Popcoin was launched as a ready-to-use utility token that can be redeemed immediately after issuance and distribution. Popcoin is created and managed by 4th Apple, a subsidiary of RS Public Company Limited (Thailand).
4th Apple initiated the idea of creating Popcoin to integrate and create new experiences and rewards for content creators (supply) and a new generation of consumers (demand) by applying blockchain technology and digital assets to the entertainment content industry.
Popcoin holders can exercise redemption rights through a comprehensive content platform under the name of Popcoin Application, immediately going through the redemption process to redeem Popcoin to access various entertainment content (ie goods and services) as defined by the content provider. Will operate through a system created and managed by 4th Apple.
The Popcoin system will be the solution to a key pain point for all entertainment content stakeholders, including content sponsors, content creators, and content consumers. In addition, Popcoin will unlock and strengthen the ability to create new markets and maximize the value added to the creation and distribution of content. Popcoin will transform and integrate physical entertainment content into digital assets through new technologies.
With all these fundamentals, Popcoin is the fourth solution Apple wants to introduce. Popcoin is launched in the form of "Digital Utility Token" based on Block[1]chain / Smart Contract technology and digital asset token economics mechanism, it is acceptable under the Thai legal program, and its key task is to solve pain points and unlocking restrictions for all stakeholders who wish to create a "network effect" for the entire entertainment content industry.