At its core, TokenStars is a talent spotting, recruiting and management agency. By using blockchain technology it will decentralize the scouting and promotion of potential future stars. Furthermore, it will use a Decentralized Community Voting (DCV) system for operational decisions such as giving additional funding to recruited prospects.
Phase 1 will see TokenStars launch its ACE project. This is designed solely for the sport of tennis. ACE Tokens can be purchased during the ICO and the funds generated will assist in identifying emerging talents as well as providing them with the financial support required to remain in the game. The recruited players will sign a contract with TokenStars in which they share a percentage of future earnings – thus creating revenue for TokenStars and its investors.
The next vertical (soon) to be launched is football; these tokens will be sold under the name GOAL Tokens. As the agency grows, other verticals will be added. Currently planned are: poker, cybersports (esports), basketball, hockey, actors (film and TV), and musical talents.
TokenStars will offer a general STAR Token so that investors can freely swap their sport-specific tokens and receive priority placements for new verticals when launched.
The potential of investing in real people is huge and TokenStars provides a host of benefits to both sides through its ACE Token offering. They include:
Many young athletes drop out of sport for financial reasons and their potential is never realized. ACE will help remedy this issue with funding. TokenStars/ACE also provides representation and promotion using experienced TMA industry personnel. It finds sponsors and brokers deals on behalf of its clients.
By utilizing a global scout network, talent-spotters will be rewarded so that they only bring the best prospects into TokenStars. The global promotion network will provide up to 10% of advertising and promotion contracts as its stimuli.
The basis of TokenStars/ACE is a proven business model which is operational in the talent management industry today so risk of failure is low.
ACE already has a number of expert advisors on board; they include the 2004 French Open Champion Anastasia Myskina, Sergey Demekhine who coaches Vera Zvonareva and Maya Kurilova – a specialist in tennis talent management with 11 years of experience.
Although ACE is a fresh start-up, it already has world number 66, Veronika Kudermetova, under its management. This is further evidence that the business model works and the people running this project are knowledgeable in the field of talent management.
ACE Token holders will receive privileges that money cannot buy; such as exclusive communication with the agency’s talented stars, one-on-one training sessions, VIP match tickets and much more.Visit website