Describing itself as a virtual market place with state-of-the-art training facilities for aspiring youth talent, Bitcademy will be ‘helping and empowering young players achieve their dreams’ through its blockchain-backed solution.
New exposure for players
Built on Ethereum, the ecosystem is where investors are able to trade or hold rights to individual players. Players will gain exposure to agents and clubs and alongside this, other items like equipment and education are also funded by the market. Sports facilities for training will be leased globally and funds raised through the ICO will go into the development and transformation of the properties.
A scalable solution
Funding will be facilitated using decentralized technology, and a number of different cryptocurrencies. Artificial Intelligence, skill measurement tools and player predictions will also form the Bitcademy offering. The blockchain will support player development and progress tracking with heart rate monitors, GPS systems and accelerometers. It says that its system is scalable and usable in any sport and presents expanding and licensing opportunities.
Different models of tokens will be released including gold for sponsoring children and silver tokens used for individual players. Pre sale dates are: December 1st – December 31st with the main sale starting on February 1st until February 28th. The total amount of tokens is 1,000,000,000 and there is an initial token price of $0.0380 and a funding goal of $15,000,000.