TradeStars provides the next generation trading in fantasy sports by tokenizing real-world sports stars, allowing players to trade, invest and compete based on their performance against one another.
NEW YORK, NY / ACCESSWIRE / June 23, 2021 /TradeStars, the innovative Blockchain-powered fantasy sports trading game, is pleased to announce that it is launching on Mainnet on June 28th.
Overview
TradeStars takes Fantasy Sports to the next level by providing players with an exciting alternative to traditional Fantasy Sports / Sports Betting markets. By allowing users to trade and monetize fractional NFTs which represent real-life athletes, fans can use their knowledge to invest in specific sports stars and see their value go up or down based on actual performance.
The game is entirely managed by Smart Contracts on the Blockchain, which allows for fractionalized NFTs to be created for each athlete. The ability to split or fractionalize NFTs representing these sports stars is the key ingredient, as it enables secure partial ownership of assets. Instead of every user fighting over a single Lionel Messi, LeBron James or Mike Trout, TradeStars allows users to invest in fractions of these athletes; meaning opportunities to trade on top performers are massively increased.
Unleashing a new era of fantasy sport on the Mainnet
The TradeStars Mainnet launch follows on from the highly successful Testnet phase which took place in January 2021. Ongoing testing of the platform has taken place since then through the TradeStars community, seeking to uncover bugs and report general feedback ahead of Mainnet launch.
The TradeStars platform hosted over 32,000 users, who performed over 7,000 trades worth over $750,000 throughout the Testnet phase. It’s safe to say that the platform is all set, and ready to accept the next generation of fantasy sports fans.
Purchase & Trade Fantasy Stocks on the Mainnet
TradeStars Mainnet supports both fiat and crypto payments for purchasing Fantasy Stocks. Users will be able to deposit and withdraw both cryptocurrencies (USDT) and fiat (USD, INR and others) into their TradeStars wallets, and begin to purchase and trade the fantasy shares of their favourite athletes.
TSX is the utility and governance token of the TradeStars platform. Users are able to stake their USDT equivalent deposits in any of the TradeStars Fractional NFT Markets, get rewarded on the companys’ token, (TSX) in proportion to their stake and real-life performance of their fantasy portfolio. TSX can also be used to earn other benefits, such as staking opportunities to unlock new NFT markets or having governance power to decide on platform next development.
To find out more ahead of the June 28th Mainet launch, visit Trade Stars today and make sure to be there on day one – https://tradestars.app/
About TradeStars
TradeStars takes Fantasy Sports to a next level by providing players with an exciting alternative to traditional Fantasy Sports and Sports Betting markets. By allowing users to trade and monetize fractional NFTs which represent real-life athletes’ performances, fans can use their sports knowledge to invest in their favourite athletes, and see their value go up or down based on actual performance.
CONTACT:
Contact person: Christian Hentschel
Contact Email : [email protected]
Website – https://tradestars.app
Telegram – https://t.me/tradestarsOK
Twitter – https://twitter.com/TradeStarsO
I’m a cryptocurrency and blockchain technology writer. My work has been featured in major publications such as CoinDesk, Bitcoin Magazine, and VentureBeat. I’ve been a respected voice in the cryptocurrency community and my insights into the industry have helped shape its development.
