# APPICS Ag

based in Zug, Switzerland

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**The Ecosystem**&#x20;

APPICS AG is leading the charge in the third web revolution. As a web3 development company, we are committed to building and scaling applications that make the power of blockchain technology accessible to everyone. Our ecosystem is constantly expanding, with cutting-edge projects like the reward-based social media dApp "APPICS," an NFT marketplace, P2E game, and Metaverse spaces for content creation, community building and hosting of events.

Our founders have been at the forefront of the blockchain industry since 2011, with a wealth of experience in mining, trading, marketing, and scaling companies. We are poised to bring the benefits of blockchain technology to the masses, leveraging our extensive network in both the mainstream and blockchain industry, along with our AI tools and expertise. Join us as we shape the future of the web and unlock new possibilities for humanity.

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**The APP**

The APPICS App is a social media platform that rewards users for creating and curating content. The integrated reward system allows users to earn tokens for sharing, commenting, and voting on content. On APPICS, users have control over their information and distribution of rewards, and directly benefit from the platform's growth. Our mission is to give users the value they create back to them, through a decentralized contribution-reward system. The APPICS token (APX) returns value to the creators and curators of the network. Attention is a valuable asset and we aim to give it back to the users instead of just keeping it with the platform. With the ability to turn content into tokens, APPICS users gain instant control over their influence and earnings, without depending on advertising companies, and with full transparency of all transactions. As a web 3.0 platform, APPICS empowers its users by giving them back control over their content, feed, and rewards.

**Summary**

APPICS is a blockchain-powered dApp available on the App Store and Google Playstore, providing an easy way for users to interact and engage with the digital world. The platform serves as a web3 community building platform where users can share their passions and be rewarded for their efforts through a decentralized reward system. Appics also has several other innovative features such as monetizing content creation, AR and VR technologies, NFT launchpad and marketplace, Metaverse development for events and gaming, and Web3 consulting and services. APPICS is a live working product that exemplifies the capabilities and potential of web3 technology to revolutionize the way we interact, transact and consume in the digital era.

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<br>


# Social Media Today

In 2022, more than half of the world's population will use social media, with the number of users growing at a rapid pace. Social media has changed the world and sparked the emergence of a new digital economy. Popular social applications have common features that attract the majority of internet users, such as visual content displayed in an easy-to-use application. As web 3.0 awareness grows, leading social media platforms have attempted to integrate wallets and launch their own cryptocurrency, but have failed to bring it to market. This is because their ideas were seen as securities that would compete with global currencies such as the US dollar, rather than being a utility token with the purpose of empowering users.

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The user-generated content on social platforms creates billions of dollars worth of value that is distributed among shareholders. However, without active users who spend hours creating, posting, sharing, and engaging, the platforms would not have this value. The value is stored in the database of users, accessed by advertising companies and used for product placement. The database is detailed, reliable and accurate, enabling highly niche and specific advertising for companies and business owners. Until now, the only source of value for social media companies has been advertising. The company, advertiser, and users all play a crucial role in maintaining a sustainable network and platform growth.

<br>

**Web 2.0 social media**

In Web 2.0, centralized social media companies attract and retain users by creating a "free" platform for them to share their interests and connect with friends. However, in doing so, users unknowingly give away ownership of their content, thoughts, and messages to the company, without compensation. The company then uses this data to benefit from advertising and make profit, while users pay with their time and attention, and provide content for free.

<br>

**The Advertisers**

Advertisers use social media to target specific audiences by purchasing access to the user's data and renting their attention from the centralized company. This creates a business relationship between the company and the advertiser, where the company sells access to the users and the advertisers buy it. In this process, users become a commodity for the benefit of the company and advertisers.

<br>

**The Users**

In traditional social media platforms, only shareholders and advertisers benefit from the value created by the users. Users are often taken advantage of and receive nothing in return. The way social media presents content to users has changed dramatically in recent years, with new algorithms manipulating the feed to show more relevant ads based on users' interests and behaviors. This means that users are no longer in control of the content they see and often unknowingly consume thousands of ads every month. They can either accept this exploitation or leave the platform, disconnecting from their network and shared content. APPICS aims to solve this problem by giving a fair share of the value created to all contributing parties, putting the user first and giving them control over the network and their content. Users can control the distribution of monetary rewards by participating and voting on content.

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# Problems We Solve

**The Broken Creator Economy**

The creator economy is currently skewed towards a small minority of creators who receive the majority of revenue from streaming platforms like Spotify and Twitch, and podcasting ad revenue. This lack of a middle class for creators in Web 2.0 is highlighted by statistics such as 90% of Spotify streaming royalties going to the top 1.4% of musicians and the top 1% of Twitch streamers earning over half of all revenue on the platform. To address this issue, we need Web 3.0-based applications that empower creators and give them control over their earnings.

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FDaQKTPayzdyN9O9rIli7%2Fpexels-mikotoraw-photographer-3367850.jpg?alt=media&amp;token=10475d8a-2a06-4547-ae76-05afc8cbd45c" alt=""><figcaption></figcaption></figure>

**Centralization**&#x20;

Almost all forms of media today are centralized, controlled and censored. While that offers some benefits regarding security, it also limits users from the opportunity to receive uncensored information and to express themselves in a completely independent way.&#x20;

APPICS, unlike any popular social media platform, disrupts the traditional business model between owner and advertiser. APPICS returns freedom of speech to its users. It also shifts the balance of power by giving users a democratic say in the direction and value distribution of the platform.

