INTRODUCTION
SHOWPLUS CHAIN 2.0
The Origin of Show+Chain ➊
Web 2.0 and the Platform Giants
Web 1.0 was a one-way information provision, that is, from the user's point of view,
reading information was almost everything. It wasn't until Web 2.0 came
about that the interactive we use today has been established,
such as product reviews, comments, and likes.
The Web 2.0 era was an absurd era in which platform operators
monopolized a large amount of data obtained from users
by taking advantage of the interactive nature of Web 2.0,
while monopolizing profits entirely by platform operators.
For example, blogs accumulated on Naver are entirely owned by Naver,
and all advertising revenue generated from these blogs belongs to Naver.
In fact, an absurd situation has been created in which
the individual who createdthe blog does not receive any compensation.
Giant platform operators
such as Facebook, Amazon, YouTube, Instagram,
Naver Band, Twitter, and Pinterest have grown up through the interactive
nature of Web 2.0, and now they have become centralized institutions
that intervene in the activities of individuals.
The Origin of Show+Chain ➋
Web 3.0 that directly connects creators and fans
The biggest difference between Web 3.0 and Web 2.0 is how to generate revenue.
Even in the Web 2.0 era, individuals could generate profits, but at this time,
they were able to earn money through the creation of commercial content
for advertisers such as blogs and UCC (User Create Contents).
In other words, it was about a commission for sponsorships,
advertisements, and sales.
The era of regaining profits from creator
For example, posts posted on personal blogs or cafes and
Creative works created with great effort for Tistory, Brunch, etc.
Although it played a role in the rich growth of Web 2.0,
What is really important is the profit from one’s own creations.
It was completely taken over by the platform operator.
Decentralized technology called blockchain
Now, a decentralized technology called blockchain has emerged,
Able to directly provide fair compensation to creators
The biggest feature of Web 3.0 is that it has become an environment.
The Origin of Show+Chain ➌
With the advent of blockchain, creators can be rewarded directly
Then, in Web 3.0, how can creators earn money for their creations? It is made possible by the technology of blockchain. Blockchain has the weakness of being a technology that is still developing, but its concept and commercialization potential have been well proven. There are many other articles that explain the technical features of blockchain, so I'll refer to them, and here I will highlight two of the biggest user benefits of blockchain.
Get rewarded for your contributions
1st benefits
Everyone is a creator
The first user benefit is that you will be rewarded for your contribution. The creator's creations and data generated by individuals are controlled and owned by the creator or individual, and this is transparently guaranteed to the world without the need to prove it.
In an age where anyone can be a creator, this is a huge benefit. In particular, with the help of generative AI, it is now possible to participate as a creator not only in writing but also in fields such as composing, drawing, video, and translation, so it can be said that the feature of Web 3.0, or more precisely, the feature of blockchain, that you can be rewarded as much as you contribute, is indispensable.
No permission required to act
2nd benefits
Reduction in fees
The second user benefit is that you don't need anyone's permission to do anything. For example, now, when you send money, you can't send money to someone else unless your bank or government allows you to send money, but when blockchain is commercialized, you will be able to buy and send money without having to ask anyone's permission due to the permissionlessness of the blockchain.
Requested by the new wave, Show+Chain
Show+ Chain is a coin (token) developed by taking advantage of these two characteristics. Show+ Chain was developed to strengthen the bond between creators and fans, ensure fair compensation for individual creators, support creators' creative activities, and convert non-fans into fans. In particular, since the market price varies depending on the popularity of the creator or the value of the creation, it is designed to function as an investment vehicle.
To sum up, Show+ Chain is a coin developed based on blockchain to support the creator economy in an era where anyone becomes a creator and creators become fans, and it plays a role in guaranteeing fair rewards to creators and actively supporting creative activities.
The cryptocurrency “ShowPlus Chain 2.0®”
(hereinafter referred to as Show+ Chain 2.0®) is a digital currency issued by
Show Plus Chain Global based on the exchange value of “Show Plus®”
(hereinafter referred to as Show+®), an online competition platform
expected to be used by a minimum of 7 million active users per
month and a total of approximately 200 million users by 2025.
The biggest advantage of Show+ Chain is that it is the first
cryptocurrency to be used in everyday life, and after securing its exchange
value in Show+, it can be expanded and used as a general payment method.
SHOW+ CHAIN can become an infinitely
universal payment at SHOWPLUS
Video Platform
Show+ is a platform where
anyone can upload and view
videos. In this regard, it can
be said to be similar to
YouTube or TikTok.
Contest
It is the world's only platform
that holds public contests for
videos that are a few
seconds to one minute long,
based on given tasks.
Reward
When a viewer enjoys or
thinks a video is well-made,
they can sponsor the video.
If the sponsored video wins,
the sponsor can receive a
portion of the prize money.
Variety of tasks
It is a platform in various
fields and themes, including
not only singing but also
dancing, parody, situational
dramas, cooking, pets, etc.
High usage rate
It is a platform with a high usage
rate because not only can users
enjoy watching good videos,
but they can also win prize
money with just a good eye.
