Parabox will be a new type of lottery that is distributed and self-managed through smart contracts. All transactions will be open and transparent, independent of any third-party involvement or influence. Funds will be automatically managed through smart contracts for prize distribution with rules that cannot be altered.
PADCoin, abbreviated as PAD, is the token issued on the public chain within Paraboxs dual-chain system. PAD is the native token of the Parabox blockchain, used for proof-of-stake transactions, supporting digital assets, and paying blockchain transaction fees. As the entry credential, dividend incentive voucher, and node election voucher for the entire system, PAD will be listed on top-tier exchanges for trading.