GLOBATALENT ICO REVIEW - Decentralized and Transparent Sports Marketplace with Blockchain Technology

brainerdpaul (-2)(1)in #bitcoin • 6 years ago

INTRODUCTION

The sports industry has brought billions of dollars in revenue since its early developments in the 21st century. In fact, it raised over $100 billion dollars globally in 2017. Sports allows entire communities of people to share entertaining moments and have fun, which is rarely seen in other industries.

However, athletes and sports clubs are unable to achieve their goals, mainly due to financial reasons. Because of this, and many other reasons, the sports economy needs to change and GLOBATALENT has come to our rescue.

GLOBATALENT PLATFORM

Globatalent is an extraordinary revolution where you can invest in your worldwide sporting heroes. It is a blockchain platform where clubs and players can find funding by selling their future revenue rights. Globatalent offers all fans from across the globe the ability to invest in their sporting idols. An idea thought up by sports entrepreneurs, Globatalent has arrived to decentralize sport as a whole. With encryption and blockchain technology, fans have the ability to buy and sell in the safest way possible. The vast experience in the sporting world means that Globatalent has a group of passionate and dedicated individuals who want to make a difference to the future of sports. No sport is left out and we know we can change sporting prodigies lives. Our co-founders have more than 50 years experience within the top international level in Sports Management. They have been involved in Basketball, Tennis, Formula 1, Soccer and within the sports entertainment industry.

Globatalent is a project whose main mission is to disrupt the multibillion dollar sports industry with blockchain’s technology and their 50 years experience within the field. They hope to use their platform to pay younger players and compensate them for their performance.

Globatalent’s Solution
Economic needs should not prevent athletes from developing, and sports organizations need to be financially empowered to help the global talent grow as well. Nowadays, athletes and clubs use different ways to obtain financial support. Usually, they gain income via ticketing, TV rights, prize money, sponsoring, hospitality, and other forms of income.

That’s why Globatalent decided to create a blockchain marketplace to reduce the club’s cost to buy additional players to their team. It will help them buy new members without the complications of hedge fund conditions.

Fans throughout the world can invest small to large amounts of money in their athletes or clubs. This allows them to remain bound to the potential future revenues the players and clubs can bring.

Aspects

Ownership of Sports Right: With Globatalent, users can buy rights to their athletic idols.
Instant Transactions Without Fraud: Fans can instantly buy and sell with smart contracts using blockchain technology.
Sports Decentralization: This allows users to help each other to create a mutual benefit without the need of an intermediary entity.
Innovative Opportunities: Globatalent provides an opportunity for resourceful and humble people to invest in talented athletes and sportsmen and gain benefits from their future success.

Global Talent and Blockchain Technology

We have developed this platform to work with blockchain technology as the basis for developing our platform. Because, as it first appeared, the block offers a fast and secure online transaction and supports all types of data and crypto-currency. In its development, the blockades evolved and advanced the revolution in the technological sector. Blockchain uses a system where each transaction is recorded and can not be changed forever, so transaction security and transparency can be maintained and reduce the likelihood of data fraud.

We prefer to use blockchain technology, because this technology is more secure today than conventional technology. Unlike conventional technologies, blockchain technology does not require participation in a third party, so it is more secure and economical. And blockchain technology is a more minimal system error, so this technology is more reliable and reliable.

We help players or teams that need financial support for their achievements, through the decentralization of the sports industry and allow enthusiasts to invest in their teams to achieve profits. Each 33% of the fees we earn will be used to support the youth program GLOBATALENT, which is a program to support funds for young athletes without economic resources to develop their sports and academic careers.

Token Sale Information:
Name: GBT Token
Offering 500,000,000 out of roughly 850,000,000 initial GLOBA Tokens (GBT)
Accepted Payment: ETH
Maximum Token Supply: 850,000,000
Hard Cap: $61,000,000 USD
PUBLIC SALE (Crowdsale): Min purchase – 1.500 GBT (0,15 ETH)
Crowdsale start: June 18, 2018 – 00:00:00 UTC
Crowdsale end: June 30, 2018 – 23:59:00 UTC

CROWDSALE BONUS:
Up to 15% based on investment times

Use of Funds