SportZchain: A blockchain that can increase the value of sports

SportZchain Introduction

SportZchain is an Indian blockchain based platform specifically designed to reshape and revolutionize the multi-billion fan engagement industry. It is a platform by fans and for fans, where sports fans from any part of the world can manage their favorite teams, games, leagues and events in bulk. This platform equips fans with the almighty power to follow, interact, engage and participate in various binding and non-binding decisions of their chosen team and reap financial rewards simultaneously. SportZchain also provides sports teams and leagues with blockchain-based tools to efficiently engage while simultaneously monetizing their audience.

While the world of cryptocurrency is immeasurably vast (and still growing!), Sports Tokens or Fan Tokens are an easy and simplified way of increasing fan interaction with sports teams. This concept builds on converting a passive fan-based into an invested fan-base by giving them the power to influence binding and non-binding club decisions. Currently, SportZchain is focussed on bringing the platform to Indian audiences and soon expects to expand globally — with plans to bring aboard three sports teams in the next year.

SportZchain was founded as a part of an endeavour by its founder, Siddharth Jaiswal to make the world of sports more engaging and provide sports fans the opportunity to take part in the decision making process for their favourite sports teams and clubs. From having a right to vote on simple decisions such as jersey colours to crucial decisions such as player division and transfers — fans with sports tokens will now be able to engage with their favourite teams like never before.

SportZchain Mission

SportZchain's mission is to revolutionize the way fans engage with their favorite sports team and create an 'invested fan base'. Following a simple concept, we aim to give sports fans the freedom to interact with sports teams and not only benefit financially from them, but also the opportunity to engage with the teams. We're working to change the way sports fans interact with their favorite teams and make fans a part of their financial success, thereby closing the gap between fans and teams — making every win even more special.

Sportzchain Platform

Sportzchain enables the creation of 'Zuperfans', who have the power to influence team decisions and financial gain. We solved both problems and put together a solution that would address this issue from the point of view of both the team and the fans. Integrity plays an important role when revenue needs to be recorded or binding votes need to be implemented and the best way to be transparent is to use a blockchain system.

Sportzchain will be built on a Layer 2 platform and a Proof of Stake (PoS) protocol (most of the bonding will be with Layer 2 providers such as Polygon or Chain Link so that it is completely independent and decentralized). Blockchain ensures that sports teams launch limited Sports Tokens which will be tied to concrete voting rights. Every poll/vote will be on the blockchain which brings total transparency to all stakeholders and acts as a scalable solution in terms of fees.

HOW DOES SPORTZCHAIN work?

With the SPN token supporting the SPORTZCHAIN platform, our vision is to create an ecosystem where fans and teams thrive. Fans can engage with the teams they follow and have a say in the team's binding and non-binding decisions. Not only that, fans will also get access to VIP privileges, gamification, contests, access to fan experience zones, private digital parties, and more — all on one platform. The engine for the unified platform will be our native token — $SPN. $SPN will act as a passport to access this digital world and will continue to be at the core as we prepare to add more utility for fans to the platform in the future.

How does one become an investment enthusiast?

Investing fans are fans who are not only emotionally committed to their favorite sports team, but also use rational thought, analysis and judgment to change the course of events within a sports team/club. The Sportzchain platform presents a six-step process by which a sports fanatic can transform himself from a normal passive fan to an investment fan or a Zuper fan. What to do mainly is, download the Sportzchain application which is available for iOS and Android, after registering from google or Facebook, fans must use the pre-made ERC20 wallet Or Link an existing wallet (Metamask/TrustWallet/Trezor/Others), after that fans have to buy SPN via crypto like ETH, BNB, USDT, BTC, etc. This allows fans to purchase branded sports team tokens with $SPN and one starts becoming a ZuperFan and reaps financial rewards.

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SPORTZCHAIN $SPN token utility

$SPN is required to purchase any team branded sports token. More partnerships will drive more demand for $SPN tokens

$SPN will be a prerequisite to participate in strategic contests & polls. Morencontests will drive massive adoption for $SPN

Weekly lottery will be held for $SPN holders with a chance to win 80% of the lottery pool every week

20% of revenue across platforms will be allocated to $SPN holders which will be used to ‘Buy & Burn’ or ‘Buy & Lock’ to limit token supply

Up to 30% APY betting rewards for $SPN holders through various betting programs

$SPN is the base currency for buying/selling branded teams on our proprietary exchange

SPORTZCHAIN's 'Citizens First Program'

SPORTZCHAIN launches the 'CITIZEN FIRST PROGRAM' which offers multiple benefits, rewards and bragging rights. This limited program is only valid for the first 10,000 whitelist participants and $SPN token holders during the public sale. Through this, early $SPN holders will get a lot of advantages compared to late entrants and will increase their financial rewards Optional allocation in the phase 1 sale for all future fan token launches on the platform

Access to exclusive high stakes rewards ~40% APY

First access to exclusive NFT curated annual events and parties

Earn with very rare NFT and repurchase program

First access to fan experience zone and referral reward program

Early access to buy physically signed memorabilia and merchandise

VIP access to stadiums and matches by meeting and greeting sports figures

Annual activity-based rewards for the largest SPN holders (Rewards like traveling with

team, win 1 NFT Bored Ape/Crypto Punk, 1 BTC and more)

Exclusive Fan Token free airdrop (up to $50,000) before public sale

Tokenomics — —

Contract : TBA

Symbol : TBA (Most NES)

Total Supply: 10 Billion

DEX Liquidity: TBA

Burn Reserve: TBA

Locked Token: ~50% for future expansion and has a maximum vesting period of 3 years

Airdrop & Bounty: 5% for all Loyal Hodler

Fair Launch (IEO): 20% (pre-sale and public sale)

COUNTDOWN LAUNCH : Q2 2022

Conclusion

Brands that offer outstanding products/services or have established themselves in the market have the ability to withstand any market catastrophe. This can be seen from market activity during the pandemic. Thus, loyal fans become important to the business. In sports, the value of fans cannot be overstated. Sportzchain is one such brand that aims to revolutionize the way fans engage with their favorite sports team using blockchain technology.

To find out more visit the link:

https://www.sportzchain.com

https://t.me/SportzchainCommunity

https://t.me/sportzchain

https://www.twitter.com/sportzchain

https://www.reddit.com/r/sportzchain/

https://www.facebook.com/SportZchain-10432228532497/

Author:

Forum Username: benniyi20

Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=3455772

BSC Wallet Address: 0x75dF0b3D0Da92AD3A4150AaB9dE545b3C5c0017c

POA link: https://bitcointalk.org/index.php?topic=5396733.msg60043230#msg60043230