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**Censorship**&#x20;

It is commonly known that censorship is widespread in many different ways on social media. While there’s a general censorship of nudity and violence across all media platforms, some have taken it further than others, limiting the creativity and possibilities of its users.&#x20;

In recent times we have seen that some platforms started to remove advertisement revenue from smaller channels as well as those who expressed opinions different from the mainstream media, which resulted in an outrage by the community.

APPICS aims to be a censorship-free app, allowing its users to share their creativity and passion without boundaries. Nevertheless, violent, hateful, racist, or detrimentally harming behavior towards others will not be tolerated to ensure a desired user experience as well as protecting users from negatively damaging engagement.

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**Lack of Transparency**

The demand for transparency of social media platforms has drastically increased in the last few years. The algorithm on current social media platforms that determines the content in the newsfeed of a user has been questioned multiple times, because it interferes with the privacy of the user. It now presents unique feeds, according to the data statistics of the individual user. It filters out most of what the user would like to see as well as share, which most people are unaware of.&#x20;

Such filtering limits the content being displayed, the potential outreach of intended audiences as well as the user’s growth, influence and usability of the social media platform. Therefore, the user is “abused” and is ultimately controlled by the owner and their platform’s manipulative and highly profitable regulation system.&#x20;

APPICS runs on a blockchain that offers the advantage of full transparency, via its decentralized structure. Since submissions and transactions are manifested on the blockchain with a timestamp, there is no way to alter it afterwards, ensuring security, trust, and a manipulation-free environment.

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**Distribution of Value**

The distribution of value in traditional social media is clearly disadvantageous to the users. While they are doing all of the work - creating content, posting, liking and sharing - they don’t receive any rewards. But despite this well-known fact most people are not aware of the injustice; and those who are, mainly feel powerless without a clue of what to do.

While there are some platforms, which share a tiny fraction of their revenue - in contrast to the large sum of generated value, with the content creators, other social media companies disregard the situation completely. With its stake-weighted voting system, APPICS has a fundamentally different approach, distributing the rewards to its rightful owners: content creators and the community. On APPICS the community decides on the distribution of rewards. It’s a much more fair, decentralized and user empowering system. &#x20;

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&#x20;**Transparent Charity Foundations**

Charity organizations have long struggled with a lack of transparency, leaving them vulnerable to abuse and mistrust from donors. APPICS addresses this issue by providing foundations with a transparent platform for sharing updates and insights through images and videos, and by enabling direct donations in the form of APPICS tokens. Additionally, the reward-based system on APPICS allows for a new way for anyone to participate in charitable giving, without the need for a bank account. By simply upvoting, users can make an impact, support others, and earn rewards.

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**Authenticity & Ownership**

An issue that has arisen with social media content is that of authenticity and ownership. When content is shared on social media, it can be difficult to prove who created it and who owns the rights to it. Additionally, social media platforms often claim ownership of user-generated content, which can lead to creators not receiving proper credit or compensation for their work. One solution to this issue is the use of Non-Fungible Tokens (NFTs). NFTs are a type of digital asset that are unique and cannot be replicated or exchanged for something of equal value. On APPICS, NFTs are used to represent social media content, creators can prove ownership and authenticity of their work. Additionally, NFTs can be used to track and monetize the use of the content, ensuring that creators are properly compensated for their work.

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# The Solution

Imagine a world where your social media engagement directly translates into tangible rewards. With APPICS, this dream becomes a reality. By distributing content-generated rewards among all contributors, and giving the power of distribution to the people, APPICS allows users to earn directly from their content, without the need for a middleman. No longer dependent on the support of their followers, content creators can earn through "digital votes" made possible by the use of blockchain technology and smart contracts. APPICS not only incentivizes users to support and engage with creatives, but also rewards them for doing so.

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Join the revolution of fair and direct content monetization with [APPICS](https://www.appics.com).

APPICS seamlessly connects the advantages of web 3.0 with the familiarity of web 2.0 social media by allowing users to earn reward tokens (APX) for their engagement. The platform is user-friendly and accessible to all, with no technical expertise required. This results in a diverse community of both tech-savvy and regular social media users who can benefit from the system effortlessly.

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Until now, the only way to benefit from the platform was via financial capital. The most valuable asset, however, tends to go unnoticed: Every day humans spend more time online than ever before. Time is the human’s most valuable asset. We want to reward people for spending their time creating and curating content, contributing to the growth of the network and success of the platform.

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**Mission Statement**

Our mission at APPICS is to revolutionize social media by valuing and rewarding all content creators and contributors through the use of blockchain technology. We believe that Content & Contribution is the new currency, and we strive to create an environment that appreciates and fairly distributes revenue to all who contribute. We aim to turn the traditional social media hierarchy upside down, by recognizing the value of content and engagement as the core of any social media platform, and appreciate those who actively engage and contribute to our social network.

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**Our Main Pillars**&#x20;

1. Empowerment: Enabling creators to have more control over their earnings and revenue distribution through cutting out middlemen and using blockchain technology.
2. Community: Building a platform for creators to share their content and connect with their audience, and for users to engage with content and creators.
3. Rewards: Providing a way for users to earn rewards for engaging with content and creators, and for creators to monetize their work.


# Token Design

**Purpose & Utility of the APX Token**&#x20;

The APX token is the currency of the APPICS platform, based on the [EOS.IO](https://eos.io) blockchain. With APX, users can earn rewards for their content creation and participation in the reward system by voting on content within the app. These tokens can be spent within the app or in the NFT marketplace, where users can also mint their own NFTs using the APX token. Additionally, users can stake their APX tokens in order to increase their voting weight and earn more rewards.&#x20;

The APX token serves as the backbone of the APPICS economy, creating a seamless and decentralized way for users to monetize their content and support other creators on the platform. The ever-growing utility of the APX token includes the ability to purchase assets within our metaverse, as well as virtual land.&#x20;

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**Tokenomics**

Ticker: APX

Total supply: 240,000,000 APX

Circulating supply: 210,000,000 APX

Inflation: 7,5% (decreasing 0,5% annually)

Token Type: Proof of Stake

**Distribution of Rewards**

Unlike other popular social media companies where 100% of the created value goes to the shareholders, APPICS uses smart contracts to distribute the created revenue among all contributing parties as followed: 65% goes to the content creator, 25% to the voters/curators and the remaining 10% will go towards sustaining the network and scaling of the platform.

