TEAM by TokenStars

TokenStars is the first celebrity management platform on blockchain. We build the ecosystem that will provide celebrities, fans and advertisers with advanced tools and incentives for deeper interaction and engagement. TEAM by Token Stars connects rising talents and successful PROs in sports and entertainment with fans and advertisers.

The platform consists of 12 integrated modules that allow participants to connect in a new way. Designed as a toolkit, the platform allows combining different modules to achieve the required features and capabilities.

Based on their functionality, the modules are part of 4 different layers:

1. Crowd funding layer, enabling promising talents and celebrities to raise funds.

2. Infrastructure layer, providing functional tools (like voting and scouting) for key platform activities.

3. Fans Community layer, allowing the celebrities to grow their social capital by expanding their loyal fan bases and offering the fans the desired involvement by communicating and participating activities with their favorite stars.

4. Advertising layer, delivering smart & transparent data and engaged audience to brands for more efficient advertising campaigns (by enabling advertising smart contracts and exclusive merchandise sales).

How TokenStars Works?

Fans support future stars by buying tokens. A rising star receives money to train and improve the skills. When successful, the star pays the platform commission from the sponsorship deals and price money. The commission is paid in tokens, which are bought on the market. During the growth period, which is four years in tennis and zero in poker, the fans can redeem tokens for various services provided by the rising stars.

For example, when the fans support 14-year old ‘Maria Sharapova’ and she wins Wimbledon at 17, the platform receives 30% of commission paid in tokens.

Tokenizing Income

In the second stage of tokenizing time, the TokenStars platform will help you as a star to tokenize your income. As a rising star, you might sign a binding agreement, which grants a certain percentage of future personal incomes in exchange for upfront payment. This will give your token some level of security.

Therefore, before launching this module, the platform will have to implement a proper registration and legal framework. For instance, a penniless Hollywood star can tokenize 20 percent of his or her future income in exchange for fans’ support today. If he or she makes a hit movie in future, he or she will pay out 20 percent of his income in tokens.

TEAM token

TEAM tokens (Ethereum ERC20 standard compatible utility tokens) are created to facilitate the engagement between different participants on the platform. TEAM tokens will serve as:

1. Form of access to TokenStars platform features, that verifies the token holder’s rights to participate in the activities, conducted within the ecosystem.

2. Internal currency — tokens will be used as a form of settlement in the transactions conducted within the platform. This will also allow us to avoid usual difficulties with fiat currencies such as low speed and trans-border payments related regulations.

There are 3 ways, how platform participants may acquire TEAM tokens:

1. Join the crowdsale (total supply will be limited by the number of tokens, created at the crowdsale).

2. Buy tokens in the crypto exchanges.

3. Earn tokens within the platform for committing actions and accomplishing the tasks.

Platform Architecture

TokenStars platform is built of 12 integrated modules that allow us to implement all activities of the project. The modules are divided into four distinct layers:

1. Crowdfunding layer;

2. Infrastructure layer;

3. Fans Community layer;

4. Brands and Advertising layer.

TokenStars platform is designed as a toolkit, allowing to combine different modules to achieve the required capabilities and to encourage the interaction between the celebrities, fans (as well as regular token holders), advertisers, professional talent scouts and promoters.

TEAM Token Sale Terms

WEBSITE | TWITTER | FACEBOOK | TELEGRAM | WHITEPAPER | ANN THREAD

Author details

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