【VSC】【vSport】Token-Powered Platform for the Sports Industry

[vSportOfficial]

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Token-Powered Platform for the Sports Industry

vSport (Sport Value Chain), founded by Sino-American Internet and Artificial Intelligence entrepreneur Qiang Bai and Dutch football star Wesley Sneijder, is an open-source platform based on the blockchain technology targeting the global sports industry. vSport’s strategic partners include 433, the world’s largest football community on social media (headquartered in the Netherlands) and Sport 8, China’s biggest youth sports platform.

The 2018 FIFA World Cup will also provide vSport the opportunity to partner with World Cup licensed products manufacturer/distributor Kayford, British sporting goods brand Looks, Belgian football association, Portugal football association, several major football clubs , stars, as well as other participants in the blockchain industry.

vSport is now building a network of high traffic-communities with over 45 million fans across the world (incl. 15 million in China). In the future, vSport plans to launch its Sports Value Evaluation System and its Sports Value Exchange platform on a global scale.

The vSport platform is fueled by the vSportCoin (VSC), which can be used for transactions such as products and tickets purchases, rewards of fan engagement on social media, funding of young athletes, payments of premium memberships with clubs, players’ digital rights, etc.

Structural Problems with the Sports Industry

•   Despite its huge impact on the society, the sports industry is greatly undervalued. Many participants do not get rewarded for their contribution, which may lead to a loss of interest in the future

•   There is no tool to effectively assess the value of sports and the benefits that sports can generate

•   Resources are not properly allocated (empty stadiums, unused performance data, etc.)

•   The development of young talents is often overlooked and rewards are insufficient

•   Traditional business models are inefficient and only create limited value

•   The sports industry is overly centralized and is controlled by a few participants (federations, large clubs and organizations)

The Sport Value Chain Solution

•   vSport is building an ecosystem of decentralized applications for the sports industry. The platform hosts a community of users who are encouraged to contribute and get rewarded in vSport tokens

•   Through its Decentralized Artificial Intelligence algorithm, the vSport platform can effectively evaluate each contribution by members of the community and calculate the fair reward for the contributor

•   Based on the new token economy, this new paradigm benefits all parties:
o   Increased fans loyalty and engagement
o   Athletes and coaches get compensated for all their efforts and sacrifices
o   Organizations such as federations, clubs and other sports companies can build new business models and monetization opportunities

•   The vSport token has application scenarios in all the layers of the sports economy, from grassroot to professional sports

•   The underlying blockchain technology provides a trustless and transparent environment, laying the foundation for all future interactions within the sports industry

Application Scenarios

•   Shared Economy: Field and coaches, Data sharing, IP sharing, Event crowd-funding
•   Talent Development: Youth sports training, Skill evaluation
•   Professional Sports: Sports stars, Professional clubs, Sports lottery, Ticketing, Copyright management, Asset tracking
•   Grassroots Sports: Compensation mechanism, Credit mechanism, Sports insurance, Sports public welfare

Roadmap

•   December 2017: Launch
•   January 2018: Angel fundraising completion ; Setup of Sports Value Foundation
•   March 2018: vSport whitepaper release ; Roadshows ; Architercutre design of vSport 1.0
•   April 2018: Landing typical VSC application scenarios
•   May 2018: Listing on exchanges ; Test run of vSport 1.0 ; Brig sports fans into the community, taking advantage of FIFA World Cup 2018’s popularity
•   September 2018: Official operation of vSport 1.0 ; Sports Value Foundation to continue supporting and incubating the development of application scenarios
•   April 2019: Test run of vSport 2.0
•   December 2020: Completion of vSport 2.0 Ecosystem

   

Members of the Foundation

Members of the foundation include, among other:
•   Qiang Bai (Executive Director): Sino-American Internet and Artificial Intelligence entrepreneur
•   Wesley Sneijder (Director): Professional football players, former captain of the Dutch national team
•   Jul Manders: Founder of 433, world’s largest football community with over 30 million followers on social media

More details to come. Join us on our TELEGRAM

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【2018.04.09】vSport Breaking News


【2018.04.17】 🚨🚨🚨Excited 🚨🚨🚨and ready  for the @Blockchain_Expo London 🇬🇧, largest blockchain expo in the world 🌎! Come visit us at booth 36 😁😁😁 #blockchain #blockchainexpo #london #vsport #booth36


【2018.04.24】Wesley Sneijder’s vSport Chain & Sport 8 formed strategic partnership with 433

[kalunomics]

What are the users meant to contribute the the V-sport community and and in what way? How does the v-Sport platform intend to perform the evaluation of each contribution of members of the community? How do intend to decentralize the sports industry using Blockchain technology? I was thinking in the line of having a database where upcoming sports enthusiasts can upload videos of their performances in competitions, training or freestyles so that any hiring manager or team can access the data and be able to evaluate their skills and probably hire young promising talents through the platform

[SeveralQ]

Hi everyone! Just added the vSport ICO to my website https://concourseq.io/Q/vSport. ConcourseQ is a collaborative due diligence community that researches and reviews ICOs. Anyone with an account can submit information to your page, so we are reaching out to this community to get you all involved in the discussion. Thanks! PS: If you have any questions about filling in the info, feel free to ask us in our discord group: https://discord.gg/j8RBAwB

[Fu.Sin]

Here in the next topic are sold tokens e-Sports, is there any connection? And you wrote that you are going to sell tickets for football in Russia. Yes you will know that all the tickets have already been sold and accounted for and tied to the passports of the fans.

[DerBNB]

What are the users meant to contribute the the V-sport community and and in what way? How does the v-Sport platform intend to perform the evaluation of each contribution of members of the community? How do intend to decentralize the sports industry using Blockchain technology? I was thinking in the line of having a database where upcoming sports enthusiasts can upload videos of their performances in competitions, training or freestyles so that any hiring manager or team can access the data and be able to evaluate their skills and probably hire young promising talents through the platform

Hi Kalunomics!

Thanks for your questions and interesting inputs

At vSport we believe that there is currently no way to adequately evaluate the contribution of members of the community and we are working towards the development of an Evaluation System based on Artificial Intelligence, using multiple parameters to provide a fair evaluation of the contributions. Contributors will be directly rewarded in VSC tokens by the entities benifiting from the contributions without the intervention of a central authority.

The sports industry is very centralized, with a few institutions capturing the largest share of the benefits. We intend to redistribute the power among all participants in the industry.

Your idea of talents database is very interesting and is one of the many application scenarios that we've identified so far.

 

[DerBNB]

Here in the next topic are sold tokens e-Sports, is there any connection? And you wrote that you are going to sell tickets for football in Russia. Yes you will know that all the tickets have already been sold and accounted for and tied to the passports of the fans.

Hi Fu Sin!

There is no connection between vSport and this other project, even though we might also target e-Sports in the future

Thanks to our connections with football federations and institutions of the football world, we have already secured some tickets for the upcoming World Cup in Russia

[Da2ja3]

Vsport is the breakthrough in sports blockchain technology. It is the first in the world.

[Olyalya]

The platform will certainly be very useful, as data organization and analysis are very important and this Platform is usually to facilitate this work. I hope people will understand the potential of the platform and start supporting it.