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Whitepaper

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Overview

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The Company

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Market

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Aboat Token

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Disclaimer

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Executive Summary

“Creators shouldn't beg for money, we should beg for creators. "

Online entertainment is a rapidly growing market and nearly everyone consumes some form of entertainment content.

However, what few people ask is where the content comes from and how it is paid for. Very few content creators can live from their content alone, as they are either too unknown or have no access to suitable monetization methods. At the same time, conventional methods only offer options that either annoy the consumer or cost money.

Aboat Entertainment is building a media hub, combining the best of blockchain and online entertainment to unlock new earning and promotion opportunities for creators and their communities.

Use and earn

It doesn't matter if you listen to content, watch it, provide it yourself or just play. Earn free tokens for your activity.

Promotion

We provide gamification features combined with our reward system to enable an incentivization of visibility. Despite the onboarding of "normal" users into web3 space in a fun and safe environment, we also provide the required visibility and feedback that creators need to improve and build their community by features like our task system.

Sustainable Ecosystem

To ensure that our reward system works in the long term, we have integrated various solutions to ensure sustainable token issuance and back integration.

Welcome aboard!

What is this aboat?

Aboat Entertainment is a german incorporated company and strives to develop blockchain-based online entertainment products in order to help new and upcoming content creators as well as their communities.

Founders Foreword

I discovered my passion for game development at a young age and have kept it to this day. I have spent most of my life improving my programming skills and personal development.

Why am I doing this? Some of my favorite childhood experiences were making games with my brother and getting positive feedback from avid gamers. Driven by this feeling, I wanted to realize myself and start as a game developer. Unfortunately, during my training and subsequent studies, reality caught up with me and I had to realize that you can't just live with developing games and providing interesting content.

But why? Very easily. Big companies and old structures don't want that. We have a financial system that dictates exactly how money should be earned, and big corporations don't care about the "small fish". Either you follow the rules or you get swallowed up.

In 2017 I had my first points of contact with the blockchain and I quickly became aware of the possibilities. In the beginning I just wrote trading bots that should trade automatically for me. When I got more and more involved with the Ethereum environment, I fell in love with the system. The possibilities that are offered seem to break up these old structures that I was familiar with and make room for new ones.

At the beginning of 2020, we noticed more often that the problem of monetization also applies to other entertainment areas than just gaming. And so the idea for Aboat Entertainment was born.

We don't just want to create a media hub, we want to change the way of monetization and thereby strengthen artistic freedom.

Thanks very much

Fabian Reichenberg Founder, CEO

Issue Statement

  1. Creators struggle to effectively monetize their content and gain visibility in an increasingly competitive market, limiting their ability to grow and sustain their creative efforts.

  2. Listeners often face difficulties discovering new, engaging content tailored to their interests, leading to a less satisfying and personalized online entertainment experience.

  3. The complexities and technical barriers associated with web3 adoption prevent a wider audience from accessing and benefiting from the opportunities and advantages of decentralized platforms and blockchain technology.

Customer Segments

  • Technology enthusiasts

  • Early adopters

  • Content creators

  • Content listeners

Our Solution

Technology

The ABOAT ECOSYSTEM has a semi-decentralized structure, as the focus is primarily on smart contracts. In the background, the backend acts as a security mechanism and to enable the free use of ABOAT TOKEN. The connection can best be described using the following graphic:

In the first step, the user validates that they want to receive their reward. To do this, it first sends a transaction to the reward system and then to the backend. This checks whether the user and the associated wallet have really deposited in the reward system that he has started an order. After this is confirmed, the necessary data is fetched from the database and an order is sent to the Oracle Service. The Oracle Service has access to the rewards system's owner wallet and is thus able to tell the rewards system that a distribution is to take place and the amount of this distribution. Finally, the reward system sends the reward to the respective user.

Trend Analysis

The time is now as blockchain and crypto is getting more adoption while bringing new business models and possibilities to the entertainment industry

Web3 Adoption

To address the challenges of web3 adoption, which include complexities and technical barriers that prevent a wider audience from accessing and benefiting from the opportunities and advantages of decentralized platforms and blockchain technology, a multifaceted solution is required.

The proposed solution involves the development of an educational, user-friendly platform that simplifies the web3 experience for users of all technical backgrounds. This platform will offer a comprehensive onboarding process, with intuitive tutorials, user guides, and interactive learning modules that break down complex web3 concepts into easily digestible information.

Integration of a seamless and secure wallet management system will further simplify the user experience, allowing users to easily access, manage, and transact with their digital assets without having to navigate multiple platforms or tools.

One innovative feature of the platform is the ability to onboard users into web3 without a fiat gateway, through transactionless reward claiming in chain-native coins. This approach eliminates the need for users to rely on traditional financial systems, making the entry into web3 more accessible and inclusive.

In addition, a strong emphasis on community building and support will be crucial in fostering a welcoming and collaborative environment. This can be achieved through the implementation of dedicated forums, social features, and mentorship programs that connect experienced web3 users with newcomers, facilitating knowledge sharing and collaboration.

Finally, partnering with established web3 projects and organizations can help raise awareness and promote the platform as a trusted and reliable resource for web3 education and adoption.

By implementing these strategies, the proposed solution aims to tackle the challenges associated with web3 adoption, making the benefits of decentralized platforms and blockchain technology accessible to a broader audience.

Meet the Team!