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**Smart Contract Design**

Reward Period - 30 days

Inflation - Inflation is generated by the contract admin calling the mint() action. This will mint new APX into circulation and deposit them into the liquid balance belonging to the ​apx​ account.

Rewards Calculation - Rewards are processed and distributed one vote at a time by calling the process pay​ action (however a ​loops​ parameter can be provided to do this in batches). This action will select the oldest unpaid post and calculate rewards for the first vote entry. The rewards for a single vote are calculated with the following formula at the moment of processing:

P = C/ U

P: Post Rewards (total APX available to distribute among voters on post)

C: Rewards Pool (apx liquid balance)

U: Number of Unpaid Posts (last\_post\_id - last\_paid\_post)

*\*Note\* A post is not considered “paid” until all votes on it have been processed.*

W= A / T

W: Weighted Vote

A: Vote Power (powered APX + delegated APX) \* vote\_percent T: Total Upvotes on post

\*Note\* vote\_percent is the 1-100% amount selected by the voter when upvoting/downvoting

R = P \*W

R: Final Rewards for Vote

When a vote is processed, the final rewards amount R​ ​will be subtracted from the rewards pool ​C and added to the voter’s liquid APX balance. The vote entry is then removed from RAM, allowing the next vote to be processed by the next process pay​ call.

This formula is used to calculate the rewards (in APX tokens) distributed among voters on a post within the APPICS platform. The "Post Rewards" (P) is calculated by dividing the total amount of APX available in the rewards pool (C) by the number of unpaid posts (U). The formula then calculates the "Weighted Vote" (W) by dividing a voter's vote power (A) by the total number of upvotes on a post (T), taking into account the percentage of the vote selected by the voter (vote\_percent). Finally, the final rewards for each vote (R) is calculated by multiplying the "Post Rewards" (P) by the "Weighted Vote" (W). When a vote is processed, the final rewards amount R is subtracted from the rewards pool C and added to the voter's liquid APX balance.

#### Example

The ​process pay​ action is called and state is retrieved.

Relevant Config State:

•  last\_post\_id = 7\
•  last\_paid\_post = 2\
\
Relevant Account State:

•  apx liquid account = 500.0000 APX\
•  voter liquid balance = 10.0000 APX<br>

#### Proof

C = 500.0000 APX\
U = 5 (7 - 2)\
A = 25.0000 APX (95 + 5) \* .25 T = 3000.0000 APX\
\
R = (500.0000 / 5) \* (25.0000 / 3000.0000) R = (100) \* (0.0083)\
R = 0.83 APX\
\
Voter Liquid Delta: ​+0.83 APX New Voter Balance: 1​ 0.83 APX

Apx Liquid Delta: ​-0.83 APX New APX Balance:​ 499.17 APX&#x20;

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# Technology

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**Telos**&#x20;

APPICS has partnered with the [Telos Foundation](https://www.telos.net/), to build the smart contract for the APPICS plattform. The Foundation is a Decentralized Autonomous Organization (DAO) elected by holders of Telos Foundation Voting Tokens as defined in the Telos Blockchain Network Operating Agreement, a core Telos governance document.&#x20;

With Telos, the APPICS network can process - 10,000 + transactions per seconds, with zero fees, which is essential to operate. Unlike other blockchains Telos is a low energy, low carbon footprint blockchain.

Telos is a cutting-edge blockchain platform that combines advanced smart contract capabilities with decentralized community governance. Utilizing the EOS.IO protocol, Telos has been augmented with customized governance and product layers. Unlike many other blockchain projects, Telos never conducted an Initial Coin Offering (ICO) and operates as a truly decentralized network. Discover more about Telos and its unique features at telos.net.

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**EOS**&#x20;

[EOSIO](https://eos.io/) is a leading open-source platform for blockchain innovation and performance. APPICS chose to build their social media plattform on EOSIO, because the blockchain comes with some powerful key benefits like customized reward mechanism, faster transactions, cross-posting options and many more!&#x20;

EOS blockchain architecture has the potential to scale to millions of transactions per second, eliminates user fees and allows for quick and easy deployment of decentralized applications. What also stood out to us was that EOS boasts as the most secure blockchain on the market and supports security delayed transactions and lost password recovery features. Like most of the blockchain projects, EOS is an open source project, you can find source code on [Github.](https://github.com/eosio)

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**Ethereum**&#x20;

[Ethereum](https://ethereum.org/) is the second-largest, most well known public blockchain and cryptocurrency with one of the largest crypto communities and most applications built on top of it, which is why APPICS decided to utilize a bridge and join the Ethereum ecosystem. The Ethereum-based APX token allows users to be part of the DeFi space, mint and sell their NFTs to the largest NFT community within and outside the APPICS plattform. APPICS has a gateway between EOS, Telos and Ethereum that allows users within the ecosystem to easily transfer and convert their APX tokens.&#x20;

**Interoperability (EVM)**

The Telos EVM (Ethereum Virtual Machine) is a blockchain network that is built on top of the Telos blockchain. It is an implementation of the Ethereum Virtual Machine (EVM) that is used to execute smart contracts on the Telos network.&#x20;

The Telos EVM is valuable to integrate into an app like APPICS because it offers several key benefits that can enhance the functionality and performance of the platform.

