Sports is emerging as the biggest used case for the blockchain technology. There are many companies which are coming out with their own tokens for various underlying technologies associated with sports and sports management.
One such recent development in the blockchain based sports is blockchain-based platform is providing the best, most secure, and transparent crowdfunding mechanism. Each crowdfunding campaign on SportyCo’s platform will be listed in their native tokens called as SPF Tokens.
These tokens will also be used to purchase additional services that SportyCo will provide to athletes, sports clubs, investors, and other participants in the ecosystem. These tokens are listed on various exchanges including Kucoin.
SPF Tokens will also be used to purchase additional services that SportyCo will provide to athletes, sports clubs, investors, and other participants in the ecosystem. From a technical standpoint, SPF Token is a fully ERC20 compatible utility token of value and is already listed on several important cryptocurrency exchanges.
Athletes, especially up-and-coming ones at the outset of their professional careers, face many issues when it comes to funding their training and participation in worldwide competitions. Many athletes depend exclusively on institutions that control financing in sport, which then owns their image rights and career path. Many clubs and other sports organizations also frequently struggle with financial and liquidity issues, lacking channels to monetize their fans’ attention. SportyCo is about to change this.
SportyCo will provide the wider global community with ways to invest in sport, giving both fans and potential investors the tools to directly participate in one of the biggest and fastest growing industries.