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Sougar Bounce x Satoshi Club AMA Recap from the 15th of March

Hello, Satoshi clubbers Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Sougar Bounce and our guest was . The AMA took place on the 15th of March.

The AMA session was divided into 3 parts with a total crypto reward pool of $500

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

Jonah 🏅🎹 | Satoshi Club

Hello Dear Satoshi Clubbers Welcome to our AMA session with Sougar Bounce

Robocop | Satoshi Club

Today our special guests is @NRay84

Welcome to Satoshi Club!

Jonah 🏅🎹 | Satoshi Club

Hello @NRay84 welcome to Satoshi club

Jonah 🏅🎹 | Satoshi Club

Hello welcome

Navin Ray

Hello everyone ,

Its a pleasure meeting all of you. Thank you for hosting this AMA

Jonah 🏅🎹 | Satoshi Club

We are Glad to have you here

How is your day going?

Robocop | Satoshi Club

Welcome to Satoshi Club @NRay84, how are you today?

Navin Ray

Its going well. Just a little bit hectic our Sugar Streams beta went live a couple of weeks ago and its been very exciting

Jonah 🏅🎹 | Satoshi Club

Exciting

Let’s start our AMA

Navin Ray

Sure

Robocop | Satoshi Club

We are so excited to do AMA with Sugar Bounce Lets Start !

Jonah 🏅🎹 | Satoshi Club

Can you please introduce yourself to us how you got into crypto and how sougar Bounce started?

Navin Ray

I’m Navin Ray. I am the CEO of SugarBounce. I used to work in the adult industry for more than 10 years.

As with most crypto enthusiasts, my journey also started with the OG — BTC. It was about 2017 when I got acquainted with Bitcoin, then invested a little bit and then spent a lot of time reading about blockchain and crypto currencies and realized how the adoption of this technology in the industry I was working in would change the way the adult industry runs.

Two of my devs are from my previous organization. I have known them for a while and when I told them that I would be starting this project, they decided to join me on this journey and that is how SugarBounce was started.

Navin Ray

Done

Jonah 🏅🎹 | Satoshi Club

Great Background

How many people do you have working on this project?

Robocop | Satoshi Club

Thats great background and experience !

Navin Ray

We have a total team of 10 people in house and another 10 working on a contractual basis. We block chain developers , streaming engineers, designers. Our Head of Talent — Sabien , Head of Outreach — Diana and Coach for models — Genny are all current Cam Models. If you see, this is actually the perfect team with the right set of skills to ensure the success of our project SugarBounce.

Robocop | Satoshi Club

That’s a great team ! by the way what is Sugar Bounce ? can you introduce to us ?

Navin Ray

Sure.

SugarBounce is an ecosystem of 6 different platforms which will bring all kinds of online adult entertainment under one roof. It is a merger of two worlds: adult and crypto. The platform is geared towards making the lives of people working in the adult industry better and will bring in an amalgamation of P2P streaming, IPFS, and NFT Tech to bring a never-seen -before experience to viewers.

Navin Ray

Done

Robocop | Satoshi Club

Thank you for the great introduction !

Jonah 🏅🎹 | Satoshi Club

Thank you for the introduction

We will like to dig in further with our community questions are you ready?

Robocop | Satoshi Club

Are you ready for the part 1 for 6 question from our community?

Navin Ray

Absolutely lets go for it

Robocop | Satoshi Club

Q1 From telegram user @victorogb

When it comes to projects with contents built around themes of NSFW entertainment, users and particularly investors are kin to know the kind of artists/models, contents and products put out by such projects. On the backs of this, SugarBounce will offer its Streams dApp, which is said to already have 100 models unboarded, is developer tested and will include other premium features. Dwelling on this, can you briefly guide us through some of your models and sort of services that will be offered, and how was SugarBounce able to successfully unboard 100 models? Are there plans to add more? Also, asides your models and the contents they offer, how can a user optimally benefit from your Sugar Streams dApp, what other DeFi feature is incorporated therein?

Navin Ray

Well to start with we have a lot of award winning or nominated models like Arthur Eden , Ashley Ace , Sara Croft , Barebackpackers and even Sabien Demonia who apart from being a cam model is also our Head of Talent. As to how we went about getting these 100 models , its relatively simple we already had contacts in the adult industry and when we spoke to the models about the platform they all decided to put their faith in our platform and join up. We also offer models a signing bonus and a streaming salary to join us and have ads out in most of the adult industry publications so the models see that and approach us directly as well. The plan is to have as many models join the platform as we can there is no limit on that.

Models and their content are the main feature of Sugar Streams but for users who stake $TIP on https://app.sugarbounce.com/ get access to exclusive VIP features on the platform and invites to exclusive events that we host.

