Introduction to Po.et (POE): a ledger to track ownership of creative resources

Nowadays, it's pretty easy to license digital media today using an existing license or buying a new one. Unfortunately, protecting and applying your license can be difficult. A person can simply copy and republish digital media at the click of a mouse and there is no responsibility.

Po.et aims to revolutionize the digital licensing sector through the use of blockchain technology. Built over the Ethereum blockchain, it uses smart contracts to enforce the terms of the license. This makes it more difficult to violate licensing conditions because they are managed by software rather than by people.

In addition, the blockchain prevents unauthorized redistribution of content and makes it easy for anyone to see the terms of the license. As its developers claim,

"Po.et will transform the publishing industry by creating an immutable e distributed master book for creative works that can act as a platform for centralized and decentralized multimedia applications. "

The content is verifiable and accessible by anyone in the world. Publishers can access digital resources directly from the network. It is a truly decentralized and digitized platform.

The Po.et development team

Po.et recently hired a new CEO, Jarrod Dicker. Dicker brings experience in publishing, from the Washington Post and Huffington Post. He announced his arrival with a YouTube video and a long post on the community blog:

Dicker observes:

The second biggest question I have behind "what is blockchain" is "why do you leave the Washington Post by Jeff Bezos", a company that has been incredibly good to me … The media industry in general is been extremely negative lately with the headlines, that both the duopoly takes over our business … or you're talking about advertising networks or about dimensions and things of this nature. There is no positive momentum for media companies and it's sad because content is being consumed more than ever before and more than ever

Lautaro Dragan is the main token developer. He is a specialist in API and web applications – with nearly ten years of programming experience, he is ready for the task.

Pat Riley is their product leader, a self-taught designer with a background in street art and brand strategy. He was hired by BTC Media, as well as by other big companies like Apple and BitPay.

Jeremy Kandah is the principal official of the Po.et coins. Previously, he worked at Flurry, the world's largest mobile data analysis company. He has also worked on numerous other projects before working to develop the Po.et platform.

frost

The Po.et development team launched Frost on February 8, 2018. Frost is an API designed to provide easy access to the Po.et blockchain. Content publishers and developers must not interact with private key infrastructure thanks to this new tool.

It is compatible with the most popular open source CMS systems. A WordPress Po.et plugin has already been released – content creators will be able to publish their work easily.

The development team is actively working on the project. Contrary to other tokens without a real product, Po.et is taking a step in the right direction.

Max Bronstein writes on the blog Po.et:

Frost makes it easy for developers to create web applications that access the Po.et network. Developers will be able to easily integrate the API into their web stack. Easy access will allow you to build a multitude of new integrations on Frost, which will catalyze the use of the platform and make a standard known online

Price movement and ICO

The Po.et platform had a initial offer of coins of $ 10,000,000. It took place on July 8, 2017. Po.et currently has a market capitalization of $ 76 million.

partnership

Po.et is a partner of several companies and is supported by many wise investors. Otonomos is its governance partner, which allows users to train, fund and govern their blockchain activities.

Po.et is also a partner of Jaxx, cryptocurrency wallet designed for Bitcoin, Ethereumand other currencies.

This token is supported by a number of investors, including Bo Shen of Fenbushi Capital, David Bailey of BTC INC, Richard Titus of Samsung and David Lee of Block Assets.

Where to buy

Po.et sees most of his volume on Binance. It is also traded on the Chinese OEX exchange and the Korean KuCoin exchange.

Why is it worth taking Po.et seriously?

Keeping in mind the preliminary information, here are some reasons to take Po.et seriously.

Talent development team

The development team of this token is made up of intelligent and talented people, who publish an alpha version of the currency even before the coin's ICO.

Strong community

Po.et has a strong follower community with over 10,000 readers on Reddit, 7500+ members on Telegram and over 30,000 Followers of Twitter. In addition, the team does a great job presenting information to the Chinese community, which is a huge market.

Definitive goals

The development team has made their whitepaper extremely clear – they will initially focus on business customers and eventually move into mainstream media and publishers' copyright concerns.

Initial phase

The only exchange with considerable trading volume is Binance and the team has not initiated any type of advertising or marketing campaign. Once the word spreads and the currency is quoted in larger exchanges, it will provide even more liquidity and awareness.

Conclusion

Po.et is still in the initial phase of its development, but its future seems bright. It is the first test of existence on the market and one to keep on your radar in 2018.

The coin creates a cryptographically secure digital fingerprint for online media. The team is working hard on the project: it will be interesting to see where the new CEO brings them.

For more information on Po.et including price, market cap and links to social media, check out the video below or visit the Po.et coin profile.