Paul Scholes, Former Manchester United Star, to Support Crypto Startup

Published at: Nov. 15, 2018

Soccer Legends Limited, a Hong Kong-based startup, is aiming to integrate blockchain technology into soccer, the most popular sport in the world. The project is designed to “bridge the gap between soccer superstars, youth talents and fans.” Soccer fans can use the 433 Token to support a future superstar, interact with the most famous players and to influence important soccer-related decisions.

According to the company, Paul Scholes (Manchester United legend 11-times English Premier League champion) and Andriy Shevchenko (AC Milan legend, UEFA Champions League Top Scorer, Ballon d'Or winner and Ukraine’s head coach) have officially joined the project. They not only support the project but will “personally participate in the ecosystem as mentor and event hosts.”

Soccer Legends Limited says it has also an official partner in Global Legends Series (GLS), a league of retired soccer legends. The plan is to sign sign eight more famous players once fundraising is completed.

Soccer meets blockchain

Having over 4 billion fans, soccer is estimated to be the most popular sport in the world.  There are around 300 thousand soccer clubs and 240 million active players across the globe. Soccer Legends Limited believes that blockchain technology can be the instrument for fans to become much more involved in their favorite sport and with their beloved stars and clubs. The company created its own ecosystem based on the new 433 Token, which is an ERC-20 compliant token built on the Ethereum blockchain.

Soccer Legends Limited offers a system led by the “Fellowship of Legends”, a selected group of legendary soccer players. They have a “Principal” status and can pick young talented players - aged 16 to 18 - from different soccer academies and mentor them. This means the “Principals” meet their students at least four times a year personally, teach them techniques, ethics, leadership and also provide financial support if there is a need in physical training, nutrition, sports science. The soccer legends will also check the progress and introduce young players to the scouts, clubs, agents, and endorsements.

Before the Principals start mentoring, they will offer 433 Token holders the opportunity of sponsoring the mentorship of the next superstars, via smart contract. Sponsors get to follow the mentorship closely and access the youth talents’ detailed training data.

Bidding and voting

Another utility option that Soccer Legends Limited offers fans is bidding. The company is going to organize special events with personal participation of soccer legends, such as charity dinners, a personal guided Giuseppe Meazza Stadium museum tour or even a Legend-vs-Fans penalty shootout at Old Trafford. The events will be auctioned and fans all over the world can bid with 433 tokens. According to the company, the highest bidder will attend the event, the ones who are not that lucky will get their tokens back.

Finally, 433 Tokens can be used for voting. Fans will be able to choose the venue, rosters or game format of upcoming Global Legends Series (GLS) games. For example, they can decide in which city GLS should arrange a Legends game in June 2019: in Rome, Shanghai, Tokyo, or Miami.

Presale of 433 Tokens will start on November 16, 2018. There will be 300 million tokens available for purchase which is 30 percent of the total sale. Each 433 Token will cost US$0.09.

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

Tags
Related Posts
Football-focused NFT platform plans to kick off in style, with some big names
Football: It’s a sport filled with magic, memorable moments, and passionate fans who devote their lives to supporting their team. And now, a long-term project is giving supporters a whole new way of collecting memorabilia. Shirtum is a nonfungible token platform that allows footballers to create NFTs reflecting some of their biggest milestones — powerfully telling the story of iconic moments in their careers that will go down in history. Fans will be able to compete for the chance to own limited-edition tokens in their very own personalized gallery, with blockchain technology being used to guarantee the authenticity, traceability and …
Technology / June 14, 2021
Manchester City soccer club launches fan token with Socios
Major English football club Manchester City is the latest sports club to launch its own blockchain-based token to power new tools for digital fan engagement. According to an official announcement Friday, Manchester City has partnered with fan engagement platform Socios.com to launch the CITY fan token on the Chiliz blockchain. Similar to other European clubs like FC Barcelona and Juventus, Manchester City will now have an option to provide VIP rewards, club promotions, games, AR-enabled features and polls using its fan token. Stephan Cieplik, senior vice president of global partnerships sales at City Football Group, the parent company of Manchester …
Adoption / March 19, 2021
Chiliz (CHZ) scores 1,600% gains in March as fan tokens outperform everything
Blockchain-based sports platform Chiliz (CHZ) is leading a boom in one sector of the altcoin world which is putting Bitcoin (BTC) and Ether (ETH) to shame. According to data from Cointelegraph Markets Pro, CHZ is consolidating on March 17 after month-to-date gains which topped 1,600%. Chiliz up 1,650% in 2 weeks With altcoins firmly back in the spotlight as Bitcoin itself is nearing all-time highs, anticipation is building that the coming months will produce an “altseason” like no other. This month, however, one group of tokens is already spawning gains which far outpace the rest. Sports tokens, including Chiliz and …
Markets / March 18, 2021
Italian Soccer Club Juventus Follows France’s Paris Saint-Germain to Launch ‘Fan Token’
Major league Italian soccer club Juventus announced Monday, September 24, it will launch its own cryptocurrency “fan token,” two weeks after a similar announcement from Paris Saint-Germain. The product of a partnership with “blockchain-based fan engagement platform” Socios.com, the Italian club aims to release its “Juventus Official Fan Token” as soon as Q1 next year. Like France’s Saint-Germain, which revealed its Fan Token plans with Socios earlier this month, Juventus aims to use the tradeable asset principally for fan voting and polling. The club currently ranks top in Italy and number two worldwide, with a fanbase reportedly topping 60 million. …
Blockchain / Sept. 24, 2018
Fan token market cap surged over 60% since June: Data
The fan token market has been growing in value this year, surging around $157 million in terms of total market capitalization since June. According to data from major fan token website FanMarketCap, the market cap of all fan tokens is estimated to amount to slightly over $417 million at the time of writing. This is almost 60.4% up from the overall value of $260 million recorded in mid-June 2021, as Cointelegraph previously reported. The fan token market’s daily trading volume amounts to $270.2 million at publishing time. According to FanTokenStats, some of the most-valued fan tokens include Paris Saint-Germain (PSG) …
Adoption / Dec. 11, 2021