Sponsy is a platform that makes use of today’s revolutionary technology, including blockchain!

in blockchain •  7 years ago 

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Sponsy is a system which uses today's revolutionary technologies, such as blockchain, to interrupt how events and brands do sponsorships. Because of decentralization of automation and decision-making of operational procedures, we not only cut prices, but make sponsorships accessible to each business enterprise.

Sponsorship is presently considered among the fastest growing advertising sections not just in the USA but worldwide. Everybody now has likely been subjected to some sponsorship deal in 1 kind or another -- make it a sports tournament such as FIFA partnering with McDonalds, a few athlete making structures with Nike or musical festival connected with Heineken.

The marketplace of sponsorship deals has surpassed $60Bn of yearly investment and will achieve $90Bn from 2019. This unbelievable growth is occurring due to popularization of big sponsorships deals and the operation of former transactions.

What is wrong with all the sponsorships sector now?
Despite its size and importance, the entire sponsorships sector, with 40 percent of disgruntled patrons and sponsored parties, begs for advancement.

Sponsorships these days are mainly done with the assistance of intermediaries, that can be known as sponsorship agencies or agents. Main issues of the sector arise from an unbelievable centralization of this marketplace. There agents often prefer huge prices between notable brands and possessions over affairs involving smaller businesses and places. This is a massive catastrophe for yet-to-grow manufacturers fighting to figure out ways to promote themselves.

The background of sponsorship deals is filled with cases of multimillion-dollar litigations, which happened due to the inability of a lawyer to complete the contract in a correct way.

Small Regional events have been overlooked by conventional sponsorships bureaus as being Not Able to provide considerable financial yield

We're making sponsorships available for everybody! We provide a distributed solution, which joins companies from all around the world who are eager to become involved in sponsorships.

One of our most important advantages is in the capability of thousands of independent customers - that our tokenholders - to convey opinion on the upcoming real estate deal. These individuals are convinced not experienced in performing sponsorships, however they represent the target market, whose optimistic opinion is so desperately wanted by brands and occasions. The analysis of these volatility of token holders enables looking in the sponsorship trade through the eyes of end-consumers and creating proper choice.

Conventional agents run sponsorship deals using the limited circle of workers. This doesn't permit them to faithfully evaluate the benefits and pitfalls of an expected sponsorship deal. We're not likely to employ countless full-time workers, like designers, attorneys, etc., since then we'll constrain our collective intellect to the people we've hired.

Rather, we'll allow experts dispersed throughout the world to take part in the execution of each trade. This would eliminate mistakes and speed up this procedure. By introducing a really innovative proof-of-work-done theory we are able to guarantee confidence and verifiability of the job performed by our specialists.

The specialists' services market, current in Sponsy, resembles a normal freelancer exchange. As we don't plan to gain from the services rendered by specialists within our community, we don't charge experts any penalties. By charging such low rates for high quality solutions, we hope to get increased attention from businesses interested in sponsorships.

The sponsorship industry now is notorious to be horribly time-consuming and more unpredictable. The ordinary sponsorship price can take as much as a year to finish!

Website: https://sponsy.org/

Whitepaper: https://sponsy.org/sponsy_wp_en.pdf

Twitter: https://twitter.com/sponsyApp

Facebook: https://www.facebook.com/sponsy

Author: https://bitcointalk.org/index.php?action=profile;u=1397555

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