AmaStar: A Blockchain-based Platform Where You EARN FOR PORN
STARTER INFORMATION
“While the adult industry is becoming more mainstream, there are still a lot people who prefer to be secretive or private about it,” said Corey Price, vice president at Pornhub in a statement. “By accepting crypto, we are making the purchasing of content even more secure, which will appeal to those people. With the added incentive, we expect to see an uptick on the purchasing of content.”
The partnership is a notable one due to Mindgeek’s enormous footprint in the adult industry. The company, which publicly describes itself as “a leader in web design, IT, web development, and SEO,” controls the majority of the porn ‘tube’ sites, (think YouTube for porn), which stream XXX clips. While most users utilize the free offerings, there are some who pay subscription fees for higher quality clips.
It’s also the owner of several production studios, including Digital Playground, and controls Playboy TV and owns Spice TV. Adult industry insiders at other companies regularly accuse the company of stealing their content for the tube sites. It’s not a well-liked company in the industry, but it’s so dominant, others have accepted it as a part of doing business.
For the fact that the porn industry is a fully fledged domain, incorporation and collaboration between the Porn websites and cryptocurrencies might result in a widespread development and usage of cryptocurrencies in the form of a currency itself. Even the porn websites are reaching out for the development of cryptocurrency by incorporating cryptocurrencies into their payment methods. The most popular porn websites which support cryptocurrencies are Naughty America, Pornhub, Xotica, Livejasmin, etc. In short, the privacy and widespread adoption by the porn websites and cryptocurrencies respectively is the precise reason for their interdependence on each other and hence they are striving to maximize the incorporation of each other for their betterment.
Putting that into consideration, AmaStar will develop their own blockchain platform with no commissions and high volume of transactions, allowing for efficient distribution of coins. Smart contracts will eliminate any human errors and make using the platform safe and enjoyable for everyone. AmaStar's unique algorithm will calculate the reward for each content piece based on its popularity. Complete transparency achieved by blockchain.
ABOUT AMASTAR
AmaStar is a blockchain-based platform where anyone can upload their own content and get paid for it. AmaStar's unique algorithm will calculate the reward for each content piece based on its popularity. Complete transparency achieved by blockchain.
AmaStar will transform the monetization of adult entertainment industry and create an intricate ecosystem that rewards all participants. AmaStar is a platform powered by blockchain that aims to tackle current problems in the adult industry and provide individuals with an opportunity to view unique amateur content and get paid for uploading their home videos, as well as provide advertisers with an opportunity to reach a highly targeted audience via inexpensive and transparent campaigns. In this paper, we outline the details of this vision and how we plan to realize it using the blockchain ideology of decentralization.
Vision
AmaStar aims to create an adult entertainment platform that will outperform all current projects in the industry. The main idea is to develop an ecosystem that benefits both end users and content creators, while rendering middlemen and intermediaries that take a lion share of the money obsolete. Imagine a live network where the customers choose what they want to see and play a vital role in sifting out poor quality content without any extra effort, while content providers are financially rewarded based on the popularity of their content. This system will motivate performers to provide better quality uploads, as it will directly affect their earnings. The adult industry has always been at the forefront of innovation, and we believe integrating blockchain will make it more secure, anonymous, fair and enjoyable for all participants.
Before we go any further, let's take a very good look at why AmaStar chose Blockchain... Stay tuned!
Why Blockchain?
Due to its transparency and guarantee of complete fulfillment of conditions enabled by smart contracts, blockchain is a breakthrough solution for the adult entertainment industry. Applying blockchain will guarantee that content makers receive exactly how much they deserve and provide complete transparency of the financial model of the company.
AmaStar will develop their own blockchain platform with no commissions and high volume of transactions, allowing for efficient distribution of coins. Smart contracts will eliminate any human errors and make using the platform safe and enjoyable for everyone.
Anonymity
Your reputation is safe with AmaStar conducting all payments in cryptocurrency ensures complete privacy as there are no names, payment details or credit card bills.
Payment processing
No more seized funds, frozen account or ‘high risk’ fees. AmaStar renders intermediaries and middlemen obsolete - meaning your payments will be safer, quicker and cheaper.
