Starwire (STR)

Starwire (STR) is a pioneering platform designed for Web 3.0, the modern internet. It provides financial tools for entrepreneurs in the entertainment industry to create smart contracts that enable revenue sharing with their teams. With Starwire, users can customize revenue distribution to ensure fair and transparent sharing of profits from their creative ventures, whether it’s a movie, song, game, or phone app.

At the heart of Starwire is the ability to create stakeholder identities for each team member. By downloading the decentralized application (DApp), individuals can initialize their accounts, which also serve as their digital wallets. This process allows for easy management and tracking of revenue splits, income tiers, milestone triggers, and deferred invoices. By simulating income flows, Starwire ensures accurate calculations of revenue sharing.

When revenues start rolling in, Starwire collects the payments in fiat currency, which can be made via INTERACT (available in Canada), credit card payments, or regular bank transfers. These funds are converted into a digital stablecoin, enabling borderless macro and micropayments to the team members’ wallets. Starwire’s DApp and revenue simulator keep users informed about the project’s progress, and when desired, funds can be easily transferred to regular bank accounts.