FAXPORT SPORTS BUSINESS SERVICE AND FUNDING PLATFORM
Hello everyone ! welcome to my article on this post, I will explain what is Faxport. For more details let’s refer to the article below
By 2017, the global sports market output has exceeded 2 trillion U.S. dollars. But in emerging markets like China, more and more companies and projects are willing to join. The sports industry is really more than one can count. The business behind the sports industry contributes to a number of great statistics and the opportunity-packed package it has is almost endless. But there is still a lot of inefficiency in the sports industry. therefore blockchain entrepreneurs through highly decentralized decentralized platforms and cover all industries seeking to get into the sports industry and business
What is Faxport?
Faxport Products are available
Because the sports industry is large in size, collecting data is sometimes difficult. Data can refer to the number of sports companies, the number of employees or even investment and financial history. Faxport combines data collected from various sources and provides users with open access so users can upload and edit data themselves. This not only ensures that the data provided is of high quality but also reduces the total execution time of the search data. When the platform is based on blockchain, the database can be called 100% trusted.
It connects the participants of the global sports industry. Since all transactions conducted on this platform are recorded, all stakeholders will have a consistent basis for trust, allowing people to find reliable partners.
How To Utilise Blockchain Technology?
Faxport uses the database constructed on Ethereum. It combines the technology of smart contract, IPFS
and traditional distributed database to store data. Data survey work will be conducted by the dPOS authorization consensus mechanism, which ensures
the higher degree of privacy, reliability, and expand-ability.
- FAS is the token Faxport issues. You can use FAS to buy FX with discounts, and FAS is also the standard investment equivalents on FAX GO crowdfunding platform.
- FX, a reward credit, can be purchased with FIAT or with FAS. FX and reward mechanisms make Faxport efficient and active
Faxport’s goal is to become the most popular and professional sports service platform in the world. Its objective is to create a more transparent and reliable sports economy based on three key security, transparency and block efficiency benefits. Krome Togo, the number of active users of Faxport, has a significant overall impact and radiation, which will lead to Rynku’s fairer and more transparent global sports services.
The platforms allow employers to more effectively reach job seekers through the FX Rewards Mechanism. This makes the entire recruitment process more efficient, less expensive, and reduces the cost of recruitment compared to traditional ones.
Faxport’s Blockchain facility ensures that its transactions are always recorded and can not be changed. This leads to both parties involved in the transaction being able to cooperate and issue good judgments and decisions.
This is a decentralized sports platform that uses community voting and smart contracts to help investors or fans participate in funding projects that can not grow well due to lack of funds.
Sports Crowdfunding Platform
Through community voting, smart contracts and other blockchain technologies, a community autonomy sports investment and crowdfunding platform is constructed. Users support the subject including but not limited to athletes, events, startup projects and products in the community by using the ballots they have.
- Sports Venture Capital
Startup company raises project funds at FAX GO for company operations and business expansion, and brings return to investors.
- Sports Equipment Crowdfunding
Sports equipment manufacturers can raise R&D funds and pre-sale for their new products at FAX GO.
- Event Crowdfunding
Athletes and sports lovers can release a crowdfunding at FAX GO for a small event.
- Athlete Crowdfunding
Young athletes can release funds for their personal growth at FAX GO for higher development.
Sports Business Database
Faxport records global sports industry data, including but not limited to company information, industry information, supply information, venue information, building a 100% fully-trusted database through blockchain.
Sports Business Social Network
By connecting global sports industry participants, everyone can find trustworthy business partner on Faxport.
Sports Talent Recruitment
Recruiters can reach job seekers in a more efficient way by setting up rewards to accelerate and amplify the spread of recruitment information through Faxport.
Reward Mechanism Faxport
Is equipped with a complete set of reward mechanisms. These mechanisms are based on Ethereum’s smart contracts, which ensures that they are open, fair, trustworthy and enforceable. For example, when a user contributes data, the reward contract will be run, and return a certain amount of FX credit as a reward. In addition, the user can use FX to purchase VIP services such as in-depth reports, business networking, talent recruitment from within the platform.
- 20% | 40,000,000 (Pre Sale)
- 25% | 50,000,000 (Crowdsale)
- 22% | 44,000,000 (Faxport Ecosystem Preparation)
- 15% | 30,000,000 (Team)
- 15% | 30,000,000 (Investors and Advisors)
- 3% | 6,000,000 (Marketing Budget)
- Total Supply: 200,000,000 FAS ($ 30.0 M)
- Soft Cap: 18,000,000 FAS ($ 2.7 M)
- Initial Sales Target: 40,000,000 FAS ($ 6.0 M)
- Sales Target Token: 50,000,000 FAS ($ 7.5 M)