Topic: [ANN][ICO] AVAI Token - first ICO by a professional football (soccer) club - page 19. (Read 2988 times)

Crowdsale Management and Organization:

SportyCO and BlackBridge


can someone explain in details who are they?

30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).


could you explain admin is this good or bad?

Financials of Avaí
Financial results of Avaí are available in the Annual Reports at http://www.avai.com.br /novo/patrimonio/balanco-patrimonial/. The results for the last few years (in BRL – Brazilian Real and in USD (as per the exchange rate of 10 September 2018) may be summarized as follows:

Apart from 2015, which presented a fairly atypical result, it is established that, when Avaí plays in the Série A, the nancial result is far more favourable. The budget gap between playing Série A and Série B explains part of this phenomenon. When playing in the Série A, a clubs budget more than doubles in relation to Série B. 

This shows the importance for Avaí to become a stable member of Série A, and not be constantly moving between the two leagues. But playing in Série A does not by itself solve the nancial decit issues. It is necessary for Avaí to achieve a considerable increase of its incomes.

Additionally the division of TV Rights in Brazil is very unfair and unfavourable to clubs who are not ranked at the top. During the years Avaí played in Série A, on average, the club was entitled to 10% of the budget, when compared to the best paid clubs in Série A. TV rights represents a share of 50% to 65% of the annual budget for Avaí.
 
CBF and TV Globo, the holder of TV rights in Brazilian Football, have managed to create more clear rules on the division of the rights, to be implemented from 2019 onwards. If Avaí is able to increase its presence in Série A, especially pushing for a top 10, it will be very positive for the club sportively and, as a consequence, nancially.

transparency is important

with blockchain will that be 100%

Brasil’s Avaí becomes first football club to launch its own cryptocurrency

bravissimo

Partnered with blockchain technology specialists SportyCo and football investment specialist Blackbridge Sports, the Avaí FC Token will go on sale October 3 priced $1 with the sale period lasting for a month.

“Our goal is to raise $20.46 million US dollars, with a minimum cap of 8 million dollars. A maximum of 20.46 million tokens (93%) valued at $1 will be available for purchase in the Crowdsale. A maximum of 1,540,000 AVAI Tokens (7%) will be retained by Avai FC,” said the club.

Working with SportyCo, the club will develop an online ecosystem for earning and spending the AVAI token. Marko Filej, SportyCo’s co-founder, said: “With this initial coin offering we are opening a new chapter in football and the sports industry in general…in the beginning token holders will be able to purchase merchandise, tickets and unique experiences with the token. In the future this will be upgraded.”

The token will be listed on several cryptocurrency exchanges for those who buy the token for trading. However, should the trading value of the AVAI token drop the club said it “will always provide a valuable experience or service for token holders wishing to participate.”

For Avaí the attraction of the crypocurrency is to raise new money that will support the club’s promotion push to Brazil’s top tier Série A, provide financial stability and contribute to the goal of qualification for the Copa Libertadores.

Francisco José Battistotti, President of Avaí Futebol Clube, said: “With our ICO, we are actively targeting a global football fan base, while engaging all Avaí FC in Florianópolis and Brazil, working together towards our goal – to become a stable member of Brazil’s Série A and qualify for the Copa Libertadores. We are delighted to do so in partnership with SportyCo and be the first sports company to do an initial coin offering, paving the way for other clubs all over the world to approach financing their sporting activities in this novel way.”

Presale starts in almost exactly 5 days - be sure to complete your KYC beforehand!

https://sportyco.net/campaign/18a29117-30ed-4ecf-92aa-f4ead032d8fc

It means when the tokens are used on the platform. For example, when a user purchases merchandise, tickets or special experiences.

 I don't quite get the 3rd part ? redeemed/exchanged ?

1) You will have direct access to the AVAI TokenStore (merchandise), the AVAI Token Tickets (match tickets) and the AVAI Token Special Experiences (being present at half time talks / dinner with players etc)

2) You will in a way become a supporter of Avai FC football club and try to help them become a regular and hopefully dominant football team in Campeonato Brasileiro Série A. If Avai FC is able to buy new players, upgrade their facilities and as a result become a stable team in the Série A, naturally their match-day revenues (tickets) will increase as will the demand for Avai FC merchandise (shirts etc) + the special AVAI experiences. This is a basic overview of the supply/demand factor within the AVAI token ecosystem. In other words, the more successful Avai FC becomes the more demand there will be for the AVAI token as their fanbase increases.

3) 30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burn't on a quarterly basis.

could you tell me top3 facts why should i buy AVAI tokens?

benefits in long term the most?

thank you

Targeted Use of Funds Collected
Avaí will use the collected funds in the AVAI Token Crowdsale in the following targeted way: ss- 50% (fty percent): Will be directed to investments on the infrastructure of the Club and its ssstraining facilities, such as: ss- Building new housing facilities for the youth academy (U15, U17 and U20); ss- Investments to improve the training facilities (building new dress rooms, shelters, stands, sssvideo capture platform, pitch grass replacement). ss- Building facilities for Avaí E-sports Team, such as a new gaming house. ss- 25% (twenty ve percent): Directed to achieve a nancial health balance. ss- 25% (twenty ve percent): Investment on the squad improvement, with aims to secure the ssspromotion and the consolidation as a stable member of Brazil’s Série A.

