WHAT IS IT?

Juice marketplace is a marketplace where you truly own the content. It allows digital creator’s to sell their digital content in a self-custodian way, using public blockchains, which provide a completely decentralized solution for this application. Encrypted digital content is stored on IPFS and only the owner of the token which embodies the respective encrypted content, has the private keys to decrypt it. Videos, Music, images, 3D files, Books, Courses, anything that can be stored as a digital file, can be sold.

WHY?

To provide a decentralized, self-custodian and simple solution for digital creators to sell their content. And because it’s a neat and easy way of selling and buying digital content using blockchain and digital wallets. Without any subscriptions or passwords.

USE CASES

• -Buying and Selling digital content.
• -Encrypted decentralized storage for your personal files.
• -Sending digital presents.
• -etc.

HOW IT WORKS?

Marketplace is powered by one extended ERC1155 smart contract. To create new content for sale, the creator mints a new ERC1155 token ID which acts as a key to reveal that content. Before minting, 3 files are stored to IPFS. Cover image, Encrypted digital content and Metadata which includes links to previous 2 files. Digital content is encrypted using LitProtocol and decryption allowance is set for the respective token ID owners. So, the key for revealing the encrypted content is the ownership of the particular token ID.

Buying the content in the backend means, minting a new token of the respective token ID which acts as a key to decrypt the content. This allows for the possibility of an infinite number of sales, whilst digital content is stored only once. When you become the owner of the particular token ID, you fulfill the requirements to reveal the encrypted content.

Creators may choose not to sell their content. In this case minting of new tokens is not possible.

Creators may also choose to send a copy of their content key to any address of their wish. They do this by minting a new token to the recipient address. Or they can decide to burn the token, which means that no more new tokens of the particular token ID can be minted. Ever. Content will remain on IPFS, but if nobody has the particular token ID, nobody can reveal the respective encrypted file. It could also happen, that only one buyer bought the particular token ID and the creator burned that token ID afterwards. That would mean that respective token ID may exist maximum one, ever, as buyers can't make copies of the tokens. Buyers can only transfer the tokens they bought to someone else or burn them.

Juice Marketplace is focused on sales for creators only. If a buyer would like to re-sell their tokens, they may do so by listing them on open NFT marketplaces, such as Rarible. Juice Marketplace smart contract supports ERC2981 royalties standard. If tokens are sold on marketplaces that support this standard, creators will earn royalties on every second-hand sale. Creator on the other hand, may only send the copies of the token or burn them through Juice marketplace smart contract.

FEES?

Input for content is only subject to native blockchain gas fees. Inputs are minting new token and marketplace listings. Exit of content is subject to service fees. There are two types how content may exit. If a creator send a copy, he pays a copy fee of 0,001 native cryptocurrency. Or when a buyer buys the content, he pays 2.5% of the listing price to the service fee address. Token ID 1 owner has the right to withdraw or change the service fee and copy fee.

LOYALTY PROGRAM?

Coming soon... ERC-20 token with staking capabilities that will allow holders to qualify for fee-less shopping. We might airdrop it...

COPYRIGHTS AND FORBIDDEN CONTENT

User of this marketplace consent with the laws for digital content.

CONTENT THAT IS FORBIDDEN:

• -Nudity or other sexually suggestive content.
• -Hate speech, credible threats or direct attacks on an individual or group.
• -Content that contains self-harm or excessive violence.
• -Malicous programs and files.

Creators may only upload and/or sell their own copyrighted content.

DISCLAIMER

The information found in this website is subject to change or update and should not be construed as a commitment, promise or guarantee by the Juice Marketplace team or any other individual or organization mentioned in this website relating to the future availability of services related to the use of the tokens or to their future performance or value. The website does not constitute an offer or solicitation to sell shares or securities. It does not constitute or form part of and should not be construed as any offer for sale or subscription of or any invitation to buy or subscribe for any securities nor should it or any part of it form the basis of or be relied upon in any connection with any contract or commitment whatsoever. The Juice Marketplace team expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from reliance on any information contained in this website, any error, omission or inaccuracy in any such information or any action resulting therefrom. This is not a recommendation to buy or financial advice, It is strictly informational. Do not trade or invest in any tokens, companies or entities based solely upon this information. Any investment involves substantial risks, including, but not limited to, pricing volatility, inadequate liquidity, and the potential complete loss of principal. Investors should conduct independent due diligence, with assistance from professional financial, legal and tax experts, on topics discussed in this website and develop a standalone judgment of the relevant markets prior to making any decision. We have prepared all information herein from sources we believe to be accurate and reliable. However, such information is presented “as is,” without warranty of any kind – whether expressed or implied. All market prices, data and other information are not warranted as to completeness or accuracy, are based upon selected public market data, reflect prevailing conditions, and our view as of this date, all of which are accordingly subject to change without notice. The graphs, charts and other visual aids are provided for informational purposes only. None of these graphs, charts or visual aids can and of themselves be used to make decisions. No representation is made that these will assist any person in making decisions and no graph, chart or other visual aid can capture all factors and variables required in making such decisions. The information contained in this website may include, or incorporate by reference, forward-looking statements, which would include any statements that are not statements of historical fact. No representations or warranties are made as to the accuracy of such forward-looking statements. Any projections, forecasts and estimates contained in this website are necessarily speculative in nature and are based upon certain assumptions. These forward-looking statements may turn out to be wrong and can be affected by inaccurate assumptions or by known or unknown risks, uncertainties and other factors, most of which are beyond control. It can be expected that some or all of such forward-looking assumptions will not materialize or will vary significantly from actual results.