Ready to Fight is a blockchain-based platform that aims to revolutionize the boxing industry by providing a decentralized marketplace for fighters, coaches and trainers.
The RTF Token will be used as currency within the Ready To Fight ecosystem, allowing users to pay for services such as training sessions or gym membership fees using cryptocurrency.
Tokenization of Fighters
The RTF Token will be used to tokenize fighters and their data, giving them full ownership of their information and allowing them to access it at any time. This will allow fighters to make better decisions about their careers and training regimens, while also providing fans with a new level of insight into their favorite athletes’ lives.
The RTF Token
The RTF Token is a means of payment for all transactions. It can also be used to purchase items from Ready To Fight’s online store, as well as make investments in the industry.
The Benefits of the RTF Token
The RTF token is a secure and transparent way to buy, sell and trade boxing-related items. It can also be used to make investments in the industry. The RTF Token will be used by online stores to purchase products from manufacturers, who will then use it as payment for their services.
The Ambassadors
The ambassadors of Ready to Fight are world champions who have a lot to gain from the platform.
- Oleksandr Usyk (10-0) is a Ukrainian professional boxer who has won all 10 of his fights by knockout, including two wins over former world champion Tony Bellew. He became the undisputed cruiserweight champion in 2018 and is now one of the most popular boxers in Europe.
- Egis Klimas is an American boxing manager who represents several current or former world champions, including Sergey Kovalev and Vasyl Lomachenko among others. He has also managed Olympic gold medalists such as Andre Ward, Michael Conlan and Shakur Stevenson.
The Ecosystem
RTF Token is a decentralized platform that aims to revolutionize the boxing industry. The project has three main components:
- A decentralized platform for fighters, fans, and promoters.
- Rewards for participation in the ecosystem.
- A platform where users can access all necessary information related to boxing events or fighters’ careers
Other Blockchain-Related Sports Innovations
The boxing industry is not alone in its adoption of blockchain technology. Other sports organizations have also begun to explore how they can leverage the technology to improve their businesses and deliver better experiences for fans.
In 2018, CryptoFights launched a blockchain-based game that allows users to buy and sell digital collectible cards of famous fighters like Floyd Mayweather and Manny Pacquiao using Ethereum (ETH). The startup has raised over $1 million from investors including Coinbase Ventures, Blockchain Capital, and Pantera Capital.
Other examples include:
- Blockchain-based fantasy sports platforms such as DraftKings and FanDuel are leveraging smart contracts on Ethereum’s ERC20 standard to enable users to manage their own leagues without relying on a centralized authority like Yahoo Sports or ESPN Fantasy Football.
- Sport ticketing platforms such as Blockparty and Aventus are using blockchain technology to improve the transparency and security of ticket sales. By using smart contracts, these platforms can ensure that tickets are only sold to legitimate buyers and cannot be counterfeited.
- The Global Association of International Sports Federations (GAISF) has launched a blockchain-based platform called the International Sports Registry (ISR) that aims to provide a comprehensive database of athletes and their achievements.
- The National Basketball Association (NBA) has launched its own blockchain-based platform called NBA Top Shot, which allows fans to buy, sell, and trade officially licensed digital collectibles of their favorite players, such as video highlights and game-worn jerseys.
All of these innovations demonstrate the potential of blockchain technology to transform the sports industry by providing new ways for fans to engage with their favorite athletes and teams, and for athletes and organizations to monetize their activities.
With the launch of the RTF Token, Ready to Fight is leading the way in this exciting new field, and we can expect to see many more innovative projects emerge in the coming years.