CinemaDraft 3D — SteemCN

CD3D is the monetization of the engagement produced by the CinemaDraft platform. Through gamification and a traditional fantasy sports salary cap model, CinemaDraft helps solve Hollywood’s problem of decades-long declining movie theater attendance, and its attempt to recover pre-pandemic box office revenue.

How It Works

A Binance Smart Chain-based smart contract decentralized app (dApp) token to serve as the in-game economy for the CinemaDraft gaming platform for games and company services. In addition to using it for discounts on CinemaDraft merchandise and services, owners can use it play in CD3D paid contests, hold it for dividends based on transactional revenue, or take profits due to price appreciation from increased utility and scarcity as a deflationary token.

Tokenholders maintain access to their own token balances in their cryptocurrency wallet. Once the contract is launched, it belongs to everyone, and should exist as long as the Internet.
BUSD, Binance Coin’s (BNB) stablecoin pegged to the US Dollar, is used to exchange for CD3D within the smart contract on the CD3D site.

BUSD, typically exchanged for BNB’s BEP-20 on the Binance Smart Chain, is known for its speed and low fees.
The token features a 10% transaction fee with 2.4% overall
burned/removed from circulation and 7.6% returned to holders as dividends, also known as “reflection rewards.”

These are automatically auto-reinvested into the user’s holdings, distributed to all tokenholders proportionally to the size of their holdings. The basis of this bonded token economic model is from the Power of Weak Hands (PoWH.io) open-source, decentralized app (dApp) smart contract.

CinemaDraft contests featuring CD3D prize pools will also charge a commission per entry fee (rake) in CD3D to the company.

The value of one's holdings will be accounted for in BUSD and can be withdrawn at any time, maintained on their own decentralized Metamask or BEP-20 compatible wallet.

TOKEN CREATION & DISTRIBUTION

A standard BEP-20 compatible token will be created with unique properties that lend itself both to CinemaDraft players and both casual and professional investors. In addition to the instant utility of playing in CinemaDraft CD3D games, the token will earn value in the open market swapping for other BEP-20 tokens as well.

Token Properties

Network: Binance Smart Chain
Base Currency: BUSD
Supply: 100,000,000
Transaction Fee: 10%

6% dividends
2.4% burn
1.6% auto-buyback and burn

Staking Rewards: 3% of transactional dividends

All wallets with tokens held 30 days or longer will receive their
proportional share of a pool of dedicated staking funds taken from each transaction (0.18% overall of each transaction)

As long as the tokens have been held for 30 days or more, they are eligible for a proportional share of dividends from the CD3D Staking Rewards pool

Example: 100M BUSD of transactional dividends = $180K Staking Rewards

Your 30-day+ holdings = .25% of circulating supply

$450 worth of BUSD dividends deposited to your account that day.

Anti-whale protocol:

No more than 0.15% of token supply will be able to be sold or bought in a single transaction after the ICO

Anti-dumping protocol

5% extra transaction fee will be charged on sales through exchanges
This fee will be distributed as dividends to all holders

BENEFITS

Usage of the CD3D token with the weekly CinemaDraft game
ensures continuous activity - and transaction fees - with the CD3D contract. This style of smart contract-based token is only as valuable as the amount and consistency of dividends it produces.
Incentivized, organic engagement around gaming and movie industry content
Revenue generated via participation in skill-based gaming in a growing, $20B gaming ecosystem
5% sales fee encourages holding and long-term investment
Continuous, self-perpetuating financial model that's automated, trustless, and market-based
Solves the content revenue conundrum of Who Pays? (you pay, I pay, someone else pays) by coming up with a fourth solution: all or none of the above

How can I use CD3D on CinemaDraft?

In addition to playing in CD3D entry games for more CD3D, CinemaDraft will offer services and merchandise for which you can exchange CD3D, most likely at a discount to fiat prices.

For More Information:

WEBSITE: https://www.cd3d.app/
WHITEPAPER: https://sites.google.com/view/cd3d-app/home/whitepaper?authuser=0
FACEBOOK: https://www.facebook.com/cinemadraft/
TWITTER: https://twitter.com/CD3DApp
TELEGRAM: https://t.me/CD3DToken

Author: arthurX
Profile Bct: https://bitcointalk.org/index.php?action=profile
Bsc address: 0x290888fe041515101B9139A4b5Bc4EfA2904eAB1