🌹On-chain Superlike

Our aim is to attract a large influx of Web3 users by introducing the profit-generating effect of on-chain Superlike. These Web3 users engage in social interactions with users from both Web2 and Web3 while earning money, thus fostering network effects and social ecosystems.

You can buy and gift Superlike to users you're interested in, allowing you to initiate a 48-hour temporary chat without the need for matching. If you succeed in making a positive impression within the 48-hour window, the other user has the option to actively like you, transitioning your temporary connection into a formal one. Additionally, you can engage in speculative activities by holding Superlike of promising users, anticipating increased demand before selling them to generate profits.

Using Superlike allows for temporary chats but cannot be exploited for speculation. Selling Superlike allows speculation but does not enable chatting. This is a balance.

1. Superlike

Superlike represents a groundbreaking "social monetization" tool launched by Pumpkin. Users can seamlessly:

• Buying: You can buy Superlikes for anyone, including yourself, to use or sell at any time in the future.

• Using: By using N Superlikes on a user, you can instantly initiate a 48*N-hour temporary chat without the need for mutual matching.

• Selling: You can engage in speculation by holding Superlikes of certain users, waiting for their value to appreciate, and then selling them for profit.

1. Ways to earn with Superlike

• Become a Beloved Figure: When others use Superlikes on you, you will receive 95% of the profit, and when others buy or sell your Superlikes, you will receive 5% of the profit.

• Invite Friends to Join Pumpkin: When your friends buy, sell, or use Superlikes, you will receive a 1.25% commission. Additionally, when your friends' Superlikes are purchased, sold, or used by other users, you will also receive a 1.25% commission (an innovative bidirectional commission!).

• Investing in Superlikes: Earn the price difference by purchasing Superlikes from users with growth potential and selling them at opportune moments.

1. Superlike pricing

Currently, Superlike is priced in USDT on the Arbitrum network, with potential expansion to additional chains and assets in the future. The price of Superlike fluctuates based on market holders, rising with increased holders and vice versa.

The buying price of Superlike is calculated as:

$$Buy(Superlike) = x ^{2}/10$$

The selling price of Superlike is calculated as:

$$Sell(Superlike) = (x-1)^{2} / 10$$

Here, X represents the position of the Superlike at the time of the transaction, with the position decreasing when sold or used.

No	Buying price	Selling price
1	0.10	0.02 (fixed)
2	0.40	0.10
3	0.90	0.40
4	1.60	0.90
5	2.50	1.60
...	...	...
100	1000.00	980.10
...	...	...

For example: You are the first person to buy Alice's Superlike. The price you bought it for is

$$1^{2}/10=0.1$$

• If you use the Superlike on Alice, you can immediately start chatting with her, bypassing the matching restrictions and gaining a social experience.

• If you continue to hold Alice's Superlike and later there are four more people holding her Superlike, and at that point, you want to sell it at the fifth position, the selling price would be

$$(5-1)^{2}/10=1.6$$

• In this case, you would earn (This calculation does not account for transaction fees)

$$1.6-0.1=1.5$$

1. How to buy Superlike

You can find users you're interested in by searching, swiping, or browsing the Superlike list, and purchase their Superlikes.

5. How to use Superlike

Click on the Superlike button on the profile card of your interested user:

After using Superlike, you can immediately initiate a 24-hour temporary chat with the other user.

1. How to sell Superlike

You can find users you're interested in by searching, swiping, or browsing the Superlike list, and sell their Superlikes.

1. Commissions

As shown in the following diagram. Bob buys/sells/uses User Alice's Superlikes. Amy is Bob's referrer, and User Tom is Alice's referrer.