Over the years, the spotlight of professional football has been focused on highly developed countries, especially in Europe. Though football is constantly getting better in these developed countries, the growth of professional football in underdeveloped countries is nothing to write home about.
Today, less privileged, yet talented youngsters in these countries play football under unfit circumstances. In such countries, you find youngsters playing soccer barefoot on dusty and stony fields. Some are not even well fed, those who are really talented, passionate and relentless among these youngsters mostly end-up getting nowhere near their dreams eventually.
This unpalatable condition has enveloped the football game in these underdeveloped countries for years up till now.
Bitcademy was developed to address the desire to be active in the ongoing development of the game of football, in a sustainable format utilizing today’s business and technology trends. Bitcademy came about as an initiative of a few passionate football minds aiming to empower young footballers in underdeveloped countries. Football academies and agencies in the world today focus their efforts and scouting searchlights on highly developed nations especially areas with long-standing record of athlete production. This has made it hard for young aspiring athletes in underdeveloped countries to get an opportunity to showcase their talent to the world.
How does Bitcademy propose to solve this problem?The Bitcademy concept aims to create football stars by making investors the focal point of athlete recruitment and grooming. The Bitcademy venture is funded by impact investors who are passionate about football, this funding is entirely done using various cryptocurrencies. Since Bitcademy is a profit making venture, the return on investment will help in strengthening football communities and as well enhance the health and welfare of underprivileged children and thereby birth future stars.
How will Bitcademy achieve this?The execution of Bitcademy’s plan, as described in full detail in the project’s whitepaper found at
https://bitcademy.io/files/Bitcademy_Whitepaper.pdf, are directly connected to the success of the Initial Coin Offering (or “ICO”).
Bitcademy will launch 1 to 3 academies depending on the successs of its ICO.Bitcademy revenue assumptions are tied to the development of players enrolled in the academy over a 3-5 year period. Usually, a player between 12-14 years of age is trained for a number of years after which he is transferred to a club. Additionally, Bitcademy academies will utilize another model wherein, older recruits with high potential are selected after a careful screening which requires 1 to 2 years of further development before they are up for transfer to a club.
Bitcademy is developing a proprietary marketplace to be licensed. The revenue derived from the marketplace is added to the fees gotten from player transfers. This marketplace has a flexible platform, such that it may be implemented in other sports organizations for internal or external use.
Initial Coin Offering and Token IssuanceBitcademy will release tokens as part of an Initial Coin Offering (ICO). Individuals who participate in the Initial Coin Offering will enjoy ownership of the tokens with the highest upside potential.
Who can invest?--Any investor looking for a real-world business, with a unique proposition seeking yield.
--A football enthusiast.
--An individual or corporation who is seeking an investment which carries impact to least developed countries.
--Any individual or company participating in ICOs, who is looking for an exciting and innovative investment mode.
Visit
https://bitcademy.io and become an investor in the project.
You can also
follow Bitcademy on twitter at
https://twitter.com/@bitcademyfbDownload the Bitcademy whitepaper at https://bitcademy.io/files/Bitcademy_Whitepaper.pdf
