STARAMBA.Token (STT) is a cryptocurrency developed by STARAMBA SE, a company known for creating virtual reality experiences and 3D figures. The STARAMBA leadership team generally includes individuals with diverse backgrounds in technology, virtual reality, and blockchain, though specific names of the founders or leading figures are not provided here. As the STARAMBA.Tokens work with blockchain technology and have customized smart contracts a fast and secure payment to all different parties is given. E.g. if a customer buys a jersey of his favorite football club there are at least two parties who get a share – the football club and the seller. The smart contract divides the shares in the different parts and directly transfers the shares to the parties.
- Our data indicates that Private Companies hold 53%, of the company’s shares.
- If you spot an error that warrants correction, please contact the editor at editorial- This article by Simply Wall St is general in nature.
- Users get access to various services like fitness, fashion and gaming applications that refer to your 3D model.
- 99SC has built up its total debt levels in the last twelve months, from €1.54M to €2.79M – this includes both the current and long-term debt.
With their VR project STARAMBA.spaces users can meet, connect and interact with their favorite stars, idols, friends and even strangers. Buying, renting, selling and creating parts of the next-level social VR universe. A smart contract is a computer protocol which consist of the contractual data. So, when making a contract with a licensor there is at least one party which gets a revenue share.
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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.
- The 3D Instagraph Pro and 3D Instagraph Fusion link industrial strength and smart process automation to one of the most advanced full-body scanning systems available on the market without the need for involvement of operators.
- Explore experiences created with top celebrities, rock stars, and superstar athletes.
- Interested parties are advised to proceed to these exchanges and follow their respective processes for buying cryptocurrencies.
- Due to our smart contract it is possible to directly split the amount of token into different shares.
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.
Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. 99SC has built up its total debt levels in the last twelve months, from €1.54M to €2.79M – this includes both the current and long-term debt.
World’s largest 3D Database of stars
You decide Staramba’s destiny and reap the profits as brands and consumers build the experiences and products of the future. Staramba is a company founded only in the 2014, in Germany, when it started with its innovative technology scanning and realizing 3D avatars, identical to the original, with the purpose to create a database of virtual celebrities. The next year, in the 2015, the first celebrities started to join the project, like the football’s teams of the FC Bayer, Arsenal and Juventus. In the 2016, instead, it crosses the ocean, landing in the United States where it receives the support of many.
Is 99SC’s debt level acceptable?
Sometimes insiders have an interest in a public company through a holding in a private company, rather than in their own capacity as an individual. While it’s hard to draw any broad stroke conclusions, it is worth noting as an area for further research. But we can’t rely on that fact alone, since institutions make bad investments sometimes, just like everyone does. If https://cryptolisting.org/blog/how-to-calculate-interest-rates-on-bank-loans multiple institutions change their view on a stock at the same time, you could see the share price drop fast. To help readers see pass the short term volatility of the financial market, we aim to bring you a long-term focused research analysis purely driven by fundamental data. Note that our analysis does not factor in the latest price sensitive company announcements.
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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.
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Lifelike avatars or persons, acting as they would in real life, offer users attractive opportunities for interaction. Users can share in a plethora of already existing worlds, but also create or adapt their own worlds themselves. STARAMBA.spaces will also be a place where people can experience what is impossible in their everyday life, with a new social hierarchy and a new economy that is only limited by the imagination of its citizens. During this phase, STARAMBA distributes a limited number of STARAMBA.Tokens of token class D, free of charge. During this time, these tokens are only secured by a pledge for future services given by STARAMBA SE.
Here are some fast facts to better familiarize you with the VR industry’s most important player. If you’re running a script or application, please register or sign in with your developer credentials here. Additionally make sure your User-Agent is not empty and is something unique and descriptive and try again.