Particl is an open-source and decentralized eCommerce platform with a focus on the privacy of its users. On its peer-to-peer marketplace (which is a decentralized application built on the Bitcoin blockchain), transactions can either be between people or businesses and people. With its various privacy tools, decentralized nature, and end-to-end encryption, Particl provides users with a secure and private experience without the need for any third parties. Its Confidential Transactions stay hidden from the public and its encrypted chats are end-to-end encrypted. On the marketplace, users will be able to sell anything in return for a variety of cryptocurrencies.
The Particl (PART) token powers the Proof-of-Stake consensus (inflation is set at 5% this year, decreasing 1% each year to 2%) and allows users to participate in the platform’s governance.