About Cryptochamps token and all information this company
The need for fans to associate with their favourite celebrities is
quite insatiable. Nevertheless, a lot can still be done to close the
gap in the relationship between stars and their faithful fans.
In recent times, cryptocurrencies have produced exceptional
results with respect to decentralization, and outperformed all
major benchmarks. The growth of the cryptocurrency ecosystem
and development of additional use cases is positively disrupting
business on a global scale. With such explosive growth and
speculative interest, volatility within the cryptocurrency markets
will remain elevated. This volatility is driven by the significant
trading / investment activities, development of additional use
cases, and the uncertainty of future government regulation(s). A
2016 joint report from Coinbase and ARK Invest estimates that
54% of Coinbase users use bitcoin, the most successful
cryptocurrency, strictly as an investment.
The Blockchain has been a platform for developing futuristic
innovations, and at Crypto champs, we are devoted to give the
public an opportunity to experience the benefits of
decentralization through our project, “Champchain”.
Champchain creates opportunities for:
People to fully identify with their favourite sports celebrity, own
a unique contract of them as well as create bragging powers.
Give support to charity organisations, because we believe the task
of making the world a better place is a general one, we will all join
hands together to make that happen.
Join a project of passion. We believe in community success, and
we know there are passionate about us and what we do, we aregiving people the opportunity to join us and truly experience the
Blockchain while making the society a better place.
Building a sustainable decentralized earning system. We
encourage our community members to be dedicated in their work
by sharing our profit with them.
We are building a multi value system with values attached to our
unique sports star contract as well as to our champ coins (CPM).
We are creating a sustainable revenue model where anyone can
share in our success. We are not planning an ICO neither do we
hope to raise money through that. We are airdropping the coins
for free to our bounty participants and they will in turn share in
our profits over time. However, we have a reserve for private
investment later in the future.
Vision:
To design a platform for sports lovers to associate with their
favourite fans while making money in the process; to establish a
Blockchain record for easy generation of the unique fan base of a
sports celebrity; and to disrupt the fiat currency system by using
our hard-fought innovations to establish a real‐time crypto
collectible with a global reach and accessibility to the masses.
Mission:
To build a happy community who will gladly identify with the all-
time sport champions while making the world a better place.
We are building the best fantasy sports platform on the
Blockchain, this is our first step to achieving that.
A true business of value should be able to create as well as iterate
innovative business models. One of the most successful ways of
funding Blockchain projects is through ICOs, however, ICOs
have their own flaws and challenges and we don’t want to dabble
into that.
Cryptochamps will deploy a sustainable method to ensure efforts
and investments are secured over a long-term period. We are
deploying the following tactics.
Innovation based on digital Scarcity
Finally, an area of substantial experimentation that continues to
go “unsolved” is the concept of digital scarcity and digital
collectibles.
Your unique solutions
Digital goods have seen real-world valuation, from World of
Warcraft’s gold farmers to the Steam platform’s online
marketplace (where users can buy and sell in-game items across
their PC’s video game collection). However, these niche instances
are limited to video games and lack any security or protections.
There have been numerous examples of hacking, cheating, or
developers influencing the ecosystem and larger economy.
Digital collectibles hold immense potential, but they haven’t
proven successful for three main reasons:
Central Issuing Authority.
When digital collectibles are created, and issued, and the most rare
or popular collectibles identified, there is nothing stopping the
creator from simply creating more. When this happens, it
diminishes the value of the original collectibles, potentially
making them worthless.
Cryptochamps is a crypto collectible built on the Blockchain
(Ethereum Blockchain to be prises). We create a UNIQUE digital
collectible of sports champions which can be owned by anybody.
Each contract has a predefined price of 0.005ETH. When
acquired, the contract became the sole property of the acquirer.
The contract can only be taken away from the owner when a
buyer sends an amount higher than the original purchase amount
to the current owner.
A typical example is this: John bought Messi’s contact for
0.01ETH. When Matt pays 0.02ETH to john, he automatically
becomes the owner of Messi’s contract.
Today coin supply: 320,000,000
Charity token: 25%
Team Token: 25%
Bounty and give away: 15%
Possible investment: 10%
System running and upkeep: 25%
Summary
Cryptochamps is here to stay. We want to revolutionize the way
people identify with their sports celebrities as well as help make
the world better through our charity program.
