Beginner
Intermediate
Advanced

We are Listing Parcl (PRCL)

September 25, 2024
1 min

Parcl is a decentralized real estate trading platform that offers users the opportunity to speculate on the price movements of real estate markets across the globe. The platform uses a unique index system that tracks the performance of various real estate markets. It also offers leverage trading. Park is backed by industry’s best investors like Solana Ventures and Coinbase Ventures. 

Here’s how Parcl works: first, it creates city indexes that represent the overall performance of real estate markets in specific locations. These indexes are based on a variety of factors, including property prices, rental yields, and economic indicators.

Users can then trade on these city indexes using Parcl's platform. They can go long or short on a particular index, depending on their prediction of whether the real estate market in that city will rise or fall.

What is the PRCL token?

The PRCL token is the native token of the Parcl platform. It has several key utilities:

  • Governance: PRCL token holders can participate in the governance of the Parcl platform. This includes voting on proposals, making decisions about the future development of the platform, and allocating resources.
  • Fees: PRCL tokens are necessary to pay fees on the Parcl platform. This includes fees for trading, staking, and other services.
  • Staking: PRCL tokens can be staked to earn rewards. Staking is a process of locking up tokens in order to support the network and earn rewards.
  • Discounts: PRCL token holders may be eligible for discounts on certain services offered by Parcl.

Here are some of the other key aspects you should consider:

  • Trading Volume (24h): The trading volume of PRCL in the past 24 hours is $25,344,474.
  • Circulating Supply: The circulating supply of PRCL is 144,901,780 tokens.
  • Total Supply: The total supply of PRCL is 1,000,000,000 tokens.

Trade PRCL

Join the Parcl ecosystem and uncover the future of the real estate market! To do so, head over to our trading page and secure your first PRCL tokens.

Risk Disclosure Statement

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Katya V.

Katya is one of Cryptology’s skilled content managers and a writer with a diverse background in content creation, editing, and digital marketing. With experience in several different industries, mostly blockchain and others like deep tech, they have refined their ability to craft compelling narratives and develop SEO strategies.