Blockchain

Blockchain Sports Goes Live With Private Round, Expanding the Power of Web3 with Sports

Blockchain Sports

Blockchain Sports (BCS), a leading innovator in the sports industry, is pleased to announce the private round of funding. This milestone embarks on an ongoing successful journey, representing a significant achievement for the company, highlighting strong investor confidence. 

Key Takeaways: 

  • The project is also building a football academy in Brazil to support young athletes around the world. 
  • The team stated that the cryptocurrency and its private sale will encourage new opportunities for funding, rewards and participation. 

BCS is building a football academy in Acopiara, Brazil, offering children a chance to become world stars  while leveraging blockchain technology. Fans can invest in promising players at the beginning of their careers and subsequently reap benefits by selling these players to renowned clubs. BCS presents a chance to experience sport from a different perspective and foster a deeper connection with the game. 

In a statement, the team reported that the newly raised capital will be one of the many backbones to the BCS ecosystem. With a total supply of 68M tokens, the user will burn the $SPORTS token and receive an NFT, and by simply holding it they will receive passive income, become co-owners of an operating business and receive a share of the project’s net profit. The more tokens the user burned, the more profit he will receive from 20% of the business. The funds raised will be allocated towards accelerating product development and further strengthening BCS’ market presence towards marketing, scaling, construction, and legal components.

The football academy provides an opportunity for children from low-income households to participate in professional sports, and the unique blockchain technology allows fans to track player’s progress, so football scouts and agents can evaluate the player’s true transfer worth as well as their strengths and flaws. Fans can interact with players directly by investing in their development and purchasing personal NFT cards, as well as develop the academy by purchasing a token.

BCS aims to merge web3 and football. The academy’s football players will receive a full education, both in football and in general. Each player will have a media portfolio to track his key performance indicators (KPIs) from practices and games from critical moments, goals, assists, saves if the player is a goalkeeper. This will help scouts find the best players.

Commenting on the raise, Blockchain Sports CEO Dimitry Saksonov shared his insights on the project’s promise, “As fans we always think of exciting ways to get involved in the game we love, in more than one. At Blockchain Sports we aim to bring that to reality, making sports more transparent, exciting and easier to get involved in-to” Saksonov said in a statement.  “We’re excited to receive great support in our private sale so far, and can’t wait to see where this journey takes us”, Saksonov continued in a statement. 

BCS remains committed to driving positive change within the sports industry, leveraging blockchain technology to foster transparency, fairness, and engagement. With the successful closure of its private sale, the company is eager to embark on the next phase of its journey, bringing football enthusiasts a transformative and immersive experience like never before.

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