I've seen PO.ET on Binance for months now and haven't really paid much attention until now. Looking into it, it is definitely a solid project with real use case. PO.ET stands for Proof of Existence (Didn't know that either)... thought it was about poetry.
Po.et is a decentralized digital content authentication and certification platform that uses the bitcoin blockchain. It provides time stamped and time licensed evidence of digital content ownership.
Digital content creators will be able to use blockchain technology to protect their content and claim ownership. Content creators can store their work on the platform, and publishers can search for and purchase content on it too using the POE token.
The POE token will also be staked by content creators when they submit content to the platform. The token is also staked by publishers and is used to resolve disputes.
The POE token is trading at 184 satoshis on Binance at the time of writing this post. It recently bottomed at 106 satoshis and has since been rising as the project heads towards main net phase.
I personally think that the project has long term potential, and that the current cost of the POE token is highly attractive for long term believers of the project. The demand of the token will increase as the content creators and publishers start using the platform. I believe that , using blockchain to prove content ownership is likely to become common practice.
