SportVEST logo

SportVEST

Status
ICO

SportVEST is a blockchain based Venture Capital fund exclusively investing in sports and creating a new asset class.

SportVEST White Paper Whitepaper

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Interest lvl
NA
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User Rating
Medium
3/5 1 votes
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Ticker
SVE
Type
Utility-token
Registration countryUnited States

What is SportVEST

SportVEST is a sports blockchain Venture Capital Fund. SportVEST's mission is to empower a broader audience with improved VC measurement tools while bringing liquidity to investments in the sports sector so it is at the SVE Token holders discretion to decide the optimal time to take profits. Through the use of blockchain technology, SportVEST captures the value of its sports Fund using a SVE Token that is publicly tradable. The values of the Portfolio Companies who constitute the Fund are continuously assessed based on an innovative approach utilizing token micro-sales “Power Law Sales” providing SportVEST with a stream of market value based estimates, along with SportVEST Brand Equity Algorithms and NAV measurements to provide a basis for the most accurate valuation of these Portfolio Companies.

Token Allocation

Total Token Supply 70,400,000

Funding Details

Soft Cap 6,500,000USD (fiat)
Hard Cap 60,500,000 USD(fiat)

Token distribution


45.8% - Total Token-Sale Supply
26.9% - Employees & Advisors
13.3% - Reserve Fund
12.8% - Bonuses
1.1% - Angel Investors

Funds allocation


78% - SportVEST Venture Fund
10% - Operational/Token-Sale Expenses
5% - SportVEST Foundation
4% - Bonus Pool
1.65% - Legal, Compliance & Regulation
1.65% - Tech Development

Token Price and Payment Options

Token price USD 1 SVE = 1.1 USD
Accepted Currencies ETH BTC

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