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Author Topic: [ANN][PRIVATE-SALE]⚽️SPORTVEST⚽️ - Where Sports Meets Blockchain 🔥🔥  (Read 441 times)
filipeandre
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July 09, 2018, 08:32:01 PM
Last edit: July 09, 2018, 08:46:18 PM by filipeandre
 #1




VENTURE INTO SPORTS

-THE WHY-

Democratize Sports Investments and improve fund performance metrics. At SportVEST we believe in the transformational opportunities provided by blockchain technology and have set out to disrupt the “exclusive” nature of the venture capital sector and sports investments. Our mission is to empower a broader audience with improved VC measurement tools while bringing liquidity to investments in the sports sector so it is at the Token- holders discretion to decide the optimal time to take profits.

-THE HOW-

SportVEST Venture Fund (the “Fund”) will divest the Token-Sale proceeds over a period of time - investing in a portfolio of diversified sports businesses that operate both on or off the blockchain (“Digital Assets”) with all potential investments being approved by the Fund’s Advisory Board.

Through the use of blockchain technology, SportVEST captures the value of our sports Fund using a Token that is publicly tradable. The values of the Portfolio Companies who constitute the Fund are continuously assessed based on an innovative approach utilizing token micro-sales “Power Law Sales” providing us with a stream of market value based estimates, along with our Brand Equity Algorithms and NAV measurements to provide a basis for the most accurate valuation of these Portfolio Companies. Our valuation Algorithm is a multi-factor estimation algorithm that can learn and adapt within a band around these more formal estimates and adjust based on Kalman Filters to mitigate errors and some of the flaws in human judgement currently in VC NAV models.


-THE WHAT-

“Venture into Sports”: SVE Tokens are issued by Global Sports Inc. (the “Company”) and the Fund will form the legal vehicle that invests in blockchain and non-blockchain sports startups, legally compliant ICOs and/or tokens (“Coins”), by using smart-contracts to create the Fund (the “Portfolio”).

SVE Token-holders will own a pro-rata percentage of the Fund’s portfolio and are therefore considered Limited Partners (“LPs”), with SVE Tokens forming the digital counterpart.

SVE Tokens can be purchased through our Token-Sale at various stages (using crypto or fiat currency) and will be able to be exchanged (traded) in the future on secondary exchanges after the one-year “Vesting Period” (SEC- mandated), providing SVE Token-holders with liquidity regardless of their location.

If the market valuation of the SVE Token is below the external marketplace price, SportVEST will buy and burn SVE Tokens until the public SVE Token price is above the internal exchange rate for the Token. We thus say SVE Tokens are strongly backed by assets but have an upward potential. Over time, the payoff of successful investments will increase the Fund’s investment potential. The SVE Token will appreciate in public marketplaces in response to raising internal exchange rates.

SportVEST has committed a portion of our profits and fundraising to fund the SportVEST Foundation (the “Foundation”) based on specific thresholds. The Foundation will focus on blockchain research and development (“R&D”), community building and support of non-profit sports businesses on the blockchain.



Why Blockchain?

Tokenizing the VC model on the blockchain opens up the market. SportVEST creates a crypto-economy with the value of SVE Tokens bound by a floor price that is responsive to changes in the valuation of the Fund’s portfolio. As a Portfolio Company marches toward a successful exit, it drives up the value of SVE Tokens in the expectation of additional cash being available for investment from the exit of the Portfolio Company. This increased valuation will be supported by the raising of the internal exchange price for the same market forces.

Creating and utilizing SVE Tokens provides a number of strategic advantages:


By using smart-contracts to create the Fund on the Blockchain, SportVEST relies on distributed nodes to guarantee that transactions are processed “on-chain” so no one has the ability to alter the effects of a transaction.


Creating an investment portfolio can be costly, complex and time-consuming - with hundreds of sports investments to choose from in a rapidly growing $480Bn+ (USD) market. At SportVEST we do all the work for you! By holding SVE Tokens, you will get exposure to the Fund’s underlying sports investments, which reduces your risk from investing in a single sports startup or ICO.


