Topic: [ANN][ICO] AVAI Token - first ICO by a professional football (soccer) club - page 5. (Read 2988 times)

Hi! 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 finish in any of the following 5 seasons at place 10 or higher in Campeonato Brasileiro Série A.

The 20 teams registered to play in the 2015 Série A season recorded their annual amount of
turnover: all clubs summed 3.6 billion Brazilian Reais, equivalent to $1.34 billion US Dollars.
Despite the financial macroeconomic crisis that Brazil was/is facing, the top teams were able
to increase their incomes by 26% in comparison with the 2014 season. (Época, 2016)
This means that Brazilian football was able to increase its nancials on a superior rate, in
comparison to the monetary devaluation.

This performance, against the current situation in
Brazil demonstrates the potential of football in this country. The explanation for this growth is
based on three factors: players, TV rights and the Fans. The international transfers, less
susceptible to the internal financial crisis, had an increase of 71% to income, in comparison
to the 2014 figures.

The TV rights, negotiated with Rede Globo represented an increase of
30%. The combination between memberships and match-days sales were responsible for an
increase of 24% in the same period. Another important (slow burning) factor is the
generation of marketing and commercial incomes, increasing by 9% in comparison with
2014.

Pie chart of all the tokens how they are going to separate them.

The Team
Crowdsale Management and Organization:

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

the team still the same or are there some changes ? Maybe some additions ?

B) 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 finish 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.

when does phase 2 come in ?

Hi! The crowdsale finishes on 5 November 2018, 13:00 UTC.

i like footbal

i like crypto

i like blockchain

i like paying with crypto

i like AVAI FC crowdsale

i hope we will see usage of tokens in real life soon

Like the basics:

WHAT IS THE ETHEREUM BLOCKCHAIN YOU PLAN TO USE?
The Ethereum blockchain is one of the blockchains available. Compared to the first (bitcoin blockchain) it enables the development of “smart contract” on top of it, which uses the underlying technology.

WHAT IS A SMART CONTRACT?
A smart contract is the programming code that creates the rules of how transactions of a certain property (like a token) are being processed on the blockchain.

WHAT IS AN ICO?
ICO is short for “Initial Coin Offering”. It’s a crowdsale during which organizers are selling cryptocurrency tokens (or coins - the terms are used interchangeably) in order to raise funds for a project.

HOW DOES A TOKEN CROWDSALE / ICO WORK?
Blockchain projects release their cryptocurrency to the general public via a crowdsale event. People who wish to use or donate to support a new crypto token participate in the crowdfund by sending funds to the project’s address. The tokens are created with a smart contract. At the end of the crowdfund period, each participant receives tokens corresponding to how much funds they donated. Contributors can participate with regular currencies or with cryptocurrencies - it depends on the rules set up when announcing the ICO.

WHAT IS A SOFT CAP AND HARD CAP?
A soft cap is the minimum amount of funds the crowdsale organizer wants to raise in the crowdsale. If the contributions don’t reach the soft cap during a predefined time period, the crowdsale is unsuccessful and the funds are returned to the contributor. Hard cap is the maximum amount that can be raised. A project can be set up without a soft cap (no minimum limit) or hard cap (no upper limit of funds raised), but as a general rule most token crowdsales have them, as relevant caps show that a project has a financial calculation behind it.

till when is the crowdsale ?

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).

Marko Filej, Co-Founder of SportyCo, expressed his pleasure to receive Avaí as a partner by stating. “We look forward to working with Avaí FC and see how they intend to launch their new digital currency with the SportyCo platform that has always been leading innovation in the world of sports finance and sportsmanship. With this initial money offer we are opening a new chapter in football and the sports industry in general.”

Nearly all of this is discussed in the whitepaper. Please take a read and let me know if you have any further questions:

https://avaifc.io/avai-whitepaper-en.pdf

You can find a lot of relevant articles here:

https://news.sportyco.io/2018/09/16/making-a-splash-in-world-media/

The AVAI token will have its own platform where tokens can be redeemed in the AVAI Token Store, AVAI Token Tickets and AVAI Token Special Experiences.

SPF price fixed for the AVAI Token presale – almost 10% of the SPF Total Supply may be burned
Only a couple of days left! 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. Get ready! And don’t forget to finish your KYC, while you’re at it.

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. As stated in our previous post, we have looked at the price at Etherscan.io at 12:00 UTC on September 26, 2018 and the price was almost $0.029. We’ve decided to give all participants in the presale at least a 100% bonus on the price. We’ll go a bit above that, even.

The price for 1 SPF token in the AVAI Token presale was fixed at $0.03! As promised we are multiplying this price by the factor of 2 and thus getting $0.06. As the price of 1 AVAI Token is predetermined at $1, this gives us the exchange rate of 16 SPF Tokens for 1 AVAI Token.

This makes the max cap of the AVAI Token presale campaign at 6,400,000 SPF Tokens. There’s no soft cap. Participants will receive their AVAI Tokens no later than at the end of the AVAI Token Crowdsale. 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.

All SPF tokens collected in the AVAI Token presale will be burned after the successful completion of the AVAI Token Crowdsale. This means that up to 6,400,000 of SPF Tokens may be burned in this single transaction.

https://news.sportyco.io/2018/09/26/spf-price-fixed-for-the-avai-token-presale-almost-10-of-the-spf-total-supply-may-be-burned/

AVAI is utility token and this will never change. No, Avai Fc will not share the profits of the club with AVAI token holders.

Yes, this is still correct

I think it needs to be explained more clearly about the steps that will be taken to realize the vision and mission of this project. It also needs to be explained about the allocation of funds collected. and it is also necessary to describe the roadmap and delevolpment of the project.

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.”

is it possible to get some new informations about press - where is afaifc crowdsale in world media? or crypto media?

thank you

So everything will go through www.sportyco.net  platform? 

or avaifc will have their own platform?


The Avaí Ecosystem is an integrated whole Platform that will offer AVAI Token holders special
discounts on merchandize, as well as seasonal and individual match tickets. Additionally, the
Platform will give access of the AVAI Token holders to special packages (special experiences),
that will only be available for AVAI Token holders.