Cristiano Ronaldo Imortalized on the blockchain through smart-contract
Cristiano Ronaldo is a Portuguese football player with lots of awards and titles to show for the skill, talent and passion he has for the game of football.
Legends are always to remain forever as they have left an indelible mark upon the sands of time which for ages to come, generations after generations would see and acknowledge their immerse contributions to the field they have chosen to be known for.
Cristiano Ronaldo is a legend. And it has been decided by a team of young football and blockchain enthusiast to immortalized him on the blockchain forever.
As it is known, the blockchain is a distributed ledger which allows for immutability of data stored in it.
The idea is to have the name of the Legend marked on the blockchain which as it is said above cannot be removed - immutable. Hence, the Immortalization.
One question comes to mind, how is it possible to Immortalize the football legend on the blockchain?
The answer is not so far or difficult. The answer is basically simple , the Team of football and blockchain enthusiast, have developed a decentralized cryptocurrency called CR7COIN (CR7) just like the popular bitcoin but unlike bitcoin, this cryptocurrency is built on the Ethereum blockchain through the use of smart-contract.
Profile details of Cristiano Ronaldo such as his date of birth, full name, country and jersey number has been stored on the blockchain, which can be found on the readable smart-contract on etherscan.io.
HOW WOULD THIS BE USED/ WHAT IS THE USE CASE?
The basic idea about this project is to build the presence (activities) of the football legend into the everyday life of its football enthusiast - his loyal fans.
This would be achieved by the development of a market place where football and sports related goods would be sold using the cryptocurrency CR7COIN as the payment currency.
This isn't just all, as the project team also would build a football network which would be used to connect aspiring football players and agents as well as partnership with football merchants and platforms to accept the CR7COIN as payments.
Coming to the technical aspect of CR7COIN, the team has an algorithm tagged as Proof of CR7 (PoCr7). The total supply of the token is 7,000,000 CR7 with a decimal of 18 (Standard) and token symbol of CR7.
It should be known that the project is a community driven project and it is not endorsed by Cristiano Ronaldo.
In order to drive the value of the CR7 tokens, it won't only be used in the market place which would be built for sport related goods rather; it would also be traded on exchanges like bitcoin and Ethereum.
HOW WOULD INDIVIDUALS BUY THE CR7?
Well, that’s a pretty interesting question but it should be known that CR7coin is community driven and as such, the tokens would be distributed through airdrop and bounties of 50% and 15% respectively of the total tokens. Buying tokens would only be possible once it starts trading on exchange.
WHEN DID THIS PROJECT START?
The CR7COIN project was idealized in the fourth quarter of 2017.
The announcement, launch of its website as well as deployment of the immutable CR7 Smart-contract and the bounty programmes including the initial airdrop were scheduled for Q1 of 2018.
More are scheduled to come in quarters of the year such as listing on exchanges and Coinmarketcap as well as the Whitepaper and further distribution of the tokens in the second quarter. Further advances and progress such as football network platform, sports platform, possible partnerships listing on merchant platform (Coinpayments) as well as possible acknowledgement by (Cristiano Ronaldo). All these would be announced when their time comes.
As this project progresses, we can only hope to see the loyal fans Cristiano Ronaldo have an everyday feel of the Legend’s presence and activities in their daily living.
Disclaimer: CR7Coin is not owned, operated, endorsed by, or otherwise affiliated with Cristiano Ronaldo, CR7 trademark or any other organization owned and/or operated by Cristiano Ronaldo or any of his affiliates. This is a community project by his die-hard fans.
Website: https://cr7coin.org
Telegram: https://t.me/CR7Coin
Facebook: https://facebook.com/CR7Coin
Twitter: http://twitter.com/TheCR7coin
Instagram: https://Instagram.com/CR7Coin
