Stryking Entertainment GmbH will host its upcoming STRYKZ Token Sale Event in collaboration with the Gibraltar Blockchain Exchange (GBX). Stryking will be among the first companies to issue a token through the GBX GRID, with the token being listed on the GBX Exchange after the end of the public sale. The public Token Sale Event is intended to start next month, on 15 June 2018, alongside the FIFA World Cup, and aims to raise a maximum of 20 m USD.
“We are glad to join the Gibraltar Blockchain Exchange platform to host our upcoming STRYKZ Token Sale Event. It is a great opportunity for us to use the existing network and best practices of the GBX’s institutional-grade platform,” opined Stryking Founder and CEO Dirk Weyel. “We firmly believe that certain due-diligence and background checks are beneficial for the crypto community, as they act as an additional security to increase the trust of potential token buyers.”
Stryking, a developer and operator of the Fantasy Sports platform Football-Stars, aims to tokenize its platform to create a more user-centric gaming experience. Besides an official Bundesliga license and partnerships with the German football magazine kicker and sportdigital.tv, Stryking recently presented football legend Luís Figo as the first official brand ambassador for Football-Stars. After having completed the rigorous application, with TGV as a Sponsor Firm, this collaboration marks the next milestone in Stryking’s token sale journey.
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The Gibraltar Blockchain Exchange, a subsidiary of the Gibraltar Stock Exchange (GSX), a EU-regulated stock exchange, attracted attention earlier this year with its own token sale, raising over $21 million in the pre-sale and selling out within 9 seconds during the general public sale. The GBX is striving to build a world-leading institutional-grade token sale platform operated by a licensed stock exchange, where companies, traders and investors can participate. With a set of rules for launching a token sale, the GBX aims to create a new industry standard for the conduct of issuers and their continuing obligations to the holders of their tokens, thus cementing the responsibility of token issuers to fulfil the commitments they make in their white papers.
“At GBX we’re building a listing environment based on best-practices and industry-standards inherited from the GSX,” indicated GBX CEO Nick Cowan. “We want to give token buyers the peace of mind that all projects they see on our exchange have gone through our vetting by an appointed Sponsor Firm and our rigorous application process. It’s a great pleasure to have Stryking on the GBX GRID and we can’t wait to see how their award-winning project develops.”
Stryking’s recent success streak also includes winning two pitch competitions for token generating events within five days. After landing first place at Bloxpo in Stockholm, Sweden, Stryking also won the competition at d10e in Malta, the leading conference on decentralization, nabbing a $25,000 USD winner’s check.
“Winning these two competitions means a lot to the team at Stryking. Not only are we honoured to be chosen amongst so many participants by the influential and highly recognized team of judges, but it also gives us a sense of positive affirmation and strength to keep moving forward with our project which we have worked so hard on,” shared Stryking CFO Hong Thieu. “We will continue developing and advancing the implementation of STRYKZ into the Football-Stars platform and look forward to the feedback on our second Whitelisting phase happening at www.strykz.io right now”.
With the introduction of the STRYKZ ERC-20 token, Stryking will enable users to contribute and actively participate in the content and expansion of the platform. Users will receive STRYKZ in return for actively contributing towards the platform, including writing football articles, creating challenges, updating player statistics, correcting match data, revealing line ups and more. Stryking’s community driven fantasy sports platform will provide millions of fans with the most immersive, interactive and lucrative experience to manage teams, compete against peers in daily challenges and get rewarded with exclusive fan items and experiences.
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