Although 'SPON' was the ticker assigned at the deployment of the Instant Sponsor Token's smart contract, it is also in use by another asset with a larger market presence and higher trading volume on major exchanges. To avoid confusion in the marketplace, the alternative ticker 'INSTANTSPONSOR' has been adopted for this token. This designation ensures that assets are distinctly identified.

Instant Sponsor (IS) has built an integrated solution to seamlessly connect sponsors and the rights holders via a blockchain-powered peer-to-peer (P2P) trading platform. Instant Sponsor aggregates and tokenizes global sponsorship inventory available for sale by the rights holders ranging from teams/athletes to festivals and community events. Sponsorship tokenization creates efficiency, provides access and opens a currently existing sponsorship ecosystem to global players. The platform serves as a one-stop-shop for sponsors to browse and buy global sponsorship opportunities transacting securely under one payment system free of currency exchange rate volatility and bank transaction fees and, as a result, maximizing every dollar spent. The Instant Sponsor proprietary AI-powered algorithm effectively matches a sponsor’s target demographic with the demographics of the rights holder’s audience, enabling to achieve an outsized ROI.

The SPON token is an Ethereum-based (ERC20) cryptocurrency. It will allow the members to access the platform available goods and services.