Stage (STAGE)

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Stage (STAGE) is a SocialFi platform where artists monetize their work and fans engage through blockchain-based music competitions.

Stage (STAGE) is a gamified SocialFi platform that redefines interactions between fans and artists by merging Idol-style music competitions, prediction markets, and blockchain-powered ownership into a sleek, gamified user experience.

 

What Is Stage (STAGE)?

Launched in 2024, Stage operates on the BNB Chain as a decentralized platform where artists upload video performances to compete in round-based competitions. Fans pay to vote for their favorite artists, earning unique digital collectibles called Stage Badges, which come with exclusive prizes. Artists receive 60% of the proceeds from votes cast in their favor, creating a mutually beneficial ecosystem that empowers artists to monetize their work and rewards fans for their support.

 

An Overview of the Stage Ecosystem

Stage addresses key challenges in the music industry by leveraging Web3 technology:

 

  • Artist Competitions: Artists participate in video-based competitions, engaging audiences directly and building fan bases through interactive content.

  • Fan Engagement and Rewards: Fans influence artists' success by voting, earning Stage Badges that provide access to exclusive content, merchandise, and behind-the-scenes experiences.

  • Monetization for Artists: Artists retain a significant portion of revenue generated from fan votes, ensuring fair compensation and fostering creative independence.

Who Is Stage SocialFi Platform for? 

  • Empowering Emerging Artists: Provides a platform for new talent to showcase their work, engage with fans, and monetize their art without traditional industry barriers.

  • Fan Participation: Enables fans to play an active role in artists' journeys, offering tangible rewards and a sense of ownership in the success of their favorite performers.

  • AI Music Competitions: Introduces AI music competitions and on-chain tools, allowing anyone to tokenize music samples, melodies, beats, and vocals, pioneering a new era of interactive and investment-driven music engagement.

Stage’s Core Features

  • Stage Badges: Unique digital collectibles awarded to fans who vote for artists, offering exclusive prizes such as behind-the-scenes content, merchandise, and access to artist communities.

  • Prediction Platform (Upcoming): Allows fans to forecast outcomes using real-time data, such as Spotify rankings and head-to-head artist competitions, competing for a share of the $STAGE prize pool.

  • Decentralized Ownership: Utilizes blockchain technology to ensure transparent and fair distribution of rewards, with all transactions recorded on the BSC.

STAGE Token Use Cases and Tokenomics

$STAGE Token Utility

  • Voting Mechanism: Fans use $STAGE tokens to vote for their favorite artists, directly influencing competition outcomes and earning Stage Badges.

  • Access to Exclusive Content: Holders can unlock special content, merchandise, and experiences offered by artists.

  • Prediction Participation (Upcoming): Fans can use $STAGE tokens to participate in the prediction platform, forecasting music industry outcomes for rewards.

STAGE Total Supply and Token Allocation

 

The total supply of 10,000,000,000 $STAGE tokens is distributed as follows:

 

  • Seed Round: 15%

  • Private Sale: 8%

  • KOLs (Key Opinion Leaders): 4.8%

  • Public Sale: 4.8%

  • Airdrops: 2%

  • Liquidity: 20%

  • Ecosystem: 13%

  • Treasury: 20%

  • Team: 12.4%

Vesting Schedule

STAGE token release schedule | Source: ChainGPT Pad

 

The vesting schedule ensures $STAGE tokens are strategically unlocked over time to maintain market stability and incentivize long-term contributions.

 

  • Seed Round: 6-month cliff, followed by 15 months vesting.

  • Private Sale: 5% at Token Generation Event (TGE), 3-month cliff, then 12 months vesting.

  • Public Sale: 15% at TGE, 6-month vesting.

  • Team: 12-month cliff, then 24 months vesting.

  • Airdrops: 24 months vesting.

  • Liquidity: 20% at TGE, then 10 months vesting.

  • Treasury: 12-month cliff, then 48 months vesting.

  • Ecosystem: 8-month cliff, then 48 months vesting.

Stage’s Roadmap and Key Metrics (as of December 2024)

Key Metrics for Stage (STAGE)

  • User Base: Stage has attracted a rapidly expanding community of artists and fans, fostering dynamic interactions and participation on the platform.

  • Community Engagement: The platform boasts active participation from users, with increasing numbers of votes, interactions, and content uploads, indicating a vibrant and growing community.

  • Backers and Investors: Stage is supported by prominent entities in the crypto industry, including the Solana Foundation and key industry figures such as the CEO of Kraken US. Additional support comes from RR2 Capital, Moonrock Ventures, and Cogitent.

Stage’s Roadmap

 

  • Q1 2024: Platform Launch

    • Official launch of the Stage platform on the BNB Chain.

    • Onboarding of initial artists and early adopters.

  • Q2 2024: Community Building and Initial Competitions

    • Initiation of the first round of artist competitions.

    • Implementation of fan voting mechanisms using $STAGE tokens.

    • Distribution of Stage Badges to participating fans.

  • Q3 2024: Introduction of AI Music Competitions

    • Launch of AI-driven music competitions, allowing tokenization of music samples, melodies, beats, and vocals.

    • Integration of on-chain tools to facilitate AI music creation.

  • Q4 2024: Development of Prediction Platform

    • Commencement of development for the prediction platform, enabling fans to forecast music industry outcomes.

    • Integration of real-time data sources for accurate predictions.

  • Q1 2025: Expansion of Artist Competitions

    • Broadening the range and reach of competitions to include more artists and diverse music genres.

    • Enhancement of user experience with new features and interactive elements.

  • Q2 2025: Launch of Prediction Platform

    • Official launch of the prediction platform, allowing fans to participate in forecasting music industry trends.

    • Introduction of rewards for accurate predictions, enhancing user engagement.

  • Q3 2025: Integration of AI Music Tools

    • Deployment of AI music tools for artists, enabling innovative music creation and collaboration.

    • Offering educational resources to assist artists in utilizing AI tools effectively.

  • Q4 2025: Strategic Partnerships and Ecosystem Growth

    • Establishment of partnerships with music industry stakeholders to expand the platform's reach.

    • Continuous improvement of platform features based on user feedback and technological advancements.

This roadmap reflects Stage's commitment to revolutionizing the music industry by leveraging blockchain technology and AI, fostering a decentralized and engaging platform for artists and fans alike.

 

Conclusion 

Stage (STAGE) is poised to revolutionize the music industry by seamlessly integrating blockchain technology, gamified social interactions, and AI-driven music competitions. By empowering artists to monetize their work directly and offering fans an interactive platform to engage and invest in their favorite talents, Stage fosters a decentralized and inclusive music ecosystem. With a clear roadmap and a rapidly growing community, Stage is set to redefine artist-fan relationships and drive innovation in the music industry.

 

As Stage continues to develop and implement its strategic initiatives, it holds the potential to become a significant player in the evolving landscape of decentralized entertainment platforms.

 

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Further Reading 

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