SportVEST – Where Venture Capital meets Sports Industry using Blockchain

Introduction
Today, the Global Sports Economy has risen to billion dollars with an infusion of investment. According to the source, investment in sports-related startups by Venture Capital (VC) and private equity crossed $1 billion annually in 2014. These rising trends have been taken a rapid evolution in the sports technology. SportVEST is a blockchain based project that is helping VC’s fund model to invest in sport related startups companies. Blockchain bring SportVEST to tokenize the VC model, which in turn allows for successful VC fund will continue increase in value and market share and this tokenization brings more liquidity to the VC model to investments in the sports sector.

Why Blockchain?
Through blockchain technology, SportVEST will captures the value of Sports Fund using a token that is publicly tradable. Tokenizing the VC model on the blockchain will opens the market. SportVEST is creating a crypto-economy with the value of SVE tokens which is bound by a floor price that is responsive in the valuation of the Fund’s portfolio.

Advantages
Through blockchain, they are providing more immutability because using smart contracts they have created the Fund module on the blockchain. It relies on distributed nodes with on chain process guarantee that no one has ability to affect the transaction.
By holding SVE tokens, you will get exposure to the Fund’s underlying sports investments, which reduces your risk from investing in a single sports startups or ICO.
You get advanced portfolio measurement tools where valuations are made which is based on observations of market prices.
SVE tokens will bring trading on the public crypto exchanges which provides more liquidity option.
Through smart contract, SVE token holders have the authority to sell their tokens directly to the SportVEST using discounted valuated price on the portfolio.
Also, providing community voting mechanisms which will represent on the Fund’s Advisory Board where every year a vote will be cast to nominate one SVE token holder to join the Fund’s Advisory Board.

The Team
Ben Godfrey – Founder – He’s having 20 years of working experience in such reputed companies – HSBC, Merrill Lynch, Deutsche Bank and Credit Agricole. Currently, he manages the overall direction of SportVEST to increase the company’s market share and SVE token valuation.

Eamonn Donlyn – Board of Directors – He’s having 17 years of working experience with ESPN, ESPN UK, NBC, CBS and YourSports. He’s a 2-time Emmy Award Winner and Speaker at Blockchain Conferences. Currently, he analyses the leadership and teams of prospective portfolio companies and provides the SportVEST Foundation with strategic guidance.

Gayatri Sarkar – General Partner – She handles investment analysis, due diligence, deal flow and fundraising. She’s having 12 years of working experience with Federal Reserve Bank of Boston, HP, IBM and Goldman Sachs. She studied a Behavioural Finance at Harvard Kennedy School and Private Equity at Wharton. She’s also a VC, Hackernoon Blockchain Writer and Speaker on the Blockchain IOT circuit.

Token Matrix
Token – SVE
Total Supply – 120 Million SVE
Price – $1.10 USD
Soft Cap – $6.5M USD
Hard Cap – $60.5M USD
ICO – TBA

Social Media Reach
Facebook – https://www.facebook.com/SportVESTico/
Twitter – 2495+ Followers – https://twitter.com/SportVESTico
Telegram – 100+ Members – https://t.me/sportvest

Verdict
The Social Media hype is low, and they are not much active on their Telegram Group.
The Website and Whitepaper is explained well in detail.
There are 11 core members in an executive team who are having experience in Marketing Strategy, Social Media Marketing, E-Commerce, Finance, Software, Content Creation and Blockchain Technology. Some of them are having working experience with such reputed companies like UEFA, EPL, Bitbay, Google, Deutsche Bank, ESPN and HSBC.
They have 5 advisors on board who are having expertise in AI, Fintech, Investment Sector, Sports & Business, and Blockchain Technology. Some of them are having working experience with JP Morgan, NFL Players Association, UEFA Champions League etc.
The Roadmap is explained well in detail with their milestones till 2020 where ICO will be start in Q3 2018. Currently, MVP is not available.
They have partnered with Identity Mind Global, Cloud Flare, ICO Crowd and Beyond Sports Network.

For Detailed Information
Website – https://sportvest.io/
Whitepaper – https://sportvest.io/sportvest_whitepaper.pdf
ANN Thread – https://bitcointalk.org/index.php?topic=4631724.0

Bitcointalk Username – ritikagupta
Bitcointalk URL – https://bitcointalk.org/index.php?action=profile;u=1375471
ETH Address – 0xA6119b0AF2EC4A3e8A64f8ADA1dBF152f06eC392