STAYGE ONE Network is an entertainment system powered by Block chain that tokenizes the influence of the fandom to use it on any application and commerce models. The fan community service makes and distributes the tokens based on the fans participation; moreover, the fans can invest the rewarded tokens on D Applications such as games, content services, e-commerce and many more.
STAYGE ONE Network
Artists’ success and popularity are made by their fans. At the similar time, fans wish entire their support to be recognized. Even though fan’s activities are not stored anywhere, the entertainment sector model also became the top risk-return framework, because artists are not capable to efficiently use the information of fan’s activates.
In order to solve those problems, we tokenize the fandom that’s real foundation of the entertainment sector and will make a sustainable platform where everybody, including motivated artists, fans and a number of stake holders in the entertainment sector, to develop an advantage more equitably.
Detailed About STAYGE ONE Financial System
• STG (STAYGE Coin) and ACT (activity token)
STAYGE ONE Network financial system is composed of 2 kinds of digital money, STG (STAYGE Coin) and ACT (activity token).
The major money of STAYGE ONE Network, STG has the part of connectivity with any other communities can contribute in the decision making of STAYGE ONE Network. The sponsoring of the plans, and is buying goods and pay artists guarantees, etc. with STG token.
They can buy STG token at several coin exchanges or get it as rewards for their participation. STG token will be released as a token and will be changed to a coin after launching of the main net.
ACT token is released by any community, and it’s a means of trade and rewards which are offered according to one’s participation. ACT token rewards can include decision making in the community, the buying of items or tickets and virtual data consumption, artists can also gain the ACT token via offering their items and virtually connects in fan communities.
ACT token that artists make can be changed to STG token based on the conversation level determined by the degree of community activation. ACT token is changed to previously issued STG token and thus doesn’t result in the new issuance of STG token. Therefore, the releasing of ACT token by community activities doesn’t mean the dilution of the STG token, but rather the boost in the worth of STG token.
Since the tempo at which ACT token converts to STG token is not determined by the bidding of STG token and ACT token, it’s not possible to get trading gains by worldwide adjusting supply and demand. This means that the society spots for artists based on ACT token can be a sturdy and sustainable community is for artists as well as fans. It is not possible to make short period revenue by securing the ACT token of the exact artist in STAYGE ONE Network.
The fans and artists can compose the independent system via any of communities ACT token. Making of decisions of respective communities is determined by the contribution of the participants to any community. In this sport, every community in STAYGE ONE Network is independent and completely decentralized. This means that artist’s contribution in STAYGE ONE Network can have the similar impact as making a block chain of D application of their own.
Rewards and Transaction
A token trade among consumers when an item is purchased or by contribution in a vote through STG token. When a token deal happens, community leaders contributing in this process are rewarded for their verification. Community leaders to contribute in verification are chosen based on their participation in the community. When a token transfer is done, STG is paid as a reward.
STG or STAYGE Coin
• Additional Issuance and Actual amount
Initially, ten billion STG tokens will be issued and allocated to the marketplace. When communities are made and ACT token is released via fans activities. Any further issuance is too decided after comparing the value of STG token and ACT token issuance.
When the estimated number the entire ACT tokens to STH tokens exceeds 2-thirds of the complete value of issued STG token, community leaders can vote on whether or not further STG should be released and if so, the exact further value. By keeping the value of STG token issuance over the value of ACT token issuance, we can make an environment where newly released ACT token is smoothly changed to STG token, thereby assuring the stability of STG token cost.
Basic information:
ICO detail:
• 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
WEBSITE: http://www.stayge.io/
WHITEPAPER: http://www.stayge.io/whitepaper/STAYGE_Whitepaper_en.pdf
TELEGRAM: https://t.me/stg_en
Bitcointalk username and ICONex wallet address - kosalawaka/ hx71d5dad33a461356d7ec3268590f3754cead5349
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