Products

Key resources

Technological Knowledge

  • DevOps

  • Web3

  • Blockchain

  • Microservices

  • Kubernetes

  • Docker

  • Azure/AWS

  • Frotend-Technologies (Angular/React/Flutter)

  • Backend-Technologies (.net/Java)

  • Game-Technologies (.net, Unity)

Talkaboat

Talkaboat is our Podcast-Platform. You can earn Podcasts while receiving the $ABOAT token. Not only the listeners are earing. An content creator can announce their podcast to us und when the podcast is being heard the content creator also receives the $ABOAT token.

Furthermore we want to integrate the feature "live streaming" where content creators can use our platform to get in contact with der listeners and their community. For the live streaming platform the same applies to listen podcast. The listeners and the content creators are earning the $ABOAT token.

Website: https://talkaboat.online

Android: https://play.google.com/store/apps/details?id=com.aboat.talkaboat

Apple: https://apps.apple.com/de/app/talkaboat/id1637833839

Idea

The core idea of the ABOAT ECOSYSTEM is the linking of different platforms, games and entertainment media in a large universe. The focus is on gamification, incentives and the community, creating a new sense of togetherness between the content creator and their community. At the same time, the aim is to reduce the need for monetization and draw more attention to new and less well-known content creators.

Customer relationships

  • Providing a close relationship in Telegram to build an active feedback pipeline

  • DAO features to give customers a chance to change the direction of development/business

  • Social Media (external like Twitter, Facebook, Instagram and in Aboat Ecosystem)

  • In-App Support

Value proposition

Aboat Entertainment simplifies the onboarding for content creator and consumers to the web3 world with a gamified and incentivized ecosystem.

Further we offer users to become a sort of publisher by buying different kind of content rights (like income rights) which is connected to our reward and monetization system by smart contracts

Aboat Entertainment

Aboat Entertainment UG is a German company and is therefore obliged to comply with German legislation and to support the regulatory authorities in their actions by acting openly and transparently. It may therefore happen that processes have to be adapted in order to comply with these regulations and laws.

The company was founded entirely from private funds and the development was driven exclusively by its own team.

Aboat Entertainment has a very experienced team of developers who can demonstrate several years of professional experience at one of the largest German IT service providers. Thanks to this experience, we can guarantee a secure and high-performance infrastructure and parallelize many development steps.

The young and dynamic team is very inquisitive and strives to build up a broad knowledge that does not only relate to development.

Creator NFTs

Daily Tasks

Market and industry information

This white paper contains market and industry information and forecasts, which may have been obtained from internal surveys, reports and studies as well as from market research, publicly available information and industry publications. These surveys, reports, studies, market research, publicly available information and publications generally state that the information contained therein comes from sources believed to be reliable, but no guarantee is given as to the accuracy or completeness of the information contained. ABOAT ENTERTAINMENT has not independently verified the information obtained from third-party sources, the accuracy or completeness of this information and the underlying economic assumptions on which it is based, not determined. Consequently, the companies of ABOAT ENTERTAINMENT and their officers and employees make no representation or warranty as to the accuracy or completeness of this information and have no obligation to update it.

Investors

Investors are primarily looking for exciting and future-oriented projects. The main focus is often on supporting the company and of course on making a profit. In the long term, most of this target group will sell off a large part of the tokens acquired. However, the Aboat team is also trying to make the products attractive for long-term investors.

Restriction of buyers

You are not eligible and may not purchase ABOAT through the Token Sale if you are a citizen or resident (for tax purposes or otherwise) of any country or state where the purchase of ABOAT or similar crypto tokens or the Token Sale may be prohibited considered non-compliant with applicable laws and regulations. In particular, if you are based in the People's Republic of China, you cannot purchase ABOAT via the token sale.

The purchase of ABOAT should only be made by individuals, entities or companies that have extensive experience with and understanding of the uses and intricacies of crypto tokens and blockchain-based software systems. Buyers should have a functional understanding of storage and transmission mechanisms associated with other crypto tokens. The companies of Aboat Entertainment and their officers and employees are in no way responsible for any loss of crypto tokens, ABOAT or fiat currencies caused by the acts or omissions of the buyers. If you do not have the required experience or expertise, you should not purchase ABOAT or engage in the sale of ABOAT.

You should carefully consider the risks, costs and other disadvantages of acquiring ABOAT and, if necessary, seek your own independent advice. If you are unable to accept or understand the risks associated with the token sale of ABOAT (including the risks associated with not developing ABOAT ECOSYSTEM) or other risks listed in this whitepaper, you should not use ABOAT purchase until you have obtained the necessary independent advice.

The Token

With the ABOAT TOKEN (ABOAT), ABOAT ENTERTAINMENT provides a utility token which, in addition to the pure reward for consuming and providing content, can also be used to unlock premium content, subscriptions and game content.

The ABOAT TOKEN is created by Aboat Entertainment UG (limited liability) and managed by two smart contracts after initial distribution. These smart contracts consist of:

· Master Entertainer: 40% of the maximum number of ABOAT TOKENs are reserved for the Master Entertainer. This can distribute the coins in the form of staking/yield farming. This contract will not be refilled and will expire once all ABOAT are distributed.

· Reward System: The reward system initially receives 10% of the maximum number of ABOAT TOKENs and is e.g. B. refilled by the transaction fees. In the future, further systems will be added to return part of the ABOAT to the reward system and thus create deflation. The reward system serves to incentivize content and distributes ABOAT depending on the Oracle service. The Oracle Service is the interface between the backend and the smart contract.

