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Co-creation: PlayMarket aspires to be the Nasdaq of Google Apps

There's only one thing more exciting than a new app in the Google Play Store – and it's an opportunity to invest in new apps. PlayMarket aspires to be the Nasdaq of Google apps.

When an application developer launches a Google application on the DAO platform PlayMarket 2.0, he can also issue his own tokens to PlayMarket investors. The PlayMarket operates as an index fund because investors are rewarded for the performance of all applications in the market in the form of dividends (lower). An important difference is that investors can participate directly in the success of their investment in applications by promoting applications. For example, through app evaluations and social media channels, users / investors can contribute to the growth of the PlayMarket and, in turn, their own financial success

Launch of the 39, integrated application and platform ICO

developers, PlayMarket serves as a one-stop shop for the application and launch of ICO. Developers have access to user-friendly application development and promotion tools. The Smart Contracts Source Code, PlayMarket 2.0, the DAO PlayMarket 2.0 Mobile App and PlayCOket ICO will be available on the Web site

The Integrated ICO Platform Enables Developers to Distribute Their Tokens Current time. Investors of the PlayMarket Fund. Once alive, PlayMarket helps developers market and improve their apps. This includes a feedback system between developers and users. An integrated crypto exchange (PEX) allows token holders to exchange tokens and exchange them for fiat and crypto currencies. All these services are provided to developers for a commission of 1% against the 30% collected by Google Play.

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A model for the sharing economy

In the latest imbibation of the sharing economy in a Blockchain model, PlayMarket puts a limit on the rise in sales of 39; applications. Developers will collect revenue from the sale of applications and content for a fixed period – the duration of the smart contract. The intelligent contract immediately distributes any income from a sale to all owners

But remember that investors still hold tokens and earn dividends throughout the PlayMarket. This encourages developers to continue to take action such as promoting that benefits the entire PlayMarket rather than their sole individual benefit. It also encourages developers to invent new applications and upgrades to generate new revenue streams. This means that a developer would no longer earn income for life on, say, an app like Angry Birds.

Token and Dividend Value

More people join the PlayMarket and use the chips, The value of the chips could increase, allowing investors to benefit from the appreciation. Tokens can also allow users to purchase additional applications or updates and to act in applications.

DAO Playmarket is one of the few ICO payers – an emerging model of the ICO – offering permanent income. Dividends are funded from a 5% sales commission paid by developers to the PlayMarket Foundation when they issue tokens on their applications. The dividend model decentralizes risk. The dividend would be paid based on the success of the entire PlayMarket app community. If an app has bad sales or leaves the market, investors in the PlayMarket Fund still receive a dividend.

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Decentralization of Application Authority

Decentralization of the application market means that no central authority will control this Applications are listed and successful in PlayMarket. In this way, PlayMarket creates its own success. The higher authorities of Google Play or IOS App Store do not determine which apps are available on the App Store. On IOS platforms, applications that compete directly with proprietary IOS software are often missing. The uncensored applications markets should trigger unbridled innovation and more innovative applications launched on the PlayMarket, and therefore more traffic and use on the part of enthusiasts.

Transaction and application management will be managed by node owners. The PlayMarket will increase as more and more users join the platform. To add a trusted node, the node owner makes a security deposit on reliable operation in the base currency of the platform and a fixed number of PMT tokens under the smart contract. The amount of the deposit is based on the renewal of the node. The owners of nodes are rewarded by receiving a percentage of the business turnover, an incentive to ensure the proper functioning of a node.

DAO PlayMarket 2.0 Token Sale

The PlayMarket Tokens (PMT) will be distributed in November. and PMT listed on external stock exchanges in the first half of 2018. Five hundred applications will be available on the launch date. The DAO PlayOrket will go online in June 2018. In May 2019, PlayMarket plans to host 300,000 apps with 10 million users / investors invested in 30,000 tokens.

The initial offer of currencies opened on November 8 with three million tokens will be available for sale. As stated, PlayMarket shareholders will have the opportunity to invest in newly launched application tokens through the ICO crowdfunding platform.

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As a newly authorized app investors on DAO PlayMarket, the next time users leave a rating or review on apps in the PlayMarket, they could increase the value of their apps. investment in PlayMarket.

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