Sportzchain brings a first-of-its-kind fan tokens platform to India and launches the Alpha app

  • The application/platform will empower fans to influence their favorite/preferred team’s decisions through binding/non-binding polls. 
  • Lucky participants will have the opportunity to win prizes such as iPhones, Shop the Arena vouchers, and platform rewards upto $10

Post taking novel initiatives in the Indian Non-Fungible Token (NFT) ecosystem, Sportzchain, a thought-leader in the blockchain-based fan-engagement industry, has launched its flagship fan tokens platform. The brand has launched the Alpha phase of its decentralized web application and is now actively preparing to launch the Beta phase by August.

The Alpha phase of Sportzchain’s fan tokens platform allows them to participate in different team’s polls and voice their opinion by casting votes. Besides receiving platform rewards, lucky participants will have the opportunity to win an iPhone, Shop the Arena vouchers, and much more. 

Sportzchain’s fan engagement platform equips fans for the first time in the Indian sports arena with the power to vote and influence team decisions. This vote will be conducted under binding/non-binding polls for two Kabaddi and one Cricket team. From deciding jerseys for the team’s training sessions to several sporting-related elements, fans now have the power to make their opinions heard and implemented. 

We are thrilled to finally introduce our flagship decentralized web platform that will allow sports fans to influence a team directly. This is the first time in the Indian arena that a platform enables fans to invest in a tokenized membership of the group, AKA fan tokens, and vote to impact that team’s sporting decisions like training jersey design, playing schedules, etc. All sports fans are welcome to participate in this historical initiative to make a collaborative difference in the growth journey of their favorite teams and players. We plan to induct three polls, but with time this number will grow, and so will fan participation. Soon, we’ll launch fan tokens so that fans can join this tokenized membership of their favorite team sporting decision and partake in financial gains “.

Siddharth Jaiswal, Founder, and CEO, of Sportzchain

The country-first initiative by Sportzchain provides fans with an implementable poll platform that ensures their involvement in a team’s growth journey. The relevant teams will implement these polls’ binding/non-binding results during the upcoming seasons. 

For the unversed, fan tokens and the blockchain-powered fan engagement platform differ significantly from Twitter polls. Twitter polls can impact non-team decisions. In contrast, blockchain-powered fan engagement platforms allow sports fans to get involved and influence team decisions directly, with the blockchain element providing authenticity and accountability. Sportzchain has already onboarded and organized formal fan groups of Kabaddi and Cricket teams to drive participation at a fan level for this historic initiative. More such fan groups will be onboarded in days to come. 

This article was shared with Prittle Prattle News as a Press Release.
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