The SportX token is a token that is used for purchases and other transactions on the blockchain technology. The SportX token is used in the SportX ecosystem blockchain technology. It is a kind of token that is encrypted and is issued by the platform for the subscription to different types of player tokens. It can be used to identify project development resources by early investors or as an incentive to SportX ecosystem contributors.

SportX tokens is the currency in which transactions are done on the blockchain technology. It is a revolutionary way in terms of how things are done in sports negotiations and financial dealings. Which SportX tokens, clubs, players and fans will be able to finance a number of activities on the SportX Ecosystem blockchain technology.

Here are some of the uses of the Sport tokens

· Player Purchase: With the token, clubs will be able to source for players to to acquire on the transfer market including their potentials and the value of the players. Players who are no longer needed by the club can also be put up for sale on the blockchain technology. Clubs will also be able to make all their financial dealings without much trouble. The sport tokens makes that possible.

· Portrait Rights: Player portrait rights can 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.

· Fans participation: Fans can also participate directly in player tokens issue projects and buy tokens on the SportX Ecosystem or do tokens secondary market trading through the SportX trading platform. In the initial offering, the subscription for player tokens must be paid in the SOX, the official token of the SportX Blockchain, and the token report initiated by the project owner is also paid in the SOX.

When a player token is held by fans via a subscription or a secondary market transaction, the player’s rights which corresponds to the token are also obtained, including getting the derivative to be authorized by the player, the opportunity for interaction with the player, the player’s signature/item and many more. Fans are also able to participate in the crowdfunding that is started by clubs, players and sports agencies via SOX. Crowdfunding projects can also be designated by the players for goals that are sport-related and for asset-raising purposes such as player training, upgrading of equipment, traveling costs to participate in competition, the entry fees, cost of buying a personal contract, fees for signing a player, and so on.

· Initiating Players Token Offering: Clubs are also able to generate Players Token Offering on the SportX platform. This is in order to acquire money for the training of young players. In the project’s early stages, younger players’ future signing, training income and the solidarity mechanisms compensation from football governing body can be used to do token repurchase in support of the price of the currency.

There is no doubt that the SportX tokens is a very important element in the the SportX ecosystem blockchain technology. The simplicity and ease it brings to sports transaction is simply unprecedented in the history of sports.