“Starworks seeks to establish a Global network of entrepreneurial Affiliates”.

INTRODUCTION

In today’s fast-paced global business climate where the Internet dramatically changes the nature of how we work and interact with others, businesses need to be creative and dynamic in the way they respond to the challenges. At Starworks, with more than twenty years successfully operating in the Hospitality sector, we understand the changing needs of our Industry and are committed to designing and implementing the strategies you need to incorporate technology into your business to keep up with or move ahead of the competition. Whether thru state-of-the-art Internet advertising and marketing campaigns, client retention and loyalty programs, financial transactions, both operational and capital expenditure, or simply proven methods of traditional business operations, we’ve developed the Starworks Ecosystem, and its individual modules, to offer you the tools you need to progress and excel in today’s world.

Our team of software engineers, full stack programmers, design graphics staff, business entrepreneurs and marketing professionals will work with you. By presenting an extensive network of affiliates around the globe, language and cultural barriers will fall by the wayside as we create and implement campaigns to support our Affiliate programs.

Today’s marketplace is no longer bound by national borders, office desk bound limitations, moving currency or translating languages. Starworks Ecosystem is the answer to ensuring you can respond to this new reality, this new opportunity. By offering a wide array of solutions fostered by years of experience and a team of dedicated Blockchain technology professionals, we welcome you to find out how we can help you grow and exceed your every expectation.

WHAT IS THE STARWORKS AFFILIATE PROGRAM?

The Starworks Affiliate program is aimed at promoting and implementing the Starworks Ecosystem, initially the StarMEX Digital Exchange operation. The Starworks Affiliate Program business model is a hybrid combining the business activities of a Stock Brokerage, an OTC Broker Dealer and an Online Marketer.

An Online Marketing affiliation or referral program is an automated electronic program that involves placing the company's advertisements for its products or services on your individual website or social media platform. These ads on your website/s are linked to company websites and are referred to as affiliate links. When an online visitor clicks the affiliate link, the visitor is redirected to the advertiser's website and if the visitor makes a purchase, the affiliate is then paid a commission. A business model which sees Amazon and EBay, amongst many others, take advantage of great success.

The meaning of OTC is simply a security that is transacted “Over the Counter”, a trade by the Broker who negotiates directly with the buyer over either a computer network or by phone; using the tools/systems available.

In the USA the dealers act as Market Makers using the Pink Sheets or the OTC Bulletin Board to conduct and process the share trade transaction. Over-the-counter (OTC) trading refers to how the trading procedure of securities operates. Specifically, for companies that do not meet the requirements or it’s just not economic to seek listing on a formal Stock exchange, like the NASDAQ or New York Stock Exchange (NYSE), these trade OTC by way of a broker-dealer network.

Starworks has developed and operates the StarMEX Digital Exchange platform for and on behalf of its Clients and Affiliates, operating similar to the OTCBB, however restricted to a limited number of Digital Stocks or Tokens.

The Starworks Affiliate is an individual or a corporate entity approved by Starworks Global Pte Ltd to trade goods and services on its StarMEX Platform. The Affiliate becomes a member of a closed user group and initially will trade StarX, Starworks Utility Token; then StarXS, the Starworks Group’s Digital Share and ultimately Rewards Points, Commodities and Services.

An authorized and approved Affiliate is granted options to trade StarX Tokens in tranches of one hundred thousand (100,000) units. The profit on the trade becomes income or commission to the Affiliate. Hence, this can create a part time or secondary income or full time business for the Starworks Affiliate.

The number of Affiliates Globally is limited and is selected by certain defined criteria. No formal qualification is necessary, no security to be provided and no funds required to be invested by the approved and authorised Starworks Affiliate; merely the desire to earn an income in this new online market space.

In the future Affiliates will be able to trade StarXS Digital Share Tokens. These Tokens are revenue sharing digitized assets representing ownership in Starworks Global Pte Ltd and/or its associated businesses and investments. The Affiliate is also issued options to acquire StarXS Tokens much like the StarX Utility Token scenario above. These at certain strike price points. These can be traded OTC on the StarMEX digital exchange by the Affiliate. The Affiliate operates as a Broker Dealer for StarXS Tokens. Income is earned by StarXS Token holders and is deposited monthly into their Starworks E-Wallet in the form of StarX Utility Tokens.

