Matt Cheng is the founder and managing partner of Cherubic Ventures, an early stage venture capital firm based in San Francisco Bay Area, Beijing and Taipei. Matt Cheng was the founding member and CSO at Tian Ge Interactive (1980: HK), China’s largest live social video platform. Matt has been selected as China’s “Top 40 under 40” list from 2013-2016 by Cyzone and top 20 early stage investor in China by China Ventures. Matt was a top-ranked ITF world junior tennis player.
Penta is a next-generation platform for both public and private blockchain projects, designed to be a premier platform for transferring value and operating high-performance DApps. STAYGE and Penta share business networks and investors in Korea and China and collaborate on joint marketing and projects.
DSP Media has produced many famous K-pop artists and provided record production and management since 1991. KARD, which is gaining popularity globally mainly in Latin America, is using the solution of STAYGE to operate the official website and the fan community. STAYGE will continue to expand the scope of business cooperation with DSP Media in the future.
Deblock is a VC firm and an accelerator jointly founded by ICON, the leading Korean blockchain protocol and AD4th Insight, a leading blockchain based marketing company. Deblock’s mission is to accelerate the global digital economy by discovering and incubating the entrepreneurs with the great talent. They invest in and accelerate various projects mainly running on the ICON ecosystem and the other protocols. STAYGE is the first portfolio project of Deblock.
AD4th Insight is a blockchain AdTech Company that leads the blockchain advertising ecosystem. STAYGE is working with AD4th to effectively market the blockchain project, and STAYGE is also cooperating with weBloc, the AD4th’s blockchain project, for the advertising business within the STAYGE platform.
Nomad Connection specializes in the development FinTech solutions based on blockchain and machine learning technology. Nomad Connection provides the enterprise-level blockchain solution and the high-performance machine learning data analysis platform for internal analysis to the financial sector. STAYGE is partnered with Nomad Connection to develop the stable blockchain based service.
ICON is a decentralized network of blockchain communities. In the ICON world, anyone can create a new blockchain project, and a newly created project will connect with other projects to create another world. STAYGE is a project based on the ICON platform and cooperates with ICON for the technical and marketing support.
Aaron Shin is a professional for investment who is in charge of the Managing Director and CEO of Ascendo Ventures LLC, an early stage venture capital fund based in Seoul, South Korea. Aaron Shin was the investment partner of Formation Group and invested in a concentrated number of early and growth stage companies. Aaron was co-founder and CSO of Blue Button and venture capitalist (senior associate) of Softbank Ventures Korea. Aaron graduated Seoul National University with a major of Computer Science.
DS Kim is in charge of CTO of AMO Labs and the Chief Director of APGC-Lab, a startup launch lab that incubates and accelerates startups of POSTECH, South Korea. DS Kim was CSO of Penta Security Systems and the Co-Founder of Cloudbric Pte Ltd. He obtained the Master’s degree from POSTECH for Electrical and Electronics Engineering.
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POSTECH Angel Club is an investment club that aims to discover the promising startup companies based on innovative technology and novel ideas. The POSTECH Angel Club invests in innovative startup companies including STAYGE and supports them to succeed in their businesses and to attract the subsequent investments.
After an artist has officially joined the STAYGE Network, the artist or service providers can sell the artist’s official product, and the fans can purchase them with STG or the ACT. In addition, if the fans produce their own unofficial merchandise within the community, Smart Contract will allow the artist to automatically settle a portion of the revenue. The artists gain new revenue streams, and the fans can enjoy the fun of sponsoring the artists with the new ways of fan activity.
In STAYGE Network, anyone can open a crowdfunding project and encourage other fans to participate in that project. Once a project leader is selected by the project community members, the project leader can get the project executive authority to the recruited funds.
Willy Kwon is a Chairman of Kermis D&C which is a KOREAN company, manages development and construction. He has completed and has been continuing to pursue various business ventures with great stability. He established Kermis D&C in 2008 since then he has been contributing to regional researches and developments. With his notable experience and knowledge, he helps STAYGE to make strong networks with the various investors and the capitals. Willy also introduces STAYGE to the world market.
