In this age of blockchain technology, Globatalent is one such platform that is in love with the sports industry and thus, it seeks to tokenize the sporting talent. To define it in the right words, Globatalent is a decentralized blockchain platform that allows the players to attain funding by selling off the future revenue rights to the fans all over the world. Globatalent makes use of the smart contract that is based on the blockchain technology, with the help of which the investment process is automated. This help secures the token trading also to make it fast.
In Globatalent investments are treated as liquid assets that can be converted at any time in the tokenized economy. In short, one can say that Globatalent mainly aims to decentralize the entire sports industry.
It has been almost 50 years that the Globatalent team has worked in the sports industry and therefore, they are very much well aware of the disappointments and obstacles that prevail in the sports industry. This is the reason why they seek to revolutionize the entire sports industry by making it completely decentralized.
Globatalent is a public blockchain project that aims to ensure all fair-play commitment and boost for the sports industry. They are trying to build a tool that will allow the players and the clubs to sell their rights to their fans all across the world. The players and the clubs will then be able to earn partially from their future income rights. This will help them continue their career or season. Not only that but Globatalent will also cut down on the costs of buying new player rights as they will no longer have to work under the terms of investments of funds. This project will help the sports industry obtain financial support to carry on with their activities in a healthy way.
The main features that Globatalent has are as follows:
• Players will be able to raise funds in order to carry on with their athletic dreams.
• It is a blockchain based platform that makes use of the smart contract technology.
• Players can raise funds by selling off their future revenue rights to their fans.
• Investors are allowed to access the future revenue collected by the clubs or the players.
Well, that’s all about Globatalent. In short, it can be concluded that Globatalent is a project that is meant for the sports industry in order to revolutionize it into a decentralized platform.
Here are the complete details of the Globatalent token economics:
Website
Whitepaper
ANN Thread
Blog
Twitter
Telegram
