THELOGICALINDIAN - Brazilian football club Avai FC is axis to blockchain and cryptocurrency to advice accounts its aggregation and their vision
In the accomplished year, Initial Coin Offerings (ICOs) accept exploded in acceptance as a way to added calmly crowdsource allotment for projects and companies in the technology field.
ICOs acquiesce for fundraising by creating and affairs tokens that the investors can again use to transact on the blockchain.
Brazilian Football Club Avai FC accept taken apprehension of this and see the abeyant of bringing this blockchain and technology-based industry into the antic sector.
The club is teaming up with SportyCo and Blackbridge Sports to accompany this dream to fruition.
SportyCo and Blackbridge Sports are at the beginning of addition of sports costs and see opportunities for added inclusivity for admirers and baby investors to bigger abutment the teams and players they absolutely accept in. The ICO archetypal additionally allows for added of a autonomous arrangement in which investors accept added of a articulation in affairs apropos how the money is used.
“We are admiring to acceptable Avai FC as our partner,” said SportyCo’s Co-Founder Marko Filej, “With this antecedent bread alms we are aperture a new affiliate in football and the sports industry in general.”
The Avai FC badge sale begins on October 3, 2018, at 12:00 UTC and concludes absolutely one ages after on November 3, 2018, at 12:00 UTC.
During the AVAI token sale, tokens will be awash at the amount of 1 AVAI/1 USD. 93 percent, or 20,460,000 AVAI, will be accessible for purchase, with a absolute circulating badge accumulation of 22,000,000 AVAI.
Investors will accept their AVAI tokens at the achievement of the crowdsale that they will be able to use for ‘unique articles and experiences.’
Avai Football Club president Francisco José Battistotti is aflame to activate this adventure stating:
Do you anticipate ICOs and blockchain technology can agitate the accepted arrangement of costs in sports? Let us apperceive your thoughts in the comments below!
Images address of Bitcoinist archives.
