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Author Topic: [ANN] NEW: Stars Group - Financial Infrastructure of Professional Football  (Read 1772 times)
StarsGroup
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January 05, 2018, 07:40:36 PM
 #61

This project looks interesting and I like that it’s focused on football, but why do you think that this will be successful? How are you different than other ICOs in the space?

Hi GoBelle, thats a great question! We're different than other ICO's in the space because we are the first of our kind in the sports world. To date, there has not been another ICO that aims to create a financial infrastructure for a sports platform and ultimately for an entire sports industry. We believe we'll be successful because of this point exactly. In addition, the problem(s) we're trying to solve using blockchain and our platform will help both clubs, players, and fans!

How do people from within the industry benefit by using Stars Group compared to the way they're handling it now?

Right now, in the industry, clubs receive sponsorship, broadcasting, merchandise sales, tickets sales, and transfer fee revenue in different currencies, and at each exchange/transaction point, the club loses money in transaction fees.

As we increase consumer interaction with the Stars Group Platform, we intend to utilize the platform internally for intergroup player transfers and international transactions. This would benefit clubs  and owners because it would automate the process, and ensure that the transfer is made on time, for the agreed to amount with a single currency, eliminating the currency exchange.



That actually does sound really useful for people in the industry. What kind of fees would they have to pay to use your platform instead?

There is a small transaction fee when you make purchases on the platform using STARS tokens. The transaction fee for credit card transaction compared to ETH/STARS is up to 5% larger when including FX exchange and 3rd party processing fees.
joblessminer
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January 06, 2018, 08:34:57 PM
 #62

How many people are on your team right now?
scam confirmed
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January 06, 2018, 09:09:43 PM
 #63

How much does it cost to purchase tokens and what happens if you don’t raise what you’re trying to raise?

Each token costs $.17. All money that is raised during the pre-ICO process will be held in an escrow account until the targeted amount has been reached. If the amount
is not reached after the public token sale concludes, all funds will be returned to the purchasers accordingly.

Hope this is helpful! If you have anymore questions, feel free to reach out to us on our telegram channel: https://t.me/joinchat/GoU6oUialWNk6L1dhaPLsw

What are the soft and hard caps? Also, is there a minimum purchase requirement?


Thanks for the question! We currently have a soft cap of $15,000,000 and a hard cap of $51,000,000. Right now we are currently in our public pre-sale. There is a minimum purchase requirement of 300 STARS tokens or $51 USD!

Glad to hear the minimum is so low. What happens if you don't hit the soft cap?

Will it all be refunded in this case?

StarsGroup
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January 08, 2018, 04:07:49 PM
 #64

How many people are on your team right now?

Our team includes 6 members, in addition to a great advisory and ambassador team!
StarsGroup
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January 08, 2018, 04:09:18 PM
 #65

How much does it cost to purchase tokens and what happens if you don’t raise what you’re trying to raise?

Each token costs $.17. All money that is raised during the pre-ICO process will be held in an escrow account until the targeted amount has been reached. If the amount
is not reached after the public token sale concludes, all funds will be returned to the purchasers accordingly.

Hope this is helpful! If you have anymore questions, feel free to reach out to us on our telegram channel: https://t.me/joinchat/GoU6oUialWNk6L1dhaPLsw

What are the soft and hard caps? Also, is there a minimum purchase requirement?


Thanks for the question! We currently have a soft cap of $15,000,000 and a hard cap of $51,000,000. Right now we are currently in our public pre-sale. There is a minimum purchase requirement of 300 STARS tokens or $51 USD!

Glad to hear the minimum is so low. What happens if you don't hit the soft cap?

Will it all be refunded in this case?

If the amount is not reached after the public token sale concludes, all funds will be returned to the purchasers accordingly.
StarsGroup
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January 08, 2018, 04:09:58 PM
 #66

This project looks interesting and I like that it’s focused on football, but why do you think that this will be successful? How are you different than other ICOs in the space?

Hi GoBelle, thats a great question! We're different than other ICO's in the space because we are the first of our kind in the sports world. To date, there has not been another ICO that aims to create a financial infrastructure for a sports platform and ultimately for an entire sports industry. We believe we'll be successful because of this point exactly. In addition, the problem(s) we're trying to solve using blockchain and our platform will help both clubs, players, and fans!

How do people from within the industry benefit by using Stars Group compared to the way they're handling it now?

Right now, in the industry, clubs receive sponsorship, broadcasting, merchandise sales, tickets sales, and transfer fee revenue in different currencies, and at each exchange/transaction point, the club loses money in transaction fees.

As we increase consumer interaction with the Stars Group Platform, we intend to utilize the platform internally for intergroup player transfers and international transactions. This would benefit clubs  and owners because it would automate the process, and ensure that the transfer is made on time, for the agreed to amount with a single currency, eliminating the currency exchange.



