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Founded in 2019, Blocksport is a leading SportsTech company based in Zurich, Switzerland. It offers its own fan engagement mobile app to top Esports teams and traditional sports clubs. Blocksport is supported by a network of sports experts and partners and is planning to launch an NFT platform that will bring clubs, fans, and sponsors closer together. The platform will feature NFT and fan token issuance, auction, bidding, and NFT mining. Blocksport aims to create a sports ecosystem that integrates games, sports NFTs, and fan community management.
Blocksport has already partnered with over 40 clubs and celebrities, including Team Singularity, Virtus pro, Penta Sports, CF Talavera, Metalist FC, Dynamo Kyiv, African Cycling UCI team, Sinners Esport, Red Star Rugby club, and ARIS BC. The company has built an ecosystem that integrates games, sports NFT collections, and fan community management, as well as a service platform for the sports industry.
BSPT is a utility token issued by Blocksport on the NFT platform. It serves as the basis for transactions and interaction, allowing users to purchase NFT assets, fan tokens, and access platform functions and services. The NFT platform is built on the Ethereum blockchain and Binance Smart Chain (BSC), offering features such as sports NFT asset issuance, auction, bidding, fan token issuance, and NFT mining.
The Blocksport NFT platform will have three models: (e)Sports NFT collectibles, Fan Token issuance, and Staking. It will offer unique NFTs of sports assets, including Collectible Cards, Memorabilia, Video, Picture, Merchandise, and Skins. Blocksport will also collaborate with renowned clubs to issue fan tokens, allowing fans to participate in club-related decisions. Additionally, the platform will integrate BSPT, star card NFTs, and fan tokens into DeFi games, enhancing fan interaction through the "play and earn" mode.
There will be a total of 1,000,000,000 BSPT tokens created. The token distribution mechanisms include buyback, staking, and treasury. Net fees collected by Blocksport will be used to buy back BSPT, which will then be transferred to the treasury and staking reward pool. BSPT holders can stake their tokens to earn Blocksport NFTs and receive BSPT as a staking reward. The treasury, governed by the community, aims to develop and promote the Blocksport ecosystem using BSPT bought back on the open market.
BSPT is not an investment token and should be obtained by purchasing or actively participating in the platform.