The PurpleCoin Medallion provides visionaries with a scarce, tangible, and fashionable crypto asset that you can purchase right off the shelf. It was designed to be the easiest way to secure your place in the music industry’s new crypto boom without having to be a computer expert.
PurpleCoin is an Ethereum block-chain based cryptocurrency. Every PurpleCoin Medallion comes with its own unique, encrypted, pre-installed PurpleCoin cryptocurrency code, engraved right on the back of the physical PurpleCoin Medallion. The PurpleCoin digital asset serves as a royalty payment to content creators or as a payment for music-related goods and services (e.g., access to concerts, video production, photoshoots, and access to other events and festivals) on the PurpleCoin music platform. PurpleCoin is a product of PurpleThrone Corp. and may be exchanged into fiat currency.
Blockchain technology is literally a string of connected “blocks” that make up one long “chain.” It’s the magic formula for a global, decentralized, and transparent system. Think of it as a giant accounting ledger that keeps track of all commerce around the world. So yes, every-time you make a purchase any where on earth, it goes into this encrypted ledger. A world-wide team of volunteers, verify each transaction before making it an official block on the chain. Every volunteer has to solve a sophisticated mathematical problem before their block can be added. This global system of “volunteers” makes the system virtually impenetrable for hackers. With the infusion of “Smart Contracts,” we no longer have to depend on humans to carry out whatever we want. With smart contracts, you can precisely leave your great, great, great, great grandkids a boat load of money or book a cool video shoot with the folks at PurpleThrone!
PurpleCoin is an open source cryptographic token. PurpleCoin is non-inflationary, fractionally divisible and of fixed supply. The Ethereum blockchain network utilizes a verification methodology, which allows PurpleThrone to distribute financial independence to millions of artists and medallion owners world-wide.
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