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433token (433) ICO Review

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O433token is a decentralized social networking platform that is putting users privacy and satisfaction as its first priority. It is an innovative approach towards transparent and independent means of user data ownership, reward on ads and free of speech. It is the first get paid to content creation and sharing ecosystem that leveraged OCR token payments for its reward system.

Essential Information

Ico TimeUnknown – Unknown
Token Name433token
Token Symbol433
WhitepaperView Whitepaper
Website LinkHome
Price1 433 = 0.09 USD
PlatformEthereum
Soft Cap4,000,000 USD
Hard Cap27,000,000 USD

More about 433token (433) ICO:

By implementing Blockchain technology and Smart Contracts, 433 Token Ecosystem will bridge the gap between soccer superstars, youth talents and fans. We are greatly honored to have earned the approval of Mr. Paul Scholes and Mr. Andriy Shevchenko. They do not only endorse the project, they will personally participate in the ecosystem as mentor and event host. Upon reaching Hard Cap, the plan is to bring in 8 more soccer legends.

Soccer is by far the most popular sport in the world. As of June 2018, there are over 3 billion fans worldwide, more than 300,000 football clubs (professional and amateur) and 240 million active players. The twenty most valuable soccer clubs are worth a total of US$33.8 billion (all $ hereafter represents US Dollars), and they earn $8.56 billion revenue a year (up 74% and 40% respectively since 2013). Superstars are highly sought after and paid extremely well. In 2017 Paris Saint-Germain paid $263 million to acquire Neymar Jr. (transfer fee). And, Lionel Messi alone earned $84 million on salary and bonus, excluding endorsements in 2018. Yet, as popular as soccer is, there is always a gap between the superstars and the fans. There is never really any direct interaction. And the popularity of the sports has created many behemoth organizations, which have strong centralized power to dictate how soccer is played, and who are likely to succeed in the sports. We, at Soccer Legends Limited, not only love and play soccer, we are also firm believers of blockchain technology and Smart Contracts. The technology has brought about exciting new ways of thinking and working in many industries. The way it verifies and keeps data has enhanced transparency, security and scalability. In addition, the ability to deploy Smart Contracts on blockchain platforms has greatly improved trust among users, and made possible many innovative applications. Through 433 Token Ecosystem, we are determined to bring blockchain technology to soccer, making the sports more transparent and efficient, at the same time empowering soccer fans with capabilities they can only dream of before. In doing this for 3 billion people, we have faith that 433 Tokens will, in return, promote blockchain technology and its acceptance all over the world. Our passion in doing this has gained us the partnership of Global Legends Series (GLS), a league of retired soccer Legends. All these Legends are household names, who have played professionally at the highest levels (Premier League, La Liga, Serie-A…) and won many team championships and personal accolades (World Cup, Champions League…).

Risk warning:

There are risks and uncertainties associated with Soccer Legends Limited and/or the Distributor and their respective businesses and operations, the 433 Tokens, the 433 Initial Token Sale and the 433 Token Ecosystem. 433 Token Ecosystem involves and relates to the development and use of experimental platforms and technologies that may not come to fruition or achieve the objectives specified in this whitepaper. 433 Tokens do NOT represent shares, equity, units, royalties or rights to capital, income, profit or returns in the ecosystem or in Soccer Legends Limited or any other persons, legal entities or intellectual properties associated with the Ecosystem in any jurisdiction. 433 Tokens are not intended to represent a security or similar legal interest.No offer of regulated products: This whitepaper does not constitute an offer or solicitation of securities or any other regulated product, nor a promotion, invitation or solicitation for investment purposes. The terms of the purchase are not intended to be a financial service offering document or a prospectus. 433 tokens are not intended to constitute securities in any jurisdiction. 433 tokens are utility tokens and cannot have a performance or a particular value outside the 433 Token Ecosystem. Therefore this whitepaper cannot constitute a prospectus or offer document for investment in securities or any regulated product.No advice: This whitepaper does NOT constitute advice to purchase any 433 Tokens nor should it be relied upon in connection with, any contract or purchasing decision. You should consult your accountant, lawyer, tax professional and/or financial advisor as needed, prior to determining whether to purchase 433 Tokens.No guarantee: This whitepaper contains forward-looking statements that are based on the beliefs of Soccer Legends Limited, as well as assumptions made by and information available to Soccer Legends Limited. The project as envisaged in this whitepaper is under development and is being constantly updated, including but not limited to key governance and technical features. Accordingly, if and when the project is completed, it may differ significantly from the project set out in this whitepaper. No representation or warranty is given as to the achievement or reasonableness of any plans, future projections or prospects and nothing in this whitepaper is or should be relied upon as a promise or representation as to the future.Official Language: This whitepaper and related materials are issued in English only. Any translation is for reference purposes only and is not certified by Soccer Legends Limited or any other person. No assurance can be made as to the accuracy and completeness of any translations. If there is any inconsistency between a translation and the English version of this whitepaper, the English version prevails.No third party affiliation or endorsements: References in this whitepaper to specific companies and platforms are for illustrative purposes only. Other than Soccer Legends Limited, 433 Tokens, Global Legends Series and the advisors, the use of any company and/or platform names and trademarks does not imply any affiliation with, or endorsement by, any of those parties.

