In my previous blog, I was able to highlight some of the major problems facing the sports industry and unarguably there is an urgent need for a revolution in the industry. Globaltalent is building a platform based on the Blockchain technology in order to bring about the needed change in the sports industry. Let’s look at how the Globaltalent platform will benefit all the stakeholders.

Benefits to athletes and fans

Many athletes have had their dreams short-lived due to lack of financial sponsors and the environment they found themselves. Athletes from developing countries, for instance in many countries in Africa have it the worst as they usually receive little to no financial support whether it’s from individuals, clubs or the government. Sadly, even those who were able to make it to the bigger stage has been discriminated because of their color, so there is a problem of language and color barrier which shouldn’t be so. Athletes from these developing nations have little to no exposure to the global audience, most of the time they are never discovered by clubs. This will change with GlobalTalent. Sports shouldn’t be limited by one's color of skin or a place where one is born, everyone should be given an equal opportunity to succeed. Through the GlobalTalent platform, athletes irrespective of race or place of birth will be given an equal opportunity like their counterparts from developed countries. Athletes who are lucky to get support from financers do so in exchange for a high stake in their future income. This ugly practice has become the norm and usually, a greater percentage of the athlete's income goes to these sponsors. Fans will be able to speak with their money, they will be able to support and promote their favorite athletes, helping them to advance to the big stage.

Benefits to clubs

Clubs who normally have to run to hedge funds in order to finance the purchase of athletes or to fund the building of a stadium or any project and usually have to pay a very high interest on the funds will cut these cost from the Globaltalent solution. Clubs will be able to draw financial support from their global audience. Clubs who normally are forced into selling their best athletes in order to raise funds to settle their creditors will all be a thing of the past.

Conclusion

Globaltalent platform will bring a lasting solution to these financial problems plaguing the sporting world, it will offer clubs and athletes an escape route through its transparent marketplace which will be based on the GBT Token. The GBT is an ERC standard token based on the Ethereum blockchain, it will grant fans and investors purchasing power on the Globaltalent platform. This will attract clubs, athletes, fans from all nooks and crannies, finally eliminating barriers in the entry for athletes and fans. The solution will be a big win for clubs, athletes, and fans. Clubs will be able to sell and tokenize their rights on the Globaltalent platform and receive profits and benefits. Talented athletes will be able to sell just part of their future income without the need for them to mortgage their entire self in order to get financial support. Lastly, fans can now invest in rising athletes or future established athletes and profit from their success.

Essential Gloabaltalent ICO links
Website: https://globatalent.com/
Whitepaper: https://globatalent.com/whitepaper/
ANN Thread: https://bitcointalk.org/index.php?topic=2654545
Telegram: https://t.me/globatalent

My Bitcointalk Profile https://bitcointalk.org/index.php?action=profile;u=2171173
My ETH Address 0x637936125a026df6BE052742B11319A950c9Bc7c