‘Sports
D³' provides professional sports teams with an innovative alternative to
raising funds by facilitating crowd-formation of capital on its DLT-powered
platform, where clubs are able to digitize, securitize and sell their assets to
fan-investors in the form of Security Token Offerings (STO).
With
the approval of a Virtual Currency Exchange and a Virtual Currency Wallet
License, 'Sports D³’ is now a fully regulated digital assets exchange, with the
capability to deliver its solutions to sports clubs and their fans in 27
European jurisdictions. This milestone marks the next step in ‘Sports D³'
development and paves the way for securing the financial intermediary status
and expanding into other continents.
Gene
Swinton, Founder & CEO of ‘Sports D³’ said: “There are over 400 million
football fans in Europe, who are not only among the most devoted fans in the
world but who also happen to score higher in their ability to invest. We are
delighted to be granted this license, as it will provide fan-investors with a
simple, low-cost, fiat-to-crypto ON-ramp and enable their investment activities
on the SD³ platform”.
“We
will continue on our mission to democratize finances in the global sports
industry, starting with the European football space. By providing professional
football clubs in Europe with access to capital crowd-sourced from millions of
fan-investors, SD³ heralds a new era for crowd-capital and its prominent role
in the development of football” concluded Mr. Swinton.
To
learn more about the ‘Sports D³' solution or pre-register for early access to
the platform,
‘Sports
D³’ is a trade name used by D-Cubed Ventures OÜ, a financial and sports
technology company developing a regulatory-compliant tokenization platform and
digital assets exchange for the global sports industry with mid-2021 as a
target completion and official launch date. SD³
platform
enables crowd-formation of capital from millions of fan-investors and provides
professional sports clubs and athletes with access to alternative sources of
debt/equity financing via Security Tokens Offerings (STOs) on a public
blockchain. ‘Sports D³' solution stands at the intersection of the sports
industry, financial markets, blockchain technology, and millions of sports
fan-investors.
This
project is led by a team of seasoned
professionals, recent graduates from the
Registered
in Estonia #14773533 on July 29, 2019, and operating under FIU license #FVT000159,
issued on 14-Sept-2020.
LinkedIn: https://www.linkedin.com/showcase/sportsd3
Twitter: https://twitter.com/Sports_D3
Facebook: https://www.facebook.com/SportsD3/
Telegram: https://telegram.org/SportsD3
YouTube: https://www.youtube.com/channel/UCKqAlWgtvLS8VRprFCE5uhg
Medium: https://medium.com/@sportsd3
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