Kyrrex Sport: Introduction and Features

Kyrrex Sport is a unique platform that brings the power of talent tracking to the blockchain. We offer individuals across the world the chance to contribute to the growth and development of tomorrow’s sports superstars and earn income from it. Users on the platform can pick from a selection of budding names in various sports to invest in. As the young stars grow into elite athletes, so does the investment.

The blockchain space is awash with numerous schemes centered on NFTs and image likenesses but Kyrrex Sports’ flagship product brings a different proposition to the table. We connect young and promising sports professionals with fans of their sports, crypto investors, and gamers on one cross-platform application powered by our native KRRX token.

Imagine you could bet on a 15-year-old Lionel Messi before he properly burst onto the football scene and became arguably the greatest player of all time. Kyrrex Sport will provide an opportunity for you to discover the stars of tomorrow before they become stars.

How does Kyrrex Sport work

Kyrrex Sport will issue and promote tokens on behalf of the best sports talents of the age. Users will have the opportunity to accumulate tokens of their favorite prospect or experienced athlete through either the Kyrrex Sport Launchpad or in the open market.

The initial token offering for each tokenized player is only available through the launchpad and to KRRX stakers. Individual allocation will be determined by the ratio of committed KRRX to the amount of KRRX committed by all participating users.

KYRREX SPORT

• Scout the best and most promising under-the-radar athletes.
• Sign contracts for usage of digital image rights.
• Token presale allocation for KRRX users.
• Token launch on Kyrrex Launchpad
• Token trades freely on the open market.

A Marketplace for Digitalized Rights

At Kyrrex Sport, our wide and extensive scouting network comprise some of the best brains in football, padel tennis, and MotoGP. We conduct intense research to scout and sign some of the most promising names in these sports to our platform. We create tokens for each signed athlete, which can be freely bought and sold on the open market.

Our models present a fantastic opportunity for crypto users to benefit from a player’s journey to the top of their sport. The price of each token will be tied to the respective player’s performance and status in their sport, guaranteeing an asset that mirrors real-life in a visceral and fascinating way.

The Trading Fan’s Paradise

Kyrrex Sports exists to offer the sports-loving crypto trader an opportunity to create value from the sports they love. On this platform, you can mix business and benevolence with pleasure and secure happiness for yourself on all three counts. By investing in tokenized players, you make a play for the future, give them an income boost, and cheer for them on their journey to the top.

What’s not to love?

• Buy the tokens of your favorite players.
• Trade, gift or hold the tokens as you wish.
• Meet your heroes through various fan events.
• Win free NFTs and other giveaways

The Upcoming Athlete’s Dream

For enterprising and savvy athletes at the start of their careers, Kyrrex Sport offers a big opportunity to form a personal brand and grow it organically into a loyal and dedicated fanbase.

With economic incentives and a bigger popularity at play, the prospect will be motivated to put in their best efforts to achieve the next level and reward the investors for their support and belief.

· A personal token with the prospect’s name as the ticker.

· Opportunity to interact with fans through live sessions both online and offline: Meet & Greets, AMAs, autograph sessions, etc.

· Feeling the thrill of contributing to the happiness of thousands of users simply by performing well and generating demand for the token.

· A share of revenue from token sales and related products based on the athlete’s image rights.

· Opportunity to launch exclusive NFTs of personal career highlights.

A Blockchain Gamechanger

Kyrrex Sports is poised to shake up the blockchain space and expand the limits of what is possible. It positions talented upstarts and influential athletes alike to monetize their popularity and performance. Normally, income from shirts and player figures mostly go into the club or team’s coffers. With the new innovation by Kyrrex Sport, players in all sports can earn directly from their fame.

Kyrrex Sport Player Tiers

To give our athletes and users the best experience, we grade our tokenized individuals into three tiers. The tier an athlete lands in is determined by their current age, level and achievement within their respective sport. The tier also determines the starting price and initial valuation of a token.

Innovative Revenue Sharing

At Kyrrex Sport, we believe in the supremacy of the athlete over all else. Without the individuals who put their body on the line every day and give their all to entertain us, there wouldn’t be any sports to get excited over or make money from.

Our revenue sharing formula follows this principle by reserving the largest share of token sale income to the tokenized player. The athlete will, irrespective of their level or tier, be entitled to 60% of all sale proceeds. The rest will be used for scouting and operational costs and charity initiatives.

Kyrrex Sport P2E Fantasy Football

Kyrrex Sport creates extra utility for its tokenized products by making it the centerpiece of an all-new P2E fantasy football game. Users can stake their player tokens to participate in the game, giving it a unique spin on the stake-to-play concept.

Just like real-life football, the game requires 11 players—in this case, 11 different tokens. Users can form teams of 11 to square off against one another with KRRX tokens and special-edition NFTs on offer. Results will be decided by the comparative strength of individual tokens on each team and the real-world performance of the tokenized players.