The P.I.V.O.T. protocol is essentially a mechanism for unlimited issuance of shares, its value does not depend on scarcity. The protocol combines the advantages of mechanisms such as rewards, shares, stock indices, dividends, etc. Its features are as follows:

• The stock price is constant at all times
• Tipping is equivalent to buying shares
• Buying shares is equivalent to issuing more
  • The more you buy, the more you issue
  • Issued shares are diluted proportionally
• Selling shares is equivalent to making a profit
• Profit is equivalent to dividends
• All shares have equal rights at the same time
  • Rights are dividend rights
• The number of shares sold is equivalent to the stock index

Simply put, the entry ticket for later shareholders is the income of earlier shareholders, which is evenly divided among all shareholders. But this is not a traditional Ponzi scheme, because a Ponzi scheme that can operate forever is not a Ponzi scheme.