First crypto Sports Investing platform - SPORTINVESTING.COM
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WHITEPAPER
First crypto
Sports Investing platform
SPORTINVESTING.COM
We develop an investment platform that allows our users to gain
profit from crypto sports tokens, the value of which depends on the
performance of individual athletes or sports clubs.
FIRST CRYPTO-SPORTS
INVESTING PLATFORM
The project concept
1 3
Individual professional athlete/sports club has Tokens can be bought/sold on the platform
its own market price freely
The market price of each professional athlete or sports club is Purchase of athletes/clubs' tokens will be done through the united
evaluated using asset rating and specific formulas on rating SITX token of the platform which is freely traded in the market.
websites.
2 4
We released internal tokens for every When you purchasing an internal token of your
professional athlete/sports club on favorite athlete or club, you will be able to earn
platform money by increasing the value of their token when
The platform token price correlates with the market price
the market price increases
taken from the open and reliable source. Investments in the tokenized value of players and clubs will allow each
user of the platform to earn on the growth of the market value.
Introduction. What is SPORTINVESTING.COM? SPORTINVESTING.COM – a unique sports platform for tokenized investments in professional athletes or sports clubs with which you can safely earn on the growth in the value of their tokens, as well as purchase rating tokens of players, buy/sell NFT cards, take part in Fantasy Sport tournaments and receive the most accurate and detailed sports analytics. The platform is the first sports crypto-exchange and allows you to multiply funds on the growth of the value of your favorite teams and players without the use of sweepstakes, bets, and bookmaker gambling techniques. This makes it possible for all fans, sports analysts, bettors and ordinary investors to make money on their favorite sport. The platform pays special attention to users from countries where betting is strictly prohibited, such as some Islamic countries. Thus, users will be able to make money on sports without violating the laws of their country, and will also have minimal risks and a high return on their investments. At the same time, linking players and clubs tokens to the real market value allows you to avoid sharp unexpected drops and losses on your investments, compared to other financial instruments, which makes our investment platform a relatively non-risky investment instrument.
Unique features of the platform In terms of investment opportunities in the sport, the SITX platform has no competitors or analogs on the market. The platform is unique in terms of the possibility of direct earnings on the achievements of athletes and sports teams as well. Investing in tokenized athletes is less risky compared to sports betting, and also more profitable compared to trading stocks on the stock market. The essence of direct investment in sports is the ability to purchase a token that is tied to the market value of an athlete or club. Thus, investors get the opportunity to buy a token of any athlete or club for the platform's SITX tokens and earn on increasing the market value of an athlete and / or a sports club by selling an athlete's or club's token on the Sport Investing platform. Compared to sports betting, you will not place any bets on the game or the outcome of the event, but you will be able to earn on the growth in the value of the club or athlete after a successful event or a successful transfer. To tokenize the value of an athlete or a club, data from open, official sources (in case the athlete / club is not very popular) will be used, calculated according to a special formula that will be publicly available. Earning from tokenized investments will be carried out using the main token (SITX) of the platform, placed on decentralized and centralized exchanges.
Additional functions of the platform
The platform will implement the trading of tokens of players / clubs of such team sports as:
Football, Basketball, Hockey, American Football, Cricket, and Equestrian Sports.
Accordingly, as the platform develops, all existing, official clubs and players of these sports will be loaded onto the platform.
The platform also provides the following additional features to users:
Tokenized athletes contract
NFT-auction
investment
Athlete's rating-based
Fantasy sport Paid subscribtion on Analysts
tokens
How does SPORT INVESTING
platform work?
How to make money on tokenized shares on the Sport Investing platform?
Step 1. Registration on Step 2. Choosing a Step 3. Purchase of the Step 4. Tracking the value of Step 5. Selling tokenized
the Sport Investing potential player / club for athlete / club's token purchased tokenized assets. shares and making a
platform and purchase of investment profit in the SITX coins.
