ONSTELLAR – Why You Should Participate
The marriage of blockchain and a subject-specific social media platform is a revolutionary idea! Steemit is building the platform for this with their Smart Media Tokens. ONSTELLAR is making use of this new opportunity for esoteric topics.
1. ONSTELLAR summarized
ONSTELLAR is a new blockchain-powered social media network built as the first platform designed exclusively for the enlightened community.
From the paranormal to the metaphysical, the unexplained lives here.
Powered by the blockchain, the ONSTELLAR ecosystem is tailored to introduce members to the exciting world of cryptocurrency, while at the same time providing opportunities to earn income, meet new people, engage with industry professionals and gain access to amazing products, services and events - all while enjoying a world-class user experience.
2. What problems are we solving?
The modern social platforms excel at attracting more users by offering ever-expanding services, which are free of charge. But there is a real cost to our participation and growing dependency upon these platforms:
- Our privacy is constantly being assaulted.
- Censorship is on the rise in dramatic fashion
- Major platforms have been caught in creepy social engineering experiments
- Billions of social media users generate substantial revenue for the industry, but don’t receive a fair share of the profits and value creation.
But that’s not all. Most platforms are very generically targeting the mainstream, which leaves many special interest groups out in the cold. ONSTELLAR wants to change that:
- Tribal behavior of mainstream social media users discourages free thought
- Fans of the paranormal, the unexplained, the metaphysical and conspiracy theories don’t have a place to connect, collaborate and earn together
- Web marketing and digital expertise is hard to master, creating a lack of opportunity for lay-people to break in
- Professionals seek to grow their audience but must expend significant resources to find new fans across the vast digital expanse
Our one-of-a-kind platform brings together the best of modern technology and subject-specific resources into one place to dramatically change the paradigm.
3. What is our solution?
ONSTELLAR is the next critical step in combining social media with cryptocurrency. Designed for a growing enlightened global community and focused exclusively on the extraordinary, profound and metaphysical, ONSTELLAR will be the first platform of its kind to focus on connecting like-minded individuals with a revolutionary and unique experience. By offering a transparent, open marketplace for its members, ONSTELLAR promises to be the heartbeat and nexus for expanding knowledge in our wondrous world.
The ONSTELLAR ecosystem is tailored to engage members in the exciting world of cryptocurrency, while at the same time providing opportunities to earn income, meet new people, engage with industry professionals and gain access to singular products, services and events. While enjoying a world-class user experience, our members will have access to the largest publicly-available digital archive of curiosity-quenching audio, video, publications, images, newspaper clippings and investigative documents.
What are the technology hurdles you must overcome to launch ONSTELLAR?
Very few actually. The ONSTELLAR technology is based on the well-established Steem blockchain. By operating our ecosystem from the Steem blockchain, we are able to safely implement our business model, including many of the features on the roadmap while also enjoying a robust, tested and proven infrastructure.
Additionally, we are User Interface / User Experience experts. This means we know how to integrate the best of existing social media platforms in a efficient and easy-to-use fashion in order to deliver our members with a world class experience.
How is the community receiving ONSTELLAR?
Everyone is very excited! Just look at our testimonials that come from many of the biggest names in the industry.
4. The ONSTELLAR Team
What makes you capable of executing on this opportunity?
Our team brings a set of skills to cover all aspects of the business. They have solid experience in business administration, finance, business development, social media, blockchain, cryptocurrency, marketing and promotion of unique projects. Our key contributors and advisors are the top names in the industry encompassing everything from the paranormal to the metaphysical.
How are you different than other social platforms in the market?
There is no other social platform targeting this market and certainly no collective of individuals that comes anywhere close to our team. This is truly a very unique opportunity.
