London Football Exchange SWOT Analysis

in ethereum •  7 years ago 

London Football Exchange is a revolutionary project that aims to unify the entire football community under one umbrella platform. LFE provides an internalized currency that will allow fans and businesses to easily transact for all things football. Additionally, the project offers fans the first-ever opportunity to own a piece of their favorite team and then to trade either the shares or the LFE tokens on an internal exchange.

Read on to learn about LFE’s strengths.

LFE SWOT Analysis

SWOT analysis sheds light on the potential of a potential project.

Strength.png

London Football Exchange’s strength is the team. The CEO, Charles Pittar, in particular, has an extensive network on a global level. Moreover, the fundamental financial expertise necessary to carry out this project, as LFE intends to tokenize team ownership, is a major challenge.

Mr. Pitter has enough experience in financial markets to have a proper grasp of how to develop a share-market for football teams—a revolutionary concept.

The level of expertise he has also intimidates the chance of any competitor to enter the market. His established business networks and expertise allow him to achieve the depth of this project by leveraging his work history.


Weakness.png

London Football Exchange is a product for the masses. It’s trying tokenize football teams for fans so they can own something they love and actively be a part of football. However, the mass market has not adopted tokens yet. This may pose as an issue.

However, the project has placed its token in a brilliant manner. LFE Tokens are being presented not as crypto, but as loyalty points. This is something everyone can relate to and it’s like LFE Tokens will be the first and only cryptocurrency many will own. Moreover, by providing an internalized means to buy and sell these, LFE has removed the difficulties people face in trading crypto in normal exchanges.

The team’s business operation skills are evidenced by the clever way they have pitched their product and the proactive efforts they have made to make the product appealable to the mass market.


Opportunity.png

Football is the largest sport in the world and tens of billions of dollars are spent in activities related to it every year. LFE is giving the fans the first ever opportunity to own a piece of something the teams they love. The sheer market potential this can have is extraordinary.

Even from an investment perspective, financial knowledge is at its peak in terms of availability to the average person. Today, investment portfolios are held by a vast portion of households due to the ease of investment with the aid of the internet. Many people are accustomed to trading shares.

LFE is launching into a market where its offering an opportunity to invest in something many people could only have dreamed of in the past. This product will be welcomed with open arms.


Threat.png

LFE has extensive plans as it isn’t just making an exchange for trading team’s shares, but it is also developing an internal exchange, wallet, currency, and many, many global partnerships. The project may be spreading its resources too thin.

However, the project has a team that has deep-rooted experience in many industries and they are also on track to raise a strong sum of funds. While the project is extremely ambitious, it has a driven team with plenty of resources.

LFE Contact Information

🌐 Website: https://lfe.com/
💡 Whitepaper: https://lfe.com/download/LFE_whitepaper.pdf
👨 ANN Thread: https://bitcointalk.org/index.php?topic=2893234.0
💻 Telegram: https://t.me/lfemarket

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Nice post

Thank you!

Hi, I just followed you :-)
Follow back and we can help each other succeed!

Sure thing

I upvote u and follow. Pls upvote and follow me also. We help each other. Tnk yoy

I @robus just followed you too. Lets help each other to grow

Wow It's interesting the announcement can be for togetherness as well

Exactly!