You must be 18 years or older to be able to use and trade on the VirtualStaX App due to the contractual obligations pertaining to both the user and VirtualStaX. You can complete a special request form if you are a minor between ages of 13 and 18, click here to access the form.
StaX offers Fans a powerful new way to connect with their favorite people through utility offered , access premium content and a way to participate in the journey to success of their favorite people through trading and collecting StaX.
The price of someones StaX are driven by demand. The higher the demand, the higher potential the persons StaX price has to increase.
StaX auctions are the first opportunity available to acquire a new issuer’s StaX. When issuers join TheXchange, 50,000 of their StaX are auctioned over a 10-day period. For a complete explanation of the StaX auction process click here.
The StaX price is determined after the 10 day auction where fans bid on an issuers 50K StaX. The total amount of money bid over the 10 days divided by the 50K circulating supply of the issuers StaX is what determines the initial price that an issuers StaX will start trading for on the secondary market.
VirtualStaX (StaX) are blockchain verified Digital Trading Cards in talented people that Fans can buy, sell, trade and collect through StaX.App
There are two types of StaX: BaseStaX - and CollectorStaX. BaseStaX are fungible tokens and CollectorStaX are NFT's.
StaX.app is the “gateway” to TheXchange on which VirtualStaX are bought, sold, traded and collected. StaX.app is a Progressive Web App that can be accessed worldwide by any person with Internet.
All StaX trading - including auctions - happens exclusively on TheXchange through StaX.app.
If you wish to become an Issuer, you can access the Issuer Dashboard in one of two ways: Tap on the register as an issuer option available in the menu of the StaX App to access the application process. Alternatively, click on the "Issue StaX" buttons visible on the VirtualStaX website that will direct you to the Issuer Onboarding Dashboard where you can complete the registration process.
Ownership is absolute and verifiable as each StaX transaction is processed by TheXchange engine and is recorded on a blockchain.
An Issuer is a talented person who wants to monetize his/her dreams and aspirations by issuing and trading digital blockchain certificates - called StaX - on the VirtualStaX platform.
BaseStaX classify as fungible tokens while CollectorStaX will classify as NFT’s when it is launched at a later stage.
The Xchange™ is the engineering structure behind the global talent exchange called VirtualStaX. Sub-Xchanges are all the fields of passion or talent represented on VirtualStaX. There are three active Sub-Xchanges; SportStaX, InfluencerStaX and MusicianStaX. Future Sub-Xchanges are: EsportStaX, ArtistStaX, BusinessStaX and ActorStaX.
VirtualStaX is the business model behind TurnCoin. TurnCoin holders get a monthly yield generated from the 10% of every VirtualStaX sale.