At Plutus.it, our goal is to provide the next generation contactless payment gateway. As a result of interacting with a wide volume of our prospective users and our developers, we have come to the conclusion that we can align our interests to better suit the needs of our community — we added ETH support to our payments platform!

Ether to NFC payment process and checkout in under 2 minutes!

Plutons are digital tokens you earn as a rebate for shopping with the Plutus app. They can be distantly compared to cash back or frequent flyer miles on a credit card. You earn Plutons automatically by topping up your contactless balance with Bitcoin or Ether. The conversion for deposits to fiat on the app is done via the PlutusDEX; which holds the rebate contract containing 95.75% out of the 20M Plutons for emission to users of the Plutus payment system for a very long period. They are NOT owned by Plutus.it.

The participation in the Pluton crowdsale will be a short opportunity to obtain some of the 4.25% of the remaining tokens available only for 9 days.

The Pluton crowdsale will begin on Tuesday the 21st June at 8 pm GMT and it will run for 9 days, ending on the 30th June.

You will be able to participate using either of the following two options available on the Pluton Crowdsale page:

BTC are sent directly to the multi-signature Bitcoin wallet provided by BitGo. You will send BTC to the address provided on the Pluton Crowdsale page. You will also be required to save your ETH address to receive your Plutons if you choose this option.

are sent directly to the multi-signature Bitcoin wallet provided by BitGo. You will send BTC to the address provided on the Pluton Crowdsale page. You will also be required to save your ETH address to receive your Plutons if you choose this option. ETH are sent directly to the Ethereum multi-signature wallet. Plutons will be issued to the Ethereum wallet that is used to send ETH to the mutli-sig address displayed on the Pluton Crowdsale page.

Note: Details of multi-signature wallets and verifiable public addresses will be listed here and on Github before the start of the sale.

The participants of the Pluton crowdsale will receive a 3% bonus, which will be reduced to 2% on day two, and then further down to 1% on the final bonus day. The bonus will be timestamped to the Blockchain and the amount of Plutons you receive will be proportional to the amount of Bitcoins or Ethers you contribute divided by the total funds raised, with the value denominated in BTC.

Plutons obtained during the crowdsale are issued directly to your Ethereum wallet immediately after the sale. They are designed to be used on the Plutus Tap and Pay Mobile App and other services such as online payments with crypto powered virtual debit cards we aim to add in the future.

You will receive Plutons and you can then transfer them freely to another user, third party exchange service or later redeem them within the app to convert to a virtual debit card and spend at any NFC-enabled point-of-sale terminal.

The conversion of Plutons which are issued to the crowdsale participants can be converted to contactless balance on the Plutus app, the conversion of PLU will be fueled by fiat provided via the DEX network.

Pluton (PLU) — The Plutus rebate token: An asset that is decentralised and cryptographically secured by the Ethereum blockchain.

Pluton Crowdsale — Please review the complete and important updates listed towards the end of how the crowdsale will work document linked below. It contacts detailed timeline of the fund release and Plutus.it board of governance structure.

Or you can read the simple crowdsale faq below to get started faster.