After launching its flagship fan tokens platform, Sportzchain, a thought leader in the blockchain-based fan interaction business, has taken innovative steps in the Indian Non-Fungible Token (NFT) ecosystem. The company has already released the Alpha version of its decentralised web application, and it is currently working hard to release the Beta version by the end of August. Fans of sports can register by clicking here and take part in ongoing votes for the partner team of sportzchain.
The Sportzchain fan tokens platform’s Alpha phase allows users to engage in polls for various teams and express their opinions by voting. Lucky participants will also be eligible to win an iPhone, Shop the Arena gift cards, and other prizes in addition to platform benefits.
For the first time in Indian sports history, fans have the ability to vote and affect club decisions thanks to Sportzchain’s fan engagement platform. A binding/non-binding vote will be held for two Kabaddi teams and one cricket team. Fans now have the ability to have their say on a variety of sporting-related matters, including the jerseys worn during team practises.
Sportzchain’s idea, a first for the nation, offers supporters a workable polling platform to ensure their participation in a team’s upward trajectory. During the upcoming seasons, the relevant teams will put these polls’ binding/non-binding results into practise.
Fan tokens and the blockchain-based fan engagement platform are very different from Twitter polls for the uninitiated. Twitter polls may affect decisions made outside of teams. In contrast, fan interaction platforms enabled by blockchain enable sports fans to participate and directly influence team decisions, while the blockchain component adds legitimacy and responsibility. Sportzchain has already signed up and set up official fan clubs for the Kabaddi and Cricket teams to encourage fan participation in this historic endeavour. More of these fan clubs will join in the coming days.
The founder and CEO of Sportzchain, Siddharth Jaiswal, stated, “We are excited to finally debut our flagship decentralised web platform that will allow sports fans to directly influence a team. The first time a platform has allowed fans to invest in a tokenized membership of the team, also known as fan tokens, and vote to affect that team’s athletic decisions like training shirt design, playing schedules, etc. is in the Indian sports arena. All sports fans are invited to take part in this historic endeavour to change the trajectory of the development of their favourite clubs and athletes through collective effort. We currently have three polls planned, but as time goes on, we’ll add more and encourage more fan participation. We’ll soon introduce fan tokens so that supporters can join this tokenized membership of their favourite teams’ sporting decisions and share in the profits.
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