Sportex Announces Incoming Collaborations For its Social Media-Marketplace Hybrid App
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.
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