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by jjranalli 1669 days ago
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.

For more details and examples, check out this Twitter thread (https://twitter.com/slice__so/status/1463052621841846280?s=2...)