As we approach our mainnet release (beginning of September), we decided to update our Litepaper. Hopefully, the information provided answers most, if not all, of your questions. Feel free to join our Discord community to chat with our team and other community members as well.
With that being said, let's get to the good stuff.
Last updated August 2021
At AthleteX, our mission is to provide a way for people to invest directly into the performance of their favorite athletes. AthleteX Markets is a decentralized exchange and issuance protocol for Athlete Performance Tokens. The protocol supports mints, burns, and swaps…
It’s been one heck of a week for the AthleteX community.
After two successful integration announcements with Chainlink and SportX, we couldn’t think of a better way to top it all off than with the first testnet release of our trading app!
In case you are unfamiliar with the terminology, our testnet app is the predecessor to our mainnet launch. Similar to how software and video game companies launch alpha and beta versions before releasing their final product.
So what exactly does this mean for you?
We’re glad you asked.
The purpose of our testnet process is to get our…
AthleteX Markets is excited to officially announce that we will be upgrading our oracle mechanism to industry-leader Chainlink to access high-quality sports data within our synthetic asset issuance and decentralized exchange (DEX) protocol on Polygon. Chainlink’s sports data will enable the creation of Athlete Tokens — collateralized synthetic tokens that represent specific athletes, with values pegged to individual performance data.
We selected Chainlink as our go-to oracle provider because it’s the most flexible and time-tested oracle solution in the industry, already securing tens of billions in dollars of value for leading blockchain projects. Chainlink Data Feeds not only allow us…
As our development team finishes up the final touches of our TestNest application, we felt it necessary to address some frequently asked questions within our community. So here are our answers to some of the most common questions along with links to helpful resources.
What is AthleteX?
AthleteX is a platform where you can speculate on athletic performance. Using your edge in sports, you can buy, sell, and trade Athlete Tokens. Athlete Tokens are digital assets that represent the value of athletes based on their in-game statistics. This means that Athlete Tokens appreciate or depreciate in value based on how…
So you like sports? Awesome. You probably have a favorite league and team in mind, but let’s focus on your favorite athlete.
Now think about this for a second. Why is this athlete your favorite?
It’s usually because they perform. They are the best in their league and push the limits of athletic performance, setting the bar higher and higher every game.
So with this being said, if you could invest in your favorite athlete’s performance would you do it?
If your answer is yes, you are definitely not alone.