Global users
The service is open to overseas
users from the first year of
business. Major language
versions are separately
developed and opened to
ensure more convenient use.
Cryptocurrency-based
It operates based on the
Show+ Chain, a cryptocurrency
that can provide the same
value to anyone in the world.
Comprehensive services provided with the latest technology
Payment methods and content
Experience it all at once
Show+ Lamp®
e-commerce
No foreign
exchange fees,
no transfer fees
Show+ Pay®
Payment method
Low volatility,
high scalability, and secure
payment method
Show+ Talk® Group funding
Group funding,
trading of creative
ideas
NFT Purchase
You can purchase
NFT related to artists
from Shinlee Entertainment
Expanded and used as a
general payment method.
SHOWPLUS CHAIN
Secure exchange value: When the Show+ site starts its full service from 2024,
annual donations and prizes will amount to USD 91 million to USD 182 million,
which will be directly exchanged using Show+ Chain. In other words,
it is a cryptocurrency that ensures a solid exchange value for Show+ users.
Establishing the status of a general means of payment:
As a result, Show+ Chain will become a convenient payment method for over
200 million users worldwide, without worrying about exchange rates or transfer fees
between countries. In particular, it will be a general means of payment that
can be used to purchase tens of thousands to millions of products and
services on Show+ Lamp® (e-commerce site).
SHOW+ LAMP®
without worrying about
exchange rates Trading
Since the cumulative number of Show Plus users is estimated to be at least 200 million by 2025, a shopping ecosystem that includes product supply, sales, payment, shipping, refunds, and exchanges can be established based on these users. At this point, using Show+ Chain is a big advantage for users, as there is no need to worry about exchange rates, and transfer fees are almost zero when transferring product prices between countries or individuals. Using Show+ Chain to pay at Show+ Lamp is a more advantageous payment method for users than any other payment method, so the number of Show+ Chain users is expected to increase.
SHOW+ PAY®
Samsung, Apple Pay, etc.
Combining hardware
The internet has made it possible for individuals to exchange photos, documents, and other items easily and inexpensively. With the advent of cryptocurrencies, such as Bitcoin, it has become easier for individuals to exchange money online.
However, existing cryptocurrencies, including Bitcoin, have too much volatility and a lack of scalability, making them unsuitable for everyday use by the general public. They are used more often as a means of increasing wealth or creating assets, rather than for real-world use. Now that Show+ Chain has secured a solid exchange value at Show Plus and Show+ Lamp, it can become an infinitely universal payment method that is used in everyday life. After establishing itself as a payment method for annual millions of dollars in prizes and sponsorship payments, as well as for product fees exceeding hundreds of millions of dollars, it will become a universal payment method that can be used anywhere, especially when combined with hardware-based payment services like Samsung Pay and Apple Pay, becoming a payment method that can be used anywhere offline.
SHOW+ TALK®
A group chat room that
serves as a venue
Show+ Talk is a platform for supporting and sponsoring creators, and actively promoting content that users like. Here, you can support specific creators or content as a group (similar to a fund that receives small investments from many people and invests them for profit), and various open chat rooms focused on specific fields or genres are activated. As various transactions take place, such as providing creative ideas to creators, receiving training on creative methods, or promoting specific content among users, Show+ Chain is also used as a payment method.
Show+Café
Nationwide franchise that accepts payments through Show+ Chain
As a nationwide franchise that can be paid directly through Show+ Chain, the industries such as coffee, bakery, wine, and fine dining are diverse, and it consists of 4~5 directly managed flagship stores and a large number of franchisees directly operated by the headquarters.
Show+Café will be used primarily by the influencers behind Showplus and Show+ Lamp, and will therefore function as an important social venue and information to exchange market trends.
If you become a franchise owner, you only need to rent a store and operate a store, and interior construction, material supply, employee training, and advertising are carried out by the head office, and the total profit generated is shared in half between the franchisee and the head office.
If a prime holder of Show+ Chain stakes more than a certain amount of Show+ Chain, he or she can first obtain the right to operate a franchise, and if he or she does not operate a franchise, he or she may choose to receive a certain percentage of the company's profits as rewards.
Show+Bank
Show+Bank is a new neobank that combines AI and blockchain
Show+Bank issues S-USDT pegged to USD, S-EURT, S-CNHT pegged to Chinese yuan, and S-XAUT pegged to physical gold, in accordance with the laws of each country, in strict compliance with the European Markets in Crypto Assets (MiCA). MiCA is acting as a law that supports the "stablecoin trend" because it specifically provides investor protection for stablecoins. Show+Bank plans to follow Mika's investor protection plan and issue virtual assets that guarantee price stability by linking them to existing fiat currencies or real assets.
Purchasing NFTs
Stars performance
photo and etc.
Artists from Shinlee Entertainment and partner companies use
Showplus Chain. You can purchase related NFTs for stars’ performance
photos and album jackets, NFT-issued works, such as albums and
work copyrights, are supported in the NFT corner of Star Market and
can be purchased through Showplus Chain, and P2P transactions
and trade between users are also possible.
