 | SportVESTICO SportVEST is a blockchain based Venture Capital fund exclusively investing in sports and creating a new asset class. IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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OpenWhat 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.
DetailsToken supply: 70,400,000Soft cap: 6,500,000USD (fiat) Hard cap: 60,500,000 USD(fiat) LegalRegistration country: United States | Token infoTicker: SVEType: Utility-token Token price in USD: 1 SVE = 1.1 USD Accepted currencies: ETH BTC 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 |
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