What Is Bouts Pro?
Bouts Pro is a new cryptocurrency/token-based platform that is starting their crowdsale in a little under two days.
How Bouts Pro Karate Atheletes' Memerbship Cryptocurrency Works
The BoutsPro Blockchain Integration is said to help make major improvements in the worldwide arena of martial arts. They are using leveraging power off the powerful blockchain technology. They have a plan for the full integration of their platform that gives the ability for a seamless transfer of assets, both tangible and intangible. And not only that, but they are also looking to make the transfer speeds faster than those that are typically seen by other platforms.
The plan on the platform is to be cross-border without any type of restriction. It is also promised to be extremely effective at addressing the current problems that are occurring when it comes to payment processing and the management of any funds allocated by a company or individual.
It’s system that will allow registrants for martial arts like Karate to register on centralized platform run by BoutsPro. And once the registration is completed, they will get information on everything related to their chosen sport.
There will be aspect like tournaments and fees needed to be covered as well as rankings and educational training for all students. There are aspects as well like gaming, sports insurance even sponsorship for participants. They are making an attempt to truly change the way the art of Karate is handled across the globe.
Bouts Pro ICO Details
The Token for the soon to start crowdsale is Bouts, And, it’s set to start on the 11th of March 2018. The platform is based on a ERC20 style token and there is a minimum purchase requirement of 0.1 Ether to get started with the company.
The Hard-Cap for the company is 1,000,000,000 Bouts with no maximum purchase limit. One Ether equates to 9,000 Bouts and the completion date of the ICO is the 25th of March 2018.
Here is the Distribution Plan for the Tokens:
- 50% – ICO (Public Crowd Funding)
- 25% – Community (# Available for Karate Community on ICO Base price)
- 10% – Dev Fund (* Locked for 1 year in Smart Contract)
- 5% – Rewards (Rewards & Support fund for players & trainers)
- 3% – Bounty Campaign (Social Bounty, Bug Bounty, Translations, Give away & Airdrop)
- 2% – Advisors
- 5% – Reserve Fund (Future requirement or Backup)
There are several wallets that are said to store the Bouts tokens.
Who Is Behind Bouts Pro?
The team is headed by Professor Ilija Jorga, a university professor that is a doctor of sports medicine. And he is also the founder of the Fudokan style of Karate that he developed in 1980. In Europe he is honored as 10th Dan.
Other than him, there is a list of more than twenty different contributors, workers, and advisors that make up the team. The team is one of the largest seen on any ICOs I can think of as of recent months.
Bouts Pro Conclusion
This appears to be a major worldwide player that is looking to greatly improve the way the sport of Karate operates. They are hiring the best team members in the sport plus several other advisors to make the project move forward. If you’re into martial arts, this could be a useful platform for you. If you’re not, you may be able to contribute in another way. They seam to be operating with major transparency, so as far as I can tell – BoutsPro is a platform that looks to be operating with transparency.