The advancement of technology these past few years has really been rapid and progressive, we are now without a doubt in the internet world, where nothing is done without the aid of the internet. Ranging from Communication, business, games, shopping, artificial intelligence, sports, the list is endless has experienced technological changes these past years.
Blockchain technologies are created every day to enhance the ease and convenience of doing some activities. With the ongoing technological advancement, the world of sports isn't out of the equation. The sports world has created a platform for the emotions of entire communities to be free and vibrant with its fans, despite this, the world of sports faces serious challenges ranging from lack of commitment on the part of investors and financial problems faced by athletes.
GLOBALTALENT AND ITS GOALS
GLOBALTALENT is a blockchain based platform, believes in a decentralized world and also trust that they can bring an effective change to the world of sports, by creating life-changing opportunities for sports athletes on its blockchain technology ecosystem. GLOBALTALENT has risen to the challenges of the sports world, with the goal of ensuring that all sports aspirants no matter their specialized field, reach their goal and live their dreams as far as sports is concerned.
CHALLENGES
The challenges faced by the sports world is dual, as it does not only affect the athlete but also clubs that these athletes represent.
Club Challenges :
- high-interest rate on loans
- Unavailability of funds to buy and retain athletes
- taking compromising decisions as a result of deadlines on loan payments.
Athletes Challenges :
- lack of sponsors
- lack of exposure
- Unavailability of funds
- due to funds scarcity, athletes are exploited by sports investors
PROBLEMS
- tokens are non-refundable
- tokens may have no value
- lack of market development of tokens
- tokens are not insurable
- risks are related to high speculation of prices
- purchaser bears the responsibility of legal categorization
- failure to map a public key to purchasers wallet
- risks of hacking and theft
SOLUTIONS
creating a decentralized market where investors and fans can invest in clubs or players and gain rewards by buying and selling of future benefits.
the cost of buying new player rights is reduced as they don't need to work under terms of investment.
helping the sports communities to obtain financial support to augment their sports activities
being over 50 years in the sports industry GLOBALTALENT knows well the challenges and with its team has brought revolution in the sports industry through decentralization.
ensuring fair treatment of clubs and athletes.
developing a took that will help sports and players saw their rights to fans and hence be financed from there.
In summary, GLOBALTALENT has made the sports world of sports more fun to be in, by allowing sports talents live their dream to their full potential, and also ensuring that sports investors and young upcoming athletes are fairly treated.
GLOBALTALENT has made it possible through their blockchain for athletes not to the only dream but lives their dreams.
TEAM MEMBERS
ROADMAP
For more information visit GlobalTalent page:
Website: https://globatalent.com/
Twiter: https://twitter.com/globatalent
Telegram: https://t.me/globatalent
Author's details
BTT name: bl3zzy
BTT link: https://bitcointalk.org/index.php?action=profile;u=1328702