The Pareto Network is a service for incentivizing the generation and sharing of information about tradable opportunities in cryptocurrencies and related assets. It is designed to elevate information about market inefficiencies and promote more accurate price discovery. What that means is that it should steer the markets toward the correct pricing of these assets. It replicates the function of research desks at investment banks, providing a flow of information that anyone can access, and aligns economic incentives to promote that reality.
The Pareto platform and ecosystem
The Pareto platform and ecosystem aims to create value through increasing the overall efficiency of cryptocurrency markets. Prospective users of the Pareto Network must own Pareto tokens (PXT) in order to access the Pareto Network. By means of its rewards mechanism, the Pareto Network encourages the production of actionable market information and helps Pareto token users filter noise from meaningful information. The Pareto Network will facilitate the growth of an ecosystem for the creation and distribution of content related to investment in crypto assets. It is creating a new Ecosystem that will improve efficiencies in the generation and distribution of information of value to investors. The Ecosystem will provide incentives and a mechanism for a wide range of individuals and organizations to create and share this information and subsequently receive compensation for their effort. It will broaden the range of available information and provide a market-based mechanism for investors to obtain access to information of value.
Pareto tokens ( PXT) are required to access the Pareto Network. Spending tokens by paying Content Contributors is the best way to move up in the rankings to receive the information available in the Pareto Network sooner. Thus, Pareto tokens (PXT) represent the cost to the user of accessing the Pareto Network and receiving its content at the optimal time relative to other users.
The amount of Pareto tokens is finite and a total of 500,000,000 Pareto Tokens (PXT) will be created.