Faxport

Faxport: Standardizing The Sport Industry


Decentralized platforms are developing at such a rapid rate and covering all possible industries in order to sort out the problems or shortcomings they face in their current way of functioning so how could it be possible that sports industry went unnoticed by the blockchain enthusiasts and entrepreneurs. The sports industry is really vast as there are more types of sports in the world than any single person could possibly count. The business behind the sports industry accounts for some huge statistics and the pack full of opportunities it comes with is almost endless. But still there are inefficiencies there which are not being completely taken care by existing companies and start-ups which result in lost opportunities for sport enthusiasts and different kind of job seekers in the sports industry.
Faxport, the saviour
Faxport is a platform built over the blockchain which focuses towards providing more trust and security to the global sports industry. Faxport has also taken into account the underprivileged sports enthusiasts and the sports start-ups so that they may not face financial difficulties in their path of growth. Through their product Fax Go, they user will be able to initiate crowd-funding campaign on the blockchain itself where people may come in support of the described sportsperson or start-up in order to help them grow with their small contributions which I feel is a great initiative on the company's part. The use of Faxport is widespread from providing the sports equipment manufacturers an opportunity to raise funds for their research and development purposes to letting athletes and sports lovers to organise small events after raising funds from the platform.
Today there is no such platform that connects only sports related people to one another so Faxport also focuses to do so and bring together like minded people so that they may easily socialize with each other which in turn could give rise to new possibilities for everyone. Faxport doesn't only sound like a good business idea but also a great platform that works towards social causes for an all round development.
Now we all know that sports industry is a huge hub for jobs of unending varieties and via the Faxport platform, employers can look forward to finding potential jobseekers, This solves a big problem for both the finders and the seekers. Diverging a little from providing benefits to sports players and businesses, Faxport will also be storing the global sports data such as industry, supply, venue information etc. into its records in order to build up a database that could surpass the doubtfulness and build trust within the connected people.
The Team
The team of Faxport consists of 16 core team members with two co-founders, Li Xiaocheng and Huang Zhijin. They both have experienced hands and minds in the field of entrepreneurship, sports industry and also the blockchain. They both lead a team of highly experienced technical professionals and also have experienced people working in the managerial sector of the company.
Investing opportunities
The FAS coins have been already released through the pre-ICO sale. The pre-ICO started on 30th of March and will be continuing for the next 4 days before closing on 18th of April. You can buy 3613 FAS coins by investing 1 Ethereum during the pre-ICO period. After the close of pre-ICO sale, the ICO will start from 25th of April which will be divided into 3 phases where the number of FAS coins per Ethereum will keep reducing after each phase. During the first phase (25th to 29th Apr), 1ETH will give you 3462 FAS while during the 2nd phase (30th Apr to 9th May) 1ETH will equal 3312 FAS. In the last phase that will continue till 24th May, you'll be eligible for 3161 FAS per Ethereum. They have also specified a minimum investment of 0.1ETH.
A final word
Faxport is something new that the blockchain gets to see and the features it provides is something new that the sports industry will get to see. It does show a good amount of calibre to bring the desired change in the sports industry by reforming certain ways in which things have been done till date. The experience they have gathered in the team has lead them to be very clear about the idea as to what they are doing and the place where they are heading and this will surely act as a plus point for Faxport.
Author  : Satria99
 My Profile : https://bitcointalk.org/index.php?action=profile;u=1940293;sa=forumProfile
 ETH : 0x95263fDb033E049Fb739fF09a7f08C4e6D934081

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