Reward System

Both the subscription model and our reward system are responsive to market and distribution conditions. For example, if the average $ABOAT token price falls compared to the previous day, the rewards paid out also fall. On the other hand, if the price increases, the rewards distributed will also increase. The whole thing is based on the supply and demand model and thus ensures price stability.

If the reward system notices that the sustainability of the ecosystem is in danger, the rewards are also gradually reduced (and increased again) until the system reaches a sustainable state.

Sale

Captain

Description
Captain

Staked

500.000.000

Reward Vesting

7d

Pool

360d

Multiplier

10

Team

Joscha Reichenberg, Dennis Lange, Fabian Reichenberg, David Merbitz, Felix Wildt Alina Reichenberg, Arianit Gecaj

Revenue Streams

  • Fees on staking/farming

  • Fees on nft-marketplace

  • Advertisement (Pre-/Mid-/Post-Roll, Reward Ads, Promotional Ads)

  • Fees on transactions and claiming rewards

  • Selling Game-/Boost-NFTs

Furthermore, Aboat Entertainment UG reserves the right to offer services in related fields (blockchain, online entertainment, software development) for third parties

Market Entry Strategy

Our focus will be on the crypto podcast niche market. We plan to partner with crypto and technology podcasters by direct approach and writing stories about podcasting and web3 technology. With these partners we can incentivize their community to become listeners while extending our platform with the feedback creators and their communities provide. Additionally we want to partner with crypto communities and projects, as almost every of them is doing Voice/Video AMA's (ask me anything) which could be transferred to an episode. This way they and their community could benefit from our infrastructure while we generate more active listeners. We are offering them a further channel for providing their content in combination of getting ABOAT token and incentivizing their users to listen to their latest content.

At the beginning, Aboat Entertainment strives to make the branding known and to build a community. To do this, we focus on direct contact and various events.

Creators Clubhouse

Clubhouse is Aboat's VIP-Room to connect fans with their favorite creators. A creator can open his clubhouse by creating a special NFT through Aboat. This NFT is open for fans to buy or subscribe in order to get exclusive access to special content, events, actions as well as a private clubhouse chat with the creator and other clubhousers of this creator.

Additionally Aboat grants every clubhouse nft holder access to the exclusive clubhouse staking pools.

Clubhouse exclusive content is setup and provided by creators and can include anything from special content to private livestreams. Special actions can include airdrops, shoutouts, private video/audio meetings and many more. Aboat Entertainment is always open to extend their systems to make more options available.

Aboat Ecosystem

Unsustainable ecosystems reflect poorly on the watch-to-earn, listen-to-earn, and play-to-earn genres

The Aboat ecosystem offers many ways to use the Aboat Token and thus also provides added value for long-term holders.

A wide range of offers gives the community and content creators more opportunities to use the token, which reduces the pressure to sell the token.

Direct Comparison

In a direct comparison you can see that there are different platforms from the online entertainment sector. However, there are no direct competitors in the niche that Aboat Entertainment initially aims to serve.

In addition, cooperation with existing products such as XCAD Network is possible, since the dual reward system from Aboat Entertainment can also be used to serve content creator tokens, which in turn could come from the XCAD Network.

The open infrastructure of Aboat Entertainment makes it possible to build on existing infrastructures without harming one of the respective ecosystems.

We aim to focus on niche sections like AMAs for the start. Even though every project and community is having those, no competitor puts a deeper interest into it. Through our dual reward system we can not only incentivize users with Aboat Token to listen and participate in an AMA. Projects can even drop their own tokens to incentivize different actions during the Livestream.

Sailor

Sailor
1
2
3

Lieutenant

Lieutenant
1
2

Vision, Mission, Values

Our Vision

Our company vision is to offer unconditional artistic freedom and a strong connection to the community for content creators.

Channels

  • Website

  • Mobile App for Android

  • Mobile App for iOS

Key partners

  • Blockchain Providers (Binance, KardiaChain, Polygon, Ethereum, etc.)

  • Blockchain DEX (KaiDex, PancakeSwap, UniSwap, etc.)

  • CEX (Binance, KuCoin, Huobi, etc.)

Content Creators

Content creators have to deal with old monetization methods, most of which get little, and the community is simply abused as a source of income

We offer the alternative to traditional monetization, building an engagement-based rewards system that rewards content creators and the community equally. At the same time, we offer the additional opportunity for monetization and community engagement for content creators by providing a two-way reward mechanism.

Utility

The $ABOAT token will be embedded in every feature of the Aboat ecosystem - from the staking-based subscription model to donations and payments for content creators.

Thanks to different mechanisms such as B. the automatic, market-related increase/decrease of newly distributed or newly created $ABOAT tokens through the reward system and staking, price stability is established and buying pressure built up.

Business Model

Subscription Model

In addition, the Aboat Entertainment subscription model offers the possibility to create tokens for a longer period of time in order to receive further advantages.

The subscription model is split between community and creator as creators potentially receive more rewards. A safety measure to avoid exploiting the ecosystem is the Lock Time, Reward Factor and Maximum Reward Time. By default, the rewards you receive in a day are locked in the system for 30 days before you can withdraw them and are limited to a maximum of 3 hours per day.

Vesting

TGE = Token Generation Event (day of public launch)

Lock in month = After you received the initial amount (TGE) there will be a n-month lock where you don't receive more bought tokens. After the lock you get the token percentage mentioned in release per month after lock.

