Sunday, July 29, 2018

SPORTSFIX (SFT): SPORTS STREAMING PLATFORM WITH BLOCKCHAIN TECHNOLOGY

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ABOUT SPORTSFIX

SportsFix is ASEAN’s largest decentralized over the top (OTT) sports live streaming platform. Leveraging the blockchain technology, SportsFix will let fans vote for the content and the user experience they want. This model will revolutionize the current distribution system which is based on middlemen mark-ups and bundling/packaging artificially and over-priced products for sports fans.

SportsFix is a mobile-centric live streaming platform for sports enthusiasts in the ASEAN region. The platform is streaming popular local, regional, and international sports content. SportsFix is located in Kuala Lumpur, Malaysia. It is owned by SF Media Holdings Sdn Bhd, a subsidiary of TSA (Total Sports Asia), Asia's global leader in sports content. 

SportsFix presents a digital sports content ecosystem based on Blockchain technology; debundling and decentralization of sports media rights enable the investment of micro content rights, enforce trust and perpetual transparency through SF Tokens (SFT) and smart contracts built on the Ethereum network. SportsFix combines the power of the "Netflix" platform with blockchain to transform the world's most powerful content - SPORTS. SF presents a decentralized sports media ecosystem aimed at completely changing how fans are connected and engaging with sports content. With our fan-centric Token SportsFix Tokent (SFT), fans can participate and engage with their favorite leagues and clubs in an autonomous economy with all digital transactions using smart contracts supported by blockchain technology.


DIGITAL STADIUM FEATURE

TIERED MODEL 

Digital stadiums are tiered based on group attendance. Although digital stadiums can theoretically have a near unlimited capacity, stadium tiering is used to incentivize respective fan bases to watch the livestream together. As the community of fan bases grow, they collectively as a group move up the digital stadium tiers to unlock innovative stadium features to enhance their viewing experience. 
An algorithmic formula is used for each game to determine the tiers. The formula calculates the projected content cost for the game, feature cost, and hosting cost. The stadiums are tiered out by those costs and divided by the number in attendance. The formula optimizes which digital stadium will be unlocked for a fanbase based on these metrics. At a bare minimum, a bronze stadium will be made available to digital season passholders (see further below) for every game since they are enrolled in a seasonal subscription and helped release the content. In order to ensure parity between sports club fan bases, the formula will also take into account key metrics of the club which include regional market size, social media followers to determine how large respective communities need to be before getting upgraded to the next tier. SF will be promoting market driven product development with our user base using this model. Our users are empowered to unlock the features they want to see and use. A continuous delivery approach will be implemented to create the best customized experience specifically curated for users.

BRONZE STADIUM

The bronze stadium is the base stadium and provides the standard OTT streaming experience alongside one custom feature. This stadium is continuously unlocked for our digital season pass holders.

SILVER STADIUM

The silver stadium has the full basic features unlocked for its fan bases which include earning loyalty and entering the group leaderboard competition with other digital stadiums. These users in this stadium will have active SFT wallet where they can accrue loyalty points and earn tokens. Fan bases that unlock the silver stadium will be entitled to choose two custom features to enjoy in their digital stadium experience.

GOLD STADIUM

The gold digital stadium retains all the features of a silver stadium and allows users to enjoy 5 customized features in their digital stadium experience.

PLATINUM STADIUM

When the platinum digital stadium is unlocked the marketplace opens. The marketplace allows users to redeem their loyalty points (see below) that they’ve earned. The platinum digital stadiums allows users to access all custom features!

SUPERFAN STADIUM

The SuperFan Stadium are Digital Stadiums that are officially endorsed by sports clubs. This stadium is independent of Bronze, Silver, Gold and Platinum stadiums. Here users have access to special content that is produced by the club that entails player interviews, behind the scenes, and special access content. The SuperFan stadiums are able to encompass the full digital content spectrum by allowing clubs access back to their Live streaming rights and complemented it with the ancillary content they produce.

Sports clubs will be allocated predetermined number of SFT to be distributed to their fan base. The amount of tokens distributed is based on the addressable market size of fans (e.g. location, social media following etc.). Fans that receive these tokens will automatically be placed in the Bronze SuperFan Stadium whilst fans that were already digital season pass holders are automatically upgraded to Silver SuperFan Stadium.

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SFT TOKEN

SportsFix Platform aims to issue cryptocurrency token, token symbol: SFT. SFT token has a particular рurроѕе whісh is to fuеl the platform ecosystem. SFT token can be used for numerous functions, including: 
Fee from the live content bidding to view
Fee from DSP subscriptions to watch live content
Fractional sports content purchase fee (Users buying individual sections of one game)
Digital stadium creation & maintaining fee
Digital Stadium upgrade costs – storage, user cap, ect
Marketplace fees from Digital Stadium

Token Detail:

Token Symbol: SFT
Tokens Issued: 800,000,000 
Token Price (USD): 0.10 
Pre-sale duration: 4-8 weeks
Total amount SFTs sold: 440,000,000 
Pre-sale discounts: 30-50% 
Soft cap ($): 2,000,000 
Hard cap: ($) 37,200,000

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For more information about SportsFix and its SFT token, you can visit these following links: 


Author: Binar Bumi
Bitcointalk Username : binar234

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