SINGAPORE, Aug. 10, 2017 /PRNewswire/ -- ICOBox, the premier SaaS provider for conducting coin offerings, today announced TokenStars' ACE to be the first publicly announced customer for its Box Solution.
TokenStars is the first blockchain talent management agency with decentralized talent scouting and promotion aiming to disrupt athlete management industry. Currently, top-10 talent management agencies have $25.3 billion in contracts under management, $1.19 billion in yearly commissions and 3,731 years of contracts signed, according to TokenStars' source.
TokenStars seeks to provide funds and promotion resources to young tennis players with its ACE token sale while giving token holders a chance to lock in favorable deals in sports marketing and athlete access years before gifted youngsters reach their full earning potential.
TokenStars is using all three components of Box Solution: platform, legal and marketing. Besides relying on ICObox for its book-building platform, a smart contract (which drives the ACE token) and a token management system, TokenStars is using both legal and marketing support modules for developing its main project information sources, ACE marketing strategy, and advertising.
"TokenStars is the first of many startups that ICOBox is going to help with its Box Solution," said Nick Evdokimov, ICOBox co-founder, and Vision Director. "The mission of ICOBox is to provide startups' ICOs with the assurance of professionalism and regulatory compliance, to help them avoid cost overruns so that they can focus on executing their business model. In this case, we at ICOBox are thrilled to help TokenStars execute its business plan that in the end helps talented kids – aspiring tennis athletes from around the world – to follow their dreams into the professional sports arena."
According to TokenStars, owners of ACE tokens buy into TokenStars' platform that offers significant discounts in future endorsement contracts and access to athletes once they reach international celebrity status in exchange for helping TokenStars offset some of its costs as they provide much needed professional services that young tennis players need to endure to advance in this sport. Successful tennis players earn between $20 million and $110 million over the course of their careers, and token holders are going to get a chance to sign such high-value contracts (among other perks) at a significant (on average 75 percent) discount. TokenStars aims to attract $15 million via the ACE token sale to both help young athletes with early professional expenses and enable token holders to tap these athletes for services at a significant discount in the future. TokenStars hopes token sale proceeds could support at least 20 promising tennis players and 2-5 professional players, as well as sign several full-time coaches and may be a small academy for ACE juniors.
"TokenStars is aiming to disrupt traditional talent management industry, decentralizing it and sharing the value among the community. Although TMA market is bigger than the GDP of Serbia or Cyprus, it still doesn't have a standardized platform to evaluate junior players," said Pavel Stukolov, TokenStars CEO. "With the ACE token sale, we'll fix this industry deficiency."
Before blockchain, only sports industry insiders could pick the next Maria Sharapova and Cristiano Ronaldo when they were 9 or 12 years of age and partake in their success, TokenStars say. Now, TokenStars and ICOBox extend this opportunity to every owner of the ACE token.
To facilitate this, TokenStars has put together a dream team. Founded by Pavel Stukolov, a Russian entrepreneur with a strong high-tech and financial background, the project brings together a unique advisory board of star tennis players, global top coaches, and scouts, who have a deep knowledge of the industry. The advisors team includes players like Anastasiya Myskina, No. 2 in WTA ranking, Roland Garros champion (Grand Slam tournament), the winner of 2 Federation Cups and 21 international tournaments, and Elena Masolova, Forbes top-30 Internet entrepreneurs.
More information on ACE token sale is available on ace.tokenstars.com
More information on ICOBox services is available on icobox.io
This press release does not constitute an offer to sell or the solicitation of an offer to buy ACE tokens, nor shall there be any offer, solicitation or sale of the ACE tokens in any jurisdiction in which such offer, solicitation or sale would be unlawful. ACE tokens don't give their holders any equity rights nor do they guarantee a share of the companies' profits or players' income. The profits will not be used for direct payment to token holders. Some part of profits might be used for buying back and burning tokens if deemed necessary by the ACE organization, but not sooner than Q1 2018.
Founded in 2017, ICOBox offers fixed price SaaS and consulting packages to projects seeking to sell their products and services via ICOs. ICOBox provides technical, legal and marketing services as part of its flat-fee packages. ICOBox was founded by three blockchain visionaries: Nick Evdokimov, a co-founder of SeoPult, an ex-CEO of AdInTop, and CEO and co-founder of Cryptonomos, Mike Raitsyn, a serial entrepreneur, and Anar Babaev, Head of Digital Marketing at Cryptonomos. Details on ICOBox can be found at www.icobox.io Details of ongoing ICOS ICO can be found at icos.icoboc.io. For more information or to submit project ideas, please e-mail email@example.com
TokenStars is the first blockchain company to massively tokenize celebrities. It aims to disrupt the talent management industry by decentralizing it and providing funds and promotion resources to rising stars. Starting with issuing ACE tokens for the tennis vertical, the company plans to expand with new verticals, including football, poker, basketball, hockey, cinema actors, musicians, and models. To learn more visit our website: http://ace.tokenstars.com and follow the project's social media channels on: Facebook Twitter Telegram Slack
Contact: Max Smetannikov, Irina Nazarova, MVG for ICOBox, +1 646 205 7030, firstname.lastname@example.org