The most popular sport in the world, with over 3 billion fans across the globe, is about to get more interactive. With the help of the Global Legends Series (GLS), a new soccer league featuring former world superstars such as Paul Scholes and Andriy Shevchenko, the 433 Token allows anyone to call the shots for their team, as well as interact with the players themselves. The GLS has already played games in Bangkok and Las Vegas, and is expected to play its next game in Hong Kong next year.
The 433 Token, an ERC-20 cryptocurrency based on the Ethereum blockchain, and has three different, interconnected functions. These token functions connect fans, youth talent, scouts, players, and many more stakeholders in this ecosystem.
The 433 Token gives fans the opportunity to directly sponsor youth talent who are mentored by Legends in the GLS. A group of GLS players will form a Fellowship of Legends who will mentor youth talent aged 16-18 from various soccer academies. This gives Legends an opportunity to stay engaged with the game they love while passing on skills and knowledge to the next generation of players.
Token holders can sponsor youth talent with their 433 Tokens, and scouts who sponsor talent can closely track their development and training, getting a better sense of their potential over time. This has the potential to lead to better player acquisition by clubs and better guidance for young players. All sponsored tokens are locked in a smart contract until certain mentorship milestones are reached, after which time they are released to the mentor.
Legends in the GLS will also hold special events, such as private dinners and fun activities, in which fans can interact with their favorite players. Special events are auctioned via a unique smart contract token, with the highest bidder at the auction to receive the event token to use for their personal experience with the Legend. Tokens collected by Legends will go to the charity of their choice.
Imagine playing an active role in your favorite team. 433 Token gives fans the ability to vote for rosters, venue, and even game format of upcoming games in the Global Legends Series (GLS). For upcoming games, fans can vote from a list of potential venues, such as Roma, Shanghai, Tokyo, or Miami for the next GLS game on June 1st, 2019. Once the venue is set, token holders will be able to vote on team rosters and game format.
A network where everyone wins
Fans aren’t the only ones who benefit from the 433 Token ecosystem. Youth can be sponsored by fans to grow their talents, scouts are able to obtain more reliable data about players, soccer legends have the opportunity to play once again and contribute to their favorite charities, and cryptocurrency investors have the chance to get in on the ground floor of this brand new league and format. The Ethereum blockchain provides the backbone for the creation of smart contracts, voting rights, and data management in a way which levels the playing field across the game. This has the potential to reach three billion soccer fans around the globe, promoting the new technology on a massive scale. It appears the 433 Token provides a win-win for everyone across the board.
Dan is a freelance cryptocurrency and blockchain content writer. He has written content for startups, ICOs, financial planners, venture capital firms, and more. Previously he founded an e-commerce company that grew to $1 million in revenue and profitability in less than 3 years. Dan has a degree in Economics and Finance from Bentley University.