Other

How does Access Protocol function? – Spaxton School

By adminPosted on













How does Access Protocol function?

Creators get ACS tokens based on how many tokens they’ve locked up in their pool, compared to all locked tokens in the system. This way, creators have a better method to earn money and share their content more easily. The system is user-friendly for viewers. Creators can give bonuses, like special events or exclusive items, to those who support them by locking up ACS tokens.

Creators set a minimum number of ACS tokens that a viewer needs to lock up to see their content. If a viewer locks up this minimum, they can see the creator’s special content as long as they keep their tokens locked. The creator can even set this minimum to zero if they want.

In the long run, the rewards creators get will match the total value of all content watched in the system. When creators join and make content, it makes the ACS more useful.

Latest Access Protocol Price

Access Protocol Price Performance So Far

Last 7 Days+44.1%
Last 1 Month+30.4%
Since Launch (2023)-62.2%

Access Protocol surged 58% over the last 30 hours. What are the signals and predictions?

UTC: Feb 27th, 2024 03:41 AM

Overall OutlookNeutral
1. Market’s WisdomPartially Bullish
1a. Market DataPartially Bullish
1b. Technical RecommendationNeutral
2. Crowd’s WisdomNeutral
2a. Social Media BuzzSteady
2b. Social Media SentimentSteady

Korean Traders made up 80% of the Trading volume, avoidable Crypto for now.

The Access Protocol Analysis update provides the following insights:

  • Each subscriber, on average, has locked 8,222 ACS tokens.
  • The average value locked in dollars per subscriber is $18.58.
  • Creators on the platform have an average of 1,673 subscribers.
  • The total value of ACS tokens currently locked is $2,424,541.

These figures are derived from the following data:

  • There are 130,472 non-airdrop subscribers to the ACS token.
  • The total amount of ACS tokens locked is 1,072,805,569.

Access Protocol Price Prediction 2024-2025-2030, Aggregated

  • Access Protocol Price Prediction 2024 is $0.00594
  • Access Protocol Price Prediction 2025 is $0.00728
  • Access Protocol Price Prediction 2026 is $0.00984
  • Access Protocol Price Prediction 2027 is $0.0137
  • Access Protocol Price Prediction 2028 is $0.0159
  • Access Protocol Price Prediction 2029 is $0.0233
  • Access Protocol Price Prediction 2030 is $0.0325

Access Protocol Price Prediction $1: Can Access Protocol Reach $1?

For Access Protocol to reach $1, it would need to increase by a factor of 447. At $1, ACS’s Market Cap will be $24.8 Billion. If ACS were to grow at a rate of 25% each year, it would take about 28 years to reach $1. Let us evaluate this data

  • Quality of Investment- Moderate
  • Growth required to reach $1- Feasible
  • Market Cap at $1- Not Feasible

Given the factors of investment quality, needed growth, and the time it will take, it looks like ACS has a long road ahead before reaching $1.

Access Protocol Price Prediction: Is Access Protocol a Good Investment?

Access Protocol provides a new way for online creators to make money. By using Access Protocol, creators can charge for special content on their sites.

Access Protocol’s model lets users lock ACS tokens to a creator’s content and keep access until they decide to unlock it, avoiding repeated credit card charges. A user gets ACS tokens and uses them to access their chosen creator. With the ACS token, users can access various creators without dealing with multiple credit card payments.

What’s the Big Idea?

Access Protocol is changing the way we consume digital content. This includes everyone, from big media companies to individual influencers.

Benefits for Creators:

  1. New Ways to Make Money: Creators can earn more by producing good content. Fans can also get rewarded for supporting their favorite creators.
  2. More Paying Fans: Right now, only a small percentage of users pay for content. With Access, fans can easily pay creators directly using ACS tokens.
  3. Lifelong Supporters: Without the hassle of renewing subscriptions, fans can support creators for life. If they choose to support another creator, it’s because they genuinely want to.
  4. Freedom from Social Media: Instead of relying on platforms like YouTube or TikTok to make money and get discovered, creators can be found on Access Protocol’s leaderboard.
  5. Easier for Smaller Creators: Individual creators often struggle with the business side of things. With Access, they can easily earn from their content without dealing with ads or complicated setups.

Benefits for Regular Users (Consumers):

  1. Better Content: Before, creators got paid even if the content wasn’t great. Now, they have to keep making good stuff to keep their supporters.
  2. New Payment Style: Instead of paying $250 for a year’s access, users buy $250 in ACS tokens and lock them in for a creator.
  3. Support More Creators: With the old system gone, users can now support more creators than before.
  4. Easy Access: No more credit cards or remembering renewal dates.

Overall, Access Protocol seems pretty cool. But, without a clear idea of how ACS is used in the real world, it’s a moderate investment option.

Where Can I Buy Access Protocol Token?

  • Bithumb
  • Coinbase Exchange
  • KuCoin
  • Gate.io
  • Bybit
  • MEXC
  • Upbit
  • Orca
  • Huobi
  • LBank
  • BitMart
  • SuperEx

~Charu Taneja

Note:  collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

Source link