IAO - Initial Athlete Offerings
IAOβs are an industry-specific adaptation of the more popular IDO/ICO/IPO/IEO models used to direct capital flows for the creation of markets.
An Initial Athlete Offering is the name of the framework used to describe the event taking place after the transformation of an athlete into an asset through tokenization and bringing them to market.
Before an IAO can take place, an athlete must satisfy all the preliminary requirements:
- Complete Tokenization - Organization endorsement via tokenization documents - Meta-data has been provided - Enrolled/affiliated with official organization - Member of BCSports Academy
Last updated