Jonah 🏅🎹 | Satoshi Club

So do you currently have an opening for interested Models to reach out to you?

Navin Ray

We do and I am happy to say more an more models are reaching out to us everyday

Robocop | Satoshi Club

That’s great Thank you for your answer !

Jonah 🏅🎹 | Satoshi Club

Great

Thank you for your Answers

Let’s proceed to the next question now

Robocop | Satoshi Club

Q2 From Telegram User @GracieEne

You said your goal is to empower content creators with the tools to develop and distribute their contents to the masses using the Sugar Ecosystem. Can you enlightened us more about these tools? How will you go about empowering content creators using these tools? Are there specific skills you want to teach them? You also said that top creators who bring maximum amount of traffic and revenue to SugarBounce will be rewarded. What are some of the mechanisms creators can use to bring traffic? In what ways will they be rewarded?

Navin Ray

We are introducing the models to crypto, a world where they don’t have to be discriminated at the hands of banks and payment processors , a world where they have NFTs backing their content so they can have ownership of it and get passive income even after the leave the industry , a world where their anonymity is protected and a lot more. These tools will empower them and usher in a huge change in the adult industry.

Models can use their considerable following on social media to bring in traffic or use affiliate links that they can post on blogs and other places which bring in more users. They get a direct fee on every new user that they bring to the platform

Jonah 🏅🎹 | Satoshi Club

This is Impressive

Thank you for your Answers

Do you want to add anything to this?

Robocop | Satoshi Club

Thank you for the answer, are you ready for the next question?

Robocop | Satoshi Club

Q3 From Telegram User @meml97

One of the biggest problems the Adult Industry has faced since its beginnings is the piracy and poor copyright protection of the content. However, I saw that this is one of the problemas SugarBounce will try to solve with its platform, can you tell us more about it? How will you be able to fight against content piracy? How will you help creators on the platform protect their work? What kind of security systems to protect their copyrights will you implement in SugarBounce? Speaking of which, I was wondering, will this copyrights only belong to creators or will SugarBounce receive some rights from their work being on your platform as well?

Navin Ray

We have DRM for this. DRM is Digital Rights Management. It works by restricting playback of a file solely to users who

have authenticated with a third-party DRM license server. DRM accomplishes this by including, or packaging, a DRM header in the segments of the file. The DRM packaging includes the information required to contact the license server and any encryption

information needed to play a file. In the Sugar Architecture, the video is transcoded and then sent to a trusted DRM service provider to become secured. This is then sent over to our CDN where only authorized viewers are able to view the video. We will be backing all their content with NFTs so models have ownership of it at all times.

Jonah 🏅🎹 | Satoshi Club

So was DRM developed by sugar finance and what is the CDN all about?

Robocop | Satoshi Club

Do we possible to trade buy/sell Sugar Bounce NFTs ? do you have your own NFT Marketplace ?

Navin Ray

Well there are DRM software already available that you can integrate but if need be we will develop our own.

Jonah 🏅🎹 | Satoshi Club

Great

Navin Ray

Sugar Markets is going to be our NFT marketplace which we will launch at the end of the year where anyone can buy sell NFTs and not just normal NFTs but also utility NFTs

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answers

Let’s proceed to the next question

Robocop | Satoshi Club

Impressive!

Thank you for the answer ! do you want to add something or we can go to next question?

Navin Ray

I am good we can move on.

Robocop | Satoshi Club

Q4 from Telegram user @highpee

You said that your token model is different from general token design as it is based on actual performance of your platform which would allow you to increase total token supply based on certain Key Performance Indicators (KPIs). Can you explain more about the mint-and-burnt attribute of your contract that can cause additional tokens to be minted on a monthly basis? What are these KPIs that you evaluate to justify continuous monthly minting of token and who approves the minting of token into circulation as your platform grows? How will you be able to strike a balance between inflationary token supply and achieving a healthy token supply to maintain value? Lastly, how are you sure these window will not be exploited to mint several copies of your token which may later be dumped on the community?

Navin Ray

What we have come up with is a performance-based token, $TIP, where we linked token generation with token adoption. So only and when there would be models onboarded on the platform there can be any kind of token generation into the ecosystem, otherwise, there would be no tokens that would come into the ecosystem other than that available for private sale and crowd sale. As per our data from our work in the adult industry every model brings with them 1000 to 2000 unique users to the platform. So every model that we onboard is not only bring new tokens but also holders of those tokens.

$TIP is a completely deflationary asset. Our maximum supply is fixed to 199 million tokens. Its in the smart contract so no tokens would be minted beyond that but the maximum supply may or may not be reached if models don;t come to the platform. Also from upto 25% of the net profits we will be buying back and burning tokens so the supply of the tokens is always decreasing and can never reach the maximum supply. Its purely deflationary.