5. The Market
As total worldwide social media users approach 3 billion, it’s safe to say that the social media industry is huge, and still growing. When people think of social media, Facebook immediately comes to mind. Indeed, the Nielsen Group says Internet users within the United States spend more time on Facebook than any other website. But there are many social media companies worldwide, focusing on content-sharing, interaction and collaboration across different communities of people or coworkers. The most popular include:
- Facebook - widely-used free social networking site that allows users to upload photos and video, send messages and keep in touch with friends, family and colleagues
- Twitter - free microblogging service where registered members share short posts called tweets; members can broadcast tweets and follow other users' tweets through multiple platforms and devices
- Instagram - free image-sharing application that encourages users to share pictures and videos with approved followers or the public
- LinkedIn - a social networking site designed for business and professional engagement, featuring coworker and employer peer reviews
- Steemit - a social news website and forum where stories are socially curated and promoted by site members, Steemit is revolutionary in its revenue-sharing approach
All of this online activity is memorialized, synthesized, analyzed and monetized along with billions of other people, real value creation is happening. Indeed, as of mid-2017, the top 6 social networks had a combined enterprise value totaling just under $600 Billion USD.
Addressable market for our community
Put aside any personal reservations about our target community and take a look at a sample of relevant statistics:
- 16% of Americans believe in Bigfoot.
- Over 75% of UK citizens believe in the paranormal.
- 47% of Americans believe in aliens.
- 77% of Malaysians believe in the Jinn
- 68% of UK citizens believe UFOs are somehow connected with the Paranormal.
- 31% of Americans believe in Telepathy.
- 59% of Russians believe people can cast harmful spells
- 39% of Americans believe aliens are visiting earth.
- 28% of Jordanians wear talismans to protect them from evil.
- 75% of Christians have paranormal beliefs.
- 27% of Americans claim they know someone who has seen a UFO.
- 25% of Americans believe aliens are friendly.
- 75% of people believe in Premonitions.
- 42% of Americans believe in Demonic Possession.
- 69% of Indonesians believe in Witchcraft.
- 20% of Americans believe in Reincarnation.
- 25.3% of Americans believe aliens want to colonize earth.
- 35% of people believe in Levitation.
- 47.9% of Americans believe aliens are interested in human anatomy.
- 85% of people believe they have experienced Deja-Vu.
- 36.5% of Americans believe aliens are here to perform medical experiments.
- 32% of people believe in Auras.
- 41% of Pakistanis wear a talisman to protect against Evil.
- 73.5% of Americans believe it would be terrifying to be abducted by aliens.
- 27.9% of Americans believe it would be entertaining to be abducted by aliens.
- 19.3% of Americans believe it could be deadly to be abducted by aliens.
- 90% of people believe they have had at least one paranormal experience.
- 55% of Americans believe Atlantis once existed.
- 48% of Thai use religious healers
- UK citizens believe more in Auras than anywhere else in the world.
- 52% of Americans believe in hauntings.
- 66% of non-Christians have paranormal beliefs.
- 35% of Americans believe aliens have visited earth in our ancient past.
- Australians believe more in telepathy than anywhere else in the world.
- 48% of Ethiopians have witnessed an Exorcism.
- 26% of Americans believe aliens have come to earth in modern times.
- People over 35 years of age have more paranormal experiences than any other.
- 25% of Americans believe that some people can move objects with their mind.
- 41% of Americans believe in ESP.
- 69% of Turks believe in the Evil Eye.
- 26% of Americans believe in Clairvoyance.
- 25% of Americans believe in Astrology.
Information taken from: 20th Century Fox Survey - 2017 Chapman University Survey USA - 2017 Gallup News Survey - 2001 Psychic Revolution Internet Survey - 2011 Roper Poll Survey - 1991 YouGo Survey – 2015
It’s safe to say that our target market is very large. They are also very dedicated.
ONSTELLAR is a new type of platform. One that not only provides a premium user interface and experience, but also offers an entirely new business model designed to completely align members’ interests with the platform itself. This is a completely new paradigm powered by the latest in blockchain technology.
6. Business model
How much will the tokens be worth?
ONSTELLAR cannot make claims about the future value of its tokens. A good approximate guide and possible market model for what we are doing is what is happening with the STEEM tokens. ONSTELLAR will deploy a similar structure intended to create a U.S. Dollar peg.
How are you going to make money?
Just like other major platforms that are today very popular and profitable, ONSTELLAR will take time to build and new revenue sources will develop. Today, the platform is set up to earn revenue in multiple ways with the ONST token as the fundamental unit of exchange. Asides from traditional sources, our planned road map of functionality release will provide several new revenue opportunities:
- Decentralized Exchange. Members are able to buy and sell, with order matching and completion performed automatically by the system.
