❓How does it work?

This is preliminary as we cant reveal much until security is 100%. Stay tuned.

How The Sahara on Cardano Works

Overview

The Sahara on Cardano is a pioneering social media platform that leverages blockchain technology to transform the way users interact online. At its core, users can engage in the trading of "keys," which represent tokenized Twitter profiles. These keys, functioning much like shares, experience price fluctuations based on user demand.

Key Features

1. Trading Keys:

   • Users can buy and sell keys, enabling them to gain ownership of tokenized Twitter profiles.

2. Price Dynamics:

   • The value of a key is influenced by the demand in the market. When more users are interested in a particular profile, the price of its associated key rises. Conversely, if users decide to sell their keys, the price may decrease.

3. Revenue Generation:

   • Users have the opportunity to earn a portion of trading fees when others buy or share their keys.

Opportunities for Users

• Influencer Shares:

  • Shares from newer influencers present exciting opportunities for potential earnings. However, it's important to note that as initial hype subsides, finding lucrative opportunities may become more challenging.

User Interaction

• Private Chat Groups:

  • Each user has their own private chat group, similar to Telegram. To gain access, others need to purchase shares associated with that user. When a user decides to leave a group, they can sell their shares to other users.

How to Get Started

• No Invite Codes Required:

  • Unlike some social fi platforms, The Sahara does not require users to have an invite code for sign-up.

Tokenization of Identity

• Direct Communication:

  • Users can tokenize their identity using keys, facilitating direct communication and personalized engagement on platforms like Twitter.

Benefits of The Sahara

• Innovation and Decentralization:

  • The Sahara leverages the power of the Cardano blockchain, providing an innovative and decentralized social media experience.

Future Potential

• Integration with Cardano:

  • The Sahara's integration with Cardano ensures seamless operation and positions it as a promising player in the tech scene.

Fee Structure

• Transaction Fees:

  • The Sahara platform will charge a small fee for every deposit, withdrawal, and buy/sell transaction of shares. A portion goes to development, A portion goes to the creators/users, and a portion goes directly into the $HYC liquidity pool as BUY and BURNS.

  • Development Fund:

    • A portion of the fees collected will be allocated to the development fund. This fund will be utilized to enhance the platform's features, security, and overall user experience.

  • Creator/User Rewards:

    • Another portion of the fees will be distributed to the creators and users. This incentivizes active participation and content creation within The Sahara community.