October 25, 2023

What is StarStake and why is it interesting and revolutionary for content creators, brands and fans?Discover how everone can benefit from using StarStake

StarStake is a platform that helps stars, creators and brands to build customers and (super)fans for life.

This is the shortest possible explanation, that says for whom it is and what the goal is. But it also almost says nothing, except that StarStake offers the HOW 😊 . I think and strongly believe that StarStake has the same potential as major brands as Apple, Google, Amazon and AliExpress. Read on to discover why!

Looking at the technology, the fact that everyone can use it (we’re all customers) and seeing it being developed from almost scratch, and with my marketing background, I can honestly say that this is by far the most complete, thought through and the latest technology as there is in the market to get companies and stars to connect with their customers and fans and really giving them the full insight on who the biggest fan really is, by having all data in one place. For marketeers this is almost heaven, haha. From sales funnel till connecting with fans personally, webpage, selling and even sending customers/fans a message. All other funnel platforms like Clickfunnels, Kajabi and Katra can be thrown away, if I understand the messages from the founders correctly.

StarStake is a fully integrated platform with countless options and features.

And for those who are into crypto, you will probably like this definition:

StarStake is the first NFT-based royalty marketplace that brings the world’s greatest creations together with fans and consumers to form even greater opportunities.

Misson StarStake

Starstake unlocks new commerce and engagement opportunities for creators and brands to build entire digital economies through the specialized functions of their NFTs. StarStake gives brands the freedom to design and showcase their NFTs with uncompromising utility and personalization.

The future economy isn’t about control, it’s about access!

WHY IS STARSTAKE NECCESSARY?

First, the wife of founder Chris Hawk, Sheng Belmonte is an artist and I think we all know how the music industry has been for musicians. Record Labels squeeze the artist out, leaving the creator with less than they deserve. Hell, even managers that represent the artist, are good in taking their ‘fair’ share. So all in all, the creataor is getting less and less. But once you signed a contract for an x number of years, and it’s almost impossible to escape that contract.

Second reason: In these times, Social Media is hot. And almost everyone is using it. And even though we are all fed up by the largest ones like Facebook, Instagram, YouTube and Twitter, we are almost all still using it, despite the upcoming alternatives. But stars and companies are well aware, they almost know NOTHING about their followers and fans. They may see a gender, a region and age range of their audience, but that is about it.  And as they mostly sell through (third party) stores, online and in real, they still get NO data about their customers. Because, if you buy the latest album of your favourite star, or you buy the latest gadget, the physical store still knows nothing about you, the online stores a little. But the star or the brand who created the product, still know nothing.

That is why marketing invented cash-back, to know who bought their product where. In return of sharing that information, the customers get money back or receive a voucher, or prolonged time of guarantee.

But since 2020 it’s become more and more obvious that the companies behind these biggest social media platforms, are very strict about the content that’s placed. Even if it is just an opinion, the account might get a penalty resulting in a couple of hours not being able to do anything on their account, or the account can even be removed completely. Leaving the creator with NOTHING again.
So the companies have all the power.

3rd Reason: If eg YouTube changes their algorithmics in where advertisements are shown, it can turn out into a complete disaster. Some vloggers lost all their income overnight, because of these changes. Some even had to get a job, in order to get by!  And since the vloggers don’t know anything about the people who watch their video’s, they really can’t get in touch with their audience, other then to place another video. But if their main source is advertisements, and no product to sell, then they are doomed! And again, the power lays outside the creator.

And Chris Hawk wants to change that. Give the power back to the creator. YES, there’s even a manager role possible, who can respresent multiple creators, but the creator him or her self, has to open the account. No one can do that for them. This is necessary, so whatever happens… they own their account.

I completely agree with Chris Hawk that the creators need to have control over what they do and who their buyers and fans are.

My view and why I see StarStake has a bright future

I personally specialised in the field of email marketing. And yes, I hear you think: That’s out… But in Europe it is most definitely not. And overall it is still the easiest and best method to get DIRECTLY in touch with your followers and customers. Let them know the latest news, sales etc. And in email marketing, it’s easy to track if and where someone clicked. And let’s say it’s a newsletter about vacation. And you are clicking on a destination, than that destination might be kept into the database as something that you’re interested in, and showing you more of. So the content of the newsletter becomes more relevant.

Even though a company can add their shop to their email marketing, purchases done outside that shop, are still unknown.

And you still have no idea if they follow you on Social Media or anywhere else.

I really can say that it’s impossible to get a 360 degree view from the customers. And, even though some people feel like big brother is watching you, combining all different databases to get that 360 degree view is almost impossible, I know from experience! It requires so much work, that no company will make those investments.

