No items found.

Access Protocol

price
change

Discover Access Protocol's fundamentals and latest news.

This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is Access Protocol?

Access Protocol (ACS) is a digital platform designed to help digital media publications and content creators monetize their work through a Web3-native experience. Instead of traditional subscription payments, users stake the ACS token to receive access to premium digital content. The platform aligns consumers and content creators by replacing ads and subscriptions with a new monetization model, offering users incentives and rewards for their engagement.

How is Access Protocol used?

The crypto Access Protocol (ACS) is used to facilitate a Web3-native experience for content creators and their consumers. Here's how it works:

  1. ACS Locking: Users subscribe to a creator's pool by locking ACS tokens. This unlocks a set of content or services determined by the creator.

  2. Reward Split: Both the user and the creator receive a daily reward, which incentivizes the user to continue supporting the creator.

  3. Flexibility: Users can stay in a pool for as long as they want, without worrying about subscription renewal dates or cancellation processes.

  1. 2% Fee: A 2% fee is charged when subscribing to a creator, which is burned (removed from circulation) to maintain the token's value.

  2. Ecosystem: Users can use their rewards to support other creators in the ecosystem or contribute more ACS to their existing creator, all through the Access content hub.

How do I store Access Protocol?

To store Access Protocol (ACS) tokens, you can follow these steps:

  1. Create an account: Open a free account on a cryptocurrency exchange like MEXC or Coinbase. This account will serve as a portal for managing your ACS tokens.

  2. Fund your account: Deposit funds into your exchange account using methods such as credit/debit cards, bank deposits, or peer-to-peer trading.

  3. Purchase ACS: Use your funded account to buy ACS tokens. You can choose from various order types like market orders, stop orders, or limit orders depending on your preferences.

  1. Store in your exchange wallet: Once you've purchased ACS, you can store them in your exchange wallet. This allows you to manage your tokens, trade them, or stake them for passive income.

  2. Optional: Transfer to a personal wallet: If you prefer to store your ACS tokens in a personal wallet, you can transfer them from your exchange wallet. Popular options include Metamask Wallet, which supports multiple assets and blockchains.

By following these steps, you can securely store and manage your Access Protocol (ACS) tokens.

How to buy Access Protocol?

To buy Access Protocol (ACS) tokens, follow these steps:

  1. Choose an Exchange: Select a reliable centralized exchange where ACS is listed, such as Gate.io, Coinbase Exchange, or KuCoin. Alternatively, you can use decentralized exchanges (DEXs) like Raydium.

  2. Create an Account: Register on the chosen exchange by providing necessary information, including your email address and a secure password. Complete any identity verification steps if required.

  3. Fund Your Account: Deposit funds into your exchange account using a payment method such as a credit card, debit card, bank deposit, or third-party payment channels.

  1. Buy ACS: Navigate to the Buy & Sell section and select ACS as the cryptocurrency you want to purchase. Choose the desired order type, such as Market Order, Stop Order, or Limit Order.

  2. Transfer to Wallet: Once you've purchased ACS, you can either hold it in your exchange account or transfer it to your personal cryptocurrency wallet for additional security and flexibility.

For a more detailed guide on using a DEX, refer to the steps outlined in the Binance guide, which includes setting up a Trust Wallet and connecting it to the DEX.

Discover
Access Protocol
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

History of Access Protocol

Access Protocol, founded by Mika Honkasalo, a DeFi investing expert, is a cryptocurrency project that aims to revolutionize digital content monetization. The project was established to provide a new way for digital media publications and content creators to earn revenue from their work. Instead of traditional subscription payments, users stake the ACS token to gain access to premium digital content from participating creators and publications.

The project gained significant attention after a public token airdrop, which distributed 20,000 ACS tokens to early adopters. This airdrop led to a substantial increase in the token's value, with traders pushing the price up by over 300% since its launch. The token was listed on several exchanges, including Coinbase, which marked the first Solana-based token to be listed on its launch day.

Access Protocol has partnered with various publications, such as CoinGecko, The Block, Crypto Briefing, Wu Blockchain, and others, to integrate its token-based monetization model. The project's tokenomics are designed to incentivize both content creators and users, with a focus on gamification and unique offerings like NFTs to encourage engagement and staking.

The project's foundation, led by Mika Honkasalo, continues to develop and expand the Access Protocol ecosystem, focusing on onboarding more creators, improving the user experience, and driving adoption. As the project grows, it is expected to play a significant role in shaping the future of digital content monetization in the Web3 space.

