PO8 is a blockchain ecosystem tokenizing the recovery and ownership of underwater artifacts and treasures. Utilizing ERC-721 tokens, also known as Non-Fungible Tokens (NFTs), PO8 provides a unique way to track and verify ownership of assets. PO8 is also creating a first of its kind curated digital commodity marketplace allowing for the transfer of distinguishable asset backed tokens separately within smart contracts. The real ownership of an asset is now determined by its NFT.
Competing interest groups can’t agree on salvaging and preservation best practices, slowing down the recovery rate of historical artifacts
Recovery expeditions can easily go into the millions, creating a barrier to entry feasible by only a handful of companies with resources.
Selling priceless treasures or artifacts can cost salvage companies, governments and other owners anywhere from 12 to 20% in sales commissions
For the first time ever, anyone from around the world can help in the search and recovery efforts of long lost artifact treasures. Simply participate and complete any of our bounty tasks and earn free tokens. Bounty tasks include but not limited to analyzing data such as sonar, magnetometer, geo mapping, historical records, weather patterns, video feeds and more.
Recovered artifacts will be digitally imprinted with distinguishable NFTs ensuring the majority artifacts live on the blockchain and physically remain in the custody of the PO8 Foundation for continued studies by the archaeology community, and to be exhibited in various museums worldwide.
Utilizing the Ethereum blockchain and it’s ERC-721 token functionality, PO8 will create NFTs with specifically designed smart contracts containing unique asset data that are cryptographically certified.
Registered and established Bahamian Corporation
Historical Research on Nuestra Senora de las Maravillas, PO8’s maiden exploratory mission
Granted Salvage License by Government of The Bahamas
Assign key advisors
Creation of PO8 Ethereum based smart contract and wallet
Launch private sale
Begin development of MADS Wallet
Begin development of MADS Blockchain Algorithm Database
Launch crowd sale
Historical data collection of charts, tides, hurricane and other natural disturbances
Submersible drones to collect structural and metallic underground anomalies
Satellite imaging data collection
MADS Wallet available – beta version
MADS Blockchain Algorithm Database available – beta version
Data mining information collected
MADS token awarded to wallets
PAZAR Digital Commodity Marketplace – Beta Version
Present to Bahamian Government area of interest for commercial salvaging
Salvage teams and divers deployed
Exploratory submersible drones deployed
Salvage teams and divers deployed
Salvage teams and divers search
Continuation of data mining and readjusting area of interest
Ministry of Local Government West Grand Bahama, Bahamas
Leading Venture Capitalist Partner at Sequoia Capital China
Attorney at Law
Crypto Analysis Singapore
Chairman, Advisory Broad
NARET GROUP CO., LTD Bangkok, Thailand
Adjunct Professor of Hanyang Univ. Global Entreprenuer Center Chairman of Advisory Board for Korean Business Strategy
Download our latest Whitepaper to read more about PO8’s mission and contributions to marine archaeology.Download Now
A group of blockchain entrepreneurs in the Bahamas is tokenizing undersea exploration within the seas of the area using blockchain.
PO8 CEO, Matthew Arnett attends the Bahamas Blockchain Cryptocurrency Conference where he talks about being...
Chester Robards, Senior Business Reporter at the Nassau Guardian writes about PO8...
PO8 is a blockchain ecosystem making marine archaeology and treasure hunting more inclusive and decentralized. For the first time ever, people from around the world can participate in treasure hunting expeditions through the tokenization of search and recovery efforts. And, through our decentralized applications (DApps), PO8 provides secure, transparent and cost effective blockchain solutions for registering, authenticating, and transferring high valued assets.
The main problems we solve are eliminating barriers to entry for people who want to participate in marine archaeology projects, and the decentralizing the distribution of recovered treasures.
Currently PO8 is the first-to-market blockchain ecosystem bringing value to the marine archaeology industry. Our only indirect competitors would be traditional commercial salvage companies.
For starters, we want to provide an opportunity for anyone from around the world to be a part of recovering history. But what makes us even more unique is our collaboration approach to work with governments. PO8 has been working closely with the Maritime Affairs and Labour Department from the Ministry of the Commonwealth of the Bahamas and has recently acquired an Abandoned Shipwreck salvage license. The acquisition of this license is a major milestone, considering licenses have not been issued for the last 18 years. The procurement of the license illustrates the dedication of the PO8 team to preserving the past and the Bahamas’ vote of confidence in PO8’s mission.
PO8 is a utility token that can be used to participate in our various decentralized applications, such as MADS, HOAP, GAAS and PHARS. The SILVER token in a sub token awarded to PO8 holders who take part and complete bounty tasks on our MADS application.
In the event we do not recover any treasures, we will have built a blockchain ecosystem available for many other archaeological endeavors worldwide. The same technologies powering search and rescue for shipwrecks and buried treasures can be used for finding other lost objects and perhaps solving some of our longest unsolved mysteries.Our open source decentralized apps will also provide individuals and enterprises with more cost effective and secure ways of distributing valuable assets.
PO8 tokens cannot be mined. SILVER tokens can be earned by completing bounty tasks on our MADS application.
As a PO8 token holder you will be able to bid on recovered artifacts that are sold on our HOAP application.
Yes, it is mandatory. Please make sure you register and provide all required KYC documentation.
No. DO NOT use a cryptocurrency exchanges like Coinbase, Binance, Huobi or others. You MUST send from an ERC 20 compatible wallet such as MyEtherWallet, ImToken, etc.
Private sale $250K USD, Pre-sale $50K USD and Crowd sale 0.1 ETH
A minimum 250 ETH investment is required for the private sale. Please contact us directly at firstname.lastname@example.org for more information.
For the most part yes. For residents of the United States, we can only accept institutional investors. OFAC sanctioned countries are NOT permitted to participate in our token sale. For more information on OFAC listed countries please visit, https://www.treasury.gov/resource-center/sanctions/Programs/Pages/Programs.aspx
While we have no control of any decentralized exchanges listing the PO8 token, we will be talking with major centralized exchanges to list the PO8 token. For regulatory issues, we cannot comment on exact details of the exchange.
Any wallet supporting ERC 20 tokens such as MyEtherWallet, ImToken, etc.
We are officially the first company to launch a token sale from The Bahamas and as a result of our vision to bring blockchain technologies to the country, we have been endorsed by senior members of government. Additionally, we are the first marine salvage company to receive an Abandoned Shipwreck salvage license from the Maritime Affairs and Labour Department from the Ministry of the Commonwealth of the Bahamas in over 18 years.
Upon our first successful expedition a portion of the recovered treasures such as gold or silver will be placed in a reserve in order to bring stability to our token and liquidity for future expeditions and development of new blockchain technologies.