AllStars Digital Announces AllStars Coin ($ASX) IEO, Lists on BitMart

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By listing the AllStars Coin ($ASX) on leading crypto exchange BitMart ahead of its IEO next week, AllStars Digital hopes to bring new sports-based digital asset trade and investment opportunities to millions around the world. Here’s why that matters and what to expect over the weeks and months to come.

AllStars Digital (ASD), the world’s first digital sports trading exchange, announced a new partnership with BitMart, a recognized leader in the cryptocurrency exchange space. BitMart has millions of customers in 180+ countries around the world and supports the trade of over 1,000 different crypto coins and tokens.

ASD has also announced its upcoming Initial Exchange Offering – IEO – in which a new utility token called AllStars Coin ($ASX) will be created. $ASX will be an important part of the ASD ecosystem and will be used for everything from paying trading fees, staking, and investing in digital assets to gaining access to exclusive NFT drops and both virtual as well as real-life events and collectibles. $ASX will also be used in ASD’s fantasy sports leagues, the ASD Metaverse, and ASD-based decentralized applications (dApps).

By listing $ASX on BitMart and providing access to this utility token to new users around the world through the upcoming IEO, ASD hopes to bring the benefits of sports-based digital asset trade and investment to fans of the world’s most popular sports, starting with cricket, football, and basketball, and even e-sports, with more sports, brand engagements, and activities to come.

How the Technology Works

AllStar Digital uses proven quantitative computation and valuation indices in conjunction with blockchain to transparently and accurately place dollar values on the performance of sports athletes. Instead of restricting sports fans and investors to betting only for or against specific players or teams, $ASX will allow ASD to provide a new generation of participants with access to an exciting range of speculation opportunities in markets that never previously existed.

The platform’s mission is to democratize trading on the performance of sports stars via a digital economy based on $ASX, a brand-new, blockchain-based token. ASD’s trading platform will launch in time for the FIFA football World Cup in Qatar in November, and the project already has key partnerships in place with other industry leaders (such as Aurora Chain for ensuring robust network performance, and BitMart for ensuring wide access to the $ASX utility token.

$ASX will also be used for a wide range of other platform services and functionalities. These include paying transaction fees, buying/investing in digital assets, participating in NFT drops, and staking and earning. $ASX will power ASD’s Metaverse as well and will be used in ASD’s fantasy sports leagues.

To facilitate user onboarding, ASD has released engaging product and utility token overviews. Interested parties – from fans and investors to traders and crypto enthusiasts – are invited to learn more about the project, participate in the upcoming IEO, and become early adopters of this groundbreaking new initiative.

You can find more information about AllStars Digital on their website, as well as on Telegram, Twitter and Instagram.