An NFTs that is aimed on creating a fantasy stock market, has been created by TradeStars and it is the first decentralized exchange to create such.
As the fractional NFTs markets are being explored, a distinctive feature has been created by TradeStar and of which depending on their supply and demand as well as the figures of sports, the assets are price differently
In order to explore this new phenomenon, the tokenization of real-world assets through nonfungible tokens has created many platforms.
TradeStar is distinct from these other NFT platforms in that it is building an exchange whereby users can trade their shares of any NFT.
TradeStars will also track and represent real-life performances of any given event, considering that such events have an effect on the value of the shares. Users also have an opportunity to win payouts when they invest in the stock of a particular athlete, which will be influenced by the future performance of the athlete.
The platform’s unique approach was a key selling point to some of the investors with AU21 particularly impressed by the Tradestars ingenious approach to gaming. We are thrilled to partner with TradeStars as they introduce a revolutionary approach to fantasy sports. Sports markets play an integral role in the world economy and have served as a unifying force throughout the covid pandemic. TradeStars tokenizes real-world athletic performance and allows for enthusiasts of any sport to trade their favorite players and teams in a fully decentralized marketplace.