Founded in 2019, Blocksport is an innovative and leading SportsTech based in Zurich, Switzerland. Blocksport provides top Esports teams and traditional Sports clubs with their own fan engagement mobile app. Supported by a professional network of sports experts and partners Blocksport will launch a NFT platform to bring clubs, fans and sponsors closer together. The state-of-the-art NFT platform provides features like NFT and fan token issuance, auction, bidding as well as NFT mining. Blocksport aims to build a sports ecology for Sports enthusiasts that integrates games, sports NFTs, and fan community management.

Now, Blocksport has reached cooperation with more than 40+ clubs and celebrities such as Team Singularity, Virtus pro, Penta Sports, CF Talavera from Spain, Metalist FC, Dynamo Kyiv (plays Champions League), African Cycling UCI team, Sinners Esport, Red Star Rugby club, ARIS BC from Greece and many more. And it has 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.

What is BSPT
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.

Diverse use-cases
The Blocksport NFT platform will be developed in three models: (e)Sports NFT collectibles, Fan Token issuance, and Staking.

NFTs
Blocksport launches the unique NFTs of sports assets such as Collectible Cards, Memorabilia, Video, Picture, Merchandise, Skins, which can be permanently collected by fans.

Fan Token Offering
Blocksport cooperates with world-renowned clubs to issue fan tokens for these cooperative clubs. Fans holding fan tokens can participate and influence club-related important decision.

Staking
The Blocksport NFT platform integrates BSPT, star card NFT and fan tokens into DeFi games, and enhances fans interaction through the «play and earn» mode.

Distribution of BSPT
There will be a total of 1,000,000,000 BSPT tokens that will be created, and for Token Mechanisms will be as follow:

1.Buyback
Net fees collected by Blocksport will be used to buy back BSPT on the open market, and the BSPT bought back will be transferred to the treasury and staking reward pool.

2.Staking
BSPT holders can participate in different pools by staking their BSPT and obtaining Blocksport NFTs. In return, they will receive BSPT as a staking reward.

3.Treasury
Treasury is a BSPT reserve pool governed by the community, with a purpose to develop and promote the development of the Blocksport ecosystem. The BSPT in the Treasury comes from BSPT bought back on the open market.

How to use BSPT
BSPT is not an investment token, and BSPT should be obtained by purchasing or actively participating in the platform.