Frankfurt-Based Company Staramba to Create Massive Digital Society

Assets, contracts, transactions, information – all of these are being brought into the digital space. But a company in Frankfurt is looking to digitalize society itself. While this has already been done in the gaming world to some extent, never has it been attempted at this level, according to Cointelegraph.

The company, Staramba, aims to develop what it claims to be the first largest global database of avatars. But not just any avatars. Among those included are A-list stars -- from actors, sports icons, and musical legends -- who the company said number around 7,000.

Before this project, Staramba’s work included creating realistic representations for Hollywood studios and prominent gaming giants like Konami. Its new venture, Staramba.spaces, will enable users to cross the digital realm and engage prominent stars in ways never before possible. They can train with an apex athlete, sing along with their favorite musician, or simply strike a casual conversation with a Hollywood star.

The company also allows users to buy digitalized areas of land, allowing them to be neighbors with, say, Paris Hilton or Cristiano Ronaldo. Other possibilities include buying an area where their balcony overlooks the training grounds of a high-class football team, or any sports team for that matter. That is, of course, if that particular team partners with the company.

Staramba is already having a dialogue with world-class football clubs like Bayern Much and Real Madrid, the table-tennis phenom Timo Boll, and wrestling legend Hulk Hogan. With these stars present in the digital realm, the company hopes that users will pay a premium price for properties in proximity to where these stars are residing.

But they are also trying to entice businesses as their platform will be able to act as a virtual area to host events and services, strengthen the fan-artist connection, and raise brand awareness. Payment will be via Staramba.token, the company’s ERC20-compliant digital currency.

The 4-year-old company has seen quite the success since its inception in 2014, when it started with 250,000 euros: It has sky-rocketed to 16 million euros as of 2017. Besides using its 3D scans of stars to place on its platform, Staramba is also selling these digitalized models to software manufacturers interested in the design.

The company is going to host an initial token offering (ITO) to accelerate the implementation of its project. Whitelisting already began on May 23 and token sale will roll out on June 20, while public trading is slated for October. The company is accepting payment via USD, Ethereum, or Bitcoin.