President: Francisco José Battistotti 
Vice-President:  Amaro Lúcio da Silva

Business of Football and International Relations:  Bruno Comicholi 
Special Projects for Fundraising:  Marcelo Bastos Petrelli 

Special Projects:  Amaro Lúcio da Silva
Social Action, Community and Philanthropy:  Nesi Brina Furlani 
Legal Department:  Sandro Barreto 

Communication:  Carlos Alberto Ferreira
Financial Manager:  Cláudio Merlin

Accounting Manager:  Sandra Mara de Jesus
Logistics and Infrastructure Manager:  Ivonira Ivone da Costa

Marketing Manager:  Thiago Pravatto
Communication Manager:  Carlos Alberto Ferreira 

I like that part from whitepaper

30% of all AVAI Tokens that will be redeemed/exchanged on the Platform (either through AVAITokenStore, the AVAITokenTickets or the AVAITokenSpecialExperience) will be burned on the Ethereum blockchain on a quarterly basis, i.e. on or around 1 April, 1 July, 1 October and 1 January of each year, for previous quarter (that ends each time on 31 March, 30 June, 30 September and 31 December).

10 days till epic crowdsale

https://avaifc.io/#about


KYC now  and be happy later 

wonder which willl be the irst basketball club huh sporty

There have been no official announcements so far regarding exchange listings for the AVAI token.

a) There is an exclusive presale with a minimum of 100% bonus for anyone who wishes to contribute in SPF via the https://SportyCo.net platform
b) The normal website for the crowdsale is https://avaifc.io

Hope that clears things up for you 

SPECIAL BONUS: AVAI Token presale mechanics on SportyCo.net

When announcing the Avaí FC Token Crowdsale, we’ve also announced a special presale for all SPF Token holders.

Let’s dig a bit more into the details of the presale and special deal we have prepared for SPF Token holders.

The AVAI Token presale will be set up as a campaign on SportyCo.net, and will run from September 29, 2018, 12:00 UTC till October 2, 2018, 12:00 UTC. Don’t forget to go through the KYC process on the platform in the week ahead (in fact you can already start your KYC process) – you won’t be able to participate if you’re not verified!

In the presale a total of up to 400,000 AVAI Tokens will be available, at the valuation of $1 US dollar per AVAI Token (same as in the token crowdsale starting on October 3, 12:00 UTC). This means we will be collecting $400,000 US dollars in SPF Tokens (which is at the time of writing this blog post approximately 30% of the SPF Token Market Cap). There will be no way to participate in the presale with other cryptocurrencies or fiat.

The exchange rate between the SPF Token and AVAI Token will be set 3 days before the start of the presale (on September 26, 2018, at 12:00 UTC) and will be calculated as follows:

At the set date and time we will look at the average market price of 1 SPF Token on exchanges, while we will check the price officially published on https://etherscan.io/token/0x85089389c14bd9c77fc2b8f0c3d1dc3363bf06ef.
This price will then be multiplied by at least a factor of two (2);
The price with this bonus included will be the base price used to set the exchange rate against AVAI Token (which value is predetermined at USD 1).
To put it into (hypothetical) numbers: if the market price of 1 SPF Token (on September 26, 2018, at 12:00 UTC) will be $0.05, the price will be multiplied by at least a factor of two (2). Thereby we will get the base exchange price of USD 0.1, which will mean you will have to pay 10 SPF Tokens for 1 AVAI Token (or to put it into other words, you will in fact pay 0.5 USD (in SPF Tokens) to get 1 AVAI Token valued at USD 1. Therefore participants in the presale will get at least a 100% bonus.

The presale will end when all 400,000 AVAI Tokens are sold or the deadline of the presale ends – whichever comes first. Participants will receive their AVAI Tokens no later than at the end of the AVAI Token Crowdsale.

All SPF tokens collected in the AVAI Token presale will be burned after the successful completion of the AVAI Token Crowdsale. In the above hypothetical case 4,000,000 SPF Tokens would be burned (400,000 x 10 SPF Tokens).

If the AVAI Token Crowdsale does not reach the soft cap of at least 8,000,000 AVAI Tokens being sold, participants in the presale will receive their SPF Tokens back to their wallets and the AVAI Tokens will not be distributed.

Need more information? Join us on Telegram to discuss both SportyCo and the Avaí FC Token Crowdsale – and, of course, the presale.


https://news.sportyco.io/2018/09/19/special-bonus-avai-token-presale-mechanics-on-sportyco-net/?utm_source=telegram&utm_medium=tele_post&utm_campaign=blog_avai_token_presale

is this true .. so we already know the first exchange that AVAI tokens will be trading on ?

 Phase 2
Avaí reserves the right to perform AVAI Token Crowdsale Phase 2 if the following conditions (the “Conditions”) are cumulatively met:
   - Avaí promoted to Campeonato Brasileiro Série A; and   - will nish in any of the following 5 seasons at place 10 or higher in Campeonato Brasileiro          s    Série A.
If the Conditions are met Avaí reserves the right to issue an additional amount of AVAI Tokens, up to 22,000,000 AVAI Tokens (the Max Supply of AVAI Tokens will thus never exceed
 44,000,000) that will be available for purchase in the Crowdsale Phase 2. The Price of one (1) AVAI Token in Phase 2 and other conditions of the Crowdsale Phase 2 will be set subsequently.
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interesting