1. Compatibility with Ethereum: By using the Telos EVM, APPICS can leverage the existing tools and resources that have been developed for the Ethereum ecosystem. This allows for easy integration with other dApps and decentralized protocols that are built on Ethereum, increasing the potential for collaboration and interoperability.
2. Enhanced Performance: The Telos EVM is designed to offer improved performance and scalability compared to the Ethereum EVM, which is crucial for an app like APPICS that is expected to handle a high volume of transactions and user engagement. This can help to ensure that the platform remains responsive and performant as usage grows.
3. Increased Security: Telos EVM is designed with enhanced security features that can help to protect against common vulnerabilities and malicious attacks. This is particularly important for an app like APPICS that deals with sensitive user data and monetary transactions.
4. Low-cost transactions: Telos EVM also offers low-cost transactions which can be crucial for an app like APPICS which deals with micropayments, this can ensure that users are not discouraged from engaging with the platform due to high transaction fees.
5. Decentralized Governance: Telos EVM has a decentralized governance system that allows the community to make decisions about the protocol and its development. This can align with the philosophy of APPICS to empower users and creators, enabling them to have a say in the direction of the platform.

Overall, integrating the Telos EVM into an app like APPICS can help to enhance its performance, security, and compatibility, making it a more attractive option for users and creators.

**Artificial Intelligence (A.I)**

The expansion of Web3 and blockchain technology is rapidly changing the way we interact and transact online. With the increasing focus on privacy, decentralization and security, it's crucial for companies to understand the potential of Artificial Intelligence (A.I) in this evolving landscape. A.I can bring significant benefits to the blockchain world, such as enabling faster, more secure and efficient transactions, reducing fraud and providing personalization. At APPICS, we recognize the potential of A.I in the Web3 era and are exploring ways to integrate it in our platform. By harnessing the power of A.I, we aim to offer a seamless and user-friendly experience to our community while maintaining the core principles of blockchain technology.

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2F5xeasLR2D8Ns7lhngJe0%2Fsieva_hyper_realistic_spiral_like_art_installation_with_metal_e_83a8d2be-6a10-41f0-8218-b46b4a5d2d25.png?alt=media&amp;token=bf41d906-9032-4f96-86ac-40172c4a2843" alt=""><figcaption></figcaption></figure>

APPICS supports A.I generated content. We believe that A.I will play a major role in the near future and will enhance many areas, including but not limited to content creation. Some examples include:

* Automated content generation: A.I can be used to write articles, create videos, and generate other forms of content. This can save time and reduce the need for human writers and editors.
* Personalization: A.I can be used to create personalized content based on a user's preferences, browsing history, and other data. This can make content more relevant and engaging for the user.
* Optimization: A.I can be used to optimize content for search engines, social media, and other platforms. This can help to increase the visibility and reach of the content.
* Interactive content: A.I can be used to create interactive content such as chatbots, virtual reality experiences, and other forms of interactive media. This can provide new ways for users to engage with content.
* Analysis: AI can be used to analyze large amounts of data to understand the audience's preferences, likes, dislikes, opinions, etc. This can be useful to improve the quality of the content and make it more appealing to the target audience.

Overall, A.I can help to automate and optimize many aspects of content creation, making it more efficient and effective.

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# The APPICS App

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APPICS reward-based social media app introduces a new ecosystem which merges lifestyle, passion and user-generated income inside a single mobile application. Unlike any other popular social media site, where 100% of the platform’s value and revenue goes to the corporate shareholders, APPICS enables all users to earn a fair share of the overall revenue, as well as creative influence within the network, through our reward-token "APX".

APPICS has a fast growing community which is constantly providing input for the best user experience. Join the movement and be part of a great journey.

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FBVMkswTqfl0aWppTCPx5%2FBildschirmfoto%202023-02-08%20um%2013.28.04.png?alt=media&amp;token=34ee27e3-8636-4007-b34c-bcf243414725" alt=""><figcaption></figcaption></figure>

**Download for IOS** [**here**](https://apps.apple.com/en/app/appics-passion-rewarded/id1353860042?l=en)  **|  Download for Android** [**here**](https://play.google.com/store/apps/details?id=com.appics.appics)

**Sharing Content**

On APPICS users are able to share photos and short videos, A.I-generated content as well as 3D assets or interactive experiences. APPICS turns the traditional social media hierarchy around by giving its users the opportunity to receive financial compensation directly from their content and engagement, earning real revenue from receiving “likes” directly via blockchain technology.

<br>

**Comments**

Comments on Appics are not only a form of engagement, but also a form of content in their own right. Not only can users post pictures and videos to the platform, but they can also leave comments on other users' posts. These comments can range from simple reactions to more detailed opinions and observations.

One unique feature of Appics is that users can vote on comments, just as they can vote on posts. This incentivizes users to leave positive, helpful, and encouraging comments, as these are more likely to receive votes and increase in popularity. This creates a community where users are encouraged to engage with each other in a positive and productive way.

This feature not only promotes positivity, but also encourages users to think critically about what they post and to add value to the conversation. It also rewards users who contribute meaningful and thoughtful comments, rather than just leaving generic or irrelevant responses.

In addition to voting on comments, users can also flag comments that violate the platform's terms of service, keeping the community safe and respectful.

Overall, the ability to vote on comments on Appics not only adds an extra layer of engagement to the platform, but also encourages users to contribute valuable and meaningful content in the form of comments. This creates a community where users can share, learn, and grow together.

