AMA Session with Valerian Bennett from POP Network (POP)
Guest: Valerian Bennett, Managing Director of POP Network
Host: Iris of MXC Exchange
Iris: Today, we’re honored to have Valerian Bennett, Managing Director of POP Network, to our community to give us a more intuitive introduction to their unique project.
Valerian, welcome. Would you like to say hello and introduce yourself?
Valerian: I am Valerian Bennett, Managing Director of POP Network.
POP Network is decentralized infrastructure for the Creator Economy. Imagine if Theta and Filecoin had a baby. That’s POP Network!
Ever since I moved from my hometown in the heart of Silicon Valley to study cinema at the prestigious film school at University of Southern California in Los Angeles, my career was destined to live at the intersection of media and technology. For two decades, I worked in the heart of Hollywood for global titans like Disney, NBCUniversal, and Viacom.
Everything changed when I bought my first bitcoin in 2013.
I immediately saw the transformative power of blockchain technology. The seeds of what would become POP Network were planted.
Questions about the project
Iris: What is POP Network? Can you share with us more in detail?
Valerian: Let’s dive deeper into the idea of Decentralized Infrastructure for the Creator Economy 🙂
The internet has evolved into a giant streaming media platform. Coming into 2020, the $320 billion streaming market was already expected to account for 82% of all internet traffic. Now, with so many people forced to stay at home, those numbers are growing exponentially bigger at lightning speed…
We all know the Internet is broken. Too much power is concentrated into too few hands. Massive centralized corporations like Google, Facebook, and Amazon control pretty much everything. Because of that, they practically print billions of dollars every year simply sharing the media that you create…
POP Network is changing this.
We are working to make YouTube, Netflix, and Spotify obsolete by turning creators, their communities, and crypto believers into owner-operators of the network.
Iris: What triggers you to launch POP Network? What are some of the real-world problems/ pain points that POP Network aims to solve?
Valerian: Excellent question. Our goal is higher-quality content, better economics, and greater freedom for all…
Our first task is to deploy our decentralized content distribution network. These Masternodes are available now for Mac, PC, and Linux. Masternodes earn 35% of all block rewards. This is the backbone of our decentralized content distribution network…think of it as a mashup between Filecoin and Theta. That opens the door to really giving the Community ownership of the Internet. You are in control again!
Iris: What are some of the challenges that POP Network currently face? How do you aim to solve them?
Valerian: Building a crypto project is hard that helps real people solve real problems is hard. The team at POP has been so focused on development for so long and now we are so happy to share what we have been building with everyone…
The above-mentioned POP Network Masternode leverages the largest peer-to-peer network in the world, with over 90 million active users, to let anyone embed decentralized streaming video on their website through simple drag-and-drop, copy-and-paste functionality. Even better, if you can run a torrent client then you can run a POP Masternode. No expensive hardware! This is truly a platform for everyone…
You can see a live demo of the technology on our own site -https://thepopnetwork.org/#demo
Many more developments and partnerships are in the pipeline. Now, our job is to tell the world about what we’ve built, where we are going, and continue to expand the economy around POP by getting added to great exchanges like MXC 🤗
Iris: Are there any exciting news or updates with regards to POP Network that you would like to share with the users?
Valerian: The last few days have been very exciting. Our pre-listing sale sold out in a matter of hours 🤩
And, with the MXC deposit and trading competition, we are tapping into a great community that will surely boost awareness of the POP Network Token ($POP).
Our Masternode goes to mainnet at the end of June, which is a massive milestone in our development roadmap. Between now and then, I can guarantee a few more surprises too 😉
Iris: Yes, you can check out the details info regarding the competition here:
Iris: If you were to summarize your project in 1 word, what would it be? Why?
Valerian: Wonderful question, Iris. This gets to the core value of the project:
Most people don’t realize that the internet has evolved into a giant streaming media platform. Over 80% of all internet traffic is streaming! But, still, only a handful of companies control the power and profits. That is not fair to Creators and their Communities.
To them, blockchain is a threat. For us, blockchain is a once-in-a-generation opportunity to take back control and be the ones to profit rather than just be their product. POP Network is the beginning of a truly decentralized future.
Let’s go POP Stars! 🤩🤩🤩
Q1. What really MOTIVATED you to bring such a great PROJECT into existence?
Valerian: My background working in Hollywood is really the motivation for the project. I worked as a television editor for long time. I used to edit music videos for 50 Cent and Lil Wayne and also worked for MTV and big movie studios 😎
I built POP Network to solve my own problems. It is important for Creators and Communities to stay connected. We need to cut out the middlemen so everyone can be together. POP is off to a great start and our future is very bright!
Q2: Can you please describe your $POP token project staking system? Can I stake your token Now?
Valerian: Great question! Our staking system is a real difference maker for the project.
Staking on POP Network runs through the POP Masternode. So to earn more POP, you stake with the peer-to-peer media distribution node. It’s like DeFi meets torrenting. You earn while making the network stronger. Best of both worlds!
Q3: How important is the community to you? How can we collaborate or help you for the development of the project?
Valerian: Great community is the most critical part of a successful project.
As a project we do things like press releases, ads, and all the other standard marketing activity. But nothing is better than word-of-mouth.
So, please, DYOR at our official site (https://thepopnetwork.org) and if you believe in our mission to build the decentralized web together then please join us. We’ve got a very welcoming Telegram group (https://t.me/popnetwork) and we hope to see you all there soon!
MXC trading: https://t.me/MXCtrade