English name of project: SportyFi
Ticker of Token: SPF
Chinese name of project: /
Country of Project Incorporation: London, UK
Prominent investors: 582 undisclosed investors
Focused industry: sports – utility token for the SportyFi platform
Professional sport today has a high entry barrier - both for athletes as well as for small investors. Especially up-and-coming athletes at the outset of their professional careers face a lot of issues when it comes to funding their training and participation in events across the globe. The same goes for many sports clubs and other sports organizations which face severe financial and liquidity issues.
SportyFi will remove these barriers and consequently change financing in the sports industry by deploying a blockchain-based financing platform, serving athletes, clubs and other sports organizations, in raising the funds required to achieve athletic success.
SportyFi will enable a wider community to invest in sport, an industry worth USD 1.3 trillion with constant growth. By disrupting the existing model for financing participants in sport, SportyFi will open a new chapter in the sports industry, democratizing sports investment.
Token creation and release dates: November 17, 2017
Total available token supply: 70,673,454 SPF
Token in circulation： 50,078,266 SPF
Amount raised in ICO: $5,087,896.22 (11520.4606 ETH)
ICO price：USD 0.12 per 1 SPF
Distribution and usage of proceeds：
67% - Contributors in the SPF Token Crowdsale;
18% - Founders and team;
10% - Advisors and ambassadors;
5% - Reserve for future incentives for fast growth.
Disclaimer: this document is written with the information from the official whitepaper, to provide investors an overview of the token. The information in this document is collected legally. We make every effort to provide complete and accurate information. However, we do not guarantee accuracy, completeness, timeliness or correct sequencing of the information. This information is not to be regarded as investment advice, or legal proof or evidence.