Skip to main content

One post tagged with "SMCulture"

View All Tags

AMA with SMCulture LaoYao

· 9 min read
X Coder
X Coder
Founder & Developer of PayWall.Tel

Date: September 13, 2025 Based on: In-depth exchange with "Lao Yao," leader of SMCulture community

Introduction​

Hello everyone, I'm X_coder, core developer of Paywall.tel. Today I'm pleased to share the latest progress of our project with you. This AMA is based on my recent in-depth exchange with "Lao Yao" (https://x.com/SMculture_cn), leader of SMCulture. He raised many core questions that investors and users care about, which I find very representative and worth sharing.

SMCulture Community Profile

SMCulture is Asia's leading SM subculture community, primarily focusing on adult content creation, education, and commercialization. The community has a main channel on Telegram with over 310,000 followers (https://t.me/SMculture), making it one of the most influential Chinese communities in this field.

The community not only provides SM cultural content from beginner to advanced levels but also actively explores Web3 technology applications in the adult industry. Leader "Lao Yao" participated in the Japan WebX Summit, discussing RWA (Real World Assets) applications in tourism and the adult entertainment industry, possessing profound practical experience in adult content monetization and blockchain technology integration.

SMCulture operates a complete paid subscription model, providing tiered content services while actively seeking cross-border partners. As a multi-platform, paid-driven professional community, Lao Yao's views have strong industry representation.

Project Overview​

LaoYao: Can you briefly introduce what Paywall.tel is?

X_Coder: Paywall.tel is not just a simple bot tool, but a complete channel operations management system. Our vision is to build a decentralized content monetization ecosystem where everyone can earn income through this platform:

  • Channel Owners: Earn money through quality content
  • Promoters: Get high-proportion commissions by promoting channels
  • Regular Users: Enjoy high-quality paid content
  • Investors: Share ecosystem growth by holding PAY tokens

The core vehicle is a Telegram bot, but behind it is a complete platform similar to "Weidian."

Technical Architecture and Choices​

LaoYao: Why choose Solana instead of TON? Doesn't Telegram have its own blockchain?

X_Coder: This was a carefully considered decision:

  1. Cost Considerations: Our system needs to trigger multiple automatic transactions for one payment (purchasing PAY, distributing to channel owners, promoters, etc.). TON's transaction fees of several tenths of a dollar would make costs too high. Solana's fees are only a few cents.

  2. Ecosystem Maturity: Solana's ecosystem is more active, the community is more willing to teach, making user learning thresholds actually lower.

  3. Globalization Strategy: We plan to serve the global market and need to choose an internationally recognized public chain. Solana has good support worldwide.

  4. Technical Reservation: If needed in the future and the TON community gives us support, we can build a cross-chain bridge on TON to achieve dual-chain operation.

LaoYao: Isn't the threshold too high for ordinary users to use Solana?

X_Coder: There is indeed a learning threshold, but this is the necessary path for Web3 development:

  • For users with trading experience, just install a wallet and get it done in ten minutes
  • For new users, the time cost to learn Solana and TON is the same (3 hours to 1 day)
  • Moreover, the Solana community is more active and it's easier to get help
  • Users can easily obtain USDT through exchanges like Binance

Token Economic Model​

LaoYao: Why issue PAY tokens? Wouldn't it be simpler to trade directly with USDT?

X_Coder: PAY tokens are the core of the entire ecosystem and have several important functions:

  1. Community Cohesion: Form community consensus and belonging around the token

  2. Financing Function: Investors support project development by holding tokens and share ecosystem growth returns

  3. Incentive Mechanism: PAY tokens have practical application scenarios. Promoters don't need to directly call people to buy coins; they just need to practically teach people to use the platform and enjoy platform content, which naturally triggers PAY purchasing actions, without needing to pump and dump

  4. Value Capture: Through the token burning mechanism, platform revenue will drive long-term token value growth

  5. Ecosystem Expansion: Multiple applications can be developed around PAY in the future, just like BNB

Market Positioning and Demand Analysis​

LaoYao: Is the market research for this project sufficient? Are there successful reference cases?

X_Coder: I admit this project has no direct benchmarks, but this is precisely our advantage:

  1. Demand Authenticity: The project originated from my actual need to build paid groups. The initial concept covered various paid group chat scenarios like tutorial software, video sharing, blockchain consulting services, etc. Later research discovered this is a universal demand

  2. Essential Demand Support: We observed genuine market demand in the adult industry, which aligns with Maslow's hierarchy of needs regarding basic needs. Users in this field have strong willingness to pay, providing a stable business foundation for the platform

    Brief Maslow's Hierarchy of Needs: Psychologist Maslow divided human needs into five levels, from low to high: physiological needs, safety needs, social needs, esteem needs, and self-actualization needs. Physiological needs are the lowest and most basic needs, including food, water, sleep, and other basic survival needs. These needs have the strongest driving force; when unsatisfied, they become the main motivation for people's actions.

