STAYGE ONE is a vertical block network designed for the entertainment field. STAYGE ONE rewards fan participation with tokens (virtual money) based on the incentivized fan community network. Fans can then carry on supporting their favorite artists by applying the reward tokens to buy artist’s various content, albums, tickets and much more. The artists and the services givers are capable to utilize the motivated fans to make their business more. Via the STAYGE ONE network, the present entertainment sector of 1.8 Trillion USD will grow even bigger.
• The absence of Sustainable Fan advertising Tools: The lack of scalable and sustainable advertising tools makes hard to encourage fans’ contribution
• Lack of Rewards ecosystem for Fans: The fandom that collaborates to the boosted fame of artists is not rewarded.
• Complexity in Stable Fundraising: The entertainment commerce can’t get away from the “extreme risk-high return” constitution → the fragmented information of fandom is not useful.
• Fragmented Services: Complex to collect information due to the fragmented services which fans apply.
The mission of STAYGE ONE
Developing a sustainable Network where Fans, Artists, and Stakeholders can co-exist backed on the motivated fan communities.
Value of STAYGE ONE Network
• Fair Rewards Ecosystem for Fans’ participation: In STAYGE ONE Network. The entire fan activities are recorded in the block-chain. Value making activities will be reward through virtual currencies.
• Interconnection of Services through crypto money: Fans’ participation can be recognized via exact figures in the communities. Artists can simply recognize and use the scale of fandom, fans’ faithfulness and information in their activities.
• Development of Production Environment/ Virtual utilization: Enhanced utilization of information → reduce in risk → rational decisions backed by information allows more sophisticated crowd funding
STAYGE ONE Network Economic System
STG token main currency in the network can be purchased on several exchanges
• Issuance: at first 10 billion, any further issuance is to be decided behind comparing the quantity of STG token and ACT token issuance.
• Acquisition: buy STG token at coin exchange or get it as rewards for involvements.
USAGE:
Transforming to ACT token and joining a Community
In order to contribute to a community, contributors can change their STG token to ACT token in every community in STAYGE ONE Network.
Making Payments to the Artists:
STAYGE ONE network allows independent contribution in much entertainment businesses involving artists. These ventures normally make use of the materials and artists advertising rights to make income or engage with artists to make on | offline events and materials. Every business that relates artists have to pay the artist charges in the shape of performance charges or an income share.
Commerce members contributing in STAYGE ONE network can apply STG to deliver agreement info, and pay the performance charges or a portion of their income to artists. Agreements and payments applying STG token are managed in a safe and clear manner, reducing the threat of engaging in unclear contractual connection as exists presently.
Buying goods or community activities that involve many artists
Buying of goods or community activities of exact artists can be done through ACT token, but it should be done by STG token if it’s bound to many artists. For instance, buying music tickets or compilation albums can’t be done through ACT token and can just be done using STG token. STG can also be applied to contribute in the decision making the procedure to determine the side of STAYGE ONE network.
Rewards and Transaction
When buying goods through ACT or contributing in a vote, a token trade happens among consumers. STAYGE ONE network doesn’t offer a means to deal with ACT via legal tender, and ACT token can be acquired by converting STC token.
Artists to Fan ACT token trades
Artists can get ACT token in return for providing their fans with goods, albums, virtual contents, and many others. For ACT token, trades among artists and a fan, the official delegation of the community contribute in the certification and doesn’t get rewards. This is to let artists offer their items and contents directly to their fans without any fee. Instead, the delegation of the society can be rewarded via verification of ACT trades among fans.
While there’re no charges for trades in which an artists gives value straightly to the fans and get ACT token, 3rd party firms can contribute in the system by offering value-added services, In which they get services charges or link in revenue sharing arrangements if contracted by the artists.
Token Sale
• Token ticker- STAYGE (STG)
• Tokens available- 1,500,000,000 STG
• Platform- ICON
• Bonus- 15-30%
• Accepts- ICX only
• Complete issuance- 10,000,000,000 units
• Sales amount- 5,000,000,000 units
• Token Price - 1 ICX = 400 STG
• soft cap : 2,500,000 ICX / hard cap : 12,500,000 ICX
MORE INFORMATION:
WEBSITE: http://www.stayge.io/
WHITEPAPER: http://www.stayge.io/whitepaper/STAYGE_Whitepaper_en.pdf
Bitcointalk username - araya95
ICONex wallet address -hx3a7fcf56953f4d249634a4ce67085b684198f03d