Playground Protocol WhitePaper

12.16.2021

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Contents

Project Details
Platform
Token Offers
Token Ecosystem
Sustainability
Roadmap
Finance Portal
Tokenomics
Team

Project Details

First SocialFi platform that incorporates DeFi, Social Media, Creative Arts, and NFTs all under one roof with a simple "handshake" system between content creators and their audiences. Consisting of a creative social media platform designed to streamline and audit project collaboration, a reserve currency protocol DAO & finance portal, Metaverse Integration and online NFT Marketplace.

Platform

Users will be able to use our socialFi application to collaborate on projects together, and automatically mint their project folders into NFTs on our marketplace. Supporters can then come to our NFT Marketplace and purchase the Project NFTs using our $CLLCT Token. The tokens used to purchase NFTs are divided between collaborators after transaction fees. Once owning the NFTs, supporters can come onto our socialFi application and gain access to the original project folder that created the NFTs, giving supporters a behind-the-scenes look at each content creator's work. Content creators can earn $CREATE tokens (our native token) for every completed, audited collaboration on our platform, and supporters can partake in the rewards pools by purchasing their favorite creators' NFTs and giving feedback to each project through our application. This creates a very fresh and unique handshake system between content creators and their audiences by allowing audiences to partake in the rewards that would originally go to the content creators.

The more NFT sales a content creator has, the less rewards they receive for each collaboration, as now the rewards are divided between all of their supporters.

Supporters are audience members who purchase 1 initial NFT from their favorite content creators. These NFTs can be staked to earn passive rewards from the treasury on a decay model. At this point, this NFT can be traded with a reselling tax that refills the treasury, and the rewards are reset on another decay model. The NFT sales help to drive the feedback mechanism.

We are effectively creating an entirely new type of NFT and our marketplace will be categorized by Project NFTs & Creation NFTs. This allows content creators to mint their project folders as separate from their final creation directly to our marketplace from the app. This system gives content creators a way to receive honest feedback from their audiences for every collaboration while also rewarding their supporters.

Token Offers

Content creators on our platform are also able to send Token Offers in our native token to accomplish project collaborations with others as well. Professional content creators will use token offers as not all collaborators will want to collaborate for free. Independent content creators will be able to find the perfect collaborators to grow with on the platform.

Token Ecosystem

Transaction fees, NFT sales, creative services offered through the platform (including distribution, production, professional review, creative mentorship, etc.) and several other mechanisms will be used to sustain our rewards pools.

Sustainability

Multi-Chain High-Yield DeFi Opportunities

Native Playground DAO Finance Portal

Media Distribution

Strategic Partnerships

Creator Services

Production Services in Nashville, TN

Each will be utilized to sustain rewards to grow the Treasury.

Roadmap

Our Phase 1 - Phase 4 roadmap is designed in such a way that first focuses on building a core community of content creators during Phase 1 while collecting important user data to enhance the platform. Phase 2 we launch infrastructure for our token & DAO finance portal for yield farming opportunities as well as a revised version of our SocialFi platform based on user suggestions for inclusivity. Phase 3 we launch an airdrop, and rewards pool distribution for our platform users.

Phase 4 we open our platform to all content creators and audiences alike with an entirely new UI designed for audience participation as well as content creation including user-built categories such as Sports, Parenting, Spirituality, Crypto, Woodworking, Fitness, Relationships, etc (anything you can imagine that builds communities) with all posts & categories becoming key-word based.

Phase 4 will also include the launch of an administrator view for industry entities such as creative agencies, record labels, management companies and more to use our administrator view to privately build teams of creators and initiate projects from the management angle, allowing their content creators to receive honest feedback and streamline all of their project collaborations, while earning more from the work they already accomplish.

Finance Portal

Seasoned crypto investors can use our DAO finance portal to stake our token for yield farming to supply liquidity for our SocialFi platform.

Tokenomics

$CREATE & $CLLCT Token:

Supply: 100 Million

Deflationary Burning Model

DAO Treasury 40%

Liquidity Pool 30% (Locked 6 Months)

15% Team

10% Investors & Partners

5% Content Creator / Collector Incentive

Team

Tyler Evans - CEO & Founder

Santhanam Saravanan - CTO/CoFounder

Sunday Mobility - SocialFi App Devs -

(Project Manager & Software Engineer)

Brian Suchman - COO

Oddiyana Ventures - Advisement

Further Documentation

Further Documentation on our Project includes: Business/Investor FAQ, Strategic Business Strategy, Project Slideshow, Whiteboard Explainer Video Animation, App Functionality & Flow, Investor Pitch Deck Presentation, Privacy Policy, & Terms of Use.