ProBit Exchange has announced its new IEO platform known as Launchpad Premium. The idea is to offer advanced, accelerated IEO packages for selected projects. ProBit was an early mover in the IEO market and has executed over 30 campaigns involving multiple sellouts globally whilst offering investors security and projects competitive packages. They have provided strong guidance for potential launches for developers and investors alike.
Launchpad Premium will debut with SportX. SportX aims to decentralize and democratize IP pricing mechanisms within the sporting industry. They will allow both fans and athletes to play a prominent role in the decision-making process and deciding on revenue sharing tied to athletes celebrity value and their related merchandise, this should prevent price manipulation giving the best value to both athletes and purchasers alike.
Their token is called SOX and through a process known as the Players Token Offering (PTO) investors can stake their funds in the future success of a promising athlete. This will give the investors a future stake in the players intellectual property assets. Not only does the athlete get start-up capital required to develop their career but they get a guaranteed fan base with a vested interest in their success.
Investors and fans will even be granted voting rights for real-life player customization in situations such as goal ceremonies, physical appearance and possibly even strategic decisions on the field or in competition.
SOX tokens will also be able to be used to purchase exclusive fan merchandise, gain access to token holder only events and will play a role in determining the IP value as SportX wishes to use SOX to establish a fair market valuation system.
SOX will also potentially buyback and burn player tokens depending on their on-field performance which should ensure stable returns for investors. SportX will also provide detailed information that can be used to track platers values and potential investment opportunities. This will also give scouts and coaches valuable information that they can use too.
SportX is already headlined by major sports ambassadors including former soccer stars Luis Figo, Roberto Carlos, and Javier Mascherano.
SOX will be listed on June 17 at 18:00 KST following the same day listing policy that applies to all Launchpad Premium IEO’s on ProBit Exchange. This will provide swift and enhanced liquidity through its diverse trading ecosystem.
ProBit Exchange is able to support an IEO launch with more than 5 currencies, multiple sales rounds, differing bonus rates, and various lock-up structures. Probit Exchange has completed over 30 IEOs, raising millions of dollars. Probit Exchange claims to be the one stop shop for crypto startups looking to do fundraising, local and global marketing, and liquidity provision through the listing.