By allowing market forces to help set prices of Portfolio Companies made possible via the blockchain and Power Law Sales, we take a more neutral role in the valuation of these companies. Valuations are made based on observations of market prices, the strength of brand equity and the NAV. Our proprietary “Power Law Valuation” method and “Brand Equity Algorithm” are immune to subjective judgment and human bias, with the Kalman Filter factoring in error rates in the NAV to further protect Token-holders in the Fund.



We strive to adhere to all applicable regulations and legal guidelines and will file the offer and sale of SVE Tokens with the SEC, under Regulation D and Regulation S of the U.S. Securities Act. All Purchasers (regardless of location) are required to pass through the Know Your Customer (“KYC”), anti-terrorism and Anti-Money Laundering (“AML”) procedures in order to comply with regulations. We have partnered with Identity Mind (and other leading identity solution providers)

This includes a universal one-year Vesting Period required to comply with the SEC regulations, which incidentally comes with the benefit of providing adequate time for the Fund to find solid investment opportunities and maximize the value of the SVE Token before it officially launches on secondary exchanges.



Following the Vesting Period, SVE Tokens will begin trading on the public crypto exchanges that act like stock exchanges that will set the price of SVE Tokens by matching buy and sell orders. This provides a liquidity option to SVE Token-holders to exit early compared to 5-10 years in traditional VC funds, and also has the potential to increase the Internal Rate of Return.

Each time a SportVEST Portfolio Company has a successful exit, it will add capital and new investment opportunities to SportVEST’s balance sheet, thus appreciation on the balance sheet and in turn will increase valuation and increase the SVE Token price.



The SportVEST smart-contract also provides SVE Token-holders with the option to sell their SVE Tokens directly to SportVEST using a discounted valuated price of the portfolio. While the market perceives the investment strategy of SportVEST as sound, the price on the external market will always be greater than the price on the internal marketplace of SportVEST. If SportVEST buys back SVE Tokens, these will be burned and thus increase scarcity and stability of the SVE Tokens.

How Does this Impact the Token-holder? SVE Tokens are backed by SportVEST cash reserves and unspent commitments to Portfolio Companies. The Token-holder thus has a portion of their Purchase Amount recoverable even under an extremely adverse downturn. On the other hand, with continued good investment, the value of the SVE Token in the external exchange rate, which is engineered to always to be above the internal exchange rate, would be expected to grow geometrically over 5-7 year cycles.

If SportVest is ever called on to act to support the internal exchange price, it would first use cash reserves to buy back and burn SVE Tokens as stated; if cash reserves are exhausted in an extreme case, SportVEST will buy back SVE Tokens using non-distributed investment earmarked to Portfolio Companies starting with the worst performer and moving up in turn until finally liquidating funds earmarked for the best performers. This is similar to a semi-automated process that would sweep out under-performers but would not impact strong performers.

Each iteration of the buy and burn cycle will increase the scarcity of the SVE Token and hence increase its value. A relatively small buy and burn cycle should raise the price of the SVE Token and induce its’ climb back up above the floor price.

Overall, this provides investment value protection for SVE Token-holders. The SVE Token price is guaranteed to stay above a perpetually rising floor price that is calculated to be a small discount off the calculated valuation of the portfolio.



The SportVEST Community will be Represented on the Fund’s Advisory Board. Every year a vote will be cast to nominate one SVE Token-holder to join the Fund’s Advisory Board for a period of one-year. The nominated individual will represent “the voice” and the interests of all SVE Token-holders to ensure further transparency.

SVE Token Price

The SportVEST (SVE) Token price is fixed at: $1.10 U.S Dollars (USD) = 1 SportVEST (SVE) Token. Purchasers using Great British Pounds (GBP) and Euros (EUR) should refer to XE for exchange details. Purchasers using Ethereum (ETH), Bitcoin (BTC) or Litecoin (LTC) should refer to CoinMarketCap for exchange details.


