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What is Primas ?
Next Generation Ecosystem for Valuable Content
Primas is an open ecosystem for the filtering and recommendation of high quality content. Primas team is committed to using blockchain and other technologies to restructure the content market, so as to solve the problem in which quality content are hardly recognized, disseminated and paid for. Decentralized content sourcing and recommendation mechanism brings quality content to users; a brand-new content evaluation system ensures direct benefits to the producers of quality content; tamper-proof property of the blockchain provides copyright protection for original writers; and decentralized data management offers better protection for users privacy.
The Use of PST Token
One of the circles for value flow in Primas is community incentive. In our design, PST is an inflationary system, in which certain proportion of additional PSTs will be issued annually. The inflation rate will decrease every year until zero. All these additional PSTs will be included into an incentive pool to be used for rewarding quality content, quality groups, quality recommendations and marking of reproduction.
Another circle for value flow in Primas is the payment required for transactions, such as paid reprinting, the like function or other payment requirements to be introduced in the future. For all the payment requirements, PST is need.
51 percent will go to the community at ICO stage, to be used for Primas development, operation, marketing and fund management.
20 percent will go to the founding team, early-stage investors and development team as compensation for their endeavors, resources and technology support.
20 percent will be set aside as reserve, which will be used by the Decision-making Committee as incentive for ecosystem building.
9 percent will be used for academic research, education, promotion and legal issues, so as to finance academic research on Primas and educational materials for developers.
For more details please refer to Primas Official Website