RWA Tokenization Model of TheProjectScout

Tokenizing Footballer Pieces: A brand-new investment opportunity and asset class.

Technical Implementation

Tokenizing football players fees and dividing them investable and tradable footballer pieces involves a range of operational processes beyond scouting, detailed analysis of players by our experts, negotiations with football clubs and players, and carefully clarifying the legal aspects for clubs, players, pieceholders. It also includes various technical and financial components that ensure the security, transparency, and efficiency of the process. Smart contracts deployed on the Ethereum network be one of the most important parts in this process. These smart contracts will be created uniquely for each footballer and will define all the rules and conditions for the creation, allocation and trading of player-referenced percentaged pieces and ensure that the details are transparent and publicly displayable on the blockchain.

Blockchain conveniences: Modern blockchain networks, such as Ethereum, provides all the necessary underlying infrastructure for token creation and management. It serves as a decentralized and secure ledger that records all transactions related to footballer testimonials tokens, ensuring transparency and also immutability.

Smart Contracts: Smart contracts are self-executing contracts that the terms of the agreement between parties(Footbaler Pieceholders, investors, creators etc) are pre-defined and deployed the codes onto the blockchain. They enable any transactions or processes related to footballer reference pieces to be automatically executed once predefined conditions are met, without the need for third parties or approval mechanism.

Tokenization Process:

Identification and Verification: The first step in tokenizing footballer pieces is to identify the player and verify the authenticity of evrything related to the footballer. This involves gathering relevant documentation and ensuring compliance with legal and regulatory requirements.

Token Creation: Once the player and related documents are verified, footballer pieces representing ownership of the indicated percentages will be created. These footballer pieces will be minted on the prefered blockchain network and are backed by a portion of the player's future transfer value. The percentage of the footballer to be tokenized and the corresponding value of each pieces after tokenization can vary from player to player and will be clearly explained before the IBO's

Token Distribution: The investors who meet the requirements for the participation in IBO's of TheprojectScout gain the right to purchase specified amount of pieces of the footballers and participate in the pre-sale through specified methods. The footballer pieces are then distributed to investors through a piece sale or auction (IBO). Investors can purchase these footballer pieces using their prefered payment methods such as cryptocurrency, fiat currency, or other digital assets.

Trading and Liquidity: After the initial distribution, the footballer pieces will be tradable mainly on TheProjectScout marketplace and also on other digital asset exchanges and DeFi platforms, providing investors with liquidity and the ability to buy and sell their pieces easily.