Introduction

[Tokenomics]

Each token is representing a single second. A user who streams for 10 minutes to a watcher, would earn 600 tokens. Total token supply is 8640086400 around 8.6 billion representing the global population roughly and 86400 is the number of seconds in a single day, which is also the number of tokens per mint. Tokens can be minted, purchased or earned . However the tokens can also be used as balance to watch other live streamers in the world streamer network app.

[Structure] alt text

[Analysis]

Current market floor price for LIVE token on the KSPR Bot is 515 KAS for 8.6 million LIVE coins, which is equivalent to about 1000 live coins for a cent. The coin just got started and is at the base price as of today and has potential to have exponential gains.When the coin does 1000x, then it will be equal to 1 cent per coin. Until then the World Streamer App can be released, hardened and made useful to the community by taking feedback. If 1 cent is paid for a second streamed, then it is good amount of cash that can be earned by the streamers from the app. Subsequently the earnings can be capped at 1 cent per second and the equivalent amount in tokens can be paid to the streamer because that is the equivalent amount paid by the watcher to watch content after taking out the transaction fees. Currently the logic on the watcher side is that for a dollar spent on the app, the watcher gets to watch a minute of content, and that logic remains as is. The unique aspect of the app is that the watcher gets to choose the live content to be watched, based upon the location selected on a map, provided there is a streamer who can stream it and the incentives in place would allow the streamers to provide such live content. 0.00001 was the minimum amount of token i was able to transfer from one address to another for a fee of 0.0002 KAS

[Usage]

This is a utility token. The utility app is baking. This token has lower supply than its parent, kaspa. We will be sharing more info as days progress. We are just getting started. Happy to see you join our journey. However this is not just an exponential algorithm for price increase. Growth may come slow compared to kango or other pure memes but it hopes to get out strong in this bull run and expand beyond.

[Dynamics]

There are 5 primary entities in the app

  1. Watcher
  2. Streamer
  3. Session
  4. Map
  5. App

1.Watcher

A person who is interested in watching interesting events happening LIVE on the globe. Watcher needs funds to watch an event. Watcher can use his fiat currency to add balance into the application. Watcher selects a streamer to watch and begins a session. Watcher stops the session once done watching.

2.Streamer

Streamer earns tokens by live streaming. In order to be attractive and competent, the content the streamer provides should be engaging enough to catch the eye of multiple watchers who are online and engaged with the map. Streamer can provide a Description of the stream content, which will be available to the watcher before starting a session.

3.Session

A single interaction between a watcher and a streamer is called a session. A session is eligible for payments if the session duration is greater than session minimum time[example:2 minutes.] A higher limit that can be earned in a session is the session maximum amount[example:10 minutes.] If a streamer ends a session within session minimum time, there will be no earnings. If a session ends due to a network issue on the streamer side then the session would not incur earnings. A streamer should be in a ready state to start a session. All streamers who are in a ready state are displayed on the map. As long as the session is active and beyond session minimum time from the start, the streamer earns. Earning rate of a session is 1 LIVE token a second. Streamer goes into an inactive state on defocusing on the application, which occurs as the streamer switches to another application on their device. The roles of a watcher and streamer are interchangeable. Anyone who can fund can be a watcher and anyone interested to earn can be a streamer. Before entering a session, streamer makes an entry showcasing an interesting occurrence or event at the location of the streamer. This showcase will be displayed on the map as long as the streamer is in an active state. When a session is active the streamer will be removed from the map. When a session ends, the user needs to get into a ready state again to reinitiate a new session.

  1. Map

The map serves as a matchmaking platform connecting the watchers and the streamers. The map runs the metering service to calculate valid sessions, and updates the balance of watcher and earning of streamer on a fixed periodic schedule. If one streamer earned, then some watcher spent. Total balance of earnings and spending should match the total funds in the application. Watcher needs to fund again, if their available funds are depleted due to watching sessions. Streamer gets paid out in tokens after accumulating streaming time which is a specified number of seconds from multiple sessions. Once their earnings are equal to 1 hr of streaming, the streamer can send a payout request. The actual payout happens after that to the kaspa address of the streamer.

  1. App

The app contains features to a. Search the map for a location b. Change the mode from watcher mode to streamer mode. c. Buy watch time, view payments and spending, Send payout request, view earnings, and export private key into an external wallet KRC20 supported wallet such as KasWare. d. Change the theme or reset the app state. e. Useful videos for learning the application flow. f. Telegram support group link.

1 LIVE token = 1 second of Stream Time.