Po.et is a blockchain-based platform proposed for handling the possession, ascription and licensing of digital media assets. It is an extension of the Proof of Existence, one of the first physical asset applications of the blockchain. Po.et aims to create an open, transparent platform for verified digital media assets.
The revenue earned from the marketed applications of Po.et will be shared with the POE token owners. They get a share equivalent to the percentage of tokens held out of the total tokens in circulation. The company collects the appropriate fees in various forms of digital assets from the customers for the services rendered and use the fees for their operational and marketing expenses.
Po.et looks to create a blockchain platform that offers value-added services with features and attributes of smart contract and distribution of digital content while simplifying and eliminating the marketplace hiccups for the content publishers, creators, and editors.
The primary aim of po.et is to tackle the three vital problems that are tough to answer about digital assets on the internet today. These are:
The idea of po.et was perceived sometime in the last quarter of 2016 and by December got its initial seed funding. By June this year, the company raised $1 million from potential investors and partners. The company has ambitious plans and is implementing secure and transparent services like the proof of existence and licensing. The POE tokens become more valuable as the po.et value keeps rising. One big advantage is, it has won the confidence and is forming a partnership with some of the big names in the cryptocurrency publishing industry.
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