James Jung is a Founder and CEO of ‘beSUCCESS’, which is Korea’s leading startup media platform, based in Seoul since 2010. It is covering news of startups and investor ecosystem and providing valuable information to startup and entrepreneurs. Since he founded beSUCCESS, he organized an event ‘beGLOBAL’ which is very well known one of best, Asia’s largest and most anticipated annual events for the startup and entrepreneurship ecosystem in Korea from 2012 to 2015, hosted by beSUCCESS. beGLOBAL was the only platform to being a stepping stone for Korean startups and help them reach a global market. Furthermore, beGLOBAL SEOUL 2014 was the first startup event available pay by bitcoin in Korea. He is very interested in supporting startups to succeed in the global market and wants everyone to have the same opportunity to work with global business partners when he was young. The meaning of beSUCCESS is not only his wish, his dream, his success but also all Korean startups. It is why he has started beSUCCESS and beGLOBAL.
Jinwoo Shin is currently an associate professor at the School of Electrical Engineering at KAIST, Korea. Jinwoo obtained the Ph.D. degree from Massachusetts Institute of Technology and George M. Sprowls (Best MIT CS Ph.D. Thesis) Award from MIT EECS Department in 2010. Jinwoo was the Postdoctoral Researcher of IBM T.J. Watson Research and Georgia Institute of Technology.
Hyun Oh is the Managing Partner of Deblock, Blockchain startup accelerator that founded to invest in blockchain startup and project which STAYGE also participate in. Hyun Oh is currently the CAO of AD4th and weBloc. He was the corporate venture capital of GS SHOP and the former manager as a new business developer and a software engineer at LG Electronics.
Tim Chung is a crypto-economist of STAYGE One. He participated in Economic System Design of STAYGE. Tim is Equity Derivatives Team Head of One of Top Investment Bank in Korea. Tim have 13-years experience in Finance Field, Specially quantitative financial engineering and derivatives trading. He graduated and obtained B.S. from POSTECH for a major of CSE and M.S. from KDI School for Asset Management.
Ryan is a founding member and a product manager at STAYGE Labs. For last 2+ years, he has designed products to solve problems in the entertainment industry collaborating with artists, business people in the entertainment industry and engineers. Before founding STAYGE Labs, he was a product manager in Contextlogic Korea. Ryan studied statistics and data analysis at POSTECH which is the top engineering University in Korea. He enjoys finding solutions based on logical thinking.
Eileen has been working in Management Support Team for 9 years. She worked at the educational companies, and startup accounting team previously. Eileen obtained a computerized accounting and taxation business certificate.
Kevin Han is a graphic designer at STAYGE Labs. He graduated from Sejong university majoring in cartoon & animation. From 2004 to 2007 He started his career as a graphic designer in Korea’s top game company Nexon Mobile. He was also a section chief in mobile game company Manapotion and Bluefi. He has a lot of experience completing projects and has a lot of knowledge about applications and web design. He is currently in charge of web design at STAYGE Labs.
Jaybe Yun is a professional software engineer. From high school to college he majored in computer game development and CE. He is an expert on client-side programmings such as mobile application programming and Web applications. He has a high understanding about implementing UI/UX design. He has finished many projects with high quality.
• STAYGE Labs / Software Engineer
• Kakao Corp. / Android Developer
• POSTECH / B.S. in CSE
Dennis majored in Computer science in POSTECH, and interested in front-end facing to user directly. He has a deep understandings in various UI/UX development while he developed the map application of ‘Kakao’, offering many services such as kakaotalk which is the top-used messenger in South Korea, game, commerce, and mobile contents.
Stanislav Ni is a professional software engineer and ex-entrepreneur. Made a startup with his friends in Uzbekistan. Worked on a server-side and more than 2 years work on a client-side. Created a lot of successful projects with a wide audience. He had his own business and has a deep understanding about client wishes.
