vSportCoin Whitepaper

The fundamental problems of the world sports industry of today are:
1. The value of sports is being greatly undervalued in today’s commercial
environment, as there is no assessment system that can adequately measure the
potential of sports.
2. The sports industry’s benefit distribution is becoming extremely centralized
in favor of the top tier.
3. This era of fragmentation is bringing bigger and bigger challenges to sports
participation.

To solve these problems, Sports Value Foundation, (vSport), registered in
Singapore, is setting out to bring world-class blockchain developers, sports elites and
top finance experts together to build a public vSportChain. Then take that to the sports
industry to construct a new business ecosystem.

The vSport team and its partner organization, Sport 8 International, have many
years of experience in, and understanding of the difficulties of the sports industry. By
using blockchain technology, the Foundation intends to create a blockchain-based
sports value system. In charge of the issuance and management of the VSC token
(Sport Value Currency), vSport also aims to attract partners to join its on-chain
ecosystem, link and integrate all parties together within the vSport blockchain in order
to create a more efficient environment for the sports industry and assist it in
transitioning to the new blockchain era.To coincide with the FIFA World Cup 2018,
vSpor twill, first, bring sports fans into a user’s community and launch vSport Chain
1.0, which is based on Ethereum, and gradually build a new sports eco-system step by
step, as follows:

1. vSport v1.0 test run: public chain release based on the underlying blockchain
technology, VSC token issuance (Sports Value Chain), introduction of new
partners within the ecosystem, creation of new business models and
establishment of the vSport ecosystem

2. vSport v2.0 test run: introduction of the Sports Evaluation System (to appraise
the real value in circulation), creation of value blocks, forming a value chain:
incubating a series of applications to enhance the circulation of VSC; through a
series of events, creating value blocks and a value chain based on a series of
applications enabling value transfers, consolidation of the ecosystem, R&D,
completion of applications and migration of the user community to the chain.

3. Completion of the vSport ecosystem on-chain establishment, facilitating the
circulation and transfer of value within the sports industry, setting up a new
standard for the sports industry in the new blockchain era

vSportCoin Website
vSportCoin Whitepaper

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