Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Po.et - digital creative assets timestamped onto the blockchain
by
skyward007
on 29/04/2018, 20:45:41 UTC
poet tokens where to use. I am asking because i cant understood well how it work this system.

The tokens will be used on the platform once the main net is live. Some information on how the token will be used can be found here: https://blog.po.et/poe-an-economic-tool-for-crowdsourcing-truth-3b085e4bf7cc

but is not it possible to use the token today? I understand that you can trade on the exchange, I'm interested in the substantive use.

POE will be used as a proxy in the governance model of the foundation as well as a mechanism for establishing a reputation system within the network. We envisage a strong need for dispute resolution as the network scales. Allowing token holders to build their reputation scores through good behavior will help keep the network secure and honest. The Po.et token may also transition into the protocol’s native currency — any use of the network will require POE