  3. Market Validation: Collected extensive feedback and suggestions through exchanges with different friends

  4. Innovation Advantage: If there were mature competitors, I wouldn't do this project. The key is correct logic, then forming a moat through technology

  5. Bitcoin Inspiration: Bitcoin's success also had no benchmark but conformed to currency logic, eventually becoming a global currency

LaoYao: Won't the project be too functionally complex?

X_Coder: We adopt the "WeChat model":

  • Focus core functions to the extreme (paid channel management)
  • First focus on private channels, not trying to do everything
  • Though the starting point is small, the market is vast
  • Unlike QQ's excessive functions, we maintain simplicity and focus

Business Ecosystem Model​

LaoYao: Can you explain in detail how the revenue ecosystem works?

X_Coder: This is a complete ecosystem where all four parties win:

Channel Owner Revenue​

  • Use free bot, no monthly fees
  • Get user payments through quality content
  • Cost: Invest time to maintain content quality

Promoter Revenue​

  • No need to create content, promote others' channels to get high-proportion commissions
  • Automatic splitting, no manual processing needed
  • Cost: Use one's own influence and reputation

Regular User Value​

  • Enjoy high-quality paid content
  • Cost: Pay USDT subscription

Investor Returns​

  • Drive long-term price increases through PAY token burning
  • When many users hold PAY, get considerable investment returns
  • Cost: Bear early investment risks

Ecosystem Self-Cycle​

Once started, it forms a positive cycle:

  1. Channel owners get promotion partner help
  2. Channel members learn to establish their own channels
  3. New channel owners are still subordinates of original promoters, forming revenue networks
  4. The entire ecosystem continues to expand

Project Progress and Roadmap​

LaoYao: What stage of development is the project at now?

X_Coder: Current progress is 90%, the bot is basically formed. Due to complex channel member management and PAY token automatic purchase transactions and multi-channel distribution, more time is needed to handle details.

Timeline:

  • Fast completion within a month
  • Slow release during Spring Festival (everyone has time to tinker then)

Release Roadmap:

  1. Crowdfunding: Raise funds for subsequent project development
  2. Demonstration Channel: Establish the first demonstration channel as the outbreak starting point
  3. Early Validation: A dozen seed users find bugs and provide suggestions
  4. Public Promotion: Hundreds of community members promote outward, getting many channel owners to join

Risks and Challenges​

LaoYao: What are the main challenges facing the project?

X_Coder: Frankly, main challenges include:

  1. Technical Threshold: Users need to learn Solana usage, but this is the necessary path for Web3

  2. Market Education: Need to make users understand the value of the token economic model

  3. Regulatory Risk: Choosing cryptocurrency is precisely to avoid traditional financial regulatory risks

  4. Competitive Pressure: Imitators could appear at any time, needing technology and ecosystem moats

  5. User Habits: Need to change users' traditional payment habits

But these challenges are also opportunities. The first project to solve these problems will gain huge advantages.

Globalization Vision​

LaoYao: What is the project's long-term plan?

X_Coder: Our ultimate goal is globalization:

  1. Bilingual Support: The website already supports Chinese and English, the bot will also launch an English version

  2. Market Strategy: First validate in the Chinese market, then promote globally

    • Developed countries' consumption power is several times that of the Chinese region
    • High wage levels, strong willingness to pay

  3. Technical Architecture: All interfaces have reserved internationalization support

  4. Risk Distribution: Doing global markets can reduce single-market regulatory risks

Participation Opportunities​

LaoYao: How can investors and users participate in the project?

X_Coder: The project is currently 90% developed, planning to open more participation opportunities at 95%:

For Investors:​

  • Participate in crowdfunding (specific plan to be announced)
  • Directly purchase PAY tokens on DEX
  • Participate in early community building

For Channel Owners:​

  • Become demonstration channels, get first-mover advantage
  • Participate in early testing, provide product suggestions

For Promoters:​

  • Join early promotion teams
  • Build recommendation networks, get long-term returns

For Developers:​

  • Develop more applications around the PAY ecosystem
  • Contribute code, participate in community governance

Conclusion​

Paywall.tel is not just a paid channel bot, but a complete decentralized content monetization ecosystem. We are building a Web3 era "Weidian" platform where everyone can find their value position in this ecosystem.

Although the project faces challenges, these challenges constitute our moat. We believe the first project to truly solve Telegram paid channel pain points will gain huge market first-mover advantage.

Thank you to SMCulture's Lao Yao for raising profound questions, and welcome more professional communities to exchange and cooperate with us. Before Spring Festival, let's witness the birth of this ecosystem together.

Project Information:

Partners:

Risk Warning: Cryptocurrency investment has high risks. Please invest rationally and do not invest more than you can afford. This AMA content is for communication and reference only and does not constitute investment advice.