Creator–themed crypto with in-app tracking of creator and coin performance — built for more predictable popularity and to fund creator growth.
Purchase creator-themed cryptocurrency to activate an exclusive Smith X membership, fund content creators, & track their performance on the Smith X crypto exchange.
Our vision for Smith X is to build a powerful community that strategically channels funds via creator-themed crypto to the most promising creators - accelerating their growth and increasing their popularity.
Our community will rally behind these creators, amplifying their success.
The community members will be rewarded with digital assets & member perks.
Ultimately, we see Smith X becoming the world’s most effective incubator for the next generation of top creators.
Details
- Smith X is a mobile app where you can buy & sell content-creator themed cryptocurrency (which we call Platinum).
- Anyone that purchases Platinum becomes a Smith X member which includes swag, access to a members-only discord, and the chance to attend Smith X events.
- Each creator-themed Platinum is limited to 1M units. Our first 100 Platinum will be themed after different YouTube channels. Platinum is built on the Solana blockchain.
- There is no central ownership of Platinum. Neither Smith X or the associated content creator is awarded any Platinum. All Platinum in circulation must first be purchased. This is intentional to reduce the risk of rug pulls.
- Each Platinum's initial value will be proportional to the associated content creators popularity. The initial value is determined by this formula: (5*# of subscribers)/1M. Subsequent value is determined by supply/demand dynamics.
- Platinum are minted from Smith X, but once minted they can be transacted on a decentralized exchange (DEX) or Smith X.
- The profit from each Platinum sale from Smith X are split as follows: 75% can be claimed by the associated creator, 20% is dedicated to a liquidity pool to ensure members can sell even in low-trading volume environments, 5% is dedicated to Smith X for operating expenses.
- Platinum transacted on a DEX are subject to a 2% royalty which is split between the associated creator and Smith X.
- If a particular content creator does not want to be associated with Smith X, they can contact us, and we will burn all associated Platinum while refunding all members who owned that Platinum.
- Smith X will track current and historic subscribers and views of all YouTube channels with themed Platinum. This data will be displayed with in-app charts to enable users to choose which Platinum is is best for them to acquire.
- 5% of annual Smith X profit will be dedicated toward Smith X events. The scale & number of the events will be dictated by the funds available. We envision multiple events each year. For example, if a group of members owns a Platinum associated with a skier, the event may be the chance for 10 members to go on a ski trip with said skier.