This is not a "shilling" article - so ignore her token name & features for the moment. Try to understand the whole concept - including social, financial & community innovations offered (and already implementing!). Currently, this is one of the biggest Bitcoin Cash & SLP projects in progress - in terms of possible positive impact on the real world. It is definitely worth knowing more & support it.
The problem of inequal chances
We live in the world of inequal chances - and for us, this is the biggest problem of modern society. People are created different - with variable interests, intelligence levels, temperaments, characters, hard work capabilities, etc. One person aims to be an athlete, another one dreams to become a pilot, and for the third one being a farmer & caring about their rancho makes a sense of full, happy life.
Some people think that money is a reason for inequality. Our vision is directly opposite: money - if freed from non-market impacts like corruption & protectionism - can easily solve an inequality problem in a vast majority of cases - while still keeping the principle "you get what you deserve" as a primary idea.
Furthermore, a "next-gen money" - what Bitcoin Cash is - with its decentralization, low fees, fast transaction times, and technologies like SLP in the BCH universe is ideally suited for making many parts of our social life more equal & fair for everybody.
So without further ado let me describe how things stand now in the professional sports world - and how one brave girl and her Bitcoin Cash friends from around the world joined together to make the world a bit better.
They did it in football
One of the most efficient athletes' search & management systems is implemented in global football. Why? Because global football is driven by pure market forces much more than most of the sports in the world.
Whether you are born in Nigeria, Eastern Europe, or Canada, you will have your chances to become a professional football player. Why?
because money serves as THE REAL universal equivalent: coaches, club managers & agents will invest their time & resources in you not because you are a nice person (you might be, or might be not), but because you can grow into a good player highly valued on the transfer market;
because competition naturally makes the system fair for all the participants: players have hundreds of clubs & agents to choose from before signing the contract, and club owners may sign thousands of players;
because market size & width secures more confidence for football investors: a player can perform in Spain or Kazakhstan, in the higher or lower league, and still be "profitable".
Unfortunately, in most the other sports - and virtually all individual sports - things are completely different, to the worst side.
Monopoly, corruption & elitism are killing "the power of money"...
In tennis, as well as other individual sports, there is no "transfer value" of an athlete. This means that the only fair way to evaluate a promising junior player's potential - and therefore invest in their future - is absent.
No, we do not put money at the top of everything in sport. What we are trying to explain that if a decentralized financial assessment like a transfer value (or something different we will describe later in the post) is out of usage, much worse things step into the game.
Less talented players can be supported by centralized federations because of their parents' or clubs' influence & connections - this is called "corruption".
Less talented players can be supported because they are native residents vs. immigrants or minorities - this is called "protectionism".
Less talented players can be supported because they practice in an elite country club, and are coached by an established coach - this is called "elitism".
...Good news: we know how to fix this (using Bitcoin Cash & crypto)!
Our tennis player, Oleksandra Oliynykova - who is at the same time Bitcoin Cash Global Tennis Ambassador - started her crypto journey several months ago.
We began with a bang - being hugely supported by Bitcoin Cash unbelievable community, both with moral support and financially (through read.cash tipping & direct contributions). Naturally, we wanted to react on this amazing support with the best possible sports results!
Like many crypto newbies, we tried different approaches for saving, using, and investing our BCH - from direct spending (to pay coaches, tournament travels, equipment like tennis balls, shoes etc.) to investing in other coins, trading, staking, farming, etc.
While some of our attempts were successful and some not, what we constantly tried to do is to find appropriate answers for these important questions:
how to turn our supporters & Bitcoin Cash contributors (de-facto sponsors) into participants - to provide distinct returns on their (resources & efforts) investments into our athlete?
how to make the whole process transparent & optimized?
how to minimize risks & make this "sports & crypto story" sustainable?
if all the above is possible - can we do it scalable, so other athletes can copy & replicate our experience?
This is how the Athletic Career Token concept was born - on Bitcoin Cash & SLP platforms. And when we did it & evaluated the first results, we saw an enormous potential based on the simplicity, transparency of the concept which is easy to implement & maintain.
Contributors become co-owners, and more
The Athletic Career Token concept is perfect in its simplicity. It is based on 4 principles:
Every contributor receives a number of tokens representing a part of an Athlete's Sports Career. Proceeds from the Athlete performance, including prize money, advertising & endorsement deals are distributed among token holders according to the agreed schedule & structure;
Token buyers (contributors) funds are staked on blockchain - so any token owner, at any given time, can verify how many funds are secured on the token project's wallets;
Staking profits are the major source of financing for athlete preparation & travels. This way, contributors' core funds attracted during token sales are unchanged or increasing (from compounding and/or adding a part of prize money received). Any given time they serve as a guarantee of token's value;
Any token can be bought, sold, or exchange, at market price, reflecting a player's performance and expectations, amount of funds staked etc.
As a result, we turn supporters and fans into co-owners of a player's athletic career, and a player into a sustainable and transparent sports & crypto project.
Why it can (and will) change the sports
The legacy sports management model excluded (as much as it can) both athlete & especially their fans from the process of developing a player's career.
To get funded, an athlete should accept a sports company offer. With that market being highly monopolized, rejecting it or even trading around, could bring significant risks to stay with empty pockets (and every athlete is afraid of it, as coaches, travels, equipment should be paid weekly).
Tokenization turns the situation around for the better side - now sports monopolies are not necessary, so a talented athlete can develop their career & directly reward its supportive crowd by re-distributing part of prize money to the token owners.
We disrupt - because we can
We expect this idea to be ignored by legacy sports businesses.
Partly, because they do not see it as an incoming threat - just like BTC maxis do not see Bitcoin Cash is coming to eat their lunch :-).
Partly, because they see, fear & do not want Athletic Career Tokens to become reality. For them, we have a big surprise ready - at least two promising female tennis players are ready to issue their own ACTs if Oleksandra's attempt proves its viability.
One ACT will show the pathway. Ten ACTs will create a brand new market and disrupt the whole sports industry.
How to support
Learn more about the world-first Athletic Career Token - OLI Token:
http://olicrypto.com/
http://olicrypto.com/olicrypto/
http://olicrypto.com/how-it-works/
Subscribe to OLI Tokens during the 2nd stage of pre-sale:
http://olicrypto.com/pre-sale-started/
(25 and 26 April only - token price is reduced to 0.002 BCH)
Contribute directly to OLI Reserve:
bitcoincash:qz7nfpetspuhf356t0u99uuvgl299w2kfgnveafv2d
(this won't bring you OLI tokens but helps the project to start on 1 May 2021 as scheduled).
Join our Telegram group to ask your questions & become a part of what we are doing:
https://t.me/olicrypto_public
Tip this article:
All tips from the article will be committed to OLI Reserve pool.
Portugal!!! :D Portuguese over here, so I've got to shout in every page with the nation's name on it... unspoken rule. Truly well done and good luck!