#STAYGE
INCENTIVIZING FANDOM: STAYGE HELPS ARTISTS BY REWARDING FANS FOR THEIR PASSION
When Michael Baeg co-founded STAYGE in 2016, he wasn’t trying to strike it rich. All he was trying to do is improve the lot of artists like his younger brother and fellow STAYGE co-founder, the rapper and producer NASSUN.
“When he started his music career, the situation of early stage artists was that they never got paid, never made money,” he says. “So I was worried about his future. I realized it was not his problem. It was the problem of the industry. So I started thinking about how technology or the Internet could make a better environment for artists and the entertainment industry.”
And that’s what STAYGE sets out to do. By incentivizing fan activity, by transforming fandom from intangible infrastructure into tangible value, the blockchain platform aims to help all the stakeholders in the entertainment industry, including artists, service providers and – perhaps most importantly – the fans themselves.
“In the existing ecosystem, fans are forced to be just consumers,” says Baeg. “We thought if we could reward them for their contributions, they would be more motivated, and this could be very helpful to artists and other service providers.”
full article: https://theicon.ist/2018/09/16/incentivizing-fandom-stayge-helps-artists-by-rewarding-fans-for-their-passion/
#STAYGE #fan #Fan #artist #love #kpop #global #fancommunity
INCENTIVIZING FANDOM: STAYGE HELPS ARTISTS BY REWARDING FANS FOR THEIR PASSION
When Michael Baeg co-founded STAYGE in 2016, he wasn’t trying to strike it rich. All he was trying to do is improve the lot of artists like his younger brother and fellow STAYGE co-founder, the rapper and producer NASSUN.
“When he started his music career, the situation of early stage artists was that they never got paid, never made money,” he says. “So I was worried about his future. I realized it was not his problem. It was the problem of the industry. So I started thinking about how technology or the Internet could make a better environment for artists and the entertainment industry.”
And that’s what STAYGE sets out to do. By incentivizing fan activity, by transforming fandom from intangible infrastructure into tangible value, the blockchain platform aims to help all the stakeholders in the entertainment industry, including artists, service providers and – perhaps most importantly – the fans themselves.
“In the existing ecosystem, fans are forced to be just consumers,” says Baeg. “We thought if we could reward them for their contributions, they would be more motivated, and this could be very helpful to artists and other service providers.”
full article: https://theicon.ist/2018/09/16/incentivizing-fandom-stayge-helps-artists-by-rewarding-fans-for-their-passion/
#STAYGE #fan #Fan #artist #love #kpop #global #fancommunity