Understanding the very nature of the social fan interaction and reasons behind the establishing of fan communities is an important issue for artists and marketers. Furthermore, the positive impact of fan communities can be strengthened by consumer's participation in loyalty programs. Stayge platform will take advantage of fans' collective feelings in art fan communities. Constant fans' involvement will therefore allow to capitalize on enthusiasm and turn it into a strong marketing tool.
Stayge platform architecture
Fan community is a specific form of brand representation. This contention was a starting point for building the platform. While business environment is already familiar with fan-contribution-models, Stagy tries to grow out of the concept while addressing the needs of larger fan communities. In this light, Stagy will work around the concept of consumer-and-brand community connectivity. Once registered on the platform, fans can engage in tasks that benefit their favourite brands or performers.
Stagy's designed can be described as a modular layered architecture. Stagy platform will be built upon four main layers. Operational data flow will be conducted on the core layer, which will operate various data formats and use multiple hash algorithms. To that end, a delegated Proof-of-Contribution consensus will be applied, which is a modification of the DPOS. All storage repositories will belong to the storage layer, whereas content and information modules will record and distribute items between at least two repositories. While these main components are located at the bottom of the product hierarchy, additional two layers will complete the infrastructure with service-related components.
Stayge network
Interactions on the platform will take place in various forms, such as artist-to-fan transactions and fan-to-fan transactions. In this context, ACT tokens represent a driving force for interactions of all kinds. Artists can upload their files to the platform and receive rewards for digital contents. Fans, in turn, can trade artist-related content. Active participation implies engagement and collaboration of token holders in following activities: elaborating a fan community design, voting for artist-related content, promotion strategies, fan meetings, etc.
It has been planned, that artists will determine the price for the content and goods they submit. Alongside buying tickets for events and concerts, consumers can create and manage their fan communities.
Token Sale Plan
Private and public sale dates will announced on the official web-site of the project.
The increasing embedding of digital capabilities into physical goods including pieces of art has inevitably let to enhanced functionality and even creating novel products. The design of decentralized systems for supporting the distribution of digital goods is currently an active area of elaboration. It seams, that music industry has attracted enormous attention of blockchain community and developers. At the same time, the absolute majority of such projects focus on the same conceptual basis and works on the same functionality. While Stayge had tried to reconnect from the widespread trend while organizing its platform around a so-called fandom concept, stakeholders, in fact, can not count on absolute exclusivity of what is being offered on the platform. To conclude, we would recommend the team to add new project's highlights and competition analysis to show a more strategic approach before launching the ICO.
Links:
Website: http://www.stayge.io
WhitePaper: https://bit.ly/2zT7qOR
Telegram: https://t.me/stg_en
Facebook: http://www.facebook.com/STAYGE.One
Twitter: http://twitter.com/STAYGE_One
Medium: https://medium.com/@stayge
ANN: https://bitcointalk.org/index.php?topic=5025576
Author: https://bitcointalk.org/index.php?action=profile;u=980049
Disclaimer
This review by Bonanza Kreep is all opinion and analysis, not investment advice.
Icon wallet: hxcc07dd70afa5e7a63574032923d19e88d3cf1d5e