To understand the StarsX platform, you need to imagine a space where users get to purchase and invest in various stakes and moves in a sporting game or event, connected with real-life statistics and data. The platform itself can be considered a Decentralized Exchange for Fractional NFT’s – that is, a space where active users can go to exchange and invest in the fractionable NFT’s relating to their proposed outcome.
We have then taken this one step further, putting our skills in the gaming industry to good use in order to build a crypto-economic game which is built upon the trading of virtual assets which link intrinsically with real-life performance and statistical data.
In essence, what StarsX presents is the ideal game for those who want to use their knowledge and understanding of the sport to win big – based on their aptitude for reading data and assessing performance.
The ecosystem of StarsX and its governance is hugely reliant on the digital utility token that we use to build the platform. We have chosen to create the StarsX token as a ERC-20 standard compliant digital token which works on the Ethereum blockchain, which rewards participants who use the StarsX platform. The StarsX governance token is referred to as STAX and it is this which is used to drive participation within the platform.
STAX holders and users will be those who interact with StarsX and who are invested and interested in helping us to shape the future of StarsX and its development. We want STAX holders to be a group formed from real-life and active users, which is why we have made it so readily available as a user-friendly token governance token.
STAX holders will help us guide the platform to its greatest potential through participation and experiments, covering everything from the implementation of new NFT markets, to changes in transaction fees, pricing standards, and other changes which will impact and change the user experience.
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