How it works
Sharify is a Web3 platform on the Ethereum blockchain that allows creators to generate tokens and sell them to their community. Every month the protocol will automatically calculate an interest rate to pay back the token holders based on the performance of the channel’s creator. After one year, starting from the subscription, tokens expire, and the user can freely decide to renew it or not.
The Token can be purchased with Ethereum through personal wallet. After the payment the user has the right to be a token holder of the channel that he wants to invest in. The user can buy multiple tokens of the same channel and be a larger part of token holders. Token has the ability to self-market. When people really own certain tokens and feel the opportunity to access gain from it, they will spontaneously want to spread it across their network.
Sharify generates the liquidity from advertisement and subscriptions fees, leaving the protocol to automatically send a monthly payment directly to the token holder’s wallet, depending on the channel’s performances. So, if a creator does not publish any content, it is most likely that there will be no return for the token holders.