Topic: [ANN][ICO] AVAI Token - first ICO by a professional football (soccer) club (Read 3000 times)

Too bad.

How much was raised?

Did you consider carrying on with the tokens despite not reaching the soft cap?

I think it's a waste of finances to call it off but ... you know better. I guess

CROWDSALE ENDED
Soft Cap of 8,000,000 AVAI Tokens being sold was not reached. In accordance with the White Paper now the process of returning the invested funds will start. We will contact the investors individually in due time. In case you have any questions please contact us at [email protected].

CROWDSALE ENDED
Soft Cap of 8,000,000 AVAI Tokens being sold was not reached. In accordance with the White Paper now the process of returning the invested funds will start. We will contact the investors individually in due time. In case you have any questions please contact us at [email protected].

Too bad, even though the concept is very good for helping the community and supporters of AVAI FC,
but I don't think their support is very lacking, it is a pity

Agreed with you this sounds really bad it is legit project and this was big opportunity to invest in big soccer club. Anyway this is part of the journey but it was good effort maybe due to bad market conditions big investors are still in doubts I hope in future they will get better response with this concept.

Too bad, even though the concept is very good for helping the community and supporters of AVAI FC,
but I don't think their support is very lacking, it is a pity

CROWDSALE ENDED
Soft Cap of 8,000,000 AVAI Tokens being sold was not reached. In accordance with the White Paper now the process of returning the invested funds will start. We will contact the investors individually in due time. In case you have any questions please contact us at [email protected].

Awesome that things are moving forward in the sports industry. Did sportyco also invest in avai like a sponsor or?

What happens to project if not reached softcap?

We are announcing a major partnership with SportyCo and Blackbridge Sports: The first Initial Coin Offering (ICO) in the history of football. Fans all over the world will be able to invest in Avaí FC vision and journey. Avaí FC will run a crowdsale campaign with the single goal of combating the financial hurdles, and aiming to become a financially stable and permanent member of Campeonato Brasileiro Série A with the goal to enter the Copa Libertadores.

Hows the crowdsale?

Avaí FC will write history this summer – as the first professional football club using blockchain technology to achieve our next goal: playing again in the Campeonato Brasileiro Série A and qualifying for the Copa Libertadores

CROWDSALE ENDS ON 5. NOVEMBER AT 12:00 UTC

03
DAYS

1791293.76 AVAI TOKENS DISTRIBUTED UNTIL NOW

so we have only 3 days now available?

Avai FC Partners with SportyCo – Announces $20 Million Cryptocurrency ICO

Avaí Football Club to come up with its own cryptocurrency with complete Initial Coin Offering (ICO).

Brazil’s Avaí Football Club to follow the French soccer giant Paris Saint-Germain football club (PSG).   It is to be recollected that the French soccer giant Paris Saint-Germain football club (PSG) recently announced their own cryptocurrency with complete initial coin offering.

Avaí FC partnered with Sporty Co, a sports investment ecosystem.  Blackbridge, the blockchain based football investment firm will be raising funds from across the world via its ICO. The goal of the firm is to raise $20 million in sale.

The cryptocurrency of Avai will be a new utility token.  This is called the Avaí FC Token.  This has been specifically designed for the use of the football club.  Fans from all parts of the world will be a part of this new journey.

Avaí FC Token focuses on updating itself with the latest trends and technology; thereby, becoming a very interactive club for its society.

Avai is the first soccer team to officially launch its digital token across the world.  This move will bridge the gap between the Fintech Industry and the grassroot sport by making use of blockchain technology.

The quoted financial value for the Avaí FC Token will be exchanged in Ether/
Etherum.  The public offering of the newly created crypto currencies in ICOs will be paid using Ethereum.  This will eventually help the company raise funds for the execution of its projects, from around the world.

This kind of cryptocurrency investment is different from the widely prevalent crowd funding process.  In a crowd funding process, the products and services are offered in fiduciary currencies like dollar and real.

If the Initial Coin Offering should be done in a serious manner, the company should come up with a good business plan, which is known as the white paper.  The blockchain is presented to the concerned public.  The numbers of tokens will be issued publicly.  A plan detailing how the resource will be utilized should also be presented.  The schedule of how the project will be executed should as well be taken into consideration.

The Utility Tokens that will be issued as a part of the Avai FC project will work a lot similar to a discount coupon or voucher.  The token will have a predefined initial value.  When all the stages of execution take place as described in the White Paper, the value can be freely negotiated by the possessor with other stakeholders.

SportyCo and Blackbridge Sports are the official partners who will be providing for the “Avaí Futebol Clube”, right from the stage of creating a technological infrastructure of the blockchain that will be linked to the Club’s marketing through the acquisition of participants during the collective offer period of the currency ( ICO).

MORE ON: https://thecurrencyanalytics.com/2700/avai-fc-partners-with-sportyco-announces-20-million-cryptocurrency-ico/