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February 09, 2018, 08:26:07 PM |
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Just testing the waters to get feedback regarding a SEC compliant coin we are exploring.
First, is in protecting our stakeholders from making bad investments and endorsement deals in non-compliant ICO's. As a disclaimer, we won't promote our offering as a safe investment. The difference is we can offer a path of compliance.
Second, our intent is to create a global sports coin that can be issued as a form of cash back to athletes for all purchases made on their athlete profile, worldwide. The cash back can be applied to traditional sports related costs such as the purchase of uniforms and travel for youth and amateurs, as well as bling and entertainment by the pros.
Next, is to integrate the blockchain aspect of coin to help prevent chargebacks on transactions where the customer received the product as well as counterfeiting of tickets for sports, events and entertainment related sales.
Lastly, and the most important, we can release company treasury in the form of "sports coin" into the marketplace by donating coin to at risk youth programs in the United States as well as sports clubs in underdeveloped countries. They, in turn, would use the coin to purchase sports related products from us or simply convert the coin to cash, stimulating the supply and demand of the coin and hopefully creating a more stable coin than what we are seeing with bitcoin and other cryptocurrency.
This will likely be a REG A+ filing.
Thoughts?
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