CryptoJukebox

Gamification & Blockchain

CryptoJukebox combines traditional forms of media streaming with gamification and the security of blockchain technology, resulting in a 21st century community-centric jukebox environment that is powered by JUKE token.

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What is blockchain technology with examples?

What Is a Blockchain?

A blockchain is a digital ledger or database that is used to store information and transactions in a secure and transparent manner. It is essentially a decentralized and distributed database that is maintained by a network of computers, rather than a central authority.

Each block in the blockchain contains a set of transactions that are verified by network participants using cryptographic algorithms. Once a block is added to the blockchain, it cannot be altered or deleted without the consensus of the network participants. This ensures that the blockchain is tamper-proof and resistant to fraud.

Blockchains are most commonly associated with cryptocurrencies, such as Bitcoin and Ethereum, but they can also be used to store any type of digital information, such as contracts, identity records, and supply chain data. They have the potential to revolutionize industries by providing secure, Aviator, transparent, and efficient ways to store and transfer data.

What is Blockchain explain with an example?

Blockchain technology is important for several reasons:

Security: Blockchain technology uses cryptographic algorithms to secure and validate transactions. This ensures that the data stored on the blockchain is tamper-proof and resistant to fraud, making it a highly secure way to store and transfer data.

Decentralization: The decentralized nature of blockchain technology means that there is no central authority controlling the data on the blockchain. This makes it a more democratic and transparent way to store and share data, accept crypto payments with KUNA Pay as there is no single point of failure or potential for abuse.

Efficiency: Blockchain technology can streamline processes by reducing the need for intermediaries, buy ripple and automating certain tasks. This can lead to increased efficiency and cost savings, particularly in industries such as finance, supply chain management, and real estate.

Transparency: The transparent nature of blockchain technology means that all transactions and data stored on the blockchain are visible to anyone with access to the network. This can improve trust and accountability, particularly in industries where transparency is important, such as government and finance.

Innovation: Blockchain technology has the potential to enable new business models and services that were previously impossible or impractical. This could lead to the creation of new industries and the transformation of existing ones, driving innovation and economic growth.

Blockchain technology has the potential to transform the way we store and share data, bringing greater security, transparency, and efficiency to a wide range of industries.

 

How Does Blockchain Work?

Blockchain is a decentralized, digital ledger technology that records transactions in a secure, transparent and immutable way. It enables the creation of a secure and transparent tech audit smart contract for storing and transferring information and assets without the need for intermediaries such as banks or other financial institutions.

Here is a brief overview of how blockchain works:

  1. Participants in the network create and validate transactions using cryptographic protocols.

  2. These transactions are grouped into blocks, which are linked to each other in chronological order to form a chain, hence the name "blockchain".

  3. Each block contains a hash, which is a unique code that identifies the block and its contents.

  4. The hash of the previous block is also included in each new block, creating a secure and tamper-proof chain of blocks.

  5. Once a block is added to the chain, it cannot be altered without changing the hash of every subsequent block, making it nearly impossible to tamper with the data on the blockchain.

  6. The blockchain is stored across a network of nodes, which are computers that maintain copies of the blockchain and validate transactions.

  7. Consensus algorithms are used to ensure that all nodes in the network agree on the state of the blockchain and that new blocks are added to the chain in a secure and trustworthy way.

  8. Depending on the type of blockchain, there may be different mechanisms for adding new blocks, such as proof-of-work, proof-of-stake, or other consensus mechanisms.

The decentralized and transparent nature of blockchain technology offers many potential benefits, such as increased security, reduced costs, and improved efficiency, among others.

 

Real Examples Of Blockchain Technology

How blockchain technology is being used in various industries:

  1. Cryptocurrencies: The most well-known example of blockchain technology is Bitcoin, a decentralized digital currency that uses blockchain technology to record and verify transactions.

  2. Supply chain management: Blockchain technology is being used to track the movement of goods across supply chains, ensuring transparency and authenticity in the process.

  3. Voting systems: Blockchain technology is being explored as a way to develop secure and transparent voting systems, which could help prevent fraud and ensure accuracy in election results.

  4. Health records: Blockchain technology is being used to store and share electronic health records, Crypto Wallet for Business providing a secure and private way for patients to manage their medical information.

  5. Identity verification: Blockchain technology is being used to develop decentralized identity verification systems, which could potentially replace traditional centralized identity verification methods.

  6. Real estate: Blockchain technology is being used to digitize and streamline the process of buying and selling real estate, reducing costs and increasing efficiency.

  7. Financial services: Blockchain technology is being used to develop new financial products and services, such as peer-to-peer lending and decentralized exchanges.

These are just a few examples of how blockchain technology is being used in various industries. As the technology continues to evolve, it is likely that we will see many more innovative applications emerge in the coming years.

 

Crypto Jukebox dApp

The is a social jukebox environment, powered by JUKE token, where communities can watch media together and chat simultaneously.

By marrying the tried-and-tested jukebox invention with modern blockchain technology, we plan to create a unique ecosystem that benefits a broad audience and fills the most obvious gaps in the market.

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Launch CryptoJukebox View Smart Contract


Fees &
Benefits.

CryptoJukebox is affordable, with fees starting at $0.33 per tip.

Fees are redistributed to reward you for simply using CryptoJukebox, with incentives such as JukeJackpot and JukeBurn.

JukeJackpot

20% of all fees are distributed to the JukeJackpot prize fund. The more CryptoJukebox is used, the larger the prize fund becomes.

