Creatstep Launches Utility Token SCOPE ($SCP)

CreatStep
4 min readDec 25, 2021

“Creatstep breaks down communication barriers with an innovative, user-friendly platform to connect people passionate about all aspects of the creative arts, at all levels of experience.”

Introduction

Creatstep has successfully launched their utility token Scope ($SCP) using launchpad service Pinksale via a KYC’d fairlaunch on December 2nd 2021.

Scope ($SCP) contract address: 0x384db457a2e80a47333cf57d5a550e643f515cc9

Scope has been audited by Interfi (link) & the dev team have KYC’d with the Pinksale team to ensure security and transparency for holders.

“Scope will allow users direct access into the world of creative arts via its innovative platform Creatstep.”

Scope is currently listed on Pancakeswap and has gathered a lot of momentum over the past few weeks as Creatstep’s marketing budget expanded well thanks to the balanced structure in which the taxes on transactions are currently being processed.

The current taxation on transactions is 15% of which 7% is distributed back to the marketing and development wallet, 6% is paid out in rewards to holders in the form of Binance Pegged Ethereum & 2% is sent back into the liquidity pool.

Although the initial taxes of 18% were considered high for a utility token, the contract allowed for this to be reduced at a later stage. The reduction in taxation phase 1 has been completed, the next will be communicated to the community after launch of the Creatstep platform.

The current taxation allows for Creatstep to expand it’s platform and Scope ($SCP) at an enhanced rate but also allows for holders to recieve a good level of rewards in the form of Binance Pegged ETH.

Scope has also already been listed by Coingecko (link) & CMC (link) as this allows for users to track the price of the token easily and will allow future CEX or DEX exchanges we list on to be tracked.

Tokenomics

The Tokenomics of the Scope ($SCP) token at launch were as follows:

  • 1,000,000,000,000 Max Supply
  • 442,352,000,000 Burnt
  • 264,400,000,000 Presold
  • 237,960,000,000 LP
  • 30,000,000,000 Vested (Locked)
  • 25,288,000,000 Development

How Scope ($SCP) will be used

Scope ($SCP) will be used for payment for services/subscription on the Creatstep platform. Users will be able to partake in Masterclasses with people in the creative arts industry initially however as the Creatstep platform expands there will be more features available such as Social Networking, Meeting with celebrities, personalised videos, a marketplace and more.

Creatstep will also seek to dive into the NFT sector, the idea behind this will be to allow celebrities and well known people to create signed NFT’s and Scope ($SCP) holders will be able to stake their tokens in order to recieve one of these NFT’s.

The list of features are non exhaustive and more will be added to the list, these will be communicated to the community at a later stage via our social channels.

What is Creatstep

Creatstep is a platform that was created in 2019 by Arturas Saskinas & William Goldstein as a platform to allow people that wanted to learn access into the creative arts industry.

The platform allows users to connect with talented people such as musicians, actors, artists & others in the creative arts field and partake in masterclasses.

Creatstep will be expanding over the coming months and creating an all-in-1 platform to allow users to socially network, collaborate, source talent, have 1-1’s and more. The platform will integrate A.I technology to automatically pair users to those in the same field as them, this technology will also not allow users with 0 experience to directly approach a user that is very well experienced unless they choose to do so to avoid spam and harassment on the platform.

The access to masterclasses and other features will require subscription which would be paid in Fiat or Scope ($SCP) however we will allow some free use of the platform with limited features. Paying in Scope ($SCP) will allow a user to access these features at a discounted rate.

Summary

To summarise the Scope ($SCP) utility token will have a multitude of usecases. The Creatstep platform will allow Scope ($SCP) to gain in holder numbers and trading volume should increase in line with this which in turn increases the rewards recieved.

Scope ($SCP) will allow the creative arts sector to embrace crypto and this in turn will encourage mass adoption which is the main objective of our platform.

The long term goal of Creatstep is to build an entire ecosystem around Scope ($SCP) and connect users from around the globe, connecting talented people with those looking to learn.

Read more about us on our Website & Whitepaper below.

Scope $SCP Official Website

Whitepaper

Visit Creatstep’s twitter & telegram channel for official news & announcements by clicking on the below links.

Twitter

Telegram

Links to buy & track the price below.

Pancakeswap

Poocoin

Dextools

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CreatStep

While the internet has revolutionized communication and distribution, its true impact on the arts remains largely untapped but now, we bring to you Creatstep.