History have it that sporting activities do not just improved the economy of a nation but also brings togetherness and unity within countries /continents. The good thing about sporting activities is that it is emotional, exciting to both the participants and the fans. This may not be found in other industry. Just like every other sectors, challenges are inevitable but the ability of the people to identify the challenges and create solutions for it makes it more interesting and exciting.
The most challenge facing the sports industry is the inability of the young athletes to achieve their goals due to financial constraint. The challenge may be traced to the government, society, family and even to the club. This call for the total overhauled of the world of sports so that greater number of young ones can participate to make their dreams come through. The economy needs should not discourage our young talent from developing and achieving their ambition in sports activities. The world of sports should be decentralized and then financially empowered to allow freedom of all global talents. Creativity and innovation is one of the way to reduce the problem in sports industry.
Globatalent platform is here with the solution to the problem; it is a decentralized market place in which investors and fans can invest their money in the club, players and obtain returns through buying and selling future benefits guaranteed by their image rights, player TV contracts or any other income they receive. The platform will help to ensure that everyone has access to sports financing. With the Globatalent Platform you will be able to support and invest in athletes from anywhere around the world. It is a unique platform build on a blockchain ecosystem which will enable the sports athletes, teams and other sports organizations to post their profile, achievements and future plans in Globatalent platform.
The challenges
The problem could be from both side: the club and the athlete. Investors lent money to some clubs to purchase sporting rights of players for the past years. They do so with high interest rate and also 30% of the future player’s right. The 30% goes to them when the club sells the player. This could affect the club financial strength because they may be force to sell the players as at the time not due.
The solutions
Globatalent offers an opportunity to worldwide population to support their or future sports talent indifferent ways.
Individual can buy and sell players for future benefits. The Globatalent platform will help clubs receive financial support, they will decentralised the sports industry by allowing fans to invest in their team or player of their choice and get their at the end of the deal. It will also help the club to sell and tokenize their right and receive profit and benefit in advance.
In summary, Blockchain ecosystem will help to ensure that everyone has access to finance.
Important Globatalent ICO link:
Website: https://bitcointalk.org/index.php?topic=2690003.0
Whitepaper: https://globatalent.com/whitepaper/
ANN thread: https://globatalent.com/pre-sale/
Telegram:https://t.me/globatalent
My bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2159948