STAYGE - The Blockchain Entertainment Solution!

Entertainment is a form of activity that holds the attention and interest of an audience, or gives pleasure and delight. It is a unifying force in a world where diversity has continued to prevail. Most commonly, an idea or a task, but is more likely to be one of the activities or events that have developed over thousands of years specifically for the purpose of keeping an audience's attention through Music, folklores, drama and so on. Today, the entertainment industry has been truly revolutionized with the inception of digital media.

The PROBLEM
According to Statista, on a global scale, the entertainment and media market was worth 1.72 trillion U.S. dollars in 2015 and is set to rise to 2.14 trillion by 2020. This goes a long way to show how profitable the entertainment industry really is. But there are myriads of problem associated with this. The industry is heavily centralized and being run mostly by 3 big names – Sony, Warner and Universal. Further studies by MusicBusiness worldwide sternly put it as thus – “As we’ve written before, that means the market share race between Sony, Universal and Warner is, these days, less a case of ‘who’s winning?’ – and more of a case of ‘who’s winning hardest?’”

The STAYGE Solution
STAYGE is an innovative blockchain platform specially designed and developed for the entertainment industry. STAYGE uses an incentivized model to rewards fans for their contribution and support with the STG token. What this means is as a music fan, you get rewards for sharing an artiste album, streaming a song, or contributing to the awareness of a music campaign. These token rewards can be used to purchase more albums, ticket for shows, and so on. In return, the artistes and the service providers through the help of motivated fans, and dedicated music community, develop their business further. With a platform like STAYGE, the entertainment industry will not only get a rapid turnover in revenue, but this revenue can also be enjoyed by the millions of dedicated fans all over the world.

How the STAYGE GOAL will be achieved
The STAYGE Network is a unifying platform for all stakeholders in the entertainment industry ranging from fans, artistes, producers, and service providers. It intends to achieve goals in 3 stratas outlined below:

• FANS: Fans activities are recorded on the blockchain, and for their contributions to the community, they are rewarded with ACT. This entitles the fan as a royal fan and he/she can use the ACT token to continue their fan activities.
  

• ARTISTS: Artists can create communities in the STAYGE network instead of paying huge advertising cost for campaigns, and since STAYGE encourage fans by providing rewards for their contributions, the artists and the management companies can easily utilize and take advantage of sustainable and scalable global fan marketing tools by engaging with the community and interacting with them.
  

• SERVICE PROVIDERS: Existing entertainment businesses can leverage on the fans community at a reasonable cost. Service providers can transparently and safely conduct transactions between the artist and the management companies with STG and the Smart contract functions. They also can be protected from the frauds and the risk from the breach of contracts.
  

WANT TO KNOW SOMETHING INTERESTING?
STAYGE Team already has a service that manages artists’ official homepages and fan communities long before the inception of the blockchain technology. This goes a long way to show the team’s dedication and expertise for the STYAGE blockchain project. Personally, I think STAYGE is like the marriage between social communities like Facebook, Twitter, Reddit and music communities such as spotify, apple music, and the Billboard. STAYGE is the next big thing closest to entertainment on the blockchain!!

CONCLUSION
The potential and futuristic promises that blockchain technology holds is limitless and is truly geared towards revolutionizing our everyday lives. You can be a part of it as well once you place your trust in STAYGE, which has left no stone unturned in introducing this technology primarily to entertainment consumers and magnifying their entire potentials. STAYGE continues to boast building strong, stable and healthy entertainment communities thanks to the incredible skills of veterans and skilled financial experts in the STAYGE TEAM.

Want more information, visit the project’s website on – https:// http://stayge.io/

AUTHOR’S DETAILS
Bitcointalk profile –https://bitcointalk.org/index.php?action=profile;u=2405054
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