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SportyCo, the decentralized sports investment ecosystem, has launched the beta version of its platform. The SportyCo platform now enables prospective athletes to receive donations from fans and supporters, thereby acquiring the funds necessary for their success. The released version of the platform, expected at the end of March, will also enable small investors to invest in prospective athletes for a percentage of their future earnings.
The launch of the beta version comes less than three months after the successful conclusion of the SportyCo token crowdsale, in which approximately 70 million non-mineable SPF tokens were released to crowdsale participants, ambassadors and the SportyCo team, the latter of which are vested for a period of one year.
Running on the Ethereum blockchain, SportyCo 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 is supported by several major athletes, like football superstars Ronaldinho and Roberto Carlos, former NBA center and Cleveland Cavaliers scout Primož Brezec, and ski jumper Noriaki Kasai. SportyCo is also advised by notable names from the world of cryptocurrencies, including Charlie Shrem, Phillip Nunn and Robby Schwertner, among others.
The beta version of the SportyCo platform launched with three up and coming athletes collecting donations for furthering their respective careers. Diego Silvio Franzot, a 16-year-old football player from Italy, is currently studying and playing at IMG Academy in Bradenton, Florida, USA. Gasper Kemperle is an up and coming Slovenian skier, who grabbed a place at the FIS U18 Championship. Jaka Gorjan is, at 11 years old, one of the biggest talents of motorcycle racing, with plans to win an Italian and European championship this year.
The three athletes will join others during the testing period, while the final release of the platform in March will open the platform to all prospective athletes.
The investment module, which will also be released in March, will enable small sports investors to not only donate, but also invest in prospective athletes via long-term smart contracts.
SportyCo believes that every promising athlete deserves the opportunity to pursue a professional career and every small investor should be able to back an athlete he believes in. The platform’s mission to open up the $1.3 trillion sports industry to small investors, democratizing sports investment and opening a new chapter in the sports industry.
For more details, check out the SportyCo Website and come chat with the team on Telegram.
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The post SportyCo Launches Beta Version Of Its Platform appeared first on Crypto Currency Online.
source https://cryptocurrencyonline.co/sportyco-launches-beta-version-of-its-platform/
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