Nick Yang majored in Science of Hotel Management in University of Nevada Las Vegas, USA. He has been working in Music & IT industry for 4 years including music platform service, music producing app, and IOT development as a global marketing and sales manager. He has been projected crowdfunding campaigns, initiated and managed various SNS channels, expended B2B sales and acquired contracts with major partners.
Yoon-jin Chang is the Board of Director of STAYGE One. Yoonjin is in charge of Co-Founder and Director of Corporate Development of LifeSite, committed to providing smart web-based solutions to help people store, organize, and access in life. Yoon-jin was the Venture Partner of Cherubic Ventures and KStartup. She had ‘Seon(善)’ on Miss Korea Beauty Pageant the 54th in 2010. She graduated Ewha Womans University and obtained B.A in English Literature & Economics.
Thomas Jeon is the Board of Director of STAYGE One. Thomas Jeon is the Co-founder & CEO of Nomad Connection and participated in the ICON Project. Thomas was the Operation Team Leader in Mpeon Asia and Software Engineer in Penta Security Systems. He graduated and obtained B.S. from POSTECH for a major of CSE.
NASSUN is a producer that has worked with famous female singer (Lee hyo-ri, Hyuna) and Hanryu girl and boygroup(KARA, Verygood, ACE, uptension). And he worked with famous K-pop stars like KARD, who is popular in Europe, USA, South America. He is Co-founder and CEO of AAP(All around players), an artist brand that creates an environment where artists grow sustainably, under the slogan ” Another Name for Dream ” He hopes that the irrationalities and problems of the music industry, that he has felt while working in the music industry for 19 years, will be solved through the STAYGE One and the blockchain technology. He is making “music for my enjoyment” even today.
KJ is a council member of ICON foundation and CEO at DAYLI Intelligence. KJ was previously a software engineer at the SecureSoft which developed South Korea’s first firewall ‘Suhoshin’ in 1996. KJ holds a BS in Computer Science from POSTECH.
Steve Cho has deep understandings in a variety of computer science and engineering fields such as a large-scale database, network protocols, and security. Steve Cho worked as a senior software engineer for KTDS, IT professional firm derived from KT which is one of the largest telecommunication company in South Korea. He has 10+ years-experiences with development and operation of customer & order management system for KT with more than 20 million subscribers. Steve was a software engineer at Oullim Information Technology, a network security company in South Korea providing full featured firewall/VPN products, for 3 years with contributions to adding functionalities of firewall engine such as kernel-level state synchronization via a multicast-based custom protocol between multiple firewalls, self-organizing load balancing without L4 switch. He graduated and obtained M.S. from KAIST and B.S. from POSTECH for a major of CSE.
Michael Baeg is a co-founder & CEO of STAYGE One. Michael founded STAYGE Labs which is a company behind STAYGE One blockchain project in 2016. Michael has invested in and a business development of startup companies in the United States and Korea through his career in a venture capital firm, Formation 8 Partners. Michael Baeg has an extensive knowledge and network of both IT and entertainment industry through his experience in gaming and media company.Michael is a well-connected person who has a wide range of experience at IT & startup industry over than 15 years as a software engineer, entrepreneur, and investor.Michael graduated from POSTECH, the top engineering university in South Korea with a major of Computer Science that alumni network has a great influence on a blockchain industry in South Korea.
STAYGE is an incentivized fan community platform based on the fair measurement and the compensation of the fans’ influence. Therefore, the ‘fan community’ is the foundation of the STAYGE Network.
Recruiting artists for business purposes is ultimately aimed at the artist’s fandom. Therefore, STAYGE Network, which has access to the fan data, will assist in choosing the artists that are optimal for the business purposes.
Allows the non-profit transference of the tickets between the fans, but the illegal large-scale ticket buying and reselling of the ticket tout can be suppressed by utilizing the STAYGE service structure and the blockchain technology. In addition, fans with a large amount of ACT can have the advantage to ticket purchases.
This White Paper is version 1.02.
Last updated on October 2018
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This One Pager is version 1.10.
Last updated on September 2018
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