Jonah 🏅🎹 | Satoshi Club

Thank you for your detailed answer

Robocop | Satoshi Club

Thank you for the detail answer

Jonah 🏅🎹 | Satoshi Club

Let’s proceed to the next question now

Robocop | Satoshi Club

Q5 from Telegram user @Xusuo

It takes my attention that SugarBounce have VIP feature for their member, but what makes VIP feature really special and exclusive? Can you please mention here all benefit if we join VIP access in SugarBounce? also what should a user do or what are the requirement for join into VIP access SugarBounce?

Jonah 🏅🎹 | Satoshi Club

By the way Satoshi Clubbers their will be a surprise at the tail end of our AMA

Pour in your reactions to this post

Navin Ray

Well VIP features include private messaging , access to private shows , cam 2 cam features and invites to exclusive metaverse parties and real live ones as well.

You can become a VIP member by staking 500 $TIP in the VIP pool on https://app.sugarbounce.com/

Jonah 🏅🎹 | Satoshi Club

Thank you for your Answer

We will like to proceed to the last question for this part are you ready?

Navin Ray

Ready

Robocop | Satoshi Club

Thank you for the answer, let’s continue to last question from part 1

Robocop | Satoshi Club

Q6 from Telegram user @thisistoyin

“Hello Sugar Bounce Team.

It was quite interesting to see that One of the reasons you decided to launch with Sugar Streams is that users of adult cam sites actually go through the process of buying tokens to tip performers. & I Understand that your Token $TIP is A Necessary Requirements for Everyone who wants to Use your Platform, and that you will have payment options for both Normal users and Crypto users, but the privileges for people using $TIP as payment will be far more than that of the normal users. Hence, i would appreciate it if you could give Clear Elaborations on these two type of Users inormal & Crypto Users) in your ecosystem, & What Sort of Incentives or Benefits does the Normal and Crypto Users possess? And how can we easily buy the $TIP token? Thanks

Robocop | Satoshi Club

Yes ! Satoshi Clubber love surprise . Don’t miss this opportunity !

Navin Ray

Well once we open for the normal public and have both normal modes of payment for normal users and payment in $TIP for holders of our token the pricing for both would be different as in holders of our token would get discount pricing and higher level of access than normal users. We are hoping when people see this more an more normal users would end up buying $TIP to pay because who doesn’t like a good deal

You can buy $TIP on –

1) Pancakeswap — https://pancakeswap.finance/swap?outputCurrency=0x40f906e19b14100d5247686e08053c4873c66192

2) gate.io — https://www.gate.io/trade/TIP_USDT

Jonah 🏅🎹 | Satoshi Club

Can you share with us the tokenomics of $TIP

Navin Ray

Sure.

You can read all about our tokenomics here –

https://sugarbouncecrypto.medium.com/sugarbounce-tokenomics-20643ccb7519

Jonah 🏅🎹 | Satoshi Club

Thank you for sharing

This wraps up the first part of our AMA

Robocop | Satoshi Club

Thank you for the answer! it has been an amazing time in this first part of the AMA

Jonah 🏅🎹 | Satoshi Club

We will now like to proceed to the second part

Robocop | Satoshi Club

Before we open the chat, can you please share the important link or social media

from Sugar Bounce?

Navin Ray

Sure

Navin Ray

Website:- https://SugarBounce.com/

Twitter:- https://twitter.com/SugarBounceNSFW

Medium:- https://SugarBouncecrypto.medium.com

Announcements: https://t.me/SugarBounceAnnouncements

Telegram — https://t.me/SugarBounceNSFW

Staking — https://app.sugarbounce.com/

Instagram — https://www.instagram.com/sugarbouncensfw/

Jonah 🏅🎹 | Satoshi Club

Chat will be opened for 120 secs and our users will ask you their questions directly, are you ready for them?

Robocop | Satoshi Club

Thank you ! Now we will open chat for 2 minutes and then chat will be closed –

you can start select 10 best questions !

Part 2 — live questions from the Telegram community

Q1 from Telegram user @TarJan208

What are the criteria & Eligibility to signup on your platform?
How will You verify all the Personal Infomation & background of the Artist?

Navin Ray

We do a comprehensive KYC for all models and performers signing up on the platform to ensure no underage models join the platform. You have to be above the legal age to join the platform that is the sole criteria.

Q2 from Telegram user @Lestmarisv13

SugarBounce’s native engagement pool has over $2.9 million TIP staked, which has been amazing to see how people actually believe in the project. Can you tell us more about the SugarBounce staking program? What are the requirements to access this program? Advantages?

