The SportX ecosystem is a breath of fresh air in the way things are done in the sports industry. It is a great opportunity to solve some of the challenges that has continued to plague the sporting industry for years. Its innovative system promises to be very rewarding for players, fans, clubs and sports agencies in a number of ways.

It is no news that there has been a recent increase in the amount of money being plunged into the sporting world. Players are now signing lucrative deals with agents being able to negotiate huge sums as agent fees. Despite the amount of money that sporting agencies earn from negotiating player deals, there is still a great deal of challenge in getting major deals through the line and stress of scouting for players to represent.

How Exactly Can The SportX Ecosystem Help Sport Agencies?

Fan Operating Channels: the SportX ecosystem platform helps players and their sport agencies to establish a fan operating channel that is effective in the establishment of a player index system that is based on market consensus via transactions in the secondary market. Through this way, sports agencies can easily select the players on the SportX platform to launch ITO projects. By issuing player tokens that corresponds, sports agencies are able to establish a fan operation community that is effective for players, there is also the organization of offline and online community activities and selling of player’s rights and related goods.

the SportX ecosystem platform helps players and their sport agencies to establish a fan operating channel that is effective in the establishment of a player index system that is based on market consensus via transactions in the secondary market. Through this way, sports agencies can easily select the players on the SportX platform to launch ITO projects. By issuing player tokens that corresponds, sports agencies are able to establish a fan operation community that is effective for players, there is also the organization of offline and online community activities and selling of player’s rights and related goods. Easy Purchase and Payments: player portrait rights can also be payed for with the Players Token Offering raised assets. Including image packaging, training improvement and much more. Issuing of player tokens or sports agency financing on platforms that is based on special projects which makes it possible for capital-limited sports agencies to be able to achieve rapid growth and expand their clients’ careers.

Using an instance from football, FIFA started its rules amendment from May 2015, eliminating restrictions on contractual period between players and intermediaries which was 2 years in times past, with the rule change helping sports agencies to change the verbal agreement of the long-term cooperation in implementing the written contract. On that note, sports agencies with contracts on the long term are able to have a substantial guarantee in the future performance.

Third-party Services: sports agencies will also be able to act as third-party service providers in order to participate in other Players Token Offering projects, especially projects on crowdfunding that is initiated by fan community. Players Token Offering also gives fans a chance to own the brokerage of a player’s contract in a crowdfunding form, while contract negotiations are handled by third-party agencies under legal compliance.

A huge number of agents become less important in the decentralized industrial chain. However, the agents are hugely significant as the most direct two-way bridge that is between fans/equity consumers and players. Sport agencies will reserve the sole right to maximize players value through leverage, whether as a financial consultant, career planners, personal assistant, or trainers.