PELE meaning in Cryptocurrency ?

Answer:

PELE Network is a suite of decentralized tools for incentivizing creative collaborations. It is also a DAO for networking and content creation whose goal is to bring about a broad social shift in the way media is approached and created.

In its early stages, it demonstrates its tools and development by powering its own cartoon web series, "Enter the PLVRS," which brings awareness to the importance of decentralized protocols in a fun and playful way.

The origins of PELE Network began in 2014 as a simple YouTube channel that showcased positive and uplifting stories of people in the world. After a stint attempting to accomplish its scaling goals a non-profit, PELE Network, Ltd. was finally founded as a Wyoming LLC in 2020 to begin developing a cooperative ecosystem for authentic media creation that could crowdsource resources and market projects with less friction than centralized crowdfunding platforms.

PELE Network is named after the Hawaiian volcano goddess of fire, Pele, with the intention to burn like lava over the contemporary state of media designed to distract and divert; and instead offer a nutritious landscape for a new generation of reputable content creators to share authentic stories across the globe.

As a long-term, community-driven project and DAO, PELE Network did no pre-sale or ICO. It was bootstrapped by its team of founders. With a strong early community of liquidity providers, it focuses on growing as a sustainable business utilizing a token to reward, unify, and reflect the contributions of its users.

reference

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