AmaStar

INTRODUCTION

Today I will be elaborating on a very new project, a new platform with huge potential, something extraordinary deemed to change or make reforms in the blockchain.

Blockchain is gaining momentum in today's world and despite all the benefit of the blockchain, there are shortcomings. The current blockchain network comes with big computational overhead and low finality, network architectures cannot handle billions of interactions that IoT device makes every day, Issues of a low amount of transactions at a time and expensive transfer cost. The current blockchain has been plagued by all these issues and massively requires a reform Hence, AmaStar designed to address all these shortcomings effectively, its solution offers highly scalable features to organize information received on its network.

The high level of anonymity provided by the cryptocurrencies has opened gateways for 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 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.

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 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 the 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 the 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 strives 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

Pre-ICO

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)