SVE TOKEN RESALE RESTRICTIONS & VESTING PERIOD

There are certain resale and transfer restrictions relating to SVE Tokens which affect all SVE Token-holders.

Transfer & Resale Restrictions:

In order to comply with the U.S. securities law and SEC guidance, any U.S. Persons purchasing SVE Tokens from the USA will be required to hold their SVE Tokens for one-year following the issuance of the SVE Tokens and will not be able to sell their SVE Tokens on secondary exchanges until the first anniversary of the issuance of the SVE Tokens (the “Vesting Period”).

SportVEST believes in the principle of equal treatment of all Token-holders and therefore the Vesting Period will also apply to persons purchasing SVE Tokens as Non-U.S. Persons from outside the USA, who will also be required to hold their SVE Tokens for one-year following the issuance of the SVE Tokens and will not be able to sell their SVE Tokens on secondary exchanges until the first anniversary of the issuance of the SVE Tokens.

Employee & Advisor Tokens:

The Vesting Period described above will equally apply to SVE Tokens issued to SportVEST Employees and Advisors. Additionally, following the completion of the Vesting Period SportVEST Employees and Advisors will be only be entitled to sell a maximum of 10% of their SVE Tokens per annum.

BOUNTY PROGRAM

Bounty program will be available shortly. The bounty campaign will be announced on our official community channels

TEAM


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July 09, 2018, 09:14:50 PM
 #2

GREAT PROJECT
The sports economy is only going to get bigger!
SportVEST really starting to make waves
Cool Cool
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July 10, 2018, 11:58:45 AM
 #3

Thanks Smiley
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July 11, 2018, 03:43:18 AM
 #4

can you tell us how we can trust your team? anything can you say that will help us understand and that we can say you have credibility to actually materialize these plan of yours and that you guys aren't just going to disappear after the funds are received? take these as valid questions, i'm not accusing just answer it and guarantee us something that we don't have to take your word.

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..Competitions......
..& Tournaments...
..for All..................
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July 11, 2018, 02:11:47 PM
 #5

can you tell us how we can trust your team? anything can you say that will help us understand and that we can say you have the credibility to actually materialize these plan of yours and that you guys aren't just going to disappear after the funds are received? take these as valid questions, i'm not accusing just answer it and guarantee us something that we don't have to take your word.


Of course! I think it's very valid points. If you check our website, https://sportvest.io/, you can verify the team being this project already has a lot of previous experience when it comes to global sports investments and sports in general. We would love you to have a look and give us some feedback.

We know the credibility problems that currently the ICO space is facing, this is why, if you read our whitepaper at https://sportvest.io/sportvest_whitepaper.pdf, you will see that SportVEST is FULLY compliant with the U.S Securities and Exchange Commission. The sale of SVE Tokens will be filed with the SEC after the first sale, under Regulation D, 506(c) of the Rules (governing the limited offer and sale of securities without prior registration under the Securities Act) and Regulation S of the Rules (governing the offer and sale of securities outside the USA to Non-U.S. Persons).  

The valuation of SportVEST Venture Fund will be based on multiple estimates including the traditional NAV, a Brand Equity Algorithm and the price of Power Law Sales of the Portfolio Companies. These methods of price sampling provide estimates that can contain noise from market inefficiencies and human bias. To eliminate noise as much as possible we have created our own extension of the Kalman Filter Algorithm.

I really suggest if you could take some time and read our Whitepaper. We cover every aspect of our project there and i'm pretty sure, once you read it, you will understand a lot more on what we are trying to achieve Smiley
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July 11, 2018, 03:58:01 PM
 #6

nice project for sport platform, it's really interesting for join the private sale, but what is the benefit for joining the private sale??
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July 11, 2018, 07:51:27 PM
 #7

nice project for sport platform, it's really interesting for join the private sale, but what is the benefit for joining the private sale??

