- Oleksandr holds the IBF, WBO and WBA titles and the Olympic gold medal.
- The Boxer has partnered with Qmall, a cryptocurrency alternate situated in Ukraine.
Heavyweight boxing champion Oleksandr Usyk has lent his help to a blockchain platform that goals to tokenize and promote the boxing business. He holds the IBF, WBO and WBA titles.
The Olympic champion has partnered with Qmall, a cryptocurrency alternate situated in Ukraine, to create the “Able to Combat” platform. The browser-based, blockchain-powered platform permits boxers to tokenize their manufacturers, permitting them to draw funding and contributions whereas offering a channel for the distribution of distinctive materials.
Single platform for boxing followers
Moreover, Able to Combat presents an progressive method to strengthening and bringing collectively the boxing business as an entire. The platform’s native RTF tokens are utilized in a tokenomics atmosphere. Qmall’s proprietary platform is being developed utilizing a fork of the Ethereum blockchain.
As well as, the portal invitations boxers and different proficient sportsmen to register. A million identify tokens, every with a distinct ticker, are generated when a tokenized identification is first shaped. A Boxer’s Identify Tokens are locked till the Boxer reaches a sure fundraising aim or an Preliminary Dex Providing (IDO) is made.
A boxer’s earnings on the platform have to be reinvested into their boxing identify token inside 5 years. Services accessible on the Able to Combat platform, in addition to Boxer tokens, can solely be bought with RTF tokens, the ecosystem token. The Qmall alternate would be the place to purchase and promote RTF tokens.
In accordance with the Qmall workforce, their service mainly provides prospects a share of a specific boxer’s probably success. The worth of fighter tokens for RTF will rise or fall with the recognition of particular person fighters as their careers develop.
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