Sportex Announces Incoming Collaborations For its Social Media-Marketplace Hybrid App
2024年7月16日 - 12:50AM
Sportex, an e-commerce and social media solutions provider with a
focus on the football industry, has announced that it will be
onboarding more high-profile collaborations to its ecosystem in the
coming months. This will expand its network throughout Europe and
bring the benefits of its app to more fans.
Sportex as a company specializes in developing custom apps which
are a hybrid of social media platforms and marketplaces for
football teams. On the social media side, fans of specific football
clubs can create profiles, upload content and connect with others,
whether one-on-one or in dedicated communities. Many football fans
already connect on generalist social media sites but Sportex is
giving them the opportunity to connect via a platform made
specifically for them.
The other half of this equation is the marketplace, which allows
merchants to list products and services that fans can choose to
purchase. In a similar vein to your typical e-commerce platform,
Sportex takes a commission from each sale, currently averaging
12%.
At the heart of this is the SPORTEX token, a Polygon-based asset
that underpins transactions within the app such as paying
transaction fees. Ownership of the token also gives users access to
voting rights and can be used to access premium features. On the
backend, the SPORTEX token has served not just as a means of
fundraising but is the medium through which the team members are
compensated.
The honing in on the football market is a deliberate choice
because, as Sportex management has noted, most football fans are
loyal to a single team for life. This, in turn, means that they
will be loyal to their team’s app for life, rare if ever using that
of a rival team.
This business model has proven to be successful thus far, with
Sportex boasting over 30,000 profiles on the app and over 5,000
transactions, with an average spend of 65 euros. Football teams
have also taken enthusiastically to the app, with 6 teams in
Romania testing the app. Now, Sportex has announced that it is in
discussions with a horde of international teams such as FC
Barcelona, Manchester City, Inter Milan, and so on.
Sportex expects to announce new partnerships in the coming
months, expanding both its app reach and the number of fans that
can benefit from its unique features.
About Sportex
Sportex is an e-commerce and social media solutions provider
with a focus on the football industry. Combining the power of
digital communications platforms, e-commerce, and blockchain
technology, Sportex has delivered a wealth of benefits to football
clubs and thousands of their fans across Europe.
Media Links:
Website: https://www.sportex.run/
Twitter: https://x.com/SportExRun
Telegram: https://t.me/SportExRun
Disclaimer: The information provided in this press release
is not a solicitation for investment, nor is it intended as
investment advice, financial advice, or trading advice. It is
strongly recommended you practice due diligence, including
consultation with a professional financial advisor, before
investing in or trading cryptocurrency and securities.
Marius Tudor
business at sportex.run