SITX tokens
Register on the platform and Choose a player / club or use With the SITX token, you can Monitor the change in the When the market value of the acquired
provide your data, agreeing to the advice of experienced invest your money in the cost market price of the tokenized tokenized assets of a player or club
the terms of use of the platform, analysts or information from of a tokenized athlete or club share that you have purchased rises, you can sell them and receive
as well as purchase SITX tokens our portal when choosing a and receive the athlete's on the Sport Investing platform SITX tokens at the cost at the time of
on a decentralized exchange in player whose tokens you want tokenized asset in accordance and receive an email sale, after which you can exchange SIT
order to use them on the Sport to buy. with its current market price, notification when the price tokens for any other cryptocurrency on
Investing platform. which is taken from a publicly starts to rise sharply. the exchange or purchase new
available source. tokenized shares of other players /
clubs on the platform.
How does SPORT INVESTING platform work? Let's have a closer look at potential transaction In Football Scenario: With an SITX token, you can invest your money in the tokenized value of Kylian Mbappe — the central midfielder of a French League club. If you had made an investment in the tokenized value of Mbappe in January 2016 and had invested $100 – you would have already received $ 200,000. Thus, if the player / club is chosen carefully, the income from crypto-sports investments can easily be 1000% or more. Using the Sport Investing platform, every fan will be able to monetize their hobby, as well as support their favorite players and teams, because all players and teams who sign a cooperation agreement with our platform will be able to receive from 15 to 30% of the profit from the sales of their tokenized contract.
Description of the platform's main token – SITX In order to buy athletes/clubs' tokens on the platform, users will use SITX tokens, which can be traded on crypto exchanges. The token is launched on the Binance Smart Chain (BEP20) and has already been verified by the Binance Smart Chain Explorer validator. In the third quarter of 2021, the token will become a MultiChain and will be available on the FREETON, ETHEREUM, TRON blockchains using SITX connecting bridge which was developed by our team.
TRADE SITX TOKENS ON: Pancake.Swap ( From 15 august 2021) Uniswap.org ( From 15 october 2021) Sushi.com Swap ( From 15 october 2021) Bithump Global ( From 15 october 2021) Bibox ( From 15 october 2021)
Why you should buy SITX token
Low risks Large market Halal Project Investment opportunities Social work
Lower risks compared to More than 70$ of the In China and Islamic Opportunity to increase We are starting the
the betting platforms. Global population are countries, sport betting is capital not only by creation of the first
Part of the profit will be sport fans. Sport market prohibited by the investing in football decentralized
used to support the price volume is 400 billion government. Our clubs\atheletes, but also club and will support low-
of the token in the stock dollars. We plan to platform offers the legal through the growth of income young athletes
market. acquire at least half of alternative to sport market cap. and raise future
the market. betting websites in those champions from them.
countries.How does SPORT INVESTING platform monetized?
Marketing&Partners
Transactional model Subscription model
contracts
Growth of the main Sales on Selling BigData to
token's price NFT-auction corporationsGlobal mission
The platform provides an opportunity to earn money on favorite sport not only for
players, clubs, agents, and sports companies but also for every fan, thereby it will
change and increase the level of fan engagement and influence in the sports.
The investment attractiveness and low risks of such investments can create
huge demand and absolutely new investment market.
Making money on sports without betting. Using the Sport Investing platform,
every fan will be able to monetize their hobby, as well as support their favorite
players and teams, because all players and teams who officially sign a
cooperation agreement with our platform will be able to receive from 15 to 30%
of the profit from the sale of their tokenized contract.
David Atterman
CEO Sport Investing LLCThe future of our project (the demand)
and it's potential depends on the
growth of several large world markets:
We have conducted thorough
market research and would like to Global sports market
indicate the growth potential of all
Sports betting market
the listed markets, within which the
Sport Investing project and the Betting market in Islamic countries
SITX token will be developed, so Fantasy Sport Market
that you can assess the significant Collectible cards market
investment attractiveness of the
Investment market
project.
Sports Token Market
Cryptocurrency marketSports market According to forecasts, the market is expected to reach $ 599.9 billion by 2025 and $ 826.0 billion by 2030, with a compound annual growth rate (CAGR) of 6.6%, which is normal for a stable market in an upward trend when the popularity of sports is growing.
Sport betting market According to our market research, the global betting market was valued at USD 59 billion in 2019 and is expected to reach USD 92.9 billion by 2023. The global betting market is expected to grow at a compound annual growth rate (CAGR) of 8.5% from 2019 to 2026.
