Empowering 3 Billion Soccer Fans with Blockchain Technology and Smart Contracts
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Empowering 3 Billion Soccer Fans with Blockchain technology and Smart Contracts 433token.io IMPORTANT NOTICE This whitepaper is not endorsed by any government or regulatory authority. It is only available on www.433token.io for general information. It is the property of Soccer Legends Limited and it will be amended and updated from time to time when the company sees fit. It may not be distributed or passed on to any other person or published, in part or in whole, for any purpose, without the prior consent of Soccer Legends Limited. This whitepaper, in full or part, must not be taken or transmitted to any country where distribution or dissemination of this whitepaper is prohibited or restricted. Persons who access this whitepaper are required to observe any relevant legal or regulatory restrictions and seek all necessary professional advice. You agree to be bound by these requirements, by continue reading this whitepaper. You are NOT eligible and you are NOT to purchase any 433 tokens in the 433 Token Sale (as referred to in this Whitepaper) if you are a citizen, resident (tax or otherwise) or green card holder of the United States of America or a resident of the People’s Republic of China. Version: 1.1 Last edited: August 8th 2018 Table of Contents Disclaimer 3 Mission 4 Executive Summary 5 Vision 7 The Why. Why soccer can be improved? 8 • Number One Sports on Earth • Amazing Clubs • Centralized Power • Superstar Players • Youth Talents • Short Playing Career • Loyal Fans The How. How to improve Soccer? 10 The What. What 433 Tokens Do? 12 • Utility One: Sponsoring mentorship • Utility Two: Bidding on auctions • Utility Three: Voting on games The Who. Who are in the 433 Team? 16 • Principals • Core Members • Advisors The Who. Who will Benefit from the 433 Token Ecosystem? 20 • Fans • Youth Talents • Legends • Scouts • Clubs • Global Legends Series • Blockchain community • Cryptocurrency investors The When. When will 433 Token Ecosystem happens? 22 433 Token Offering and Tokenomics 23 • Token Sale • Allocation of Tokens • Distribution of Funds References 26 Empowering 3 Billion Soccer Fans 2 433token.iowith Blockchain technology and Smart Contracts Disclaimer Risk warning: There are risks and uncertainties associated with Soccer Legends Limited and/or the Distributor and their respective businesses and operations, the 433 Tokens, the 433 Initial Token Sale and the 433 Token Ecosystem. 433 Token Ecosystem involves and relates to the development and use of experimental platforms and technologies that may not come to fruition or achieve the objectives specified in this whitepaper. 433 Tokens do NOT represent shares, equity, units, royalties or rights to capital, income, profit or returns in the ecosystem or in Soccer Legends Limited or any other persons, legal entities or intellectual properties associated with the Ecosystem in any jurisdiction. 433 Tokens are not intended to represent a security or similar legal interest. No offer of regulated products: This whitepaper does not constitute an offer or solicitation of securities or any other regulated product, nor a promotion, invitation or solicitation for investment purposes. The terms of the purchase are not intended to be a financial service offering document or a prospectus. 433 tokens are not intended to constitute securities in any jurisdiction. 433 tokens are utility tokens and cannot have a performance or a particular value outside the 433 Token Ecosystem. Therefore this whitepaper cannot constitute a prospectus or offer document for investment in securities or any regulated product. No advice: This whitepaper does NOT constitute advice to purchase any 433 Tokens nor should it be relied upon in connection with, any contract or purchasing decision. You should consult your accountant, lawyer, tax professional and/or financial advisor as needed, prior to determining whether to purchase 433 Tokens. No guarantee: This whitepaper contains forward-looking statements that are based on the beliefs of Soccer Legends Limited, as well as assumptions made by and information available to Soccer Legends Limited. The project as envisaged in this whitepaper is under development and is being constantly updated, including but not limited to key governance and technical features. Accordingly, if and when the project is completed, it may differ significantly from the project set out in this whitepaper. No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects and nothing in this whitepaper is or should be relied upon as a promise or representation as to the future. Official Language: This whitepaper and related materials are issued in English only. Any translation is for reference