Whitepaper Explaining How the More Competitive and Productive Environment
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FOR SOCCER OVERVIEW 1.1 ABSTRACT 1.4 ABOUT US 2.1 NUMBERS Cryptocurrencies technology was truly born when a Olé Sports is a Brazilian startup that seeks the integration Soccer is a worldwide sport whose industry has been The total amount of these transactions exceeds R$ 900 person or group of people using the pseudonym Satoshi of new technologies with soccer, seeking to create a fairer, gaining in value. The challenges in competitions are million. Brazil is the largest exporter of new football players Nakamoto published a Whitepaper explaining how the more competitive and productive environment. Formed by increasing, marketing campaigns pervade social media in the world followed by Argentina and France. system would work It reached a long awaited solution for advertisers, computer engineers and lawyers, it has close- and transactions are increasing in amount invested. Market size of professional football in Europe 2006-2016 the double spend problem, since digital currencies existed ly followed blockchain development worldwide. We are Soccer is the most widely supported sport in the world Market size of the European professional football market from 2006/07 to before but anyone could duplicate their funds and make passionate for soccer and we have been presenting our shared by people from everywhere. The soccer industry 2015/16 (in billion euros) data “fake money” at will. The blockchain technology brought solution in a passionate way in events, pitches, startups generates millions of dollars in revenue. In the first half of 30 more than just cryptocurrencies, it brought a mean of safe- roundtables and Olé Sports was select as one of 20 finalist 2019 world soccer alone made 518 player negotiations, a 24.6 25 21.8 guard data and value in way never possible before. Also between 700 competitors. The pitch presentation hap- total turnover of £582 million. According to the Annual 21.3 19.9 made possible create decentralized trustable economies pened in the Future Blockchain Summit 2019 in Dubai. Review of Football Finance 2018, produced by Deloit- 20 19.4 16.9 16.3 15.7 14.6 where everyone can take part of without a central authority te/UK in the 2016/2017 seasons, Premier League clubs 15 13.6 with a shared governance. This whitepaper carefully ex- 1.5 PURPOSE handled more than £1.6 billion which represented a 20% Revenue (in billion euros) plains how blockchain technology can be used to innovate Use new technologies to creating a soccer’s scenario of growth over the previous year. FIFA has published through 10 the soccer industry and its transaction dynamics world- high perfomance and equality. the Global Transfer Market Report that in 2018 the market 5 wide. Soccer and Blockchain in the same team. Mainly moved over $7 billion, a 10.3% increase over 2017. 0 how everyone whose might to be involved can enjoy reli- 1.6 EXPERIENCE 2006/07 2007/08 2008/09 2009/10 2010/11 2011/12 2012/13 2013/14 2014/15 2015/16 Note: Europe; 2006/07 to 2015/16 able blockchain technology. Olecoin aim to bring excellence to our project, and to £22.8 billion is the sum of the value of the players of the Further information regarding this statistic can be found on page 62. Source: Deloitte ID 261223 achieve this goal we formed the best working team with 100 largest football clubs in the world. Combining the 1.2 OUR HISTORY large experience in the field. Our team collect expertise in tangible assets of these clubs and bank account As a company we united a team of people concerned in various necessary aspects of soccer economy and tech- values totaled £11.1 billion. 2.2 EXPECTATIONS X REALITY the well-being and the advancement of the soccer envi- nology to turn the project into an absolute success of per- Despite those huge numbers in the professional soccer ronment management and evolution through the technolo- formance, not only promises. We are experienced in devel- Finally, combining the income of club owners/investors, environment, around the world, considering the youngster gy since middle of 2017 when the cryptocurrency technol- opment of world projects in the sport industry, organiza- the number is £ 928 billion. The owners are divided by who are dreaming to becoming the next soccer player, ogy became evident with the boom of Bitcoin and other tion of friendly matches between national soccer teams, Europe (28%), Americas (28%), Asia (21%), Africa (1%) only 1.5% will reach the professional level. The difficulties Altcoins (alternative cryptocurrencies to Bitcoin). Since international soccer player’s transfers, athlete coaching, and 21% for member owned programs. Considering the are extended by the inexistent of free selection process then we have been validating the ideas with research and marketing, communication, sales, sports management, 