Abstract

This document provides a technical overview of 99¢ Plus Coin (99PC), focusing on key technical details and facts. 99PC is an automated cryptocurrency with a unique reward mechanism and decentralized features.

Token Contract

99PC contract address: 0xD98E5BDBb77c1bFeac4DD6d2f4D598c9a6D0Ab33

Decentralized Operations

99PC operates without a dedicated team overseeing its functions. All coin operations are automated. The token's core functionalities are entirely embedded in the token contract.

Transparent Supply

The launch of 99¢ Plus Coin distinguishes itself from other cryptocurrencies by providing transparency in its token supply of 99M total tokens. The total supply was made available on secondary markets at inception. This approach ensures that all coins are publicly accessible and in circulation, contributing to a transparent ecosystem.

Market Valuation

This digital asset is designed to maintain a consistent market valuation around $0.99 through a mechanism that balances supply and demand. The total issuance is capped at 99 million units, which introduces a natural progression in value over time as the available supply reaches its upper limit. Once the maximum supply is reached, the valuation may evolve based on market dynamics, reflecting the scarcity and utility of the asset.

This structure creates a value point that the asset gravitates toward, providing users with a predictable range of pricing without guaranteeing a fixed rate. By design, the system anticipates and incorporates the potential for value appreciation as the ecosystem grows and demand increases.

Reward Mechanism

Holders of 99PC are rewarded through a mechanism known as the "Reflection Tax," which is programmed into the smart contract. Whenever coins are moved, whether through buying, selling, or transferring, a 1% Reflection Tax is automatically applied. This tax is then distributed to all 99¢ Plus Coin holders, weighted by their wallet balances. In other words, the more 99¢ Plus Coins an individual holds, the greater the amount they receive from this Reflection Tax every time transactions occur on the network.

Choice of Polygon (POL) Network

99¢ Plus Coin is deployed on the Polygon (POL) network instead of the Ethereum (ETH) network. This decision was made to enhance the efficiency and cost-effectiveness of the reward mechanism. The Polygon network was chosen due to its popularity and lower transaction fees, which ensures that the rewards benefit 99PC holders by avoiding high gas costs.

Acquisition of 99¢ Plus Coin

To purchase 99PC, users can create an account on MEXC crypto exchange and place a trade. Buy with USDT from mexc.com. For US users, you may need to pass KYC with a Palau ID from rns.id

Summary

99¢ Plus Coin is a decentralized cryptocurrency with a transparent supply, automated operations, and a unique reward mechanism that benefits all holders based on their wallet balance and network activity. Its choice of the Polygon network enhances efficiency and reduces costs. Users can acquire 99PC on MEXC.