About AmaStar
What is AmaStar?
AmaStar ia an adult entertainment platform with the ecosystem that benefits both end users and content creators. In our live network 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. We believe that blockchain integration will make it more secure, anonymous, fair and enjoyable for all participants.
What is AS token and what is it used for?
AS tokens/coins are the internal cryptocurrency of the AmaStar platform. The token will be used to incentivize and reward users.
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, etc.
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.
Why do you need blockchain?
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. Blockchain ensures these statistics can be trusted.
Execution is everything — does AmaStar have the skills and the capacity to realize this idea?
Yes, our team consists of highly skilled professionals with experience in both the adult industry and blockchain projects. Core members of the team can be found in the relevant section of our website, where you can find the contact details of each team member and read about them. Having analyzed our experience from previous successful projects, we know exactly what to do and how to make AmaStar the most popular platform in the industry.
Do we really need another porn website? Isn’t the industry already highly sufficient?
To this day there are a lot of problems in the industry, including anonymity, payment processing, fan engagement and unfair rewards to content makers. And sadly many of the top players in the industry ignore or even contribute to these problems. We believe in making a truly revolutionary project that will stop people from visiting the same site out of habit and choose something that is genuinely better. Once our final platform is released, there will be no questions about its advantages over competitors.
AmaStar ICO
What are the calculations behind the hard cap of $5.5m?
Our hard cap is estimated to cover the costs of supporting the platform for 2 years. Table below outlines estimated expenses for this period.
What are the dates of the token sale?
Pre-ICO: 15 November 2018–31 December 2018
ICO: 15 January 2019–1 March 2019
What is the total amount of AS tokens and how many are available for sale?
Total supply — 110 000 000 AS
Tokens for sale — 66 000 000 AS
What is the price of AS tokens?
1 AS = $0.1
What will you do with unsold tokens?
All tokens unsold during the ICO will be burned, and the remaining tokens reserved for operations, team, etc will be burned proportionately
Are there any restrictions when purchasing tokens?
AmaStar is a global project and open to everyone, however national laws apply. It’s up to the individual to check locally whether or not they can contribute. More information about this can be found in Terms of Sale on our website.
Are there any bonuses for early participants?
Pre-ICO participants will receive a bonus from 20%. There will be no bonuses during the ICO stage.
Can I receive a larger bonus?
We are ready to consider additional bonuses for strategic contributors. Please get in touch with us for additional information.
Is there a vesting schedule for the company’s tokens?
Advisors’ tokens will be locked for 6 months;
Founders’ and team’s tokens will be locked for 12 months;
25% of operations tokens will become available every quarter, i.e. 2.750.000 AS will be locked for 3 months, 6 months, 9 months and 12 months respectively.
Is there a breakdown of how the funds raised from the ICO will be utilized?
All funds raised during the crowdsale will go towards the development and promotion of the AmaStar platform.
35% — Platform development: these funds will be used for hiring skilled developers, servers and building our own blockchain platform and its components.
35% — Operations: these funds will be used to cover the costs of renting an office, day-to-day operations and hiring a strong team of professionals.
25% — Marketing: these funds will be used to promote the platform, attract customers and increase brand awareness.
5% — Legal and administrative: these funds will be used to develop a reliable legal basis for our platform.
Purchasing AS tokens
Is there a minimum and maximum contribution?
The minimum is 0.1 ETH. There is no cap on contributions during the pre-ICO stage. Individual caps for the ICO stage will be announced later.
Can I send ETH to AS smart contract address from an exchange?
No, please do not send ETH from exchanges. You can use any ERC-20 compatible Ethereum wallet.
Which cryptocurrencies are accepted during the sale?
Since AS is an ERC-20 token and the token distribution is done instantly via a smart contract, we can only accept ETH.
When will I receive the AS tokens I purchased?
Immediately after purchase.
I’m not seeing AS tokens in my wallet. How can I add them?
You will have to set up AS as a custom token on your ERC20 wallet. Below you’ll find the info you’ll need to enter:
Address: 0xe719fd211b6c809496f2d6a92b8c94819b148b59
Decimals: 8
Token Symbol: AS
Do I need to complete KYC?
KYC is not necessary during the pre-ICO period. KYC will be mandatory during ICO, more details on this will be available later.
Other
Is there an MVP? Can I test the platform before I contribute?
MVP of AmaStar platform will be released before the main ICO so everyone can test how the plarform works. MVP is currently being developed, so early participants receive a bonus for their trust in the project.
Is there a bounty program or airdrop? Where can i find info about it?
Airdrop is live now, you can find all the information here — https://bitcointalk.org/index.php?topic=5059928. Bounty program will begin shortly, please follow us on social media not to miss an announcement.
Do you accept cooperation proposals?
Yes, please send your proposals to info@amastar.net.