Thanks for the feedback Smiley

If you wish to know more about our ongoing private sale, I invite you to join our investors group at https://t.me/sportvest and contact us Smiley
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July 13, 2018, 08:04:13 PM
 #8

Follow SportVEST blog for more content at https://medium.com/@SportVEST
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July 18, 2018, 09:06:14 AM
 #9


New article on SportVEST blog: "BLOCKCHAIN TOKEN ADOPTION PROBLEM: Why the network effect is not enough"

Follow us on: http://bit.ly/SportVESTblog
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August 09, 2018, 11:41:57 AM
 #10

SportVEST attended Canaccord Genuity Growth Conference 2018


SportVEST is a Venture Capital fund exclusively investing in future of sports and creating sports as a new asset class. With evolution of fundraising protocol we are rewriting venture investment thesis with enhanced NAV measurement. Venture Capital has to evolve with evolution of new fundraising protocols with new investment algorithms. Understanding and researching on several use cases in sports industry has helped to build this VC fund. We will be focusing on investing in those use cases and beyond. We are at the intersection of sports and Blockchain and pushing the sports economy beyond $500B+. Sports Industries first Blockchain VC fund. Some of the use cases that we will investing in beside traditional sports:

Virtual Reality/Augmented Reality: Improving Fan Experience.
Drone Technology: Improving Fan Viewing.
Data & Analytics: Fan engagement and on-field performance.
Wearables Tech: Improve Athlete performance.
Media and IP contracts: Social and informational mediums for content consumption.
eCommerce/ticketing: Consumer facing models.
eSports
Sports and AI
Big data application in sports
Fantasy sports: Leagues and Fans converge in daily activities.
Fitness applications: Health and Wellness for athletes and fans.
Professional Sports Franchises.
Professional Athletes.
Ticketing & Events on blockchain.
Sports Tech (such as VR/AR, Drones, Wearables, Data).

Current Blockchain Uses In The Sports Industry
Sports Gambling Platforms.
Fantasy Sports & Predictions modeling
Sports market merchandise as digital collectible memorabilia in unique non-fungible token.
Ticketing system on blockchain
Smart Venue Infrastructure on blockchain

SportVEST attended the 38th Annual Canaccord Genuity Growth Conference. The conference was held on Aug 8–9, 2018 at Intercontinental Boston, Massachusetts.

Gayatri Sarkar, General Partner of SportVEST attended the conference. She will be spending August 7th 12–5pm at Blockchain & Digital Asset Symposium, a growth conference prelude at Intercontinental Boston.

For more news, follow SportVEST social media:
Medium: https://medium.com/@SportVEST
Scorum: https://scorum.com/en-us/profile/@sportvest2018
Telegram: https://t.me/sportvest
Instagram: https://www.instagram.com/sportvestico/
Twitter: https://twitter.com/SportVESTico
Facebook:    https://www.facebook.com/SportVESTico/





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August 24, 2018, 12:23:58 PM
 #11


Gayatri Sarkar, SportVEST General Partner, will be speaking at Ocean Inno Tech Fest


🎉Gayatri Sarkar, SportVESTGeneral Partner, will be speaking at 🏆Ocean Inno Tech Fest🏆 about Blockchain Venture Capital and investing in future of sports!
Venture into the future with ⚽SportVEST!

👉More info: https://www.oceaninno.io

For more news, follow SportVEST social media:
Medium: https://medium.com/@SportVEST
Scorum: https://scorum.com/en-us/profile/@sportvest2018
Telegram: https://t.me/sportvest
Instagram: https://www.instagram.com/sportvestico/
Twitter: https://twitter.com/SportVESTico
Facebook:    https://www.facebook.com/SportVESTico/
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August 25, 2018, 09:41:22 PM
 #12

I like sports projects. It seems to me that they are the most promising in terms of return on investment. True, the team must be honest and competent.
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August 27, 2018, 09:16:40 PM
 #13

I like sports projects. It seems to me that they are the most promising in terms of return on investment. True, the team must be honest and competent.

