SPORTSFIX (SFT): BLOCKCHAIN-BASED OTT SPORTS STREAMING PLATFORM
Hello all, if you’re fascinated by change of integrity the SportsFix https://sportsfix.io/ project, it is a sensible plan to browse reviews that may assist you get info which may assist you in seeing their vision and mission, as a result of it is important to know accuracy in reviews therefore you do not hesitate in investment.
SportsFix aims to transform the most powerful content in the world – SPORTS. SF presents a decentralized sports media ecosystem which aims to completely change the way fans connect and engage with sports content. In its current stage, SF is a rapidly growing over-the-top (OTT) business in Asia streaming local and international sports events to millions of fans every week and on track to become one of the most valuable video streaming platforms in the region. In our next phase, SF will be issuing SportsFix Tokens (SFT) which allows fans to participate and engage with their favourite leagues and clubs in a self-contained economy with all digital transactions employing smart contracts backed by blockchain technology.
Imagine what combining the power of a “Netflix” platform with Blockchain technology would do to transform the most powerful content in the world – SPORTS. That’s SportsFix (SF) for you.
SF presents a revolutionary digital sports content ecosystem based on Blockchain technology; debundling and decentralising sports media rights enabling micro content rights investments, enforcing trust and immutable transparency via SF Tokens (SFT) and smart contracts built on the Ethereum network.
SF aims to expand its offerings in three phases. In its current stage, SF Media Holdings is already a fast growing OTT business in Asia, streaming local and international sports events to millions of fans every week and on track to become one of Asia’s most valuable video streaming platform in the region.
In phase two - starting with issuing SFT - SF allows fans to participate and engage with their favorite leagues and clubs using the SFT as a mode of payment for content-related transactions on a blockchain. In phase three, SF plans to issue security tokens that provide fans a defacto fractional ownership of the content and the economics – fans owning a small piece of “their” team - and dividends are paid in form of SFT. The security of token techn ology, full transparency of the ledger and the decentralized nature of a token basedon the Ethereum blockchain will allow sports fans worldwide to take part in the emergence of a revolutionary ecosystem for sports content. This whitepaper does not cover nor make any representation respect to phase three, which will take place in early 2019.
By 2017, the global sports market was expected to generate revenue of around $500 billion. The industry connects many different activities, from the food and memorabilia stands, to media rights and sponsorship. The business features numerous participants: from rights owners (athletes, clubs, leagues and federations) to sports agencies, sponsors, investors and broadcasters . All are competing over a bigger and bigger pie, as the sports industry is growing faster than most. One of the biggest catalyst behind the growth is the increases in revenue derived from media rights deals.
Beside the contribution to the industry, sport media still has to face numerous problems, including:
Traditional TV is an antiquated model
Too many platforms and channels
Limits franchises from direct engagement and monetization pathways to fans because of one way communication
Arbitrage game by larger players that monopolize content
Poor content discovery
Use of electronic program guides can be a tedious process
Confusing/ non transparent content scheduling of linear channels.
Here is where SportsFix comes into the picture. SportsFix is ASEAN’s largest decentralized over the top (OTT) sports live streaming platform. Leveraging the blockchain technology, SportsFix will let fans vote for the content and the user experience they want. This model will revolutionize the current distribution system which is based on middlemen mark-ups and bundling/packaging artificially and over-priced products for sports fans.
For those who still doesn't familiar with the term of Over the top (OTT), Over the top (OTT) is a term used to refer to content providers that distribute streaming media as a standalone product directly to consumers over the Internet, bypassing telecommunications, multichannel television, and broadcast television platforms that traditionally act as a controller or distributor of such content.
SportsFix OTT platform is delivering affordable and accessible live games for sports fans anytime and anywhere, as long as there is an internet connection. With SportsFix, fans doesn't have to pay any proportion for watching a live game of football match on television, like a cable TV provided.
SportsFix combines the power of a “Netflix” platform with blockchain to present the highest quality video streaming and the most powerful sport content. In addition, by presenting a decentralized ecosystem, SportsFix aims to completely change the way fans connect and engage with sports content.
SportsFix is acquiring rights directly from Rights Holders i.e. leagues, focusing on Asia's sports mainly including Chinese Super League, Thai league, Korean league, Indonesian League (all football/ soccer leagues), Badminton, MMA and Kickboxing, Mui Thai and cricket.
SportsFix Platform aims to issue cryptocurrency token, token symbol: SFT. SFT token has a particular рurроѕе whісh is to fuеl the platform ecosystem. SFT token can be used for numerous functions, including:
Fee from the live content bidding to view
Fee from DSP subscriptions to watch live content
Fractional sports content purchase fee (Users buying individual sections of one game)
Digital stadium creation & maintaining fee
Digital Stadium upgrade costs – storage, user cap, ect
Marketplace fees from DS
The token total supply is - 800,000,000 SFT. Tokens will be allocating in the following manner: Token Sale 55%, Reserve Vault 15%, Team 13%, Advisers and Ambassadors 9%, Strategic Club Partnership 5%, Bounty Program 3%.
More details about the project:
ANN : https://bitcointalk.org/index.php?topic=4380637
USERNAME : wiraningsun
PROFILE : https://bitcointalk.org/index.php?action=profile;u=2321202
ETH : 0x505984AC2ed4272f65e099c3F0B8D648869EC4A6