This platform allows creators to monetize their work through subscriptions, so they can earn money directly from their fans.
At the time of writing, JUICY, Enjoy Juicy’s native token, has a $1.8 million market cap. But that’s not all, Enjoy Juicy has a unique twist that sets it apart from other platforms.
How Does Enjoy Juicy Work?
Content creators on Enjoy Juicy can keep 80% of the money they earn from subscriptions. That’s a big deal because many other platforms take a larger cut. But this platform doesn’t just keep the other 20% for itself. Instead, this revenue is shared with holders of the platform’s token, $JUICY .
So, if you own $JUICY and stake it, you get a share of the platform’s revenue, which is paid in $AVAX, $ETH, and other tokens used on Enjoy Juicy. Creators get paid, but so do those who support the platform by holding and staking $JUICY.
Juicy is now powered by @privy_io ✅
New members can now login with email, Google, X, and soon other social platforms.
If you have already registered, you can continue to use the same wallet you’ve been using.
Time to do some onboarding 💦 $JUICY pic.twitter.com/Z9FijlgEb5
— Juicy (@enjoyjuicy) November 18, 2024
Staking $JUICY is set to launch in the first two weeks of December, giving token holders the chance to earn a portion of the platform’s revenue. This means that not only can creators make money from their fans, but $JUICY holders can also make money by simply holding and staking their tokens. It’s a win-win for everyone involved.
How to Get $JUICY
Right now, the only way to get $JUICY is by purchasing it on LFJ, formerly known as Trader Joe. However, Enjoy Juicy has some big plans for the future. Over the next four years, they’ll be airdropping $JUICY tokens to active creators and subscribers. So, if you engage with the platform—by liking posts, commenting, or creating content—you might be rewarded with $JUICY tokens. More info here .
$JUICY LP is burned 🔥 pic.twitter.com/0NWTRMQ7Qp
— moonbags (@0xMoonbags) November 19, 2024
By staking $JUICY, everyone can share in the revenue generated by the platform. It’s a way to make sure that everyone gets a fair share of the money flowing through Enjoy Juicy, whether you’re a creator, a fan, or just someone holding tokens.
Disclaimer
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
