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    Boxing Champion Oleksandr Usyk Launches Tokenization Platform

    Latest News

    • Oleksandr holds the titles of IBF, WBO, and WBA and the Olympic gold medal.
    • The Boxer has partnered with Qmall, a cryptocurrency alternate positioned in Ukraine.

    Heavyweight boxing champion Oleksandr Usyk has thrown his help behind a blockchain platform that intends to tokenize and promote the boxing sector. He holds the titles of IBF, WBO, and WBA.

    The Olympic champion has partnered with Qmall, a cryptocurrency alternate positioned in Ukraine, to create the “Able to Combat” platform. The blockchain-powered, browser-based platform allows boxers to tokenize their manufacturers, permitting them to draw investments and contributions whereas additionally offering a channel for the distribution of distinctive materials.

    Distinctive Platform For Boxing Followers

    Furthermore, Able to Combat presents an revolutionary strategy to bolstering and bridging the boxing sector at massive. The platform’s native RTF tokens are utilized in a tokenomics atmosphere. Qmall’s proprietary platform is being developed using a fork of the Ethereum blockchain.

    Moreover, the portal welcomes boxers and different gifted sportsmen to enroll. A million title tokens, every with a distinct ticker, are generated when a tokenized id is first shaped. Identify tokens for a boxer are locked till both the boxer reaches a sure fundraising purpose or an Preliminary Dex Providing (IDO) is carried out.

    A boxer’s income on the platform should be reinvested of their boxing title token inside 5 years. Services obtainable on the Able to Combat platform, in addition to Boxer tokens, might solely be bought utilizing RTF tokens, the ecosystem token. The Qmall alternate would be the place to purchase and promote RTF tokens.

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    Based on the Qmall group, their service mainly presents clients a share within the possible success of a particular boxer. The price of fighter tokens to RTF will rise or fall with the recognition of particular person fighters as their careers develop.

    The Position of Blockchain in Provide Chain Administration and Traceability

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