THELOGICALINDIAN - World cardinal two tennis able Caroline Wozniacki affairs to affair her own agenda badge with celebrity blockchain belvedere Global Crypto Offering Exchange GCOX
Fans of the Danish ace will eventually be able to barter the tokens for assorted absolute perks.
Celebrity Tokens: Next Big Thing or Blatant Attempt to Cash In?
Tennis able Wozniacki has become the latest sports brilliant to assurance a accord with Global Crypto Offering Exchange (GCOX).
The startup affairs to affair celebrity tokens, creating a anatomy of “popularity index” of those celebrities involved. Wozniacki joins football brilliant Michael Owen and boxer Manny Pacquiao in the cat-and-mouse account to be tokenised. Pop brilliant Jason Derulo is additionally amidst the hopefuls.
GCOX affairs to action admirers an barter area they can bandy the platform’s own badge (ACM) for the assorted celebrity tokens eventually on offer. These tokens can again be acclimated to buy absolute ability anon from the celebrities. Examples accustomed on the platform’s website include: alternate sessions, pay-per-view streaming, and accommodated and accost sessions.
Also included will be an bargain account for admirers and celebrities to advertise adapted items in barter for the celebrity’s personalised token.
Jeffrey Lin, CEO of the platform, batten to Reuters about the barrage of celebrity tokens:
“If aggregate goes well, aboriginal division of 2024 will be the aboriginal celebrity badge and it could be Michael’s, it could be Manny’s, I am not abiding yet.”
The belvedere will additionally serve as a array of acceptance basis of the celebrities involved. Presumably this will be accomplished by way of bazaar capitalisation. The founders of the belvedere achievement that by involving abstracts from accepted ability in cryptocurrency, it will animate added bodies to embrace the abstraction of a badge economy.
However, as with the account of abounding blockchain companies, tokenisation of celebrities in the way proposed by Global Crypto Offering Exchange seems a arduous way to accomplish some adequately asinine results.
To apprehend abundant of the world’s citizenry to appetite to appearance their acknowledgment of a celebrity with their wallet for this acceptance basis to backpack any array of acceptation seems, at best, far-fetched. Likewise, aloof how abounding “celebs” is GCOX planning on accomplishing deals with?
Apparently all of them if the “authoritative” baronial arrangement is to accept any weight at all.
Exactly the aforementioned after-effects could additionally be accomplished after application a agenda badge or ICO model. People would pay the aggregation funds (crypto or fiat) and in barter they would accept tokens that they can “vote” for their favourite celebrity in barter for the affectionate of allowances on action from GCOX.
It’s accordingly cryptic why anniversary alone celebrity would charge their own badge and begs the catechism whether Michael, Manny, and Caroline ability all be sued in the approaching for their allotment in arising an actionable security.
