STARAMBA SE (XETRA: 99SC) officially starts the life cycle of the STARAMBA.Token today with the initial token sale of its own crypto currency. In order to benefit from the already well-established STARAMBA brand, which is known as an innovation leader, the digital currency will be called STARAMBA.Token rather than ROYALTY, in contrast to the original plans. After the great demand by announcing the issue of its own digital currency in November 2017, the number of tokens in denomination has continued to increase to 1 billion so that a larger number of fans can participate in the development of the STARAMBA.Tokens. The increase in the number of tokens has no effect on the expected income for the company.
As of today, interested buyers can now register on the website www.staramba.com in order to be guaranteed to be considered when the STARAMBA.Tokens are sold on 20 June 2018. Fans will then be able to buy the most exciting and limited first STARAMBA.spaces products from August onwards with the tokens purchased at reduced prices. STARAMBA.spaces is a social network for virtual reality in which users and stars from sports, music and entertainment can meet.
Technologically, the token based on the blockchain offers two interesting solutions with disruptive potential: On the one hand, complex royalty statements are replaced by special Smart Contracts. STARAMBA SE expects the enormous cost savings in the licensing industry to be received with great interest worldwide. On the other hand, the value of the token is kept stable after reaching the so-called token class A by an Algorithmic Central Banking in order to establish it as a reliable means of payment in the STARAMBA.spaces and beyond.
“We are very pleased to have reached another milestone with STARAMBA.Token. The Initial Token Sale is the starting signal for STARAMBA.spaces, the most important future project of STARAMBA SE. With the successful execution of the sales, our company not only receives the financial means for the faster and larger development of STARAMBA.spaces, but also thousands of first-time users. The door to the global launch of STARAMBA.spaces has been opened wide with the start of STARAMBA.token,” says Christian Daudert, Chairman of the Board of Directors and Managing Director of STARAMBA SE.