WELCOME TO SUGAR FACTORY BSC
When, where and how will the Music Industry & Blockchain technology unite to realise a brighter future for independent artists?
The problem with innovation is that there has always appeared to be a lack of incentive. We at SugarFactory are convinced that new technologies paired with Music and Art can pave the way for a complete new system. Created by a group of investors, artists and designers, the project is spearheading change in the way technology and the arts interact.
When, where and how will the Music Industry & Blockchain technology unite to realise a brighter future for independent artists? Is there a fairer way for artists to manage and streamline their journey in the industry by having more control over their earnings? Are there new, innovative ways for artists to interact with their fans and obtain more control over the entire process?
The SuGarFuel Token Protocol will help SugarFactory to expand the team and project, unique in its kind.
The SGFuel Token has been issued to give the project its first token and give people a chance to join our community and support our ecosystem. $SGFuel is a deflationary currency created on the Binance Smart Chain network with a maximum supply of 10 billion tokens. The SuGarFuel Token Protocol will help SugarFactory to expand the team and project, unique in its kind.
Every time $SGFuel is traded, 3.5% of the transaction is distributed to each $SGFuel holder in proportion to their asset value, while another 4.5% is automatically added to the liquidity pool. This Auto-Generating Liquidity Protocol generated by Static Farming means that every time $SGFuel is traded, the value increases while the supply decreases.
By assisting artists in their transition to a new ecosystem, we will encourage them to change the rules of the industry, and establish greater self-control over their career
Already working with singers/songwriters, DJs and painters to launch different projects, we will soon accept submissions of artists’ work to include in our roster and to help them break through the industry 2.0 alongside the blockchain technology.
By assisting artists in their transition to a new ecosystem, we will encourage them to change the rules of the industry, and establish greater self-control over their career. In the near future, SugarFactory will launch its own exchange where token holders have the opportunity to stake and invest in different pairs, including our roster.
LIQUIDITY GENERATING
All SGFuel LP tokens are locked.
CRYPTO REWARDS
A % of the selling tax is returned to holders as rewards.
MAX TOKEN SUPPLY
Our ecosystem has a total limit of 10,000,000,000 tokens and this value cannot be exceeded to ensures that the supply never goes up by further minting.
APPEALING TOKENOMICS
10% selling tax. 3.5% of all sales go back to holders as SGFuel tokens, another 4.5% goes into liquidity while an extra 2.% goes into the maintenance wallet.
MANUAL BURN
Weekly manual burn. Tends to drive an asset’s price upward. A portion of the burn for Airdrops and Giveaways, Bounty, Contest and more features to come.
ANTI WHALE
A presale buying limit ensures a fair chance of any one getting to be a part of our movement. Community built token with a selling tax who ensures a buying pressure always higher than the selling pressur
PreSale Predictions:
Total Supply: 10,000,000,000
Presale Rate: 1 BNB = 30, 000, 000
Soft/Hard Cap: 75 / 100
Contribution Limits: Minimun 0.2 BNB / Maximum 2 BNB
PancakeSwap Liquidity: 60% (locked)
PancakeSwap Listing Rate: 1 BNB = 20, 000, 000
Presale: 2021/06/19 12:00 (GMT) ==> End 14:00 (GMT)
Liquidity Lockup Time: 2022/06/19 17:00 (GMT)
Burn & Fees Mechanism:
MANUAL BURN AT LAUNCH: 520,000,000 SGFuel Tokens
Weekly Burn: 0.10% to 0.20% of the SuGarFuel Token supply
Airdrops & Giveaway: 0.01% to 0.03% of SGFuel weekly burn
Taxes Fees: 10%
Fees Repartitions:
4.5% ==> to liquidity pool
3.5% ==> to SGFuel holders
2.5% ==> to Dev & Team expenses
Roadmap Release
Based on our staking and reward projections, we will allocate a fair amount of tokens on staking rewards. This will incentivize stakers to hold their tokens during the early stage of the Sugar Factory development. In addition more features will be launched and revealed with the release of our Roadmap.
In conclusion:
1. Liquidi ty providers get a return based on the amount of liquidi ty they are providing into the pool as rewards.
2. SugarFactoryBsc aims to incent ivize i ts communi ty.
3. The SugarFactory exchange will close the gap between ar t and technology.
To conclude
In a later stages we will hold a program where our community can choose how we will contribute and share our success through charitable donations.
For More Information:
Website: https://sugarfactorybsc.io/
Whitepaper: https://sugarfactorybsc.io/whitepaper
Telegram: https://t.me/SugarFactoryBsc
Instagram: https://www.instagram.com/sugarfactorybsc/
Youtube: https://www.youtube.com/channel/UC5gbeCSS18UsmroJg8C9FEQ
Twitter: https://twitter.com/SugarFactoryBSC
Reddit: https://www.reddit.com/user/SugarFactoryBSC
AUTHOR
Forum Username: Sahila Hisyam
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2851004
Telegram Username: @SahilaHisyam
ETH Wallet Address: 0x28bc805c1f8C7eC525f839c1c450CD7fDC0eb9ba
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