I made a stand (which I call a tree by the way even though it doesn't resemble one). Ok, my husband made it, but I was helping. It is not like this one on your picture but maybe it will be some inspiration for you.
Before it had only dowels, now it is reconstucted and it is still work in progress.
I have birch branches, which are put with screws to the main stick (a mop stick to be exact). In each of the branches I drilled a hole (my husband did, but I was bringing him tools), so I could hand toys and not be afraid they will slip from the branch together with Edgar.
I'm waiting for apple branches to add some more.
Here is the bottom of the stand. I bought small coffee table with wheels (they can be blocked). What you see on the top of the table is heavy wooden cutting board. The main stick is put in place with a big screw and some nails and additionally stabilized with this wooden thing (part of the old toy). The cutting board is put in place with the nails.
I would really like to have this java tree stand but they are so expensive, that even if I had the money, it would still hurt me to spend it on such a stand.