PO.ET: A potential Giant.
The advent of the internet brought with it a host of benefits and a considerable number of problems but one of the more tricky issues that has arisen in the creative culture bucket that is the internet is the issue of content licencing. Plagiarism, re-posts and lazy reaction videos reign supreme in this anarchistic wasteland, snatching up valuable content and blatantly displaying it as their own or mutilating it just enough for it to be passable as their own "work" for financial gain.
Unacceptable, if only there were a company out there working to prevent such thievery from taking place, if only there were a coin out there with the potential to fix youtubes copyright ownership issues as well as the problems music producers face online and so on and so forth, oh wait, now there is.....
What is POE?
Basically POE is a platform based on the blockchain that seeks to eradicate or at least ease up on the amount of plagiarism taking place on the internet via allowing content creators to track ownership and attribution for digital creative assets as well as aiming to be a universal distributed ledger for all digital assets eg. text, photos and videos.
It seeks to do this through blockchain timestamping. The first non financial blockchain application sounds like it has a lot of potential but why
Who are the team and investors behind POE?
The main team behind POE is comprised of eight individuals, some of their achievements include working for apple, selling a startup to yahoo and a few others too but my main interest is in the people who have been backing the POE project.
Some notable figures include Bo Shen from Fenbushi Capital, Anthony Di Lorio, Co-founder of ethereum and CEO/founder of Jaxx wallet as well as David Bailey of BTC Inc and of course in a wise move several large digital media publications such as The Merkle, Coinspeaker, Crypto Insider, and ChainB.
POE's development
Po.et is now currently worth 0.0337$ as i'm currently writing this, which is fantastic news if you're looking to get on board with it early and truly reap the potential rewards this ICO has to offer. Now, if you're wondering "But Owen how do you have such faith in POE?" I'd have to say it's that after 100 days POE is up 1,562.81% from $0.008209. It traded at $0.00 (non existent) 200 days ago as well as the fact that it hasn't even begun to undergo a proper advertising campaign yet it's already listed on Binnance, Kucoin and HitBTC, some of the worlds largest crypto trading platforms.
The coin market took a rather large hit in recent times and as always many panicked investors bailed out on the coins they held but POE held rather steadfast retaining a large amount amount of it's investors that hopped on during the December/January Bull run giving me hope that the large whale investors see the true utility of this token and its capabilities.
So if you're in the market for a potential X1000 ICO (And lets face it, if you're reading this on steemit then you're interested) then go ahead, investigate POE and see if it tickles your fancy.
All the best
Owen O'Malley