The latest recorded price of ProChain (PRA) is $ 0.01304046, indicating a increased of +4.70% in the last 24 hours.
ProChain is a digital cryptocurrency that operates on the Ethereum platform. It aims to build a transparent digital advertising ecosystem that improves the effectiveness of digital advertising, reduces advertising costs, and significantly enhances the user experience. ProChain uses blockchain technology to solve the main issues in digital advertising like fraud and data privacy.
ProChain was introduced by a team of anonymous developers. As with many cryptocurrency projects, much of the development has been carried out by a decentralized community of contributors.
ProChain uses Ethereum's smart contract functionality to manage advertising transactions. Advertisers and publishers can interact directly on the platform, eliminating middlemen and greatly reducing costs. The system automatically verifies the legitimacy of traffic and advertisement impressions using the blockchain, solving a major problem of fraud in the ad industry. Users are also rewarded with PRA tokens for viewing ads, improving the overall experience and encouraging user participation.
ProChain stands out from other digital advertising platforms by using blockchain for ad verification. This creates a more efficient, fraud-resistant system compared to traditional digital advertising models. Also, by rewarding users for their time and attention, ProChain promotes user engagement and helps advertisers reach a more engaged audience.
As ProChain operates on the Ethereum platform, the network is secured by Ethereum's robust Proof-of-Stake (PoS) consensus mechanism. This consensus mechanism not only provides improved transaction speed and scalability but also enhances overall network security.
The current available supply of ProChain (PRA) is 50.0M. The total amount of PRA that will ever be produced is 100.0M.
Currently, ProChain (PRA) can be purchased on Bit-Z, Bibox, OKEx. If you are a new investor, ensure you understand how to navigate these platforms before you start trading.
Like other cryptocurrencies, ProChain coins must be stored in a digital wallet that supports Ethereum tokens. Options include hardware wallets, which are the most secure, or software wallets that have varying degrees of security that are usually free. Remember to always keep your wallet credentials secure to avoid losing your coins.
ProChain is primarily targeted at the digital advertising industry. Advertisers and publishers use the platform to transact, verify the legitimacy of traffic and user engagement, and ensure a higher level of transparency compared to traditional systems. It's also used by individuals who earn PRA tokens by interacting with digital ad content.
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