1xbit casino welcome bonus

tokenized celebrities tennis ico

ACE TokenStars ICO

Tokenize tennis celebrities

TokenStars ICO Information

Project Type/Platform: Erc20

Totally Coin/Token Supply: 165,000,000 / 99,000,000

ICO Start Date: August 31

ICO End Date: October 31

| | | |

whitepaper (pdf)

“ACE provides young aspiring tennis players the funding and promotion they need to have access to the best resources and get to the top of the sport, without getting discouraged and dropping out. – TokenStars

TokenStars ICO begins in...

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

Interview with TokenStars 

BitcoinChaser: What kind of problem, market deficiency or opportunity inspired you to launch your project?

TokenStars: The celebrity talent management industry is larger than many Fortune 500 companies and even many countries’ GDP (including EU countries), boasting over $40 billion in contracts under management. TokenStars’ new ICO aims to disrupt this market, which is currently dominated by a few key players, and share the newly-created value with community members. This is the first project to tokenize celebrities’ careers.

***

BC: How will TokenStars address this opportunity?

TS: Currently, aspiring players are limited in their means of financing their success. Some stars like Tiger Woods and Maria Sharapova were fortunate to have support from their parents, but many must depend on loans from friends and/or small grants from local sports federations or TMAs. This puts most of the decision-making power in the hands of TMAs, and lets many rising stars slip through the cracks. With the ACE Project, supporters can crowdfund the effort to find the best talent worldwide.

ACE provides young aspiring tennis players the funding and promotion they need to have access to the best resources and get to the top of the sport, without getting discouraged and dropping out. Successful women and men will earn prize money (less than $1m for a 400th-ranked player, $60m+ for a top-5 player) and celebrity status, which will then lead to sponsorship deals, which are roughly 5-10 times larger than the prize money earned over the player’s career. Talent sourcing and promotion will be handled by two separate decentralized entities: the Global Scouts Network and the Global Promoters Network. To find new talent, tennis coaches will be paid a referral fee which can be as high as their annual salary, which should provide a high-quality flow of candidates. The robust talent promotion stimulus (10% of the contract) is well within and above the market, and should provide a good flow of sponsorship deals to the players.

Key decisions will also be decentralized, using the DAO mechanism. A single biased sports agent relying on his gut feeling will not always make consistently good decisions, but a well-informed crowd that relies on analytical reports can be counted on to make decisions that will benefit everyone.

***

BC: How do you think competition will develop in this segment of the market following your ICO?

TS: We aim to change the way talent management industry works and hope that we’ll bring more new stars to all the verticals we’ll work in.

***

BC: For all those who have read your white paper (pdf)  and are still on the fence about investing in your ICO, what can you tell them that could lead them to invest in your project?

TS: The ACE Project and all following projects are designed to be of maximum value to all stakeholders. Purchasers of ACE product tokens will get unique opportunities to communicate with stars, get one-on-one training, VIP tickets and books, business endorsements well below market price, and more. Athletes will receive collective support from the community, which was previously impossible, and the decentralized key processes of scouting and promotion will dramatically lower costs and shift most of the created value to the community.

Everex ICO is live. Ends in:

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

SPARC ICO begins in:

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

TokenStars ICO begins in:

Day(s)

:

Hour(s)

:

Minute(s)

:

Second(s)

Discover more ICOs 

 

UTRUST: a payment platform that empowers buyers & sellers

  UTRUST ICO A payment platform that empowers buyers providing a groundbreaking purchase protection mechanism "We are the only payment platform that provides a protection mechanism in crypto payments, allowing you to pay with confidence. We minimize the risk of fraud,...

Aventus: event ticketing solution built on the Ethereum Protocol

  Aventus (XGM) ICO Event Ticketing Solution built on the Ethereum Protocol "Due to the sheer number of ticketing applications available to consumers there is enormous confusion as to whether a purchaser is purchasing a ticket on the primary or secondary market....

Viberate: a decentralized live music marketplace

  Viberate (VIB) ICO A decentralized live music marketplace "Currently we’re like IMDB for music, because our musician profiles feature everything that matters in a musician’s career. But soon we will upgrade Viberate with booking services, allowing musicians to sell...

DentaCoin: The Future Of Dental Health

One of the most interesting use cases for blockchain technology is healthcare. Within that field, dentistry often attracts much less attention than other areas. With standards and engagement levels for dentistry varying from jurisdiction to jurisdiction around the...

Xaurum Gamma: a commonwealth of the first crypto smart-street

  Xaurum Gamma (XGM) ICO A commonwealth of the first crypto smart-street "Xaurum Gamma opens the real-estate business to the small investors and makes it possible to participate with small capital investments. Using blockchain and Xaurum economic mechanisms, the...

Blockchain Aero: proof of flight for mass urban aviation

  Blockchain.aero ICO Proof of flight for mass urban aviation "The decentralized mass urban ridesharing aviation system blockchain.aero will reduce or remove entry barriers for aircraft manufacturers and small infrastructure elements providers to the market worth 2...

LUXICO: coin for the world of rich and famous

LUXICO Coin for the world of rich and famous. LUXICO information: Platform: Ethereum Totally Coin/Token Supply: 5,000,000,000 (900,000,000 ICO and 100,000,000 token presale) ICO pre-sale start date: August 14 ICO pre-sale end date: August 25 Currencies Accepted: ETH...

Are you interested in this ICO? Let us know in the comment section below. If you would like discover more ICOs, head over to our Initial Coin Offering hub for a full list of upcoming and live token sales.

BitcoinChaser Staff

Here at BitcoinChaser.com we live, breathe and write about Bitcoin and cryptocurrency. Interested in being featured? Give us a shout!

More Posts

Pin It on Pinterest

Share This