Topic: [ANN] HoneyX | The OnlyFans of cryptocurrency (Read 429 times)

HoneyPool - Frequently Asked Questions (FAQs)

3. Are there any charges incurred, or taxes, for staking or withdrawing my stake?

NO. You will not incur any charges or taxes for depositing or withdrawing your funds from HoneyPool, apart from gas fees.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool - Frequently Asked Questions (FAQs)

2. Is the reward fixed, or will it vary?

The $HONEYX token reward is variable. Since returns are based on multiple factors including, the number of tokens staked, staking period, and the total amount deposited, these dynamic factors will affect your token rewards.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool - Frequently Asked Questions (FAQs)

1. Will there be an impermanent loss?

There will be NO impermanent loss. HoneyPool is not a dual-asset liquidity pool on PancakeSwap.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool

C. Claim Your Rewards At Programme End

1. Click on ‘Withdraw’ at the top of the page.

2. Click ‘Claim’.

3. Confirm the transaction on MetaMask.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool

B. Unstaking

1. If you want to unstake, click on ‘Withdraw’ at the top of the page.

2. Enter the amount of HoneyX tokens that you would like to unstake. Then click ‘Withdraw’.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool

You can also access HoneyPool on mobile. If you are an Android user, simply open MetaMask or TrustWallet, then click on browser and enter https://pool.honeyx.io/#/stake/. If you are an iOS user, you may only use MetaMask as TrustWallet no longer supports an in-app browser.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool

A Step-by-step User Guide

A. Staking

1. Go to https://pool.honeyx.io/#/stake/

2. Connect wallet.

3. Click ‘Approve’.

4. Enter the amount of HoneyX tokens that you would like to stake. Then click ‘Deposit’.

5. Confirm the transaction on MetaMask.

6. Refresh the web app and you should see be able to see the amount of HoneyX tokens that you have staked so far. You can unstake at any time. You should now be able to see the reward rate per hour, which is unique to each user and variable over time.

7. The ‘Earned’ amount tells you the number of HoneyX tokens that you are going to receive at the end of the program. The number refreshes every 15–30 seconds. The amount of reward varies according to the number of people staking and the number of HoneyX tokens staked.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool

To illustrate, here are some examples;

Scenario 1: Say you have staked 100 million $HONEYX tokens for 18 days and are the only person staking on HoneyPool. Your rewards for this period will be 64.8 million $HONEYX tokens. When you withdraw your stake, you will receive the principal amount (100 million tokens) instantly and the reward (64.8 million tokens) at the end of the program.

Scenario 2: Say, multiple users, Anita and Britney stake 30 million and 70 million $HONEYX tokens, respectively. After 10 days, from the 36 million $HONEYX tokens, Anita will claim 10.8 million and, Britney claims 25.2 million at the end of the campaign.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool

Redeeming Rewards

Users who stake on HoneyPool can withdraw their staked tokens at any time during the campaign at no extra charges. All participating users will then claim and receive token rewards proportionate to their staking period at the end of the campaign.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool

Project Duration

HoneyPool is a time-limited campaign that will run for only 30 days, starting 18 Sep 2021. This program is designed to reward HoneyX’s early investors through huge staking returns and attract more users to the project.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool

Daily Rewards

HoneyPool will release a 3.6 million $HONEYX token reward every 24 hours to participating users. The tokens will be distributed based on an automated formula. This method evaluates users’ returns based on the amount they stake, the duration of the stake, and its proportion to the amount of tokens staked by other users in the same period.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

HoneyPool

Staking on the Pool

To get started on HoneyPool, you need to hold $HONEYX tokens in your BSC wallet, then proceed to deposit your tokens on the pool. Holders who stake on HoneyPool will earn rewards proportionate to their holdings.

Read more at https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9.

How to stake exactly? Watch the tutorial at https://twitter.com/honeyxofficial/status/1439197517753864195.

We are proud to announce that HoneyX's Staking Platform is LIVE! Earn passive income by Staking your HoneyX tokens!

