What is PilotCoin (PLT) Used For
PilotNet and other use cases
PilotCoin (PLT) is an ERC-20 utility token which allows holders to earn passive digital revenues generated through our proprietary distributed network, PilotNet. Through a global network of user nodes, PilotNet gathers, transforms and regularizes trends, financial data, engagement, performance and market data into machine learning problems ultimately combining the results into an AI meta-model to identify and rapidly capatalize on trade and mining opportunities in cryptocurrency markets. Rewards are distributed to token holders measured against the amount of PLT held while nodes are rewarded measured against processor useage and bandwidth. The longer you run the PilotNet node, the more PilotCoin tokens, you will receive. There are of course more ways to make money with PilotCoin.
Another way to make money with PilotCoin is staking. When you just hold PilotCoin in your ERC-20 wallet, you will earn rewards on that stake once a month. This can be useful by providing a new way to earn even if you can't run the PilotNet program for whatever reason. Staking also helps to give a medium for exchange for PilotCoin and it helps strengthen the network and the community. With this newly built stronger community and network, PilotCoin can be involved in more bigger things and can grow to become more useful for people's everday lives. Not only will it become useful in our everyday lives, but it will become a crucial part of cryptocurrency and society.