By the end of 2017, the global sports-market is expected to generate revenue of approximately 91 billion U.S. dollars. That same year, revenue from the sports merchandising market in North America is expected to reach 14.2 billion U.S. dollars. The statistics depict the revenue generated in the global sports market from 2005 to 2017.
The initial set-off of the platform will be through a crowd sale dashboard accessible via www.globatalent.io offering 500,000,000 out of roughly 850,000,000 initial GLOBA Tokens (GBT). GBTs will be distributed in two crowd sales;(1) a private pre-sale (2) followed by a primary crowd sale. 350,000,000 GBT will be excluded from the crowd sales which is described below in the “GBT RESERVE” section after the initial 850,000,000 GLOBA tokens are created.
- Private Pre-Sale
40% of the total crowd sale will be offered to a private accredited investors with a 30% discount through SAFT Agreement (Simple Agreement for Future Tokens).
The private pre-sale will be open from April 16th 2018, to May 18th, 2018.
Only Accredited Investors will be able to purchase GBTs in this sale, by signing a SAFT Agreement.
GBTs offered: maximum 200.000.000 GBTs = $22.000.000 USD = 0.11$/GBT
- Primary Crowd Sale (Public)
- The following discounts will be offered: (a) purchases from May 21st to May 23rd, 2018 = 18% bonus discount, (b) purchases from May 24th to May 27th, 2018 = 10% bonus discount, and © purchases from May 28th to May 31st, 2018 = 0% bonus discount. The sale will be open from [*]. Subject to change that would be announced before the ICO
— GBTs offered: maximum 300.000.000 GBTs = $39.000.000 USD = 0.13$/GBT
Token Distribution
We want to be part of creating a decentralized world. GBT distribution will be supported initially by the co-founders and the advisors, athletes and sports institutions, that will be involved from the beginning, like some clubs, athletes, etc.
GGT Reserve
20% by Co-founders*.
7% by Advisors
7% by the Reserve Fund
5% by the Partnership signing bonuses
3% by Promotional Bounty
Crowd Sale
58% by Portfolio
Total fund: $61.000.000 USD
Token Distribution
Roadmap
For more information you can visit:
Website: http://www.sapien.network/
Twitter: https://twitter.com/sapien_network
Facebook: https://www.facebook.com/sapien.network
Whitepaper: https://www.sapien.network/assets/SPNv1_1.pdf
Authored by Lelvin: https://bitcointalk.org/index.php?action=profile;u=1275173