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PLCU cryptocurrency. Review on PLC Ultima and interview with Alex Reinhardt

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In late 2021, a new cryptocurrency, PLC Ultima, entered the market, which has been in development since 2016 and has become the hub of a full-blown ecosystem of more than ten blockchain products. Thanks to its rich history, mature infrastructure, and the rapid growth of PLCU price, the cryptocurrency has quickly made headlines in popular publications and become the No. 1 topic of discussion for most investors. And its growth is truly astounding – in less than half a year, the value of a single PLCU coin has grown from 0.10 to 100,000 USDT, which is even higher than the bitcoin value! In this article, you’ll find all the information about this project and an exclusive interview with its founder Alex Reinhardt who is also a venture capitalist and crypto expert.

What is a PLCU coin?

PLC Ultima coin is a cryptocurrency based on PLCU’s blockchain, a cocktail of an advanced Litecoin blockchain combined with the Segregated Witness protocol and CryptoNight encryption (which Bitcoin uses). This technology combination provides PLCU with high transaction speeds, easy scalability, and plenty of opportunities to create or adapt related products.

PLC Ultima’s primary goal is to introduce cryptocurrency into the daily lives of people and society. To this end, PLCU offers the company a wide range of innovative business solutions that allow for the “painless” introduction of cryptocurrency into any workflow. Furthermore, for ordinary users, the system offers minuting technology that can create a source of passive income. That is the main advantage and factor of the popularity of PLC Ultima. Thanks to minting, it is possible to mine new coins without special equipment and huge electricity bills.

Since PLC Ultima is an entire ecosystem, it includes several fantastic and profitable PLCU blockchain-based products, namely:

  1. A proprietary crowdfunding platform, Platin Hero, where you can launch any of your projects, from high-tech startups to charities, or become an investor supporting such projects. The platform works on a matching basis, which means that investors don’t transfer money to a project but only freeze it for a certain period. At the end of that period, the funds are unfrozen, the investor gets them back together with the reward and the project receives its money for the launch.
  2. The Platin Deal global marketplace and PlatinSale private classifieds platform, where you can buy products with seventeen well-known cryptocurrencies or sell your products as an official marketplace merchant.
  3. PlatinPay payment system and crypto debit cards. They allow you to pay with PLCU and several other cryptocurrencies (including BTC) offline, online, and make international transfers without commissions.

The ecosystem also includes POS terminals, vending machines, and many other exciting products.

PLC Ultima price today

The price of PLCU is increasing steadily, and by April 2022 had already surpassed the mark of 92,000 USDT. PLCU coin is available in many major exchanges, such as Coinsbit, HitBTC, or Bibox (a Chinese app). They get traded in two pairs – PLCU/BTC or PLCU/USDT.

Of course, prices are floating, but the cryptocurrency continues to strengthen its position in the market. How exactly? Alex Reinhardt, the founder of PLC Ultima and a well-known IT and FinTech businessman, will tell us about it.

An Interview with Alex Reinhardt, CEO of PLCU

Q: American business publication Entrepreneur considers you one of the ten leaders in the crypto industry, so we are interested in your opinion. What do you think about the current crypto market?

A: I think the crypto market is very lacking in long-term projects. Many cryptos are created by speculators for speculators – to “pump up” money. Because of that, there is still a lot of distrust in society towards cryptocurrencies, but they can be a full-fledged alternative to fiat money and offer people more opportunities. Unfortunately, they are also still considered complicated to work with.

When I created PLC Ultima, I wanted to create a cryptocurrency for both experienced traders and beginners, to improve living standards worldwide by making it easier to make money from cryptocurrencies, and make advanced financial technology available.

Q: What do you consider the main “strength” of PLC Ultima?

A: Our community already has a million people in it from over 100 countries! It is a very close-knit community where everyone is interested in further developing cryptocurrency. We encourage it to grow, so we offer our users unique programs that you can’t find anywhere else – the car and real estate programs. You can buy a luxury car or flat in Dubai with them for as little as 50% of the cost. We also hold regular international events (in Switzerland, for example) so that partners can exchange experiences. Thanks to the people at the heart of PLC Ultima that our cryptocurrency is growing so rapidly.

Q: Speaking of growth… PLC Ultima’s price is incredibly high right now. How did you manage to achieve such a high value?

A: We have envisaged a means to ensure continuous deflation and maintain the coin’s liquidity. First, the PLCU has a burn mechanism: 1% of the coin is burnt with every transaction. Secondly, the company destroys 100% of its coins because we do not want to compete with regular users. Also, about 30% of coins do not participate in farming and are permanently stored in users’ wallets, while 50% are frozen and held annually. We are gradually reducing the production rate of new coins, so the earlier users join the system, the better.

That keeps the supply and demand of coins in balance and ensures the continuous growth of PLC Ultima’s price. It’s simple, but what a result!

Q: Can you describe how minting in PLCU works in practice?

A: All you need is a smartphone. First, install the free PLC Ultima Wallet and PLC Ultima Farm applications. The first application is a wallet that stores both purchased and mined coins. You can also transfer coins and make other financial transactions using your virtual wallet. On the other hand, Ultima Farm is an application for minting, where the user freezes any number of coins for one to three years. After this period, the user receives the unfrozen coins along with the reward mined during this time. Its amount, like other conditions, is fixed in a smart contract concluded with PLC Ultima at the time of minting launch. It is necessary for the safety of the users – it guarantees that they will make a profit and that their coins are under reliable protection.

You also need to purchase an Ultima Minter digital certificate to run minting. We limit the number of participants in the network and the number of coins not to collapse our market. The higher the category of the certificate, the more new coins you can get.

This approach to storing cryptocurrencies allows you to increase their number and thereby earn money and protect yourself from inflation. We thought for a long time with the development team about how to realize our dream of helping people make money with cryptocurrencies and blockchain, and that’s how PLC Ultima appeared! I hope that further our project will have even more new victories and users and bring even more profit and opportunities for professional growth.

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