ðŠEconomic Model
1. Platform SBX Currency
SBX Economy Soulbucks (SBX) is the heart of Soulbound's token economy, facilitating all key interactions across the platform. Here are the primary ways SBX is spent, locked, and earned within the ecosystem:
1.1) Spend SBX [Users]:
Place In-Stream Bets (Prediction Market)
SBX powers a prediction market where users can bet on stream outcomes, game results, or specific events during live broadcasts. It costs $1 to create a prediction smart contract on Soulbound, and Soulbound takes 1% of the prize pool, paying out 4% to the creator of the prediction/the oracle, and 95% to the winners of the prediction.
Buy Emotes, Wallpaper, and Stickers
Users can customize their profiles and in-stream experiences by purchasing cosmetic items, including unique emotes, wallpapers, and stickers. Soulbound takes 1% fee of all purchases on the Soulbound Store.
Cosmetic Profile Upgrades
SBX allows for profile customization, offering users the ability to stand out and showcase their personalities through a range of upgrades.
Join Private Channels / Subbing
Users can spend SBX to gain exclusive access to private channels, premium streams, and subscriptions with their favourite streamers.
Tipping, Gifting, & Incentivising
Fans can support their favorite streamers by tipping or gifting SBX, promoting engagement and appreciation during streams.
Lock (Stake) to Boost Bet Payouts
Users can lock or stake their SBX to increase their potential payouts in prediction markets or other betting activities.
Play a Match with Your Favourite Stars
Fans can pay SBX to play a match or collaborate with their favourite content creators, building deeper connections with the community.
1.2) Lock SBX [Games]
Granted Feature Unlocks
Developers and streamers can lock SBX to unlock premium features on the platform, increasing visibility or functionality.
Access to 100s of Streamers
By locking SBX, developers can access a diverse pool of streamers, boosting exposure for their games in front of engaged, niche audiences.
On-Demand Stream Bounties
Game developers can lock SBX to create bounties, incentivizing streamers to showcase specific game content or meet predetermined milestones.
Feature Your Game, Streams
By locking SBX, developers can secure premium placement for their game in featured sections, gaining more visibility and potentially higher player adoption rates.
1.3) Earn SBX [Streamers/Viewers/Mods]
Stream, Watch, Bet & Engage
Streamers earn SBX by broadcasting, engaging with viewers, and driving bets or predictions within their streams. Users/Viewers can actually recieved SBX for simply watching and interacting with streams, be it posting comments, entering predictions, moderating chats.
Moderate Streams / Decentralized Oracles
Mods and community members earn SBX for participating in the moderation of streams, or for serving as decentralized oracles to ensure the fair distribution of rewards and validation of predictions.
2. Monthly Tiered Subscription SaaS Model for Games
Soulbound offers a subscription-based Software-as-a-Service (SaaS) model for game developers, designed to streamline and enhance the lifecycle of user engagementâfrom acquisition to retention. This model is broken down into multiple tiers to suit various game development needs, each focusing on different aspects of user growth and interaction.
2.1 User Acquisition
Our subscription service provides access to a curated network of streamers, content creators, and influencers who amplify game visibility. Higher tiers offer more prominent placements and increased access to macrostreamers, ensuring that developers reach their target audiences effectively.
2.1 Onboarding
Soulbound assists in the smooth onboarding of new users into games through tutorials, stream integrations, and interactive community events. Subscribed games benefit from streamlined onboarding flows designed to reduce friction and improve first-time user experience.
2.3 Activations
Games that subscribe to higher tiers can leverage our in-platform activation tools, which include the creation of custom bounties, community challenges, and event sponsorships. This ensures ongoing engagement and activity from both streamers and their audiences.
2.4 Retention
Through continuous content updates, streamer partnerships, and exclusive events, we help developers keep players engaged. Subscription tiers provide tailored retention strategies, including access to long-term streamer relationships and recurring Game Nights or community-driven campaigns.
2.5 Engagement
Our subscription service includes tools to boost in-game and in-stream engagement. Gamers are rewarded for participation through SBX incentives, while higher-tier subscriptions unlock advanced analytics and direct feedback loops from streamers to developers, ensuring engagement metrics are maximized.
This tiered SaaS model is a comprehensive solution for games to scale efficiently, maintain high user activity, and continually engage both new and existing players.
3. Paid Game Activations
Soulbound's platform is designed to foster collaborations between games, streamers, and communities, creating a vibrant ecosystem powered by SBX. Here's how we generate revenue and deliver value through paid activations:
Streaming Services
We partner with both web2 and web3 macrostreamers to create exclusive, tailored content that showcases games. These streamers are handpicked for their influence and engagement, delivering high-quality exposure for game developers who seek to amplify their presence.
Bounties for Microstreamers
Soulbound connects with a network of microstreamers to fulfill bounties offered by game developers. These bounties incentivize smaller streamers to promote games, run challenges, or highlight specific gameplay moments. By engaging this wide pool of creators, developers receive constant, diversified exposure across different audience segments.
Game Nights
We organize scheduled Game Nights where communities and streamers come together to compete, collaborate, and stream games in real-time. These events are sponsored by game developers looking to increase awareness or user engagement around particular launches or content updates.
Community Activations
Through community-driven activations, Soulbound integrates games into grassroots movements, building player-driven initiatives. Developers can sponsor these activities, encouraging players to discover new games while fostering organic enthusiasm and support from their audience. For more information, see the Activations section.
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