SugarBounce – TIP
The internet revolution drew more than just massive attention to the adult industry. It also attracted problems. Stories of abuse, privacy breaches, and artist bank accounts closures are increasingly occurring in the industry. SugarBounce wants to address the systematic problem and offers an alternative and fairer 18+ platform.
SugarBounce is an adult entertainment ecosystem driven by its native token TIP.
The platform will focus on several problems that plague the adult entertainment industry. Such as staggering commissions for the content creators, property rights issues, privacy violations, and discrimination against newcomers in the industry.
SugarBounce provides 18+ content creators the tools to practice their art independently and be rewarded more fairly.
This review of SugarBounce – TIP was created for informational purposes. This article is not intended for promotion.
The Sugar Bounce ecosystem consists of 6 different components, each with its specific purpose.
Sugar streams provide exclusive access to live adult entertainment such as; cam sessions or visiting virtual strip clubs. This content can be viewed and/or posted from anywhere in the world due to the decentralized nature of Sugar streams.
Of course, only verified content creators can upload content, a procedure that has to take place to ensure quality and prevent abuse.
Visitors that want to watch will have to confirm an age-check.
Top creators of Sugar Streams will be paid through their viewers and advertisements. The more visits, the higher the revenue.
Sugar Pals allows people to access exclusive personalized content on a subscription basis, like the famous adult content site ‘OnlyFans.’
By interacting with their followers, content creators are able to earn an additional income in the form of tips or pay-per-view (PPV) on top of their monthly income.
Sugar Markets is a specialized NFT component of SugarBounce. It was developed on top of ERC-721.
Artists can create and market their NFT that provides exclusive access to adult content for a specified period. Buyers of these NFTs can rent or sell the adult art to other collectors.
The original content creators will always retain their ownership rights, hereby earning a passive income.
Sugar Starter is the funding platform for new and upcoming content creators. New or existing creators can submit proposals by setting up a pool where investors can contribute capital.
Investors who financially support these upcoming artists can become co-owners of the created content through owning fractions of NFT.
Sugar pay allows the user to pay anonymously. Payments are made with the native token TIP and are later converted to fiat currency.
Sugar pay uses data masking and encryption technology to ensure discretion and anonymity.
Because SugarBounce will be deployed on Polygon (L2), these payments will be completely free of charge due to the low transaction fees.
Sugar Reels is an AI-recommendation engine that offers content tailored to the user.
Websites like PornHub and Xvideos generate vast amounts of revenue by placing ads on free content.
On SugarBounce, users will be given a choice to watch free content with ads or watch paid content without ads. The generated revenue will, of course, be shared with content creators.
CEO Navin Ray is at the forefront of the SugarBounce project, along with five other team members. With his 15+ years of experience in adult entertainment media, he will try to lead the project in the right direction.
The other members of the team have experience in blockchain development, web, and mobile app design. They prefer to remain anonymous because of the content of the project that may affect their security.
Once the project is launched, the team will be publicly revealed.
SugarBounce also partnered with The Moonwalker, a well-known Twitter account with 115k followers.
The private sale will take place in the last quarter of 2021, as well as the launch of the application, where it will be expected that the first 100 content creators will find their way to the platform.
Early 2022, the first quarter, the TIP token will be finding its way to a central exchange, which is still unknown.
The Sugar reels, starter, markets, and pay products will be rolled out in the 3rd and 4th quarters of 2022.
For a detailed explanation of how SugarBounce works, please refer to the white paper, which can be downloaded from their official website.
TIP is critical for the six different products that define SugarBounce. The most important use case is anonymous payment processing and access to premium content.
As we look at the stakeholders who are paid out in TIP;
The total initial supply is 6,083,333 TIP. Of which 5,083,333 TIP will be sold through the private sale and 500,000 TIP through the crowd sale.
TIP’s token model will adapt to the performance of the platform. By means of a mint and burn function that will be activated monthly, the token supply will be kept under control.
When the demand increases, tokens will be minted. When the demand decreases, tokens will be burnt.
For each emission, there is a maximum of 50,000 tokens that will be emitted. Emissions are decided by the DAO and can be followed live via the dashboard.
The model below will be used for the next two years.
TIP tokens are available to purchase through PancakeSwap on the Binance Smart Chain (BSC). The official contract adress is 0x40f906e19b14100d5247686e08053c4873c66192
The multi-billion-dollar adult entertainment industry has a lot of problems, such as unfair pay, discrimination against creators, and breaches of user and artist privacy. Therefore it would be wise for a content consumer and creator to look for alternatives.
One alternative might be SugarBounce, which presents its platform that enables content creators and viewers to participate in the adult industry in a fair and durable way.
If the project succeeds in taking over just a fraction of the adult entertainment industry, we can assume that more content creators and consumers will find their way to the platform.
By applying critical features of the blockchain to the adult industry, SugarBounce seeks to provide a revolutionary alternative for adult content creators and fanatics. A world so big, it made the internet what it is.
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