SPORTZCHAIN: A blockchain solution to revolutionize the way fans connect with their favorite sports teams
Blockchain technology is used in business processes to increase trust and transparency worldwide. This advanced, emerging technology is transforming finance, insurance, healthcare, shipping, supply chain, logistics and energy. Blockchain companies have only recently entered the sports industry. In order to combine sport as a successful blockchain business model, the approach must include the fundamentals of both topics. It must be transparent, tamper-proof, decentralized and focused on the individual characteristics and achievements of the sport. It has to be attractive to the main recipients: the fans.
The organization must create a business framework that sets the ambition for the expansion of the sports world and must also promote this service. In the blockchain industry, it is fundamental that blockchain-based companies use tokens to monetize their revenue, tokens that provide value to the token holder. That's exactly what Sportzchain is doing, creating a decentralized sports ecosystem that will help facilitate this relationship between fans and their favorite teams, while allowing the teams themselves to share their fanbases with other participating sports teams and help each other in the process to grow their fan base by encouraging fans to follow other sports teams.
Like any industry, sport has its own weaknesses. Some of these are: disputes between fans and team owners, restrictions on live streaming, difficulties in purchasing tickets and the fact that people cannot witness matches. To solve these problems, Sportzchain has developed a system based on blockchain technology to eliminate third parties and solve problems while creating a decentralized sports ecosystem.
Sportzchain creates a sports token economy where fans have the opportunity to earn tokens on matchdays and also have a continuous stream of tokens to earn financial benefits and engage in financial upside through polls, competitions, games, etc -Commitment to participate. Sportzchain creates a sports ecosystem where sports teams share their fan bases with other participating sports teams and help each other grow their fan bases by encouraging fans to follow other sports teams.
What is Sportzchain?
Sportzchain is a blockchain-based platform revolutionizing the way fans interact with their favorite sports teams. Basically, you can be the manager of your team and decide on aspects like: which players to sign, which jersey colors to wear or even which game the team will win! By using the Sportzchain platform, sports teams can also engage directly with their fans and receive direct support from them. All of these interactions between fans and teams will happen in an efficient and transparent way through the use of blockchain technology.
Sportzchain was founded by sports enthusiasts who wanted to see how they could take advantage of blockchain technology to create an ecosystem where sports enthusiasts could connect with their favorite teams. The platform gives fans the ability to vote on decisions affecting their favorite teams, giving them a sense of ownership of those teams. Because of this engagement, fans are more likely to support the team or league they prefer, resulting in better financial performance for those organizations. The Sportzchain platform is also used by sports teams and leagues to track how different aspects of their brand are performing. The Sportzchain solution enables sports organizations to interact with their fans more efficiently and engage them more often.
Vision of Sportzchain
Sportzchain's vision is to provide professional sports teams and organizations with a new revenue stream and global marketplace to trade fan-based collectibles. For example, the Dallas Cowboys (the most valuable NFL team in the world) can issue branded sports brands and use this new revenue stream to monetize their fanbase. Fans are rewarded with these tokens for their engagement on the platform; help achieve a new level of "fan engagement". The team can then use the proceeds from token sales to fund player transfers or in-game perks; create an exciting level of trust and engagement between fans and brands.
The Sportzchain platform offers various privileges and discounts to the invested fan base, as well as exclusive content, matches and transfer news; keep them engaged and empowered. Data analytics are used to gain a better understanding of your "invested fanbase", which allows for more effective targeting of future advertising campaigns.
Key features of Sportzchain
Sportzchain is a blockchain-based sports platform that aims to bring fans, athletes and clubs together in a decentralized way. As the name suggests, it focuses on the sports industry. However, it is not just limited to sports as the platform will support NFTs for any person with an active career. This is where Sportzchain differs from other similar platforms.
This ecosystem will allow players to create their SPN tokens and sell them via auction to stakeholders interested in supporting their sporting careers. This can be used as a vehicle for crowdfunding campaigns that ultimately benefit both the player and the fans who wish to support them. In addition, this could also be a great way for young players who are still trying to make it into the professional leagues to get the attention of big investors and sponsors.
An interesting feature of the Sportzchain platform is that sports teams can share their fan bases with other participating teams. They will help each other grow their fanbase by encouraging fans to follow other teams as well as their own team. Fans can enjoy more excitement and earn tokens for every activity they do on this platform.
SPN-Token-Service Program
The Sportzchain ecosystem is powered by $SPN tokens based on the Ethereum ERC20 standard. The SPN tokens are used as the primary currency to purchase sports tokens of your favorite team/sport or to purchase other products or services on our platform. The SPN holders can earn additional rewards in the form of loyalty points that can be redeemed for fiat currencies, or SPN tokens should you choose to sell them back on the secondary market.
Join the $SPN token whitelist (pre-sale) now!!
Visit the link here to buy the SPN token whitelist: https://tokens.sportzchain.com/
Conclusion
Sportzchain is a next-generation sports blockchain ecosystem. It is a decentralized sports entertainment platform that allows users to create and trade digital assets (digital assets) related to sports. The digital assets are utility tokens called SPN tokens and digital assets called phygital NFTs that can be used for peer-to-peer trading.
Sportzchain has the potential to change the way sports teams and leagues interact with their fans. The most obvious and immediate benefit would be for traditional sports teams and leagues to use Sportzchain as a new revenue stream. They could issue branded sports tokens redeemable for a predetermined number of products, services or experiences (e.g. tickets, merchandise, autographs, VIP events, etc.). This would allow the team to monetize its fan base by issuing sports tokens directly to them.
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Author:
Bitcointalk Unsername : Monkeybut
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