PlayMaker Chain - the world’s first blockchain applied to sports science and business
By incorporating modern training measuring devices and IoT with the irreversibility and immutability of the blockchain technology, PlayMaker is creating the ultimate business-focused ecosystem for sports.
Professional athletes train wearing special sensors which send the recorded training data directly to the decentralized storage in real-time. That data can be reached seamlessly by entities holding private keys.
Data recorded in this irreversible way is completely trustworthy and thus, can be used for more purposes than it was possible with traditional centralized servers. Simply put, PlayMaker is introducing the sports science with the blockchain technology, producing a polyvalent database ecosystem in the process.
How that works?Say that Juventus wants to buy Luka Modrić next summer. Since Luka is already 33 years old, they want to have a detailed and trustworthy overview of his physical condition before they make a multi-million|acquisition.
Real Madrid provides the access to all his training data stored on the blockchain which is secured with a private key, and, according to it, Juventus are able to make a more educated decision about the acquisition. Juventus would be able to completely trust the data presented to them as it is a known fact that data which is stored on the blockchain can’t be changed. And since it is stored in real time by the machines themselves, all “fine-tuning” of human origin is out of the equation.
Technology PlayMaker is a project based on the blockchain technology forked off the VechainThor ledger. Its intention is to tweak and utilize Thor’s technology to present solutions for some notable problems in the world of sports. From the use of the training data harvested through the IoT devices and AI, all the way to the revolutionary ticketing system.
Since this undertaking demands some improvements in the technology, instead of the approximately 10,000 transactions per second on the Thor network, the PlayMaker blockchain will handle up to 15,000 transactions per second.
However, the vision behind PlayMaker is to be complementary to VechainThor – not to compete.
While Vechain is used mainly for supply chains in various industries, PlayMaker will be dedicated to all sports-related businesses, providing sports institutions with more transparency and business options. Therefore, PlayMaker has been made simple and tech-wise similar to VechainThor so that the system could gel with Thor’s bug fixes inside the minimal timeframe.
In short, rather than concentrating on “whose technology is fundamentally better or faster?” race, we are experiencing in the blockchain industry nowadays, PlayMaker is committed to building a trustworthy decentralized business solution with transparent information flow, collaboration, effectiveness, and high-speed throughput.
The back end of the PlayMaker system consists of:- Blockchain as a service
- Internet of trusted things
- Proof-of-Authority consensus reaching mechanism
The front end is established in 3 simple steps:- Install PlayMaker
- Run the network
- Proxy to the network
- Client to PlayMaker
The system with two cryptocurrenciesPlayMaker (PMK) - 80 billion
The main utility token on the PlayMaker network used to run authority nodes and smart payments on the network. Sold during the funding campaign.
PowerPlay (PWP)Token generated by the network for authority node rewards. used for executing smart contracts, writing data to the blockchain, and PMK transaction payments.
PlayMaker nodesAuthority nodesAuthority nodes are used to validate all transactions on the PlayMaker blockchain. Although the requirements to run them are the highest, their owners will get the highest rewards. There will only be 101 authority nodes. The minimal amount of PMK to apply for one is 200.000.000. Authority nodes are selected and rated by PlayMaker and require a full KYC and application procedure. They need dedicated hardware for blockchain validation and their owners receive the highest PWP production rate along with some voting rights.
Economy nodesThe economic nodes are not validating blockchain transactions, but offer stability to the ecosystem and also generate PWP income for their owners. No hardware is required, users only have to place their PMK into the PlayMaker wallet. The minimum of 400.000 PMK is required to set up the smallest node.
Bonus - The ticketing systemPlayMaker App allows all fans to buy tickets online using PlayMaker’s system, which cuts down costs of ticket printing, distribution, and accounting so critically that organizations will be able to lower the prices while providing fans with the much better
user experience.
Fans buy tickets for their favorite team’s matches in PlayMaker (PMK) cryptocurrency or fiat currency accepted by the organization. In the meantime, they are able to vote in club-issued polls, like “Which jersey would you choose for the upcoming season?” or “Who was our MVP last season?” The more tickets a fan buys, the more power his/her vote holds.
This deepens the connection between clubs and fans and provides an extra level of influence a fan can have on the club’s decisions.
If you have come this far reading…That means that our project really caught your attention, and we definitely want to thank you for that. Since that is the case, you might want to give us some feedback or join our community:
WebsiteTwitterTelegramDiscordLinkedInRedditYouTubeSpecial offerCurrently, we are selling 2% of the ownership share in our company in Malta for $30,000. The investor will immediately be included in the ownership structure as well as be considered as a founding member of the team.
For more info reach out to:
kapetanic@playmakerchain.com