Thanks. We do proud ourselves from what we have done here. If you have a look into our WP, you will see how truly unique we are.

https://sportvest.io/sportvest_whitepaper.pdf
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September 11, 2018, 09:39:56 AM
 #14

SPORTS TOKENIZATION USE CASES: PART 1/4 — SOCCER CLUBS


Author: @benblockchain General Partner

Over the coming weeks we will be looking at tokenized use cases within the sports ecosystem. In part one of our four part series we look at how tokenization will affect football (soccer) clubs and the potential use cases.

Football is the most popular sport in the world so naturally this opens up massive opportunities for tokenization and use of blockchain technology. We are already starting to see a number of clubs partnering with blockchain companies, such as the recent partnership between Cashbet Coin and Arsenal (Read More), or Leicester City’s deal with FansUnite (Read More) and eToro’s deal with 7 Premier League clubs, Tottenham Hotspur, Newcastle United, Leicester City, Crystal Palace, Southampton, Cardiff City and Brighton & Hove Albion (Read More). As well as clubs making key partnerships we will also start to see them exploit the many other benefits of an already $40Bn+ industry.

Football, blockchain and cryptocurrency already have an interesting partnership that will only continue to grow over the coming years. Since the corporatization and commercialization of football over the past 30-years, the financial gains from the game have been enormous. It only makes sense that this will forge alliances moving forward into a brave new economic landscape, and it’s already apparent that the allegiance is a match made in football heaven.

Consideration of a “Football” Token issued either by each club in a league or the league association itself will provide many additional benefits for both clubs and fans alike bringing them together with a common interest in the business of the sport, while improving of a number of inefficiencies and inter-related components that currently exist. Tokenization will provide clubs with a new financing model, which involves token-design and issuance services.

So, lets take a look at how Tokenization could work and the benefits.

“FOOTBALL” TOKEN USES
Branding & Loyalty


All top level clubs now have fan bases spread far and wide across the globe but they struggle to connect properly and harness the potential revenue streams from all their fans. For example, Real Madrid have a global fan base of approximately 450M but only around 1% of them will ever pass through the Santiago Bernabéu Stadium to watch their team live. So what about the other 445.5M fans? This is a massive untapped revenue that far exceeds any current revenue streams, such as TV rights etc.

Football has become an expensive pastime supporting your team with tickets, travel, merchandise and concessions etc. costing each fan thousands of dollars per year. Disrupting the current third-party infrastructure that many clubs use today as a marketplace for tickets and merchandise can provide full transparency of a ledger, while the decentralized nature of a Token provides the emergence of a revolutionary financial ecosystem allowing clubs to pass some of the savings directly onto their fans.

Tokenization naturally increases brand and loyalty. How? Lets look at how a Token could be used to align the incentives of clubs, fans, and players while revolutionizing the football industry.

1. Ticketing

Watching your team play, week in week out, home and away, can be a costly experience. Many clubs still use antiquated ticketing technology from legacy operators typically paying fees ranging from 5% to 8% in commission based on the notional value of tickets sold. Tokenization can reduce the third-party payment processing costs, fraud and risk, these savings can directly go back into the ecosystem for fans, businesses and other programs such as youth development.

Clubs could offer cheaper tickets and track fan behavior offering relevant promotions with each fan having their own digital wallet holding Tokens used to purchase season or matchday tickets. Verification of tickets on a ledger would allow fans to buy genuine tickets from third-party vendors eradicating forged tickets sold by ticket touts while reducing clubs processing fees to zero providing a win-win scenario.

2. Merchandise

Buying the latest shirt or other merchandise can be extremely costly with football shirts alone costing anywhere from $100 to $150 per season. Transaction fees from processing merchants can range from 2% — 4% and fake, cheaper copies flood the market with clubs loosing millions of dollars globally on an annual basis.

