What is the PNP16 protocol?
The PNP16 protocol was developed in order to bring forward a set of standards and provide a guideline for building on the Pecu Novus Blockchain Network, token creation and integration of proprietary security protocols for applications to be built on the network.
PNP16 tokens can represent a number of different things on the network such as:
Financial assets for a company or project, basically representing ownership or stake in a company or project.
Gaming tools such as points earned in a game, character skillsets, rewards
Physical commodities such as gold, silver, platinum, agriproducts, coffee, oil, other metals etc, representing ownership or stake of a verified physical asset.
Fractional real property assets and much more.