Blockchain
Tokenchampions launches the first investment fund created to acquire and manage the image rights of tomorrow’s top football talents
Starting on December 9, security tokens from the Tokenchampions investment fund will be available for purchase in Europe. Its main objective is to facilitate access to participation in the football business not only by major investors, but also by anyone who wishes to invest in this exciting area.
Tokenchampions is the first investment fund created for the acquisition and management of international football players’ image rights. Participation in the investment fund is carried out through security tokens, based on blockchain technology, which is reliable and secure.
The fund’s assets are represented by contracts for the image rights of international football stars selected by a team of experts with extensive experience in the sector, headed by Josep Maria Minguella, a players agent historically linked to FC Barcelona and globally renowned for his ability to discover and develop talents like Maradona, Messi, Stoichkov and Guardiola, among others.
CEO Carlos Salas states that “Tokenchampions democratizes the football business by combining the latest technology with an unrivalled experience in the management of sports talent, and thanks to financial strength allowing all football fans to participate, regardless of whether they are small or large investors.”
How are Tokenchampions security tokens acquired?
The process is very simple: going to www.tokenchampions.com, all one has to do is fill out a registration form and answer a few simple questions to comply with all the security protocols established by European regulations for financial products.
After completing the registration as a qualified investor, any football fan can buy security tokens online, the minimum investment being €100 (50 tokens). For investments of over €10,000, and institutional investors, the process requires additional verifications, though they are always managed electronically.
How does it work?
Each token is worth €2, and any investor can participate, with the minimum investment set at €100. The first issuance is limited to 15 million tokens, with a total value of 30 million euros.
In this first issuance of tokens, a distribution formula is applied with a 5% annual return as an advance on the percentage of the fund’s future returns, which will be distributed to investors at the end of the tokens’ maturity period, which will be 5 years.
In addition to their appreciation, pegged to the increase in the value of the Fund’s assets, the tokens may also increase in value depending on the supply and demand dynamics generated by the secondary market.
In these transactions, interoperability between chain systems enables markets and exchanges to increase their liquidity. For this, the Tokenchampions Billboard is an intermediary-free trading platform that renders investment flexible, as it gives investors a convenient way to sell their tokens before the end of the maturity period.
Blockchain technology: a safe bet
Tokenchampions (TKCH) is a Security Token, a totally different concept from that of a Utility Token or a Cryptocurrency. It is the electronic representation of an investment contract in the Tokenchampions Fund. This contract offers specific terms and conditions with maximum security, efficiency and flexibility for investors.
How will the fund appreciate?
Cumulative experience in recent decades has made it possible to develop the Tokenchampions Methodology, which allows for optimal identification of each player’s personal profile. Using this profile, a unique strategy is created, specially designed to increase the value of the player’s image over the course of his career, taking into account the needs of the market and each player’s aspirations, preferences and personal needs.
Minguella explained: “If we add the use of blockchain technology to the knowledge amassed over all these years of experience with players, we are in a position to tackle the challenges posed by the future of football business management with a greater likelihood of success.”
According to a report from CoinTelegraph, nearly forty percent of institutional investors in Canada have exposure to cryptocurrency, as revealed by KPMG. This finding underscores the growing acceptance and adoption of digital assets among institutional investors in the country.
The report indicates that a significant portion of institutional investors in Canada are actively investing in or exploring opportunities in the cryptocurrency market. This trend reflects a shift in sentiment towards digital assets, with more investors recognizing the potential for long-term growth and diversification offered by cryptocurrencies.
KPMG’s findings highlight the increasing mainstream acceptance of cryptocurrencies among traditional investors, as well as the growing interest in blockchain technology and its potential applications across various industries. As institutional investors continue to enter the cryptocurrency market, they are expected to bring additional capital and liquidity, further fueling the growth and maturation of the digital asset ecosystem.
Overall, KPMG’s report signals a significant milestone in the adoption of cryptocurrencies in Canada, indicating that institutional investors are increasingly recognizing the value proposition of digital assets and integrating them into their investment portfolios. This trend is likely to accelerate the broader adoption and mainstream acceptance of cryptocurrencies in the country and beyond.
Source: cointelegraph.com
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Blockchain
BounceBit (BB) Megadrop Now Open: Participate by Subscribing to BNB Locked Products or Completing Web3 Quests
The BounceBit (BB) Megadrop is now open for participation, as announced by Blockchain.News. This event presents an exciting opportunity for users to earn BB tokens by engaging in various activities, including subscribing to BNB locked products and completing Web3 quests.
Participants can join the BB Megadrop by subscribing to BNB locked products or completing Web3 quests, both of which offer different avenues for earning BB tokens. By participating in these activities, users have the chance to accumulate BB tokens and potentially benefit from the rewards associated with the Megadrop.
Subscribing to BNB locked products allows users to earn BB tokens by locking their BNB assets for a specified period. This not only provides users with an opportunity to earn rewards but also contributes to the liquidity and stability of the BounceBit ecosystem.
Additionally, completing Web3 quests offers users an alternative way to earn BB tokens by engaging in various tasks and challenges related to Web3 technology. These quests provide users with a fun and interactive way to learn about blockchain and cryptocurrency while earning rewards in the form of BB tokens.
Overall, the BB Megadrop presents an exciting opportunity for users to participate in the BounceBit ecosystem and earn rewards by engaging in activities that contribute to the growth and development of the platform. As the Megadrop progresses, participants can look forward to additional opportunities to earn BB tokens and potentially benefit from the rewards associated with this event.
Source: blockchain.news
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Cronos, a prominent blockchain platform, has announced a collaboration with KYVE aimed at revolutionizing blockchain data, as reported by CryptoNewsZ. This partnership represents a significant step forward in enhancing the efficiency and scalability of blockchain data storage and retrieval.
The collaboration between Cronos and KYVE seeks to leverage KYVE’s decentralized data storage and retrieval solution to enhance the capabilities of the Cronos blockchain platform. By integrating KYVE’s technology, Cronos aims to address the challenges associated with storing and accessing large volumes of data on the blockchain, such as scalability and cost-effectiveness.
KYVE’s decentralized data storage solution utilizes a network of distributed nodes to store and retrieve data, ensuring high availability and reliability. This approach not only improves the efficiency of data storage and retrieval but also enhances the security and resilience of the blockchain network.
The partnership between Cronos and KYVE is expected to unlock new possibilities for decentralized applications (dApps) and smart contracts built on the Cronos platform. By providing a more efficient and scalable solution for blockchain data management, Cronos aims to attract developers and enterprises seeking to leverage blockchain technology for a wide range of applications.
Overall, the collaboration between Cronos and KYVE represents a significant development in the blockchain industry, highlighting the importance of innovation and collaboration in driving the evolution of decentralized technologies. As the partnership progresses, it is poised to deliver transformative benefits for blockchain data management and accelerate the adoption of decentralized applications and services.
Source: cryptonewsz.com
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