General Information

This white paper describes the initial sale where the ABOAT TOKEN (ABOAT) is sold. ABOAT is a crypto token that can be used for all services offered by the ABOAT PRODUCTS as explained in this whitepaper. ABOAT can also be used as a crypto token to pay for other services offered by other companies. Aboat Entertainment will generally not restrict the use of ABOAT or the types of business entities that wish to use ABOAT for their business.

ABOAT shall not constitute a security in any jurisdiction. This white paper is not a solicitation of investment and in no way relates to an offering of securities in any jurisdiction.

ABOAT does not represent any equity, shares, shares, royalties or rights to capital, profits, earnings or proceeds of the platform or software or the company or any other company or intellectual property affiliated with Aboat Entertainment UG or any other public or private company, corporation , foundation or other legal entity. An ABOAT token is not intended to represent a security or similar legal interest and is not an investment product

Please note that purchases from ABOAT are final and non-refundable.

Individuals, companies and other organizations should carefully consider the risks, costs and benefits of acquiring ABOAT.

The white paper does not constitute advice on purchasing!

Distribution

Fee Structure

  • 30 % Aboat Entertainment

  • 30 % Liquidity

  • 40 % Reward System

Each outgoing transaction triggers a fee of 1 – 5% depending on the amount of ABOAT TOKEN in the wallet. If the sender has at least 0.5% of the ABOAT TOKENs in circulation, this triggers a transaction fee of 5%.

Decentralized Decision Making (DDM)

Aboat Entertainment is not a fully fledged decentralized autonomous organization (DAO) as the main decisions are still made in best interest of the community and company to maintain sustainability. Neverless there is the possibility for every token holder to push their idea and opinion to the top through the DDM System.

Everyone who stakes official) or ABOAT-LP on any chain in can participate in Aboat's DDM System.

Requirement:

  • Voting Power of atleast 2,000,000

Our Mission

Bringing new methods of monetization to content creators and the community, bringing the focus back to what matters most: the content and the connection it creates between us all.

Our Values

Be Compassionate

We treat everyone we encounter with compassion, seeing the humanity behind their problems and experiences.

Be Mindful

We do not take advantage of our users' attention and adopt mindful working practices so that we can create safe spaces both in our working environment and in our products themselves.

Research First

We challenge our own and others' assumptions through qualitative and quantitative research. Not sure about an idea? Test it.

dApp
Crypto- & Community-Projects to share insights/marketing and make use of our infrastructure for their AMAs
Statements made in the white paper relate to the future of the ABOAT ECOSYSTEM and may change depending on legislation, regulation or the market situation. Aboat Entertainment UG writes the whitepaper to the best of its knowledge and belief. However, it is not responsible if strategic/environmentally influenced decisions lead to a change in the basic concept described here.

Example A: Wallet contains 0.45% of the outstanding ABOAT => 4.5% fee

Example B: Wallet contains 0.05% of the outstanding ABOAT => 1% fee

Initially, the percentage is increased to 5-10% to stabilize ABOAT. As soon as the management of Aboat Entertainment determines a stabilization, this value will be reduced to the originally planned value of 1 - 5%. The team reserves the right to adjust the value depending on strategic/environmental factors.

ABOAT has implemented a security mechanism, whereby the maximum transaction fee is 10%.

Advertisment

Choice

Max. Reward Time

12h

Daily Tasks

6

Open Community

X

Referal

3%

Levels

1

Pool

180d

180d

180d

Multiplier

2.5

3

3.5

Advertisment

X

X

X

Max. Reward Time

6h

6.5h

7.5h

Daily Tasks

3

3

3

Open Community

-

-

-

Staked

30.000.000

60.000.000

100.000.000

Reward Vesting

30d

26d

21d

Where can I find the decentralized decision making?

You can find a overview on https://app.aboat-entertainment.com. There you also get information about the Token, supported networks and everything else you might need to emerge into the Aboat Ecosystem.

ABOAT
Aboat Master Entertainer
While the $ABOAT tokens are primarily intended for active use in the Aboat ecosystem, the $CREATOR tokens, which are provided by the content creator himself, can be used to purchase and activate various content from the content creator.

Content Creators

In today's digital landscape, content creators are facing an uphill battle when it comes to monetizing their content and increasing visibility. This challenge stems from several factors, which we will analyze to provide a deeper understanding of the problem.

  1. Market saturation: With the rapid growth of online platforms, there is an overwhelming amount of content available to consumers. This saturation makes it difficult for creators to stand out and capture the attention of their target audience. As a result, many talented individuals struggle to gain traction and recognition for their work.

  2. Platform dependency: Many creators rely heavily on established platforms such as YouTube, Spotify, and Patreon for monetization. However, these platforms often take a significant portion of the revenue generated from ads, subscriptions, or donations, leaving creators with a smaller share of the earnings. Additionally, creators are subject to the policies and algorithms of these platforms, which may not always prioritize their content or fairly compensate them.

  3. Ad revenue challenges: The traditional ad-supported model of monetization can be unpredictable and unreliable, with fluctuating ad rates and inconsistent revenue streams. Moreover, with the increasing use of ad blockers, many creators are finding it more difficult to earn a stable income from advertising.

  4. Discoverability issues: As the competition for attention increases, creators often have to invest significant time and effort into marketing and promoting their content. This detracts from their ability to focus on creating quality content and may lead to burnout.

  5. Limited monetization options: While subscription and donation models are popular, they may not be suitable for all creators or content types. Furthermore, these models often rely on a strong and loyal fanbase, which can be challenging to build, especially for new creators.

