Though fans play a dominant part in the development of an artist’s success, there’s no denying that they don’t receive the essential recognition they’d be winning. With their exciting entertainment business model, most of the focus is on creating revenue and eliminating top risk situations for the musicians (Artists).
Such situation calls for the inclusion of fans into the activities of the artists. STAYGE ONE is a project looking to solve these problems for the artists by making the capability to tokenize the fandom. Here is how the STAYGE ONE seeks to make Block-based sustainability for each contributor including artists and motivated fans.
That is the place where STAYGE ONE platform arrives, then a new system for artists and fans and virtual money, STG. STAYGE ONE uses block tech to tokenize the artist’s fandom to give a fair evolution and reward ecosystem that’s independent of specific firms and services. The worth of neither fan activities that historically have not been measured nor familiar will now be fairly evaluated by this society and substantialized via virtual money, STG.
STAYGE ONE will gear towards healthy and sustainable development in the entertainment sector. Activated societies via rewards ecosystems encourage the contribution of artists, investors and many stakeholders in entertainment sectors.
Via their voluntary contribution, a range of services such as crowd funding, production, ticketing, and business can be given in STAYGE ONE platform. Furthermore, it’ll act as a P2P platform that doesn’t involve any reasonable fee framework. The financial system made by STAYGE ONE network will share the added value with each participant. They highly believe that it’ll be a foundation of the sustainable development of the system.
STAYGE ONE Network
STAYGE ONE Network is a block-based Artist/Fans system that STAYGE One will co-create with every fan, artists, and business partners in the entertainment sector.
STAYGE ONE Mission
Their mission is to create a smooth platform where each one, including motivated artists and fans and a number of stakeholders in an entertainment sector, to grown and advantage more equitably. To this end, they’re tokenizing the fandom that’s the real foundation of the entertainment sector. Fandom’s influence was intangible in old systems but will have solid value via STAYGE ONE Network. Tokenized fandom will be driving push for the system and market development.
Value of STAYGE ONE Network
• Fair Rewards Ecosystem for Fans’ Participations
Block-chain tech is changing the paradigm of the production and recording of conventional values in the era of industrialization. The production of value is no longer a producer’s unique property, and the generated importance is not circulated just in the conventional case in which it’s delivered uniquely from a producer to users via exchange or transaction. In a new system, brought by Block-tech, the value is made by the community and delivered via sharing. In addition, entire of these activities are recorded four within the community based on Block-tech.
STAYGE ONE equitably rewards fans for their value making activities by applying virtual money which fans can use to buy items such as goods, albums, and virtual contents given by artists. A very fair reward system motivates fans, and this solid encouragement leads to the peak level of contribution and the acquisition of new groups of fans.
This means STAYGE ONE feature of a self-motivated fan marketing system. Furthermore, STAYGE ONE introduces earlier unrealized, intangible importance into the system in the shape of digital money allowing a virtuous cycle in which together fandom’s value making activities are monetizable and consumable thins can be purchased, offering a new driver for the sustainable expansion of the section and the system.
Inter link of services through digital money the virtual economy links jointly various services in the system which has been fragmented until today. Even when fans make applying of diverse services in the system, entire of their activities are recorded in the Block-chain of STAYGE ONE, and fans are capable to buy contents or are rewarded by same virtual money.
Recorded info in the block and value of virtual money reserve will be an index for fan’s contributions to the achievement of their artists and their participation scan is known via these exact figures in the community. Artists had been not able to collect data about their fans in a fragmented environment. In contrast, STAYGE ONE lets artists to simply analyze data about their fans, such as identifying the value of their fandom and the loyal fans between them and to make utilize of these statistics for their own activities.
For more information about Stayge, kindly visit any of the below links:
Website: http://www.stayge.io/
Whitepaper: http://www.stayge.io/whitepaper/STAYGE_Whitepaper_en.pdf
Telegram: https://t.me/stg_en
Twitter: https://twitter.com/STAYGE_One
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