The current price of PlatON is $0.012060. Since 00:00 UTC, PlatON has increased by +19.41%. It currently has a circulating supply of 6,242,461,650 LAT and a maximum supply of 10,250,000,000 LAT, giving it a fully diluted market cap of $74.92M. At present, the PlatON coin holds the 222 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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Listed crypto with similar market cap in the last 24h.
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 439 new posts about PlatON, driven by 48 contributors, and total online engagement reached 49K social interactions. The sentiment score for PlatON currently stands at 50%. Compared to all cryptocurrencies, post volume for PlatON currently ranks at 6218. 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
439
Contributors
48
Interactions
48,594
Sentiment
50%
Volume rank
#6218
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Posts
410
Interactions
19,527
Sentiment
50%
LAT 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.
What is the LAT price prediction?
While it’s challenging to predict the exact future price of LAT, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is PlatON worth today?
Currently, one PlatON is worth $0.012060. 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.
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