♻️Token Utility
Let us explore the utility of $TIP in each of the Sugar Platforms
Anonymous Payment processing
Discounts to access premium content
Sugar Streams
Our anonymous and streaming platform allows users to access exclusive live entertainment anywhere, anytime.
Powered by a proprietary Web RTC based P2P video streaming network, the platform is designed in a way such that it borrows extra bandwidth from computers within the network for increased streaming speed and sharper video quality whilst relaying content to other viewer nodes within the network; in exchange for this service, these ‘Hosts’ receive $TIP as payment - similar to how miners mine Bitcoin.
On the platform itself, viewers kickstart the process by paying an entry fee into a particular artist’s stream - the revenue generated in entry fees is owned almost completely by the artist, with a small portion (10%) allocated to reward aforementioned data hosts that enable the efficient relaying of the stream.
The users on the stream also have the option of tipping - these tips are paid in $TIP directly to the artist as incentives to perform personalized tasks, exclusive to the whims of the viewer.
Another entity that utilizes the $TIP on the platform is the advertisers - all advertising fee on SugarStreams is paid in our native token, and is once again split between content creators and data hosts in stable a ratio of 9:1.
Sugar Pals
$TIP is once again a key feature in the functioning of our subscription-based content distribution and video blogging service. All subscription fees, as well as any form of tips/extra charges for customized services agreed upon between the viewer and their content creator of preference is paid in our token. Only a small portion of the subscription fee is retained by the platform, and all tips earned by the content creator belong solely to them.
Sugar Markets
This revolutionary marketplace where users and creators can buy, sell, trade, and even lend and borrow adult art in the form of NFTs is also powered by $TIP. Unique and niche content will be minted into tradable NFTs via $TIP, which can then be bought using the same token. Owners of valuable NFTs on the platform can also lease the content to others on the marketplace for an agreed-upon period of time; all of these transactions are facilitated by the $TIP.
Sugar Reels
The first ever truly decentralized adult content sharing platform also has $TIP at the core of its functionality. On this IPFS-based powered platform, premium fees paid by the user in the form of the native token will be equally distributed between the content creator and the data hosts enabling the smooth relaying of said content. Similar to the SugarStreams model, advertising on this platform will also be facilitated using $TIP. Advertisers will pay in tokens to advertise, and the revenue will be split between content artists and data hosts.
Sugar Starter
Our crowdfunding platform where creatives can propose novel and niche projects in Starter Pools for interested investors to produce funding is another vertical where $TIP is fundamental.
These investors will stake capital in the Sugar Starter Pool of their choice in the form of $TIP, and upon the creation of their chosen content and the subsequent revenue generated by its viewership on the platform, will earn returns in the form of our native token as well.
The viewers of this content will also pay all access fees in the form of $TIP, part of which will be retained by the platform to invest in building content proposals.
Investors will stake $TIP and invest in the growth of upcoming talent.
Viewers will pay $TIP to investors to access content which was funded by Sugar Starter Pools.
Last updated
