Sports have long been a part of life. It brings a healthy and happy life to everyone. Sports are not just entertainment games but also challenges with human limitations, it helps people show their full potential. But in the current sports industry, there are aspects that have yet to be exploited and utilized. That is a waste of sports development. SportsPodium focuses on the untapped and underrated aspects of the sports industry to build comprehensive and sustainable development for sports community.
SportsPodium
SportsPodium is a blockchain-based sports ecosystem that makes an innovation in current sports sector by collecting the information from all athletes in any ages and levels as well as rewarding for participants who contribute to develop this community. In addition, SportsPodium will track the flow of funds and its distribution in events and competitions to provide the transparent information to sports community.
SportsPodium Goals
- Build a big database of athlete’s information and activities.
- Make the flow and distribution of money in sports activities become more transparent.
- Create the revenue streams to support the sports activities.
Specific features
Sports People Incentives
SportsPodium incentivizes the participants in ecosystem to contribute the critical information. Their diligence and accurate information is appreciated and the rewards is given to the worthy participants.Revenue Streams
SportsPodium ensure the benefits of participants who contribute into ecosystem will equal with their contributions by profiting from advertising, other services such as sponsorships, self-promotion and talent scouting, event/competition management, or from online and retail stores.Vested POD (vPOD)
Vested POD is different from POD. It cannot be exchanged to other currencies or tradable even on the SportsPodium ecosystem, except POD. Vested POD is used to vote for the events in ecosystem. Additionally, vPOD holders will earn a certain percentage of reward each period, like Proof-of-Stake mechanism.Anti-Bot Mechanics
Because the accurate and reliable information is important for the operation and economy of SportsPodium ecosystem, participants must be verified to eliminate the profiteering behaviors by using bot to participate in ecosystem.
Benefits of SportsPodium
The development of sports industry
By create an ecosystem on blockchain, SportsPodium make all activities in sports become more transparent and ethics. The information such as daily training, dietary and competitions will be accumulated and analyzed to build the sports database, which serves for the talent development programs or optimizing the training programs.
In addition, SportsPodium ecosystem also tracks the fund flows and distributions to ensure that funds are utilized in initial purpose and ethics activities.Beneficial to the participants
Powered by blockchain technology and smart contract, SportsPodium can create the excitement of sports community through the reward system. The athletes are able to earn the extra income from sharing their sports data into ecosystem. The sponsors and advertisers can make the revenue by getting involved in the events or competitions managed by SportsPodium. Sport-love users also have their reward through the participation in activities of ecosystem.
Conclusion
SportsPodium will make an innovation in sports industry by its transparent and ethical ecosystem. The transparency of funds in sports activities will remove the corruption in sport as well as develop the sports economy. In addition, SportsPodium incentivizes multiple components to take part in its ecosystem in order to construct a sustainable and healthy sports community. Thereby, SportsPodium contributes to develop the sports industry.
SportsPodium official channels
Website | Whitepaper | Bitcointalk | Telegram | Facebook | Twitter
Author: tuthienloc92bk
Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=2135870
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