- Payments Through Escrow. The ONSTELLAR intends to provide a way for users to send tokens to each other with a third party designated as an escrow service. The member acting as the escrow service is able to determine if the terms of the agreement have been met, and either allow the funds to be released to the receiver or returned to the sender.
- Discovery Mapping System. The ONSTELLAR Discovery Mapping System is a mobile app designed to reveal important sites near your physical location. In keeping with our commitment to privacy, ONSTELLAR will not share any member information without full permission to do so. Full details on the functionality, data requirements, and privacy will be provided at a later date.
- Professional Connectivity Center. The professional connectivity center intends to provide members with a portal to submit their original works to industry professionals for production.
- Stock Portal. We intend to design our Stock Portal is designed as a platform to connect members with visionary artists, graphic designers, photographers and videographers.
- Freelancing Portal. This digital portal, based on our smart contract escrow system will enable ONSTELLAR members to post and search employment opportunities.
- Portal for Sound and Music Creators. Visionary and gifted sound and music creators will be able to upload, promote, sell and license their originally-created content.
- Learning Center. ONSTELLAR intends to offer a variety of subject-specific educational material, developed by experts in their respective fields. We are thrilled to integrate this curriculum with some of the leading tools available on the market today.
- Academy and Events. The goal of the Academy will be to preserve the legacy of educational luminaries of the past and present, whose body of work made a significant contribution to alternative science, literature, arts, entertainment, education, enterprise, investigation and research. Events will connect members together in real-world settings for the richest experience possible.
How will we gather new members?
We have put together a world-class group of key influencers and opinion leaders in our community. This coupled with aggressive referral rewards and traditional marketing/advertising should contribute significant growth to our network. A viral effect will likely begin to occur with our membership at some point.
How scalable is your platform?
With the proven Steem blockchain as its foundation, ONSTELLAR is designed to be one of the fastest and most efficient social platforms in existence and is able to scale to support 10,000 or more transactions per second. Because the infrastructure is entirely through the generation of new tokens, there is no need to charge users a fee for powering the blockchain.
In order to place reasonable limits on the system use, each user is given a limited bandwidth based on their token balance. Large and active users carry more token balance and therefore can do more. Users can always increase their bandwidth allowance by getting additional ONSTELLAR tokens. Bandwidth limits adjust based on network use, so users have a higher bandwidth allowance when the network usage is low.
Whenever users perform blockchain operations such as token transfers, posting content, and voting, it uses up a portion of their bandwidth. If a user exceeds their bandwidth allowance, they must wait to perform additional actions until their bandwidth recharges.
7. Financials
Token Offering
The maximum number of tokens issued will be 67,500,000 as follows:
- 74.1% will be sold during the crowdsale
- 11.1% will be distributed to founders
- 7.41% will be sold during the pre-sale
- 5.2% will be awarded as bounties
- 2.2% will be awarded to developers
Funds allocation
The allocation of funds received will be as follows:
- 65% is allocated to platform development
- 15% to operations and administration
- 15% to marketing and business development
- 5% to legal and accounting
Roadmap
The roadmap sets out the development that will be possible if targets are achieved, starting from $5 million and projected to $10 million.
Ensuring token liquidity
ONSTELLAR will have its own built in market that allows you to buy and sell ONST. The internal market has many benefits when it comes to trading. Among these benefits:
- No Fees - Our blockchain doesn’t charge trading fees, but it will rate limit your account if you start consuming too much bandwidth. If you hit the bandwidth wall, you can always Power Up to get more access.
- Highest Security - The internal exchange is secured by your account private key. This means you do not need to trust any third parties with your money.
- Lowest Spread – ONSTELLAR intends to subsidize the internal market with liquidity rewards that create market competition to give you the best price possible. The spread can be lower because some of the risk is absorbed by the network.
- Highest Liquidity - This is another side effect of liquidity rewards. Traders make more by trading on the internal exchange and therefore there is the greatest market depth.
8. Participation required
BTC and ETH will be accepted. The minimum purchase is 0.1 ETH.
CONCLUSION
ONSTELLAR should attract a large number of enthusiasts to its community as well as its token sale, setting up the platform for the future. We invite you to join us in our quest!
Stay tuned!
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