Pibble is a blockchain-based monetized image ecosystem. A decentralized image market is developed through the cryptocurrency PIBBLE. The PIBBLE project aims to challenge the current situation under which users don’t identify that the images they upload on social media can be a great asset to them.
In today’s world, which is created through ongoing social media activities, most people share their viewpoints with others via pictures and gifs rather than speech or words. PIBBLE project started with such popular images wherein image creators and consumers are brought together, and this cryptocurrency compensates them for their work.
Additionally, the PIBBLE project handles images that are not only stock images and includes various images such as cartoons, characters, illustrations, graphics, pictures of entertainers, and video stills. PIBBLE project offers rightful rewards to the creators for their work through building a blockchain-based image ecosystem.
PIBBLE Project’s services utilize blockchain technology and an image tracking system to limit the image’s unauthorized use and to let users send images consensually. These methods allow the PIBBLE project to develop into a blockchain-based image ecosystem that merges the social media market, image market, and user bases.
The PIBBLE ecosystem overcomes problems of a centralized social media platform and creates the following ecosystem:
• Reward system for social value
• Crowdfunding using cryptocurrency
• Blockchain-based P2P commerce
• Reward for content curation
• P2P marketing system between social participants
• Marketplace expansion for experts
Furthermore, Brush and PIB tokens are the currencies used within the PIBBLE platform. The PIB token is used within the ecosystem for transactions between participants, payment methods, and funding.