The Fever about cryptocurrency is increasing, people have heard about it, and more and more people want to find more about it, and find a way to be a part of it. When blockchain technology came, so many things changed, for better, we say. So many businesses have improved, so many companies have started using crypto currencies in their work. The new ideas are coming every day. People want to invest in the new projects. We have the biggest tool in the world, and it is called the Internet. The internet is an enormous base of information where we can do anything. Internet has connected the entire world.
Because of the access to the internet we are able to get information about one of the most incredible crypto-project which is known as Ama Star
"Porn websites and cryptocurrencies seem to be having a very strong relationship with each other. this might be related to one of the attributes of cryptocurrencies which is its anonymity. Prior to the cryptocurrencies, the citizens used to use their traditional Fiat currency transfers to avail a number of premium memberships on such websites which would sometimes render them embarrassment, as the bank transfer statements would contain the details of all the transactions. The high level of anonymity provided by the cryptocurrencies has opened gateways for an increased traffic and acceptance of the porn services throughout the world.
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."
With that being said, 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.
Now that I have your attention, let’s get right to it.
What exactly is AmaStar?
As said earlier, 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.
The 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.
Why AmaStar Chose Blockchain?
Due to its transparency and guarantee of complete fulfilment 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.
About The AmaStar Blockchain Platform
As depicted above, 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
The Economic model
Each day funds received from advertisers and users will be redistributed between all content makers that uploaded something during that day. AmaStar will keep 10% of those funds for operations and further promotion of the platform.
Every day a total amount of coins the platform receives will receive for ads will be divided by the total number of points collected by content makers, determining the price of each point for this day. Then at 00:00 UTC coins will be transferred to respective participants via a smart contract, and all points will be nullified. Therefore, coin distribution formula will be as follows:
Where
A= total amount of coins received from advertisers
B= total amount of points collected by all content makers
C= total amount of points collected by a particular content maker
D= total amount of coins a particular content maker will receive
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
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
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)
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 : Maniecool
Bitcointalk profile link: https://bitcointalk.org/index.php?action=profile;u=1692995
