TradeStars Mainnet, The Olympic Torch, is Going Live on 31st August

Anshul Pareek
TradeStars
Published in
3 min readAug 13, 2021

Dear Community,

We’re grateful for your support and resilience as we prepare for our big mainnet launch. We regret that our dates were postponed due to unforeseen circumstances, but as we rose to the occasion, we felt stronger and more confident about the launch.

We won’t keep you waiting any longer. Save the date — the Olympic Torch version of TradeStars Mainnet to launch on 31st August.

TradeStars

TradeStars is a platform for trading Fantasy Stocks which represent the real-life performance statistics of athletes. Since the value of these stocks is tied to the on-field accomplishments of the underlying asset (athlete), users can use their sporting knowledge to identify and purchase Fantasy Stocks of athletes which promise the most potential upside.

TradeStars gamifies DeFi economic incentives with a fantasy stocks platform where users can express their passion for sports, compete against each other with true digital ownership, transparency, liquidity, and decentralization.

It rewards the sports fans for their knowledge. With a unique trading experience tied to sports real-life performances of the athletes, TradeStars implements a new concept based on Fractional NFTs.

TradeStars Testnet Launch

The TradeStars Mainnet launch is preceded by our successful Testnet evaluation phase in the month of January.

We were astonished by the overwhelming participation and support from the community in the Testnet. In just a span of 4 months, 32,000+ users explored and evaluated the Testnet, performing 7,000+ transactions worth over $750,000+ in the process. The feedback we received from our community helped us improve the platform significantly and get the Mainnet in shape for deployment within time.

TradeStars Mainnet Features

TradeStars Mainnet will be powered by the Ethereum and Polygon blockchain and will enable users to trade digital assets that represent real-life events and athletes’ performances.

The Mainnet will support crypto payments and to start with only USDT deposits for Stock Purchases. Right from launch, users will be able to withdraw crypto currencies (USDT) from their TradeStars wallets, in order to purchase and trade the fantasy shares of their favourite athletes.

Here are its main features:

  • Instant and gasless transactions
  • Liquid, fractional NFT markets
  • AMM for seamless assets price discovery
  • Community governance
  • User-friendly, API and UI
  • Multiple assets, cross blockchain support (Ethereum + Polygon)

Early User Benefits

We’ll announce the Warm Up Rewards Campaign Winners of our Testnet Program on the day of the mainnet launch. We will introduce several referral programs and reward campaigns to convey our sincerest gratitude and support of our community.

Before we conclude, let’s quickly remind you that the launch date is just about a fortnight away and we promise it’s going to be better than you could ever imagine. So, gear up and join is for the most-awaited mainnet launch on August 31.

Keep a close eye on the announcement channel for more updates.

Website | Whitepaper | Telegram | Medium | Twitter

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