Stake here: http://pool.honeyx.io/#/stake/

Learn more: https://medium.com/honeyx/honeypool-is-here-earn-passively-by-staking-honeyx-tokens-90cc611084f9

The registration period for the official HoneyX Airdrop event has ended. The first 5,000 valid entries will receive 10 thousand tokens in the coming days!

Comparable companies (see our white paper) 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.

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.

Is supply of $HoneyX limited?

Yes. There is a capped supply of 100 billion HONEYX tokens. The distribution schedule has been written into the smart contract (or source code), and it is not possible for the team to make changes to the code.

How does #HoneyX encourage hodling?

$HoneyX is a token that rewards holders and penalises sellers, which encourages steadier price action in the long term. 10% of any buy or sell transaction via PancakeSwap will be redistributed into the liquidity pool and there will be an anti-whale feature (failure of any transaction >2% of supply).

What does the HoneyX platform support?

6. HoneyX NFT

Create your own limited edition NFTs to sell or auction (or giveaway!) in the Beehive Boutique.

What does the HoneyX platform support?

5. HoneyX Xxtras

Creators are able to release ‘Xxtra’ content at the price point they choose. This exclusive ‘Xxtra’ content can be sent directly to a patron’s inbox or uploaded onto the hunny’s content timeline which can be unlocked by patrons using their HoneyX tokens. This transaction system is seamless, anonymous and secure - benefiting and protecting both our hunnies and their patrons.

What does the HoneyX platform support?

4. HoneyX Creative

Integrated video and photo content editing function for content creators to conveniently edit their content on the platform itself. Some features include filters, beauty editing, resizing, blurring and customisable watermarking to protect content creators.

What does the HoneyX platform support?

3. HoneyX Insight

Our platform offers auto-generated data analytics reports for its content creators to assist in optimising their profiles. Knowing what works and what doesn’t is the HoneyX mantra - putting our hunnies first and helping them build their business. Content creators will be able to analyse data including engagement rate, impressions, content views, profile visits in order to optimise and increase their audience reach.

What does the HoneyX platform support?

2. HoneyX Promotions

HoneyX Promotions: Our platform promotes up-and-coming hunnies to give them the needed exposure to thrive on our platform. Get promoted on the front page of our app under our “Queen Bees” (top performers) and “Up and Coming Hunnies” categories!

What does the HoneyX platform support?

1. HoneyX Streaming

An integrated LiveStreaming feature will be available for creators who wish to interact face-to-face with their patrons in real time. Creators can set the livestream to be either “public” or “private” at their discretion.

The HoneyX Platform

Beyond the Alpha Launch

The alpha launch is when the rubber hits the road for our project, and we expect to make some refinements beyond this initial release. Top of our list for the subsequent release is the live streaming and broadcast features. The UX/UI team will follow up on the experience from the alpha launch to make the next release even more exciting and simplified for a better user experience.

Creators and fans can also manage their profiles easily from the profile tab. Here you will access your wallet, transactions, bookmarks, and paid content. Additionally, HoneyX users will access 24/7 online customer support via the platform. Our instant messaging platform will connect fans to creators in the most interactive way, with new and exciting emojis, GIFs, and multimedia support.

In the release, HoneyX will allow fans to like, comment, send a DM or tip their favorite models directly from the posts feed. The release also features a search tab for users to browse for content or creators swiftly.

In the initial release, transactions on HoneyX will be settled using $BNB with the $HONEYX token used for rewards and tipping. This move will accelerate user acquisition (UA) as $BNB holders face no interruptions. A soaring UA means more revenue for creators and more content for the fans. The next release will support $HONEYX tokens for transactions, so fans can unlock content using their $HONEYX!

The saga over OnlyFans has highlighted just how quickly such a platform can move the goalposts for those relying on it for an income: https://theconversation.com/onlyfans-controversy-highlights-the-bind-facing-most-gig-workers-167101

That's why HoneyX is building its own payment system. We want to let our creators know that we are always there, for them.

Complete the daily tasks and win 10,000 $HoneyX tokens!

