How blockchain and Sportcash One can help build up funding for a sporting career?
Commercial sponsors can make up some of the difference, but they most often sign up the golden stars — the big names who can sell watches, sports drinks, candy or clothing. The lesser, younger, up-and-coming stars, often in somewhat obscure sports that don’t draw big TV ratings, need to fund their own dreams.
Sports associations are constantly looking for new ways of communicating and raising money in an industry that has become highly competitive. With the rise of self-organised sports activities, clubs are keen to diversify their activities in order to increase their membership and build loyalty. Member engagement has become a priority. Innovation, and Sportcash One blockchain platform for sports , can meet the expectations of clubs, federations, fans and members with few products especially designed for the sports world .
Today’s sports institutions are designed for high-level athletes scouted at an early age by sports professionals in clubs or sports centres. But talents can emerge later or outside a high-level sporting structure. So how can these athletes be given the chance to become the champions of tomorrow? What Sportcash One can do to help them find funding and manage their sporting data?
- Funding of Athletes, Clubs, Federations via digital blockchain platform in the form of a token issuance (ICO/STO)
- Creation of a pool of Athletes appointed by a “Sportcash One” Board
- Establishment of a contract between investors and athletes or pools of athletes
- Provision of sporting data (results, physical performances, etc.) on the platform thanks to the athlete, who authenticates the information
- Creation of a marketplace to sell athletes’ data to other stakeholders: athlete management systems, clubs, leagues, broadcasters, labs
- Funding for semi-professional athletes who are not part of a high-level structure
