Sponstar price

$STAR

#3501

Sponstar is a blockchain-powered platform designed to transform brand sponsorships, loyalty programs, and audience engagement by leveraging fractional ownership, AI-driven insights, and tokenized rewards. Launched in December 2024, Sponstar enables brands, events, and users to interact through a decentralized ecosystem built to address key challenges in the sponsorship and loyalty industries.

Key Features and Functionality Fractional Sponsorship Marketplace Sponstar allows brands of all sizes to access sponsorship opportunities traditionally reserved for tier 1 companies. By fractionalizing sponsorships, smaller brands can participate in premium events such as sports games, music festivals, and global cultural gatherings, bridging the funding gap for organizers.

$STAR Token $STAR is the native governance and utility token of the Sponstar ecosystem. Token holders gain access to exclusive rewards, governance rights, and loyalty experiences. The token operates on Ethereum via a LayerZero OFT2 smart contract, ensuring cross-chain compatibility with Layer 2 networks such as Skale, BNB Chain, and Ethernity.

STAR Points Loyalty System Complementing the $STAR token, the STAR points system gamifies audience engagement. Users earn points by attending events, interacting with sponsors, and completing gamified activities like treasure hunts. These points can be redeemed in Sponstar's STAR Points Marketplace for products, services, and experiences.

AI-Powered Insights Sponstar integrates artificial intelligence to match brands with sponsorship opportunities and analyze audience engagement. These insights help sponsors optimize campaigns, measure ROI, and deliver personalized experiences for their target audience.

Geofencing Technology The platform leverages geofencing to capture first-party data from physical and digital event interactions. This technology enables event organizers and sponsors to gain real-time insights into audience behavior and engagement.

Exclusive Experiences Sponstar tokenizes exclusive experiences, such as backstage access, meet-and-greets, and premium event perks. These are made available to $STAR holders, incentivizing participation and token utility.

Use Cases Brands: Gain affordable access to tier 1 events through fractional sponsorships and actionable data insights for optimized campaigns. Events: Secure funding from multiple sponsors while engaging audiences with tokenized rewards. Users: Earn rewards through gamified experiences and unlock exclusive opportunities within the ecosystem. Ecosystem and Partnerships Sponstar collaborates with major brands, events, and blockchain networks to scale its impact. Current partners include Chivas Football Club, Coca-Cola, Universal Music, and events like SXSW and Art Basel. The platform also integrates with blockchain networks such as Ethereum, Skale, and Binance Smart Chain for scalability and accessibility.

Tokenomics and Scalability The $STAR token is designed to scale with the ecosystem. It is used for governance, rewards, and staking, driving engagement and long-term value. Sponstar’s architecture supports high transaction throughput via Layer 2 networks, ensuring cost efficiency and scalability.

Sponstar addresses critical challenges in sponsorship and loyalty by combining blockchain, AI, and gamified engagement, creating a transparent and inclusive ecosystem for brands, events, and users.