Announced tocancel blockchain Protocol for industry digital media Po.et

8 August 2017 starts tocancel Po.et, a new blockchain Protocol for tracking ownership and attribution of global digital content.

The main goal of the Po.et is the creation of the platform, which will simplify the process of publishing, licensing, arbitration, analysis and verification of digital content, as well as accelerated development of solutions for industry digital media by using blockchain technology and capture time metadata.

In the basis of technology Po.et is the bitcoin blockchain with added functionality of smart contracts and applications that will accelerate the dissemination of digital works, as well as eliminate the difficulties faced by publishers, editors and content creators. In addition, the proposed solution should increase the economic efficiency of hashing metadata.

Platform Po.et includes marketplace licensing of digital media. Its main product is invariant portfolio of creative digital assets, when licensing and monetization which takes into account geographical and other settings.

Thus, the authors of the project, Po.et lays the Foundation for an open blockchain Protocol for decentralized media applications. In the Protocol, an algorithm of consensus Proof of Existence 2.0.

Token POE serves several purposes:

to improve network effect platform Po.et by creating a community of interested stakeholders and publishers;
to raise funds for long-term development of the platform and to provide a mechanism of economic incentives for early investors and participants in the network.
Previously, developers Po.et has already raised $1 million during the presale tokens POE, which was attended by experienced players of the media industry, institutional investors and is known in the blockchain-industry entrepreneurs.

In the course starting 8 August tokencache (Invite-Only) command Po.et expects to attract an additional $9 million.

In total will be released 3,141,592,653 tokens POE, 50% of which will be distributed among the community. Half of the remaining 10% will be distributed among the early investors in funding the development of Po.et to licensee. An additional 10% will eventually be distributed among publishers, journalists, partners and other contributors to the growing network Po.et.

22% of all tokens POE will be reserved for long-term development of the project, the remaining 8% of the tokens will be given to the founders of the project and his team.

To see the whitepaper and additional information about the project on the official website Po.et.

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