Consumers

Navigating the vast array of content in today's digital environment, podcast listeners frequently find themselves overwhelmed by the sheer volume of options available. This plethora of choices can make discovering new, engaging content that aligns with their interests a daunting task, ultimately leading to a less satisfying and customized online entertainment experience.

  1. Content overload: With the exponential growth of online content, consumers are inundated with an overwhelming number of options, making it difficult to identify and discover new, high-quality content that aligns with their interests and preferences.

  2. Platform algorithms: Many content platforms use algorithms to curate and recommend content for their users. However, these algorithms often prioritize popular or trending content, which may not necessarily align with an individual's specific interests or preferences. As a result, users may miss out on lesser-known, yet highly relevant and engaging content.

  3. Filter bubbles: Personalized content recommendations, while intended to provide a more tailored experience, can sometimes inadvertently create filter bubbles. These bubbles limit the diversity of content that a consumer is exposed to, reducing the chances of discovering new topics or creators outside of their immediate interests.

  4. Inefficient discovery mechanisms: Traditional content discovery methods, such as search engines and browsing through categories, can be time-consuming and inefficient. Listeners may struggle to find new and engaging content in a sea of options, resulting in a less satisfying and personalized online entertainment experience.

  5. Limited social discovery: Word-of-mouth recommendations from friends and social networks can be a valuable source of new content discovery. However, it relies on the consumers immediate social circle and may not always provide a diverse range of content options.

Target Groups

At its core, Aboat Entertainment focuses its marketing on three target groups:

  1. Private users

  2. Content creators

  3. Investors

Consumers

In order to address the issue of content discovery challenges faced by users who struggle to find new and engaging podcast, music, and video content tailored to their interests, leading to a less satisfying and personalized online entertainment experience, a comprehensive solution is required that emphasizes various aspects of user engagement and content delivery.

An educational analysis of the proposed solution highlights the integration of a staking-based subscription model, daily tasks, NFTs, and a creator ranking system to improve content discovery and user engagement in a collective platform. This platform will encompass various entertainment types, such as podcasts, music, video, and live streaming.

A user-friendly interface with short navigation routes will ensure that the platform is accessible to everyone, regardless of their technical knowledge. By prioritizing ease of use, users will be more likely to explore and engage with a wider range of content.

Community engagement features, such as Creators Clubhouse and social media-like functions that allow users to see what friends are listening to, will promote a more social and interactive experience. These features not only help users find content that aligns with their interests but also encourage active participation and communication within the platform's community.

By focusing on these key aspects and offering a well-rounded, inclusive solution, the content discovery challenges faced by users can be effectively addressed, leading to a more satisfying and personalized online entertainment experience for all.

Aboat Master Entertainer (AME)

Aboat Master Entertainer is our Smart Contract. Most of you might know it as our Lounge, where we all hang around, drinking and having fun while blockchain is buidling little ABOATS for us.

The Master Entertainer always keeps an eye on market conditions. Everytime the average token prices falls or rises the amount of rewards distributed per block (every blockchain needs x seconds to calculate a block).

40% of total supply are locked for Aboat's Master Entertainer to be distributed over the next couple years.

You can find our Lounge on https://app.aboat-entertainment.com/lounge

Risks

The purchase of ABOAT involves considerable risks. Before purchasing ABOAT, the buyer should carefully consider the risks listed below and, where necessary, consult a lawyer, accountant and/or tax advisor before deciding to purchase ABOAT.

(a) ABOAT is stored in a wallet which must support BEP-20 tokens and which is not offered by ABOAT ENTERTAINMENT itself. ABOAT ENTERTAINMENT is not related to the wallet used by the buyer and is not responsible for incorrect use, loss of access data or other errors caused actively or passively by the buyer in connection with the wallet.

(b) Buyer acknowledges that some of the Services within the ABOAT ECOSYSTEM are currently under development and may undergo significant changes prior to release. The buyer acknowledges that his expectations regarding the form and functionality of the ABOAT ECOSYSTEM cannot be met for various reasons.

(c) The buyer acknowledges that ABOAT ENTERTAINMENT initially only provides liquidity on a decentralized exchange (pancake swap or similar). The liquidity provided may deviate from the values ​​specified in the white paper due to official orders (taxes, levies, etc.).

(d) The Buyer acknowledges that while ABOAT ENTERTAINMENT will use its best efforts to timely release the ABOAT ECOSYSTEM and/or associated products, it is possible that the official release may be delayed.

(e) As with other crypto tokens, the value of ABOAT may fluctuate significantly and decline in value for a variety of reasons including, but not limited to, supply and demand, general crypto token market conditions, political or geographic reasons, changes of regulations in certain countries and technical reasons.

(f) ABOAT is issued on the Binance Smart Chain blockchain. Therefore, any disruption or unexpected functionality of the Binance Smart Chain Protocol may affect the buyer's ability to transmit or securely hold ABOAT. Such an impact could adversely affect the value of ABOAT.

Holder Benefits

The basic idea of the token is not to hold the coin, but rather to use it in the ABOAT ECOSYSTEM. However, long-term ABOAT holders can benefit from higher payouts from staking and higher rewards from the rewards system. In addition, token holders can vote on which charity campaign/company the charity smart contract pays out to.

Content Creators

Content creators should be given the opportunity to provide their content in a simple, secure and free way without being forced to monetize or search for sponsors.

In addition, the burden of community management should be reduced by integrating various channels into the ABOAT ECOSYSTEM and using its own functions such as e.g. B. Community groups and the direct distribution of messages to different channels.

