FAQ
Frequently Asked Questions
Q. What is a Creator Token?
A. Creator Tokens represent digital stakes of individual creators supported, minted, and held by people on the PeopleMint. These tokens grant people unique access to the creator's benefits, their marketplace, and more. It's a way for creators to engage with their supporters and community members and expand their social net worth.
Q. Can I buy or sell my Creator Token?
A. Yes, you have the freedom to buy, sell, or swap your Creator Tokens as you see fit. PeopleMint offers tech infrastructure and easy-to-use products for token holders to manage their Creator Tokens and to support their favorite creators.
Q. How can I become a creator on PeopleMint?
A. Becoming a creator on PeopleMint is straightforward. You can join as a creator by using an invite code from an existing user. Complete your verifications on your social accounts (X, Instagram, TikTok & Youtube), receive your free $PPL airdrop, and start minting Creator Tokens right away.
Q. How can I mint my Creator Token?
A. The minting process for Creator Tokens begins when a creator receives PeopleMint's genesis airdrop of $PPL tokens. This airdrop occurs after you've successfully verified your Web 2.0 social accounts. Once you receive your $PPL tokens, the PeopleMint smart contract will automatically create your Creator Tokens. Users can then purchase these Creator Tokens using $PPL tokens.
Q. Can I invite friends to join?
A. Absolutely! PeopleMint encourages you to invite your friends to join PeopleMint. This not only allows you to share the benefits of Web 3.0 SocialFi with your friends but also helps create a vibrant social marketplace within the PeopleMint ecosystem. It's a win-win situation for all involved, fostering a thriving community of users and creators.
Q. What benefits do Creator Tokens offer to their holders?
A. Creator Tokens grant access to various benefits, such as exclusive content, early access to creator merchandise, special interactions with the creator, and participation in creator-specific events and promotions. The specific benefits may vary depending on the creator.
Q. How do I find and connect with my favorite creators on PeopleMint?
A. You can discover and connect with creators through PeopleMint. Explore the marketplace, use search filters, or browse featured creators. Once you find a creator you like, you can follow them, engage with their content, and acquire their Creator Tokens to access their unique benefits.
Q. How do I find and connect with my favorite creators on PeopleMint?
A. You can discover and connect with creators through PeopleMint. Explore the marketplace, use search filters, or browse featured creators. Once you find a creator you like, you can follow them, engage with their content, and acquire their Creator Tokens to access their unique benefits.
Q. Can I earn rewards for supporting creators on PeopleMint?
A. Yes, PeopleMint rewards users for supporting creators. When you hold and engage with Creator Tokens, you may earn rewards in the form of additional tokens, exclusive content, or participation in special events. The more you support a creator, the more you stand to gain.
Q. How can I verify my Web 2.0 accounts to become a creator?
A. To verify your Web 2.0 accounts, follow the steps outlined in PeopleMint. Typically, this involves linking your existing social media accounts or websites to your PeopleMint profile. Once verified, you'll be eligible to enjoy your Genesis $PPL Airdrop and mint your Creator Tokens.
Q. What is the process for buying Creator Tokens with $PPL?
A. To buy Creator Tokens with $PPL tokens, go to the PeopleMint Creator page, select the creator whose tokens you wish to purchase, and enter the desired quantity. You can complete the transaction using your $PPL tokens. The Creator Tokens will be added to your account immediately.
Q. Why do I receive fewer Creator Tokens?
A. Following each transaction, a predetermined percentage of Creator Tokens will be allocated to the Creator, as defined by the Founder Rate (FR) specified on the Creator's personal page. For example, if a Creator sets the FR at 20%, the buyer will receive 80 tokens, while the Creator will receive 20 tokens for every 100 Creator token transactions.
Q. Is there a limit to how many Creator Tokens I can acquire from a single creator?
A. There will be no limit to how many Creator Tokens one can acquire from a single creator. Nevertheless, it's important to be aware that each Creator on PeopleMint has a set maximum token limit of 1 million.
Q. How does PeopleMint ensure the security and privacy of user data?
A. PeopleMint takes data security and privacy seriously. We do not sell or share user data with third parties. Our commitment is to maintain the highest standards of data security.
Q. Can I collaborate with creators on PeopleMint for joint projects or partnerships?
A. Yes, PeopleMint encourages collaboration and partnerships within the community. You can reach out to creators directly through PeopleMint to discuss potential joint projects, partnerships, or collaborations.
Q. How are disputes or issues between creators and token holders resolved on PeopleMint?
A. PeopleMint employs a code-based approach to dispute resolution through blockchain technology. The smart contract system is designed to automatically execute predefined actions based on the agreed-upon rules. This minimizes the need for centralized intervention and ensures fairness in dispute resolution.
Q. Is there a fee associated with buying, selling, or trading Creator Tokens on PeopleMint?
A. PeopleMint does not charge any fees for transactions, including buying or selling Creator Tokens. More details regarding specific fee structures can be found on PeopleMint.
Q. Is Creator Token custodized?
A. No, it is not. All Creator Tokens being minted and purchased remain in your own private personal wallet. No other party, including PeopleMint, will have access to your Creator Tokens.
Q. What is the cap of Creator Token that each Creator can create?
A. Each Creator on PeopleMint has a set maximum token limit of 1 million by default on the Smart Contract.
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