NewStar aims to build a new economic system for the large cultural and entertainment industry, with a decentralized evaluation value sharing agreement as the core to create a true decentralized benefit distribution system for the industry, fully protecting the creation and copyright of content creators, and the contributors within the entire ecosystem can also receive corresponding returns through value output.NewStar Token (NST) is an ecological token designed for user behavior and changes in the economic form of the internet celebrity industry in the ecosystem of the internet celebrity chain. In addition to being able to engage in crowdfunding, consumption, rewards, gift brushing, and other activities within the platform, NST also allows users and merchants to synchronously use tokens for transactions. Consumers also need to use tokens for payment when consuming from merchants in the ecosystem, and can also be used to invest in high-quality internet celebrities and content producers. The identity data embedded in each video and channel is conducive to relevant security monitoring. The initial form of NST is the ERC20 smart contract token issued by the Ethereum public chain. Later, it will be converted into the original encryption token of the network red chain 1:1 after the main network of the network red chain is launched.
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