XT.COM Announcement on Launching POP(POPCOIN)

Popcoin is initiated as a ready-to-use utility token that can be redeemed immediately after the issuance and distribution. Popcoin is created and managed by 4th Apple, a subsidiary company under RS Public Company Limited (Thailand).
4th Apple has initiated the idea of creating Popcoin that would integrate and create new experiences and reward for both content creator (supply) and the new generation of consumers (demand) by applying and adopting blockchain technology and digital assets to the entertainment content industry.
Popcoin holders can redeem Popcoin to get access to various types of Entertainment contents (i.e., goods and services) as defined by the content provider through the redemption process immediately by exercising their redemption right via the Integrated Content Platform under the name of Popcoin Application, which will be operated through a system created and managed by 4th Apple.
Popcoin system will become a solution to solve the key pain points of all the entertainment content stakeholders, ranging from the content sponsor, content creator, and content consumer. Also, Popcoin will unlock and strengthen the capacity to create new markets and add value to the creation and distribution of content to the fullest potential. Popcoin will convert and integrate the physical entertainment content into the digital asset with the new technology.
With all of these underlying rationales, Popcoin is a solution that 4th Apple would like to introduce. Popcoin is initiated based on Block[1]chain / Smart Contract technology as well as digital assets tokenomics mechanism in the form of the ‘Digital Utility Token’ that is acceptable under the Thai legal scheme with a key mission to solve pain points and unlock the limit of all stakeholders with an aspiration to create ‘network effect’ to the entire Entertainment Content industry.