Plebbit
PLEB

0.00000722
$
0.45 %
Change 24h
Market Cap
$ 10,784,593
Volume 24h
$ 758.46
Circulating Supply
1,494,065,210,288
PLEB
$
# Exchange Pair Price Volume 24h

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/
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