KSTADIUMPrice

(KSTA)

KSTADIUM aims to enhance the sports and entertainment industry by addressing issues such as fan engagement, combating ticketing fraud, and enabling new forms of content monetization. It utilizes blockchain technology to achieve these goals, providing decentralized solutions that offer transparency and efficiency. The project operates on its own proprietary blockchain, forming a dedicated infrastructure for its ecosystem and applications.

The KSTA token serves multiple core utilities within the KSTADIUM ecosystem. It functions as the primary medium for transaction fees, allowing users to interact with decentralized applications (dApps) and send value across the network. KSTA holders can engage in staking to contribute to network security and potentially earn rewards. Additionally, the token enables participation in governance decisions, allowing holders to vote on proposals. It also provides essential tools for developers building dApps and grants access to exclusive content.

KSTADIUM employs a new consensus algorithm called DPoI, or Delegated Proof of Investment. This algorithm innovatively combines a 'community pool' and 'investment' concepts into the well-known Delegated Proof of Stake (DPoS) governance structure. DPoI allows investors to actively explore new projects and potentially contribute to increasing the token's value. This is achieved through their participation in voting governance policies, integrating financial incentive with community-driven decision-making within the network.

Yes, KSTADIUM faced regulatory scrutiny in early 2023, primarily concerning its compliance with local laws and regulations, particularly regarding its token distribution and marketing practices. Regulatory bodies inquired about the project's adherence to securities laws. In response, KSTADIUM implemented significant changes to its token sale structure and enhanced its compliance protocols. This included engaging in legal consultations and making necessary adjustments to its marketing strategies to ensure full regulatory alignment.

'Stadium Owner Power' (SOP) is the governance token for KSTADIUM. Its primary function is to enable voting by community members on KSTADIUM's governance proposals, which are executed through smart contracts. SOP cannot be traded on exchanges. It can only be acquired by sending KSTA tokens to KSTADIUM's Community Pool, with a conversion rate of 1 KSTA for 1 SOP. Once obtained, SOP can be delegated to a Stadium Owner (SO), who is a verified leader, in exchange for compensation, fostering active community participation.

The KSTADIUM Bridge is a service designed to enable seamless transfers of assets between various blockchain networks. For example, it allows for the conversion of tokens from other networks, like Ethereum, for use within the KSTADIUM network. When using the Bridge, transaction gas fees are incurred, which can fluctuate based on network conditions. Additionally, a specific KSTADIUM Bridge fee is applied to each conversion, and this fee is adjusted on a weekly basis, alongside minimum convertible amounts for different assets.