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TradeStars tokenizes athletes' performance
Tool TradeStars issued a new token, which you can confidently say is different from all the others. Tokenized because they were achieved by athletes.
The new face of sports betting betting
Tokenization of sports performance undertaken by the team TradeStars, aroused great interest in the community cryptocurrencyand among sports fans. The new token will enable them to earn on sports results. tokenization athlete performance will be carried out with the help of Fractional NFTs (Non Funginle Tokens). Users will be able to bet on sports results through them. The system of new tokens is characterized by high dynamics and is based on supply and demand. Their course depends on the results achieved by the athletes.
TradeStars sports token attracts thousands of users
The TradeStars platform, a decentralized trading platform, was launched in January this year and now has over 30. users. The sports TSX token is becoming more and more popular. At the same time, TradeStars was the first to introduce the Fractional NFTs system, which consists in the fact that DeFi economic incentives are linked to real statistical data, and modern solutions allow only partial NFT ownership.
Innovations
According to one of the representatives of Trade Stars, the platform team decided to use the ERC-20 standard to represent individual fractions of the NFT token, and to ensure the possibility of setting a price for it and maintaining the supply of these shares, depending on the supply and market demand. Statistical performance indicators are expected to be a factor influencing the determination of the final NFT share price.
They could also impact dividends in the form of TSX, on which supply and demand help confirm the new price. It should also be added that TSX token holders will receive a portion of the fees associated with the Tether (USDT) platform, while in fact it is based on both Ethereumand on Matic. This solution allows you to prevent the block chain from being overloaded with various types of transactions related to the operation of the system. This in turn will result in lower fees.
