On the Provovo social network, every member can create and take challenges. High quality, entertaining and interesting challenge related video content will be accessible for every portal visitor. Here we will integrate traditional social network features and the advantages of video platforms. The ability to search and review attractive content as well as opportunities for earning revenue will encourage members to become active within our ecosystem.
VOCO token supply will be limited and governed by the VOCO Fund, which will release them in an official Initial Coin Offering (ICO) event. It will be distributed exclusively through PROVOCO platform, which also be the first commercial product for the token use. VOCO Fund will be responsible for the management and administration of collected fund distribution to the PROVOCO project and searching for and granting future projects who will wish to join the VOCO Ecosystem.
Tasks will also include blockchain research and deployment, charity partnerships, continuous charity relief support, token smart contracts development, usability, and ecosystem sustainability maintenance tasks. PROVOCO will follow an economy-driven action plan, pursuing PROVOCO application feature development and promoting and incentivizing content creators and socially active users to join the PROVOCO ecosystem to achieve a user-engaging environment.
Our optimized Smart Contract Deployment module for VOCO tokens will create and write all in-App user contracts onto the Ethereum blockchain network in tandem with involved lot of VOCO tokens, in form of ERC-223 Smart Contract, which will be executed within the Ethereum Virtual Machine (EVM) environment according to predefined rules of logic.