AllStars dream team changes sports for the future

The sporting industry has undergone some major changes in the last decade. With issues like Covid-19 and other challenges and threats, the different players in these two industries have had to up their game to overcome these obstacles and create a much better industry. However, we can say that changes in the sporting and gaming industries are far from over, especially with companies such as AllStars Digital.

As the name suggests, AllStars is a platform built to serve every athlete and sports fan by creating more opportunities for both parties. It is the first to deliver unique and inclusive digital sport alternative assets changing how the market operates as they lead the sporting industry into the future.

AllStars Digital seeks to democratise trading on the performance of sports stars by providing enduring solutions to some of the problems that have slowed down gaming. Dev Dutta, founder of AllStars and one of only a handful of global experts in the practice of creating BMR standard indices. Dutta created the first proof of concept in 2020 and since then the project has grown significantly, attracting investors, clients and industry experts. Along with Marc Aspinall, COO, Akash Gharu, CPO and Youssef Mechahouri, CEO, AllStars has built a phenomenal team. They have years of experience gained at tier 1 banks and brokerages, hedge funds, exchanges and premium data providers. Most importantly, all are big sports enthusiasts.

AllStars creates a continuous price on every athlete so that they can be traded just like a financial asset and not just another type of bet. This enables the trader to set stop losses and take profits and take control of their risk. The technology to enable this is complex. It’s taken two years of meticulous work to get the index to price fluently and intuitively and the product setup to offer a healthy reward ratio. The business is now ready for the main market launch as ‘the world’s first digital sports exchange’.

There are some challenges in the industry yet to be resolved and this is where AllStars Digital steps in. AllStars is challenging binary betting where winning or losing is based on singular or accumulated declared predictions and replacing it with a more holistic approach to taking a position on a sports star.

AllStars Digital is proving an enduring solution to the problems in the gaming industry. Their unique strategy has enabled them to make a difference in the field and build a solid community of sports fans.