Description:SubMe is protocol that will be revolutionizing the way that people will be able to buy and sell goods and services, by subscribing everything. In today’s world, if someone want to subscribe to a service, they have to go through the native ecosystem they’re subscribing to.
Many users are likely familiar with the multitude of problems that come with their day to day subscription services: like oversubscriptions, inability to cancel subscriptions, high costs from overhead fees, and the separation of subscriptions by platform. SubMe is looking to change the game by offering users all of their subscription services in one place, at lower costs, and with more options, than anything on the market.
Not only will SubMe be offering all-in-one-location subscriptions to regularly subscribed services, like Spotify, Youtube, Netflix, Hulu, etc., they will also be providing subscription services to essentially any good that someone wants to provide. For example, if a dietician has a certain meal plan that you like, you can subscribe to get those ingredients on a set time schedule; or if a content creator has videos that you enjoy watching, you can subscribe to their channel to see their premium content. You could even imagine that a clothing designer could create seasonal releases for subscribers, or an author could directly publish their books to their fans.
The possibilities for decentralized subscription services are near infinite, and the potential is glaringly clear, especially as the world moves more and more online. Subscription services are a worldwide market with hundreds of billions of dollars in yearly purchases, with estimates going as high as $6.4T in yearly global volume by 2024. By offering a platform where users can manage all of their subscriptions in one,
SubMe is poised to capture a significant portion of the growing ecommerce market. With the launch of the SubMe app quickly approaching, and the liquidity launching in Q2, this is perfect opportunity to learn more and get in early.
The SubMe ecosystem is composed entirely around the SUB token. Any transactions within the SubMe app will require the SUB token as a fee, thus creating an inherent buy pressure for the token itself as more people use the dapp. Specifically, the use cases of the SUB token are 6-fold, with each transaction fee on the dapp being used to boost the integrity of the overall protocol.
1. The Seller: will receive their subscription payment (in fiat) minus the fees
2. The Users: If someone uses the SUB token itself to pay for a subscription, their fee for the transaction will be reduced, while earning 2.5% cashback in SUB
3. The Market: Users can participate in buying and selling the SUB token, much like any other speculative asset. However, users can also use the SUB token to subscribe to a coin/token, i.e. you could use the subscription service to Dollar-Cost-Average into your favorite crypto.
4. Staking: 10% of all fees will be used for staking rewards, to promote users to lock up their tokens. Staking gives users an opportunity for APY on their holdings, while also helping to secure the network by reducing the circulating supply.
5. Buyback and Burn: 5% of all quarterly revenues by SubMe will be used to buy back the SUB token and burn it. This mechanism will bolster the liquidity floor, and promote the long term growth of the protocol.
6. Charity: In order to do their part to help give back, SubMe will be donating 5% of all accumulated fees to charities worldwide!
This token dev does not have any successful token launches yet and has a zero rep score so far. Please DYOR.
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