Purchasing merchandise using a Token enables fans to easily purchase original merchandise, access exclusive services and other packages and purchase with a Token — from anywhere in the world. Again clubs can track globally through a ledger who has purchased what merchandise where, while reducing processing fees to zero.

Additionally autographed merchandise can be recorded, authenticated and verified on a ledger giving both fans and clubs more control and transparency. Player cards, stickers, digital historical shirt ownership and other digital collectibles can be offered by the club increasing revenues and engaging fans while increasing brand value.

3. Concessions

Ok, you have the ticket and have bought the shirt but it doesn’t end there. Once inside the stadium food and drink can soon add up! Transaction fees from processing merchants range from 2% to 4% while Tokenization reduces these processing fees to zero.

Building in an additional rewards system to the Token can increase revenues and reduce overall costs for the fans while the club can use targeted promotions tailored to specific third-party vendors providing better value to its partners.

4. Betting

Sports betting is well established in the UK and Europe, however, it was only legalized in the United States in May of this year (Read More). Utilizing a blockchain betting platform provides a more cost effective service for fans allowing clubs to negotiate with these betting providers a share of the profits and use of their Token within the platform. Previously untapped bettors in the US will now be able to place bets on their favorite teams bringing billions of dollars of additional revenue into the ecosystem.

5. Player Transfers

Yes, it has already happened in case you missed it! Amateur Turkish club Harunustaspor paid 0.0524 in Bitcoin (approximately £385) and 2,500 Turkish Lira (£470) as part of the deal to sign 22-year-old Omar Faruk Kirogl in January (Read More), while Rimini FC, a team in lower tiers of Italian football, became the first club to be purchased using cryptocurrency (Read More).

Currently clubs pay a minimum of 2% to 3% in fees when transferring money across borders for player transfers. In the UK, Brexit will heavily impact clubs purchasing power. Blockchain technology and Tokenization has the potential to make this process more efficient. Exploring Token use as a currency that facilitates player transfer fees between clubs can increase transparency and reduce costs. We could go as far as suggesting players salaries my even be paid in digital currency sometime in the future.

6. Streaming

For many fans it is impossible to get to watch their team live in a stadium due to spiraling costs, location and availability. This leaves many with little choice but to pay for expensive cable packages or one off pay per view games. Most clubs operate their own TV channels however these are not monetized to their full potential. Tokenization allows for better interaction, premium content, and rewards linked to ticketing and merchandise. Fans now want to consume content in a different way with match highlights and player interviews becoming more popular. The ability to connect anywhere “on the go” and watch your team is appealing to many fans.

7. Fan Engagement

A Token allows a “fan-driven” football community the opportunity to take part in various club and fan experiences from matchday tickets, tours and player meet and greets (VIP experiences) to specific merchandise and third-party partner offers. The goal is to create the “ultimate sports community” for fans. Converting existing fans and attracting new ones while monetizing the technology or service stemming from it is key.

A matchday experience is no longer just about the game, it encompasses a whole lot more.

Maintaining and growing a fan base means clubs now need to offer fans who are not in the stadium a similar experience to those who are. Currently they are missing many opportunities due to a lack of tech implementation and innovation creating a big disconnect. Betting, fantasy sports, gaming, promotions and give aways are just a few ways of utilizing a Token to engage a broader and bigger fan base.

Furthermore the clubs stadiums will emerge into “Smart Venues” facilitating increased revenues within participating venues and also the surrounding business community.

8. Club (Equity) Ownership


There are billions of football fans who are a young demographic, keen to invest in their favorite teams and players. Tokenization can give them the opportunity to partake in club financing packages and be directly rewarded or take equity ownership at a lower cost.

In terms of Club (Equity) Ownership, Tokenization allows clubs of all sizes to raise capital via equity sales and also offer contributors a wealth of fan experiences and social interaction. For the club it brings cost savings, economies of scale and higher security to capital programs and for a smaller club the opportunity to significantly increase their fan base and compete financially in the marketplace.

