What is The Sports NFT?
The Sports NFT is an upcoming Decentralized Marketplace for Collectables on Cronos Chain. This will be a P2P platform for trading collectibles you own in the real-world (not just pictures).
The Roadmap V 1.0 for the Project is divided into 4 Phases with a goal to branch out into two different business verticals by the end of Phase-4
Gold Partnership- The Hall of Fame
The Sports NFT is coming up with the first-ever drop on Cronos Chain in partnership with Ebisu’s Bay. This is the first ever sports related drop that has ever happened on Cronos Chain.
First Collection is named Gold Partner Collection- The Hall of fame which is a collection of 300 NFT’s offering direct profit-sharing partnership to all the holders.
•30% of all primary profits from future drops are shared among holders of these NFT’s from time to time.
• Exclusive access to DAO- This will give all holders the power to cast their vote towards proposals put forward by the team, along with community proposals for roadmap ideas and utility.
• Exclusive giveaways for the gold partners.
• Chance to be a Platinum partner and enjoy a bigger chunk of profits.
How does profit sharing work for Gold Partners?
Do I need to stake my NFTs to receive Profits?
Update May, 2022- No you do not need to stake your NFT. We have moved toward creating an Investment DAO fund where we use funds to buy high priced NFT’s and all NFT’s are shared equally by Gold Partners + VIP gold Mascots.
̶Y̶e̶s̶,̶ ̶Y̶o̶u̶ ̶w̶i̶l̶l̶ ̶n̶e̶e̶d̶ ̶t̶o̶ ̶s̶t̶a̶k̶e̶ ̶y̶o̶u̶r̶ ̶N̶F̶T̶ ̶w̶i̶t̶h̶ ̶o̶u̶r̶ ̶S̶t̶a̶k̶i̶n̶g̶ ̶P̶a̶r̶t̶n̶e̶r̶s̶-̶ ̶C̶r̶o̶d̶e̶x̶.̶ ̶R̶e̶w̶a̶r̶d̶s̶/̶ ̶P̶r̶o̶f̶i̶t̶s̶ ̶w̶i̶l̶l̶ ̶b̶e̶ ̶d̶r̶o̶p̶p̶e̶d̶ ̶i̶n̶ ̶t̶h̶e̶ ̶r̶e̶w̶a̶r̶d̶s̶ ̶p̶o̶o̶l̶ ̶o̶n̶ ̶C̶r̶o̶d̶e̶x̶ ̶a̶n̶d̶ ̶y̶o̶u̶r̶ ̶s̶h̶a̶r̶e̶ ̶o̶f̶ ̶p̶r̶o̶f̶i̶t̶s̶ ̶w̶i̶l̶l̶ ̶s̶l̶o̶w̶l̶y̶ ̶s̶t̶a̶r̶t̶ ̶d̶r̶i̶p̶p̶i̶n̶g̶ ̶i̶n̶t̶o̶ ̶y̶o̶u̶r̶ ̶a̶c̶c̶o̶u̶n̶t̶.̶ ̶T̶h̶i̶s̶ ̶w̶i̶l̶l̶ ̶m̶a̶k̶e̶ ̶s̶u̶r̶e̶ ̶t̶h̶a̶t̶ ̶l̶o̶n̶g̶ ̶t̶e̶r̶m̶ ̶h̶o̶l̶d̶e̶r̶s̶ ̶a̶r̶e̶ ̶f̶a̶i̶r̶l̶y̶ ̶r̶e̶w̶a̶r̶d̶e̶d̶.̶
What do upcoming drops after this one look like?
Upcoming collection after this one will have a larger supply and We will disclose utilities/ sneak peeks from time to time. All our NFT projects will be 100% backed by Utilities.
Where would the re-investments go?
The Sports NFT will redeploy funds as shown in the pie chart above.
What are the benefits of the Gold Partnership?
1. Gold Partners will earn 30% of primary profits earned from operations.
2. Gold Partners will be given preference while selecting Platinum partners. Platinum partners will be the team of very few core members with specific skills who will be enjoying a bigger chunk of profits and will be directly responsible for carrying out NFT operations.
3. Gold Partners will be part of DAO and will have direct voting rights in all decisions taken for future growth.
4. Gold Partners will automatically be whitelisted for all future drops.
5. Exclusive giveaways for the gold partners.
6. Gold Partners will be whitelisted for the Pre-sale of token in Phase-2.
7. The Sports NFT will share quarterly financial updates with Gold Partners to maintain transparency.
Do you have a Partnership with any athletes or Clubs?
No, We do not have partnerships. We do not essentially require a partnership to run P2P marketplace but we will be reaching out to multiple influencers/ Professionals/ athletes in Phase 2 to have this as add on to our Project.
How do you take care of complying with copyright/ IP Laws?
We will make sure that we do not use any images, pictures, names or data on our portal which portrays the true likeness of any celebrity, agency, club or professional.
Why Sports?
Total viewership for just these 10 games is 14+ Billion. To give you some perspective, the Population of the world in 2022 is 7.9 billion.
