BSPT is a utility token issued by Blocksport based on the NFT platform, which is the basis for transactions and interaction; it can be used to purchase NFT assets, fan tokens, and participate in the functions and services of the platform.
The NFT platform developed by Blocksport is built on the Ethereum blockchain and Binance Smart Chain (BSC), with core functions such as sports NFT asset issuance/auction/bidding, fan token issuance/auction, and NFT mining.
Blocksport is dedicated to build an ecosystem for Sports and Esports enthusiasts that integrates games, sports NFT collections, and fan community management, as well as build a service platform for the vertical field of the sports industry in an encrypted world.
There will be a total of 1,000,000,000 BSPT tokens that will be created, and the token distribution of the BSPT will be as follow:
BSPT is not an investment token, and BSPT should be obtained by purchasing or actively participating in the platform.
Collect NFTs: Users can use BSPT tokens to participate in NFT auctions or sales
Governance
Holders of BSPT tokens can participate in community governance and manage the platform's NFT for creators and clubs.
Pledge rewards Governance
Fans can pledge BSPT tokens and fan tokens to recieve BSPT pledge income. Holders of BSPT tokens can participate in community governance and manage the platform's NFT for creators and clubs.
Participate in Fan Token Offering Governance
Fans can use BSPT to participate in fan token subscription and auction Holders of BSPT tokens can participate in community governance and manage the platform's NFT for creators and clubs.
NFT staking rewards Governance
Participate in the NFT star card team farming mode of the platform and earn BSPT token rewards. Holders of BSPT tokens can participate in community governance and manage the platform's NFT for creators and clubs.
Voting Governance
Holders of BSPT can submit and vote on proposals about trading fees and new features to be developed. Holders of BSPT tokens can participate in community governance and manage the platform's NFT for creators and clubs.