Po.et reclaims value for content creators, publishers and consumers
Own Your Content
Generate immutable and timestamped titles for your creative works and register your assets to the Po.et network. Because it is decentralized and secured by the blockchain, the metadata attribution remains safe, verifiable and immutable.
Create and Issue Licenses
Po.et uses cryptography to give both publishers and content creators the tools to automate the licensing process without relying on any third parties. Choose from a preexisting license or create your own terms and automate the payments, transfer and issuance of licenses.
An Open Network
Providing an open network in a space that had always been controlled by third parties, Po.et builds a bridge between creators and publishers. Discover new content or verify authenticity, authorized through a truly transparent system of attribution.
How Po.et will change the way you license your digital content
PublishersGenerate immutable ownership certificates and improve internal discoverability of digital creative assets. Seamlessly interact with a network of freelance content creators to significantly reduce friction in the publishing process.
Journalists Make your content discoverable with transparent licensing terms to a global network of publishers. Upload the definitive version of your work and update it in real time with the metadata hash.
Content Creators Access a database of published and unpublished content to curate and license automatically. Discover metadata and originating information about digital assets and ensure authorized use and proper attribution.
- Aims to create the most institutional, globally-verifiable record of digital media assets - A platform which simplifies the process for publishing, licensing and authentication of digital assets - Enables value and trust to flow within the publishing and digital media industry between publisher, editor and content creator - Proof of Existence, demonstrating data ownership without revealing actual data, document timestamping and validating document integrity
Proof of existence created
Poet idea formed and iterated upon
Prototype development begins, hiring
Alpha launch with foundation partners
Beta trial with addi
Token sale announcement
Pre-sale funding round
Public launch for publishers
Token sale begins
Attention. There is a risk that unverified members are not actually members of the team
$15 370 280
$35 000 000
$56 457 071
$249 871 726
Opportunities:If Po.et is able to be successful on the licensing front, it can potentially generate a lot of revenues. It is estimated that the intellectual property licensing industry generates $43 billion of revenue a year.The services that Po.et provides, such as proof of existence and licensing, benefit from the blockchain technology.Po.et has received at least $1 million from traditional investors. This means that it has already passed the due diligence by those investors.The utility of POE is straightforward – the more revenue Po.et generates, the more valuable the tokens are.- Po.et has shown good traction – it has already secured partnership with some of the biggest cryptocurrency publishers.$10 million hard cap is relatively low, meaning that it has a good chance that hard cap will be reached.
Concerns:Even though no competitor is aiming to solve the same problems as Po.et, some companies may enter into the same space as Po.et if the industry is proved to be lucrative.POE is most likely going to be considered as securities as SEC, so it may impact future liquidity if other regulators follow suit.
Conclusion:Overall, I like this ICO, both for its short-term as well as its long-term potential. It looks to me that the team knows what they are doing, and the project is showing great traction by partnering with some prominent media companies in the blockchain space.Our thoughts of the tokens for short term and long term are as follows:For short-term holding:Good. With Po.et’s progress and team, it shouldn’t be difficult for the project to reach hard cap. However, it is difficult to predict with certainty given recent market environment.For long-term holding:Good. While certain services such as article timestamp are already being done by competitors, Po.et’s focus on catering to publishers and content creators gives it an advantage. The project’s progress to date also demonstrates the execution ability of the team.
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