Fair rewards
Complete transparency in payouts achieved by blockchain. Rewards are calculated by smart contracts, eliminating any human errors. With AmaStar you will always get your fair share.
Fan Engagement
With AmaStar you choose what you want to see - content makers receive higher rewards for better content, motivating them to deliver exactly what users want.
The AmaStar Blockchain Platform
AmaStar will develop their own blockchain platform with no commissions and high volume of transactions, allowing for efficient distribution of coins. Smart contracts will eliminate any human errors and make using the platform safe and enjoyable for everyone.
Blockchain-Powered
User-Oriented
Completely Transparent
Totally Anonymous
Secure & Reliable
Fully automatized
How It Works?
Amastar strive to make their financial model as simple and transparent as possible. 90% of all advertising and private purchase revenue is distributed between content makers on a daily basis via a smart contract. 10% will be transferred to AmaStar’s wallet and will be used for sustaining and improving the platform.
One Platform For All Your Adult Entertainment
Photos
Browse a personalised feed of amateur nudes based on your preferences
Sort by various filters to find exactly what you want to see
Upload your own photos and get paid when people like it
Video
Watch unlimited unique amateur videos from any category, for free
Find exactly what you want by applying as many filters as you like
Share your own home videos and receive tokens when others watch them
Live Chat
Find ladies being naughty and watch them in real time
Ask for a private live show just for you
Let others watch you live and get paid for every view
Stories
Read erotic sex stories and secret confessions
Ask for a specific story just for you from your favorite author
Share your fantasies and get paid when others read them
Games
Play free pornographic flash games with no restrictions
Upload your own games and earn when others play
Token Details
Token: AS
Platform: Ethereum
Standard: ERC20
Quantity: 110,000,000 AS
Price: 1 AS = 0,1000 USD
Payment: ETH
Soft cap: 500,000 USD
Hard cap: 5,500,000 USD
KYC: Not
PreICO
Quantity: ?
Begining: 15.11.2018
Completion: 31.12.2018
ICO
Quantity: ?
Begining: 15.01.2019
Completion: 01.03.2019
The Utilization of The AmaStar Coin
AS coins will be used by customers, content makers, advertisers and other businesses as an internal currency within the platform. Customers will be able to use AS coins for:
Purchasing a Premium account with additional features
Asking for personalised content from other members
Sending tips to content makers
Watching private live shows
Content makers will earn AS coins which they will be able to exchange to other cryptocurrencies or fiat later, or hold in the account to enjoy extra bonuses. The amount of AS coins content makers receive will depend on popularity of their content that will be based on the following factors:
Number of views
Time spent watching or interacting with the content
User ratings (from 1 to 5 stars)
Token Distribution
60% Pre-ICO and ICO
15% Advisors, Founders & Team
10% Users Reward Funds
10% Operations
5% Bounty & Airdrop
Fund Allocation
35% Operations
35% Platform Development
25% Marketing
5% Legal & Administration
ROADMAP
Q1 2018: Idea born, market analysis
Q2 2018: Concept development, team formation
Q3 2018: Private pre-sale
Nov 2018: Release of MVP
Nov-Dec 2018: Pre-ICO
Feb 2019: Videos added to the platform
Mar 2019: Live shows added to the platform
May 2019: Release of own blockchain platform
Jun 2019: Release of mobile application
Jul 2019: Games added to the platform
TEAM
Valeria Hastings: CEO
Roman Wolf: CMO
Mikhail Novikov: CTO
Tim Siner: Head of Partnerships
Sangho Grolleman: Director of Analytics
Dmitry Marchenkov: IR manager
ADVISORS
George Khattar: Advisor
Kyriacos Matsangos: Advisor
Puma Swede: Brand Ambassador
For more information, please visit:
Website: https://amastar.net/#/
ANN Thread: https://bitcointalk.org/index.php?topic=5059925
Bounty Thread: https://bitcointalk.org/index.php?topic=5069942.0
WhitePaper: https://amastar.net/dist/Whitepaper.pdf
Twitter: https://twitter.com/AmastarOfficial
Facebook: https://www.facebook.com/amastarofficial/
Telegram: https://t.me/amastar
Medium: https://medium.com/@amastar
LinkedIn: https://www.linkedin.com/company/amastar-official/
Author: JigaMola
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1847143