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Topic: [ANN] HoneyX | The OnlyFans of cryptocurrency - page 3. (Read 469 times)

full member
Activity: 1848
Merit: 158
HoneyX is trading at all-time high (ATH). 3 million market cap in no time! Get in now to maximise your gains!

That's great news. Hope it will continue to go higher so when we get the airdrop it would be worth a lot!

HoneyX is up 120% in the last 7 days and still growing!

Seems that the team has funds to begin with and also, they can attract traders here. But wondering if they can indeed attract actual users of their platform. Cryptocurrency is a good payment for this type of business because you will maintain your anonymity if you know how to handle your crypto. So watching if this platform will really hit it off in the market, in terms of application and not ending up in trading only.
newbie
Activity: 59
Merit: 0
HoneyX is trading at all-time high (ATH). 3 million market cap in no time! Get in now to maximise your gains!

That's great news. Hope it will continue to go higher so when we get the airdrop it would be worth a lot!

HoneyX is up 120% in the last 7 days and still growing!
newbie
Activity: 59
Merit: 0
HoneyX is trading at all-time high (ATH). 3 million market cap in no time! Get in now to maximise your gains!
newbie
Activity: 59
Merit: 0
Starting in October, the company will prohibit creators from posting material with sexually explicit conduct on its website.

This shutdown is the opportunity of a lifetime for the crypto industry to create a platform that won’t crumble under the influence of payment providers.
newbie
Activity: 59
Merit: 0
Want to have a glimpse of our platform UI/UX design? Check out our Medium article now!
newbie
Activity: 59
Merit: 0
Check out our Telegram. Our HoneyX stickers are now out!
newbie
Activity: 59
Merit: 0
When are we getting the airdrop tokens?

Hi crypt0l0ve, tokens will be distributed after registration closes on 16 Sep 2021 (AEST).
newbie
Activity: 4
Merit: 0
When are we getting the airdrop tokens?
newbie
Activity: 59
Merit: 0
What is the HoneyX token used for?

6. Governance

Just like shareholders, tokenholders will be able to vote on important company decisions to refine and improve the business.
newbie
Activity: 4
Merit: 0
How do I get your airdrop?

Thank you for your interest in HoneyX. Please refer to our Twitter.

Great. I am doing it now.
newbie
Activity: 59
Merit: 0
What is the HoneyX token used for?

5. HoneyX Rewards

HoneyX members can take advantage of a unique reward-based system: exclusive rewards for top HoneyX holders. Rewards will include but not limited to (1) free exclusive access to certain content and (2) personalised NFT’s by the HoneyX team themselves.
newbie
Activity: 59
Merit: 0
How do I get your airdrop?

Thank you for your interest in HoneyX. Please refer to our Twitter.
newbie
Activity: 4
Merit: 0
How do I get your airdrop?
newbie
Activity: 59
Merit: 0
What is the HoneyX token used for?

4. HoneyX Staking

HoneyX will have a built-in staking mechanism on our platform (honeyx.io) which enables users to stake HoneyX tokens in exchange for our BeeX token which will be released at a later date. BeeX will be pegged at a 1:1 rate to the primary coin. This feature enables investors to not only hold a share of our platform, but passively generate income on the yield feature.
newbie
Activity: 59
Merit: 0
What is the HoneyX token used for?

3. Used to accumulate liquidity

There will be a 10% transaction tax every time a buy or sell transaction occurs which will be placed into the PancakeSwap liquidity pool.
newbie
Activity: 59
Merit: 0
What is the HoneyX token used for?

2. Used to pay for content

On HoneyX, every transaction uses the HoneyX token. We’ve eliminated the need for fiat currency, to provide privacy and anonymity.
newbie
Activity: 59
Merit: 0
What is the HoneyX token used for?

1. Ownership and direct profit stake in the HoneyX business

HoneyX earns revenue in the form of a 10% fee every time content is purchased, as well as from advertising revenue. Just like owning company shares, owning HoneyX tokens entitles you to a proportionate share of the profits every quarter. First profits are expected Q4 2021, which token holders will be able to track on the app. HoneyX operates in the adult content industry which is sized at about $100 billion in revenue per year and has been forecast to grow at a c.15% CAGR over the next 5 years. Based on our projections, we expect to generate
$117.6 million in revenues (with 100 billion tokens in circulation, this equates to $1,176 in annual profits per million tokens) by the third quarter of calendar year 2022, translating to a ~0.1% market share which we believe is conservative.

Comparable companies (see below) operating across the internet services and social media industry trade, on average, at forward 12-month sales multiples of 8.64x which implies a HoneyX market cap of $1 billion. This would place our Cryptocurrency in the top 65 and we believe there is still room to grow from there.
newbie
Activity: 59
Merit: 0
What is the HoneyX token used for?

Our token is the fundamental currency of exchange on our platform, giving the advantage of anonymity thereby allowing users to purchase and consume content without identity verification and or credit card details. It is also a token where token holders possess qualities similar to that of shareholders, for example sharing in the platform’s profits and providing input into major company decisions. HoneyX token holders also get access to exciting token features such as staking and farming privileges.
newbie
Activity: 59
Merit: 0
Why is HoneyX different?

3. Unique profit share and ownership tokenomics:

We’re not just another copycat coin. Holders of the HONEYX token will have privileges similar to those of shareholders of a company in the stock market. Tokenholders can participate in corporate governance decisions as well as share in the net profits of the platform on a quarterly basis. Buying the HONEYX token is like buying a share in the HoneyX business.
newbie
Activity: 59
Merit: 0
Why is HoneyX different?

2. Real experience in the adult industry:

Our core team includes active members of the adult content creation industry and ambassadors. Their direct experience provides valuable and critical insight into what the industry is missing, what it needs and the challenges faced by both parties - the creators and their patrons. We work with our ambassadors hand-in-hand to ensure that HoneyX’s design and its functions are industry-relevant. Furthermore, they are heavily incentivised to grow the platform and userbase through long-term incentive plans.

Read more about HoneyX at https://honeyx.io/wp-content/uploads/2021/07/honeyX-White-Paper-Final.pdf
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