Kargai Posted March 23, 2018 #1 Posted March 23, 2018 BoutsPro is a new karate organization who want to professionalize the sport by using blockchain technology. For the founders of BoutsPro the actual state of Karate organizing and governance is fragmented and disjointed, and in need of “significant changes” if there is to be any chance of turning more athletes professional and growing the sport in the future. Blockchain could help them all by allowing to operate on one single platform for payments and fund management. The blockchain will be build on Ethereum which will bring new investors in the sport too. Plus they launched an ICO (end is the 25th March) to buy a token name BOUTS. It will serve as a utility token that creates greater value for karate athletes and their craft. For example karate practitioners will have access to upcoming tournaments and training lessons for an annual fee. In the future, BoutsPro wants to provide insurance to athletes via the platform. They will also provide a marketplace for selling event and tournament tickets. They'll be a channel for sponsors to connect with event organizers and athletes, opening up another source of revenue. And they will provide have advertising space for additional revenue. Source : https://thenextweb.com/cryptocurrency/2018/03/21/this-karate-organization-wants-to-professionalize-the-sport-using-blockchain/ It's fun to see how you can use the blockchain in something that most of us had never think of, Karate and Blockchain are ... 2 very differents markets, but some found a common point. What do you think about it ?
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