Plutons are digital tokens issued on the Ethereum blockchain, with the balance tied transparently to smart contracts. The transaction is designed to instantly confirm and then reflect onto a debit card balance. Their value will be decided entirely by the users, independent from the control of Plutus and other centralized entities.
The key benefits are zero fees and free conversion to fiat. Pluton transactions confirm instantly on the blockchain, compared to the bitcoin network which requires 10 minutes to an hour or more.
What Decides the Price?
As for the price, the number of Plutons in the market will increase as the service is used as a result of the rebate system, in addition, a certain amount of Plutons will be used for marketing as a bounty program and airdrop.
The cost of each Pluton token is highly susceptible to volatility now, due to the fact that most of the holders of the Pluton are holding their tokens, and also because there is no PLU listed on large exchanges.