Multiplier

5

7

Advertisment

X

X

Max. Reward Time

9h

10,5h

Daily Tasks

4

4

Open Community

X

X

Staked

150.000.000

300.000.000

Reward Vesting

14d

12d

Pool

180d

180d

Private Users

The private users (consumers) make up the largest percentage of the community and the products are primarily built for the interaction between private users and content creators.

By combining blockchain technology, gamification and various incentives, users should be encouraged to engage in new content without feeling forced to do so. This is to give everyone the chance to discover new and unknown content creators who would normally have been lost in the flooded market.

At the beginning, the marketing activities are primarily aimed at users with experience in crypto, as blockchain platforms are already accepted here. In a later step, the target group will be expanded to include users with little or no blockchain experience. For this purpose, a product with the preliminary title "Training Room" is planned, which is intended to teach how to use blockchain technology and cryptocurrency in a playful and secure way.

In addition, the use of blockchain technology is not forced on anyone, so users also have the opportunity to use the platform regardless of the blockchain techniques used on it.

Smart Contracts

Our contracts running on KardiaChain Mainnet

Aboat Token: 0x186B1B6CE63932a34FAa8D08bB11B775591Fd6f4

Master Entertainer: 0x91d827170b2EDc2d16A6CB0e8EB19c9b4d7283bc

Reward System: 0x983fded0Df08Bc7Da4622A8Ae2F674a949217341

Staking/Farming

  1. Visit https://app.aboat-entertainment.com/lounge.

  2. Approve token spending for Master Entertainer Smart Contract.

3. Check Pool Details. Every Pool shows how long your tokens will be locked and how much the entry fee is. Entry fee is directly deducted from your deposit

4. Press + to open the staking popup. Read the information carefully as it also tells you how long your tokens will be locked and how much the entry fee is.

5. Choose the amount of token you want to stake.

6. After you approved all transactions the pool view should update after a while. Now you see how much you have staked and how much Aboat you already earned.

7. Claim your earned tokens. This action does not reset the time of your locked tokens.

7.1 + => Stake more tokens. This action resets the time of your locked tokens for this pool.

7.2 - => Unstake tokens. After your lock-period has ended you can unstake your tokens (completly or just some). This action does not reset the time of your remaining locked tokens.

Liquidity

In case you want to stake liquidity, you have to add the desired LP first. You can do so on for example.

Simply approve the spending of ABOAT and add your desired amount of liquidity. You'll receive KDX-LP afterwards which reflects the underlying amount of KAI/ABOAT. This LP can be staked in the Pool.

DDM Voting Power

You can increase Voting Power by staking your ABOAT or ABOAT-LP in Aboat Master Entertainer. The higher your vesting schedule, the more voting power you get for staking.

Vesting Schedule
Multiplier
Example

30 days

2

1k ABOAT staked = 2k Voting Power

90 days

Market Analysis

The online entertainment industry is a huge market that is constantly changing. New media, technology and changing tastes make it almost impossible to say what will be hot in a few years. Blockchain technology has created many new opportunities, including for the entertainment industry.

Aboat Entertainment addresses a growing $183B market opportunity in online entertainment (20.82 % CAGR)

TAM = Total Addressable Market

SAM = Serviceable Available Market

SOM = Servicable Obtainable Market

CAGR = Compound Annual Growth Rate

Founder

Fabian Reichenberg

M. Sc. Big Data & Business Analytics

CEO and Founder of Aboat Entertainment and an avid developer since childhood. After his training as an IT specialist for application development and his further training as a media IT specialist, he completed a dual degree in business informatics at DATEV eG. There he also gained professional experience as a full-stack developer. As an experienced blockchain enthusiast and investor, he has gained diverse experience in trading and dealing with cryptocurrencies.

Cabin Boy

Cabin Boy
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Disclaimer

ABOAT, any company of ABOAT ENTERTAINMENT, and their officers and employees shall not be liable for any indirect, special, incidental, consequential or other loss of any kind, whether in tort, contract or otherwise (including but not limited to loss of revenue, income, - or any loss of profits, loss of use or data) arising out of or in connection with your acceptance of this whitepaper or any part thereof or on which you rely.

The companies of ABOAT ENTERTAINMENT and their officers and employees shall not be liable for the loss of ABOAT after it has been transferred to you for any reason whatsoever, including but not limited to your failure to keep or to maintain an accurate record of your password secure, or someone cracking your password due to your poor password care.

ABOAT ENTERTAINMENT will do its best to start operations and develop the ABOAT ECOSYSTEM. However, any person who commits to acquiring ABOAT acknowledges and understands that ABOAT ENTERTAINMENT makes no guarantee of release of the ABOAT ECOSYSTEM. You therefore acknowledge and understand that ABOAT ENTERTAINMENT (including its officers and employees) shall have no liability or responsibility for any loss or damage arising out of or related to the inability to use the ABOAT.

Regulators are scrutinizing crypto token transactions and operations around the world. In this regard, regulatory measures, investigations or actions may affect ABOAT ENTERTAINMENT's business and limit or prevent the company's development in the future. Any person who decides to acquire ABOAT must be aware that the business model of ABOAT ENTERTAINMENT or ABOAT ECOSYSTEM and its existing platforms may or will change due to new regulatory and compliance requirements in the respective jurisdictions have to. In such event, the Buyers and any person wishing to purchase ABOAT acknowledge and understand that

Competitor Analysis

The first companies are daring to develop platforms that combine entertainment and blockchain and have already had small and large successes

  • Chilli combines crypto and (e-)sports. They allow holders to interact with their favorite sports teams and athletes through the token.

