Faxport(FAS)-New Way of Develop Global Sport Market
Sports taught us the structure of life. Since ancient times, man has passionately devoted himself to sports and related subjects. The achievements throughout the world have made the sport more formal and provide a global perspective. Currently, the global sports services industry is very mature and has a very high percentage in the entire sports sector. The real problem that threatens the growth of the sports industry is the loss of confidence and honesty in large sports organizations. The high commission fees for transactions and maintenance costs affect the industry, as well as the long waiting times required in transactions. There is no reliable and reliable information on investment, transaction history and reports of company employees involved in sports. To solve all the problems of the industry, a common and global sports services platform is required.
The proposed solution
FAXPORT is developing solutions for the sports services sector, creating a global platform based on blockchain ethereum. Through the use of intelligent contract technology for the sports services industry, it uses all commercial sports based on intellectual contracts. Transactions will be safe and transparent in the global sports business ecosystem after the integration of blockchain technology. They have developed a sports image processing platform called FAX GO, where teams can find the right investor. Another suitable application, developed by the team, is the worldwide database of sporting events. Unique data sources, data review systems and data review procedures are part of a system developed by the platform. Data writers are rewarded for their contribution, using the encrypted currency activated by the team. The data is stored in IPFS and in traditional distributed databases. This platform is created by a network of sports professionals worldwide, so there is an exchange of ideas and data. It will act as a social network for sports professionals. Another sport area, which is very difficult and expensive, is a set of talents. They have developed a unique solution for this. Assuming that fitness instructors, coaches and players will be much easier on the platform. Open APIs, interconnection and global storage of sports data is one of the most popular services offered by the platform.
Now Its ICO Time
For this project, 200,000,000 FAS tokens are created. The current tokens are on the platform until April 18, 2018. Crowdsale will begin on April 25, 2018 and continue until May 24, 2018. 35% of the funds will go to research and development, while 30% of the funds will go to research and development. . The funds will be used for sales and marketing platforms. The project team has experience in recruitment, sports management and entrepreneurship. FAXPORT, as already mentioned, was born for the development of the sports services industry. To make the service more impressive, it is based on Blockchain technology. They work in the Etherum ecosystem. Blockchain technology helps decentralize the sports services industry with an open platform chain for interested customers. Companies use the funds as a source of income. Another important source of income for FAXPORT is its crowdfunding program. Companies focus on the
platform, to allow development and the opportunity to continue, so they can see that their idea is booming.
- FAXPORT aims to combat the problem of market confidence, forcing customers to stay away from fraud. A decentralized book is what will guarantee transparency.
- It provides a platform for all service providers to attract potential customers and vice versa. To this end, its objective is to create a global network that allows communication between the parties involved in the sports services sector.
- It has also created a platform that allows brands to express their services and tell them about other parts of the world. The incubation and financing project also paves the way for sports fans to invest in various sports programs through cryptocurrencies.
The token can be transferred using etherum ecosystem with FAS as the transaction code. FAS can be used to buy both loans, as well as to obtain a valid offer. The user can receive FAS from the ICO stage or by transaction. The company also allows the exchange of FAS with FX according to the current market price.
The sports industry has been and is growing very well. Penetration technology has accelerated the course of activity and development. The contacts between those involved in the global sports industry are growing together. But the main problem of lack of confidence, which has caused many problems that affect sports, persists. This imposes a fine on participants, including the industrial workers and sports enthusiasts, to distance themselves from the sports ecosystem. As of 2016, Faxport is a service platform for sporting events based on a series of beams. The platform directly connects global sports investors, service providers and consumers using a highly successful decentralized network of sales. Therefore, they offer a variety of industrial benefits, such as improving the penetration of the digital sector, as well as providing higher levels of structure and computerization.
This project is based on the development of a reasonable Ethereum contract. The platform will charge a service fee for each transaction in the ecosystem. These costs will be used to develop, maintain and develop ecosystems and platforms. They also plan to create a network of global the players in the sports industry, based on the company’s database products.
Many researchers and philosophers around the world have defined sports as the best education for a person. Humility, discipline, character and team effort are just some of the many qualities that help us integrate our personalities. People who participate in sports tournaments have a permanent goal to develop their full potential. This industry has a large population in the world. For example, only 2.5% of the workforce is employed in the sports sector in the United States, and in the United Kingdom, 2.4% of the total workforce is involved in this sector. China and the EU have several people working in the sports industry. A survey conducted by PriceWaterhouseCoopers shows that 40.9% of people consider lack of confidence and honesty in sports management. They have developed an ecosystem of sports services for the sports industry. The sports industry is ready for a decentralized sports revolution.
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