DownloadPo.et is a shared, open, universal ledger designed to record metadata and ownership information for digital creative assets. Po.et is a continuation of Proof of Existence, the first non-financial application of the blockchain. By creating an open platform on the Bitcoin blockchain, Po.et aims to create the most institutional, globally-verifiable record of digital media assets. This record will be a framework for building smart, interoperable media applications using a shared, standard and extensible metadata format.
In the same way that blockchain technologies have revolutionized the financial industry by creating immutable and distributed accounting ledgers serving as a platform for financial applications, Po.et will transform the publishing industry by creating an immutable and distributed ledger for creative works that may serve as a platform for both centralized and decentralized media applications.
You can browse the Po.et Block Explorer in our Alpha Release.
General Token Sale Overview
Po.et will be holding it's POE token sale on August 8th at 8AM EST. 50% of the total number of tokens will be distributed to the community during the sale. Of the remaining Po.et tokens, 10% will be distributed to the early investors who funded Po.et development prior to the token sale. An additional 10% will be distributed over time to publishers, journalists, alpha partners and others who contribute to growing the Po.et network. The Po.et Foundation will retain 22% of all tokens for long-term development, with the remaining 8% going to the early team and founders.
The Po.et Foundation will use all funding to support ongoing development and growth of the Po.et network. The majority of funding will be used for developer salaries and bounties for open-source contributions to Po.et.
