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Bitcademy Football – ICO Detailed Information


ICO Bitcademy Football
Bitcademy Football Since they originally appeared almost 11 years ago, cryptocurrencies have been promising a change that would make the world a better place for everyone. They offer a number of benefits over traditional finances, including lower transaction fees, decentralization, as well as the ability to reach everyone, whether or not they have access to the bank.
Start September 1, 2019
End October 31, 2019
Rating 4
Status
KYC Yes
Founded 2019
Categories Sports
Platform Ethereum
Token BTMG
Soft cap $4 000 000
Hard cap $15 000 000
Minimum investment 1 ETH
Tokens for sale 1000000000
Accepting ETH, BTC, USD, EUR
Whitepaper Yes
Discussion
Countries Estonia
Social

Bitcademy Football Overview

ICO description, Technical Details and Documents

Bitcademy Draws Football and Blockchain Together


The industry of sports has become increasingly commercialized over the last few decades. Football, in particular, makes for the prime cut of that pie, as it inarguably enjoys the ever-growing global popularity facilitated by the steep hike in the incorporation of informational technologies.

Football shouldn’t be only for moneybags


On the darker side of things, the football industry of today is a mirror reflexion of the contemporary global society which gets more and more segregated in terms of wealth distribution, where underprivileged are depleted of opportunities for fulfilling their potential.

Although the most successful football clubs of today generate collectively tens of billions of dollars, only the tiniest fracture of these funds goes into scouting for new talents in developing regions of the world and building new football academies in the countries outside their stamping grounds, such as Europe and Latin America.

Bitcademy decided that it is time to disrupt the industry by building the blockchain platform for finding football diamonds in the rough, granting users an opportunity to invest in players’ development and profiting after they make a leap to the professional stage.

The vision offered by Bitcademy involves the establishment of a wide global network of brick-and-mortar football academies, the activities of which are going to be incorporated in the BaaS (blockchain-as-a-service) platform.

The academies that breed talents and profits


According to Bitacdemy’s business model, called E3 (Enter- Expand-Expand), they plan to establish several football academies in the regions that are overlooked by major clubs. The Enter stage provides for the launch of such an academy in Eastern Europe, most likely Poland, followed by the expansion to Africa, the Middle East,  Asia, and Central America.

The academy recruits talented children aged 8 to 12, as well as teenagers, from the corresponding region and places them under the wing of professional youth coaches.

The training process, named by Bitcademy as the Smart coaching method, is designed in conjunction with artificial intelligence. AI also provides for football technique imitation and a scrupulous player classification. Player’s progress is to be meticulously monitored by the means of tracking pods and digital wristbands provided for each academy member upon his enrolment. Each player receives a digital passport that contains all information about his progress, encrypted and stored on a blockchain. 

Marketplace and token economy


Bitcademy is meant to be a two-way road for football prospects and platform users as it enables the latter to invest in the development of a particular player and then reap financial benefits after this young footballer strikes a deal with a professional club. To that end, Bitcademy has developed a decentralized marketplace. Within the framework of this marketplace, any user can become an investor in a football talent through purchasing Bitacademy’s native security tokens BTMG (Gold or Silver). Gold tokens are distributed during STO. Apart from serving as an investment instrument, these tokens also exercise the function of share, granting its holders the right to vote on the further course of development of Bitcademy.  

Silver tokens will come into play after STO and will serve as the basic currency on the platform, used for the initial estimation of player’s talent - Silver Token Valuation - and the subsequent financial operations: sponsoring, token trading, and dividend allocation, conducted through the Investor Dashboard.  

STO details


The Bitcademy STO is up and running with a hardcap of $15 million, featuring a 25% bonus for all early investors. The token sale will last until July 3. The price of 1 BTMG is set at $0.038 with the minimum investment threshold of $200. Bitcademy’s token can also be obtained through participation in airdrop and bounty programs. Investors from China and the United States can’t participate in this STO.

Author: Alex Paulson for Crypto-Rating.com

Bitcademy Football Milestones

* Crypto Rating accepts no liability for any errors in the Bitcademy Football ICO information and Rating. For the most up-to-date information please visit the ICO's official website.

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