<br>

**Upvoting**

Users who vote on content are like the engine of the network. The more active engagement we find on a platform, the higher the value rises of the platform. Currently, the curators of social media networks are overlooked and there are no implementation plans that would reward those who spend their time interacting on social media networks. We want to reward active users who give value to the content creators, by giving them back a proportional share of all payouts and distribute it accordingly.

For example: When John votes on a post from Sophia on the APPICS platform, John plays a part in contributing, giving the content created by Sophia value. Sophia receives a payout for creating the content and John also receives a share of Sophia’s income for his supportive action. This is a win-win situation, encouraging and incentivizing support and engagement.

<br>

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FuJGuatUcE3gC3xfj4LOd%2Fwallet.jpg?alt=media&amp;token=6666da5f-0f86-4e9a-97fc-0d0c5d42a892" alt=""><figcaption></figcaption></figure>

**APPICS (APX) Power**

APPICS power represents APPICS tokens, which have been integrated into a smart contract. The amount of APPICS power represents the level of influence that an account has compared to the rest of the network. The amount of tokens represents the power of one’s “vote”. Thus, the more APPICS power an account has, the higher the voting power aka. more impact its “vote” has. This creates a game-like competitive environment.&#x20;

There are different milestones of APPICS power to be achieved that unlock features within the APPICS ecosystem and encourage the long-term commitment of new users even further.&#x20;

APPICS power shows the belief in the platform and its future. APPICS wants to create a sustainable economy and therefore we use the mechanism of APPICS power to eliminate the risk of short-term dumping. Receiving APPICS power is like a commitment, which also encourages users to recognize the value of long-term commitment.

<br>

**Voting Slider**

This feature lets you distribute your voting power. With the “Voting Slider” you can choose what percentage of your voting power you want to “vote” on a post with. The voting slider let’s users divide their voting power intuitively. Since users have limited voting power, we encourage users to vote less than 50% of their voting power on content they regard as “less high quality” and only choose to reward high quality posts with more than 50% voting power. Depending on the amount of voting power a user has, the more careful and with less percentage he/she should vote, since someone with more voting power can make a large difference voting with 10%, while someone who is brand new to the platform with less voting power has to use a high percentage to make a difference.&#x20;

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FnUOHeveleNnULskbv2WL%2FPower_V2.jpg?alt=media&amp;token=8061ec96-5fc9-478a-aa46-c52f05a3c897" alt=""><figcaption></figcaption></figure>

<br>

**Voting Power Bar**&#x20;

The voting power bar displays the amount of voting power a user has left to take actions on the blockchain and works as followed: Here is an example of how voting power works:&#x20;

100% voting power = 50 points

1 Blockchain action (100% upvote OR 1 post/comment) = 5 points

Therefore if a user upvotes with 50% of their voting power the voting power goes down 2,5%.

However every hour 1 point gets added back to the voting power. So for example: if a user votes on 10 posts with 100% of their voting power within an hour, then their voting power is diminished and he can no longer post/upvote/comment and has to wait until his voting power fills up again.

This mechanism counterfeits spam and encourages users to be selective with their votes.&#x20;

<br>

**Downvoting**

How do we manage violating content?

Through APPICS’ integrated reward-system, the community is able to self-regulate content and use the stake-weighted voting mechanism both for upvoting content that users want to highlight, while simultaneously being able to use their voting power to downvote content which turns invisible on the user-frontend and strips the post from rewards, if the balance reaches below zero and is detected within the 30-day voting window.&#x20;

<br>

**Power Up & Power Down**

When a user chooses to purchase APX tokens and use them as voting power on the APPICS plattform, they can choose to “power up” their liquid balance, turning them into APPICS voting power, thus increasing the weight of their vote.&#x20;

APPICS power (locked APX tokens) cannot be transferred or traded directly, but the account owner has the option to unlock and convert it back to liquid APPICS (APX) tokens in weekly payments through the feature “power down”. Once the power down is initiated, the APPICS tokens will then be paid out in weekly payments (1/10th of the total APPICS power that the account holds).&#x20;

As the APPICS power decreases, the account also loses voting power proportionally to the amount of tokens withdrawn.

**Payout Process & Donation**&#x20;

Every post can earn rewards for a period of 30 days. After the voting period, the voting power button turns into a donation button and enables users to send APX tokens to a user. Beyond supporting other users via upvoting content, users can also choose to

donate Appics tokens by clicking the "donate button" in the menu next to each post.

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2F7LEGQRonfEoITkPq4XkH%2F0020956b04f32626b2404b4cc8d6cb72.webp?alt=media&amp;token=9bd36cf2-b617-4bc9-9caf-6c996328733f" alt=""><figcaption></figcaption></figure>

**Wallets & Transfer**&#x20;

The wallet shows the tokens belonging to an account and can be compared to a digital bank account that enables the user to transfer, withdraw and deposit tokens. The wallet account will be directly connected to the user’s APPICS account.&#x20;

When a new account is registered the APPICS user automatically creates a personal online wallet. Since the blockchain is transparent all transactions are visible, however for the average user the wallet maintains his privacy due to pseudonymous accounts and the interface, which displays the appropriate transactions and allows access for the owner only.&#x20;

The digital wallet stores the generated coins and can be compared to one’s own personal banking account on the blockchain. Besides the features of direct messaging and instant transfer: APPICS users will have the option to directly send tokens to another user’s wallet within seconds. For the first time a wallet is integrated inside a social media application that is simple, fast and secure.

Imagine being able to securely send tokens from your phone to your friend’s in a matter of seconds, and never having to go through the hassle of traditional remittance.

