The possibilities don’t end there: even sports can see a new era of revitalization, as up-and-coming talent finds new ways to get funds for their training, and coaches, talent scouts, and fans get an opportunity to be a part of the process. A new ICO called TokenStars has bold plans to disrupt the 40-billion-dollar talent management industry, and will apply the blockchain concept to tennis, offering ACE tokens as part of the funds collection to tokenize tennis stars’ careers.
Elena Masolova, TokenStars investor backer and Forbes top-30 internet entrepreneur, explains, “Aspiring tennis players need approximately $100K a year to build a career. Some have to put everything at stake, just like Olympic medalist and 5x Grand Slam winner Maria Sharapova, who came uninvited from Russia to Nick Bollettieri Academy in Florida at the age of 9. Her father had to work as a dishwasher just to cover her bills. Later she earned $36.5M in prize money and $285M in sponsorship deals. With ACE, young players like Maria Sharapova can get funding help covering their academy costs, coaches, sparring partners, and tournament participation, as well as support in signing sponsorship agreements.”
The list goes on, but we believe that as blockchain technology continues to penetrate all spheres of life, everyone stands to benefit: banks, realtors, gamers, athletes, sports fans, and just about anyone else you can imagine. This is a trend that’s definitely worth watching