That actually does sound really useful for people in the industry. What kind of fees would they have to pay to use your platform instead?


Users will have a small transaction fee when they make purchases on the platform using STARS tokens.
StarsGroup
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January 08, 2018, 04:11:45 PM
 #67



We have some exciting news! Stars Group team wanted to let you know that we have set a date for the close of our pre-sale and time frame for our public sale!

February 2nd will be the close of our public pre-sale, and the last chance to receive 20% off STARS tokens when you purchase at least 300 tokens -- This is just a few weeks away!

After the close of our pre-sale, we will be opening our public sale on February 5th and will last until March 2nd!

Remember, token distribution is set to occur two weeks after we close our public sale!

We're extremely excited as we move forward!
StarsGroup
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January 09, 2018, 02:21:20 PM
 #68

We're extremely excited to announce our newest advisor to the Stars Group IO team, Alex Lightman!


Alex is an internationally recognized author, inventor, entrepreneur, and stands as a leader and key influencer in the crypto space. Alex currently sits as the Chief Strategist for Passport Cities $300 M+ ICO.

For more information on Alex Lightman, check out our article here https://medium.com/stars-group/stars-group-io-adds-tech-innovator-to-advisory-board-c874c272fc5b
Sword555
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January 12, 2018, 09:37:17 PM
 #69

We're extremely excited to announce our newest advisor to the Stars Group IO team, Alex Lightman!


Alex is an internationally recognized author, inventor, entrepreneur, and stands as a leader and key influencer in the crypto space. Alex currently sits as the Chief Strategist for Passport Cities $300 M+ ICO.

For more information on Alex Lightman, check out our article here https://medium.com/stars-group/stars-group-io-adds-tech-innovator-to-advisory-board-c874c272fc5b

How do you think Alex will be able to help Stars Group?
Crypto_Man1212
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January 12, 2018, 09:53:40 PM
 #70


We have some exciting news! Stars Group team wanted to let you know that we have set a date for the close of our pre-sale and time frame for our public sale!

February 2nd will be the close of our public pre-sale, and the last chance to receive 20% off STARS tokens when you purchase at least 300 tokens -- This is just a few weeks away!

After the close of our pre-sale, we will be opening our public sale on February 5th and will last until March 2nd!

Remember, token distribution is set to occur two weeks after we close our public sale!

We're extremely excited as we move forward!

I put this in my calendar, thanks. Do I need to be whitelisted to get in on the pre-sale?
GoBelle
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January 12, 2018, 10:05:55 PM
 #71

This project looks interesting and I like that it’s focused on football, but why do you think that this will be successful? How are you different than other ICOs in the space?

Hi GoBelle, thats a great question! We're different than other ICO's in the space because we are the first of our kind in the sports world. To date, there has not been another ICO that aims to create a financial infrastructure for a sports platform and ultimately for an entire sports industry. We believe we'll be successful because of this point exactly. In addition, the problem(s) we're trying to solve using blockchain and our platform will help both clubs, players, and fans!

How do people from within the industry benefit by using Stars Group compared to the way they're handling it now?

Right now, in the industry, clubs receive sponsorship, broadcasting, merchandise sales, tickets sales, and transfer fee revenue in different currencies, and at each exchange/transaction point, the club loses money in transaction fees.

As we increase consumer interaction with the Stars Group Platform, we intend to utilize the platform internally for intergroup player transfers and international transactions. This would benefit clubs  and owners because it would automate the process, and ensure that the transfer is made on time, for the agreed to amount with a single currency, eliminating the currency exchange.



That actually does sound really useful for people in the industry. What kind of fees would they have to pay to use your platform instead?


Users will have a small transaction fee when they make purchases on the platform using STARS tokens.

I'm guessing the exact % hasn't been nailed down at this point?
joblessminer
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January 12, 2018, 10:13:16 PM
 #72

This won't be open source will it?
Dofus
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January 12, 2018, 10:24:24 PM
 #73

Are you guys having a bounty campaign? How is it working out for you if so?
StarsGroup
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January 15, 2018, 01:17:06 PM
 #74

We're extremely excited to announce our newest advisor to the Stars Group IO team, Alex Lightman!


Alex is an internationally recognized author, inventor, entrepreneur, and stands as a leader and key influencer in the crypto space. Alex currently sits as the Chief Strategist for Passport Cities $300 M+ ICO.

For more information on Alex Lightman, check out our article here https://medium.com/stars-group/stars-group-io-adds-tech-innovator-to-advisory-board-c874c272fc5b

How do you think Alex will be able to help Stars Group?

Alex will be helpful moving forward in many ways. One in particular is due to his experience and expertise in the crypto space. His advisory clients who have successfully completed ICOs include Science (famous for incubating Dollar Shave Club and selling for $1 billion cash), BLOCKv, Sense, and Propy. Clients in the process of ICOs/token sales or evaluating include Academy for Blockchain Technology, African Potash, Ankorus, Phireon, FR8, BLOCT, LightStar, BitSpeed (now partnered with Google), GINET, and Millennium Energy.
StarsGroup
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January 15, 2018, 01:18:09 PM
 #75

Are you guys having a bounty campaign? How is it working out for you if so?

