SPORTZCHAIN SPNPrice $ 0.000023

SPORTZCHAIN is tokenizing the membership program of sports team in a radical way benefiting both Sports team and Invested Fans. The platform will have three major stakeholders:

THE TEAMS: Sports and e-Sports entities and leagues across the world who are willing to adopt radical fan engagement and want to create a core invested fan base by empowering fans. Teams through this digital world will be able to provide 3600 engagement to their current and potential global fanbase.

THE INVESTED FAN: Fans who want a single window to experience everything about their favorite teams including but not limited to influencing key decisions, training with their favorite players, exclusive Q&A with sporting stars, interact with other like minded fans, participate in contests, etc. and in the due course reap financial rewards for themselves as they will be one of the integral part of their team.

THE CORE: SPN’s custom-built, blockchain-powered, decentralized platform will have tokenized engagement system that will drive transparent and democratic decisions (binding and non-binding) for the teams by the fans. Further, there will various gamification and money can’t buy experiences available for the SPN holders and fans in this fan-powered digital world.

The catalyst that drives all three key stakeholders will be $SPN token (as created by SPORTZCHAIN) that will enable fans to buy branded Sports Tokens of their favourite teams and become an invested fan. The SPORTZCHAIN platform will provide an easy interface for fans to directly engage with their favourite sports team and voice their opinion.

$SPN utility

• $SPN is required to buy any team branded sports tokens. More partnerships will drive more demand for $SPN tokens.
• A weekly lotto will be held for $SPN holders with a chance to win 80% of the lottery pool on a weekly basis.
• Up to 30% APY staking rewards for $SPN holders through various staking programs.
• $SPN will be the pre-requisite to hold to participate in strategic contests & polls. More contests will drive large adoption for $SPN.
• 20% of the platform wide revenue will be allocated for $SPN holders which will be used for ‘Buy & Burn’ or ‘Buy & Lock’ to limit token supply.
• $SPN is the base currency to buy / sell team branded on project's exchange.