OVERVIEW:
Today I am going to take the retinue of block chain enthusiasts to an all-important discourse in the block chain space. It is apparent that sport represents a fundamental ingredient of all countries' economy. This is why it's referred to as global language which cut across all race, language, gender. Nothing less than a billion of the global populace derive satisfaction from the variety of sporting actions which take place across the globe.
Based on the findings obtained from the research data of statista; a global form for statistical analysis shows that the current scale of the sports market universally has a value of 90 billion and its expansion rate superseded that of the GDP expansion rate of every year with a continuous trend in anticipation of this scenario.
The sports industry had been regarded as an industry which has a major source of recreation and tension relieving industry as many tend to ease their tension. So many people have really made cool cash from the industry apart from being a player or an athlete
BRIEF DISCUSSION ON WITH SPORT BLOCK CHAIN MEDIUM
The WITH project is a project which backs up the expansion of the career of the sports players through the utilization of block chain innovation. The project helps in the provision of clubs with an optimum window for player scouting and as well share the information which was not initially available.
The WITH project starts the platform by involving in that services relating to football. This is because, amidst all other sporting activities, football has the largest growth rate and biggest scale. As time goes by, the project will integrate other sporting activities such as; basketball, baseball, cricket and other sports. It will also advance to rendering service related to individual events like; tennis, golf and so on.
CHALLENGES WHICH LED TO THE INTRODUCTION OF BLOCK CHAIN INNOVATION TO THE SPORT INDUSTRY
There are some problems which affect the sports industry especially the football aspect of the industry. Some of these flaws are identified as follows;
The Sports Market Polarization
One of the major reasons for the introduction of this platform is to deal with the problem of the global polarization of the sports industry.
The universal football market has found it very difficult to carry out smooth reallocation and also correctly evaluate the worth of countless footballers worldwide because of the lack of dependable information and medium while comparing it with the size of the market and its ripple effect.
The problems peculiar to player, athlete, clubs and fans are highlighted as;
- Athlete /footballer; in the football ecosystem and other athletes which are famous, there is a countless number of players /athletes which are unknown.
This set of people does not have access to sufficient opportunity as a result of the absence of network such as club and agent where they can locate an appropriate team.
When these ones have little connections with club or agent, they are denied of valuation that is reasonable because they don't have objective valuation indicators. - Club: The discoveries of athletes /footballers that have superb potentials are not always an easy task in the market because there is dearth in scouts.
When infamous athletes are discovered, there is always a level of uncertainty concerning his physical condition. This always affects their rate of transfer calculation which is based on the players /athlete potential.
Fan: There is a need for maximum support for the players or individual players and the basic need for the influence of the fans transfer is also supported by the fans. This is somehow not available.
THE FUNDAMENTAL SOLUTION OF PROJECT WITH
The WITH project has incorporated the solution in innovation tagged the project model and this model encompasses two methodologies which include;
The Block chain Model methodology is characterized by the reduction of the commission that is gotten from transactions and a dependable ability to take care of transactions. These are the preferred qualities that are needed.
This method allows the saving, uploading and sharing of amateur or semi-professional data. With this in place, teams can have access to player and vice verse.
SERVICE ARCHITECTURE MODEL
The methodology is made of three layers which include the application, database and the platform. All information available is shared on the platform, administered securely by the application (DApp) and are kept on the database.
All data suppliers receive ownership of their content and content management right. Whenever any third party access and contribute to the content, the owners are effectually compensated.
Are you an upcoming athlete or footballer and you are looking for the fastest way to gain recognition in the sports world then waste no further time in becoming With platform member.
PARTNERS:
The initiators of the With project knows the significance of the partnership, hence they have entered into far-eaching and strategic partnerships with key technical savvy establishments and institutions.”This has truly been instrumental to the height attained by the project
THE WITH TEAM:
The success of this revolutionary project lies greatly in the strategy operated by the vastly experienced team led by the mercurial CEO, Woongjang Lee. The team comprises of individuals with a pedigree in digital and other endeavours and to say they have been phenomenal is like asserting the obvious.
Website: https://www.projectwith.io/
Telegram: https://t.me/projectwith_eng/
Facebook: https://www.facebook.com/ProjectWITH
Medium: http://hhttps//medium.com/@projectWITH_official
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