Pollchain Token Usage

POLL is the currency of the Pollchain service and can be acquired through purchases through exchanges and the PoP (Proof of POLL) algorithm below. Participants can use the acquired POLL to propose votes, purchase advertising products, and purchase marketplace NFTs.

POLL rewards through the PoP algorithm

1. Voting and survey proposal rewards: In the Pollchain service, the voter and survey proposer receives a fixed reward when other users participate in the vote proposed by the proposer. The more voter participants participate, the more rewards they can receive in proportion to the number of participants.

2. Voting participation rewards: Voters receive rewards by participating in the vote. The rewards allocated to each vote vary depending on the type of vote, timing, and advertisement type, and the number of POLL rewards corresponding to the vote is announced at the time of participation.

3. Advertising rewards: Pollchain users can receive additional advertising rewards for participating in the advertiser's campaign. For example, if an advertiser likes the content of a survey, they can provide the survey in the form of sponsorship to provide additional rewards to the survey proposer and survey participant. Advertisers who purchased Pollchain advertising products currently include exchanges (Korbit) and various global blockchain projects, and reports on use cases and sales have been disclosed through Xangle.