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Exciting news, TokenStars is preparing to launch a groundbreaking ICO to celebrate the careers of celebrities, using virtual currency blockchain technology to provide unique opportunities for everyone. Aspiring sports stars receive important funds to support their training, coaches and talent scouts receive attractive rewards to find promising talents, successful stars receive cost-effective sponsorships from popular brands, and investors (fans) can obtain ACE tokens, which can be redeemed for exclusive invitations, event tickets, and the opportunity to talk and train with their favorite stars.
There are over $40 billion in contracts under management. The celebrity talent management industry is larger than many Fortune 500 companies and even the GDP of many countries (including those in the EU). Sports are a big part of this industry. According to Pavel Stukolov, co-founder and CEO of TokenStars, “Currently, the top ten athlete management agencies have $1.19B in commissions per year, with 3,731 years of contracts signed.” The GDP of this industry is larger than Serbia, Bahrain, Brunei or Cyprus. ACE disrupts this market, decentralizing it and sharing the value among the community.
The first target of the ICO will be tennis stars (1 billion fans worldwide). Former tennis star and current coach Sergey Demekonen is a member of the TokenStars Advisory Board and offers the following insights into the ACE project: "Almost all tennis stars face the fundamental problem of lack of funds. Their sources of funding are limited by parental funds, loans from friends, and small grants from local tennis associations and talent management agencies. The top 10 TMAs, with more than $2.5 billion in management contracts, have a monopoly on deciding whether a person has a professional career. In the process, mistakes based on intuition are inevitable. As a crowdfunded project, ACE has the potential to disrupt the representative talent in the tennis world and protect new stars from being overlooked.
TokenStars has also received strong support from its first believer and investor, Elena Masolova, a Forbes top 30 internet entrepreneur, said: "Aspiring tennis players need about $100,000 per year to build a career. Some have to put everything on the line - like Olympic medalist and 5x Grand Slam winner Maria Sharapova, who came from Russia to attend the Nick Bolletelli Academy in Florida at the age of 9. Her father had to work as a dishwasher to pay her bills. Later, she won $36.5 million in prize money and $285 million in sponsorships. With ACE, young players like Maria Sharapova can get funds for academy expenses, coaches, boxing partners and tournament participation, while also helping them sign sponsorship deals.
She later earned $36.5 million in prize money and $285 million in sponsorship deals. Through ACE, young players like Sharapova can get funding for academic costs, coaching, sparring partners and tournament participation, and help sign sponsorship deals.”
The following infographic provides a visualization of the ACE lifecycle, showing the interests of all stakeholders:
Build Momentum
The TokenStars ACE ICO crowdsale was launched on September 10th, the day of the US Open finals. As the date approaches, key players are in place, a strong leadership team, marketing strategy and promotional contracts are already in place. Here is a summary of what has been achieved so far:
- Tennis stars and experts. At this year's US Open, TokenStars has signed Veronika Kudermetova, winner of 19 WTA & ITF tournaments. As well as Anastasia Myskina, WTA #2 with 2 League Cups and 21 International Championships. In addition, Sergey Demekhine, coach and talent discovery consultant, and Maya Kurilova, talent management consultant, both have an impressive list of achievements and are part of the project. In addition, 9 tennis players were considered as potential candidates in August alone.
- Signed a strong sports media partner. Partnered with a well-known sports media company that reaches an average of 1 million users per day. According to conservative estimates, it will bring in 250,000 unique users who are interested in sports and supporting athletes.
- Good progress on advertising contracts. Negotiations are continuing successfully to sign advertising contracts for star players. A contract of approximately $82,000 is expected to be completed in September.
- Exciting news coverage. TokenStars has been featured in media such as HuffPost, Forbes, and TokenStars Inc., and its online reputation continues to grow.
- International roadshow planned in September. Large investors and monetary funds from all over the world are attracted by this unique opportunity. In September, TokenStars will hold roadshows in Beijing, Shanghai, Guangzhou, Shenzhen, Hong Kong, Singapore, Seoul and Tokyo.
- Strict AML/KYC procedures are in place. TokenStars is in the process of completing the Know Your Customer module for website user accounts, which is a vital procedure to protect the bank accounts of token holders.
- More Sports Coming Soon. This profitable concept will also soon be brought to the football, poker, tennis and cyber sports verticals.
"Currently, the top ten athlete management bodies have $1.19B in commissions per year, with 3,731-year contracts," said Pavel Stukolov, co-founder and CEO of TokenStars. "This industry has a GDP larger than Serbia, Bahrain, Brunei or Cyprus. ACE disrupts this market, decentralizing it and sharing the value among the group."
Large pre-sale bonus for early investors
A few days before the ICO, TokenStars is offering special pre-sale terms to early investors. For a limited time, the pre-sale minimum purchase amount is 10,000 ACE tokens, which is just 1 BTC. In addition, the maximum purchase bonus has been increased to 50%, and the minimum pre-sale bonus is 15%. This special offer will last until September 9, 2017, the day before the crowdsale begins. Details on purchase amounts and bonuses can be discussed directly with the TokenStars founders at [email protected]. After the pre-sale phase, the ICO will be launched on September 10, 2017. During the ICO, the minimum purchase amount will be reduced to 100 ACE tokens.
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