Rijeka, Croatia–(Newsfile Corp. – April 2, 2022) – ORI is the decentralized solution for shareholder management as well as Tangible betting chips (TST) which represent tangible assets. Moreover, ORI stands for the central unit of a decentralized acquisition platform created by Juice doo, to invest in the careers of footballers and benefit from their development and success.
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Discover ORI’s mission
Ultimately, ORI aims to distribute decentralized technology to stakeholders involved in sports like football and esports, giving Fan Tokens a future-proof purpose with decentralized acquisition. Thus, ORI is paving the way for each club’s digitalization plan by setting up a shared economy that benefits both holders and clubs. Unlike most ordinary fan tokens, ORI stands out for its innovative purpose as it will serve as a model for the digital transformation of any club in the world.
Who is behind ORI?
Juice doo was founded in 2015 based on the ambitious goal of creating business applications applying decentralized technologies. This accelerated evolution laid the foundation for the HNK Orijent 1919 collaboration with Juice doo, in which they would use all their expertise and experience in decentralized technology at the club.
Underlying technology of ORI
HNK Orijent ($ORI) token is a BEP20 token compatible with Binance Smart Chain, deployed via DxMint on Binance Smart Chain on January 15, 2022, and it was launched on February 15 on PancakeSwap. A total of 7.5 million HNK Orijent 1919 tokens with five decimal places will be issued. Tangible betting chips (TST) are comparable to NFT non-fungible tokens but differ in that they do not represent a single ownership rather than a partial ownership. The property will appear in investors’ portfolios in percentages (%).
Decentralized acquisition with ORI
Investors can invest in the tangible assets of a club and earn a return on their investment through growth and new profits, and each transaction will result in a tax contribution to the club. Additionally, each time shares are traded, the club receives the tax and compensates the player. Holders benefit from stock trading as part of the tax is deducted from the overall value of the token, and rewards for achievements, such as winning a game or scoring a goal. Anything is possible in terms of earnings made per capita, based on time and player success.
Tokenization and TST (Tangible betting chips) specifically, lowering the barrier to entry for retail investors who want to buy fractional assets. HNK Orijent 1919 may in the future be able to acquire players with retail investors.
Keep up to date with ORI’s latest developments by monitoring their website: https://ori-token.com.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/119058