soccer is the number one sport in the world
In this age of modern times, many traditional football fans feel increasingly alienated from corporate ownership and commercial necessity, a resistance site emerges where football fans try to empower themselves and increase their influence.
On the one hand, soccer fans do not have a platform where they can be involved in decision making, support or ownership of their team. Frustration among fans repeatedly caused riots and violence. On the other hand, many football clubs fail to meet their annual budget obligations and feel like their professional and financial efforts are not valued.
Meanwhile, blockchain technology is still in its early stages, many of its characteristics seem to be useful to improve the decision-making ability of fans in a transparent and fair manner, and provide an opportunity for the club to raise funds at the same time. This alternative model can be a positive change in the current climate, where clubs are owned by foreign capital, often with very different interests from the communities around the club.
In addition, the way in which the Token Ecosystem 433 will succeed, has won the support of Mr. Paul Scholes and Mr. Andriy Shevchenko (names in alphabetical order). They not only support the project, they will personally participate in the ecosystem. When they believe 433 Tokens will print hat-
trick with these 3 utilities:
(1) Sponsoring • Fans can directly sponsor Legends in mentoring Youth Talents, by 433 Tokens. • Sponsors can follow the development of a superstar.
(2) Bidding • Fans can bid for Special Events auctioned by Legend. • The highest bidder can enjoy personal interaction with Legend, e.g. Charity dinners, soccer clinics, or even Legend-vs-Fans friendly games.
(3) Voting • Fans can choose a place, name list and even the format of the upcoming GLS game. • Important decisions will be made by fans, not the president, chairman, or manager
433 is a token ecosystem, where Blockchain technology has been incorporated into football, to make sports more transparent, safe and scalable, while at the same time bridging the gap between football superstars and their fans.
By using 433, everyone will be able to enjoy football completely by participating in the development of the next superstar, interacting with superstars and legends and having a say in making important football decisions.
433 believes that football can be improved because it is the number one sport in the world, has an extraordinary club, has centralized power, is a superstar player, nurtures young talents, creates a playing career and has loyal fans.
433 was discovered by Soccer Legends Limited in partnership with the Global Legends Series (GLS) because their company believes in Blockchain and Smart Contract technology, and the need to bridge the gap between soccer superstars and their fans.
How does that work?
433 has three main utilities that: sponsor mentorship, bidding on auctions and voting on games. Under sponsoring the mentorship, a group of legendary soccer players are selected to form a “Fellowship of Legends”, where each Legend is a Principal in a Fellowship.
The principal then chooses and guides youth talent from various football academies, aged 16 to 18 years. Every principal is allowed to mentor, at any time, up to 5 young talents. The principal then offered 433 Token holders worldwide, with the opportunity to sponsor his mentoring, for a total of 433 tokens via Smart Contract.
Under auction offers and utilities, the principle of conducting auctions for special events by participating personally and providing certain personal details. Each event is then triggered into a unique event for a smart contract auction. The highest bidder receives event tokens and enjoys personal interaction with these principles. Other bidders regain their tokens and wait for the next available opportunity. Through the Smart Contract, this principle automatically collects 433 tokens once the program’s obligations are met. Otherwise, the token is returned to the bidder.
When it comes to choosing on the game, 433 token holders can choose the place. Cities that receive the most votes hold matches. Through the Smart Contract, the token chooses the winning city to enter GLS, to fund the game. Winning voters receive free video game streaming and are also given ticket priority. Other voters get their tokens back and wait for the next available opportunity.
The 433 Token initiative is an ERC-20 token that runs on the Ethereum blockchain. The essence of this initiative is the virtual game, “Global Legend Series,” where participants will be able to choose the place of the match and the list of players’ names. They will also be given the opportunity to be guided by “legends” and participate in sports memorabilia auctions.
There will be a total of 1 billion 433 tokens, which is the maximum inventory. 30% will be offered to the public for the sale of future tokens. 35% will go to reserve, 15% to the foundation, 10% will go to the founder, 7.5% to the advisor, 1.5% to the development team and 1% to the prize program.
The standard token is ERC-20, with the price of each token being US $ 0.09 / token, ETH received, soft cap of US $ 4 million, and hard cap of US $ 27 million.
Football fans of all ages from around the world can access and invest in 433 tokens, through the official Token 433 website. There will also be no betting and gambling facilities at 433 Token Ecosystem.
However, residents and citizens of the United States and the People’s Republic of China do not qualify to participate or invest in 433 tokens.