Exchange

LBank Exchange, founded in 2015, is an innovative global trading platform for various crypto assets. LBank Exchange provides its users with safe crypto trading, specialized financial derivatives, and professional asset management services. As a result, it has become one of the most popular and trusted crypto trading platforms, with over 6.4 million users from more than 210 regions worldwide

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Contact details:

LBK Blockchain Co. Limited

LBank Exchange

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