Additionally, the more media requests you make, the higher your chances are of winning the jackpot.

JukeBurn

Instead of a discriminatory tax on each transaction, we instead apply a deflationary burn to 20% of all JUKE tokens collected by the dApp.

As more JUKE tokens are collected, more JUKE tokens are burned. This increased the scarcity of JUKE over time and makes each token more valuable.

Staking

Get rewarded just for holding JUKE by staking it for a fixed percentage yield return.

Tiered Bonuses

Holding a set amount of tokens will give tiered access to benefits such as VIP rooms, longer content requests, higher priority tips and much more.

Governance

Influence the future of CryptoJukebox and vote on themed rooms you’d like to see added to the dApp.

Fee Distribution MODEL

We believe in rewarding everyone who is involved in the success of CryptoJukebox, and this is why we distribute 100% of fees to benefit those contributing to our ecosystem with the following split:

100% of the fees go to contributors


40% commission to room owners

20% commission to content creators

20% Airdrop to user (JukeJackpot)

20% Burned

Fee Calculation

To keep the experience fresh and fun, we have designed an algorithm that automatically calculates the tip cost based on the length of the video and the total video queue time. The shorter the content and the queue is, the cheaper the tip will be.

Tokenomics

We have carefully constructed the tokenomics and distribution of tokens to support the CryptoJukebox ecosystem and ensure the platform’s continued success across its lifetime.

Some key areas to fund are strong marketing campaigns for post-listing and on main-net release to bring adequate exposure to the project and promote partnerships inside and outside the crypto community.

The development fund will consistently add fresh concepts to the dApp by implementing new features, testing and patching bugs, and quickly adapting to recent trends.

Presale: 56,250,000 200 BNB

Liquidity: 29,828,250 120 BNB


Supply Distribution:

  • 56,250,000 Presale Allocation
  • 24,806,250 PancakeSwap Liquidity
  • 30,000,000 Development Allocation
  • 16,318,750 Marketing
  • 13,000,000 Additional Pools
  • 8,500,000 Team
  • 1,125,000 Fees

Presale Discount

Presale investors will receive a 25% discount on their JUKE tokens compared to the list value of the tokens.

Presale investors receive 281,250 JUKE per 1 BNB and would only need to sell 210,937 of their tokens to receive 1 BNB at the initial PancakeSwap listing price.

YEAR ONE ROADMAP

 

Here is our roadmap showing our current progress and future plans for development and utility of CryptoJukebox.

PLANNING - Q2 & Q3 2021

  • Project Feasibility & Market Research
  • Initiate Whitepaper
  • Smart Contract Test-net Development
  • Begin Web Development
  • Smart Contract Deployment & Verification

LAUNCH - Q4 2021

  • Independent Smart Contract Audit
  • Whitepaper release
  • Initial Website Launch
  • Community Building and Marketing
  • Presale
  • Provide PancakeSwap Liquidity
  • Apply for Major Listings
  • JUKE Staking Release
  • JUKE Ethereum Bridge
  • CryptoJukebox Testnet

DEVELOPMENT - Q1 2022

  • CryptoJukebox Mainnet Release
  • Expansion with Partnerships & Marketing
  • Mainnet Feedback, Patches and Features Development
  • JukeClub Development & Release
  • First Juke Token Burn & JukeJackpot Prize Draw
  • ERC-721 & ERC-1155 NFT Integration

EXPANSION - Q2 2022

  • DIscord and Telegram Plugin/Integration
  • Ongoing Marketing Campaign
  • JukeCreator Partnership Development & Release
  • Onboarding: Affiliates, Corporate, Record Labels, Video Content Providers and Artists

Room
owners &
Jukeclub

The music and video industry has boomed in the internet era. However, content creators are still only earning a small percentage in this booming industry.

The CryptoJukebox ecosystem is designed to bring high quality content and reward room owners and content creators for having engaged audiences.

Grow your brand and generate passive income

Earn over $4000 per month in passive income.

* Based on only 4 hours of requested content per day and 30 mins average wait time

Date
04/12/2021

Time
12:00:00
JUKE Allocation:

56,250,000 Tokens

Presale Hardcap:

200 BNB

Maximum Wallet Allocation:

2 BNB / 562,500 JUKE

Liquidity provided through BNB raised:

60%

Presale Token Ratio:

281,250 JUKE : 1 BNB

PancakeSwap Token Ratio:

210,937 JUKE : 1 BNB

Platform Choice and Safety Measures

Benefits
  • • Automatic listing & liquidity lock
  • • Small maximum wallet allocation
  • • Decentralised liquidity pool on listing
  • • Anti-bot and anti-dump measures
  • • Initial lock duration of 1 year
Requirements for UniCrypt V2 ILO

Round 0
Half of the presale hardcap can be sold before the presale starts by users willing to burn UNCL tokens.

Round 1
The first 2 hours are exclusively for UNCX & UNCL holders. These tokens can be sold back after the user has participated in the presale.

Round 2
Open to everyone.

Smart Contract Audit

The Crypto Jukebox smart contract has been independently audited by and has been deemed safe. View the report below.

VIEW REPORT


 

Token Locks & Vesting

Liquidity will be automatically locked by UniCrypt V2. Remaining tokens have been vested via Team Finance smart contracts prior to the presale commencing.

VIEW TOKEN LOCK SCHEDULE

Crypto Jukebox