Simply head to https://gleam.io/VKkA7/honeyx-daily-rewards.

Don't miss it!

The HoneyX Platform

4. Upholding User Privacy

Worried about giving up personal information? Don’t be! Users on HoneyX stay anonymous as you only need to sign in with your wallet. Most users viewing NSFW content like to stay anonymous, but many sites won’t set up features to keep their privacy. So, fans end up giving up their personal information, including credit card information, putting them at risk of porn blackmail or even financial losses in potential cyberattacks. With HoneyX, all you need to sign up for is your crypto wallet. Fans keep their data and still enjoy their favorite adult content.

The HoneyX Platform

3. Securing Creator Content

Two of the most common issues that adult models face in their work are piracy and diminishing revenues. On other platforms, fraudsters pretending to be fans have illegally distributed creators’ content across platforms to gain a following and revenue. Our UX/UI design puts in security features to secure creators’ work from unauthorized viewing or downloads.

The HoneyX platform will require fans to sign in with their wallets to access and view content. This feature puts both creators and their fans in a safe position as fans enjoy authentic content while supporting their favorite models. What’s more, you get multiple wallet options for signing in to HoneyX. Creators get more control over their content with HoneyX’s content security feature. This tool will limit content piracy and earn them more revenue. For the alpha release, HoneyX will support MetaMask and TrustWallet, with multiple other wallets added in the future.

The HoneyX Platform

2. Developing Bleeding-Edge Tools and Features

We can’t say it enough — we are building HoneyX for the users. So, apart from resolving issues that creators faced on other platforms, our design team embarked on a quest to know the needs of the creators and build features that exceed their expectations. We are building tools that make it the reason for creators to join HoneyX. While it may take a while, our UX/UI designs are refined to the last code. We can’t wait to have our first release! Here’s a sneak peek at what to expect in our alpha release:

The platform will have a default dark theme with future support for toggling according to users’ preferences. Tabs are visible with a neon design, cheering you up for a passionate viewing of NSFW material. You can access live content from your favorite creators at the top of the page. Also, filter your searches to access the latest posts, most viewed, or other tags for your favorite porn content. Fancy joining the HoneyX community? Click on the sign-up tab and go through the simple steps to get started on HoneyX.

The HoneyX Platform

We are building a platform for our users, and to build a tool that works, we must understand what the user requires. In response, HoneyX has stepped up efforts to partner with more content creators in the adult entertainment industry. In the past month, HoneyX announced 35+ creators who have joined HoneyX, with many more in the coming weeks. The creators have been integral in informing our initial UX/UI designs in the following ways:

1. Identifying Users’ Problems

HoneyX is transforming the way NSFW content is created and distributed by leveraging blockchain technology. To make a platform better than the others, the team has worked to identify problems that creators face. Creators, who have first-hand experience with these plights, have provided the designers with valuable input to set up a platform that works for them. Our partnership with the creators has made the design process slow-yet-rigorous, with in-depth understanding, problem identification, and resolution.

Our core team includes active members of the adult content creation industry and ambassadors. We have been reaching out to creators being affected. We believe our platform is going to be an attractive ones given our low fee structure.

Creators seemed reluctant going back to OnlyFans after the announcement. How do you plan to take advantage of that?

HoneyX has now over 17,000 diamond-hand holders. Invest now before we list on CoinGecko and CoinMarketCap. Don't miss out!

HoneyX has reached another all-time high (ATH) today! Definitely a project you want to add to your watchlist.

How is $HoneyX better?
- Up 200% in 7 days Chart with upwards trend
- Founded by creators, for creators
- Doxxed and proven team
- Revolutionary platform and a sizeable adult industry
- BSC's best +18 crypto

Why $HoneyX? More than doubled over the past 7 days. Passive income via staking (to be released shortly). Token holders share in profits when platform is live.

American sex workers say subscription website OnlyFans’ decision to ban “sexually explicit” content will threaten their livelihoods, drive more of the industry underground, and ultimately endanger lives. (Source: The Guardian).

