Plebbit PLEB
PLEB
0.00000256
$
4.33 %
Change 24h
Market Cap
$ 3,821,803
Volume 24h
$ 18.43
Circulating Supply
1,494,065,210,288
PLEB
$
# | Exchange | Pair | Price | Volume 24h |
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Description
What is the project about
PLEB is the official token of Plebbit. It was created in January 2022 and originally ran on Avalanche Network, but after a Snapshot Proposal passed, the token was migrated to Ethereum.
What makes your project unique?
WHY DOES A DECENTRALIZED SOCIAL MEDIA PLATFORM NEED A TOKEN?
The base protocol doesn't require tokens to function (which allows non-crypto holders to use it), but tokens can be used for any number of optional things:
Utilize names.eth (ENS, which are NFTs) to represent a user/subplebbit name
Use NFT images as User Avatars (only NFTs can be used as Avatars)
Use any token or NFT of the subplebbit owner's choice as a way to vote, curate, reward, tip or incentivize
Use any token or NFT of the subplebbit owners' choice as spam protection. Instead of using captchas, a subplebbit's could require users to own, stake, burn or pay a certain amount of the subplebbit's chosen token in order to post/upvote
History of your project.
SO IF ANY TOKEN CAN BE USED, WHY DOES PLEB EXIST?
Holding PLEB will grant you membership to a DAO where you can vote on certain decisions, like grants, investments, curating whitelisted NFT collections and submitting PLEB proposals on https://snapshot.org/#/plebbit.eth/