how does po.et manage licensing for individual artworks? why not erc 721? How much you guys see Poe going?
Hey xybersurfer
Po.et provide you a proof that you were able to timestamp a certain content through the Po.et protocol.
Po.et uses the Bitcoin blockchain to ensure that the files hash is permanently stored in an immutable data structure without the need for a central time-stamping authority. The POE itself is an ERC-20 token since it allows to leverage the good compatibility with exchanges and access to a larger development community. ERC-721 tokens are used for other purposes which not necessarily support Po.et protocol. As of now, Po.et remains ERC-20.