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BlocSide will develop the infrastructure to facilitate football-related transactions using MVP Tokens on a blockchain platform.
MVP Tokens will be issued by BlocSide Sports Limited, an ownership conglomerate of professional football clubs, on the Ethereum blockchain.
BlocSide aims to license the proprietary BlocSide Platform software to global professional football teams.
BlocSide will consider clubs with valuations from €8-20 million. BlocSide has found, on average, that clubs within the identified target markets fall within this range.
MVP provides reduced facilitation and cross currency fees on transactions executed between BlocSide and consumers (reducing fees 2-3%).
BlocSide consumers will utilize the platform for team merchandise sales— with exclusive items released solely on the platform.
The Tokens will be priced at $0.17 with a minimum purchase amount of 300 MVP. Tokens can be purchased with ETH via blocside.io. All tokens will be transferred to purchasers’ wallets at once during the token distribution .
The BlocSide Platform will not redeem Tokens for fiat or digital currency.
|ICO start date||30 Mar 2018|
|ICO end date||30 Apr 2018|
|ICO token supply||123,529,411|
|Registration Country||United Kingdom|
|Additional Token Emission||No|
60% sold in the token sale
15% allocated to BlocSide founders, employees, and advisors
15% BlocSide reserve for further company development and needs
8% reserved for token sale bonuses
2% allocated for marketing, legal, and other miscellaneous fees
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