Based on the detected position data, it gently tells users how to position inside the scanning room in order to get the desired scanning result. By mid-2017, Staramba’s 3D database was launched as part of its preparation for VR applications. Only a month later, Staramba became the first operator of free photogrammetry scanners in the world, the 3D Instagraph Fusion. Staramba also launched its beta version of the VR experience, Staramba.spaces. In this time period, Staramba increased its revenue from around €1 million in 2015 to around €16 million last year while its shares also drastically climbed from just €6 in May 2016 to €60 today. In 2016, Staramba was listed on the Frankfurt Stock Exchange and continued to further expand its portfolio to include FC Barcelona.
Originally founded in 2014, Staramba won licensing partnerships in the sports, music and entertainment industry, ranging from the likes of Marvel, NFL, WWE, FC Bayern, Kiss, Elvis Presley and much more. Although specific technical details are not provided, the security of the STARAMBA.Token network likely relies on standard blockchain principles such as decentralization, consensus mechanisms, and cryptographic techniques. Blockchain networks ensure that transactions are immutable and prevent double spending, thus maintaining the integrity of the digital currency. It has a market capitalization of just €5.3m, and insiders have €500k worth of shares, in their own names. This shows at least some alignment, but I usually like to see larger insider holdings. Trading and investing in digital assets is highly speculative and comes with many risks.
- With the STARAMBA.Token these royalty reports cease as the licensor gets the amount right away.
- Its upcoming venture, Staramba.spaces, allows users to immerse themselves in a virtual world and engage with their idols in a whole new way.
- As the STARAMBA.Tokens work with blockchain technology and have customized smart contracts a fast and secure payment to all different parties is given.
- If you have many licence products in your portfolio and want to get rid of royalty reports, this payment method is the perfect fit for you.
For 99SC, the ratio of 29.14x suggests that interest is comfortably covered, which means that debtors may be willing to loan the company more money, giving 99SC ample headroom to grow its debt facilities. If you have many licence products in your portfolio and want to get rid of royalty reports, this payment method is the perfect fit for you. Also if you are selling virtual goods or items inside your virtual world, this payment method is made for you.
Written by Staramba
With this increase in debt, 99SC currently has €13.96K remaining in cash and short-term investments for investing into the business. Moving onto cash from operations, its operating cash flow is not yet significant enough to calculate a meaningful cash-to-debt ratio, indicating that operational efficiency is something we’d need to take a look at. For this article’s sake, I won’t be looking at this today, but you can take a look at some of 99SC’s operating efficiency ratios such as ROA here.
- With this increase in debt, 99SC currently has €13.96K remaining in cash and short-term investments for investing into the business.
- Additionally make sure your User-Agent is not empty and is something unique and descriptive and try again.
- Staramba continues the momentum generated by the token sale and extend the sale in order to build a stronger community of users for STARAMBA.spaces.
- This makes the casting of sophisticated 3D characters for professional VR, AR, gaming or CGI productions incredibly simple.
This dual function as both a currency and an access key to virtual experiences is a defining characteristic of STT. STARAMBA.Token operates within the STARAMBA ecosystem and is used as a currency for transactions within this digital space. Whether it’s purchasing virtual goods, accessing exclusive content, or participating in social experiences, STT serves as the medium of exchange that facilitates these activities. Generally, it works similar to other digital currencies on blockchain technology, ensuring secure and transparent transactions.
What Makes STARAMBA.Token Unique?
Specific information on how to qualify for airdrops will be disclosed before the airdrop phase, as well as when and how the STARAMBA.Token account is credited. It is now leading in bringing these services to the consumer and two companies have been particularly active when it comes to photogrammetry and 3D selfies. One is Doob, Group, which I’ve covered often, another is Staramba, which Mike reported on not too long ago. STARAMBA.spaces will be a place where people can transfer previous relationships into the virtual world. With a 32% ownership, the general public have some degree of sway over 99SC. While this group can’t necessarily call the shots, it can certainly have a real influence on how the company is run.
