Overview of Star Tokens and Platform

Famous sports stars have millions of followers around the world and are admired by all age groups globally. Their image and actions as a role-model contribute to their celebrity status and thus marketing value.

While social media was a big step towards a more personal relationship between stars and their fans, this format still stays one-sided: stars share various moments of their lives on social media and their followers can like or comment on them. However, the interaction stays very limited.

Tokenizing the relationship between stars, influencers, brands and fans allows for an innovative way for fans to support and have an impact on their sports idols. While the concept of fan tokens is well established by famous sports clubs that have issued their fungible tokens, Lympo star tokens focus primarily on individual athletes and their fan bases.

Lympo star tokens will unite the best of all worlds when it comes to fan interaction: NFTs and fan tokens. A star token is a fungible token of a sports star which allows fans to influence their stars by voting on specific actions and choices. In addition, the holders of star tokens can participate in polls and quizzes related to that particular athlete in order to win exclusive prizes.

From now on, world-famous athletes and sports icons will not only have their NFTs launched on the Lympo NFT minting platform, but will also have their own dedicated fungible tokens issued on the Lympo star token platform. We believe in a world in which all stars, influencers and brands will have their own tokens to interact with their follower base in a more gamified and direct way.