Affiliate marketing has become a massive online industry over the past several years, emerging as an effective way for marketers to sell their products and services. At its heart, affiliate marketing is an online version of a sales structure that has been happening offline for decades. In its simplest form, it involves two simple components, a product or service to sell and an affiliate, or individual, with the willingness and ability to sell that product or service to a particular audience. Now, more than ever, with restrictions on mobility and the desire to work remotely, this type of business opportunity is gaining prominence.

Starworks Global Pte Ltd has a number of products and services it will make available to its affiliate network to market and sell for commissions, revenue sharing arrangements, fees and/or profit distribution, including:

The number of Affiliates Globally is limited and is selected by certain defined criteria. No formal qualification is necessary, no security to be provided and no funds required to be invested by the approved and authorised Starworks Affiliate; merely the desire to earn an income in this new online market space.

  1. Starworks Utility Token, StarX.
  2. Starworks Secured/Digital Asset Token, StarXS.
  3. Trading of StarX, StarXS and other Utility and Secured Tokens on Starworks, StarMEX digital exchange.
  4. Sale/Implementation of the Starworks Ecosystem or its individual modules to third parties.
  5. Commercialization and operation of StarPOWER and StarLISTINGS business modules within the Starworks Ecosystem; the sale of goods & services on the StarMEX platform.

STARWORKS AFFILIATE REQUIREMENTS:

The FIVE simple steps to becoming a Starworks Global Affiliate:

  1. To be interested in the application of Blockchain technologies in business and our private lives
  2. To be located within an available Starworks Geographic Territory or have a strong connection with the intended Territory.
  3. To be interested in and be able to operate the business of an OTC Broker Dealer for StarMEX, Starworks Global Digital Exchange, and be capable of providing financial advisory services associated with the Starworks Ecosystem platform to third party/s.
  4. Sale/Implementation of the Starworks Ecosystem or its individual modules to third party parties.
  5. To be able to appoint and manage up to twenty sub-brokers or agents within the designated Territory.
  6. To be able to purchase one hundred thousand (100,000) Founder status, digital shares in Starworks Global Pte Ltd.
Secure your future today, become a Starworks Global Affiliate. graham@starworksglobal.com

An Extract

Over-the-counter (finance)


From Wikipedia, the free encyclopedia

Over-the-counter (OTC) or off-exchange trading is done directly between two parties, without the supervision of an exchange. It is contrasted with exchange trading, which occurs via exchanges. A stock exchange has the benefit of facilitating liquidity, providing transparency, and maintaining the current market price. In an OTC trade, the price is not necessarily publicly disclosed.
OTC trading, as well as exchange trading, occurs with commodities, financial instruments (including stocks), and derivatives of such products. Products traded on the exchange must be well standardized. This means that exchanged deliverables match a narrow range of quantity, quality, and identity which is defined by the exchange and identical to all transactions of that product. This is necessary for there to be transparency in trading. The OTC market does not have this limitation. They may agree on an unusual quantity, for example. In OTC, market contracts are bilateral (i.e. the contract is only between two parties), and each party could have credit risk concerns with respect to the other party. The OTC derivative market is significant in some asset classes: interest rate, foreign exchange, stocks, and commodities
In 2008 approximately 16 percent of all U.S. stock trades were "off-exchange trading"; by April 2014 that number increased to about 40 percent.[1] Although the notional amount outstanding of OTC derivatives in late 2012 had declined 3.3% over the previous year, the volume of cleared transactions at the end of 2012 total US$346.4 trillion.[3] "The Bank for International Settlements statistics on OTC derivatives markets showed that notional amounts outstanding total $693 trillion at the end of June 2013... The gross market value of OTC derivatives – that is, the cost of replacing all outstanding contracts at current market prices – declined between end-2012 and end-June 2013, from $25 trillion to $20 trillion.

