VirtualStaX are Digital Certificates that empower talented people to monetize their dreams, simultaneously giving their fans a way to share in their journey and success.
The VirtualStaX App allows fans and supporters to back talent. This allows talented individuals, the issuers of StaX, to raise funding from their fans by offering them the opportunity to acquire unique digital collectibles and provide them with proximity to the talented person’s journey.
SportStaX, EsportStaX, MusicianStaX, ArtistStaX, BusinessStaX, ActorStaX, InfluencerStaX and CelebrityStaX are some of the categories with more expected in the future.
VirtualStaX are fungible tokens not NFT’s. Issuers (talented person) will have the ability to launch their own NFT collections on the platform.
On the VirtualStaX App, you can issue, buy, sell, collect and trade StaX.
The issuer (talented person) collects 90% of the total revenue of the initial sale of their StaX.
VirtualStaX is the business model behind TurnCoin. TurnCoin holders get a monthly yield generated from the 10% of every VirtualStaX sale.
Proof of ownership is absolute and verifiable as each StaX transaction is processed by the exchange engine and is recorded on a blockchain.
The initial auction feature on the app establishes a consensus of fair market value for a new issuer’s (talented person’s) StaX.