The PROD ecosystem is the platform’s user-generated data-driven ecosystem, which uses your My Data as its primary source and expands as more users use PRODs. Part of PROD is to encourage community growth and utilize it to add new businesses to the PROD network, developing a wide range of products and services across a much larger network.

There are already many different services and reward and benefit systems on the market, and almost all service providers use reward systems (platforms, etc.) to gain loyal customers, and users want to be able to enjoy a variety of rewards and benefits in one place after using services on each channel.

That’s why we want more platforms to join the PROD ecosystem so that users can enjoy various rewards and benefits in one ecosystem.

1) Acquire users in the PROD ecosystem – Platform service providers can utilize PRODs to create services, products, etc. and engage users.

2) Reduce operating costs with PRODs – Service providers can utilize PRODs to reduce various costs such as fees, marketing costs, and opportunity costs.

3) Rewards for activating the PROD ecosystem – As the number of platform users increases and the use of PRODs grows, benefits or rewards for contributions are possible.

Platform tokens have not received much attention in domestic cryptocurrency.

The reason is that the basic token economy system, where tokens are rewarded and used for services, does not work well.

People used to use tokens for investment or profit, not for services, but blockchain technology is essential in the data field.

Blockchain technology enables PRODs to maintain the value of user data, protect personal data, and reduce the fees involved in moving value.

In addition, the transparency that blockchain transactions ensure gives users confidence in fairness.

PROD Point Token is a virtual financial asset issued by PRODAO and does not guarantee its value as a legal currency of each country. It does not guarantee the value of each country’s legal currency and can be utilized for user convenience on the platform and metaverse, not for investment purposes.

The most representative methods are as follows

1.Users will be rewarded for achieving the goals proposed by the platform service provider.
2.Rewarded PRODs can be exchanged for other platform services and products.
3.Users get access to premium services that are only available on the PROD platform service.
4.Platform service providers can provide services and store PROD to acquire new users.
5.Both users and service providers can participate in the development of new platform services and receive rewards.
6.Users can hold and use Point Tokens.
7.They can be traded and rewarded by providing mutually accumulated expert mydata.