Stocks


In the United States, over-the-counter trading in stock is carried out by market makers using inter-dealer quotation services such as OTC Link (a service offered by OTC Markets Group) and the OTC Bulletin Board (OTCBB, operated by FINRA). The OTCBB licenses the services of OTC Link for their OTCBB securities. Although exchange-listed stocks can be traded OTC on the third market, it is rarely the case. Usually OTC stocks are not listed nor traded on exchanges, and vice versa. Stocks quoted on the OTCBB must comply with certain limited U.S. Securities and Exchange Commission (SEC) reporting requirements. The SEC imposes more stringent financial and reporting requirements on other OTC stocks, specifically the OTCQX stocks (traded through the OTC Market Group Inc). Other OTC stocks have no reporting requirements, for example Pink Sheets securities and "gray market" stocks.
Some companies, with Wal-Mart as one of the largest,[5] began trading as OTC stocks and eventually upgraded to a listing on fully regulated market. By 1969 Wal-Mart Stores Inc. was incorporated. In 1972, with stores in five states, including Arkansas, Kansas, Louisiana, Oklahoma and Missouri, Wal-Mart began trading as over-the-counter (OTC) stocks. By 1972 Walmart had earned over US$1 billion in sales — the fastest company to ever accomplish this. In 1972 Wal-Mart was listed on the New York Stock Exchange (NYSE) under the ticker symbol WMT.

Contracts


An over-the-counter is a bilateral contract in which two parties (or their brokers or bankers as intermediaries) agree on how a particular trade or agreement is to be settled in the future. It is usually from an investment bank to its clients directly. Forwards and swaps are prime examples of such contracts. It is mostly done online or by telephone. For derivatives, these agreements are usually governed by an International Swaps and Derivatives Association agreement. This segment of the OTC market is occasionally referred to as the "Fourth Market." Critics have labeled the OTC market as the "dark market" because prices are often unpublished and unregulated.
Over-the-counter derivatives are especially important for hedging risk in that they can be used to create a "perfect hedge." With exchange traded contracts, standardization does not allow for as much flexibility to hedge risk because the contract is a one-size-fits-all instrument. With OTC derivatives, though, a firm can tailor the contract specifications to best suit its risk exposure.

Counterparty risk


OTC derivatives can lead to significant risks. Especially counterparty risk has gained particular emphasis due to the credit crisis in 2007. Counterparty risk is the risk that a counterparty in a derivatives transaction will default prior to expiration of the trade and will not make the current and future payments required by the contract.[7] There are many ways to limit counterparty risk. One of them focuses on controlling credit exposure with diversification, netting, collateralisation and hedging.[8] Central counterparty clearing of OTC trades has become more common in recent years, with regulators placing pressure on the OTC markets to clear and display trades openly.
In their market review published in 2010 the International Swaps and Derivatives Association examined OTC Derivative Bilateral Collateralization Practice as one way of mitigating risk.

Importance of OTC derivatives in modern banking


OTC derivatives are significant part of the world of global finance. The OTC derivatives markets grew exponentially from 1980 through 2000. This expansion has been driven by interest rate products, foreign exchange instruments and credit default swaps. The notional outstanding of OTC derivatives markets rose throughout the period and total approximately US$601 trillion at December 31, 2010.
In their 2000 paper by Schinasi et al. published by the International Monetary Fund in 2001, the authors observed that the increase in OTC derivatives transactions would have been impossible "without the dramatic advances in information and computer technologies" that occurred from 1980 to 2000.[12] During that time, major internationally active financial institutions significantly increased the share of their earnings from derivatives activities. These institutions manage portfolios of derivatives involving tens of thousands of positions and aggregate global turnover over $1 trillion. At that time prior to the financial crisis of 2008, the OTC market was an informal network of bilateral counterparty relationships and dynamic, time-varying credit exposures whose size and distribution tied to important asset markets. International financial institutions increasingly nurtured the ability to profit from OTC derivatives activities and financial markets participants benefitted from them. In 2000 the authors acknowledged that the growth in OTC transactions "in many ways made possible, the modernization of commercial and investment banking and the globalization of finance."[12] However, in September, an IMF team led by Mathieson and Schinasi cautioned that "episodes of turbulence" in the late 1990s "revealed the risks posed to market stability originated in features of OTC derivatives instruments and markets. The NYMEX has created a clearing mechanism for a slate of commonly traded OTC energy derivatives which allows counterparties of many bilateral OTC transactions to mutually agree to transfer the trade to ClearPort, the exchange's clearing house, thus eliminating credit and performance risk of the initial OTC transaction counterparts.