Prize Protocol is a Solana based watch-to-earn ecosystem where users earn Gems by engaging with sponsored content, which can be converted into $PRIZE tokens. Users can use $PRIZE to participate in Giveaways. The protocol also includes a Recycle feature that allows inactive or failed tokens to be converted into $PRIZE. Prize Protocol also utilises a community treasury model supported by portions of platform revenue to help fund ecosystem rewards and long term holder incentives.