Why Blockchain?
The integration of blockchain technology is a crucial element in the Sports Pie Project aimed at sports popularization. In the current industry environment, blockchain offers many strengths, particularly leveraging the characteristics of WEB3 to effectively encompass users who consume sports as culture. This approach provides specific benefits as follows:
Providing Fair and Trustworthy Sports Experiences
As the public continuously engages mentally and financially in watching or attending sports events, participating in games, and purchasing sports merchandise, they are often left vulnerable to illegal and fraudulent activities, leading to numerous cases of damage.
Smart contracts and outcomes generated by blockchain technology are accessible and verifiable by anyone, and cannot be manipulated or replicated. This can be used to ensure that all transactions related to sports tickets, advertising, and sponsorship payments are transparently recorded, reducing illegal activities.
In other words, blockchain technology provides users with a transparent and trustworthy platform experience. This encourages users to actively participate in sports content-related transactions and community activities. Every step of user participation is recorded and transparently managed on the blockchain, increasing user trust and platform loyalty.
Expanding Cultural Consumption through Integration with WEB3
WEB3, the next-generation internet based on blockchain technology, emphasizes personalized user experiences and data sovereignty. This means that blockchain technology can overcome the limitations of centralized systems, providing more stable and efficient services through a distributed network.
Consumers of sports content can go beyond merely watching games and play the roles of creators, evaluators, and sharers of content. This innovatively changes the creation, distribution, and consumption of sports content, contributing to the development of sports content as a medium that creates cultural value beyond mere entertainment.
Platform for Personal Growth
An individual's sports activities can be a unique sports experience and a driving force in life. Blockchain technology safely stores and continuously records personal sports data on the blockchain, serving as a foundation for growth.
Furthermore, users can create and sell digital assets (NFTs, tokens, etc.) based on their sports experiences. For instance, one's game highlights, training records, and strategic analyses can be converted into digital assets, used as certificates for submission to registered institutions, or as entries for special promotions.
The anonymity provided by blockchain technology creates a new culture of freely expressing and sharing unique experiences in the sports field. Storytizing and making personal experiences unique aids in self-realization, while connections through big data facilitate community formation. Additionally, these personal sports experiences offer monetization opportunities and create new value across the sports industry.
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