What is PlatON (LAT)

1. Project Introduction
PlatON, initiated by the LatticeX Foundation, is a next-generation privacy-preserving computing network that integrates blockchain and cryptographic computing technologies. It provides a computing interoperability framework as the foundational protocol for the next-generation internet.
PlatON’s architecture incorporates verifiable computation, secure multi-party computation (MPC), zero-knowledge proofs (ZKP), and homomorphic encryption, forming a decentralized computing system. The project serves AI developers, distributed application (DApp) builders, data providers, enterprises, institutions, and individuals, offering an open-source infrastructure for computation needs.
Summary
PlatON is a privacy-preserving financial infrastructure designed to be a leading Web3 blockchain platform. It aims to provide:
Institutional-grade stability and performance for Web3-native applications
Regulatory-compliant digital asset management powered by privacy computing
Confidential payments and settlement solutions for diverse use cases
Seamless and intuitive user experience
2. Team & Investment Info
Xiao Feng: Founder of PlatON, founder of Wanxiang Blockchain Labs, and founder of Fenbushi Capital.
Sun Lijun: Co-founder, CEO of MatrixElements. Formerly a senior manager at China UnionPay. Entered the blockchain industry in 2013 and founded MatrixElements in 2014, focusing on blockchain infrastructure and privacy computing networks.
Liang Xinjun: Chief Advisor, co-founder of Fosun Group and former President & CEO of Fosun Group. Also a key figure at Shanghai Guangxin Technology Development Co., LTD.
Funding:
October 9, 2020: Raised $12 million in a new funding round, initiated by Fosun Group co-founder Liang Xinjun. The round was led by Gaoshan Capital and Hash Global Capital, with participation from Singapore-based OUE Group, leading Asian insurance asset management institutions, and various family offices.
July 1, 2018: Secured $38 million in funding.
3. Social Media URLs
X: https://x.com/PlatON_Network
Discord: https://discord.com/invite/jAjFzJ3Cff
4. Token Info
Token Symbol: LAT
Total Supply: 11,038,130,000
Token Type: PlatON mainnet
Issuance/Burn Mechanism: Inflationary
Block Explorer:
https://scan.platon.network/
Initial Token Supply: 10 billion tokens, with annual inflation
Token Distribution:
Founding Team: 20%
Early Investors (SAFT): 20%
LatticeX Foundation: 15%
Ecosystem Fund: 10%
Academic Fund: 10%
Community Development Fund: 10%
Reserve: 15%
5. Related Links
Official Website: https://platon.network/
White Paper:
https://www.platon.network/pdf/en/PlatON_A_High-Efficiency_Trustless_Computing_Network_Whitepaper_EN_2.pdf
Other Info: https://www.rootdata.com/Projects/detail/PlatON?k=Mjc4