Proof Of Fan (POF) is a token designed to reward creators and collectors of music products on and off the Songcards platform.
Its first utility is an on-platform reward system. Collectors earn POF when they buy Songcards and the creators of them earn POF at the same time.
Its second utility will be for trading Songcards on the upcoming Songcards marketplace.
Songcards that sell out on the main platform will get minted and listed for trading. Here creators of Songcards will earn on every trade.
This unlocks a second revenue stream after their Songcards have entered the secondary market.