There are so many creative people with limited opportunities to break through and be discovered. Up-and-coming painters, photographers, musicians, tik-tok’ers and other content creators don’t have the free time, money, or access to opportunities to make a career out of their creative passion.
Introducing the Apollo Token, a new cryptocurrency designed to build communities that help aspiring artists and content creators get the resources they need to get their big break.
So, how does it work?
Investors interested in a quality, decentralized token that does good in the world can buy, sell and trade Apollo. Well-designed tokenomics provide 3% reflections to reward holders, 2% burn to stabilize token value and 1% contribution to the "Creator Prize Fund" controlled by the Apollo community through a Decentralized Autonomous Organization or DAO.
Each week, a new contest starts. Creators nominate themselves for consideration and provide information about their work and aspirations. Then they broadcast to their family, friends and fans to buy Apollo and vote for them. Contestants use the Apollo website as well as Apollo's Discord, Telegram, Twitter, Tik-Tok and Instagram communities to generate interest in their work and earn more votes.
Anyone who owns Apollo can vote. Every holder can only vote once, and all votes are counted equally.
The number of votes and the current size of the fund will dictate the amount of each weekly prize, insuring each prize is matched to the popularity of the audience and plenty is left over for future winners.
At the end of the week, the creator with the most votes is awarded the prize. The full vote tally and the winning creative address are written to the blockchain for everyone to see. The Apollo community can even view Apollo's full voting log for ultimate transparency.
Winning creators spread the word about Apollo further driving awareness and interest in Apollo from other creators, influencers, investors, and supporters, helping grow the community and attracting new creators to nominate themselves for the next contest. If a nominated creator doesn’t win, they are welcome to continue to participate in future weekly contests.
This means everyone wins, and everything is controlled by the community through the DAO which puts the holders of Apollo in charge of the token and its future. There is no one behind the curtain pulling the strings. Development, community outreach, voting, and creator awards are all controlled by owners of Apollo.
Finally, a cryptocurrency that is decentralized, good for the world and good for your wallet.
Get your Apollo and join the groundswell of creative thinkers, makers, and doers.