This coin's mission is rooted in social media. Persystic Token wants consumers and content providers to benefit from business opportunities that generate wealth. Persystic plans on achieving this by implementing these factors:
- Giving creators the right to ownership of their work
- Eliminating false news by verifying content production and consumption while keeping it open to the public
- Encouraging the creation of authentic content
- Utilising a 'Right to be Forgotten' policy, enabling users to choose if they want their content stored on Persystic. This keeps power and control in the hands of the creator.
Therefore, Persytic can be described as both the Internet of Things and the Internet of People. This coin has been made for content creators to earn a living while adding value to the social interactions that they participate in. Importantly, as creators express their talents, moral and ethical speech remains integral to this coin. Persystic token takes place on the Binance Smart Chain, while the functionality of its smart contracts is also built into Ethereum. The creators have made the coin interoperable with the Ethereum Virtual Machine and as a result, the BEP-20 standard expands the functionality of Ethereum's ERC-2016. Being compatible with Ethereum's Virtual Machine opens up access to Ethereum's ERC-20 token standards, valuable because of their use for a variety of decentralised applications (DApps).