Steemit Crypto Academy Season 4 Week 1 | Socios.com by @carlosefm92- Blockchain Based Platform For Sports Industry
Greetings Steemit Ctypto Academy community it is a pleasure to participate in this assignment due to my love for sports and my recent love for Blockchain, joining both things is something that motivates me to learn more; I always wondered who chose the color of the uniforms and logos of professional soccer teams, I imagined they were the managers, but with the help of Socios.com they give the vote to the Fans.
Grateful to our teacher wahyunahrul for teaching us this interesting class, here is my assignment.
1) Explain in detail what is the Partners.com Platform?
1) Explain in detail what is the Partners.com Platform?
The Socios.com platform is the company that allows through the blockchain the creation of tokens for fans of sports teams, giving teams the opportunity to make greater participation of fans in internal decisions of their respective teams.
The token that manages the page Socios. com is the chiliz token (CHZ) which allows teams to generate their own fan tokens, in this way fans can obtain the fan tokens as NFT that have a value and vote in the club they support, Socios.com allowed many sports organizations to have another type of income and that fans have more influence in the club they support.
2) What are the effects when blockchain has entered the sports industry?
2) What are the effects when blockchain has entered the sports industry?
The Blockchain has the ability to boost projects due to its accessibility by users as well as its universality, free of government restrictions and often decentralized, and along with that, there is nothing more universal than sports, so it is an opportunity to involve fans of teams that were only limited to buy products and support in the games to participate in decisions a little more personal of their favorite teams.
Therefore the future of sports fanaticism can have a rebound with the help of this idea brought by socios.com even after the fall that many sports teams and clubs have had after the pandemic of covid-19.
3) Is Socios.com a good prospect as an investment vehicle? Explain your personal opinion along with solid evidence.
3) Is Socios.com a good prospect as an investment vehicle? Explain your personal opinion along with solid evidence.
The idea that Socios.com promotes has a great future and promises in the future the affiliation of more clubs to this proposal, besides it has a transparent work team and a project that is a business proposal due to the benefits it brings to the fans of the teams.
Analyzing the token promoted by socios.com we can see an estimation of the growth and the future of this special project.
Fuente: @carlosefm92
In the image above we can see how in early August began a growth of 35% to date, ie it has had a very big jump since it began, and although it has been in decline may promise to overcome a much higher ceiling.
This makes me think that since possible signings in the month of August could affect the value of the token by the inclusion of more people to the fan token, and there will always be changes in lineups and sports decisions that can be exploited by those who dominate the information at the right time.
4) Explain the steps to install the Partners application in its entirety and explore the various functions of the application. (Screenshot required)
4) Explain the steps to install the Partners application in its entirety and explore the various functions of the application. (Screenshot required)
- The first step is to install the application on our cell phone.
Fuente: @carlosefm92
- The second step is to open it and wait for it to load.
Fuente: @carlosefm92
- Because my country of residence is Venezuela it does not allow me to recognize the application as follows.
Fuente: @carlosefm92
5) Choose a Fan Token in the Partners application and perform a detailed fundamental analysis. (Screenshot required)
5) Choose a Fan Token in the Partners application and perform a detailed fundamental analysis. (Screenshot required)
For the following analysis I chose the PSG fan token, due to the recent acquisition of the Argentinean player Lionel Messi to the team, this surely increased the value of the token because of the news of a very important player worldwide.
Fuente:https://as.com/futbol/2021/08/05/primera/1628191846_251098.html
The image below shows how the value of the PSG fan token rose considerably from $22.96 to approximately $55.44 so it was a very good time for those who took advantage of that investment.
Fuente: @carlosefm92
In that analysis we can understand that in a short time it had a very accelerated growth plus there is still a lot of news that the sportsmen of that club will give us from now on.
6) Conclusion.
6) Conclusion.
This assignment was very entertaining, it was different from many others that I have done due to the interesting world that socios.com opened for sports lovers, besides being able to analyze the investment opportunities that there are in the different fan tokens all that under chiliz (CHZ) which was a token totally unknown to me until today.
I want to continue researching ways to invest in this new modality that offers the blockchain and allows me to understand much better the role of NFTs in the world of cryptocurrencies.
Sort: Trending
Loading...