Definition of Core Technology
Sports Pie NFTs
The Sports Pie platform aims to sustain its ecosystem by selling NFTs usable for platform services to both organizational members, including sports academies, clubs, and groups, and individual users. Organizational members who purchase the platform-issued NFTs will be registered as official certified organizations, and these organizations can then distribute NFTs to their registered members.
Each NFT will feature a symbol (logo) representing the organization along with a randomly generated QR code, assigning one unique code per member. Members owning an NFT will enjoy exclusive benefits within the platform, differentiating them from non-owners.
Moreover, individual usage records on the platform, such as participation in group programs/events, group evaluations, organizing team matching games, participating in matches, posting articles, and commenting, will be kept in a personal database. Rewards will be given in the form of social tokens for these activities.
[Utilizing Sports Pie NFT for Digital Athlete Profiles]
The Sports Pie NFT can act as a certification and accreditation for training, participation, and awards, through the accumulation of records simply by consistently using the platform services. This can then be utilized as a digital athlete profile, enhancing the value of an individual as an amateur or professional athlete. The continually updated activity information is authenticated through an individual's non-fungible token (NFT) which cannot be altered, and then added. The platform will differentiate service scopes and provide achievement criteria for each category, offering various contents such as academy benefits, professional lessons, and one-on-one coaching services.
Moreover, based on match and activity records for each sport, MVPs will be selected according to criteria set by the foundation, and tournaments will be organized. The application may also feature live broadcasts of matches. Winning teams will be encouraged to participate in the community by being awarded SportsPie NFTs, badges, tokens, and more.
Pie Token
PIE serves as the core token of the Sports Pie platform, enabling the purchase of NFTs issued by Sports Pie, and can also be used to participate in decision-making processes on specific agenda items within the platform. Furthermore, it is intended for use in platform-based advertising such as banner and video ads, sponsorship of competitions organized by Sports Pie, and support sponsorship for organizations registered as certified entities on the SportsPie platform.
Social Tokens
The Sports Pie platform will issue a social token exclusive for use within the platform, enabling it as a means to access services provided by the platform and to acquire tokens. Initially, the social token will serve a role in facilitating social interactions within the Sports Pie platform and be used for corresponding reward incentives.
Users can earn social tokens through activities such as group registration, personal data submission, uploading and sharing various media content, registering and completing team matches, consultation registration, commenting, and providing feedback.
The social token is designed to enhance user interaction and promote activity within the platform. Moreover, users can donate to charities in agreement with the Sports Pie Foundation using social tokens. Additionally, users have the option to swap their social tokens for PIE tokens, based on a rate adjusted for PIE token price fluctuations within the Sports Pie platform.
Social tokens contribute to forming an economic ecosystem within the SportsPie platform through various means such as accumulation or burning.
[The Advantages of Social Tokens Over Traditional Point Rewards]
Social tokens, unlike traditional point rewards, are tokens recorded on a blockchain contract, ensuring that all transaction histories are immutable and cannot be altered or deleted. Moreover, being insulated from price volatility allows for a stable platform ecosystem, enabling a broader scope of active utilization.
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