Review on SportyCo by Benaiah A. Akinlade

Name: SportyCo
Item: SportyCo
Rating: 4

August 11, 2020

SportyCo: Bringing out the business side of sports

SportyCo (formerly SportyFi) is the first decentralized sports ecosystem that connects athletes, clubs and organizations directly with fans and investors. It is based on the Ethereum platform, and aims to disrupt the world of sports financing with the digital world of virtual (crypto)currencies. It opens new possibilities for individual athletes and sport organizations to raise sports funds on a large scale.
SportyCo was established with the goal of uniting investors and athletes and helping them both. The huge thought behind establishing the company is that investors will have the capacity to use their own cryptocurrency to invest in athletes everywhere around the world.
This company is upheld by football stars like Ronaldinho and Roberto Carlos and veterans of the blockchain industry like Charlie Shrem, a founding individual from the Bitcoin Foundation, so investors can be rest assured that they can put trust in this company for trading.
SPF tokens are ERC20 Ethereum-based tokens, so you will have the capacity to store them in any Ethereum wallet that you find online.
          Milestones achieved by SportyCo
Q2 2014
The SportyFi core team sets up the online marketplace Trainers4me website connecting professional coaches and wellness aficionados everywhere throughout the world.
Q1 2015
Trainers4me website goes live.
Q2 2015
Tennis hotshot Ana Ivanović joins the Trainers4me project as a co-proprietor.
Q1 2016
Dispatch of Onlinegym4me website, offering sports aficionados over the globe the capacity to exercise and remain in shape using live-spilled and recorded online classes.
Q2 2016
Technogym, the leading worldwide producer of home and commercial wellness and exercise center hardware, joins Onlinegym4me website as a vital investor.
Q2 2017
Concept development for the SportyFi platform, including feasibility evaluation and lawful review of the project.
November 2017
Alpha variant of the SportyFi Smart Manager Platform released for shut testing.
14 November 2017
Beginning of SPF Token Crowdsale SAVE THE DATE!
Q1 2018
Dispatch of the SportyFi Smart Manager Platform for crowdsourcing gifts and connecting exceptional athletes with investors.
Q2 2018
Dispatch of the SportyFi Professional Fund, setting up the professional Advisory Board.
First investment of the SportyFi Professional Fund into an age of potential sports geniuses.
2019+
SportyFi to become the default decision for athletes/clubs and other sports associations in raising funds.
2019
SportyFi to become the default decision for athletes/clubs and other sports associations in raising funds.
                     Features of SportyCo
The platform is built on the Ethereum blockchain and it will allow any person to "invest" their money in a particular athlete. The athlete is required to give a certain portion of his future income to investors in exchange for funding the training program.
SportyCo, can establish a new sub-industry and create blockchain-based possibilities which were not possible or existing up to date. To achieve this, SportyCo will launch a Smart Manager Platform and a SportyCo Professional Fund.
SportyCo‘s Smart Manager Platform will enable donations, detailed sponsorship smart contracts of various types, as well as complex investment smart contracts, where an athlete, a club or another sports organisation will offer a long-term deal for a share of their future income or other revenue stream in exchange for an upfront investment.
Merits
It is well backed by star athletes and veterans in the cryptocurrency industry 
There is a good track record of activities 
Profits made from the world of sports makes is a lucrative platform to invest 
Demerits 
Investors who do not understand the world of sports may invest wrongly as the investment platform can be better utilised by sport lovers 
Category: Coin/Token

PRICE (USD)
$ 0.00
MARKET CAP (USD)
$ 18.8 K
DAILY VOLUME (USD)
$ 11.3
NUMBER OF EXCHANGES
N/A
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