Betting market in Islamic countries Nowadays, the sport betting is strictly prohibited in some Islamic countries. Receiving money through gambling is against Sharia laws. However, like many others, Muslim people enjoy watching sport events, follow popular teams and get emotionally involved in sports. Thus, they have all the same basic needs that drive other people to make sports betting. The Sport Investing project allows people to make "bets" for sport in a Halal way. Such "bets" are not as risky and do not look like gambling. Buying athlete or club tokens look like trading stock on the stock market, which lots of Muslims do. Thus, the potential volume of the market in Islamic countries is at least 24.5% of the total market volume, or $14.45 billion. There is no direct competition in this market.
Fantasy Sport market As mentioned earlier, Fantasy Sports is a tournament game where the goal of each player is to form a team of real athletes who participate in a real sports event. Over the past 5 years, Fantasy sports has become very popular, since it allows not only to get emotions from watching the game but also to take part in the game yourself, gathering your own team and tracking its achievements. The fantasy sports market volume was estimated at $18.6 billion in 2019 and is expected to reach $48.6 billion by 2027, registering a CAGR of 13.9% from 2021 to 2027.
Collectible cards market In addition to the growing popularity of fantasy sports, the market for sports collectibles cards is also growing. The global sports cards and sports memorabilia market is currently valued at $5.4 billion, with potential growth of 8% CAGR. However, fans are attracted not only by real cards, but also by the virtual opportunity to assemble their own team. The Football manager game is one of the products which is offered to satisfy such need, in this game you can create your own football team. Sales of this game in 2019 exceeded 2 million unique copies. Collectible cards are also becoming popular among crypto investors. There are more than 10 projects on the market that specialize in the sale of player's cards, with a total capitalization of about $1 billion.
Crypto Sports projects market The sports industry has also been interested in the opportunity to issue its own tokens. The rise in popularity of sports tokens has also been driven by upward trends in fantasy sports, club tokens, and the popularity of athlete NFT tokens. Thus, the market for tokenized assets and sports tokens has just begun to develop, but it's already started to show stunning results. Experts predict that the market for tokenized assets will grow rapidly over the next 3-5 years. For many people, this is an unexplored and a bit scary market with implicit benefits. However, many cutting-edge companies are setting an example by actively taking advantage of the benefits of blockchain. On the graph, you can see the growth in value and capitalization at the peak demonstrated by our closest competitor.
Market
Problem #1
In the field of SportTech technologies, there is no single
project that could benefit ordinary sport fans.
problems and
our solutions Our solution
On Sport Investing platform, each user can invest safely
SPORT INVESTING solves the global
and make money on their favorite sport using blockchain
problems of the market technology and cryptoMarket
Problem #2
At the moment, sport fans have the opportunity to only
watch the game on TV/online or attend the game and buy
problems and
sporting goods, NFT tokens, but people cannot make an
income from their hobby in the form of investments, except
sports betting, which is high risk and prohibited in many
our solutions
countries by the law. Simply put, fans can cheer for their
favorite team/ player, spend money on tickets, sporting
goods, and receive only emotions in return.
SPORT INVESTING solves the global
problems of the market
Our solution
On the Sport Investing platform, users will be able to profit
from the growth of market value of their favorite club or
player, thus, this will allow them to have even more joy
from their hobbyMarket Problem #3
Sports betting as the opportunity to receive an income
problems and
from sports is a very dangerous and risky instrument. All
over the world, clients of betting companies lose all their
money, and property because of unsuccessful decisions on
betting in an effort to get a quick and high profit.
our solutions
SPORT INVESTING solves the global Our solution
problems of the market The Sport Investing platform provides a less risky
alternative to sports betting. Investment made on our
platform allows you not to lose your money, because the
value of players and clubs barely drops more than 20-30%,
and in most cases keep growthing steadily over time.Market Problem #4
In Islamic countries, sports betting is prohibited, because it
problems and
violates the laws of Sharia and religion, so the citizens of
these countries have no opportunity to earn money in
sports in a legal way, but they can only use those sites
"under the table", which indicates their interest in such
our solutions investments.