Display Currency
During this year other celebrities in the sport’s world join it, letting Staramba scan themselves and create their own virtual avatar, they are the football players of the NFLPA and the wrestlers of the WWE. The 2017 is the year when the project starts to really take shape, other celebrities become 3D avatars of the virtual world of Staramba, this time there aren’t only sports, but even Pope Francis. In June of the 2017 Staramba shows the work of the previous 3 years, during which it collected the biggest database in the world of 3D avatars, we are talking about more then 7000 famous characters. In September of the same year the company launched the beta version of Staramba.space, a virtual world all to discover. This year, exactly in May, after the opening of the “White list” (the list of the Staramba’s characters), the virtual universe opens the doors, exactly the 20th of June of 2018. Staramba started with a database of 7000 celebrities, with which is possible to interact, with which engage sing or dance’s lessons, watch a concert, etc.
Connect, meet and follow lifelike 3D avatars of superstars, icons, friends, strangers. Participate in the ITO with up to a 90% discount and right of pre-emption before public mass adoption. Explore experiences created with top celebrities, rock stars, https://cryptolisting.org/blog/what-is-the-inventory-turnover-ratio and superstar athletes. Join a virtual world where certified avatars created with Staramba’s cutting-edge 3D-scanning technology ensure real connections between real people. Staramba’s first residents will be the first landowners in this new universe.
NeXR in the Press
Access exclusive experiences with stars and celebrities from the real world. The countdown started, in less than one week, the 20th of June, the Staramba’s ecosystem, the first world in virtual reality, opens its doors to the audience. Virtual reality is expected reach all areas of social life in the next several years. In fact, Statista suggested that the augmented and virtual reality market size worldwide will increase from $6.1 billion in 2016 to $215 billion by 2021.
Even if you do not want to participate in MATERIA.ONE you have the possibility to integrate STARAMBA.Tokens as payment method in your shop system. Also if the shopping cart is filled with products from different stores and brands it is possible to get separated invoices to the customers and even do separated royalty splits. Drawing 3D models of the celebrities does not mean that those celebrities have accepted to interact with their fans on the Staramba platform. To learn more about STARAMBA and the ITO, sign-up for the Pre-Sale now, get whitelisted at to be able to participate. To learn more about STARAMBA and its upcoming ITO, please visit the official website staramba.com. To learn more about Staramba and its upcoming massive ITO, please visit the official website at staramba.com.
An established company that is listed on the stock exchange in Frankfurt is creating a decentralized, social virtual reality world which gives users the chance to rub shoulders with some of the world’s biggest celebrities. STARAMBA is a world leader for most lifelike and detailed avatars and is now in the process of creating a social virtual reality world akin to Ready Player One’s OASIS, which will feature your favorite celebrities. The unique quality of today’s embedding of photorealistic avatars equipped with artificial intelligence into specially created and completely new virtual worlds means VR can be experienced realistically in STARAMBA.spaces.
This phase is distinguished from the previous phase by restricted trading within the STARAMBA.spaces ecosystem. STARAMBA.Tokens can be used for the purchase of an expanded STARAMBA.spaces goods and services offer. Staramba has already signed several celebrities from the world of music and sports. While these are – at the moment – mostly names of niche or past celebrities such as Linkin Park, Slash from Guns and Roses, boxing champs and other local stars, the celebrity index has been growing fast.
STARAMBA Token: The STT
When having multiple contracts you can combine everything within the smart contract, like the platform you use to sell the products, licensor, affiliate, producer etc. With our solution, every payment made with our STARAMBA.Token automatically divides the amount of token in the previously defined shares – Every licensor, affiliate, seller, and other party gets a share for this transaction. This way every party benefits from a more efficient process and reduced fees by cutting out expensive third-parties. ► The STARAMBA.token will be used for all transactions within their VR universe such as buying and selling goods and services in game — even a massive virtual real estate market! Staramba has already created what it claims is the world’s largest database of 3D avatars, which features 7,000 stars.
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