BoutsPro ?
This is an experienced in the martial arts organization, which managed to exploit blockchain technology in promoting karate. This project helps in organizing events, improving sports education, drawing the attention of media; it makes it easy to earn money etc. The implementation of its own tokens will support the future of this particular kind of martial art. With the help cryptocurrency novice contests may develop into professional tournaments. BoutsPro has an idea to support numerous programs to promote karate as a worldwide sport.The main concept of this project is to help amateurs in becoming professionals. Those, who practice martial arts as beginners, bear all the costs needed in training and performing during contests. BoutsPro gives an opportunity for such people to turn their hobby into a sports career. Everyone interested in karate can receive help from this organization.
THE PROJECT
The world professional sports organization of karate BoutsPro launches its own crypto currency BOUTS on February 16, 2018. Karate as Sports is famous sufficient in the world. The neighborhood which include Karate Students, Practitioner, and Teachers/Trainers & Academy body of workers is greater than190 million worldwide
BoutsPro plans to popularize the idea of karate all over the world, both at the amateur level and among professionals.
Professional sports like Football let their players find their horizons, fulfill their dreams and live the lives of celebrities. But Karate, amateur sport fails to fulfill this aspect. The athletes pay to participate in the tournament and everything is set from the fee received from the participants while the professional sports players receive to play and get additional facilities and opportunities.
Professional sports will receive the necessary financial support for the tournaments and the preparatory process for them.
The Executive Council of the company gathered the best representatives in this sport, many of which have already become legends of karate.
Project BoutsPro plans to unite all directions of karate under one organization.
GLOBAL ADVANCEMENT
The currency offered by Bouts-pro has worldwide fame and has grown so much in just a few years that at first in 2017 its value was $0.0020 but now, it has grown to $0.05 in the end of 2017. This indeed is very amazing and unmatchable. People are calling it one of the leading currencies of the world. It is now being recognized even in the smallest under progressed states due to its fame.
IMPORTANCE OF BOUTSPRO
The popularity of this kind of sport is spreading all over the world, currently the number of participants has almost reached 200 millions. The total includes practitioners, instructors, students, and there is a need in a transparent fund management system that can regulate the income from such sources as tournament or event sponsorship. The system has a need for organizing a process of payments, for example, staff salaries. BoutsPro used the blockchain technology for implementation of such a system. It allows clarifying the fund management and it simplified the currency. This transparency will attract the attention of numerous sponsors and investors.What are the opportunities of a blockchain? It documents and approves all the transactions so that the whole process is safe and trustworthy. These transactions are recognized by miners, this process ensures that scammers won't hack the system. Blockchain technology excludes a need in mediator since it is a decentralized system.
Technical details
Bouts tokens (ERC20) use the Ethereum based totally Block Chain science which widely frequent as properly as secure, quickly and transparent. Similar to how the HTTP protocol defined the internet, ERC20 is a protocol that defines a set of commands that a token must implement. The ERC20 protocol fashionable contains primary functions that any useful token should put in force to allow trading. These include transferring tokens, inquiring the stability of tokens at a certain address, and the complete supply of tokens. ERC20 compliant tokens all have the same functions, with the equal names, that take the equal arguments. You can create a token exchange system
that approves you to quickly add new tokens to your platform the second they are released, as lengthy as they comply with the ERC20 standard.The cease end result is much less risk, extra uniformity, reduced complexity, and more suitable liquidity of tokens. A successful ICO can have their ERC20 tokens buying and selling on exchanges barring any communication between themselves and the exchange developers.Crowd investment BoutsPro is planning to release it token sale on the worldwide platform & make it to be had for all participants. Information of BoutsPro tokens are as below:Token Name : Bouts
Token Type : ERC20
Total Supply : 2,000,000,000
Hard Cap (ICO) : 1,000,000,000 Bouts
ICO Base Price : 9000 BOUTS/ETH
Start Date : 11th March 2018
End Date : 25th March 2018
Minimum Purchase : 0.1 ETH
Distribution of Tokens
1. 50% — ICO (Public Crowd Funding)
2. 25% — Community (# Available for Karate Community on ICO Base price)
3. 10% — Dev Fund (* Locked for 1 year in Smart Contract)
4. 5% — Rewards (Rewards & Support fund for players & trainers)
5. 3% — Bounty Campaign (Social Bounty, Bug Bounty, Translations, Giveaway & Airdrop)
6. 2% — Advisors
7. 5% — Reserve Fund (Future requirement or Backup)