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VOCO Token is a utility token based on ERC223 (compatible with ERC20) for users to trade in the operation of PROVOCO platform. VOCO tokens are mainly used for challenges. The second is as a reward for daily social activities, such as posting content, likes, voting and other operations.
Get Fun and New Experiences
Challenge or challenge yourself, mess with your friends or anyone in public. Provoco will provide new experiences and new habits, such as adventure, travel, sports, learning, diet, health and more, which are things that you enjoy and benefit from.
Create a global charity event
Challenging the virus to raise funds and provide opportunities to contribute to a better world is one of Provoco's many goals. Make sure participants pay mandatory, and these viral challenges will raise more money than any other avenue.
Get rewarded with money and prizes
Earn money from challenges, achievements or any daily activity. Rewards paid by commercial companies or other participants in VOCO tokens, any cryptocurrency, fiat currency or various in-kind rewards.
Share your experiences
Take micro-challenges to progress, capture daily live videos of various micro-achievements and share them with friends via direct message, circles or your own public stories . Be part of this vast new social network where people can interact and share everyday life through challenging perspectives.
System
Users will receive a personal reputation rating based on the historical fairness of their previous activity. Using an anonymization algorithm, social profile data will be recorded on the Ethereum blockchain as a hash signature to ensure that all user statistics and history are trustworthy, private, verifiable or destroyable on demand.
Payment Guaranteed
Every payment made using our Provoco system is guaranteed. Thanks to blockchain, all information is stored securely and your transactions are instant. Our system is well designed to make transactions instantly and always pay you for completing challenges.
Distributed Application
PROVOCO uses blockchain technology for the most critical and trustworthy operations. Here's how it works: Smart contracts are generated by the PROVOCO backend oracle module and sent to the Ethereum Virtual Machine (EVM) to execute predefined lines of code, which then start acting as a decentralized application (DApp). Such applications work exactly as programmed and under no circumstances will there be any chance of fraud, censorship or third-party interference.
Utility Token of Value
PROVOCO uses the ERC223 (ERC20 compatible) based VOCO token. VOCO is a utility token used to exchange between users for active actions in the social challenge network. The main use of VOCO tokens are challenges. Secondary use is rewards for everyday social activities such as posting content, liking, voting and other actions.
Ethereum Smart Contract
The agreement between the challenge creator and the challenge executor is saved to the blockchain in a smart contract, ensuring payment and other obligations are fulfilled. Challenge creation, acceptance and completion, as well as community vote reporting, VOCO token payments and all other important activities will be written to the blockchain.
Community Poll
We love our community and we know they know and understand the details of the challenge better than anyone else. That's why we offer everyone to win prizes - every month any user can vote on their favorite challenge and at the end of the month that user will be rewarded.