# FreshCut-Due Diligence Report

**Published by:** [BitMetis](https://paragraph.com/@bitmetis/)
**Published on:** 2022-04-29
**URL:** https://paragraph.com/@bitmetis/freshcut-due-diligence-report

## Content

Author：BitMetis | @BitMetisFreshCutBitMetis Review：General：100+ Creators Scale of Gameplay Video Uploading + Audience Quest Rewards Tokenomics： Reasonable token unlocked period, the liquidity reward is greater than 50% Community： Not Much but loyal, Communities are rewarded with daily activity Investor & Team: World-class VCs investors, Core Team members are from Twitch and Microsoft.Read Full Report ：✔IntroductionFreshCut It is a Web3 gaming community and content ecosystem built for creators and fans. Currently, there are over 1000+ downloads and 600K+ total fans across FC channels which is more popular in Russia. Through short-form gaming videos, the platform is redefining creator-fan engagement via community governance and showcasing top-level gaming experiences. FreshCut is committed to breaking old industry standards and sharing value back to the rightful creators and fans that build and maintain a healthy and engaging and fun community.**FreshCut Creators---**They are community members who are able to upload their content to the FreshCut app. FreshCut Creator can be Twitch streamers, YouTuber Creators, entertainers, editors, remixers, members....the list goes on and on and on. The vision for creators is to be able to monetize through their short form content, including clips, shorts and highlights. Expect this program to launch sometime later in 2022.How to become a FreshCut Creator?Creators don’t have to be the top to be a FreshCut Creator, but creators do need to be dedicated to their craft. A higher bar for creators means a likelihood for better quality content. Quality content = quality app experience. So currently becoming a creator can be done by invitation only. On Discord's platform, Freshcut opens invitation channels periodically. To increase the chances of getting a whitelist, creators can keep increasing their activity in community chat in Discord.✔Tokenomics$FCD (FreshCut Diamonds)---ERC 20 community token,which will unlock the value that has previously been concentrated in the hands of legacy web-2 social video platforms. It is the key to monetization for creators. There are 3 mechanisms to earn $FCD: Create and Earn, Engage and Earn, FCD tipping.$FCDHow to earn $FCD● Community membership benefits ● Engagement with your favorite creators ● Patronage/tipping ● Access throughout the FreshCut Network events and experiencesToken AllocationBelow is the $FCD token allocation. There is a total supply of $1 billion FCD tokens at time of issuance, with 50% or 500 million of the tokens allocated to the FreshCut community of viewers and creators.Freshcut Token AllocationFreshCut will announce 1.8% total token supply at TGE and US$2.2M initial market cap. We can see from the figure as above, Creator Community Rewards and Treasury accounts are 50% which is the most proportion in the total token allocation, which is conducive to increasing the enthusiasm of players to create. Contrary to the creators’ rewards, the proportion for public sale is relatively lower with 6% which is allocated monthly. In the meantime, there are two platforms to develop the offering: Republic(It has raised $1644778 with 347 investors) and Polkastarter (the goal for fundraising is $500,000). And in Republic, there are three options for the reference: $0.12 no lockup and 6 months lockup for $0.08, and 12 months for $0.06. In Polkastarter, all will be unlocked at $0.12 on May 12.TGE Unlock✔CommunityFreshCut has 6.8K followers on Discord and 15.3K followers on Twitter and the community is very distinctive. Especially on discord, players and creators will get tickets to become creators through Discord and the number is very scarce. In addition, the platform will preview the weekly calendar events in advance every week, and each event will set up three places. And the frequency of activities is very high, at least to hold an event every day.Platform data analysisThere are 148 creators in FreshCut currently.Although the quantity is condensed, the content is rich. The game platform's weekly content is listed on the homepage and categorized according to the game tag: taking the game videos uploaded this week as an example, 181 game videos have been uploaded this week, divided into seven categories. The most uploaded category of videos is #funny#, which has 16483 views, while the total number of videos with the hashtag #funny# is 1522. This can be said to be a small number of people creating a large number. The platform's current hottest creators have 436.2K fans. But it's worth mentioning that while the number of views and followers is outstanding, there are very few submissions. Of course, this situation exists in the community as a whole, not as an individual phenomenon. At the same time, in addition to the weekly game summary, there are also weekly Top game summaries: Let’s take this week as an example, the top four games are VALORANT, WARZONE, Super Smash Bros, League of Legends. The game video uploaded is diversified. ✔Investors and TeamInvestor & TeamFrom this diagram alone, we know how magnificent FreshCut's business landscape is. FreshCut is not only pioneered by former Twitch industry leaders such as FreshCut CEO James Kuk (previous head of global business development and strategic partnerships in Twitch), but also invested by the world-class investment firms. For example, Three Arrows Capital is one of the qualified venture capitals in the world which has invested in Axie Infinity, Trader Joe, Ultiverse and other first-tier platforms and games. Therefore, FreshCut's prospects and strength are intolerable!Summary● A big feature of this platform is that players can only become a member of the creators if they are invited. So to a certain extent, there is a good control over the content and quality of the game video. ● FreshCut offers innovative features to reward creators and fans and gives them a voice in the platform they contribute to. ● The strength of the investors and the entire team is very strong, which also provides a large user base. ● The proportion of token distribution is relatively reasonable, and the proportion of tokens issued for market circulation is higher than 50%.Please Note: the above content analysis is only for Reference information, not as a basis for investment decision-making. Bitmetis and the author of the report will not be responsible for the user's investment results. BitMetis The world's first decentralized Game-Fi distribution platform. We aim to build a bridge to connect every aspects of metaverse. Real-time Data|Trending Events|Guides|Click-to-Earn Bounties ***Where to find us？ *** Twitter ：https://twitter.com/BitMetis Telegram：https://t.me/bitmetis_official Discord：https://discord.com/invite/pp6CBntccT YouTube：https://www.youtube.com/channel/UCCPexBnOwLnPrEFSsbKFYeA All Links：https://linktr.ee/bitmetis https://linktr.ee/bitmetis

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