# PPeC 2.0

![PPeC smiling](https://4188239607-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FrkgSz03z9d8IYX9D4xzD%2Fuploads%2FvGFwoOVExpzinb1mjtaz%2F1A682AE0-BCC5-4929-9EA6-DC0A8C24C6CB.png?alt=media\&token=c3b0cd5b-ea09-40ba-8404-d02eb5ea4500)

{% hint style="info" %}
**Good to know :** PPeC 1.0 treasury is the funding seed for PPeC 2.0.

**How can you help?** buy and hold, claim rewards, but most importantly launch as many SmAC as your project requires, however, do not forget to glance at the [promotion guidelines.](https://paidperclick.gitbook.io/ppec-document/using-the-web-site/promotion-guidelines)
{% endhint %}

## What is PPeC 2.0?

> *When SmAC meet art!*

PPeC 2.0 is the second phase of decentralized advertisement or DAdvers. In this phase, more features are added to the W3LL protocol to create a M3LL protocol or a "more, more, more for all" system. Well, let call it a Triple More!

Apart from adding more features, the M3LL protocol reintroduces third parties and put them to act as W3LL third parties. 

### New features

Under the M3LL protocol**,** we will introduce new features such as global support, W3LL third parties, proof of publication, sMAT, osMAT, and IPFS. 

{% hint style="warning" %}
The information provided bellow are intended to give a broader rather than an in-depth understanding of new added features in PPeC 2.0 as we are still expending its capabilities and utilities.
{% endhint %}

#### 1. Global/Local Support

With global and local support, a SmAC would be able to target its audience based on the location requested by the promoter.

#### 2. W3LL third parties

Third parties will own spaces from which they can host SmAC for a fees *(from claims)*. Third parties will have the ability to select which SmAC they want to host based on their audience preferences.

#### 3. Proof of Publication

This is a new mechanism that feeds sMAT *(s-mate)* with more $PPeC for their owners. This is also a free promotion for advertisers *(Remember that promoters get more wins?!)*

#### 4. sMAT - a smarter SmAC

{% hint style="info" %}
In plural, sMAT and osMAT do not end in "s."
{% endhint %}

Once a SmAC runs successfully with a 100% click-through rates *(CTR)* it becomes a tradable SmAC token or [sMAT](https://paidperclick.gitbook.io/ppec-document/glossary#words-and-their-definitions) *(s-mate or smarter mate)*. A sMAT is a token and earns more $PPeC under the proof of publication for its owner.

* sMAT are tradable $PPeC.
* sMAT earn a portion of new SmAC claim fees.
* For promoters, a sMAT is a free promotion since it still holds all its SmAC information. Promoters also have the option to sell their sMAT to the PPeC community.
* For the community this is an opportunity to buy, and/or trade sMAT.
* sMAT cycle is 1 year. During this time, it's constantly earning $PPeC from newer SmAC claim fees.

#### How is a sMAT token price set?

When a SmAC is launched for 120,000 $PPeC/claim and runs successfully with 100% CTR, this single claim amount becomes the value for the sMAT. It earns $PPeC based on the claim value, however, its price is determined by the market.

> *More information will be released in the official document.*

#### 5. osMAT - a wiser sMAT

After a full year, a sMAT becomes an osMAT *(Oz-mate or Old Smart mate)* token. $PPeC burning events will now include osMAT. These tokens earn burning fees for their owners, however, these fees are accumulated for at least a year and at most 2 years before being redeemable.

* osMAT are tradable $PPeC.
* osMAT earn burning fees because they become part of $PPeC burning events.
* For promoters who did not sell their sMAT until they became osMAT, they still have the option to sell.
* osMAT earn burning fees for 1 - 2 years.

#### 6. IPFS

IPFS are interplanetary file system or a sort of decentralized file system. PPeC 2.0 intend to save SmAC files on IPFS instead of AWS *(Amazon Web Services)* to insure their eternal life and keep them safe from censorship.

**This is all we can give you for now, Happy SmAC-ing my friend!** :tada: