English name of Token:TokenStars
Ticker of Token: ACE
Chinese name of Token: N/A
Country of Incorporation: British Virgin Islands
Investors: Elena Masolova, Victor Shpakovsky, The Token Fund
Industry & Facts & figures:
Big industry: Celebrity management industry is $100+ billion market.
Market growth: more than 10% per year
Huge audience: 1 billion tennis fans across the globe
Description of the project:
ACE(Ethereum, ERC20 standard, non-mineable) is a utility token, designed to enable interaction between tennis fans, players (prospective talents & successful pros), advertisers, scouts and promoters on TokenStars platform. ACE tokens serve as a form of access to the TokenStars platform and its internal currency.
TokenStars disrupts celebrity management industry, by launching the first blockchain platform to connect stars, fans communities and advertisers.
TS solves 4 major problems of the industry:
1. TS provide financial support to young talents, later we receive fees (~20%) from the future players income.
2. We offer marketing promotion to the established tennis pro-players. TokenStars receives advertising commissions (15-30%).
Fees and commissions must be paid in ACE tokens.
3. Fans receive a wide range of exclusive options and products that allow them to participate, analyze, promote and connect with their favorite tennis players.
4. Advertisers provides advertisers an opportunity to access highly involved fan audience and increase the efficiency of campaigns by implementing advertising smart contracts.
TS platform will record in blockchain ledger the events of interaction between the participants, such as voting results, applications from the scouts, advertising clicks, earning or spending the tokens.
Total available supply: 14,476,036 ACE
Tokens in circulation: 9,420,803 ACE(2018/2/20)
Pre-sale start date: N/A
Pre-sale amount: N/A
Pre-sale price: N/A
Public sale start date: 10 Sep 2017
Public sale amount: USD 4.9M
Public sale price: 1 ACE = 0.0001BTC
8,685,636 tokens (60%) - token sale
2,895,200 tokens (20%) - team & advisors
2,895,200 tokens (20%) - community and network growth
Official site: https://tokenstars.com/en/ace
This document is compiled from the official whitepaper and relevant documents provided by the token team, to provide investors an overview of the token. The information in this document is collected through formal legal channels. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof, or evidence.