Pibble

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Discover Pibble's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Pibble?

PIBBLE (PIB) is a blockchain platform focused on scalability and interoperability, designed to enable fast and efficient transactions. It is a cryptocurrency with a market capitalization and a circulating supply of PIB tokens. The platform also features a generative AI content hub, PIBBLE 2.0, which combines AI chatbots and image generators to facilitate creative expression and community engagement.

How is Pibble used?

Pibble (PIB) is a blockchain-based image cryptocurrency designed to bring image creators and consumers together, ensuring fair compensation for the work they create, use, and enjoy. The platform offers a unique service called PIBBLE 2.0, which combines AI chatbots and image generators to facilitate creative expression and emotional connection. Users can draw, write, and upload their creations to the PIBBLE app, sharing them with friends on social media and engaging with the community.

How do I store Pibble?

To store Pibble (PIB) tokens safely, it is recommended to use a "Cold Wallet," which is a wallet that is totally offline. This type of wallet provides the highest level of security for your tokens.

How to buy Pibble?

To buy Pibble (PIB) tokens, follow these steps:

  1. Choose a Centralized Exchange (CEX): Find a reliable CEX that supports PIBBLE trading, such as Binance or MEXC Global. You can refer to Coinmarketcap.com for a list of exchanges that support PIBBLE.

  2. Register and Verify Your Account: Sign up for an account on the chosen CEX's official website or app. Verify your identity and secure your account by enabling two-step verification.

  3. Buy a Supported Cryptocurrency: Use fiat to purchase a cryptocurrency that can be easily traded for PIBBLE, such as USDT, ETH, or BNB. You can use the CEX's over-the-counter (OTC) trading service or a financial service platform like PayPal or Robinhood.

  1. Transfer Funds: Transfer the purchased cryptocurrency to the CEX that supports PIBBLE trading. If the CEX supports both fiat purchases and PIBBLE trading, you can skip this step.

  2. Buy PIBBLE: Use the transferred cryptocurrency to buy PIBBLE in the spot market. Search for "Pibble" (PIB) in the exchange's marketplace and choose a transaction amount.

  3. Store Your PIBBLE: After purchasing, store your PIBBLE tokens securely in a wallet that supports PIBBLE.

Remember to consult the exchange's customer service and local tax authorities for any specific requirements or restrictions in your area.

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History of Pibble

The history of Pibble (PIB) is not explicitly detailed in the provided sources. However, it is clear that Pibble is a cryptocurrency that has been listed on various exchanges and has a market presence. The current market statistics, such as its price, trading volume, and market capitalization, are available on platforms like Coinbase, Crypto.com, and CoinMarketCap.

PIBBLE is part of the PLAYMETA platform, which offers a range of services including games, social media, and NFT marketplaces. This platform aims to create a blockchain-based image ecosystem using the PIBBLE cryptocurrency.

The project has evolved to include features like PIBBLE 2.0, a generative AI content hub that combines AI chatbots and image generators to facilitate creative expression and community engagement.

While the exact history of Pibble's development and launch is not provided, the available information highlights its current market status and the ecosystem it supports.

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How Pibble works

Pibble (PIB) is a blockchain-based cryptocurrency designed to facilitate transactions within the creative industry, particularly for image creators and consumers. It operates as a decentralized platform, enabling peer-to-peer transactions through its underlying blockchain technology. This technology allows for secure, transparent, and efficient transactions without the need for intermediaries.

One of the key features of Pibble is its automated royalty system. Through smart contracts on the blockchain, Pibble ensures that royalties from content sales are automatically distributed to the rightful creators. This system ensures fair compensation for the work of image creators and promotes a more equitable ecosystem within the creative industry.

Pibble's platform aims to bring image creators and consumers together, providing a space where creators can share and monetize their work while consumers can access and enjoy the content. By leveraging blockchain technology, Pibble creates a transparent and secure environment for these transactions to take place.

In essence, Pibble works by utilizing blockchain technology to facilitate secure and transparent transactions, ensuring fair compensation for image creators through its automated royalty system. This decentralized platform connects creators and consumers, promoting a more equitable and efficient creative industry.