That's why we have established HoneyX.

Hi CaVO32, we are trying to solve the pain points facing the adult industry, including a lack of anonymity, the overarching use of censorship and complicated processing mechanisms. We are confident that we can bring actual users to our platform and are even more confident after OnlyFans has decided to ban adult content in later this year.

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.

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

HoneyX is trading at all-time high (ATH). 3 million market cap in no time! Get in now to maximise your gains!

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.

Want to have a glimpse of our platform UI/UX design? Check out our Medium article now!

Check out our Telegram. Our HoneyX stickers are now out!

Hi crypt0l0ve, tokens will be distributed after registration closes on 16 Sep 2021 (AEST).

When are we getting the airdrop tokens?

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.

Great. I am doing it now.

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.

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

How do I get your airdrop?

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.

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.

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.

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.

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.

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.

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

Why is HoneyX different?

1. Quality and pedigree of our founding team:

Unlike our competitors who have questionable backgrounds or have not revealed their identities, we have built a full-fledged capable team. Our leadership have worked for the most prestigious companies in the world, including McKinsey and Goldman Sachs, building real businesses with real revenue, and are educated at institutions such as Wharton School of Business, the most prestigious business school in the world where the likes of Elon Musk and Donald Trump attended. Unlike others, we know what we’re doing.

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

HoneyX is trended on major crypto subreddits, including r/CryptoMoonShots: https://www.reddit.com/r/CryptoMoonShots/comments/owc4ox/honeyx_newest_adult_crypto_platform_launch_q4/?utm_source=share&utm_medium=ios_app&utm_name=iossmf

30+ creators and ambassadors in 1 month, including Britney Amber.

More to come!

HoneyX is the OnlyFans of crypto. It aims to solve existing issues in the adult industry regarding privacy and censorship. The platform charges 10% on content purchased (5-10% less than what is charged on ModelHub & OnlyFans). Token holders will be able to share in quarterly profits made from the platform, proportional to their token holdings.

• Livestreaming – An integrated livestreaming feature will be available for creators who wish to interact with their patrons in real time.
• HoneyX Xxtras – Private “Xxtra” content between creator and user will be made available at a private purchase through the HoneyX token.
• Promotions – The platform promotes their HoneyX creators and gives them the assistance newer creators need to gain more exposure.
• Insights – An auto generated data analytics report will be available for creators to help them register engagement rate, impressions, content views and more.
• HoneyX Creative – Integrated video & photo editing functions to be added into the platform.
• HoneyX NFT – Option to create their own NFTs for creators.

• High quality founding team with work experience from prestigious companies such as McKinsey and Goldman Sachs.
• Ambassadors who directly advise the team with their insight and experience.
• Tokenholders can participate in corporate governance decisions such as modifying protocol parameters.

• Locked liquidity (60%) - Initial liquidity placed on PancakeSwap & locked via Unicrypt.
• Allocated team members (12.5%) – 25% of this is distributed upfront and the remaining 75% is vested fortnightly over 12 months.
• Reserve tokens (7.5%) – Held in reserve in the smart contract under a fortnightly vesting regime over 12 months. As HoneyX Scales, these tokens will be used for new hires, incentive payments and incentive plans for brand ambassadors.
• Marketing & Promotions (7%) – Used for marketing, advertising, promotions and similar activities.
• Product Development (7%) – Used for product development, including building the HoneyX platform, features and upgrades.
• Airdrops (6%) – used for airdrops of the HoneyX token during promotions, competitions & giveaways.

Q3 2021:

• PancakeSwap Listing
• Website Launch
• Introduction of Ambassadors
• Listings on Price-Tracking Websites
• Airdrop Event
• Centralised Exchange Listings

Q4 2021:

• HoneyX Platform Launch
• HoneyX Staking
• HoneyX Marketplace

Q1 2022:

• HoneyX Features
• HoneyX Merch
• Collaboration with well-known adult industry creators

Q2 2022:

• HoneyX Creative
• Giveaway campaign for hunnies & users
• HoneyX Charity Program