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Everyone loves sports, so it makes sense that today’s most transformative technology – the blockchain – should help give athletes from all over the world a better chance to participate in competitions. Hence, a team of sports and technology enthusiasts has developed an ecosystem known as SportyCo to facilitate and reshape the sports financing industry.
SportyCo, running on the Ethereum blockchain, will use smart contracts and other blockchain benefits to minimize logistical issues and sports financing costs, and maximize instant and secure transactions between the participants in the sports economy, along with introducing new ways for athletes and sports organizations to find funding.
The project, originally known as SportyFi, has recently changed its name to SportyCo as part of a rebranding initiative. The name change is intended to make the multi-faceted sports financing project more recognizable.
The original name, an amalgam of “sports finances,” was an effective tongue-in-cheek description of what the project seeks to achieve: change the ways sports and athletes are being financed to achieve success, but the team has decided that the original name is too similar to another popular online service.
The team is now working hard to rebrand all of its online properties as soon as possible. New developments will be announced as the platform is scheduled to launch in a couple of months.
In support of the rebranding initiative, some key partners have joined the project.
Roberto Carlos has joined as partnership manager, reaching out to clubs and organizations around the world to join the SportyCo project. Carlos is not a new name for the project’s fans and followers – the football superstar was one of the first world renowned athletes that endorsed the project and has been an ambassador ever since.
On the technology front, Spartan Solutions, a leading blockchain development company, has teamed with SportyCo to deliver exciting new services on the platform.
Spartan Solutions has already worked on the back end of the platform and is preparing everything for the upcoming launch. Spartan Solutions will continue to work closely with SportyCo after the launch of the platform, developing new ideas and products, and upgrading the SPF Token ecosystem.
The combined knowledge of SportyCo’s sports industry acumen and Spartan’s blockchain insight will bring several ideas from the past months from concept to reality.
SportyCo will bring new ways to invest in sports, providing both fans and potential sports investors new tools to participate in one of the world’s largest and fastest growing industries.
In disrupting the existing model for sports participation financing, SportyCo will enable the sports community to raise funds independently, generating new strategies for investing in sports.
SportyCo is on track for a March launch. Stay tuned for more exciting announcements in the coming weeks.
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The post SportyCo Sports Financing Project Rebrands, Taps World Famous Athlete And Technology Partner appeared first on Crypto Currency Online.
source https://cryptocurrencyonline.co/sportyco-sports-financing-project-rebrands-taps-world-famous-athlete-and-technology-partner/
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