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By DailyBitcoin @diariobitcoin
$JUICY combines blockchain and adult content to offer rewards to creators and subscribers while reinventing the OnlyFans model.*
- $JUICY is a reward token for content creators and subscribers on Juicy.
- Stakers will receive 50% of the platform’s profits in ETH, AVAX and more.
- The model includes decreasing rewards to encourage early adoption.
In a saturated but lucrative market like adult content, Juicy seeks to stand out through blockchain innovation.
The platform, which recently launched a pre-beta version, allows creators and subscribers to earn the $JUICY token while participating in the ecosystem.
With clear inspiration in the OnlyFans business model, Juicy seeks to attract Web3 users with unique economic incentives.
The blockchain as an ally of adult content
In 2023, OnlyFans generated more than $6.6 billion in revenue, demonstrating growing interest in independent online content. However, Juicy proposes a crucial twist: a system where 20% of the fees collected is divided between the platform operators and those who stake $JUICY.
This participation model, added to the possibility of generating passive income in cryptocurrencies such as ETH and AVAX, presents an attractive opportunity for both creators and users in search of additional income.
How does $JUICY work?
The $JUICY token has several uses within the platform. In addition to functioning as an incentive for creators and subscribers, it allows staking, a practice where participants lock their tokens and receive a portion of the platform’s revenue. According to Juicy50% of the profits generated by your subscription fees will be distributed among stakers.
The token will have a total supply of 1 billion units distributed as follows:
- 24% for sales and liquidity: One part will be used for the initial sale and the other will be used to generate liquidity.
- 50% for rewards: They will be released gradually over four years, encouraging early adoption.
- 16% for treasury: intended for marketing, development and strategic partnerships.
- 10% for the team: with a lock-in period of six months and vesting of two years.
Incentives for early adoption
The design of the system seeks to reward the first users of the platform, who will be able to obtain greater rewards. According to the developers, rewards will be adjusted over time to maximize the growth of the platform. Actions that generate rewards include creating content, gaining subscribers, and basic activities like comments and likes.
Rewards will begin to be released at the end of the beta phase, scheduled for the end of November. From then on, creators and subscribers will be able to earn $JUICY directly while using the platform.
Future prospects for Juicy
The launch of $JUICY marks just the beginning for Juicy. Among the next steps, the platform plans to introduce features such as private messages for VIP subscribers, referral fees, and payments with ERC-20 tokens such as $BOOTY and $COQ. The acquisition of new creators and subscribers through aggressive marketing campaigns will also be prioritized.
Despite being a project in its early stages, the market value of $JUICY already ranged between USD $100,000 and $400,000 in its early days. With potentially high demand and a well-defined strategy, Juicy could establish itself as a relevant player at the intersection of adult content and blockchain.
Original image from DiarioBitcoin, free to use, licensed under Public Domain
WARNING: This is an informative article. DiarioBitcoin is a media outlet, it does not promote, endorse or recommend any particular investment. It is worth noting that investments in cryptoassets are not regulated in some countries. They may not be suitable for retail investors as the entire amount invested could be lost. Check the laws of your country before investing.
You are the website editor for world-today-news.com. You recently interviewed two guests, Sally and Mark, on the topic of $JUICY and its role in the adult content industry. Below is a transcript of their conversation.
Website Editor: Thank you for joining us today, Sally and Mark. We’ll start with you, Sally. As the co-founder of $JUICY, can you explain to us how the platform works and its relationship with blockchain technology?
Sally: Of course! $JUICY is a reward token for content creators and subscribers on our platform, Juicy. Stakers will receive 50% of the platform’s profits in ETH, AVAX, and more. We want to incentivize people to join our ecosystem by offering them not only exclusive adult content but also the chance to earn cryptocurrency. The added layer of blockchain technology allows us to provide transparency in how we distribute funds and gives our users a say in the platform’s decision-making process.
Website Editor: That’s an interesting approach, Mark. As a blockchain enthusiast, what do you think about the implementation of this technology in the adult content industry?
Mark: Well, I think it’s a great use case for blockchain. Not only does it provide creators with a more secure way of monetizing their content, but it also allows users to own a piece of the platform they’re using. It’s empowering for both parties involved. In addition, by using cryptocurrencies like ETH and AVAX, users can potentially earn passive income, which is something not commonly seen in this industry.
Website Editor: That’s an excellent point. Sally, could you elaborate on how the $JUICY token works within the platform?
Sally: Absolutely! The $JUICY token has several uses within the platform. Besides being an incentive for creators and subscribers, it also allows staking and generating passive income. When users stake their tokens, they earn a portion of the platform’s revenue. Our platform takes a 20% fee from subscriptions, and 50% of that fee is distributed among $JUICY stakers. We have a total supply
