About AllStars Digital
Millions of sports fans and traders now have access to an asset class they can trade with anybody in the world: tokenized assets based on players. These assets are also freely tradable around the clock, seven days a week, all year round, unlike the conventional financial markets which shut during non-business hours.
In addition, everyone can view the whole market, not just a small fraction of it. It is impossible for major institutions to manipulate pricing or alter market trends. Sports cryptocurrencies are transparent, interactive, and built for the next generation of traders who grew up with the internet.
Investment in non-fiat currencies is on the increase because of the inflexibility and high access cost of fiat currencies un all markets. AllStars Digital is certain that innovative alternative asset offerings that are uncorrelated, transparent, and exciting are the future of investing. These alternate player assets may be traded for conventional currency, virtual currency, commodities, stocks, and bonds, among other asset types.
How ASD It Works?
Digital asset success is now linked to the performance of the world's best athletes. Effective performance raises their asset price (e.g., tackle, pass, shoot on target, assist, or score). Poor play will lower their price (miss tackles, lose the ball away, allow goals, or get sent off).
This isn't a binary bet. It's an overall performance opinion considering all elements. Your favorite sport may pay off. If you think you know who will perform best, trade early to boost your P&L. Offer young talent a trade for a game, season, or career. Create a portfolio to share with friends and neighbors.
Four factors affect pricing. Price is determined by 500 data points per sport, including player performance. Ranking affects price. Top five contestants in each game win money, while bottom five lose money (out of the money). Players must perform at least as well as their peers or suffer a price adjustment.
Open interest or market sentiment may affect price, as with any exchange-traded asset. Real-world pricing may lead the market to trade above or below the index.
About AllStars Coin ($ASX)
The sports trading industry is a billion dollar industry. Traditionally, players are traded in exchange for cash and physical assets. The AllStars Coin system is a new cryptocurrency that is revolutionizing the way you think about sports trading. Adrix, the company behind AllStars Coin, has developed a system for tracking player performance in real-time and calculating a continuous real-time index.
This index is then used to determine a real-time buy and sell price for each player on the AllStars Coin Exchange. This system allows traders to use their knowledge of the sports world to build trading strategies and profit from their predictions. You can buy or sell players at any time, or set limit orders to take advantage of price fluctuations.
By using NFTs, AllStars makes it possible for players to own pieces of valuable assets without having to fork over large sums of money in exchange for them. Instead of buying into an expensive player, you can purchase a small portion of that player's value by purchasing multiple player NFTs at once.
If this NFT is an MVP, you could be getting more bang for your buck than you would have if you had purchased the actual player directly!
The Allstars Coin Exchange Is A Secure And Easy Way To Buy And Sell Players
You can use the exchange to quickly complete in-game transactions, or you can buy and sell players for profit. To use the AllStars Coin Exchange, you will first need to create an account by clicking on “Register” in the upper right hand corner of the page. Once you have registered an account, you will be asked to log in before depositing any funds.
To deposit funds, you will need to send cryptocurrency from another exchange or your private wallet (you can also add funds with a credit or debit card). Once your deposit has been confirmed, you are ready to start trading!
To buy a player, simply click on their name along the left side of the page and enter the amount of currency you wish to spend. To sell a player, click on their name along the right side and enter how much currency you want for them.
You can also set limit orders by clicking on the “Limit” button and entering how much (if buying) or how much (if selling) you wish to receive for that player. Your order will remain active until it is executed or cancelled.
If you need update, visit at:
Website: https://allstarsdigital.io/
Telegram: https://t.me/AllStarsDigitalCommunity
Twitter: https://twitter.com/allstarsdigital
Discord: https://discord.gg/nhM79AcAes
Author
BTT Username: Valeriu Tudor
BTT Profile Link: https://bitcointalk.org/index.php?action=profile;u=3482212
BEP-20 Wallet Address: 0x40620B0591eE9A34Ef28Bf1b338AFde94307c137