Po.et is a shared, open, universal ledger designed to record metadata and ownership information for digital creative assets. Po.et is a continuation of Proof of Existence, the first non-financial application of the blockchain. By creating an open platform on the Bitcoin blockchain, Po.et aims to create the most institutional, globally-verifiable record of digital media assets. This record will be a framework for building smart, interoperable media applications using a shared, standard and extensible metadata format.
In the same way that blockchain technologies have revolutionized the financial industry by creating immutable and distributed accounting ledgers serving as a platform for financial applications, Po.et will transform the publishing industry by creating an immutable and distributed ledger for creative works that may serve as a platform for both centralized and decentralized media applications.
Why is the price rising suddenly you may ask!
Well it has been oversold for the last few days and the followers of the coin have started a hype campaign to hype it up for the product release that its expected to come out by Q1 2018 and being the cheapest coin on binance until a few days ago, a lot of people decided to pick it up.