Our Bridge

This page explores the current token structure, its implications on the growth of the PRT ecosystem and our plans to resolve them moving forward.

NSFW.app | Powered by PRT / ***


PornRocket was born on the Binance Smart Chain back in May 2021 and has since seen phenomenal success. As the project's matured, both the network and the initial contract have been outgrown by the community and the underlying ecosystem.

CURRENT LIMITATIONS

TOKEN NAME

The direct reference to 'porn' in the name of the token continues to present issues with the broader and mainstream marketing of the project and direct marketing in a number of jurisdictions. Whilst acknowledging that this name contributed significantly to the initial growth of the token, it is imperative that we move away from it to something that can be referred to across press releases, social posts, and paid advertising campaigns.

COST OF TRANSACTING

Similarly, the deflationary nature of the token is a core reason the ecosystem has grown so quickly. By definition, however, it makes transacting PRT within NSFW.app unsustainable. If we could whitelist the addresses transacting within NSFW.app, PRT could be utilized within the application without the 10% tax, drastically increasing the utility.

LARGELY CENTRALIZED

The Binance Smart Chain is largely considered CEFI (Centralized Finance), giving Binance a substantial degree of control over the blockchain. With our project being decentralized at its core, exploring alternative chains is a must and will present an array of benefits for the entire ecosystem moving forward.

LIMITED BLOCKCHAIN MARKET

As the project's matured, our success and roadmap have outgrown the technical capabilities of the underlying ecosystem. It would be highly beneficial to access more developed and highly regarded blockchains and their associated participants, alongside their ecosystem of investors.

OWNERSHIP RENOUNCED

Initially, ownership was renounced as the project and team were completely unknown. It is common practice to renounce the contract ownership from the outset as it provides a level of comfort to purchasers that the token attributes will not be changed in any way. However, without ownership, the team cannot make any changes or evolve the token as and when the requirements of the project change. This has severely limited PRT as we've not been able to change the name and are not able to whitelist addresses transacting within NSFW.app.

SOLUTION

We will be deploying a modified version of our current token onto an additional chain/s and providing an interface for optionally moving between them easily 1:1 via a bridge. The deployment of a blockchain (cross-chain) bridge will open up the doors to a world of new possibilities and benefits, allowing us to leverage the technology of new blockchains, ultimately giving us the best of both worlds.

BENEFITS OF OUR BRIDGE

NEW TOKEN NAME

The new token will adopt a name appropriate for mass media coverage which can be easily referred to across mainstream press and advertising networks, allowing us access to the biggest and most reputable media outlets in the world.

ADDITIONAL UTILITY

In order to remove the 10% tax on transactions within NSFW.app, the new contract will have the ability to whitelist ecosystem addresses, creating a true, cost-effective utility token.

NEW INVESTORS

By connecting to a more efficient and decentralized chain/s, we now have access to a whole new ecosystem of investors.

SUPERIOR EXCHANGES

With our new media friendly name, we're opening up the doors to some of the world's largest crypto exchanges.

CONSIDERATIONS

BRIDGE MECHANISM

On the BSC side of the bridge, users can send tokens to a specific 'locked' contract address that can only be controlled by the bridge. Tokens that are locked cannot be used in any way and are effectively not part of the circulating supply. Users will then receive the same amount of the new tokens on the corresponding chain.

NEW TOKEN CONTRACT DIFFERENCES

On the corresponding chain, a token contract will be deployed that replicates the functionality of the existing BSC contract, with three different features:

1) The token name is changed to be more media friendly/acceptable.

2) Whitelisting is enabled to facilitate feeless transactions within NSFW.app

3) Ownership is maintained

SUPPLY

Initially, the supply of the new token on the additional blockchain will be 0. When tokens are moved across the bridge from the BSC chain, the new chain will correspondingly increase, with the total supply across both chains remaining the same.

e.g Holder 'x' sends 50 Billion PRT tokens to the bridge, which locks the tokens and removes them from the circulating BSC supply. The bridge mints 50 Billion of the new token on the additional blockchain and sends them to holder 'x'. Essentially, the supply of the BSC token (PRT) has decreased by 50 Billion and the supply of the new token on the additional chain has increased by 50 Billion, leaving the total supply intact and the same. When crossing the bridge, there is NO EFFECT on the price or market cap as it's considered a 'transfer' across networks. There is no 'buy' or 'sell' occurring.

TOKEN PRICES

To maintain the price parity between the existing token and the newly deployed token, liquidity will need to be provided on either a decentralized exchange or a centralized exchange. We are in discussions with multiple parties around providing the liquidity required. There is also the option to use a fraction of the existing marketing wallet to provide liquidity for a DEX. Naturally, arbitrage activities will ensure the price for both tokens remains equal.

REFLECTIONS

As the supply will be split across multiple chains, reflections that occur within one chain need to be distributed to the other accordingly. There are several approaches to this currently being considered and modeled to ensure a seamless operation.

