Petals

Petals

Created using Figma
The place where Web 3.0 starts.
Record the beautiful and gorgeous world,
harvest your own wealth.
Data is not available
To be announced
Token Details
Ticker
PTS
Total supply
100,000,000,000
Additional Details
Categories
Platform

About Petals

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.
Its innate incentive mechanism is the biggest supporter of the coming Web3.0 era. Through the redistribution of value, content consumers, content producers, backend service providers or advertisers - are all able to create value and generate their own wealth. Everybody benefits.

Petals short video system ecology is built by all participants together and the efficiency of the system is improved with the help of AI algorithms.

Content Consumers
Watch and discover your favorite quality video works, and earn Petal rewards by following, commenting, liking, retweeting and a series of other valuable user actions, or by watching ads.
Publish quality NFT video works, so that a wider audience can watch them and receive a proportion of the associated advertising revenue generated by the work. You can also get petal reward from other viewers.

Distributed content storage and each new server node added, need to update complete operational logic in real time, plus a part of the dynamically maintained video content and video information.

Design open source algorithms to establish credit evaluation systems for content producers and advertisers; design open and transparent video audit algorithms, video recommendation algorithms, advertising strategies and bidding algorithms. Adopted algorithm providers will be rewarded with Petals.

Advertisers
Buy Petals and make bids, and the highest bid gets the opportunity to display ads; advertising agents are subject to a strict credit system assessment and spontaneously complete part of the early review of advertisement content.

DAO built by all participants: adjust the reward distribution in the whole ecology by holding Petals and voting; upgrade the credit evaluation system in the whole ecology by holding Petals and voting; select the recommendation algorithm, audit algorithm and advertising system algorithm by holding Petals and voting.

 

Petals Roadmap

  • Phase 1

  • • Petals App product goes live with hundreds of videos.
    • Content consumers could gain token rewards by viewing the videos.
    • Content consumers could like, subscribe, and share the videos in Petals App.
  • Phase 2

  • • Petals App product goes live with hundreds of videos.
    • Content consumers could gain token rewards by viewing the videos.
    • Content consumers could like, subscribe, and share the videos in Petals App.
  • Phase 3

  • • Ads auction system is online, advertisers get token rewards instead of fiat currency.
    • Open source the default algorithm, improve data transparency and user privacy.
    • Anyone can provide algorithm based on Petals platform. And algorithm providers get token rewards proportion to their usage in Petals platform.
  • Phase 4

  • • Build Petals own App chain, improve user experiences and fees greatly.
    • All videos store in decentralized storage network. Validators are both network and storage keepers in exchange for token rewards.
    • Petals platform run fully decentralized, and organization works as DAO.

Petals Last News

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