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PREAMBLE

A storm has hit the investment market which we are not going to recover from. Crypto investment is that storm. With strict capital controls in place by most countries to control the flow of money and charge high taxes, cryptocurrency gained usage in circumventing capital controls and taxes, leading to an increase in demand. Cryptocurrency has been able to present an easy to use digital alternative to fiat currencies. Offering frictionless transactions and inflation control, investors have been prudent enough to add these currencies in their diversified portfolios as an asset, as the size of the market does not represent a systemic risk. Cryptocurrency employs the use of cryptography that assures high-security processes and verifies transactions personal to each user. Hence, counterfeiting and anonymous transactions are impossible to achieve.

While this revolution is gaining wide acceptance, AmaStar, a blockchain-based platform where anyone can upload their own content and get paid for it has arrived.

Cryptocurrency is known for its anonymity. This lends itself well to industries in which privacy is attractive. One such industry is that of the adult entertainment. Or, rather more specifically, pornography-related business.

"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.

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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.

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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

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Token Distribution

60% Pre-ICO and ICO

15% Advisors, Founders & Team

10% Users Reward Funds

10% Operations

5% Bounty & Airdrop

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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

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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

Meet The Amazing Team

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Valeria Hastings: CEO

Roman Wolf: CMO

Mikhail Novikov: CTO

Tim Siner: Head of Partnerships

Sangho Grolleman: Director of Analytics

Dmitry Marchenkov: IR manager

Advisors

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George Khattar: Advisor

Kyriacos Matsangos: Advisor

Puma Swede: Brand Ambassador

Be a part of this incredible project. Download the whitepaper for the full scoop.

Till next time…

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/

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Author: TheMichaelMatch

My BitcoinTalk Profile: https://bitcointalk.org/index.php?action=profile;u=1326035

Disclaimer: This article was published in terms of the bounty campaign. I am not a project team member or its representative but a supporter of this incredible project.