SUMMARY

Overall, the deployment of a new token on an additional blockchain, alongside the implementation of a two-way, 1:1 bridge, will provide our existing ecosystem with an essential solution to the limitations that currently exist, with minimal impact on the PRT (BSC) token. This is what's going to enable us to be featured across the biggest media outlets in the world, attract a brand new audience, create a true utility token for use within NSFW.app and ultimately take this project to an entirely new level!

PornRocket BSC <> ETH Intimate 

The Bridge Timeline

Stage I

September / October - TESTNET PHASE

We will be deploying both the new ETH based contract and bridge contracts on a testnet to ensure they operate as expected and works flawlessly. In blockchain technology, a testnet is an instance of a blockchain powered by the same or a newer version of the underlying software, to be used for testing and experimentation purposes. Testnet tokens are distinct from actual tokens, and testnet tokens do not have any monetary value. This allows us to experiment without having to use real tokens with a monetary value.

Deployment of the new ETH token.

The Intimate (INTI) contract will function in the same fashion as the existing PornRocket contract on BSC, this time without renouncing contract ownership leaving us the ability to whitelist addresses. The INTI contract will also expand the current BSC reflection logic to facilitate distributions across both the BSC and ETH networks and any future bridged chains.

Deployment of bridge contracts to ETH and BSC networks.

The bridge contracts will facilitate the locking/unlocking (BSC) and minting/burning (ETH) functions as tokens 'cross the bridge'. The development of the bridge interface and all relevant testing will take place.

Stage II

October / November - AUDITING PHASE

Working closely with reputable auditing partners, multiple audits for both the token and bridge contracts will be carried out to ensure that any risks are removed or minimized accordingly.

Blockchain audits are third-party reviews of smart contract code with the goal of picking out bugs, coding errors, and other potential security exploits.

Stage III

November / December - DEPLOYMENT OF BRIDGE & INTIMATE TOKEN CONTRACTS

Deployment to Mainnet.

Deployment of the approved website bridge interface, all housed within a user-friendly interface on our website. Please remember, bridging across to ETH and vice versa is completely optional. Also, all audited contracts will be deployed to mainnet.

Initial 'Intimate' token exchange listings.

The initial exchange for the new ETH based 'Intimate' token will be likely be centralized to ensure appropriate supply and maximum market exposure. Subsequent CEX and DEX listing will shortly follow.

Update of indexing sites (CoinMarketCap & CoinGecko).

The new 'Intimate' token will be added to all relevant indexing sites to ensure the complete picture is available to all those looking at our entire NSFW.app ecosystem. The best of both worlds and the first stop of many.

FAQ's

If someone uses the bridge to move from BSC to the alternative chain, it is not considered as a 'buy' or 'sell' order. It's classed as a transaction from one address to a (locked) bridge address. If the supply is moved either way across the bridge, it does not affect the price or market cap.

We will provide the initial liquidity on the additional chain. Active arbitrage activities and will ensure the price across the networks stays equal to one another. Effectively, if one network is higher than the other, PRT holders will purchase tokens on the lower chain and sell them on the higher chain, bringing the prices closer together, and vice versa.

Our continual aim is to open up our ecosystem to as many users as possible and let them interact in the way that suits them. Bridging to an additional chain, we'll be allowing holders to move between the networks as freely as possible. We anticipate only a few percent to initially move to an alternative chain and the vast majority to stay with BSC in the longer term. BSC is where we originated and we have a vast amount of support here. It will also always remain 'PornRocket' on the Binance Smart Chain. There is significant liquidity associated with the BSC chain, which will continue to be the case.

Nothing. The bridge is entirely optional. Very little will change initially, and the token price in any chain will be the same.

The total supply of PRT is going to be maintained. Reflections, regardless of the network that the originating transaction was on, will be split across all holders of all networks in proportion to the total supply.

Yes, in the exact same way and percentage as with PRT.

No. The supply is not being increased and there is no requirement to bridge. The existing markets and liquidity will continue to operate in exactly the same fashion.

An interface on our website will allow you to specify the address that you wish to receive the new tokens at and you will be provided with an locked bridge address to send the BSC tokens too. Once the bridge receives the BSC tokens, you will be sent the new tokens.

There will be a 10% tax moving from BSC to the new chain as we do not have control to change this due to renounced ownership. We will potentially whitelist the bridge so there are no further taxes between the bridge and the new network.

Yes, it will also be available for use in NSFW.app - There will be no taxes on transactions within our application, one of the core reasons to create this additional token in the first place.

Yes, with our new and media friendly name, we will broaden our horizons with the scope of being listed on the worlds largest exchanges. 

About

The world's leading decentralized adult content social sharing platform built on blockchain. Bringing a disruptive eco system to the adult industry!

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