Topic: outdated (Read 215 times)

Good questions, there are answers.
Of course, at first, each new (especially so pattern breaking) project causes distrust. This is normal. There must always be someone first to participate. Apparently, these will be people who are looking for a new and are not afraid to take risks. When more participants appear in the system, it will cause more trust and acceptance. Now your first question, about the real cost. This question is one of the most frequently asked questions. In financial terms "celebrity stocks" are more similar to CFD (Contract for difference) for celebrity popularity and support of the system. There are many types of CFDs, futures and other financial derivatives, buying which you do not buy any asset, but only play on the price difference. To be honest, a huge part of the derivatives market is just that. You will be surprised, but most of the investments are made to take profit from the difference in price. Bought cheaper, sold more expensive. In Starmid system, fans do not just donate money, but also buy a kind of asset that can grow in value. Of course, if the system becomes popular, I wrote about this in the beginning. In our opinion, there are psychological limitations for celebrities in systems like Patreon: this is perceived by many as begging. And still, many celebrities collect large funds only on donat. I will be glad to continue the constructive discussion with you! Also, you can read our FAQ, there are answers to your and other questions.

So.
Many.
Questions.

First of all: Are you serious? Autograph cards or signed shirts at least have some form of value but you're expecting people to just buy "stocks" of a "celebrity"? In exchange for what??? The potential to get some bucks while other people get ripped off?

You see nothing wrong with that?
Why would any sane person with a following scam their fanbase like that? If they need money, they can use patreon or whatever but why would they willingly rip-off their fans knowing that this only leads to fans losing money in the end and thus creating a backlash that only damages their reputation in the long run. Bitconnect anyone?

Many celebrities continue to be popular for decades, if you are interested to invest in your talent earlier, then you can gain profit later. Starmid comes up with brand new, unique, simple and effective way to express their popularity and social capital.  Starmid system will control not by the person's popularity, but seeing their interest and support of the starmid system are easily measured. Starmid system is executed as an analog to the stock exchange. Therefore, all the celebrities act as a group in a common exchange. However, influencer adds some URL to their account in social media; some issues his stocks that become his property and works as a balance for his e-wallet.
BY using the media all the influencer attracts their fans in buying stocks. Therefore, fans are ready to buy the influence stocks and get a chance to earn as their price increase.  As a result, if the influencer becomes popular and attracts fans successfully to the system, then his stocks rates are increased then all the parties lead to gain the profit. Starmid system is applied on a blockchain platform based on the Ethereum.  Therefore all the characteristics and system information are available in the blockchain, which acts as a feature of the smart contracts. Therefore, the system is safe, clean and all the rules by them remain constant.

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