soplo: Faxport's Goal Is To Develop Into The Most Formal Commercial Sports Service Platform

1 Rationale.

As you know, the sports trade is still growing globally. The sports industry is one of the most popular and has grown at an annual rate of 5% in the last 10 years. In the UK, 2.4% of the workforce is involved in sports. United States 2,5% of labor force engaged in sports activities.
According to statistical data, the global sports industry, with a production value of about $ 200 million, annually (including competitive sporting events, sports and fitness, sports goods , location operators, intermediaries, traditional sports media).
However, the sports industry has begun to face some challenges such as the lack of interest and trust of sports participants, they only play sports as a hobby without absolute interest. to it. In addition, the sports data is cumulative, lack of privacy, high transaction fees and service charges, false reports, high foreign exchange fees, falsification etc.
Faxport wants to address these current difficulties as well as develop the overall sports and commerce industry by establishing a trusting relationship, establishing a global communications network platform that connects with advocacy and at the same time speed up the development of global sports. Faxport will also contribute to lowering economic costs and optimizing the allocation of resources in sport. Information and identification of another party is easy when dealing with transactions and communications on the Faxport platform.

2 What is a faxport?

Faxport is a blockchain-based sports business service platform. Faxport will use the technology of fragmented, unadorned natural decomposition to increase mutual trust, while reducing abuse and establishing a credible system for the global sports industry. That way, Faxport provides a platform for participants with a trusted user experience based on trust and security.
Faxport was established as a project team by the end of 2016, to develop and operate. In 2018, Faxport Holdings Limited is registered worldwide in Seychelles, with all operations conducted as a joint stock company. Directly connected with global sports trade players, service providers and consumers through a scattered chain network, it promotes positive interactions in the global sports trade market. bridge.
Faxport uses the advantage of blockchain as a hierarchical, secure, immutable encryption and does not require any intermediate trusted organizations, relying on its use in the core business of commercial databases. sports, trade networks and talent recruitment. This is a complete ecosystem that addresses the challenges and issues that the global sports market is facing.

3 Faxport's

goal Faxport's goal is to develop into the most formal commercial sports service platform in the world. This project is based on the development of the intelligent contract of Ethereum. Ethereum is a widely accepted, standardized, fully implemented, and easy platform for developing and coordinating the basis of blockchain. Using Ethereum 's "Turing complete" virtualization technology, Faxport has redefined transaction modes and rules for state transition functions to build all types of intelligent contracts in commercial services. sports.

4 Features of Faxport

- Directly connect global sports investors, servers and customers with a hierarchical blockchain network.
- Mainly applied as a sports-based ecosystem, sports business database, professional social networking, recruiting, crowdfunding etc.
- Building a global sports media platform .
- Faxport hopes to rebuild and sport the Kickstarter version, providing financial services, recovery and acceleration. As an investor, you can also immediately invest and sponsor any sports program in the world through cryptocurrency.
- FAS is a Faxport token solution. You can use FAS to buy FX at the appropriate discount, and FAS is also equivalent to the level of investment on FAX GO crowdfunding.
- FAX GO independent on Faxport platform.
- It is a non-centralized sports settlement clearing fund with cryptocurrencies like FAS, BTC and ETH.
- Through mechanisms such as smart contracts, FAX GO can control the time frame and return the investment program.

5 Achievements Faxport

Faxport has an active partnership in China with Kuaitiyu, which is jointly involved in dealing with China's largest commercial sports database. It is also planning to form a partnership with a well-known Japanese HR service provider; This will lead to project implementation in the Japanese market in 2018.
The Faxport Fingerprint Code (FAS) is based on the Ethereum ERC20 standard. In addition to being used in business, FAS can be used to purchase FX credit on Faxport, which allows the purchase of additional services on the platform. The value of FAS is expected to increase as the number of users and customers of the platform grows. The total supply of FAS provides a total of 200 million and the pre-sale price of the token is 1 ETH for 3,764.00 FAS.

6 Overview of ICO Faxport