frequently asked questions

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  What is P00LS?

  P00LS is the leading community-first, decentralized exchange for creator cryptocurrencies. We partner with creators and brands to launch their token, distribute it to their communities, and list it on the P00LS decentralized exchange, where it can be earned and traded on Ethereum. Partnering with P00LS means incentivizing audiences and fanbases to consume creator content, while empowering them to promote, share, and scale it. With P00LS—the premier tool for accessing creator value—money is no longer the only currency.

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  What are creator tokens?

  Creator tokens, sometimes called “social tokens” are a form of social currency. Social tokens have many applications on P00LS: they can be used to access your favorite creators’ private Discord servers, sign up for their exclusive newsletter, receive discounts on merchandise, get backstage access at shows, attend exclusive events and much more!Tokens may also be sold or traded through the zerozero exchange (coming soon). All creator tokens on P00LS are token type Ethereum ERC-20, the standard token type exclusive to the Ethereum cryptocurrency and blockchain system.

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  Are creator tokens just like Bitcoin?

  Like Bitcoin, creator tokens are cryptocurrencies that are also built on the blockchain. Our tokens, however, are built on the Ethereum Blockchain and derive value specifically from the creator or brand behind them.

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  How do I earn my favorite creator’s token?

  When a creator releases a token drop, you can earn tokens for free on our by completing any number of incentives. These incentives range from signing up to following your favorite creators on social media, sharing posts on social media, completing quizzes about a creator, or subscribing to their newsletter. A limited number of tokens is available for each drop.

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  Can I buy my favorite creator’s token?

  You will be able to buy creator tokens in exchange for ETH on the zerozero exchange (coming soon).

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  What can I do with my tokens?

  The more tokens you acquire, the more exclusive perks you unlock, which may include access to a creator’s exclusive content, a private discord, an exclusive newsletter, discounts on merchandise, backstage access at shows and much more. You will also be able to sell or trade your tokens on the zerozero exchange (coming soon).

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  Does it cost anything to create an account?

  No. Joining is free and there are no membership fees.

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  How can I join?

  You can join by clicking here or through your Twitter or Facebook accounts, or with your email address.

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  What are the legal implications?

  From day 1, P00LS was designed with legal and regulatory considerations in mind. There are a number of significant legal uncertainties in the crypto and web 3 space, but we have worked closely with our outside counsel to develop a platform that prioritizes compliance. We will continue to closely monitor legal and regulatory updates to maintain compliance, while still providing you the most cutting edge platform for fans to engage directly with their favorite creators. While we do not intend that the 00 token or creator tokens will be deemed securities in the US, using the P00LS platform, and/or buying, selling, holding, or trading either token does involve risk, and we urge you to seek any advice you may need in mitigating those risks.