www.letsallsimp.com NOVEMBER 2021 - $SIMP
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Summary $SIMP is a frictionless farming token operating on the Binance Smart Chain, designed to power trust and transactions for Entertainment Stars and their communities, starting by powering the existing PocketStars & RocketStars platforms. $SIMP will allow creators to accept cryptocurrency as payment for premium content, tips, and for recurring monthly or annual subscription charges. Born out of necessity due to ongoing discriminatory issues with card processors and banks, the Team at PocketStars recognised that $SIMP will bridge the gap between the Industry and true autonomy. $SIMP will be fully integrated on both PocketStars and RocketStars within 1 week of our launch! W H I T E P A P E R | N O V E M B E R 2 0 2 1 02
The Need for (1/2) PocketStars is an entertainment friendly platform, built and managed by creators for creators. Their goal is to make it as simple as possible - for as diverse a base of creators as possible - to engage, monetize and grow their fan base. PocketStars launched as a content subscription platform in 2020 and has grown to 15,000+ NSFW creators and over 250,000 active subscribers. $SIMP was born out of necessity by the PocketStars team, who faced roadblocks and limited options from traditional financial institutions. By late 2020, PocketStars was actively building an NFT platform to support its creators’ premium content needs. But, in mid 2021, a challenging shutdown of payment gateways for its core entertainment content subscription platform opened the window for PocketStars to accelerate their plans for a decentralized solution supported by a token - $SIMP. The only way forward was obvious: crypto. W H I T E P A P E R | N O V E M B E R 2 0 2 1 03
The Need for (2/2) $SIMP will also eliminate the vast majority of stumbling blocks and common issues for both creators and fans: Increased anonymity, discretionary narrative on bank statements. Lower transaction fees than traditional banks = Higher payouts for creators. More content flexibility without interference from outside institutions. No chargebacks! All transactions are final. No holding periods. Card processors withhold money from creators for 7 days after a transaction has been processed. Adds a layer between the banking system and creators. Creators are often discriminated against by their banks when receiving money from platforms. W H I T E P A P E R | N O V E M B E R 2 0 2 1 04
Market Overview ONLINE ENTERTAINMENT GLOBALLY WORTH DURING COVID-19, THE MARKET THERE HAS BEEN 500K+ NEW ANTICIPATED FURTHER BOOST $36B GREW CONTENT $9.71B IN 2019 15% CREATORS OVER THE NEXT 5 YRS The global online entertainment market was worth an estimated $36 billion in 2019 and has grown a further 15% during the COVID-19 pandemic. With uncertainty over long-term job stability rife all over the world, 500,000+ new content creators have started selling content on the various subscription platforms on offer. This has attributed to a growing acceptance of premium entertainment content, which is anticipated to further boost the market by $9.71 billion over the next 5 years. W H I T E P A P E R | N O V E M B E R 2 0 2 1 05
Marketing Strategy Leverage our Social Media presence and extensive PR & Media Outreach - $SIMP is not only an exciting 1 network within the Entertainment Community to 4 token, but a token of firsts. The first-and-only onboard Advocates & Ambassadors that will be Entertainment token created by the Entertainment dedicated to promoting the token. Our Brand Industry, for the Entertainment Industry. The first Ambassadors already include: Our very own long-term solution for payments within the Elle Brooke and new recruit, Jasmine Jae! Entertainment Industry. The first Entertainment token to launch with integration onto established platforms in Regular AMAs and meet-and-greets with our the space. If that isn’t news worthy, then what is?! 2 Ambassadors in order to bridge the gap between the Entertainment & Crypto communities. Email Marketing – We currently boast a database of 5 over 300,000 Entertainment Platform users that we 3 Invest in widespread crypto-marketing on Telegram, Reddit, Twitter, Discord, Medium, will use to amplify the noise surrounding $SIMP. YouTube & Facebook. Airdrop Campaigns – Incentivise more of the 6 community to join and promote $SIMP. W H I T E P A P E R | N O V E M B E R 2 0 2 1 06
Holder Benefit Tax In order to drive stability and long term viability, $SIMP is designed to reward token holders, real transactions, and to disincentivize selling and speculation of the token itself. Every transaction that uses $SIMP will trigger a 8.5% Holder Benefit Tax where: 3.5% will be distributed 1% will automatically contribute A to holders as $BNB C to liquidity 1% will be distributed 3% marketing tax will contribute towards the B to holders as $SIMP D aggressive PR and marketing campaign, designed to accelerate the growth of the token W H I T E P A P E R | N O V E M B E R 2 0 2 1 07
Token Sale & Distribution There will be a total max supply of 1 trillion $SIMP. The pre-sale price will be fixed at 1 BNB for 225 Million $SIMP with a hard cap of 750BNB. 1.83% 5.63% Private pre-sale: 56,250,000,000 (5.63%) Public pre-sale: 168,750,000,000 (16.88%) 16.88% Liquidity Pool: 118,125,000,000 (11.81%) Marketing & Development: 50,000,000,000 (5%) Team (Vested): 50,000,000,000 (5%) 48.85% 11.81% Holdback: 50,000,000,000 (5%) (Liquidity for future platforms & exchanges) Burn: 488,515,000,000 (48.85%) 5% 5% DX Cost: 18,360,000,000 (1.83%) 5% W H I T E P A P E R | N O V E M B E R 2 0 2 1 08
Meet the Team Ben James Thomas Elle Sansom Hague Sileghem Brooke Starting at just 15 years old from his A qualified accountant with a background With over 7 years experience leading A former Law student, Elle decided mobile phone in the classroom, Ben spanning numerous industries including Web & Software Development for to pursue her passion within the has worked with some of the biggest Commodities, Gaming, and High-end Sports various SMEs, Thomas has been Entertainment Industry and through names in corporate, sports and cars. Most recently working within the involved in blockchain development nothing more than passion and entertainment. Transformational sector under some of the for over 6 years, first as a hobby and determination, has become one of the highest performing McKinsey consultants, now working on a freelance basis to industry’s most recognisable and Ben boasts a marketing career James has established a very strong support exciting and upcoming successful faces. spanning over 8 years, with a current network in his career. projects within the space. focus on supporting founders to Elle built PocketStars through her develop and launch explosive projects. As Chief Operating Officer, James has been Thomas was responsible for the build frustrations at the lack of support and working with Ben tirelessly to assemble of PocketStars & RocketStars and will recognition for Creators in the space. what is an aggressive, yet achievable take charge of the integration of She has successfully built a community growth plan for the first 3 to 4 months at $SIMP onto both platforms. driven platform that we hope to $SIMP, working on a roadmap to a $150m multiply and diversify with $SIMP. Market Capitalisation and beyond. W H I T E P A P E R | N O V E M B E R 2 0 2 1 09
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