We do currently have a bounty campaign! The bounty campaign is doing well and picking up speed!
StarsGroup
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January 15, 2018, 01:20:54 PM
 #76


We have some exciting news! Stars Group team wanted to let you know that we have set a date for the close of our pre-sale and time frame for our public sale!

February 2nd will be the close of our public pre-sale, and the last chance to receive 20% off STARS tokens when you purchase at least 300 tokens -- This is just a few weeks away!

After the close of our pre-sale, we will be opening our public sale on February 5th and will last until March 2nd!

Remember, token distribution is set to occur two weeks after we close our public sale!

We're extremely excited as we move forward!

I put this in my calendar, thanks. Do I need to be whitelisted to get in on the pre-sale?

Hello, you do not have to be whitelisted prior to the pre-sale. Anyone can go onto our site, http://starsgroup.io and you can complete the purchase there!
Sword555
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January 15, 2018, 07:46:57 PM
 #77

We're extremely excited to announce our newest advisor to the Stars Group IO team, Alex Lightman!


Alex is an internationally recognized author, inventor, entrepreneur, and stands as a leader and key influencer in the crypto space. Alex currently sits as the Chief Strategist for Passport Cities $300 M+ ICO.

For more information on Alex Lightman, check out our article here https://medium.com/stars-group/stars-group-io-adds-tech-innovator-to-advisory-board-c874c272fc5b

How do you think Alex will be able to help Stars Group?

Alex will be helpful moving forward in many ways. One in particular is due to his experience and expertise in the crypto space. His advisory clients who have successfully completed ICOs include Science (famous for incubating Dollar Shave Club and selling for $1 billion cash), BLOCKv, Sense, and Propy. Clients in the process of ICOs/token sales or evaluating include Academy for Blockchain Technology, African Potash, Ankorus, Phireon, FR8, BLOCT, LightStar, BitSpeed (now partnered with Google), GINET, and Millennium Energy.

He sounds like an extremely useful guy to have around. You can't divulge any specific changes you've made due to his advisory, can you?
GoBelle
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January 15, 2018, 08:22:57 PM
 #78

This project looks interesting and I like that it’s focused on football, but why do you think that this will be successful? How are you different than other ICOs in the space?

Hi GoBelle, thats a great question! We're different than other ICO's in the space because we are the first of our kind in the sports world. To date, there has not been another ICO that aims to create a financial infrastructure for a sports platform and ultimately for an entire sports industry. We believe we'll be successful because of this point exactly. In addition, the problem(s) we're trying to solve using blockchain and our platform will help both clubs, players, and fans!

How do people from within the industry benefit by using Stars Group compared to the way they're handling it now?

Right now, in the industry, clubs receive sponsorship, broadcasting, merchandise sales, tickets sales, and transfer fee revenue in different currencies, and at each exchange/transaction point, the club loses money in transaction fees.

As we increase consumer interaction with the Stars Group Platform, we intend to utilize the platform internally for intergroup player transfers and international transactions. This would benefit clubs  and owners because it would automate the process, and ensure that the transfer is made on time, for the agreed to amount with a single currency, eliminating the currency exchange.



That actually does sound really useful for people in the industry. What kind of fees would they have to pay to use your platform instead?

There is a small transaction fee when you make purchases on the platform using STARS tokens. The transaction fee for credit card transaction compared to ETH/STARS is up to 5% larger when including FX exchange and 3rd party processing fees.

I'm guessing your exact fee hasn't quite been nailed down yet? 2%? 2.5%?
Crypto_Man1212
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January 15, 2018, 08:43:12 PM
 #79


We have some exciting news! Stars Group team wanted to let you know that we have set a date for the close of our pre-sale and time frame for our public sale!

February 2nd will be the close of our public pre-sale, and the last chance to receive 20% off STARS tokens when you purchase at least 300 tokens -- This is just a few weeks away!

After the close of our pre-sale, we will be opening our public sale on February 5th and will last until March 2nd!

Remember, token distribution is set to occur two weeks after we close our public sale!

We're extremely excited as we move forward!

I put this in my calendar, thanks. Do I need to be whitelisted to get in on the pre-sale?

Hello, you do not have to be whitelisted prior to the pre-sale. Anyone can go onto our site, http://starsgroup.io and you can complete the purchase there!

Thanks. You guys aren't worried about any sort of regulation or KYC, etc?
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January 15, 2018, 08:51:03 PM
 #80

How many people are on your team right now?

Our team includes 6 members, in addition to a great advisory and ambassador team!

Sounds like a formidable team! All full time I assume?
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