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Pibble's strengths

The token Pibble (PIB) has several strengths that contribute to its potential value and utility:

  1. Decentralized Platform: Pibble operates as a decentralized platform, facilitating peer-to-peer transactions through its blockchain technology. This ensures secure and transparent transactions without the need for intermediaries.

  2. Reward System: The platform includes a reward system for content creators and consumers, allowing users to earn PIB tokens by engaging with content. This feature promotes user participation and content sharing.

  3. Censorship-Resistant Content Sharing: Pibble's decentralized nature enables censorship-resistant content sharing and monetization, making it an ideal solution for creators in various industries such as art, music, and photography.

  1. Efficient and Cost-Effective: By leveraging blockchain technology, Pibble offers a more efficient and cost-effective alternative to traditional financial systems, which can revolutionize content creation and distribution across different platforms.

  2. Key Currency in PLAYMETA: PIB is the key currency in the PLAYMETA ecosystem, which provides a comprehensive platform for games, social media, NFT marketplaces, and DeFi services. This integration enhances the token's utility and potential for growth.

  3. Partnerships and Collaborations: Pibble has signed significant business agreements, such as with Netmarble, one of the largest game companies in Korea, which can further expand its reach and adoption.

These strengths position Pibble as a promising cryptocurrency with a unique value proposition and potential for growth in the market.

Pibble's risks

PIBBLE (PIB) is a blockchain-based cryptocurrency designed to facilitate transactions within the creative industry. It aims to protect and reward creators for their works in a fair and transparent manner. The financial risks associated with PIBBLE can be categorized into several types:

  1. Credit Risk: This is the danger associated with borrowing money. PIBBLE, as a cryptocurrency, does not involve direct borrowing, but its value can be affected by the creditworthiness of its users or the platforms that support it.

  2. Liquidity Risk: This risk arises when there is a lack of buyers or sellers in the market, making it difficult to buy or sell PIBBLE tokens quickly and at a fair price. PIBBLE's trading volume and market capitalization can impact its liquidity, with lower volumes and capitalization increasing the liquidity risk.

  3. Operational Risk: This risk stems from poor management or flawed financial reasoning within the PIBBLE platform or its supporting infrastructure. Any technical issues, security breaches, or inefficient operations can negatively impact the value of PIBBLE.

  1. Market Risk: This includes the possibility of losses due to changes in market conditions, such as shifts in supply and demand, regulatory changes, or broader economic trends. PIBBLE's price can be influenced by these factors, leading to potential losses for investors.

  2. Regulatory Risk: Changes in regulatory environments can significantly impact PIBBLE's value. If governments or financial authorities impose stricter regulations or restrictions on cryptocurrencies, it could negatively affect PIBBLE's price and adoption.

  3. Systemic Risk: This is the risk of a broader financial crisis or instability in the cryptocurrency market as a whole. If the entire market experiences a downturn, PIBBLE's value could be affected, even if it is fundamentally sound.

  1. Speculative Risk: PIBBLE, like other cryptocurrencies, is subject to speculation. If investors' expectations about its future value are not met, the price could drop, leading to losses.

  2. Legal Risk: This includes the risk of legal challenges or disputes related to PIBBLE, such as intellectual property issues or disputes over ownership and control.

To manage these risks, investors should conduct thorough research, set clear financial goals, and maintain a diversified investment portfolio. It is also essential to stay informed about market developments and regulatory changes that could impact PIBBLE's value.

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Did Pibble raise funds?

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Pibble’s team

  • Founder and CEO: Treasure Lee, who is also known as Boram Lee, is the founder and CEO of Pibble, a blockchain-powered social media platform.
  • CTO: Andrew Chae is the CTO of Pibble and a blockchain developer.
  • Manager: Anna Lee is a manager at Pibble.
  • Team Members: The team includes experts in blockchain technology, digital economy, and software development.

Whalee AI

The fundamental analysis assistant for crypto value investors.

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