30 largest football clubs in the world the value of the play- (promoted by private companies) which increases the lack adjustments to what we have become now. But that is just financial management, soccer digital marketing influence, ers is £ 14.3 billion, being; United Kingdom (10 clubs), of opportunity to show their game style to the clubs. Cor- the beginning, we aim to bring technology closer to the blockchain and much more. Spain (4 clubs), Germany (4 clubs), USA (3 clubs), France ruption also triggers a psychological problem in the minds public, to the athletes and to the sport environment so we (3 clubs), Italy (3 clubs) (1 club). More than $7 billion dollars of potential talents who do not even get tested for injustice all can benefit from it the best way possible, along with fur- 1.7 MISSION traded in 14,000 soccer players transfers just in the last fear. ther evolution of the process and the technology. European window (2018). Added to this, new talents face low security in their com- Foster the soccer revolution by implementing new munities and financial difficulties, and the challenges technologies. 1.3 VISION CBF's Registration, Transfer and Licensing Board sur- increase if they do not make deals with middle-mans. So Our vision is also our mission and will be working very hard Discover new talents in a transparent and equal way. veyed the partial data of the trading windows that involve any possibility of connection to a club is very low. Another to achieve it. Our mission is to encourage young soccer Brazilian clubs. Summing up in the last window between big challenge for world soccer is the number of players players around the world to pursue their dreams and get Strenghten social projects that works with football arrivals and departures, 330 players were included in oper- who are left in the market without a contract and with very involved in the whole sport environment. as a tool of transforming society. ations, with 58 involving amounts. low visibility, out of the radar of football clubs, because(...) 2. OLECOIN / INTRODUCTION https://www.olesports.io https://www.olesports.io 3. MARKET OVERVIEW PRODUCT These include the following: 3.1 WHY OLECOIN they do not play regularly, they are not being seen by tradi- ;PJRL[ZHSLZMVYNHTLZ̸ Currently, assets are circulated through intermediaries a professional. In addition to training costs, young players tional media. ;OLWYVK\J[PVUVMVMMPJPHSJS\ITLYJOHUKPZL under the control of regulatory agencies. On the one side face barriers like entrepreneur’s eager for profit, lack of ̸;OLZHSLVMZWVY[ZNVVKZPUVMMPJPHSVY[OPYKWHY[`ZOVWZ are consumers and the goods and services providers. On psychological preparedness, family structure, pressure for the other side are the banks, card operators, and regula- results and scarce opportunities. The lack of financial In Brazil, from every 3000 young players ̸-HUHZZVJPH[PVUZHUKTLTILYZOPWZ tors. Within the traditional payments systems, the involve- incentives means that many players will never be able to who´s entering a selection process just 25 will ̸;LHTZWVUZVYZ ment of card operators and banks make transactions ex- pursue their dreams. To those who get there, after so advance to the next stage in the clubs. ̸(K]LYZPUN̸ pensive and unnecessarily slow, decreasing providers’ much effort, face another challenge! According to figures ̸4HPU[LUHUJLZLY]PJLZ[VJS\IZHUK[OLPYZ[HKP\TZ 2.3 PRESENT SPORTS ECOSYSTEM profits. Therefore, the existence of these intermediaries released by the Brazilian Football Confederation (CBF) in ;V\YPZT makes the system inefficient. 2016: 82.40% of the country's 28203 professional players Stadiums are architectural delights, home of passionate ̸:VJJLYWSH`LYZIVU\ZLZHUKZHSHYPLZ earn up to THOUSAND REAL SALARY PER MONTH. supporters who do not take their eyes off the field. Broad- ̸;OPYKWHY[`L]LU[ZPUZ[HKP\TZ Banks have been reporting earnings, and one item not get- casts are gaining quality and becoming more dynamic, ting enough attention is a rapidly growing line item called But for bank deposit accounts, the sky is the limit on fees. striving to include viewers in the game. Nevertheless, the 2.4 TARGET MARKET “noninterest income,” which is a boring term for fees that What to do? Shop around, to begin with. Bankrate.com many innovations, problems still remain. Many soccer If just 1.5% of the youngster are reaching the professional banks charge their customers, both businesses and con- found that 38 percent of banks offer non-interest bearing players have left the market because they didn’t receive career, it means that we have a very large untouched sumers. It’s a business that’s growing like mad: for some checking accounts with no monthly fees or balance the necessary financial support and investors have suf- market. What inspires us? Looking to the best football large regional banks, it’s already close to 40 percent of requirements.