There has been a recent surge in the influx of heavy financing in the sporting world. From Basketball to football, financial record breaking is the new normal. Lucrative TV deals, stadium sponsorship deals, shirt deals, the list goes on. In football, we watched on as Paris Saint German shelled an astronomical $222 million to acquire the services of Brazilian superstar and national team captain, Neymar.

Challenges in The Sports Industry

With the huge amount of money going around, it is disappointing to find that the fans do not benefit from it.

Apart from financial gains, sport fans are also interested in becoming more involved in the games. The recent increase in the number of fantasy league players shows just how much sport fans wish to be involved.

These days, players no longer trust that their agents have their best interest at heart. This has led them into hiring family members as agents. A move that has proved to be very detrimental to some of them. An example is Argentine superstar, Lionel Messi, who is being represented by his father. His father’s lack of competence caused him to be sued to court on the grounds of invading tax.

SportX Ecosystem To The Rescue

Up until now, the feasibility of solving these challenges seemed unrealistic, this is exactly where the SportX ecosystem come crashing in like a wrecking ball. The SportX ecosystem which is revolutionary in the sporting world will help to create an open, efficient and transparent ecosystem which recognize the fans and ip value.

Using the SportX ecosystem blockchain technology, the above mentioned problems will become a thing of the past. SportX Blockchain Ecosystem Platform is piloted by a group of elite tech genius, international sports agents marketing experts and lawyers. It focuses on breaking the prominent barriers in the sports industry via the use of Blockchain technology.

Here are some other changes that the SportX ecosystem will bring to the world of sport.

Transparency: the SportX blockchain ecosystem puts a stop to agents monopoly, allowing everyone to be able to participate. The transactions and transaction scales are visible so that the real values are visible.

the SportX blockchain ecosystem puts a stop to agents monopoly, allowing everyone to be able to participate. The transactions and transaction scales are visible so that the real values are visible. Credibility and Efficiency: it speeds up the rate of commercial value flow and displaces the stress of traditional execution review.

it speeds up the rate of commercial value flow and displaces the stress of traditional execution review. Abundant IP: This means an abundance of sports stars resources and club rights, quality level of market operation experience.

This means an abundance of sports stars resources and club rights, quality level of market operation experience. Decentralization: The is an effective keeping of all records bringing to an end the era of result forgery, falsified public relations including the total clean up of corrupt inherent centers.

The is an effective keeping of all records bringing to an end the era of result forgery, falsified public relations including the total clean up of corrupt inherent centers. Compliance and Professional: a credible team of international lawyers with vast experience and expertise in the area of sports in order to ensure all reasonable right of participants in the regulations and policies

a credible team of international lawyers with vast experience and expertise in the area of sports in order to ensure all reasonable right of participants in the regulations and policies Rich of Rights: SOX can be used to buy any type of souvenir, VIP box ordering, star fan meeting, charity tournaments for legendary players and many others rights.

The goal of the SportX ecosystem is to completely change the face of the traditional sporting ecosystem with its ground-breaking technology and a revolutionary system of transactions and dealings in the sporting world.