What is StarHOSPITALITY Membership?
StarHOSPITALITY Club (SHC) Membership is a paid membership program running from StarWORKS Global offering members benefits, discounts, and passive income at SHC venues.
How does the program work?
SHC consists of a 4-tier membership system, where each tier is determined by the specific amount of SHC tokens a member holds. The higher the tier, the more benefits and privileges members can enjoy.
What happens after I purchase SHC membership?
The tokens will be vested and the vesting length is varied depending on the tier that the use bought. The vesting length can be seen below;
Tiers | Vesting Period | ||||
---|---|---|---|---|---|
60 Days | 60 Days | 60 Days | 60 Days | 60 Days | |
Ruby $125 | 50% | 50% | |||
Gold $312.5 | 33% | 33% | 34% | ||
Diamond $3,125 | 25% | 25% | 25% | 25% | |
Connoisseur $12,500 | 20% | 20% | 20% | 20% | 20% |
What are SHC Tokens?
SHC Token is the native token of the StarHOSPITALITY Club project, built on a Decentralized Finance network and listed on PancakeSwap. It serves as the key to determining membership tier status within the SHC ecosystem. These tokens are primarily sold at starhospitality.club
What is the detail of the tier?
Ruby | Gold | Diamond | Connoisseur | |
Price | 100 STARXP | 250 STARXP | 2,500 STARXP | 10,000 STARXP |
SHC Token | 10,000 | 25,000 | 250,000 | 1,000,000 |
Benefits | 2x Complimentary drinks 2x Free Entry | 5x Complimentary drinks 10x Free entry | 5x Complimentary bottle Unlimited Free entry | 5x Complimentary bottle Unlimited Free Entry |
Rewards | 7.5% Cashback | 10% Cashback | 15% Cashback | 20% Cashback |
What is the difference between SHC Membership and another membership program?
SHC Membership goes beyond offering benefits and rewards; it also provides members with profit-sharing opportunities. Profits generated from each merchant are distributed to members, with the allocation based on their membership tiers.
What is STARXP?
STARXP is the reward currency used in the StarWORKS ecosystem. SHC Members can withdraw the currency or use them to redeem for transactions at the StarHOSPITALITY venues such as Rosalita's Cantina, The Social Seminyak, Red Ruby, and Bali Island Villa & Spa.
Will there be more new benefits to be added from the current benefits?
SHC Benefits will add more benefits as more merchants join the SHC network
How does the profit sharing work?
Members are required to stake their SHC tokens in the SHC App within 30 days at minimum. After the 30 days period, members will receive a proportional share from StarHOSPITALITY Group's operations. This income share will be distributed every month. Income sharing will vary depending on the tier users have. Income sharing will be distributed in STARXP
Additional 1% interest in staking
Member will be rewarded an additional 1% for staking their tokens with a minimum 30 days. The interests will be distributed in STARXP.
How to get my first SHC Membership?
Can I trade my SHC Tokens?
SHC Tokens are tradeable with other users. Members can:
How do I sell my tokens?
Your tokens can be traded once the vesting period finishes. Once your tokens are unlocked, there are three ways to trade your tokens: