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BEAT ICO: SPORTS INDUSTRY

vladiik4(26)

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The BEAT Blockchain will enable the user to store his verified sports health and activity data anonymously and encrypted in the Blockchain. Only the user will have truly comprehensive access to his data. The user can autonomously decide if he wants to become a Data Provider by sharing specific data based on a contractual agreement with future Data Consumers.

The Data Consumer only gets access to the data as agreed in the contract and for the sole purpose defined in the contract. The Data Consumers will appreciate such ease of access to verified and unchangeable data.

This concept will require “trusted third parties” (TTP) like management software for various health and sports providers, apps, smartwatches, fitness trackers, digitally enabled equipment, gyms, clinics, physicians, trainers, etc., tracking, verifying and storing the health and activity data of the user in the BEAT Blockchain.

This verifying and storing will require extensions and modifications to those systems already existing, enabling the owner of the data, i.e. the user, to store his data safely in the BEAT Blockchain under his control. The BEAT Blockchain builds a bridge of trust between Data Providers and Data Consumers as well as between trusted third parties (TTP).

It enables the user to control his personal data and allows to share it with sports sponsors, talent scouts, doctors, insurance companies and many more to unlock the vast potential hidden in his health and fitness data.

Who we are

We are a network of companies, with one common goal: to embrace all sport participants and providers, and encourage people from all over the world to do more sports.We all know that increasing the amount of physical activity is good for us.

Not only do sports and physical activities stimulate and sustain our health, sports also enhance our performance skills and increase our well-being. However, too few of us practice sports and exercise regularly and consistently.

The Masterplan

Unlock the hidden value of your health and fitness data with the BEAT blockchain - one heartbeat at a time.Imagine an incorruptible safeguard for your health and fitness data that seamlessly connects you with all the institutions, companies and people that can help leverage it.

BEAT is exactly this: a state-of-the-art blockchain platform that safekeeps your data and allows you to share it with sports sponsors, talent scouts, doctors, insurance companies and many more to unlock the vast potential hidden in your health and fitness data - one heartbeat at a time.

The solution for the biggest problem in sports today: lack of motivation to stay on it. You will be rewarded with BEATs for your sports activities. Instead of letting computers mine new tokens, BEATs are earned by measured sportive activitiesReal-world use cases finally create mainstream adoption.

Earned by and traded by millions doing sports, BEATs will have a real world monetary value from the get-go. You can use BEATs to pay for goods and services inside a very attractive ecosystemAll decentralized sports ecosystems connected by using the BEAT network - an open source blockchain network to reward and track all sports activities.

The Problems

25M sports providers need to attract, coordinate, bill, update and coach their customers need to manage accounting, cash flow, investments and provide additional services;
no online integration;
lack of constant motivation;
2B customers need to book, schedule, pay, get coached and motivated purchase clothes, training supplements, health supplements, sports equipment independently.

The Solutions

Customer Interface A network of sports community apps, fitness equipment, trackers, etc. Our NoExcuse app is the role model when it comes to a seamless platform integration. It delivers an outstanding user experience for the connection of providers and the customers. Instant booking, payment, scheduling, interactive training plans and discovering new offerings are just the beginning.
E-Commerce B2B / B2C E-Commerce marketplaces deeply integrated in the customer and provider interfaces We leverage the deep wealth of platform data to offer better targeting for providers and customers.
Service Layer A wide package of services from financial to lead generation Many business necessities outside of sports provider`s core competencies only distract from reaching for the real goal. We take this off their hands so they are free to focus on their strengths.
Cloud Management The leading software suite to manage the daily operations of sports & health providers Minimal requirements in hardware, everything lives in the cloud. Membership management, recurring billing, customer relationship, sales tools, setting up wourkout plans, scheduling & booking, point of sales and thousands of other features.

BEAT token and ICO details

A utility which gives the owner access to a certain amount of services regarding health and activity data based on the BEAT Blockchain. We also expect it to be used as voucher within our sports ecosystem, giving you access to goods and services as well as to be listed on secondary token exchanges.

Token price: 0.011 EUR
Price increase for 1 Token +0.001 EUR per week
Final price for 1 Token 0.019 EUR
Tokens created 5,000,000,000
Tokens for Sale 3,500,000,000

Unsold Tokens will be burned after the end of the Token Sale and might lead to a total supply less than 5 billion BEAT Token.

Economics and Allocation of the BEAT TokenThe BEAT Tokens are generated by the Ethereum Smart Contract ERC20 (the "Smart Contract"). The Smart Contract is set-up by MySports. The number of BEAT Tokens is capped at 5 billion.

The tokens will be generated and distributed as follows:

Up to 3.5 billion (70%) BEAT Tokens may be sold in the ITS from January 23rd to May 15th 2018. The proceeds are going to MySports.
All unsold BEAT Tokens will be burned after the end of the ITS and might lead to atotal supply less than 5 billion BEAT Tokens.
Up to 485 million (9.7%) BEAT Tokens may be used by MySports for bounty, bonus, marketing and referral programs before and during the ITS.
All BEAT Tokens not sold remain with MySports and can be used for further business development after the end of the ITS.
215 million (4.3%) BEAT Tokens are transferred to founders of MySports and team members after a lock-up period of 2 years.
800 million (16%) BEAT Tokens remain with MySports for business development perspectives to support future additions to the whole ecosystem. Some part of these BEAT Tokens will be used for the first real world use case of BEAT for sponsoring sportspersons.

After the BEAT Blockchain has been established and is running MySports will offer a first BEAT Contract to every sportsperson in the BEAT Ecosystem to reward them for doing sports. The sportsperson receiving the BEAT Token can use it in exchange for favors/services or goods of other Data Consumers participating in the BEAT Blockchain and the BEAT Ecosystem or trade the BEAT Token on a secondary market.