T-REx is an interactive O2O trading platform to connect among the professionals in the industry (trainers, bloodstock agents, syndicators and breeders) and anyone who wants to own racehorses (as individuals, syndicates or companies), other participants (e.g. the wagering public or the purist racing fans) or businesses with commercial interests in the sport.
By tokenizing T-REx platform’s assets, the horses, and move them to blockchain records of ownership, we can enhance the platform’s functionality with the following features:
The ability to construct diversified racehorse portfolios for owners and client exposure for service providers.
Industry-specific data that is readily available to all.
Achieves critical mass with racehorses trained by top trainers across multiple jurisdictions.
The T-REx STO will be looking to raise between USD 10 million (soft cap) and USD 30 million (hard cap) through the sale of TREX tokens. Up to 20% will be spent on software and technical developments. To achieve critical mass, set the business model in motion and realise our vision, the current plan is to use a minimum of 35% of the capital raised for purchasing thoroughbred racehorses and other bloodstock assets for racing and breeding, with a further 30% for upkeep costs (training fees, nomination fees and veterinary costs, etc.).
Our mission is to make the global thoroughbred racing industry more efficient, transparent and accessible to all.
Lo and Fung
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