Empowering

3 Billion Soccer Fanswith Blockchain technology and Smart Contracts433token.io9ffft with Blockchain technology and Smart Contracts433token.ioCentralized PowerApart from being rich, the popularity of these clubs also make them powerful. Together with statutory governing bodies (FIFA, UEFA…), major sponsoring sports brands (NIKE, Adidas…) and broadcasting media (Sky Sports, Sport TV…) they control almost everything about soccer. Decision-making on important soccer matters is centralized in a small group of organizations and people. While this is not necessarily a bad thing ( judging by the ever-growing popularity of the sport), soccer fans certainly want more say, participation and contribution in the sports they love.Superstar PlayersYet in soccer, even the top clubs cannot rival the popularity of superstar players. They are highly sought after and paid extremely well. For example, Paris Saint-Germain paid a record-breaking $263 million transfer fee in 2017 to acquire Neymar Jr. And in 2018, Lionel Messi earned $84 million, and Cristiano Ronaldo earned $61 million, on salary and bonus, excluding their numerous endorsement contracts. Even after retirement, many soccer superstars maintain their popularities, are being closely followed by tens of millions on social media and still command huge endorsement contracts.Youth TalentsAspiring to become the next superstar, every year there are a lot of passionate and talented young people joining soccer academies all over the world. But similar to other professional sports, soccer is extremely competitive and most of these youth talents (over 99%) will neither be signed by clubs nor have a soccer player career.Short Playing CareerEven if they are signed by the clubs, on average a professional player’s career length is only 8 years and the average retirement age is 35 (according to Professional Footballers’ Association). That means even a superstar will retire at a relatively young age in life and have to look for a second career, for financial or other purposes.Loyal FansThere are billions of soccer fans in the world. A large proportion of them are very loyal and passionate towards their national teams, favorite clubs or players. Yet, beside watching games and shouting cheers, there is not much else a fan can do. Some may place bets on games, some may play as “manager” or “player” in video games, and some may follow their favorite players on social media. For most soccer fans in the world, no matter how much they love the sport, there is no channel for their direct involvement or participation.

BlockchainA

blockchain is a continuously growing list of records, called blocks, which are linked and secured using cryptography. By design, a blockchain is resistant to modification of the data. It is “an open, distributed ledger that can record transactions between two parties efficiently and in a verifiable and permanent way”. It was invented by Satoshi Nakamoto in 2008 to serve as the public transaction ledger of the cryptocurrency Bitcoin. Since then, it has gradually gained popularity and inspired many innovations and applications.

Ethereum

One of these innovations is Ethereum, a blockchain-based distributed computing platform and operating system featuring Smart Contract (scripting) functionality. It was proposed in late 2013, crowdfunded in mid-2014, and the system went live on 30 July 2015. It has gained great popularity and made blockchain and Smart Contract implementation possible in the form of DApps (decentralized applications). 433 Token433 Token is designed as a ERC-20 token (Ethereum standard), with its DApps and Ecosystem to be run on the Ethereum platform.Just like internet has brought the world a paradigm shift in how things are done (e.g. from fax to email to Telegram; from taxi call centre to Uber; from DVD to Youtube), we believe blockchain and Smart Contract is another game changing technology. And 433 Token will be the Game Changer for the sports of soccer.

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