POPKON is a blockchain-based decentralized live-streaming platform with L2E (Livestreaming to earn) and SocialFi (NFT + Staking) elements. It is deployed on Polygon Network. Viewers can donate Cola items purchased by $POPK to live-streaming creators as an incentive for their content while receiving token rewards from watching live-streaming.
POPKON aims to overcome the problems and limitations of the existing live-streaming industry by using blockchain technology, such as the problem of the purchasing limitation within the centralized platform, the monopoly problem, the problem of closed economic mechanism, etc.
About $POPK
$POPK is the utility token of POPKON. According to POPKON's disclosure, $POPK was based on the Ethereum network and will be completely swapped to the Polygon network by Dec 2022. The token vesting will start in Jan 2023.
$POPK can be used to purchase donation items (to support live-streaming on the platform) or as a reward in the POPKON ecosystem. According to the disclosure of POPKON, $POPK is going to add a staking function and a governance function in the future.
Users can stake $POPK tokens into the staking pool for earning yields and proportional rewards. After the DAO is initiated, $POPK holders will have voting rights to the on-chain decision-making process and return with rewards.