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Staika NFT Market (planned)
Business model based on sales of virtual assets NFT items
It is very convenient because users can purchase products with NFT rewards earned from M2E and P2E services, without having to exchange the rewards for cash.
NFT Reward Items
NFT linked to branded items
NFT through upcycling
Staika service users can ungrade/synthesize free basic items or purchase items that provide better rewards to increase their mining compensation rate. When purchasing items from affiliated/in-shop brands that are linked to M2E and P2E services, NFT items are airdropped to help attract new users. Those airdropped NFT items also can be upgraded/synthesized and can be traded at the Staika NFT marketplace.
Users can purchase real products and related NFT items with the rewards earned from Staika services, and it creates virtuous cycle in the token economy. In this case, because users can purchase physical products right away without having to cash in the rewards, it can not only increase the convenience and satisfaction of Staika service users, but also promote the sales of affiliated/in-shop brands. Brands will pay 10% of sales revenue or 3-5% of the unit price as a commission, and the commission for payment with Stika token is scheduled to be 1% to 1.7% of the sales price.
Users can apply for trade-in-upcycling service for their used outdoor products at the Staika NFT Marketplace. We plan to establish regional bases through partnerships with upcycling workshops and related associations, and limited edition products and custom NFT items will be created through upcycling. Those who apply for a trade-in can generate additional revenue through NFT auctions. Trade-in fees can be paid in Staika tokens up to 30% of the actual product.