Sunday, June 13, 2021

Sugar Factory - connecting the Music Industry & Blockchain technology together to create a brighter future for independent artists


“When, where and how will the Music Industry & Blockchain technology unite to realise a brighter future for independent artists?”

The problem with innovation is that there has always appeared to be a lack of incentive. We at SugarFactory are convinced that new technologies paired with Music and Art can pave the way for a complete new system. Created by a group of investors, artists and designers, the project is spearheading change in the way technology and the arts interact.

When, where and how will the Music Industry & Blockchain technology unite to realise a brighter future for independent artists? Is there a fairer way for artists to manage and streamline their journey in the industry by having more control over their earnings? Are there new, innovative ways for artists to interact with their fans and obtain more control over the entire process?

Ultimately our goal is to empower individual artists!


“The SuGarFuel Token Protocol will help SugarFactory to expand the team and project, unique in its kind.”

The SGFuel Token has been issued to give the project its first token and give people a chance to join our community and support our ecosystem. $SGFuel is a deflationary currency created on the Binance Smart Chain network with a maximum supply of 10 billion tokens. The SuGarFuel Token Protocol will help SugarFactory to expand the team and project, unique in its kind.

Every time $SGFuel is traded, 3.5% of the transaction is distributed to each $SGFuel holder in proportion to their asset value, while another 4.5% is automatically added to the liquidity pool. This Auto-Generating Liquidity Protocol generated by Static Farming means that every time $SGFuel is traded, the value increases while the supply decreases.

The more transactions that occur on our network, the more the individual net-worth of the token increases.


“By assisting artists in their transition to a new ecosystem, we will encourage them to change the rules of the industry, and establish greater self-control over their career”

Already working with singers/songwriters, DJs and painters to launch different projects, we will soon accept submissions of artists’ work to include in our roster and to help them break through the industry 2.0 alongside the blockchain technology.

By assisting artists in their transition to a new ecosystem, we will encourage them to change the rules of the industry, and establish greater self-control over their career. In the near future, SugarFactory will launch its own exchange where token holders have the opportunity to stake and invest in different pairs, including our roster.

Phase 0: « The Oven »
  • Name: SuGarFuel 
  • Token Symbol: SGFuel
  • Decimals: 18
  • Blockchain: Binance Smart Chain
  • Launch Date: 2021/06/19 17:00 (GMT)
  • Supply: 10 Billions
  • Static Rewards: Liquidity/Holders
LIQUIDITY GENERATING

All SGFuel LP tokens are locked.

CRYPTO REWARDS

A % of the selling tax is returned to holders as rewards.

MAX TOKEN SUPPLY

Our ecosystem has a total limit of 10,000,000,000 tokens and this value cannot be exceeded to ensures that the supply never goes up by further minting.

APPEALING TOKENOMICS

10% selling tax. 3.5% of all sales go back to holders as SGFuel tokens, another 4.5% goes into liquidity while an extra 2.% goes into the maintenance wallet.

MANUAL BURN

Weekly manual burn. Tends to drive an asset’s price upward. A portion of the burn for Airdrops and Giveaways, Bounty, Contest and more features to come.

ANTI WHALE

A presale buying limit ensures a fair chance of any one getting to be a part of our movement. Community built token with a selling tax who ensures a buying pressure always higher than the selling pressur

REVIEW SUGARFUEL TOKEN


COMMUNITY DRIVEN

Build the project alongside the community and give them possibilities for monitoring our progress.


AUTOMATIC LP

A tax of every transaction is taken, split, and re-distributed into liquidity pool and the rest of this tax goes to SGFuel holders.


RFI STATIC

Static rewards for holders through static reflection. Incentivizing them to HODL, while their balance grow indefinitely.

TOKEN TRACKER

SuGarFuel Token (SGFuel) Token Tracker

SuGarFuel Token (SGFuel) Token Tracker on BscScan shows the price of the Token $0.00, total supply 10,000,000,000, number of holders 2 and updated information of the token. The token tracker page also shows the analytics and historical data.

$SGFUEL LIVE CHART

PooCoin live streaming charts DAPP for Binance Smart Chain (BSC) tokens.

TG2: ANNOUCEMENTS

SugarFactoryBsc #Announcements TG#2 SugarFactoryBsc.io Official Announcements! https://biglink.to/SugarFactoryBsc TG - #Official / @SugarFactoryBsc TG - #Community / @SugarFactoryBscComm #SGFuel #SuGarFuelToken #SugarFactoryBsc
Every aspect of the project will be revealed with the release of the roadmap…

Roadmap Release

Based on our staking and reward projections, we will allocate a fair amount of tokens on staking rewards. This will incentivize stakers to hold their tokens during the early stage of the Sugar Factory development. In addition more features will be launched and revealed with the release of our Roadmap.

In conclusion:

1. Liquidi ty providers get a return based on the amount of liquidi ty they are providing into the pool as rewards.

2. SugarFactoryBsc aims to incent ivize i ts communi ty.

3. The SugarFactory exchange will close the gap between ar t and technology.
 
To conclude

In a later stages we will hold a program where our community can choose how we will contribute and share our success through charitable donations.
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