Po.et is not primarily a cryptocurrency, but rather a blockchain protocol designed specifically for the creative industry. It aims to create a decentralized platform that allows artists, writers, musicians, and other creators to claim ownership of their digital content, verify its authenticity, and securely manage their intellectual property rights.
Po.et leverages the power of blockchain technology to create a decentralized ledger where users can timestamp their creative works, proving their existence at a specific time. This helps establish a verifiable record of ownership, which can be useful in copyright disputes or when negotiating licensing agreements.
While Po.et does not have its own native cryptocurrency, it has previously issued an ERC-20 token called "POE." This token was used as a utility token within the Po.et ecosystem to facilitate various functions such as acquiring licenses, staking, and curating content. However, since the launch of Po.et's mainnet, the POE token has migrated to the native Po.et blockchain, thus becoming a standalone token.
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