Sportzchain is a platform that aims to connect fans and their favorite sports teams while also providing them with the opportunity to influence the decisions of their teams. The Sportzchain platform presents a unique model that benefits both fans and the teams with whom they interact. Because it is powered by blockchain technology and an BEP20 token, the Sportzchain platform can provide instant, transparent interaction between fans and teams, which results in a more robust fan experience.
Decentralization allows for better, more transparent interaction between fans and their favorite teams. This opportunity to interact with your favorite sports team also helps strengthen your connection with them. Fans have always wanted to have a greater role in supporting their teams, and what better way than earning tokens directly from them? As fans earn these tokens, they gain status on the platform by accumulating points, which eventually leads to various opportunities such as voting on major league decisions or even receiving exclusive merchandise only available to holders of certain status levels.
Here Are A Reason Why You Must Join in Sportzchain
Sportzchain is a new blockchain platform that will enable sports teams to raise funds, reward fans and most importantly, engage the fans in ways never seen before. While the blockchain space has seen some use cases involving fan engagement via blockchain, these have largely been either nonexistent or not very useful. For example, one of the popular use cases of blockchain technology so far is crowdfunding. A lot of platforms are being built on top of the blockchain to enable this function.
However, the way in which crowdfunding was originally designed was not meant for sports teams but for start-ups and businesses to raise funds for their projects. In other words, it was meant for equity funding (putting up a stake in your company). Sports teams don’t do that — sports teams earn money by selling tickets and merchandise. Therefore, if you’re working with a team to raise funds through a blockchain-powered platform and you’re talking about equity funding, that’s not going to work at all because it’s something that the team doesn’t want and is something that they’ve never done before.
Here Are A Reason Why You Must Join in Sportzchain
You are talking about a blockchain for sports fans. For anyone who’s been around sports, you know that fans are a special breed of people. They love their favorite teams, getting into arguments about the slightest of details about the games, and are willing to bond over the most minute details of the game. Sports enthusiasts are a special sort. They adore their preferred teams, getting into debates over the least of facts of the games, and are eager to connect over the most minute minutiae of the game.
Sportzchain is the first-ever sports owned and run blockchain that leverages smart contracts to promote trust and transparency between businesses and their fans. Sports fans will be able to influence their teams’ choices in order to establish a better ecosystem between themselves as fans, their teams as brands, and other fans that also engage on the platform. Sportzchain is the first-ever sports owned and operated blockchain that utilizes smart contracts to ensure trust and transparency between brands and their fans. The platform is built upon the Metaverse blockchain and will facilitate activities such as fan voting privileges, ticket exchanges, event bookings, prizes and awards, VIP member/event perks, retail discounts, merchandise sales (ATH), team sponsorships, perks and more.
Sportzchain lets you earn money by using our tokenized wallet system. You can also trade or exchange your tokens from one sport to another; all this is done on our decentralized platform. Your tokens can be used in the following ways:
Tickets for events
Merchandise
Fan experience zones
Exclusive access to players
VIP privileges for special events (e.g., meet-and-greet)
$SPN Token Utilities
$SPN is a cryptocurrency token that has a function and may be used for something specific. Sportzchain utilizes this coin. The more valuable $SPN gets is directly proportional to the amount of usefulness it has. On our platform, the purchase of team-branded tokens may be done using $SPN.
That sums it up well. The only way that value can rise is if a large number of individuals use $SPN to purchase team-branded tokens on our platform. This is the only way that value can rise. In order for this to occur, you will need to develop a fantastic platform that people are excited to utilize.
In order to do this, you will host a lottery once every week to distribute tokens, and you will offer holders of $SPN free money equal to twenty percent of the platform’s total earnings. Due to the fact that customers have a chance to win free money just by purchasing and holding the currency, this will serve as an incentive for people to stake and hold $SPN. It is necessary to have $SPN in order to purchase any team-branded sports tokens.
SPN Token Utilities
Sportzchain will offer a complete solution for sports fans to be able to use their $SPN token and have access to unique opportunities and experiences from their favorite sports teams. With $SPN constituting the core of our platform functions, you believe will deliver high financial rewards for the token holders over the short, medium and long terms.
Below are some of the reasons why you believe that:
Sportzchain will be used as a pre-requisite for purchasing exclusive team branded tokens in which there is a large sale supply associated with it.
Sportzchain will be used as a pre-requisite for participating in strategic contests and polls which drive large adoption for $SPN.
There will be weekly lotto held for $SPN holders with a chance to win 80% of the lottery pool on a weekly basis. 20% of the platform wide revenue will be allocated for $SPN holders which will be used for ‘Buy & Burn’ or ‘Buy & Lock’ to limit token supply.
In conclusion, building a fan-driven sports ecosystem is no easy feat, but if done successfully, Sportzchain will help drive demand for the $SPN token. However, before we can begin evaluating this ICO through our three fundamental lenses (return on investment, underlying technology, and team), let’s first go over its key features that make it stand out from the various other ICOs in the market.
What’s more, the project has clearly identified numerous potential use cases for the $SPN token, and how they will utilize them to bring value to fans, athletes, sponsors, and team organizations alike. Given everything you have seen here today, we have no doubt that Sportzchain will be a success.
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