StarsX

StarsX

Created using Figma
Created using Figma
StarsX is an online community built around providing users with an exciting alternative to the traditional Trading platforms and fantasy sports leagues. By combining the two concepts, we use real-life data and statistics to drive a market where every move is reliant on real performance and sporting prowess of the user
Dec 15, 2020
Dec 15, 2021
100% completed
Raised funds - no Data
Cap 25 000 000.00 USD
past
  • 1 TOKEN
    =
    0.8 USD
Token Details
Total supply
100,000,000
Token Distribution
Ticker: STAX
Token standard: ERC20
Token price in USD: 1 STAX = 0.8 USD
Accepted currencies: BTC
Accepted Currencies
ETH
Company Details
Registered Country
Turkey
Additional Details
Platform
Ethereum
Categories
Platform, Sports

About StarsX

BOUT

When it comes to following and assessing everything in the world of sports, from game results to player statistics and trading figures, we tend to find that users want to be able to replicate the real-life experience in a setting where they can compete against each other and really find out how deep their sports knowledge goes.

Powered by Ethereum + Matic Layer 2 blockchains, the process provides users with an online trading experience whereby they can trade digital assets and communicate with other sporting fans and betters on a global scale. We envision a future where users move away from their TV’s and social media platforms, and instead head to StarsX for an inclusive and interactive ways of watching and responding to their favourite sports, and competing against other users.
Built off the back of the existing blockchain, the StarsX platform is owned by the community and so there is no single owner accessing the system from a central point; blocking users from accessing the platform or modifying the rules of use. Rather, the entire system is built for community use and is thus owned by every user individually.
This article considers the technical foundation of StarsX, alongside its economic and philosophical merits.

Decentralized Platform
Continuous Liquidity

Fantasy stocks can be acquired and sold back to the game at any time,managed by smart-contract.

Fantasy Sports
Real-life State

Prices influenced by real life data.
Outsmart other users leveraging your sport knowledge.

Digital Assets
Blockchain Technology

StarX uses the blockchain to provide transparency, decentralized, continuous liquidity and true digital ownership

GAME

StarsX brings you the best of both Blockchain and Fantasy Sports Worlds.
The game is build on set of smart contracts that interact with users, managing liquid stocks markets where you can trade any time

StarsX Roadmap

  • starsx Defi platform

  • 1. First, the real-life data and statistics are tokenized using the Fractional NFT methodology, giving users something to trade. These are called ‘Smart Tokens’.
    2. The tokens are managed using a bonding curve which automatically sets and adjusts the price of each share token based on supply and demand.
    3. When the user purchases a Smart Token, their payment gets added to the reserve balance of that token, and new Smart Tokens are issued to the buyer. What this means is that the reserve balance of the token will increase, as will the supply of that token, and so its price will increase too. When a Smart Token is then liquidated by the user, their username is removed from the supply chain, the reserve tokens are transferred back to the seller, and the overall token price drops again. It really is all about supply and demand.
    4. Of course, what this means is that the reserve price is constantly changing and fluctuating – and that’s where stable coin comes in as the common reserve token, designed to ensure that the price fluctuation of the reserve does not impact the overall price of smart tokens as a whole.

Activity

Followers:
415
VERY LOW
Tweets:
963
VERY HIGH
30 Days Growth:
Members:
1 481
LOW
30 Days Growth:
-149

StarsX Team

Verified 0%

Attention. There is a risk that unverified members are not actually members of the team

Moe Farmani
CEO
unverified

StarsX Last News

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