Discover
Access Protocol
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

How Access Protocol works

The Access Protocol (ACS) is a cryptocurrency designed to revolutionize the way content creators monetize their work. It operates on a web3-native model, aiming to replace traditional subscription and advertising methods. Here's how it works:

ACS Locking

Users subscribe to content creators by "locking" ACS tokens into a creator's pool. This unlocks a set of content or services determined by the creator. Both the user and the creator receive a daily reward, which is split between them. The user retains ownership of their tokens, allowing them to stay in a pool for as long or as little as they like without worrying about subscription renewal dates.

Reward Split

The key difference between Access subscriptions and traditional subscriptions is that users retain ownership of their tokens. This means they can choose to stay with a creator or move to another pool at any time. The daily reward is split between the user and the creator, incentivizing both parties to engage with the content.

Fees

To subscribe to a creator, users pay a 2% fee, which is burned (removed from circulation) to maintain the token's value. This fee ensures that the token's supply is controlled and that the ecosystem remains healthy.

Ecosystem

The Access Protocol allows users to contribute more ACS to their existing creator or discover other creators in the ecosystem. The protocol reward can be used to subscribe to new content offerings via the Access content hub. This creates a seamless experience for users, who can explore different creators and content without needing to manage multiple subscriptions.

Governance

The Access Protocol Association, a non-profit organization, oversees the growth of the Access Ecosystem. It focuses on onboarding creators, expanding partnerships, optimizing the business model, and reducing friction for consumers. The association also develops technology to support the ACS ecosystem, including protocol features, analytics, and website plugins. Governance decisions are made through on-chain voting by ACS token holders, ensuring that the community has a say in the protocol's development.

Tokenomics

The ACS token is fungible and can be utilized across participating creators, providing a consistent experience for users. Creators receive ACS tokens proportional to the amount of locked ACS within their pool relative to the number of locked tokens across the ecosystem. This model incentivizes creators to improve monetization and broaden content distribution through a lightweight, low-friction user experience.

Overall, the Access Protocol aims to create a more equitable and flexible monetization model for content creators, while providing users with a seamless and rewarding experience.

Discover
Access Protocol
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Access Protocol's strengths

The token Access Protocol (ACS) has several strengths that make it an attractive investment opportunity:

  1. Unique Monetization Model: Access Protocol (ACS) offers a new way for content creators and publishers to earn money from their work using a digital currency called ACS. This model allows users to pull their ACS tokens together to gain access to exclusive content, benefiting both creators and consumers who receive daily rewards.

  2. Web3 Integration: Built on the Solana smart contract platform, Access Protocol (ACS) leverages web3 technology to revolutionize content monetization. This integration provides a decentralized and transparent platform for creators and users.

  3. Flexibility and Ownership: Unlike traditional subscription fees, Access Protocol (ACS) tokens are used as collateral to unlock content. Users retain ownership of their tokens and can withdraw them at any time, eliminating the need for recurring monthly costs.

  1. Reward System: The platform offers a daily reward split between users and creators, incentivizing high-quality content and user engagement.

  2. Low Fees: The 2% subscription fee is burned, reducing the total circulation of ACS tokens and potentially increasing their value over time.

These strengths position Access Protocol (ACS) as a promising investment opportunity in the cryptocurrency market.

Access Protocol's risks

Access Protocol (ACS) carries financial risks that investors should be aware of before making any investment decisions. The token is considered a high-risk investment with significant volatility, making it suitable only for those with a high tolerance for risk.

The token's price can fluctuate greatly, and its value may vary widely over time. For instance, predictions for 2029 suggest the token's value could range from $0.1762 to $0.4172, while in 2030, it could be between $0.3709 and $0.5100. This volatility can result in significant losses if the market moves unfavorably.

Additionally, Access Protocol has been given an average risk assessment by InvestorsObserver, indicating that it is a relatively moderate risk investment. This assessment is based on factors such as the amount of money required to move the price over the past 24 hours, changes in volume, and market capitalization. While the risk is not extremely high, it is still important for investors to carefully weigh the potential rewards against the risks involved.

It is crucial for investors to perform their own research and consider their individual financial goals before investing in Access Protocol (ACS). This will help them make an informed decision and mitigate potential losses.

Discover
Access Protocol
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Did Access Protocol raise funds?

Discover
Access Protocol
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Access Protocol's ecosystem

No items found.
No items found.
Discover
Access Protocol
We give you the tools to invest your time and money in 1000+ tokens.
Subscribe

Access Protocol’s team

  • Mika Honkasalo: Founder of Access Protocol, a DeFi investing expert who introduced the project in 2022.

Whalee AI

The fundamental analysis assistant for crypto value investors.

Access Protocol NEWS REPORT

Latest news

Want an analysis of Access Protocol? Tell us on discord.

Similar tokens

Looks like we're missing similar tokens!
Help us improve!
Tell us what you think of this page and which features you would like to see next.
OPEN FORM