SPORT INVESTING solves the global Our solution
problems of the market The Sport Investing platform does not engage in sports
betting and makes it possible to make money legally on
sports in these countries, allowing every resident of those
countries to invest their money in their favorite sport or
favorite athlete and receive an income.Market Problem #5
All existing crypto-fan projects and tokens issued by these
problems and
projects allow owners to have a digital asset that does not
have investment opportunities, but only gives the right to
vote, offers discounts, and have ownership.
our solutions
SPORT INVESTING solves the global Our solution
problems of the market The Sport Investing platform not only issues tokens of
teams and players of favorite clubs for ownership / storage
and resale, but also makes it possible to earn on the
tokenized revenue of players /clubs, which so far no other
similar project can offer.Additional functions of the platform Rating tokens assigned to UFC athletes and other MMA leagues On our platform, we sell not only tokens tied to the market price, but also tokens tied to the rating of athletes. This will attract fans not only from team sports, but also from sports such as: MMA Boxing Golf Tennis F-1, NASCAR, WRC Cybersport Other
Additional functions of the platform Legendary athletes’ NFT token exchange NFT projects are gaining popularity in the world, and we will also add this feature to our platform. A full-fledged NFT-exchange will be implemented on the Sport Investing platform, where users will be able to buy / sell NFT-cards of athletes. First of all, we will issue NFT cards for athletes who are no longer with us, and who still have millions of fans around the world. 90% of the collected funds will be donated to the relatives and heirs of the athletes. In fact, these tokens are not backed by real assets, but they can be used to invest in the growth of the popularity of individuals and the platform as a whole. The platform will sell unique tokens of athletes who have already completed their careers or who are no longer alive. The rarer the card, the higher the price. While cards of great athletes can worth a lot, cards of young players who are about to break through and become a football superstar can go up well in value within no time. Sport Investing provides a unique opportunity to introduce blockchain and NFT to billions of sports fans around the world and creates a thriving ecosystem for trading real digital content.
ADDITIONAL FUNCTIONS OF THE PLATFORM Fantasy Sport with big prize money As part of the gamification of the platform and the Fantasy Sport concept, users will be able to create a dream team from the tokens of any players and compete with each other for awards and prizes.
Additional functions of the platform Fully functioning token exchange Another area that will be added to the platform when need is justified is an exchange of tokenized athletes that are not tied to either rating or market value.
Additional functions of the platform Subscription and auto following the professional analysts Within the framework of the sports analytical portal, which will be implemented on the platform, users will be able to receive not only the latest news from the world of sports but also follow analytical studies prepared by the Sport Investing team, as well as reports from professional sports analysts, which will allow them to make decisions on the purchase of tokenized shares of a player / club, even without prior knowledge and experience in sports.
SOCIAL WORK FIRST DECENTALIZED FOOTBAL CLUB We are launching a football club that will be managed by SITX coin holders and members of our football foundation. Each participant will be able to own no more than 1% of the club and, with the help of the fund's vote, make all key decisions on the purchase of a football player, hiring coaches, game strategy and everything else. The main goal is to help promising football players grow to the world's top leagues and show the community that clubs can be effectively managed by fans. Each user will be able to invest in the club together with us and earn on the growth of the value of our club's athletes and take part in key decisions. There is no such thing anywhere else.
Marketing Strategy Marketing is aimed at all target audiences of the project Crypto-marketing Footbal fans and sports Promotional. campaign Funds relationships promotion campaign analysts promotion campaign for betting users
What is already done:
The platform has been
- Launched the first version of the
developed and is awaiting
sportinvesting.net platform in testing mode with
the official launch.
the ability to purchase football clubs/players'
We are on stage of steady tokens.
development with a finished
product
- The platform is updated with new players and
clubs on regular basis. Right now we have 215
football clubs and more than 5000 football players
available.
- Received Legal Opinion on the platform's
operations procedures, and the use of titles and
names.
