Pop Social Token (PPT) Guide: How to Earn and Utilize

Curious about what you can do with Pop Social's native Pop Token (PPT) and how to accumulate it? Dive into the world of PPT.

Pop Social Token (ppt) Guide: How To Earn And Utilize_65b96d4b04bbc.webp

Pop is on a mission to make Web3 accessible to internet users worldwide, starting with the social media landscape. Pop Labs, through their Pop Social app, seeks to introduce the masses to the wonders of Web3 and blockchain technology. The gateway to this new era begins with SocialFi features, allowing even the least Web3-savvy individuals to grasp the concept. Eventually, simplified DeFi features will be integrated into the platform. To ensure a robust Web3 infrastructure, Pop has formed a strategic partnership with Prysm Group, already incorporated into the latest version of the Pop Social App.

At the core of this partnership lies Pop Token (PPT), a critical component in maintaining the Pop Social Ecosystem’s vitality. This blog will shed light on how users can earn PPT on the Pop Social DApp, its versatile applications, and how it fosters equilibrium within the platform.

Introducing $PPT, Pop Social’s Native Token

The Pop Social Ecosystem revolves around its native digital token, Pop Token ($PPT), acting as the primary reward mechanism for the project. Additionally, the ecosystem hosts NFTs from the Pop NFT Collection, both of which hold value within and beyond the Pop DApp.

PPT’s design focuses on creating a self-sustainable and long-term SocialFi token model, fostering a symbiotic relationship between users and creators on the platform. It employs dynamic emissions to create a positive feedback loop, driving user adoption and creator engagement. PPT’s purpose is to incentivize creators and users with a dynamic rewards system, differing from traditional social media platforms. In essence, PPT powers the Pop Social ecosystem and plays a pivotal role for all its participants.

pop social token ppt guide how to earn and utilize 65b96d4b07678

Earning and Utilizing PPT in the Pop Social Ecosystem

PPT offers a multitude of opportunities for earning and utilization within the Pop Social Ecosystem. It maintains equilibrium among three distinct entities: users, creators, and advertisers. Creators and users directly receive PPT emissions, while advertisers must purchase PPT for ad space on the platform. Now, let’s delve into how creators and users can earn and use PPT within Pop Social.

How to Earn PPT on Pop Social

PPT serves as more than a transactional currency; it also serves as a reward for content creation, curation, and consumption. The platform rewards those who contribute value to Pop through PPT, leveraging network effects to boost the platform’s growth and health.

User and creator engagement within the Pop DApp is tracked based on time spent and types of interactions. This tracking, measured by Pop Credits (PCR), is automatically converted to PPT at designated times, ensuring a fair conversion of engagements into earned PPT.

pop social token ppt guide how to earn and utilize 65b96d4b10c2a

Earning PPT on Pop Social involves various activities, most of which you likely already do daily at no gain. These activities include posting, reading, watching, sharing, liking, and commenting on content. You can also earn PPT by referring new users through your Invitation code. The more value you contribute, the more Pop Credits you earn, translating to more PPT.

How to Use PPT on Pop Social

With PPT in hand, you can enhance your Pop Genesis Dynamic NFT’s value by purchasing NFT accessories. These upgrades enable you to earn more PPT in less time and unlock exclusive social features.

PPT holders can open Treasure Chests, which yield rewards like increased PPT earning rates, enhanced content visibility, and rare NFTs from Pop Social. PPT can also be used for NFT marketplace fees and fiat on-ramp fees. All spent PPT, including ad purchases, circulates back into the Pop Treasury, which, in turn, redistributes PPT emissions.

Creators contribute to the Pop Social Treasury through various means, including taxed revenue from subscriptions and NFT Collection launches. They also engage in PPT giveaways and raid-to-earn incentives. PPT allows users to tip creators for premium content access and facilitates creator governance staking, unlocking fee discounts, and other utilities.

pop social token ppt guide how to earn and utilize 65b96d4b17465

PPT’s utility extends to minting and purchasing Subscription NFTs and a variety of NFTs from the Pop NFT Marketplace. Engaging with the Pop DApp unlocks a world of perks and possibilities within the Pop Social community.

>>> Bybit Digital Exchange Introduces Pop Social on Its Web3 IDO Platform

How Pop Social’s PPT Functions

PPT’s circulation within the Pop Social Ecosystem is vital for its longevity. The Pop Social Treasury serves as the hub for spent PPT, maintaining sustainable token economics. When the average tokens per user decrease significantly, the Pop Social Treasury activates, accumulating value within the token. The maximum supply of PPT is capped at 200,000,000.

pop social token ppt guide how to earn and utilize 65b96d4b1d5db

Pop’s revenue primarily stems from Ad Tech, providing a proven means of sustainable monetization. Users encounter advertisements as a reward and opportunity for extra tokens, rather than an unwanted intrusion. Additionally, revenue flows from NFT royalties, content NFT sales, minting and transaction fees, and more, all contributing to the Pop Treasury.

Ultimately, the value of the Pop Social Ecosystem is driven by its users. The community is at the center of Pop Social’s focus, as it’s the users who shape and enrich this digital space. Allow Pop Social to empower and reward you as you establish your online social identity and lifestyle.

5.0/5

(100 votes)

Latest

Pepe Surges 75% In 24 Hours Following Coinbase Listing

News | Altcoin | Editor Choice | Memecoin

PEPE Surges 75% in 24 Hours Following Coinbase Listing

PEPE price has surged in the past 24 hours, after the largest exchange in the United States, Coinbase, announced the listing of this meme coin, and Robinhood also integrated PEPE into the platform.

Binance Announces Listing Of Usual On Launchpool And Pre Market

News | Altcoin | Editor Choice

Binance Announces Listing of USUAL on Launchpool and Pre-market

Binance has announced the listing of Usual as its 61st launchpool project. This is also the second project to be listed on Binance Pre-Market, following Scroll.

Blackrock Expands Rwa Market Share To Aptos, Arbitrum, Avalanche, Optimism, And Polygon

News | Editor Choice

BlackRock Expands RWA Market Share to Aptos, Arbitrum, Avalanche, Optimism, and Polygon

BlackRock USD Institutional Digital Liquidity (BUIDL) continues to expand its market share by entering four additional networks: Aptos, Arbitrum, Avalanche, Optimism, and Polygon.

Azcnews Act Memecoin On Solana Surges Nearly 3000% In A Short Period

News | Altcoin | Editor Choice | Memecoin

ACT Memecoin on Solana Surges Nearly 3000% in a Short Period

Memecoin Act I The AI ​​​​Prophecy has seen a huge price surge of nearly 3000% in the past 7 days, bringing huge profits to investors who believe in this coin.

Azcnews Bitcoin Price Drops After Reaching Ath As Investors Take Profits

News | Bitcoin | Editor Choice

Bitcoin Price Drops After Reaching ATH as Investors Take Profits

Bitcoin rose to a high of $93,000 before correcting to its current price. The decline may have been caused by investors taking profits.