Published on Feb 21, 2020
Pillar (Symbol: PLR) designed by Twenty Thirty, a blockchain network innovation company based in Zug, Switzerland is a system which is powered by its own native token. Pillar is decentralized projects that in which the personal data locker where wallets, browsers, and exchanges will be combined into the one dashboard. The system will operate on most devices, consisting of phones, tablets, cars, buildings, wearables, and more, which mean that it is an open-source, multi-chain wallet that will provide users, companies, and governments with a new decentralized digital system.
The Pillar Project is a collaboration of the blockchain innovation community of 20|30. We want to get rid of old ways of thinking applied to new technology. While most people are busy building decentralized apps, we questioned the idea of apps in general and decided it was time to go in a new direction. The people listed here have joined because they are passionate about the project. We hope you will join us, too.
After a successful token sale, the Pillar Project is focused on product development. We are working on building a next-generation consumer Pillar wallet, tools and processes for businesses to reduce their GDPR compliance efforts and an improved Pillar blockchain explorer
It is designed to power all the services and transactions you use during your day. To make your life simple, you’ll just see your normal currency plus your pillar balance. All the tokens necessary will be one level down, paying for the goods and services you use.
While the wallet and platform are open-source and free, users will pay for the various Personal Data Locker services with pillars as they use them. The token will power (provide micropayments for) the entire ecosystem, giving an instant business model to many projects that can tie in. This is the beauty of the token: you may need a service exactly once and you won’t need to sign up for it, you’ll just pay for it with a Pillar token and you’re done.
For Example:
You go see your doctor, she does some tests and gives you a prescription for some pills. All the data from that visit, and the prescription, will be copied to your wallet. You can then manage the prescription any way you like, including asking for bids from pharmacies for the lowest price, or fastest delivery, etc. In this case, pharmacies compete for your order, and their software can be aware what the bid/ask is, and they may give you special offers to choose their service or even pay you to watch an ad for a particular drug. This is all under your control – you decide how you want it, and you pay a small number of pillars each time you use the system for storing your records and letting you manage your relationship with the health-care system. Your data can even go to a study being done – with your permission – and even though you’re anonymous in the study, if they want to send you a message, you’ll have a choice of receiving it or not.
Brave has a native token for seeing customized ads and monetizing your browsing experience. Augur has a token for betting. Akasha has one for messaging. You’ll encounter dozens or hundreds of tokens as you go about your day. All these tokens will be native in our system one level below the Pillar token. Users may only ever see pillars, or they may see the various utility tokens for the services they use.
Token name: Pillar
Token ticker symbol: PLR
Token type: Ethereum ERC20
Token sale start: July 15th, 2017 at 08:00 London UK time (GMT + 1)
Token sale duration: approximately 60 hours, measured in blocks
Total tokens issued: 800 million
Total tokens available for sale: 528 million (66%)
Total tokens sold: 235,384,201
Total tokens unsold: 340,651,799 (on ice for 10 years)
Price per token: 0.0005 ether (same as the presale)
Tokens in circulation: 243,348,201 (up to the 17th April 2018)
