ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us

Plutons’ Flash Sale Raises Big Money




The startup accumulated over $1,000,000 in the nine-day crowdsale.

Update 7/22/2016 8:27 PST: Plutus has offically released a statement saying over a thousand partcipates helped raised over $1 million with Bitcoin and Ether during their crowdsale. 

Plutus’ nine-day flash crowdsale has officially ended. The crowdsale was able to collect $1,005,487.65 from 1,122.85 BTC and 20,471 ETH donated by future users. The crowdsale was to raise funds for the startup’s digital tokens, Plutons.

At this time, the value of the 850,000 Plutons available from the crowdsale has not been calculated, but the price will soon be determined.

Sent in a mass email to users, the reasoning behind the short flash sale and the amount of low availability of Plutons, was to keep the Plutons as a rare digital token. This was an opportunity for users to participate in building the project while also acquiring these rare coins. The only way for users to gain Plutons after the crowdsale will be as a reward for paying with bitcoin or Ether on the Plutus Tap and Pay app. Each payment will grant the user a small percentage of Plutons.

To calculate the lasting factor for the supply of the Pluton tokens in the rebate system, Plutus released a longevity calculator for the users. They can use the calculator to “determine future inflation rate of new Plutons being emitted via the rebate system for users of the Plutus Tap & Pay.”

The digital token, which is issued to users on the Ethereum blockchain, can be an alternative payment for goods and services through the app. Users can benefit from these payments since they result in instant transactions with zero fees.

For more information, check out the video below.

Pluton — Blockchain Powered Rebate System for Contactless Payments from Plutus on Vimeo.

Danielle Meegan

New Hampshire native Danielle Meegan is a writer based in Los Angeles. She has been published in a couple of sports and entertainment magazines and newspapers throughout the years and has dabbled with multiple virtual currency exchanges to understand the 'ins and outs' of trading. Danielle has invested in over 15 different virtual currencies, including Ether.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Plutus, Crowdsale or other Ethereum business and finance news.