Phaeton (PHAE)

What Is Phaeton?

Phaeton is a Blockchain Technology and Services company. In line with Phaeton’s philosophy to utilise blockchain technology to make the world a better place for all communities, Phaeton has created a Blockchain platform to make a Social Impact. With a suite of established technology, Phaeton Technology, under a strong management structure, is creating a Social Impact Platform that incubates, develop, and collaborate with new and established business enterprises that address social and environmental challenges in line with the United Nation’s Sustainable Development Goals.

Phaeton Unique Features

All these projects are powered by Phaeton’s core and unique technologies which include:

• Phaeton Blockchain: Phaeton has a decentralised ledger system with a 1GB block size (potential of one million transactions) and one-second creation time.
• Phaeton Core: Phaeton Core is a single-sign-on platform with multi-factor authentication and biometric identity validation for smart contracts, KYC and cosignatory transaction authorisation. This application is also linked with Phaeton Smart Card.
• Phaeton Smart Card: Phaeton Smart Card is a biometrically secured device serving multiple functions, including ID authentication, multicurrency banking, and hard-wallet storage for cryptocurrencies.
• Phaeton Coins: Phaeton has issued 500 million premined approved Phaeton Coins (PHAE), with approximately 250 million in circulation and the balance of 250 million reserved and stored for incubation projects and growth of the business.
• Phaeton Sidechains: Phaeton’s Sidechain model is designed to allow client projects to create a sidechain on the Phaeton Blockchain.
• New start-ups are created every minute, which is an excellent opportunity for Phaeton to tap into this everincreasing market and make our business model grow. The benefits include:

By helping existing businesses incubate ideas, we develop an ecosystem around our current products, making the market tilt towards our technology products.

By providing mentorship, guidance, and seed capital to entrepreneurs, we will take an equity position, improving Phaeton’s holdings and increasing Phaeton Coins’ value.

By attracting start-ups with new ideas, there is the potential in finding a “unicorn” idea that will disrupt the market.

Roadmap

2018

• January: Chai Shepherd and Damian Robson registered Phaeton
• January: ERC20 PLK Token Created
• January: Development of Phaeton Blockchain Research and Development
• January: Research on Token Economics
• February: Research on Consensus Algorithm
• February: Research on Hashing Algorithm
• February: Research on Data Storage and Computer Science

2019

• February: Phaeton Blockchain MainNet Launch
• February: ERC20 PLK Swap to PHA
• July: Phaeton TestNet Release
• July: Phaeton Explorer Release
• August: Research on Side Chain Technology
• August: Research on Smart Contract Standard
• August: Research on NFT
• December: Phaeton V3 Started Development
• December: Research done on Delegate Penalty
• December: Research done on Password Hashing

2020

• March: Appointed by Ron Forlee for his project
• June: Discussion of a merger
• August: Merger established
• September: Ron Forlee appointed as CEO
• September: New business strategy established
• October: Start work on Sidechains
• November: Start Work on NFT and Smart Contracts
• December: Update from Blake2b to Blake3 after research analysis

2021

• January: Start of capital raising
• February: Appointed to create a Carbon Credit Marketplace
• February: Start Work on Smart Contract Standard
• February: Research on Side Chain and IOT Integration
• March: Joint Venture Flow Resources and Atomic 6
• March: Initiated Phaeton Network
• May: Initiated Phaeton Smarter Housing
• May: Start Development of Helious Deployer
• June: Initiated Phaeton TNFT Real Estate Marketplace
• June: Approved by P2P2B2B2 and LAToken to list PHAE Coins
• June: Construction Started Phaeton Modular Data Centre
• July: Initiated Phaeton Personal ID and Phaeton Artemis Node.
• July: Approached by brokers to list Phaeton on the Stock Exchange
• July: Start Development of Phaeton Identity
• July: Approach for NASDAQ Listing
• August: Discussion to purchase Flow Resources and Atomic 6.
• August: Phaeton V3 MainNet Swap PHA to PHAE
• August: Start Development of Artemis Node

Phaeton Token Economy

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Detailed Token Metrics

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Token Distribution

Development Fund – 30%

Commercialisation – 20%

Operations – 20%

Legal – 5%

Coin Listing – 25%

Token Release Schedule

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Partners & Advisors

Team Members