RACY FREQUENTLY ASKED QUESTIONS

We collected for you RACY Frequently Asked Questions

❓ What is RACY?

RACY PLATFORM is a platform specializing on social media content based on O2O of creator fandom. It provides various services such as production/sale of content and goods in adult age content-related industries such as creators, content producers, influencers, and models, and model linkage for company/product promotion.

❓ People of what countries can use platform?

People of all countries can use our platform. But those who living in countries that prohibit the sale and distribution of a specific category content and the sale and distribution of cryptocurrency cannot subscribe to or use the RACY platform service.

❓ What’s the main RACY goal?

One of the main RACY’s goal is establishing a social media streaming platform where creators and producers around the can create various content such as fashion, games, travel, and dating with an intimate concept, and communicate with fans through their accounts and earn profits from this content.

❓ Does creator have to pay to use the service?

Creators must pay a 5% commission to the platform when selling their products through live streaming, rebroadcasting, and recorded broadcasts within the platform. When a product is sold through an influencer contract with a seller, the seller must pay a 5% fee to the creator and a 5% fee to the platform.

❓ Does service provide contract system?

Yes, RACY is going to build an influencer advertisement and model contract system that can connect creators and business owners who need adult age concept advertisements and models.

❓ As O2O-based platform are you going to sell some goods?

In the Unique Concept Open Market, creators can register and sell goods and digital goods they create, and influencers can sell products sold through companies and live commerce affiliated with them.

The product consists of underwear, general products related to creators and influencers, fashion, cosmetics, and digital goods (photos, videos, pictorials, etc.), and can be registered based on categories according to the open market policy.

❓ What is service fee?

Service fee is a fee for accessing and downloading content sold on the creator’s social media, and consists of a monthly fee, single content download, and user-requested content. 10% of revenue for monthly payment and single content download and 5% of revenue for user-requested content should be paid as platform fees.

❓ Can I upload video through RACY?

We aim to expand business to various fields such as fashion, games, travel, and media by developing a new platform that allows creators and influencers with the ability to share their own original content, connect with their fans, and monetize their creative passions.

❓ What token is based on RACY Platform?

The name of the token to be used on the RACY platform is RACY an ERC-20 smart contract. RACY can be used for all transactions for services provided on the platform.

❓ What the minimum percentage paid from users to creators?

The minimum percentage paid to creators starts at 10%, and from then on, users can decide as much as they want.

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