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What is SportyFiSportyFi is a decentralized sports investment & funding ecosystem.We will introduce a brand new industry of sports crowd micro-financing, while providing athletes, clubs and sport organizations with macro-funding on their respective end.
Why?Professional sport today has a high entry barrier - both for athletes as well as for small investors.
SportyFi will remove these barriers and consequently change financing in the sports industry by deploying a blockchain-based financing platform. We will serve athletes, clubs and other sports organizations in raising the funds required to achieve athletic success by enabling a wider community to invest in sport, therefore disrupting the existing model for financing participants in this industry.
Our EcosystemThe SportyFi ecosystem stands on two pillars -
The SportyFi Smart Manager Platform and the
SportyFi Professional Fund. The Smart Manager Platform will enable investors to harness and monetize the athletic potential of up-and-coming stars – who, until now, often didn’t have the means to finance their career, while the Professional Fund will provide the platform with an additional layer of liquidity as well as revenue.
SportyFi Smart Manager PlatformSportyFi‘s Smart Manager Platform will enable
donations, detailed sponsorship smart contracts of various types, as well as complex investment smart contracts, where an athlete, a club or another sports organization will offer a long-term deal for a share of their future income or other revenue stream in exchange for an upfront investment. An alpha version of the platform will be available before the token crowdsale.
SportyFi Professional FundSportyFi’s Token Crowdsale will also allocate a part of the funds raised to a special SportyFi Professional Fund.
The fund will invest in those athletes with the greatest potential in exchange for future return, based on, for example, prize money, image rights, transfer fees, and other rights of an athlete, depending on the type of sport.
DAO voting will be integrated into the fund’s operation, enabling SportyFi Token holders to participate in the management of the ecosystem.
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SportyFi Token Crowdsale- Token Crowdsale Start: 21 November, Exclusive Pre-Crowdsale period - by invitation only.
- Number of Tokens Issued: Up to 200,000,000 non-mineable SPF utility Tokens of value. (134.000.000 SPF Tokens available for investors)
- ETH/SPF Conversion Rate: 2,500 SPF Tokens per one ETH + potential bonuses (the exact conversion rate to be set on 20 November 2017, depending on the then value of ETH)
- Bonuses: 10% bonus for investments within 72 hours of the SPF token Crowdsale launch or investments over 100 ETH (exclusive Token Pre-Crowdsale bonus of up to 15%)
- Token Distribution:
SportyFi Token Crowdsale Funds Allocation![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fsportyfi.io%2Ffiles%2Fcharts%2C%2520milestone%2C%2520players%2C%2520icons%2Fmilestone.png&t=665&c=qstDvxB8GX4Pkg)
Up to USD 9 million contributed will represent SportyFi's operating capital. The funds will be used for the development and full deployment of the Smart Manager Platform, its optimization, growth, marketing and monetization phase.
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Contributions amounting to over USD 9 million will be allocated to the SportyFi Professional Fund.
SPF Token liquidityThe
SPF token will be the
primary means of transactions on our platform. It will be used both for investing in athletes (and crowdsourcing donations) as well as other transactions on the platform—which includes paid advertising, paid reach and other premium services offered. The SPF token will be
listed on several exchanges to integrate it into the wider crypto ecosystem. Token holders will be able to participate in DAO voting steering the SportyFi Professional Fund’s operation.
TeamOur team combines
experts in sports platforms, professional athletes, scouts and trainers, communications and marketing experts, and a strong development team with over a decade of experience in setting up enterprise platforms. We also have a
legal & compliance team in place to support both investors and athletes.
Among our ambassadors are several global superstars in their respective sports, with more to be presented in the following weeks.
Meet the team on our website!