Petals PTS Price $ 0.00158

Petals is a Web3.0 short video creation and social platform built entirely on blockchain technology, which facilitates value transfer and fair distribution for all users of the protocol.

Token Usage

The token is the intermediate of Petals system. Different roles will earn tokens based on their behavior.

For creators, everyone can upload short videos recording their daily life, happiness, sadness, and hold the private key to hold the full ownership. Modifying permissions, publishing content, following other creators, and interacting with other contents only need users to hold their private keys with ZERO interference from any centralized party. Token will be reward to all creators in this distributed system.

For algorithm providers, each one can obtain the contents from creators equally. Algorithm providers can no longer monopolize and control the contents. Users can switch to any algorithm providers at any time, which determine the ads. flow and content preference. The more the algorithm is used, the more token will be earned by algorithm providers.

For distributed nodes, they will be hosting short videos, maintaining the connections among Petals nodes and the reverse indexes of content interactions, storing permanent data such as transactions and contributions, and using a transparent algorithm to mark creators and content to achieve a user-controllable recommendation system, etc., of course, you can also get rewards for your own work.