Clubs can benefit from brand association and the fact that global exposure encourages fans from farther afield to build a portfolio of clubs in the same way we currently buy stocks. Tokenization enables an injection of fresh “cheaper” capital to create added-value boosting clubs financing, helping improve fan engagement and promoting social good, youth development and gender equality. Global fan ownership can allow any fan can buy, trade or sell their Tokens of choice.

9. Sponsorship

Sponsorship has always been a big revenue stream for clubs. This can include anything from shirts, billboards, training facilities, to the stadium itself. Premier League club, Wolverhampton Wanderers and CoinDeal signed a shirt sleeve sponsorship deal this season (Read More). Tokenization will allow clubs to negotiate better, more profitable sponsorship deals in the future. Clubs my also want to tokenize their actual playing squad increasing revenues generated from the rights they have to those players.

SUMMARY

In summary Tokenization brings security, transparency, and lower operating costs. The partnership between football, blockchain and cryptocurrency is just beginning. The potential ventures really are endless and cover many aspects of the game which we have touched on, from finance and sponsorship, to grass-roots coaching, technical innovations and beyond.

Don’t forget to look out for part 2/4 of Sports Tokenization Use Cases which will be looking at Professional Athletes. Follow us here on Medium and don’t forget to clap our articles!

For more information on the SportVEST Private-Sale, contact us at: hello@sportvest.io or visit our website at: sportvest.io. Don’t forget to join us on Telegram and follow us on Twitter.

Original Article: https://medium.com/@SportVEST/sports-tokenization-use-cases-part-1-4-soccer-clubs-8b9f3e83e0b1
filipeandre
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September 13, 2018, 09:40:21 AM
 #15

@SportVEST VC fund team and GP @bensportvest will be attending hashtag TokenFest tomorrow in Boston. If anyone wants to connect please reach out to him.


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September 14, 2018, 06:33:08 PM
 #16

🎉Gayatri Sarkar and Ben Godfrey will both be speaking at #GBCC in #Boston
 
http://www.globalbigdataconference.com/index.html

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September 14, 2018, 10:35:02 PM
 #17

You wrote. "If the market valuation of the SVE token is lower than the price on the foreign market, SportVEST will buy and record SVE tokens until the public price of the SVE coupon becomes higher than the Token's internal exchange rate." And if this situation lasts long enough? By what means will you do it?

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September 17, 2018, 12:52:36 PM
 #18

You wrote. "If the market valuation of the SVE token is lower than the price on the foreign market, SportVEST will buy and record SVE tokens until the public price of the SVE coupon becomes higher than the Token's internal exchange rate." And if this situation lasts long enough? By what means will you do it?

The answer is here in the thread, "If the market valuation of the SVE Token is below the external marketplace price, SportVEST will buy and burn SVE Tokens until the public SVE Token price is above the internal exchange rate for the Token. We thus say SVE Tokens are strongly backed by assets but have an upward potential. Over time, the payoff of successful investments will increase the Fund’s investment potential. The SVE Token will appreciate in public marketplaces in response to raising internal exchange rates"
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September 17, 2018, 07:18:56 PM
Last edit: September 18, 2018, 11:42:57 AM by filipeandre
 #19

⚽SportVEST⚽ is proud to announce a partnership with Fan360🏆, a blockchain-based platform for sports fans, that covers the complete fan experience! Venture into the full experience of sports with SportVEST and Fan360!

https://scorum.com/en-us/innovations/@sportvest2018/sportvest-and-fan360-join-strengths




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September 19, 2018, 12:25:41 PM
 #20

Ben Godfrey, Founder of 🔥SportVEST🔥 will be speaking at #GBCC #Boston Sep 26, 9.40am, Hurry!! Book your space now & get $100 discount use promo code ➡TWITTER⬅ buff.ly/2CZrti1

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