BitBoost
About BitBoost
PodFast is a platform that offers short audio/visual summaries of podcasts, available on Spotify, YouTube, and its web and mobile apps. With an AI browser extension, online videos can be instantly converted to concise summaries. Content creators can summarize their own episodes into short clips. PodFast converts long-form podcasts into easily-digestible animated summaries with subtitles. FAST tokens offer discounted/free access to the app and browser extension, and users receive a shared 0.75% reflection from all transactions. Protocol fees are distributed to the community (25%) from 2024. Premium services include ad-free content, exclusive videos, text/audio summaries, and a members-only chat area.
BitBoost (BOOST) is a cryptocurrency that was originally known as Podfast (FAST). It is designed to facilitate online commerce, primarily through the BitBoost marketplace. The BitBoost marketplace is a decentralised, blockchain-based platform that aims to provide a secure, transparent, and efficient environment for buying and selling goods and services.
BitBoost (BOOST) is primarily used within the BitBoost marketplace. The key use cases include:
- Transaction Fees: BOOST tokens are used to pay transaction fees within the BitBoost marketplace, enabling users to list products, make purchases, and facilitate other transactions.
- Incentives: BOOST tokens can be used to incentivise users to engage with the marketplace, such as through discounts, rewards, or promotional activities.
- Access: Certain features or premium services within the marketplace might require BOOST tokens, providing users with advanced functionalities or benefits.