TradeStars
A fantasy sports platform powered by the Ethereum blockchain where users can own, create, trade and monetize digital asset.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
$1.7m | Seed | ||
| Total Funding | 000k | ||
| USD | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 |
| EBITDA | 0000 | 0000 | 0000 |
| Profit | 0000 | 0000 | 0000 |
| EV | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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TradeStars is a unique fantasy sports platform that allows users to trade shares based on the performance of their favorite athletes. Operating in the web3 space, TradeStars combines elements of fantasy sports and stock trading, providing a novel experience for sports enthusiasts. Users can build a portfolio of fantasy stocks, each representing an athlete's performance, and trade these stocks in real-time as the athletes perform in actual games. The platform currently supports cricket and football (soccer), with plans to expand to other sports. TradeStars generates revenue through transaction fees on trades and entry fees for daily contests. The platform serves sports fans who are interested in both fantasy sports and financial markets, offering them a way to leverage their sports knowledge for potential financial gain. Key features include real-time trading, a points system based on real-life performance, and weekly rewards for top performers. The market operates similarly to traditional stock markets, where the value of shares fluctuates based on athlete performance and popularity. TradeStars ensures the security of user transactions with multiple payment options and robust data protection measures.
Keywords: fantasy sports, athlete shares, real-time trading, web3, cricket, football, portfolio management, daily contests, performance-based rewards, financial markets.