The best thing about email marketing though, is that the company is owning the email addresses and not a Mailchimp or MailerLite or so. A company can always switch software! So a creator will always be able to get in touch with their fans.

And this is why I am so incredibly excited about the launch of StarStake. Since, this really gives brands and creators the chance to get a whole lot closer to get to that 360 degree view on their customers and fans. Because they offer a lot of options (webpage, salesfunnel, shop, fan score, reward fans, automatic royalty administration, fees for management, creating their own crypto money through Bucks. And of course everything is monitored! So lots of overviews and ways to engage fans. 

StarStake is a web 3.0 state of the art platform that offers stars and brands to connect with their customers and turn them into superfans. And the creators will know who their customers and fans are, because of their actions within StarStake.

Of course, this takes some getting used to. And switching activities over to a different platform always requires more than just opening an account. But over time, and I think this period will be shorter than what we’re used to before adapting to something new, both creators/brands and fans will see how it works, what the benefits are and will apply it into their strategy. I have no doubt!

Who are those STARS and BRANDS StarStake talks about?

 

StarStake is really for all creators.
But to give you an idea, here are some stars that will be happy to use StarStake:

  • Video Creators
  • Podcasters
  • Musicians
  • Visual Artists
  • Writers
  • Gamers
  • Educators
  • Experts
  • Inventors
  • Influencers
  • Athletes
  • Technologists
  • Models
  • Photographers
  • Speakers
  • Developers
  • Marketers
  • Designers

How to start for CREATORS and BRANDS

Even if you have 0 experience with crypto, it will be easy to open up a wallet. From what I heard from Chris, StarStake will open their own wallet. It won’t be until after the launch to guide you through that process.

The benefits of crypto and having a wallet is, is that it is anonymous!! 

Because of using a (crypto) wallet, StarStake is also a decentralised platform and is creating it’s own decentralised financial economy system. Another huge benefit of using StarStake. No more use of Paypall, Stripe or other payment systems, that hold the money first for you, and sometimes not even transfer everything.

As soon as payments are done, the money is instantly in your wallet. Fees are already deducted, so what you receive, is yours! And as a creator you can even add a manager to your account and put the settings with the % of fee that he is receiving for what he does. And you can even reward fans for their actions that help you promote and sell.

How to start for FANS

As far as I heard Chris explain in recent video’s, fans do not need a crypto wallet to get started. However, on the website today, before the official launch, these steps are communicated:

We will be sure after the launch, and I will adjust this blog accordingly.

Ovrerview of all benefits

Voor Creators en Merken:

✔ All-in-one platform
✔ For products (digital and physical) and services
✔ No other webshops needed, you can sell everything yourself
✔ Decentralised financial system (seperate economy)
✔ (Royalty) Administration fully covered
✔ Management option, for those who want to hire someone to handle StarStake and their business
✔ Multiple ways to interect with your (potential) clients and fans
✔ Loyalty and Rewardingsystem
✔ Dashboard full of overviews and insights
✔ Personalising your webpagedesign is integrated
✔ No financial transfer of data to third party’s
✔ By designing your own money with NFTBucks, that fans can buy and pay with, you also earn.
✔ No record label or management needed, for those who like to keep things in their own hand
✔ All power and control goes back to the Creator, Star and fan

For Fans:

✔ From every Star, Creator or Brand you follow, you will see it’s news messages. No algorithms that withold news from you
✔ Buy products (digital/physical) and services directly from your Star, Creator and Brand and let them benefit, instead of third party shops
✔ Receive exclusive access to experiences, perks, products and more
✔ You can be rewarded by sharing e.g. the latest song or message
✔ Rewards will be given directly into your account
✔ Personal contact with your favourite Star, Creator and Brank
✔ Insight in your fanscore ranking and ways to influence your ranking to Super Fan!
✔ With event ticket sales, no longer companies can buy large amounts of tickets!
✔ With NFTBucks you can do payments within StarStake, and if you get this ‘money’ from your favorite Star, Creator or Brand, you support them extra
✔ By using StarStake and follow and buy directly from your favorite Star, Creator or Brand, you let them earn more, instead of sponsoring third parties

I hope that after reading this, you will see the value of StarStake:

> That it allows you, as Star, Creator and Brand, to really interact with your customers and fans, regardless of algorithms. And that all the data is yours again.

> That it gives you as a Fan the opportunity to directly be in touch with your Star, Creator and Brand, to show that them that you truly are big fan (and not just saying so) and that let them benefit much more by buying directly from them and not giving the margin to the middleman.

It is May,2024 in the meantime and you can now create your free account on StarStake and start exploring!
www.starstake.com

:Hilleen;

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