FAQ StarsX Platform

What is the StarsX platform?

StarsX is an online community built around providing users with an exciting alternative to the traditional Trading platforms and fantasy sports leagues. By combining the two concepts, we use real-life data and statistics to drive a market where every move is reliant on the real performance and sporting prowess of the user.

What is STAX?

The StarsX governance token is referred to as STAX and it is this which is used to drive participation within the platform.

What is the role of NFTs on StarsX platform?

The platform itself can be considered a Decentralized Exchange for Fractional NFT’s – that is, a space where active users can go to exchange and invest in the fractionable NFT’s relating to their proposed outcome.

Who can use StarsX platform?

Anyone can use the StarsX platform. In essence, what StarsX presents is the ideal game for those who want to use their knowledge and understanding of the sport to win big – based on their aptitude for reading data and assessing performance.

Why should I trust the StarsX platform?

We are using blockchain technology to provide full transparency across a market which is owned by the users rather than a central hub. Moreover, we intend to deliver a platform where sports fans can gather and communicate on a global scale; interacting, engaging, and competing in a way that fuses passion and technology together seamlessly.
FAQ Referral Link

What is the main role of Referral Link on the StarsX platform?

StarsX uses referral marketing campaigns for promoting the products by the existing customers.

Why do I need to use Referral Link?

You will be able to invite your friends and family to purchase STAX via the Referral Link, to get benefit from our Bounty Program.

What is Traffic Referring ?

In brief, we can tell it’s the total number of clicks to that website that comes from referral links.  So it’s the number of people that visit our website through the link. They also might receive some promotional ads.

How does the Bounty Program work ?

Whoever is using your referral link needs to purchase. So, you will be able to receive up to 40% bounty, which is exchangeable with USDT Tether.

What is the minimum amount of purchasing STAX ?

The minimum amount of purchasing STAX via or without the Referral Link is 50 dollars.
Technical FAQ

How Bancor protocol affect StarsX ?

The Smart Tokens launch from Bancor suddenly enabled the conversion of any ERC20 token into an alternative token, without the need for manual intervention or liquidity.

What is the influence of ERC-721 Token on StarsX?

The main influencer for StarsX comes from the ERC-721 token standard. The idea behind ERC-721 was to create a cryptographic token that was unique and not interchangeable, affording great success in 2018 as digital kitties suddenly garnered huge attention and millions of dollars in instant revenue.

What is the role of NFTs on StarsX?

StarsX platform can be considered a Decentralized Exchange for Fractional NFT’s – that is, space where active users can go to exchange and invest in the fractionable NFT’s relating to their proposed outcome.

What users can do with Fractional NFTs?

Within Fractional NFT markets, users can purchase and liquidate their smart tokens, with the StarsX platform rendering all tokens interchangeable using the standardized system influenced by Bancor.