SavAct

SavAct enables fraud protection in online commerce and funding of content creators via votes. Furthermore, SavAct offers an independent comment section on every article on the Internet, decentralized websites and NFTs with real value.

Whitepaper

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What is SavAct

SavAct opens up new application areas for cryptocurrencies and solves known issues:

1. SavAct enables independent protection against online payment fraud. This protection is based on an integrated mechanism that works without additional fees and does not require a central authority. The mechanism has been submitted for a patent to prevent copies from flooding the market in an open-source environment.

2. With SavAct, content creators gain additional revenue opportunities. The content creator is able to have their own chat, allowing them to make micro-payments across platforms. In addition, SavAct's voting system can be used to generate further revenue. One obligation for content creators is that they have to stick to the voting result in order to keep the revenue. This offers a more user-friendly financing option as compared to alternatives, for example running ads.

3. SavAct enables decentralized websites that are completely stored on blockchains to protect against attacks and censorship and can be accessed through any modern web browser. The files are also non-fungible tokens (NFT). Additional incentives are integrated to adequately compensate artists and authors.

4. Decentralized websites can be beneficial for specific use cases for example to display a decentralized app (DApp) such as a crypto exchange or to hold a token sale. For the latter, SavAct itself provides a decentralized website as well as an associated smart contract that enables a built-in linear price increase and affiliate marketing.

5. Free speech is an important measure against scam websites and fake-news. Therefore, the SavAct browser provides a censorship-free comment section for any web page and its sub-pages. Web pages can be awarded with "likes" to generate additional income for the site owner.

SavAct aims to support as many cryptocurrencies as possible, starting with the most environmentally friendly as well as the most user-friendly cryptocurrencies. Potential profits generated by using the system are managed decentrally and are automatically distributed to token owners.