Place/Date: - September 22nd, 2017 at 8:41 am UTC · 3 min read
Source: The Token Fund
Aiming to support athletes and other talented people and later to capitalize on their success, TokenStars suggests a new decentralized approach to talent management. Buying project’s tokens gives an opportunity to vote for celebrities to be supported, to get rewards for recommending potential talents and for helping in their promotion.
The crowdsale running from September 10th to October 31st 2017. Other verticals are coming later this year, including football, poker, and cybersport.
“The raised funds will be used to connect and support aspiring celebrities. In case of their success, TokenStars receives agency commission, and token holders get access to benefits – training, tickets, meet&greet, endorsement opportunities. 4 weeks after the sale, token holders will also be able to sell tokens on exchanges”, says Pavel Stukolov, CEO at TokenStars.
The company has already signed a first young tennis player Veronika Kudermetova. TokenStars is also about to announce the first advertising contract of around $82,000 for professional players and is finalising ‘Know your client’ module aiming to protect token holders.
A tennis player himself, Viktor Shpakovsky, Сo-founder and Managing Partner of The Token Fund, sees a good potential for the project: “We have decided to support the TokenStars project because we see a strong team of professionals behind it. Those are people who know the mechanics of marketing in sports inside out and possess all the assets required to bring a product with a stable business model and solid financial potential.”
TokenStars is advised by a tennis star Anastasia Myskina, serial entrepreneur and founder at Groupon Russia Elena Masolova, ex-operational director at Octagon Maya Kurilova, founder at Synswap blockchain platform Oleg Abdrashitov, among others.
Investors have an opportunity to purchase additional tokens on a company’s website (https://goo.gl/GBxua7). On the first days of the crowdsale, an early bird bonus is available: up to 50% on token purchase plus 40% extra bonus for the first conversion of ACE into other verticals’ tokens.
About The Token Fund
Founded in March 2017, The Token Fund is one of the first Coin Traded Funds (CTF) on the market. CTF is a new form of a managed investment fund that fills its portfolio exclusively with tokens. The Token Fund holds a diverse and balanced portfolio of blockchain assets. Aiming to alleviate the risks of investing in a highly volatile crypto-market, it enables the investors to profit from the growth of the blockchain ecosystem as a whole.
For more information about The Token Fund visit thetoken.io
TokenStars is the first blockchain platform to tokenize people, including celebrities and athletes. It aims to disrupt the talent management industry by decentralising it and providing funds and promotion resources to rising stars.
The talent management industry is bigger than companies like Nippon Steel or ChemChina, or the GDPs of countries like Serbia (EU), Brunei, Bolivia etc. The project disrupts the huge incumbents’ business ($40 billion in contracts under management) and shares the created value among the community members.