  • Theta has built an ecosystem for online videos and is implementing initial approaches to reward consumers for various activities while watching videos.

Details

DDM Flow

  1. Create a proposal

    • Requirement for opening a proposal is a of at least 2,000,000.

    • You can open 3 proposals at the same time. Once 3 Pre-Proposals are opened by you, you won't be able to submit another one until the voting is ended and your pre-proposals were cancelled or were approved to become a fully fledged proposal.

Management

Alina Reichenberg

Chief Finance Officer

No Representations and Warranties

ABOAT ENTERTAINMENT makes no representations, warranties or commitments of any kind to any entity or person, including any representations, warranties or commitments as to the correctness, accuracy and completeness of the information contained in this whitepaper.

Representations and Warranties of Purchasers

By participating in the ABOAT Token Sale, Buyers represent and warrant to ABOAT ENTERTAINMENT that:

(a) You are authorized and have full authority to acquire ABOAT in accordance with the laws applicable in your country of residence;

(b) You are solely responsible for determining whether purchasing ABOAT is appropriate for you;

(c) you are not acting as an agent on behalf of any other person or entity that wishes to purchase ABOAT or participate in its token sale;

(d) You have carefully considered the risks, costs and other disadvantages of acquiring ABOAT and understand the risks, costs and other disadvantages associated with ABOAT and the Token Sale;

This white paper and any other materials or statements made by ABOAT ENTERTAINMENT and its officers and employees are not intended and should not be relied upon as a solicitation of any investment. They in no way constitute or relate to an offer of securities in any jurisdiction and should not be relied upon as such. This white paper does not contain any information or advice that could be considered a recommendation or serve as the basis for an investment decision.

Neither ABOAT ENTERTAINMENT nor its officers and employees are or should be considered legal, tax or financial advisors.

The purchase of ABOAT does not grant the buyers any rights or influence over the organization and management of ABOAT ENTERTAINMENT.

Audius builds a music streaming platform with blockchain technology and gives musicians direct access to their fans and clear ownership of their works.

You can tell that people are open to new technologies and approaches to online entertainment. But a lot of things still feel “ordinary”. Aboat Entertainment takes it to the next level with its ecosystem, connecting different aspects of online entertainment and adding the wonders of blockchain.

It's not just about returning ownership of their works to artists and levering out intermediaries. Rather, the fans should be actively involved and a completely new entertainment experience should be created by means of gamification.

Another area where Aboat Entertainment stands out is underdog preference. This aims to pull the focus a little away from the big and well known and shed more light on the new and lesser known artists.

The possibilities created by blockchain technology are far from being exhausted. The ABOAT ECOSYSTEM is intended to pave a new level in community-driven entertainment and, thanks to the combination of gamification and incentives, deliver added value for everyone involved. There is currently no project on the market that can deliver the same value and the team is aware that there is a lot of work ahead of them.

A clear advantage of the Aboat Entertainment team is the strong technical characteristics. This means that an MVP can already be provided, which can be published on any EVM-Compatible Blockchain like Ethereum, Binance Smart Chain, etc. in a timely manner. With the technical background, a very well thought-out idea, which has been tested and adapted several times, and a knowledge-hungry team, there is a lot of potential.

(e) you are not trading for speculative investment purposes;

(f) you agree and acknowledge that ABOAT is not a security of any kind in your jurisdiction;

(g) You agree and acknowledge that this White Paper is not a prospectus or offering document of any kind and is not intended as an offering of securities in your jurisdiction or a solicitation of an investment in securities;

(h) You agree and acknowledge that no regulatory authority has reviewed or approved the information contained in this Whitepaper, that no such action has been or will be taken under any law, regulatory requirement or regulation of any jurisdiction and that the publication, distribution or distribution of this white paper to you does not imply compliance with any applicable law, regulatory requirement or regulation;

(i) You agree and acknowledge that this White Paper, the conduct and/or completion of the ABOAT Token Sale, or future trading of ABOAT on any cryptocurrency exchange is not to be taken by you as an indication of the merits of ABOAT ENTERTAINMENT or ABOAT may be construed, interpreted or contemplated;

(j) the distribution or dissemination of this White Paper, any portion or copy thereof, or your acceptance thereof is not prohibited or restricted by any applicable law, ordinance or regulation in your jurisdiction and you, to the extent restrictions on possession apply , have observed and complied with all such restrictions at your own expense and without liability to ABOAT ENTERTAINMENT;

(k) You agree and acknowledge that, in the event that you wish to purchase ABOAT, ABOAT ENTERTAINMENT shall not be construed, interpreted, classified or treated as any other currency:

(i) any type of currency other than cryptocurrencies;

(ii) debentures, stocks or shares issued by ABOAT ENTERTAINMENT

(iii) any right, option or derivative relating to such debentures, stocks or units;

(iv) rights under a contract for differences or any other contract the purpose or purported purpose of which is to obtain a profit or avoid a loss;

(v) units in a collective investment scheme;

(vi) interests in a business trust;

(vii) derivatives of interests in a business trust; or

(viii) any other security or class of security.

