TokenStars: First Transparent Platform Crowdsale for Celebrity
Have ever involved in any crowd funding activity? Or do you know that many businesses are funded with the collected capital from investors’ money? If you also ever invested your money in such a program or company offer, the concept of crowd funding is not a new matter to you. Crowd funding or fundraising has been a common method people use to finance an event. It is an alternative funding resource when they can’t cover the expenses with their own money. Besides for holding events, fundraising is also done for charity. People collect their money to help others who need. Take for example victims of natural disaster.
The concept of crowd funding has been implemented in business as well. It is used to provide financial support with a project. People with brilliant ideas but lack of venture capital can search for the resource by submitting the proposal to anyone who is willing to invest their money. Of course, investors will also get a share of business profits according to their capital presentations.But conventional crowd funding is still too risky. This is considering how trusted the management is. There are many investors who should be disappointed with the company non-transparency so that financial losses can’t be avoided. Therefore, people always look for the more trusted concept of investment. Thank the invention of blockchain concept. It is implementable to various businesses including crowd funding. With the peer-to-peer cryptocurrency system, anyone can get involved. They are able to invest with small money. If many people join the crowd funding, the financial targets can be reached. TokenStars also use blockchain as the basis of their celebrity management platform. They launch TEAM, a token-based project to support young talents and experienced professionals, as well as connect those stars with fans and advertisers. The blockchain is chosen because it offers transparent, scalable and verifiable system. All participants of the platform, especially fans, are granted with easy-to-use tools to audit the ledger of distributed blockchain themselves. Surely, it is aimed to prove the transparency of interaction and to avoid conflicts among of them.
TokenStars deliver the company big plan into 12 integrated modules. To make it simple, they divide them into 4 layers based on the functionality, i.e.:
•Crowdfunding layer
It enables potential talents and stars, combined in groups or individual globally known, to get funds. They can use the money to develop their career. The fans, on the other hand, also have the chance to get involved in this to support their stars. •Infrastructure Layer
It allows everyone taking a part of infrastructure activities. Fans can be scouts and submit the application of potential rising stars they find. This submission will be grated with TEAM tokens. Of course, there will be analyzing and voting process to evaluate if the submitted candidate is granted. Betting on the result of various events are also allowed for every token holder.
•Fans Community layer
Fans club or community is a popular way where both celebrities and fans make interaction each other. There can be many activities to do, such as offering tasks to fans and giving them the special reward for the accomplishment. Fans may also receive various offers like live meetings, training and match tickets.
•Brand advertising layer
It provides a bridge to connect celebrities and advertisers for more trusted contracts. Fans who become promoters can also take a chance by referring establish and promising talents to local and global brands as advertising opportunities. So, do you find prospective talents around? Are they in difficult for not being able to develop their skills because of money? Well, you can help them through TokenStars platform. It is time to register yourself and work together with other participants to save the future of rising stars. Importantly, you will get the potential reward for your ever participation.
More Informations :Ann Thread : https://bitcointalk.org/index.php?topic=2043613.0
Website : https://tokenstars.com
Whitepaper : https://tokenstars.com/upload/files/team_whitepaper.pdf
For future viewers: price of bitcoin at the moment of posting is 9068.00USD