<br>

**Delegation**

The “delegation” feature allows users to lend others their voting power. For example: if someone holds APX tokens in their account wallet, but isn’t very active with the account, not sharing content, commenting or upvoting - they could “delegate” their staked / “powered up” APX tokens to another account. The receiving account would be able to vote on content with much more voting power, thus distributing more APX tokens and having more influence over the reward distribution. The receiving account would therefore be able to use the voting power and earn more in return, but would not be able to withdraw or send the delegated tokens. The person on the delegating end can also enter a limited time frame and decide when the delegation should be removed and automatically return back to the owner account.

<br>


# Guidelines

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FqIxOHrqrcIL50VVPCFI1%2FAPPICS-Sphere.png?alt=media&amp;token=2e08edcd-cb99-4507-9228-193d472a96c3" alt=""><figcaption></figcaption></figure>

**Content Regulation**

Although APPICS is a decentralized application without direct censorship, there will still be regulations upheld for the content that can be posted. Any content promoting violence, hate, criminal activity, racism or inappropriate nudity will not be tolerated. Abusive content will be filtered by moderators. Users have the ability to report certain content, which will be reviewed by moderators within 24 hours and if the content doesn’t comply with our regulations, the visibility in the app and rewards will be removed immediately. Furthermore Appics has a decentralized self-governing mechanism through the feature “downvoting”, which allows users to take responsibility and action to remove rewards and visibility from inappropriate content themselves.

**Ownership of Keys**

APPICS users are in ownership and full control over their keys. This allows for appropriate wallet security while at the same time preserving usability.&#x20;

<br>

**Fake Accounts**

While all network transactions will be completely secured by the nature of the Blockchain, APPICS accounts will be secured by passwords and mobile phone number verification.

It’s our priority to provide our users with a platform that is secure and safe in every way. Measures to prevent multiple account creation: A downside of the gamification of social media is that people will attempt to create more than one account, subsequently post and “vote multiple times, thereby manipulating the system and subverting its purpose. Appics will require users to register also through their social accounts. Furthermore, APPICS will ensure the authenticity of accounts through several methods, such as mobile phone verification and e-mail verification.

#### Terms and Conditions

{% embed url="<https://app.gitbook.com/s/UJqG1duxDVgIYPLKKQVL/>" %}

<br>


# Discovery

**Brands and more**

APPICS introduces the discovery page, which is a page solely for sponsors, brands and advertisers. As stated in the core values of APPICS, the user experience comes first and will remain the focus of the application. Users feel abused and taken advantage of by advertising companies, who sneak into their personal feed, which makes the user become upset with the brand being displayed on the AD.&#x20;

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FhTLBipIHDQjjIhUI9jVJ%2Fd426822591c80f47d970c3bf4fc0f3ff.webp?alt=media&amp;token=d74922d1-87bb-4bf8-9d68-7a5795110a28" alt=""><figcaption></figcaption></figure>

With APPICS users can choose what ADS they want to see, pick a category and consciously scroll through the latest trends, including ADS. That way the trust between user and advertiser can slowly be rebuilt.

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2Fm1JfMZleM6hylqQqT4Ya%2Fb273d29e6baa75d6bf426a30b907cc8a.webp?alt=media&amp;token=1549b3e9-5a93-421c-be0c-71bb10f59076" alt=""><figcaption></figcaption></figure>

**Categories**

The categories on APPICS provide structure and visibility for the user experience. While the option to search for “normal” hashtags remains, there are separate categories that make it simple for content creators to be found and for curators to find what they are interested in. The categories can be adjusted depending on the interests of the market. \
\
**The following is an example of the categories:**

1. Challenges
2. NFT
3. Crypto
4. Fashion
5. Lifestyle
6. Sports
7. Art
8. Travel
9. Food
10. Fitness
11. Music
12. Beauty
13. Dance
14. Comedy
15. Gaming
16. Business
17. Tech
18. Animal
19. Nature
20. Purpose
21. Wisdom

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FUU5b0xrZFjBwVPzGIAhT%2FDisplay_Cat%201.png?alt=media&amp;token=eddcb883-a285-47b2-92ca-4fbace7e088d" alt=""><figcaption></figcaption></figure>

The last category mentioned will be static and gives charity foundations a new solution for transparency. Under the category “purpose”, foundations and individuals can ask for support from the community. The community can help by donating via the “donate button” besides, up-voting the content. In cooperation with APPICS, foundations will have the unique opportunity to provide insight and build trust within their community and in return receive a reliable reputation score and funding.

<br>


# NFT Marketplace

Non-Fungible Tokens (NFT) are cryptographic tokens that represent a unique asset; a non-duplicable certificate of authenticity and ownership.

Retailers, brands and verified users have the opportunity to mint NFTs using APX and display them in their profile, allowing them to buy, sell and own digital assets, music, goods, tickets and other various assets. On the APX NFT marketplace, content creators can turn their content (pictures, music, dance moves etc.) into NFTs and display them directly in their profile inside the APPICS app. This is a new way of combining social media with the NFT market, allowing anyone to display NFTs as content and engage with the community.

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FBthKRXYUyRikXORlbIh2%2FCS.png?alt=media&amp;token=0361aeaf-a9bd-4820-870b-dff96493d80d" alt=""><figcaption></figcaption></figure>

**Some of the benefits for artists include:**

1. Fraud-proof ticketing for live and virtual events: NFTs can be used to create smart tickets that are non-transferable, making them impossible to counterfeit, providing a secure solution for event organizers and attendees.
2. Indefinite income: NFTs allow creatives and artists to set fixed royalty rates through smart-contracts, providing a source of recurring income. Artists can also use NFTs to sell digital art, dance-moves, music and other forms of content, becoming their own publisher and distributor.
3. Building fan engagement: NFTs allow artists to offer collectibles to their fanbase, providing a more meaningful and direct interaction with fans. This allows collectors to own a piece of the artist's history and future success.
4. Proof and transfer of ownership: NFTs provide a much easier, quicker and more secure way to prove and transfer ownership of digital assets through smart contracts on a public blockchain.
5. Raising capital: NFTs can be used as a way for creatives and artists to raise capital to fund their production costs, by selling digital assets to investors.