- Developed and tested a marketing strategy, the
full launch of which will take place on 08/15/2021
around the world.Roadmap
for the upcoming year
1 2 3 4
2019 01.2021 – 14.08.2021 15.08.2021 – 30.09.2021 1.10.2021 – 31.11.2021
The project idea was born Added first players and Listing on Pancake Swap the mobile app release
The platform and token clubs to the platform and other exchanges NBA players/teams token
development started Backend development Platform launch release
Develop marketing Collaboration with global Hockey team/player token
strategy ambassadors releaseDeveloping a platform
since 2019 Roadmap
for the upcoming year
5 6 7 8
1.12.2021 – 31.12.2021 1.01.2022 – 31.03.2022 1.04.2022 – 30.06.2022 1.07.2022 – 30.09.2022
player rating based token Cricket team/ player Launch of own fully- Gamification of the platform
release token release functioning players token in form of Fantasy Sport
Listing on centralized MMA token exchange NFT-auction launch and
market (Аsia, small stock Boxer's token release retired athletes NFT- player's cards release
markets) token release Launch of a decentralized
football clubSIT TEAM
DAVID ATTERMAN ANTONY FREE YUSUP TULUQOU BOBO MUROD Randal Clyde
Founder&CEO Chief Marketing Officer Chief Product Officer Chief Blockchain Officer Chief Developer Officer
Crypto enthusiast from 2014 Crypto enthusiast from 2017 Crypto enthusiast from 2018 Backend developer, blockchain Backend developer, blockchain
Professional trader (max. personal Digital marketing expert with 6 years Owner of IT application specialist and IT expert specialist and IT expert.
trading volume - 10mln$) relevant experience development company Developed 5 crypto-projects He developed IT-platform for
EX- CEO of mining pool (2000 EX-Head of SMM and digital expert in Product manager with strong trading bots for the
machines) leading promotion agencies and banks. experience in IT-platforms and cryptocurrency market and IT
Tech - Entrepreneur Developed more than 100 digital mobile apps platforms of various scales
strategies and has already attracted
5mln followers to customer accountsDisclaimer The SITX token does not possess any necessary characteristic required to be considered a transferable security, money market instrument, unit in collective investment schemes, a digital currency, commodity, security or any other form of investment in any jurisdiction. This white paper is compiled in accordance with the requirements and provisions of the VFA Act and is in the process of being registered with the relevant competent authority, the Seyshelle Financial Services Authority. As at the date of this white paper, no other registrations, approvals or licensing requirements apply for the SITX token in terms of applicable Seyshelle law. This white paper does not constitute a prospectus or offering document and is not a solicitation for investment and does not constitute an offer of financial instruments, securities to the public or a collective investment scheme. Any decision to purchase SITX tokens shall be based on consideration of this white paper as a whole. The Issuer reserves the right to (i) make changes to this white paper and any documents linked to the SITX token and/or holding and use of SITX token to ensure compliance with the applicable regulatory requirements and (ii) , do all that is necessary to be in compliance with any regulatory requirements, including but not limited to, interrupting, suspending or ceasing the operations or trading of the SITX token if deemed necessary at the Issuer’s sole discretion. It is solely up to you to ensure that no prior or subsequent approval, notification, registration or licence is needed or if such is needed, it is solely up to you to obtain such prior or subsequent approval, notification, registration or licence or require any form in the country where you are a citizen, national, resident or having a similar connecting factor, or incorporated, registered or effectively managed, and the Issuer shall not in any way be liable for any non-conformity of the above by you. The SITX tokens are not available to (i) a natural person being a citizen, national, resident or having a similar connecting factor to; or (ii) a juridical person being incorporated, registered or effectively managed and controlled from or within a country, jurisdiction or territory where the private placement or the holding and use of the SITX token and/or virtual currency or other tokens at any other moment in time is prohibited by laws, regulations or other practices and policies in the said country, jurisdiction or territory, which is taken to include, but is not limited to the United States of America, or any other jurisdiction where the aforementioned are prohibited. This white paper, the SITX tokens and/or the holding, use and trading of the SITX token carries no rights, whether express or implied, other than for their use on the SportInvestment.com platform and trading on cryptocurrency exchanges, SITX tokens do not represent or confer any ownership right or stake, share or security or equivalent rights, intellectual property rights or any other form of participation relating to the Issuer. SITX tokens do not give you any entitlement to acquire any such interest or entitlement in respect of the Issuer. The administrator of the Issuer, as identified in the Considerations section of this white paper, are the persons responsible for the information contained in this white paper. To the best of the knowledge and belief of the administrators of the Issuer (who have all taken reasonable care to ensure such is the case), the information contained in this white paper is in accordance with the facts and does not omit anything likely to affect the import of such information. The administrators of the Issuer accept responsibility accordingly.
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