ABOUT FAXPORT
Faxport is a sports business service and funding platform. Faxport will use decentralized, unchangeable distributed ledger technology to improve security and mutual trust, while also reducing abuse and building trust systems for the global sports industry. As such, we provide a platform for participants with user experience based on trust and security.
MARKET ANALYSIS
GLOBAL SPORT MARKET SCALE
The global sports industry is recognized as the industry that lives the most in the 21st century, it is also very fluid, intersecting, driving, and has great potential.
Over the past decade, the global sports industry has created an average of 5% per year, higher than global GDP growth, which is close to 2.5% per year and is predicted to be one of the world's four global industries. From a global perspective, in a region-in a strong sports country: North America, Western Europe, and Japan and Korea, the industry has evolved and become an industry pillar. Data show that in 2017, global production value
the sports industry is approaching US $ 200 million per year. This includes competitive sports, sports venues, operator venues, intermediaries, and traditional sports media. With a very diverse range, the market scale is huge.
Distributed along each stage of the sports industry industrial chain are sporting equipment providers and comprehensive sporting providers wo have become core participants, their co-ordination gradually helps improve and develop the sports industry ecosystem.
GOAL OF FAXPORT
- Reestablish a relationship of trust:
Lack of trust has caused many problems that disrupt sports and has led to participants, including industry employees and sports sportsmen, distancing themselves from the sports ecosystem. This latent danger has reversed the core value system in which sports, sports, and industry must be grounded. Faxport will use decentralized, unchangeable distributed ledger technology to improve security and mutual trust, while also reducing abuse and building trust systems for the global sports industry. Thereby providing a platform for participants with user experience based on trust and security.
- Build a global interconnection communication network platform for sports practitioners:
As the sport globalizes at an accelerating pace, the contact between those involved in the global sports industry grows together. Data from across the sports industry across Europe showed that only 12% of employees expressed a lack of interest in truly new job opportunities. Based on blockchain, Faxport has created "LinkedIn" for the sports vertical industry. Using blockchain technology to address core issues such as resolving data accumulation, privacy security, data forgery, providing the true identity and resources for sporting industry talent involved in networking and recruitment environments, improving the overall operating efficiency of the industry, while also bringing the global sports industry talent together, creating a networking platform for global sports talent,
- Speed up mobility in global business fax business business:
Is to create a sports business service platform based on a new trust mechanism, which not only really showcases its corporate brand and promotions but also releases an overall increase in its brand value, leading to worldwide brand promotion. And thus in contact with a real international voice. It is a leading industry, in line with capital trends, and influencing governments. It clearly understands that the growing trend of the sports industry means actively and easily traversing regional barriers, bringing together high quality resources of each participant together, and thus facilitating effective collaboration. Faxport hopes to rebuild the sports version of Kickstarter, providing financing, incubation and acceleration services. As an investor, you can also invest directly and fund any sports program in the world through crypto currency. Faxport will accelerate the product and service cycles, linking together with stakeholders in the global online sports business, as well as the flexibility of the global sports business.
- Lowering economic costs:
Benefiting from implementing Faxport's artificial intelligence agreement, platform participants can easily verify the credentials and identities of others when engaged in communications and transactions on the Faxport platform, thereby enhancing transparency, efficiency and security of transactions in various ways. This greatly reduces operating costs, achieves effective coordination, optimized resource allocation and also lowers overall economic costs.
PRODUCTS TURNED
One of the products already launched by the "FAXPORT" platform is the Partnership in China with Kuaitiyu during the first half of 2017, resulting in a close alliance, while also jointly involved in China's largest sports trade database operation.
In addition there are features in FAX GO PRODUCTS from the Faxport Platform that Fexport is selected Through community voting, smart contracting and other blockchain technologies, sports autonomous community investments and crowdfunding platforms are built. Users support the subject including but not limited to athletes, events, start-up projects and other products in the community by using their own ballots.
4 SUPERIOR FACILITIES IN FAXPORT:
- Sports Venture Capital
Startup companies are raising project funds in FAX GO for company operations and business expansion, and bringing back to investors.
- Crowdfunding Sports Equipment
Sport equipment manufacturers can raise R & D and pre-sales funds for their new products on FAX GO
- Crowdfunding event
Athletes and sports lovers can release crowdfunding on FAX GO for small events.
- Crowdfunding Athlete
Young athletes can spend money for their personal growth in FAX GO for higher development.
REGARD Faxport MECHANISM
Comes with a complete reward mechanism. This mechanism is based on the intelligent Ethereum contract, which ensures that they are open, fair, trustworthy and workable. For example, when a user contributes data, a gift contract will be executed, and returns a certain amount of FX credits as a reward. In addition, users can use FX to purchase VIP services such as in-depth reports, business networks, talent recruitment from within the platform.
TOKEN AND CREDIT
FAS AND FX Value:
Tokens issued by Faxport are based on the Ethereum Erc20 standard and have FAS transaction codes. FAS may be used, in addition to legal tender, to purchase FX credit in Faxport (FX1 credit score is set at US $ 0.1), enabling further purchase of all types of service products on the platform. There is a 15% discount for using FAS for purchase compared to a valid tender. The FAS value will increase with the increasing number of users and clients of the Faxport platform, with increasing transaction prices on the market transaction segment in tandem. In addition, there will be a 15% dividend for FAS holders quarterly based on transaction service fees on the Faxport platform.
Use of FX:
Reference data.
Data review.
