Slice is a platform to create and manage slicers: smart contracts designed to split any ETH received among their owners, proportionally to their owned "slices".
Slices are ERC1155 tokens used to subdivide slicer ownership, which allow their owner to redeem any due ETH from the relative slicer.
Each slicer comes with a decentralized store, which acts as its main source of income. It currently allows to sell files of any kind, and in future even physical objects or services via the Slice API. Products data are stored on IPFS and encrypted so that only those who buy them can see their content (not even Slice can).
In other words, slicers represent a specific entity, project or collectible, and can be used to split payments among token holders and sell products of any kind in a decentralized manner.
Slices can be transferred or sold on Opensea like any other token. Since the ETH income generated by slicers is public, slices are effectively tradable tokens with an objective value. This opens up to many exciting use cases with slicers acting as an independent, decentralized payments infrastructure and counterpart to real-world applications.
Probably a lot of work, but isn't the main issue limiting yourselve to crypto payments?
Customers don't care about the tech involved. Ease of use is the main issue and people pay goods in $ a lot more, since they don't hold on to it as much.
Customers and creators both largely benefit from a fully decentralized solution such as product stores on Slice, for example with true ownership over content and unparalleled privacy. I don't think fiat payments will ultimately prove to be a critical issue.
That said, support for fiat as alternative payment method can be indeed achieved, such as payments with any crypto. It takes a lot of work, but it's on the roadmap
To be honest, your response ( 1st paragraph) seems a standard crypto marketing piece without going into details and far from reality what customers would want.
I already bought content online, eg. On Envato and i received licenses too.
What's new? What's the "great" benefit? How is a dispute handled? Is it even legally enforceable? In which country? Why care about decentralization & privacy. I don't care about privacy. I want an invoice for my business before I buy anything. I'm going to give me address for a delivery/invoice and I'm going to give you my email for keeping me up to date.
The Slice website is merely an interface for interacting with its contracts on Ethereum. Just this fact has profound implications on ownership and privacy, and makes it hard to compare it with any centralised service.
True ownership means that no-one can ever stop you from selling content, or earn from it. It also comes with the freedom of selling part of your ownership to others.
It introduces the concept of NFTs with objective value (based on slicer accumulated ETH) which makes it possible to leverage the unique characteristics of web3 and NFTs in real world applications.
Composability makes it possible to seamlessly combine Slice with any other contract or web3 service. This is the case for example for Slice used as tool to handle payments to DAOs, or to establish temporary project based on collaborations between DAOs and individuals.
I agree that at first sight it may seem like it introduces unneeded complications with respect to traditional centralised services (especially from a customer's perspective), but comparing Slice to existing marketplaces doesn't really have sense as it effectively represents a new way of owning, creating and selling content.
Eg. Site assets need to be copied to be used on a site.
If i can't copy it, it can't be used/uploaded into my CMS and by definition it has no use-case for this.
Then there's one thing: art. But if you use it, it becomes a jpg and can be copied ( eg. An avatar). I also can't display it in my wall.
I just don't see a practical use-case?
Care to give an actual example where you don't expect all applications to move away from
simple jpg/PNG to a Blockchain viewer where you can still screenshot ( which would be ridiculous to think)
Slices are ERC1155 tokens used to subdivide slicer ownership, which allow their owner to redeem any due ETH from the relative slicer.
Each slicer comes with a decentralized store, which acts as its main source of income. It currently allows to sell files of any kind, and in future even physical objects or services via the Slice API. Products data are stored on IPFS and encrypted so that only those who buy them can see their content (not even Slice can).
In other words, slicers represent a specific entity, project or collectible, and can be used to split payments among token holders and sell products of any kind in a decentralized manner.
Slices can be transferred or sold on Opensea like any other token. Since the ETH income generated by slicers is public, slices are effectively tradable tokens with an objective value. This opens up to many exciting use cases with slicers acting as an independent, decentralized payments infrastructure and counterpart to real-world applications.
For more details and examples, check out this Twitter thread (https://twitter.com/slice__so/status/1463052621841846280?s=2...)