Piction Network (PXL) is a decentralizedpeer-to-peer digital content platform. The digital content industry is understood as a combination of text, picture, audio, and other data into goods and services using high-tech digital technology and information systems. Piction Network aims to create a creator-centric and permissionless digital content economy utilizing blockchain technology.

The Piction Network protocol uses smart contracts to enable content providers to share their services straight to customers. The system enables complete transparency and accountability through blockchain transactions, which are completely public and irreversible. Piction Network's blockchain technology allows its producers and users to exchange directly without using a centralized platform which lowers the expenses and increases revenue for creators.

As per the whitepaper, the Piction Network ecosystem facilitates the free exchange of content between technology platforms and content creators, reducing the barriers to entry for platform content publishers and the administrative burden that creators must bear in managing their output. Because of the reduced entrance barrier and cheaper administrative expenses, content providers can receive a bigger percentage of income.

PXL is the native token for PIXEL. PXLs are primarily used to exchange utility values and pay for activities inside the Piction Network. Users in the Piction Network can utilize PXL tokens to make transactions to perform and experience the environment. The tokens are often used as staking to get exposure to the Network's services.

The Piction Network offers token economic incentives to creators to realize the power of the community. The supporters who assist content creators in marketing, translation, and distribution beyond the platform, resulting in sales, receive PXL tokens in return. Piction Network lets its community members earn a portion of production revenue by safely assisting aspiring creators. The platform looks forward to eliminating the corrupt intermediaries' centralized content marketing, distribution, and ownership and giving control back to the content creators.

PIXEL started its operations in 2018. Battle Entertainment drives Piction Network. The platform's team consists of sixty employees all of whom are either Korean or Chinese. The total supply of PIXEL tokens is 1,000,000,000 PXL coins.

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