Contribution data.
Use of FAC ENVIRONMENT:
Users get a FAS either at the ICO stage or during the transaction stage during the next transaction. FAS can also be redeemed with the corresponding FX amount on the Faxport website according to current market value. Example: If the market value of FAS is US $ 1, then 1 FAS = 10 FX; if the market value is US $ 10, then 1 FAS = 100 FX. Faxport users can use FX acquisition of different behaviors on the platform or FX previously stored, to drag and swap to FAS. Funds are withdrawn to the third part of the transaction being operated.
SKALA INDUSTRI DAN LAYANAN OLAHRAGA GLOBAL
GROWTH
The sports services industry is located at the heart of the sports industry. It mainly provides sports and work services products to influence the growth rate of the entire sports industry. The growth rate of the sports services industry always serves as one of the main indicators of the maturity of a country's sports industry. The major sports services market products include sports industry talent, capital, technology, intangible assets, information, and intellectual property. The sports services industry is relatively mature in North American and Western European economies, comprising 80% gross output value of the entire sports industry. There is also a field in the emerging global sports industry like China. This is an area that shows explosive and sustainable expansion and growth.
FAS ENVIRONMENTAL USE
The user obtains FAS either at the ICO stage or during the transaction stage during the next transaction. FAS can also be redeemed with the corresponding FX amount on the Faxport website based on current market value.
Example: If the market value of FAS is US $ 1, then 1 FAS = 10 FX; if the market value is US $ 10, then 1 FAS = 100 FX.
Faxport users can use FX acquisition of different behaviors on the platform or FX previously stored, to drag and swap to FAS. Funds are transferred to transactions operated by the third section.
GROWTH TRAJECTORY
November 2016: The Faxport project team is set up
February 2017: Faxport beta operational
May 2017: Database covering 40000 projects and companies established
August 2017: Faxport enters into a partnership with the Chinese firm Kuaitiyu (no
blockchain solutions proposal/)
November 2017: Media, recruitment and user system completed
February 2018: Faxport reached a co-operative intent in Japan
March 2018: FAS Pre Sale
April 2018: FAS formally launched
June 2018: Faxport officially engages in work in Japan
Q3 2018: Reward systems for recruitment, investment and financing, and users are
completed atop the blockchain product
Q4 2018: Entry into the Korean, Hong Kong, and Taiwanese markets; FAX GO demo
launch
Q1 2019: Blockchain product 2.0 finished.
Q2 2019: Launch data analysis for corporations, as well as internal management
and operations systems (Web and mobile clients)
2019: Entry into the North American and European markets
TOKEN SALES
Total Supply 200,000,000 FAS
Soft Cap 18,000,000 FAS
Pre Sale Target 40,000,000 FAS
Token Sale Target 50,000,000 FAS
The ETH / FAS exchange rate will be set on March 30 (Initial Sale Day) and April 25 (Crowdsale day). 1 FAS ≈ 0.15 USD. By law, US and Chinese citizens can not be used in the sale of tokens. Faxport can adjust FAS exchange rates if BTC or ETH prices are too many.
Distribution and distribution of FAS tokens
20% - initial booking period
25% - Formal sales period
15% - Orders
15% - Stakeholders Consultants & Partners
22% - Budget ecosystem Fax
3% - Marketing reserves
Distribution of funds
15% - Operating costs
15% - Affiliate network
5% - Reserve fund
35% - Research and development
30% - Sales and marketing
The ETH / FAS exchange rate will be reset on March 30 (Initial Sale Day) and April 25 (Crowdsale day). 1 FAS ≈ 0.15 USD. According to law, US and Chinese citizens and residents are not permitted to participate in the Sale of Tokens. Faxport can adjust FAS exchange rates if BTC or ETH prices fluctuate too much.
TEAM AND FAXPORT ADVISOR
The core team now has 16 members involved in the research and development of this project, mainly in Hong Kong, but also in mainland China, Tokyo, Europe and North America. At the same time, we are recruiting more market and business partners and engineers in blockchain technology to make Faxport faster and better. It is expected that the number of teams will increase to 40 within the next six months.
CONCLUSION
Faxport recognizes its duty as promoting efficiency and mobility across the global sports business market. In addition, as a global holding company, Faxport Holdings Limited also needs to establish a high-quality business model to ensure smooth operation. Supports normal operation projects, as well as providing basic stability for FAS values.
What should be mentioned is that this white paper primarily describes the characteristics of the Faxport platform, rather than the business strategy document of the company as it does not guarantee that there will be no change in direction or change in its model in its future development.
Because of this, it has not been described in detail of its acceptance model, currently only describes confirmed aspects.
In other words, Faxport will generate revenue in two different ways. Part of the service transaction will consist of service charges. There will also be membership fees for critical users and clients.
PLEASE JOIN FAXPORT, FOR MORE INFORMATION YOU CAN VISIT LINKS BELOW:
Website: https://faxport.io/
Whitepaper: https://faxport.io/static/Faxport%20Whitepaper%20EN.pdf
Telegram link: https://t.me/Faxportglobal
Facebook page: https://www.facebook.com/Faxport_Global-150461205635116
Twitter profile: https://twitter.com/Faxport_EN
Github link: https://github.com/faxport
DIAH PERMATASARI
profile: https://bitcointalk.org/index.php?action=profile;u=926623
ETH address: 0x7c4ef6d5C88D06D8BD6C0c5d4df1bD0C13496f32
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