Stasia is providing a better way to support your favorite idols
As Korean global cryptocurrency exchange ProBit Exchange prepares to launch the STASIA IEO on March 7th, here’s a closer look into the Stasia project.
While the pop music market is gaining increasing momentum, the recent success of K-pop idol groups proves that entertainers from the Asia Pacific have unprecedented chances for success and growth potential on a global scale.
Around 200 new idol groups are formed every year, but only a few will make the leap to legitimate stardom.
Small domestic market should be mentioned as one of the most common barriers for new rising Asian stars on their path to fame. In many cases, it is not easy to reach out to foreign fans, establish and maintain a community, not to mention encouraging them to support their favorite idol group.
This also leads to a lack of knowledge about a particular fanbase, and when such vital information is inaccessible, carrying out costly events can become quite challenging. Moreover, unstable funding is one of the key issues that make it difficult for newly formed idol groups from small entertainment companies to increase their popularity. Millions of dollars are spent in order to prepare future stars and support them after their debut and while the Asian pop market is mostly monopolized by major entertainment companies, it seems almost impossible to find stable and reliable sponsorships.
“Crypto-Fandom” as a solution to the problems of the entertainment industry
Stasia is a platform designed to help young and promising entertainers continue their activities by receiving a stable and proactive fanbase, which will be able to provide support and sponsorship through various channels on the platform. Stasia’s project was created for both fans and Asian entertainers to build a strong, long-lasting, and mutually beneficial relationship based on the so-called “Crypto-Fandom”.
By addressing the difficulties of a united fan-base, Stasia will become a single community platform, where fans from all over the world will be able to support their favorite entertainers. To expand the fan base for the artists, Stasia will provide unique materials such as an Idol Token Whitepaper to provide information on promising entertainers to the fans. They also plan to embed a customized recommendation system based on the fans’ preferences.
With the Stasia platform, entertainers will be able to encourage the loyalty of their fans by trading an exclusive content, merchandise, etc., for special Idol Tokens and therefore secure and stabilize the funding from their fanbase for their future activities.
Not only that, but when releasing new content, entertainers can ask fans to partake in promotional activities such as sharing, liking posts, and spreading awareness on social media channels to maximize exposure while rewarding fans for their support in an equal manner.
The Stasia project will also provide entertainers with the ability to acquire information about their fan bases. With the Fan Rank TM system, they can measure the contributions of individual fans and perform an analysis according to demographic information to measure their loyalty and strengthen fandom in connection with fan-based marketing.
Exclusive goods for STASIA coins
The fans that own STASIA coins will not only gain access to premium concert tickets, private party invitations, limited edition merchandises, and many other exclusive goods, they will also be allowed to participate in auctions of their favorite stars’ possessions, experiences with idol members such as selfie opportunities, and many other events.
Moreover, fans can freely decide on whether they want to support specific idols or discontinue supportive activities. The tokens obtained through sponsorship activities in the ecosystem can easily be traded with other fans as well. Fans can also exchange STASIA coins with other cryptocurrencies, such as Bitcoin.
The Stasia platform will support the function of its token exchange where STASIA coin and idol tokens can be exchanged. Fans and token holders can exchange idol group tokens with those of other idol groups or STASIA coins.
The Stasia project is poised to change the entertainment industry in Asia and with the support of the users it has the potential to change the global entertainment industry as well. Do not miss your chance to join the IEO on ProBit Exchange when it goes live on March 7.
