Pollux Coin

Pollux Coin is a decentralized cryptocurrency that runs on a Tron blockchain network designed to store data and share files. TRON is a blockchain-based digital platform that works on the DeFi system. The currency aims to develop decentralized cloud storage data centers wherein each person can participate in and benefit from. Users can keep their data securely in the decentralized cloud storage without any interference from a third party. 

Pollux Coin seeks to act as a distributed storage facility that works on the DeFi system and is more cost-effective and efficient. This coin has brought cloud storage on a public blockchain network and is used to pay mobile recharges and utility bills and peer-to-peer exchange around the world. Cloud storage is a type of computing model that saves data on remote servers. This computing model is maintained, managed, and operated by storage servers or cloud storage service providers that are developed on virtualization techniques. 

The purpose of the whitepaper is to introduce POX tokens to potential token holders. The main goal of POX coins is to seek to offer relevant information to token holders to analyze the company with the intent of obtaining AX coins. Pollux coin aims to be an ambitious initiative that outlines a long-term vision and high popularity of cloud storage with low costs.

The Pollux coin is released through crypto minting units (CMU) in 30 phases. Minting uses the proof-of-stake mechanism to generate new coins and adds the coins to circulation for trading. A total of 50 million POX are minted and distributed between POX holders during multiple processes. Applications are deployed in a wide variety in POX because of their highly effective smart contracts and scalability. High scalability can provide support to a huge number of users. POX aims to improve the TPS to achieve high throughput.

The project head of PolluxCoin is Mr. Sachin Kumar. The currency was launched in 2020. The maximum total supply of PolluxCoin (POX) is 50,000,000 POX coins.