Phlote’s reward system is designed to transform curatorial work into financial value that’s transmitted to the community through $PV1 tokens.
The goals of the reward system are to:
The Phlote economy is underpinned by a unique social token ($PV1). View here.
One million $PV1 tokens have been minted for distribution through the curation protocol to curators and artists who actively share music on phlote.xyz.
There are two paths to earning Phlote tokens.
How Phlote.xyz works (for curators):
Anyone can submit music links of their favorite music from any platform
$PV1 token holders cosign submissions they like
$PV1 tokens are distributed to the submitting curator for each cosign received
New members are invited to the DAO once they receive 1 cosign on any submission
Artists are able to share music files on the site. Unlike curator submissions, artist submissions that receive 5 cosigns are automatically launched as NFTs on Ethereum and Polygon with mint fees paid by Phlote.
How it works (for artists):