(l) You have a good understanding of the workings, functionality, use, storage, transfer mechanisms and other essential features of cryptocurrencies, blockchain-based software systems, cryptocurrency wallets or other related token storage mechanisms, blockchain technology and smart contract technology;

(m) you are fully aware and understand that in the event you wish to purchase ABOAT, there are risks associated with ABOAT ENTERTAINMENT and its businesses and operations;

(n) You agree and acknowledge that ABOAT ENTERTAINMENT shall not be liable for any indirect, special, incidental, consequential or other loss of any kind, whether in tort, contract or otherwise (including but not limited to , loss of income or profits, or loss of use or data) arising out of or in connection with your acceptance of this whitepaper or any part thereof;

(o) you will not use the token sale for any illegal activity, including but not limited to money laundering and terrorist financing; and

(p) all of the above representations and warranties are true, complete, accurate and not misleading as of the date you access or accept this white paper or any part thereof (as the case may be).

3

1k ABOAT staked = 3k Voting Power

180 days

4

1k ABOAT staked = 4k Voting Power

360 days

5

1k ABOAT staked = 5k Voting Power

  • Pre-Proposal Voting

    • After a proposal is created it will become a pre-proposal. In this state the community has 2 days to vote for the proposal type (enhancement, feature, ecosystem). If no one votes for your pre-proposal it will be cancelled after the voting period ends.

  • Proposal Voting

    • The final stage of a proposal is where the community agrees or disagrees to a proposal.

    • Requirement for approval:

      • A proposal needs to be atleast X-Voting Power ahead depending on the proposal type:

        • Enhancement: 100,000,000 VP ahead of denied VP and atleast 10 Votees who approved

        • Feature: 200,000,000 VP ahead of denied VP and atleast 25 Votees who approved

        • Ecosystem: 500,000,000 VP ahead of denied VP and atleast 50 Votees who approved

  • Rewards

    • Approved proposals are rewarded. The creator will receive reward in ABOAT depending on the approved proposal type:

      • Enhancement: 200,000 ABOAT

      • Feature: 500,000 ABOAT

      • Ecosystem: 2,000,000 ABOAT

  • voting power
    B. A. Business Administration

    Alina was able to get to know various positions in the company and gain experience during her training as an office communication clerk and the subsequent dual course of study. In addition to specializing in quality management and process optimization, she has gained professional experience in HR management.

    https://kaidex.io/de/add/KAI/0x186B1B6CE63932a34FAa8D08bB11B775591Fd6f4

    30d

    30d

    Pool

    30d

    90d

    90d

    Multiplier

    1

    1.25

    1.5

    2

    Advertisment

    X

    X

    X

    X

    Max. Reward Time

    3h

    3.5h

    4h

    5h

    Daily Tasks

    2

    2

    2

    2

    Open Community

    -

    -

    -

    -

    Staked

    0

    5.000.000

    10.000.000

    20.000.000

    Reward Vesting

    30d

    30d

    Token Launch Price

    $0.000025

    Use of the Funds

    Please refer: Use of Funds

    Token name

    ABOAT TOKEN

    Symbol

    ABOAT

    Chain

    EVM ERC-20 Standard Token

    Maximum amount

    1,000,000,000,000 (1 trillion)

    Selling price

    Seed Sale

    $0.0000135

    Lucky Sale

    $0.0000135

    KardiaChain IDO

    $0.000018

    MultiChain IDO

    TBA

    Tokens for sale

    50,000,000,000 (50 billion)

    Cost structure

    • Technological Infrastructure

    • Salaries to permanent employees

    • Events & Marketing

    Web3 Adoption

    The potential of web3 and blockchain technologies to revolutionize various industries, including online entertainment, is undeniable. However, widespread adoption has been hindered by complexities and technical barriers that make it challenging for a broader audience to access and benefit from decentralized platforms. In this issue statement, we will analyze the primary factors contributing to these challenges and discuss their implications.

    1. Technical knowledge requirements: Web3 and blockchain technologies often necessitate a foundational understanding of concepts like cryptocurrency, decentralized applications (dApps), and smart contracts. For newcomers, the learning curve can be steep, resulting in a significant barrier to entry.

    2. User experience: Decentralized platforms can sometimes lack the user-friendly interfaces and experiences that mainstream users have come to expect. Navigating these platforms can be confusing or intimidating, discouraging potential users from exploring further.

    3. Wallet and key management: Managing private keys and digital wallets can be complicated and risky, especially for those unfamiliar with the underlying technology. The fear of losing access to funds or making mistakes can deter users from engaging with web3 platforms.

    4. Network congestion and transaction fees: High transaction fees and network congestion on popular blockchains, such as Ethereum, can create additional obstacles for users, especially during periods of increased demand.

    5. Regulatory uncertainty: The rapidly evolving landscape of blockchain technology and cryptocurrencies has led to a lack of clear regulations in many jurisdictions. This uncertainty can create confusion for users and discourage widespread adoption.

    Creator Ranking System

    Use of Funds

    Sale Type
    Liquidity
    Marketing
    Audit
    Development

    Lucky

    30%

    45%

    10%

    15%

    Private

    30%

    15%

    10%

    45%

    KardiaChain IDO

    30%

    25%

    0%

    45%

    MultiChain IDO

    100%

    0%

    0%

    0%

    Updates to token sale details

    ABOAT ENTERTAINMENT reserves the right, in its sole discretion, to change, modify, add or remove portions of this white paper and the Terms at any time during the sale by posting the change on the ABOAT website. Any buyer is deemed to have accepted such changes by purchasing ABOAT. If at any time you disagree with any part of the then current version of this white paper and the Terms, you should not purchase ABOAT.

    Key activities

    Podcast Streaming (Live & On-Demand)

    Live-Streaming (Video- & Audio)

    Content Hosting

    NFT-Marketplace & -Generation

    Content(-Creator) Promotion