ICO and Pre-Sale: Sugar Dating Meets Blockchain
The use of Blockchain technology generates some strategic competitive advantages for Dating With Benefits. The users of the platform can be offered services that are missing from the competition.
For example, the blockchain-based verification of new users will shut out fake accounts and bots, according to the company. The Blockchain enables a decentralized management of user data and is therefore immune to hacker attacks in the style of those on “Ashley Madison”.
Sugar Daddies can send their Sugar Babies SUGR Coins in advance of a date. The recipients thus enjoy additional security with regard to material benefits. It will be possible to make SUGR mandatory for planned meetings — and to lose the right to it by not showing up for a date. This increases security for both parties.
Dating with Benefits uses smart contracts that allow users to create a “sexual consensus”. Prior to a date, both users have the opportunity to sign a smart contract and declare that sexual acts are never mandatory and that each party has the right to say no or change their mind at any time. If the date is good, users can agree on sex using a different Smart Contract. This is to avoid misunderstandings and inconvenience in the meeting of two strangers.
There will also be a positive reputation system and incentives for Sugar Babies.
The use of the platform will be free for Sugar Babies. Sugar daddies will pay a small monthly fee. Transactions on the platform also incur a 1% fee.
The company has written a detailed white paper detailing the capabilities of the platform.
The Future of Sugar Dating
