Platform Improvement: SportsPie 1.0

• Improvements to the existing Football Pie platform

Since the launch of the Sports Pie app as part of the construction of the Sports Pie 1.0 platform, we have accumulated comprehensive operational know-how, including development and management. Currently, the application boasts approximately 100,000 downloads and a real membership of 40,000. Based on this experience, know-how, and recognition, the newly launched Sports Pie 2.0 platform will provide a stable service that is not limited to those who actually participate in sports, but is accessible to anyone, and can be expanded to various sports categories.

Most importantly, we plan to introduce an innovative blockchain reward system that surpasses the existing point system. With a non-replicable verification system, we will be able to establish a more transparent and fair participation reward mechanism.

Furthermore, Sports Pie is planning to expand into the Southeast Asian market, starting with Indonesia, and eventually aim for the global market. This move into the region is expected to broaden the platform's influence and market scope. These new platform development strategies will play a crucial role in inducing continuous participation and interest from users, increasing Sports Pie's market share, and strengthening brand recognition.

• Limitations of the Point System

Many platforms have adopted point systems as a means to reward user activity. However, points can expire after a certain period or become inaccessible if users fail to achieve certain benefits levels. This can lead to users not settling into the platform and leaving shortly after joining, negatively impacting the platform's ecosystem.

• Evolving into a Token-Friendly Platform

The newly introduced Sports Pie 2.0 embraces the Web3 ecosystem, adding a token economy to the point system to encourage active and vibrant user participation.

The platform provides a platform token as a reward for activities within the application, offering users not just a monetary function but also new experiences like token swaps, staking, and using Defi exchanges.