PRIVI PROTOCOL : AN ECOSYSTEM FOR DECENTRALIZED SOCIAL NETWORK FINANCE

in #defi3 years ago

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OVERVIEW

Hello everyone, please read through this article to have an insight of a decentralized social finance network called Privi Protocol. This protocol is designed to create an ecosystem of social financing. The prospective of this ecosystem lies on the trustless and immutable Blockchain technology. The blockchain technology since inception has evolved from simple crypted cryptocurrency to a store and transfer of data. This has helped lots of industries to key into blockchain technology, it has also shown potentials in the use of social networking. So, Privi Protocol is capitalising on this to build a platform where individuals can create, share and invest their content.

Privi Protocol a hybrid blockchain system is built on on the ethereum network and designed to make social interfacing gainful and engaging. The world of decentralisation is fast growing and globalization is increasing people now create loads of content and post on the internet (Thanks to internet it makes globalisation easier). Interestingly, in 2020 we observed a huge surge in decentralised finance where from the comfort of your home you will be involved with a non-contemporary form of banking that will benefit you. Similarly, Privi Protocol is designed in such a model to make it easy for content creators to be part of an ecosystem that will be easy to use any where you are in the world. With Privi Protocol you have the right to your information and data, there won’t be middle men that will deprive real creator’s their full financial benefit thanks to the trustless blockcahin technology.

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PRIVI PROTOCOL THE FUTURE WEB3. 0

With Privi Protocol we have entered the Web 3.0 where internet, social interaction and finance meets. The Privi ecosystem will make it easy for decentralized participation in the system to create and tokenise what ever uses want. These contents includes lifestyle streaming, Non fungible token (NFT), Initial Coin Offering (even if users do not have a single knowledge of token creation, the Privi Protocol developers will make it happen), also to add is Insurance and credits.

Privi Protocol goes far beyond your average crypto platform, it is a full scale platform built for everyone. It explores variety of dApp all built on the technology of the Privi network.

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FEATURES OF THE PRIVI PROTOCOL NETWORK

Pod

A special feature on this platform is the Pod. It ensures that assets or potential asset can be tokenized without any special skill. This pod can be insured, shared and traded with ease. This Pod can also generate NFT (non-fungiable token).

PRIVI native Coins

Privi creates an all inclusive community by allowing users own the Privi coin for governance and community voting. Aside, the Privi coin is the Privi Data token (pData) this will be used by advertisers and marketers to pay content creators. Another, token is the pInsurance (pINs), it allows users to stake pINs in governance tab and to vote for insurance protocol to influence the digital claim court where disput between takers and makers are made. Also, users influence or trust ratio can also be recorded on the platform and users with most points are deemed to have higher trust than others.

Liquidity Pool

Privi Protocol has a next generation liquidity pool where Pods, token and NFTs can be swapped to other cryptocurrencies.

CONCLUSION
Privi Protocol has come to Tokenizer your life style, experience and ingenuity. Do not miss opportunity to be part of this ecosystem

Website : https://priviprotocol.io/
Twitter: https://twitter.com/priviprotocol
Linkedin: https://www.linkedin.com/company/privi-protocol/
Telegram : https://t.me/protocolprivi
Instagram : https://www.instagram.com/priviprotocol/
Whitepaper: https://priviprotocol.io/whitepaper

Creator
0X - Barth5

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