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FPa6TChLmx8XIAAZPG4KY%2FNFT.jpg?alt=media&amp;token=75c204e8-c8bf-4989-bb70-57687e7e8f6e" alt=""><figcaption></figcaption></figure>

NFTs provide a solution for authenticity and ownership issues in digital content. But the potential of NFTs extends far beyond just digital art and collectibles. Imagine a virtual world where every object and location is represented by an NFT, providing true ownership and scarcity to the digital realm. This is the vision of the Open Metaverse, a decentralized virtual reality where users can buy, sell, and interact with unique digital assets. NFTs are the backbone of this vision, providing the foundation for true ownership and value in the digital world.&#x20;

The integration of NFTs and the Open Metaverse creates a new frontier for digital content and commerce, where users can not only consume but also create and own their own digital experiences.


# Into the Open Metaverse

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FAYqDUFTTorctjOzOxazH%2FAPPICS_Loading_16_9.jpg?alt=media&amp;token=8a474ea5-cd31-4b2b-9de9-8d6732b28f8a" alt=""><figcaption></figcaption></figure>

The future of the Metaverse is one of connection and unity. Just as the internet evolved from separate computer servers to a network of connected servers, the Metaverse will evolve to bridge the different worlds created by various companies. APPICS is at the forefront of this evolution, connecting leading metaverses and onboarding companies to build and establish themselves across a variety of metaverses. We are creating immersive experiences for brands and creators to stand out and tap into the future of content creation.

With the advent of the global pandemic, online socializing and interactive entertainment has become mainstream. The wider societal acceptance of virtual interactions has broken down the final barrier to the merging of the physical and virtual worlds. Our goal at APPICS is not to replace real-life events with virtual ones, but rather to enhance experiences through the unlimited potential for creativity in the virtual realm.

We believe in interoperability, and our goal is to partner with all metaverses. Our technology is designed to open up our Appics ecosystem to more utility, unlocked value, and a more immersive social experience. As the Metaverse continues to evolve and grow, APPICS is leading the way in bringing people and experiences together in a seamless and connected way.

<br>

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2Fs3PPDLAPTnAToV6aU3RL%2FBildschirmfoto%202023-02-08%20um%2013.43.12.png?alt=media&amp;token=ba44f791-a794-4c01-a24d-0250c873b472" alt=""><figcaption></figcaption></figure>

**Appics Avatar Perks**

The APPICS metaverse supports a variety of avatars and offers the service to create your personalized digital twin. Through our partnership and integration with Ready-Player-Me, we help users create their desired avatar easily and seamlessly, usable across all APPICS metaverse experiences. Avatars can be customized and enhanced with both free, limited partner-sponsored or market-purchased items such as wearables, tattoos, traits, bionics, augmentations and accessories.

<br>

**Transportation**

Inside our Metaverse spaces the limits of space, time and gravity no longer apply. Imagine soaring through the air on a Hoverboard, or quickly flying from one spot to another with a Jetpack. We are pushing the boundaries of transportation and creating new and exciting ways to move through our digital world. Come experience the thrill of defying gravity and explore the endless possibilities.&#x20;

<br>

**Exclusive APPICS branded fashion, unlocking special features**

Unleash your creativity and design your own fashion without limits. Introducing our new creative outlet for designers, where the sky's the limit. From wings to fly, to unique designs that push the boundaries of fashion. We're thrilled to announce that we've brought the APPICS fashion collection from the real world into the Metaverse through our appics.store. And the best part? By purchasing a Cryptopreneur, Disruptor or APPICS Hoodie/T-Shirt/Crop-Top/Polo, you gain exclusive access to special areas within the Metaverse. Don't miss out on this opportunity to showcase your designs and be a part of the future of fashion.

<br>

**Creative Story Design / Metaverse Entertainment**

Are you ready to immerse yourself in a world of endless possibilities? Our immersive spaces offer a unique experience where you can interact with your favorite characters, influencers, artists, and creators in a whole new way. We design creative stories that bring real-world characters and storylines into the digital world, creating an exciting journey for fans to follow and participate in.

Think about it, imagine getting the chance to interact with your favorite influencer, artist or creator in a whole new way. Imagine being a part of their story, influencing the plot, and shaping the outcome. Our immersive spaces allow you to get closer to your favorite characters than ever before, making the experience feel more real and personal. Our stories are designed to be interactive and engaging, allowing users to fully immerse themselves in the plot and become a part of the action. The possibilities are endless and the experience is one-of-a-kind. So why not join us on this journey and discover the world of immersive spaces. Get ready

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FnnOpGmlN4tra7hYAefbx%2FEnlightmentTower8.png?alt=media&amp;token=2ccbe60c-0d8e-4555-b7f0-0e96aa89555a" alt=""><figcaption></figcaption></figure>

**Immersive Events**

Immersive spaces are digital environments that allow users to interact, engage, and socialize in a virtual world. These spaces can facilitate a wide range of social events and activities, such as meeting places, concerts, events, AMA's, corporate roadshows, launchpads, brand exhibits, and other social events.

One of the key benefits of immersive spaces is that they bring together a diverse community of artists, gamers, NFT artists, creators, and fans, all in one ecosystem. This creates endless opportunities for collaboration, networking, and engagement.

