Platforms Whitepaper
Platforms Cross-Chain System
The Platforms Team will be establishing a network of social blockchains. This system will allow us to grow our pool of funds at an exponential rate and will allow us to grow our reach of influence. The multiple Platforms accounts will post the same posts universally. Posting universally will allow us to raise more funds per post and further grow communities and projects. The Platforms Team will raise stakes across these different social blockchains, which will be used to back our cross-chain reward token.
Bucket System
Platforms employs a dynamic system for project promotion, community building, and other initiatives. Contributors pick up tasks ("buckets") and then are rewarded with tokens. Current buckets include writing, graphic design, coding, and other heartfelt projects of choice. Contributors are rewarded with either two forms of tokens, either the Platforms Reward Token or the different Platform Units.
Platforms Reward Token
The Platforms Team directly issues its own PLATFORMS token. It is backed by multiple blockchains (social and otherwise). Stake growth is aggressively pursued through partnerships with other communities and projects. Our team leverages active bloggers and diversified, long-term cryptocurrency investments.
Platform Units
In support of our mainstream PLATFORMS tokens, we are developing Platform Units (PUs). PUs represent a revolutionary new way to promote quality content, creators, inspired projects, and exciting ventures like local community engagement/meetups. The PU system utilizes varying denominations, which allows the Platforms Team to distribute tokens freely to various communities and projects without concern over diluting the value of any given token. The Platforms Team will hold scheduled airdrops of various tokens given to the Platforms Team onto PU holders. These scheduled airdrops will consist of 50% of the total tokens given to the Platforms Team. The remaining 50% share is slated for re-investment into Platforms growth and development. One of the primary initial growth strategies is cross-social-chain presence and promotion.
The PU dynamic is a follows:
- Minnow Units: general purpose sub-token for content creation, active accounts, and much more. Holders are distributed 20% of the airdropped tokens.
- Dolphin Units: award tokens distributed regularly for special contributions within the Platform Community. More information will be made available following the release of MUs. Holders are distributed 30% of the airdropped tokens
- Whale Units: highly regarded reward tokens for Platforms Influencers who have gained community recognition. Please inquire further about Whale Units once you have been accepted into the Platforms Community. Holders are distributed 50% of the airdropped tokens.
Credits
- MachnBirdSparro - Writing and Editing
- Jglake - Writing and Editing
- SteemitQA - Writing and Editing
- EcoInstant - Editing
- PrinsJ - Editing
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