purposes only and is not certified by Soccer Legends Limited or any other person. No assurance can be made as to the accuracy and completeness of any translations. If there is any inconsistency between a translation and the English version of this whitepaper, the English version prevails. No third party affiliation or endorsements: References in this whitepaper to specific companies and platforms are for illustrative purposes only. Other than Soccer Legends Limited, 433 Tokens, Global Legends Series and the advisors, the use of any company and/or platform names and trademarks does not imply any affiliation with, or endorsement by, any of those parties. Empowering 3 Billion Soccer Fans Empowering 3 Billion Soccer Fans 3 433token.iowith Blockchain technology and Smart Contracts 433token.iowith Blockchain technology and Smart Contracts Mission “I’m a firm believer in supporting youth development in football. I’m delighted to be part of this project and excited about hopefully helping the next generation of young footballers.” Paul Scholes By implementing Blockchain technology and Smart Contracts, 433 Token Ecosystem will bridge the gap between soccer superstars, youth talents and fans. By decentralizing, it aspires to make the most popular sport on Earth more transparent, efficient and democratic. Empowering 3 Billion Soccer Fans 4 433token.iowith Blockchain technology and Smart Contracts Executive Summary Soccer is by far the most popular sport in the world. As of June 2018, there are over 3 billion fans worldwide, more than 300,000 football clubs (professional and amateur) and 240 million active players. The twenty most valuable soccer clubs are worth a total of US$33.8 billion (all $ hereafter represents US Dollars), and they earn $8.56 billion revenue a year (up 74% and 40% respectively since 2013). Superstars are highly sought after and paid extremely well. In 2017 Paris Saint-Germain paid $263 million to acquire Neymar Jr. (transfer fee). And, Lionel Messi alone earned $84 million on salary and bonus, excluding endorsements in 2018. Yet, as popular as soccer is, there is always a gap between the superstars and the fans. There is never really any direct interaction. And the popularity of the sports has created many behemoth organizations, which have strong centralized power to dictate how soccer is played, and who are likely to succeed in the sports. We, at Soccer Legends Limited, not only love and play soccer, we are also firm believers of blockchain technology and Smart Contracts. The technology has brought about exciting new ways of thinking and working in many industries. The way it verifies and keeps data has enhanced transparency, security and scalability. In addition, the ability to deploy Smart Contracts on blockchain platforms has greatly improved trust among users, and made possible many innovative applications. Through 433 Token Ecosystem, we are determined to bring blockchain technology to soccer, making the sports more transparent and efficient, at the same time empowering soccer fans with capabilities they can only dream of before. In doing this for 3 billion people, we have faith that 433 Tokens will, in return, promote blockchain technology and its acceptance all over the world. Our passion in doing this has gained us the partnership of Global Legends Series (GLS), a league of retired soccer Legends. All these Legends are household names, who have played professionally at the highest levels (Premier League, La Liga, Serie-A...) and won many team championships and personal accolades (World Cup, Champions League…). Empowering 3 Billion Soccer Fans Empowering 3 Billion Soccer Fans 5 433token.iowith Blockchain technology and Smart Contracts 433token.iowith Blockchain technology and Smart Contracts Moreover, the way how the 433 Token Ecosystem will work, has won us the support of Mr. Paul Scholes and Mr. Andriy Shevchenko (names in alphabetical order). They do not only endorse the project, they will personally participate in the ecosystem. As they believe 433 Tokens will score a hat-trick with these 3 utilities: (1) Sponsoring • Fans can directly sponsor a Legend in mentoring a Youth Talent, by 433 Tokens. • Sponsors can closely follow the development of a superstar. (2) Bidding • Fans can bid for Special Events auctioned by a Legend. • Highest bidder can enjoy personal interaction with the Legend, e.g. a charity dinner, a soccer clinic or even a Legend-vs-Fans friendly game. (3) Voting • Fans can vote for the venue, rosters and even game format of upcoming GLS games. • Important decisions will be made by fans, not presidents, chairmen, or managers. As soccer fans of all ages can access 433 tokens, there will be NO betting and gambling utilities in the 433 Token Ecosystem. To have sufficient resources to develop the 433 Token Ecosystem,