Navin Ray

A) Staking $TIP is quite simple. All you have to do is:

  1. Go to: app.sugarbounce.com and Connect your Wallet
  2. Select the pool of your choice and enter the amount of $TIP you want to stake
  3. Click on Deposit, a MetaMask pop-up window will appear — follow the instructions to complete the transaction.
  4. After successful completion of the transaction, your $TIP tokens will be locked into the platform for the duration of the period selected and you can earn APRs of upto 250%
    As for our VIP stakers — Users who stake in the VIP pool will not only get access higher APR but also will be able to get premium features on the upcoming Sugar Streams dApp.

Q3 from Telegram user @Akira236

Platform has onboarded 1000+ Performers on Sugar Streams Platform,
In Coming times, what number would you like to to Reach?
Have you set any target?

Navin Ray

Well we have right now onboarded 100+ models but eventually the goal is to have as many models as possible. Just a small example a project in the traditional realm that launched about seven months back has over 7000 models now. So if done right there is a huge upside to the number models that we can onbaord.

Q4 from Telegram user @munishgmr

Have You planned to Collaborated with Popular Adult Artist?
Or Is there any Collaboration already done?

Navin Ray

We have kiki Minaj , Blondie Fesser and Alix lynx already onboarded as ambassadors and some even more bigger names on the way

Q5 from Telegram user @DEZPOV

What is the minimum I have to spend to buy $TIP tokens? What benefits will I get if I hold the $TIP token? and can you tell me at which exchange the $TIP token is available? Can you give a brief about this?

Navin Ray

Holders of our token get access to a lot of features and access on Sugar Streams.
You can buy $TIP on
https://www.gate.io/trade/TIP_USDT
https://pancakeswap.finance/swap?outputCurrency=0x40f906e19b14100d5247686e08053c4873c66192

Q6 from Telegram user @Shallalaaa

Do you consider the importance of community feedback/requests when developing your product to come up with new ideas for your project? Many projects fail due to the lack of understanding of the target audience and clients. So, who do you think your ideal customer is for your product?

Navin Ray

Yes we do. Anyone from the community any user or even performer can send their feedbacks to team@sugarbounce.com
Our ideal customer is anyone who enjoys watching adult content online which I can confidently say most adults

Q7 from Telegram user @AMAl111222000

Is your Project a local and a global project. How many People do you have for non english user? Can anyone uses your services from anywhere in the there are any restrictions of using your service?

Navin Ray

Our project is global . We have different language models on our platform like french and german and plan to have separate rooms for all such users

Q8 from Telegram user @K2ice

I learnt that OnlyFans are already seeking to to branch out from adult contents. This means that one of your competitors is already out of the game. What do you see to this? How best will you make use of this advantage? And is it possible also for Sugar Bounce to branch out of adult contents later in the future?

Navin Ray

OnlyFans seeking to branch out is a huge oppurtunity for us. We have already started to reach out adult content creators who feel betrayed by this. Sugar Pals will be a content agnostic platform, we will never discriminate on the basis what kind of content the creators put out.

Q9 from Telegram user @MCBTrade

Most of the crypto projects are projects that move a traditional system to the blockchain field. Therefore, they have to both develop in the crypto space and attract customers/users from the traditional space to their platform. We are the people who believe that the concept that we define as the “traditional area” will disappear over time and that it will be completely switched to the blockchain system. But a much larger audience is still far from crypto. How did you analyze this table and how did you attract people who are interested in adult content to your platform? In this process, has blockchain given you an edge over your

Navin Ray

Well adoption is what most projects are looking to do because the only way to ensure your project is successful is to have normal users switching over. As i explained earlier there will be discount pricing and more access to convert people to crypto users but yes blockchain definitely gives us an edge over all the competitors in the traditional realm

Q10 from Telegram user @Super Man1000

The community is an essential resource for every project. How are you going to educate the community that the Sougar Bounce project you offer them is long term? Do you have the funds and a strong team to be able to develop this project in the future?

Navin Ray

We try to by showing development, our roadmap our vision. Any good protocol takes a little time to mature and there are always people looking for overnight success but i think almost all community members understand that real growth only comes with long term holding that is why we so many stakers in our VIP pool

Part 3 — Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

For more information and future AMAs, join our Social Media channels:

English Telegram group: https://t.me/Satoshi_club/
Russian Telegram group: https://t.me/satoshi_club_ru/
Spanish Telegram group: https://t.me/satoshi_club_spanish/
Telegram Channel: https://t.me/satoshi_club_channel/
Twitter: https://twitter.com/realsatoshiclub/
Website: https://esatoshi.club/

Our partners:

Website:- https://SugarBounce.com/
Twitter:- https://twitter.com/SugarBounceNSFW
Medium:- https://SugarBouncecrypto.medium.com
Telegram — https://t.me/SugarBounceNSFW
Instagram — https://www.instagram.com/sugarbouncensfw/

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