The SportyCo platform is now in beta.
Following the conclusion of the platform's token crowd sale in December 2017, the team has been busy developing the platform to generate opportunities for investors and athletes alike.
Now, as of February 27, 2018, the platform's beta version is online and open to the public. This beta lets users invest in three real-life up-and-coming athletes, carefully chosen by SportyCo staff to make the process as smooth and streamlined as possible.
Following the success of the beta platform, SportyCo will be able to open applications for athletes to sign themselves up, making the process faster and more efficient while giving investors a far greater number of options to choose from.
Meet SportyCo's First Crowdfunded Athletes
Instead of starting out with fictitious test athletes, the SportyCo team was eager to begin working with real athletes who need a leg up on their promising careers as soon as possible. To this end, the team selected three promising young athletes:
Diego Silvio Franzot: A 16-year old Italian football player currently living in Florida, Diego has won several tournaments with various teams so far in his career, including the 2009 Japanese Football Club Cup, the 2013 EFA Cup, the 2015 Universal Cup, and the 2025 RCD Espanyol Tournament. He joined SportyCo to support his expensive training program and develop a personalized nutrition plan.
Gasper Kemperle: Slovenian alpine skier Gasper Kemperle won first place at the 2016 Giant Slalom Regional Championship and third place in the 2018 International FIS U18 Championship. He seeks to obtain funding for a coach, covering his college tuition, accommodation, competition fees, and ski tickets - a total of €13,000 that he cannot cover on his own without compromise.
Jaka Gorjan: An 11-year old motorcycle racing prodigy, Jaka has been obsessed with motorcycles since the age of 3. Since 2013, he has consistently won first place in the AMZS National Ohvale GP0 110 Championship in his native Slovenia, and won second place in Italy's 2016 FMI CIV Trofeo Italia. Every racing weekend costs his family at least €2000, and every training weekend costs an average of €1500.
Diego Silvio Franzot met his crowdfunding goals in less than 12 hours.
The SportyCo beta lets potential investors donate to these athletes and help them further their careers. As the platform matures, the team will add more athletes and begin allowing individual athletes to set and negotiate unique smart contracts with investors.
Smart Contract Investing Coming Soon
The SportyCo platform beta allows users to donate to these three carefully chosen athletes. By April 2018, the platform will have matured enough for investment to occur. At this point, investors and athletes will agree on their first smart contracts on the platform, and the stage will be set for SportyCo to achieve its ultimate vision.
When investors have the opportunity to reliably and safely invest in individual athletes, the world of sports will finally be open to every talented young athlete. The funds needed for expensive training, coaching, and equipment will finally be within reach for anyone who demonstrates that they have a future in the world of professional sport.
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