01 · Abstract
$CRAB is the native utility token of the CrabbyTV ecosystem, an open creator platform spanning live streaming, on-demand video, fan memberships, and skill-based crypto wagering. The token is deployed on Arbitrum One as an ERC-20 behind a UUPS proxy, with a fixed supply of 3,000,000,000.
Its purpose is to align creators, viewers, and platform operators around a single unit of account that flows transparently across every product surface, replacing fragmented credit systems and platform-controlled tipping currencies.
02 · Problem
Creators on traditional platforms hand over 30 to 50 percent of every dollar to the platform, wait weeks for payout, and have no claim on the value they generate. Fans pay in dollars, receive points, and own nothing they can take with them.
Existing crypto creator tokens are fragmented per-creator, illiquid, and disconnected from any actual platform usage. They behave like memes, not money.
03 · Solution
$CRAB is a single shared currency across CrabbyTV, OnlyShellz, and the Spades arena. Tipping, subscriptions, ad revenue share, wager settlement, and creator payouts all denominate in $CRAB. The platform takes a 3 percent fee, with the remainder flowing directly to creators on-chain.
Because the token is an ERC-20 on Arbitrum, anyone can hold it in a self-custody wallet, trade it on any DEX, or move it to other chains via standard bridges. The value of $CRAB tracks the economic activity of the platforms that use it.
04 · Token Utility
Tipping currency for live streams and clips. Subscription unit for OnlyShellz creator memberships. Wagering currency for Crabby Spades, sports prediction markets, and skill games. Reward emission to active viewers, content uploaders, and high-engagement fans.
Reduced fees for platform actions paid in $CRAB versus stable equivalents. Governance weight on a defined set of economic parameters once the DAO module is live.
05 · Distribution
Total supply is 3,000,000,000 tokens, fully minted at deployment on May 7, 2026, with no further inflation possible. Allocation is detailed in the tokenomics section above. Team and advisor allocations vest with cliff and linear schedules. Liquidity will be paired and locked at the time of DEX listing.
06 · Governance
$CRAB token holders receive voting power on a constrained set of proposals: fee parameters, treasury spend categories, creator reward emission rate, and approved partner integrations. Pause and upgrade functions remain off the governance UI and are gated to a multisig for safety.
07 · Risk Disclosure
$CRAB is a utility token, not a security or an investment contract. It carries the standard risks of any crypto asset: smart contract risk, market volatility, and regulatory uncertainty. Holders should review the contract and audit reports before purchasing. Nothing on this page is financial advice.