$PARTI Partisia Blockchain is a Layer 1 platform that combines multiparty computation (MPC) to protect data at all stages: when stored, transmitted, and processed. The MPC utility token (trading symbol PARTI on some exchanges) is used to pay transaction fees, staking, and utilize MPC security services. The project raised $54.89 million through an ICO from 11/2020 to 5/2022 and is rated as layer 0+1+2, regulation-friendly, combining ZK, MPC, and smart contracts to enhance privacy and multi-chain interaction capabilities. Partisia will transition the mainnet from Beta in June 2024, with the MPC token listed on KuCoin, Bitfinex, Gate.io, MEXC… On-chain, MPC has a market cap of ~4.9 million USD with a circulating supply of ~310 million/1 billion tokens, down ~97.7% from ATH, reflecting a deep correction phase. Tokenomics applies the Bring Your Own Coin (BYOC) mechanism, allowing the use of external tokens as collateral and for ZK computation service payments. The core team includes Kurt Nielsen and Mark Medum Bundgaard, with many years of experience commercializing MPC and ZK. Key application cases include healthcare, auctions, KYC, cross-chain DeFi, and privacy advertising. In 2024, the project will launch zkCross Bridge and Koala Wallet, marking diverse collaborations in PET applications on the network.
Project Overview: Partisia Blockchain combines MPC and sharding to provide secure computing (ZK computations) directly on the public blockchain, allowing the processing of sensitive data without revealing content.
Team & Funding: The project raised $54.89 million through ICO, managed independently by Partisia (MPC trading company) and Partisia Blockchain Foundation. Co-founder Kurt Nielsen and CPO Mark Medum Bundgaard lead the team with a background in MPC research since 2008 and many years of product development.
On-chain and market metrics.
Current Price: 0.189 Market Cap: ~4.9 million USD with circulating supply ~310 million/1 billion tokens.
All-Time High: has reached ATH and then decreased sharply before accumulating around the current level. BYOC mechanism: allows the use of external tokens as collateral for ZK and oracle services.
1-Hour Frame: The PARTI/USDT price is fluctuating sideways around 0.188–0.195 with Bollinger Bands contracting, indicating an accumulation phase. RSI (6/12/24) around 40–50, not overbought/oversold. MACD and DEA line are close to crossing, confirming sideways movement.
4-Hour Frame: Price slightly recovered after the bottom ~0.168, maintaining above MA10 but below MA20, needs to confirm breakout.
Daily Frame: Decreased 27.83% in the past 30 days, showing signs of forming a short-term bottom around 0.168–0.175. Bollinger Bands and daily RSI are signaling accumulation.
Launch: transitioning from Beta to full Mainnet in June 2024, improving throughput and privacy for enterprises.
Listing: The MPC token is available on KuCoin, Bitfinex, Gate.io, MEXC, BitMart… expanding liquidity and reaching the global community.
Ecosystem: launching zkCross Bridge, Koala Wallet, and Health Innovation Exchange, paving the way for many PET applications in DeFi and healthcare data.
Short-term Waves: enter around 0.183–0.186 USDT, cut loss below 0.180, take profit at 0.195–0.200.
Medium-term: wait for the price to exceed 0.205 with increased liquidity, gradually accumulate towards 0.24–0.26.
Risk management: allocate only 1–2% of the portfolio, regularly update on-chain news and partners. And remember to wear a condom to avoid wallet disease. Carefully review the roadmap and partner news before increasing exposure.
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