Closing the gaps in football
By implementing blockchain technology and Smart Contracts, the 433 token ecosystem will create better links with football talent, fans and its stars. 433 has been endorsed by Paul Scholes and Andriy Shevchenko, former soccer stars, who it says will be participating directly on the 433 platform in the form of hosting events and mentoring.
How does 433 work?
Set up by Soccer Legends Limited, the 433 token ecosystem serves three key purposes. Firstly, to bid on having the opportunity to interact with a football star. Secondly, to vote on the format of future events and finally, to sponsor a new young player. It states that it is ‘empowering 3 billion soccer fans with blockchain technology and Smart Contracts’ and that it aims, through decentralization, to make the most popular sport, more ‘transparent, efficient and democratic’.
Paul Scholes is quoted in the 433 whitepaper as saying: “I’m a firm believer in supporting development in football. I’m delighted to be part of this project and excited about hopefully helping the next generation of young footballers.”
The start of the ICO is November16th and it will come to an end on January 10th. The token supply is 1 Billion and the number of tokens offered is 300 million. There is a soft cap of $4 million in the sale and a hard cap of $27 million. Each token is priced at $0.09. Accepted currencies are ETH. Have a look at the 433 website for more details on the token sale.