Immersive spaces also offer a range of tools for live streaming and virtual event hosting, allowing you to reach a global audience and share your content with the world. Whether you're an artist, gamer, or brand, immersive spaces offer a powerful platform for showcasing your work and engaging with your community.

Overall, immersive spaces are unique and exciting platforms that offer a wide range of opportunities for creators, artists, and brands to connect and collaborate with like-minded individuals and share their content with a global audience.

<br>

**Virtual Land**

Virtual land, also known as virtual estate, is a digital space within a metaverse where users can rent, buy, or resell property. The benefits of owning virtual land include the ability to host virtual events, launch your own virtual game, and even resell the land for a profit. As the popularity and value of virtual worlds continue to grow, virtual estate may even become more valuable than traditional real estate. Examples of platforms that offer virtual land ownership include Decentraland and The Sandbox. With virtual land, the possibilities are endless, and it's an exciting opportunity for anyone looking to take part in the growing metaverse.

**Gamify**

Gamification is an essential component of the Metaverse experience, and at APPICS, we are constantly exploring new ways to make the experience more enjoyable and rewarding for our users. One of the ways we do this is through coindrop events, which are collaborations with our partners to host fun races and dance battles in the Metaverse. These P2E games not only make the experience more enjoyable but also allow users to earn additional APX and perks for their avatar. We are excited to offer our users a unique and engaging experience through these partnerships and gamification in the Metaverse.

1. Hosting coindrop events with partners to enhance the Metaverse experience
2. Fun races and dance battles as P2E games
3. Allowing users to earn additional APX and perks for their avatar through participation in these events
4. Partnering with other companies to bring unique and engaging experiences to the Metaverse
5. Using gamification to make the Metaverse experience more enjoyable and rewarding for users.


# Join The New Creators Economy

The new creator's economy is all about empowering creators to take control of their content and monetize it in new ways. At APPICS, we are leading the way in this new economy by providing a platform that offers a variety of tools and features for creators to monetize their content and build a new stream of income.

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FE8Vwims5bTJIShOQ6Aa0%2FVisor_1920x1080.jpg?alt=media&amp;token=8438b0a6-25e5-4fa6-9b9a-876eed1ef62b" alt=""><figcaption></figcaption></figure>

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2F4JWxXKG5jgXaTNrmbO7l%2FRepeatingBoles0016.png?alt=media&amp;token=a701c310-9d8b-4743-a40a-6860593a5569" alt=""><figcaption></figcaption></figure>

**Some of the key features that we offer include:**

1. Regular challenges: We host regular challenges that encourage users to create their own metaverse assets and display them on our marketplace. This is a great way for creators to showcase their talents and build a fanbase.
2. Monetizing & marketing content: Our app makes it easy for creators to monetize and market their content through a variety of platforms, including our integrated marketplace. We also support A.I generated content, which can help to increase the breadth and diversity of content available on the platform.
3. Turning content into NFTs: We allow creators to turn their content into NFTs and sell them on our integrated marketplace. This can help to increase the value of their content and provide them with a source of recurring income.
4. Community engagement: Our app provides a platform for creators to engage with their audience and build a loyal fanbase. This can help to increase the value of their content, and increase their earning potential.
5. Creating and selling NFTs: Users can create and sell their own unique digital assets, such as artwork, music, videos, and more, in the form of non-fungible tokens.
6. Earning royalties: Users can earn royalties from the sale of their NFTs, as well as from the resale of their NFTs by other users.
7. Buying and selling assets: Users can buy and sell various digital assets, including NFTs, on the platform's marketplace.
8. Renting out metaverse spaces: Users can rent out virtual spaces in the metaverse to other users for various purposes, such as hosting events or building communities.
9. Selling custom e-motes: Users can create and sell custom e-motes, such as dance moves, in the form of NFTs.
10. &#x20;Achievement and leaderboard bonuses and awards: Users can earn bonuses and awards for achieving certain milestones or ranking high on leaderboards.
11. P2E tournament prizes: Users can win prizes for participating in play-to-earn tournaments, such as gadgets, virtual currency or NFTs.


# Why Build On APPICS?

<figure><img src="https://611944050-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FKLGYmDuJMnLqdHgYRWQz%2Fuploads%2FCv8deTEXyOZjZgvfk9JI%2FMerch.jpg?alt=media&amp;token=20891b6d-5d3b-47f1-9782-cc0d34a0cb79" alt=""><figcaption></figcaption></figure>

Are you a visionary launching a web3 project? In need of developers? A business owner looking to tokenize your model? Or an organization seeking a reward-based voting system? At APPICS, we believe in collaboration to grow our ecosystem.

Join the APPICS ecosystem and become part of a vibrant web3 community of crypto and non-crypto savvy individuals. We offer a global ambassadors network, developers, marketing expertise, fast and green blockchain with EVM bridge, a proven reward system, a whitelabel solution, and the use of the APX token with utilities and users. Avoid the hassle of creating your own token, expensive listing fees and market making. Join our experienced team with over 10 years of blockchain experience and take your project to the next level.

&#x20;Let's discuss how we can work together. Contact us.

<br>


# Official Links

Website - <https://www.appics.com>

#### Socials

Instagram - [https://www.instagram.com/appics.official](https://www.instagram.com/appics.official/)

Twitter - <https://twitter.com/appics_official>

Facebook - <https://www.facebook.com/appics.official>

TikTok - <https://www.tiktok.com/@appics>

Discord - <https://discord.com/invite/YKka8fac4P>

Telegram - <https://t.me/appics_official>

Linktree - <https://linktr.ee/appics>