SUGARBOUNCE: NSFW Content in an NFT-Powered World
Centralization of power makes it very difficult for adult artists to stand against the inequity they face. In reality, big distribution companies control the entire ecosystem and exploit these adult artists, by generating significant revenue at the expense of their hard work. On top of it, an uncompromising and prejudiced society seldom raises a voice against the wrongdoings that adult artists suffer.
So, is there no way out?
Well, the good news is that there is! Blockchain-based platforms such as SugarBounce are emerging as an answer and a much-needed respite to those mentioned above. SugarBounce is a revolutionary marketplace where users can buy, sell, and trade adult art in the form of NFTs. In doing so, NFTs are proving to be the new LIT!
The Role of NFTs in the Adult Industry
NFTs are the current talk of the commerce sector because they bestow non-fungibility to assets, giving them the “one-and-only” stature. Let’s find out why NFTs in the NSFW industry is the way to go.
- A Better Financial Model
NFTs run on the blockchain, and cryptocurrencies govern the blockchain network. This decentralized system eliminates the need of a central authority , that have custody of the user’s deposits and hence transactions take place outside the scope of banks. This means financial proceedings need not face disruptions owing to the strict regulations of banks.
- An Opportunity to Thrive Independently
NFTs give NSFW creators the freedom to build their brands independently. To provide you with an example, Cryptonatrix sold her NFT on Rarible for 1 Ethereum, which was worth $1772. No wonder many artists are leveraging the power of blockchain technology to run businesses on their terms.
- A Better Medium for Securing Your Work
You could be registered with an online platform, but is there any guarantee that it won’t shut down? Minting an NFT is an excellent alternative to securing your work. They can be sold in auctions for collectors to bid on or purchase, and the sale of NFTs unlock new revenue streams for creators.
- Impossible to Duplicate
NFTs are as unique as fingerprints. None except the person who mints the NFT can claim ownership of the work. Even if someone produces copies of the NFT, the ownership can’t be transferred.
The NFT Framework of SugarBounce
SugarBounce is decentralizing the process of creating adult content by returning the power to its rightful owners — the NSFW creators. When it comes to NFTs, SugarBounce has taken the game up a notch by benefiting both creators and users. Sounds thrilling? We have more!
- Building an Efficient Platform for the Movement of NFTs
SugarBounce’s NFT platform is built on ERC-721. It creates an efficient framework for creators to launch an NFT and earn perpetual income from its resales. On the other hand, collectors can trade, borrow, lend or lease them without worrying about possible frauds.
- Introducing the Possibilities of Co-owning an NFT
The platform is doing something new in terms of owning an NFT because it allows investors to become co-owners. To make it clear, artists can propose and open a project for crowdfunding through the SugarBounce platform. Investors who fund this project will co-own an NFT that represents the project, along with the creator. Now isn’t that equitable distribution?
- Earning Royalties on Future Sales
When you create an NFT on a marketplace, you are given the option to enter the percentage you would like to charge for future resales. Nothing goes under the radar as blockchain makes each transaction transparent.
- Complete Control Over Rates
You can set a fixed price for your NFT, or if you want to auction your work, you have the power to set the highest bid. So, there’s no need to depend on big agencies deciding on your “cut.”
To Conclude
Sugarbounce is working to restore power to those who are immediately associated with the industry. They are the artists and their crew and the consumers who continue to fund the industry. From creation to execution to settling bills, everything happens directly without the need for intermediaries.
With blockchain and NFTs, creators have sole control over what they want to sell and how they wish to sell it. Consumers can invest in exclusive content and profit from their resale value. So, if you want to enjoy the bounty, now is the time to join the platform.
