1. What is PCX?

Introduction to PCX Tokens

PCX is the mainnet token of ChainX, and here are its main features:

• Supply: The total supply is 21 million, completely mined from 0, with no public or private sales, and no pre-mining.
• Production Rules: The production halves every two years, with an initial production of 14,400 PCX per day, resulting in 10.5 million issued in the first two years.
• Circulating Supply: The current circulating supply is 12.5053 million PCX.

ChainX's design aims to issue and manage tokens in a decentralized manner, ensuring fairness and transparency.

2. Who founded PCX?

The founders of ChainX (PCX) Tokens are Yue Lipeng and Guo Guanghua. Yue Lipeng is a Polkadot community organizer in China, while Guo Guanghua is a developer engaged in public blockchain technology. They founded the ChainX project in 2016.

3. Which venture capitalists invested in PCX?

PCX (Polkadot Coin) is the native token of the Polkadot network. Polkadot is a decentralized platform that allows interoperability between different blockchains. Here are some well-known venture capital firms that have invested in Polkadot or PCX:

1. Polychain Capital: Polychain Capital is a venture capital firm that focuses on blockchain and token investments. They are early investors in Polkadot.

2. Fabric Ventures: Fabric Ventures is a European venture capital firm that focuses on investments in the blockchain and token space. They have also invested in Polkadot.

3. IOSG Ventures: IOSG Ventures is a venture capital firm that specializes in blockchain and token investments. They have invested in Polkadot.

4. KR1: KR1 is a UK-based venture capital firm that focuses on investments in the blockchain and token space. They are early investors in Polkadot.

5. Placeholder**: Placeholder is a US-based venture capital firm that focuses on investments in the blockchain and token space. They have also invested in Polkadot.

This information may change over time, and investors may adjust their portfolios. Therefore, it is recommended to conduct up-to-date research and consultation before making any investment decisions.

4. How does PCX operate?

PCX (ChainX) is a token designed to enhance asset interoperability between different blockchains. Here are the key points regarding its operation:

1. Cross-Chain Bridge: ChainX uses cross-chain bridge technology, allowing users to transfer Bitcoin (BTC) and other tokens to the ChainX network, making asset transfers between different blockchains more convenient.

2. Governance, Staking, and Payments: The PCX token has three main functions: governance, staking, and payments. Users holding PCX tokens can participate in the network's decision-making process, secure the network through staking and earn rewards, and use PCX tokens to cover all transactions on the protocol.

3. Custodial and Non-Custodial Modes: ChainX offers two modes: custodial and non-custodial. The custodial mode uses multi-signature and threshold signature schemes to ensure asset security, while the non-custodial mode utilizes the Lightning Network (X-Lighting) for fast on-chain payments and the execution of smart futures.

4. Smart Futures Support: ChainX supports the deployment of smart futures using Web Assembly and EVM, providing a high-quality development environment that supports popular programming languages and Ethereum's Web 3.0 protocol.

5. Polkadot Integration: ChainX plans to operate as a parachain on the Polkadot network, which will further enhance its interoperability and scalability.

In summary, ChainX (PCX) aims to be a scalable, secure, and interoperable token platform through its cross-chain bridge, governance, staking, and payment functions, as well as its support for smart futures.