Over the years, organizations have been known to make use of sponsorships as part of their marketing. However, recent reports indicate misuse of aids by undisciplined entities, thus creating an uneven competitive edge in various sectors. Therefore, there is need to come up with solutions to deal with these issues for better business growth and Sponsy is one of such modern solutions.

What Is Sponsy?

Sponsy is a block-chain enabled a decentralized platform that comes to offer digitized solutions to the problems faced by brands and events in sponsorship activities, to create a same competitive environment.

How Sponsy Decentralized Sponsorship Industry Platform Functions

The business word experiences so much inequity in business sponsorships on a daily basis. Most of such activities tend to favor high-end businesses, leaving the establishing ones at a struggling corner. However, according to the innovators of Sponsy, the platform is set to change this perception by providing all our members with the necessary modern tools and techniques for fair competition. Users on the platform can make use of the small fees to reach out to new sponsorship opportunities and close good deals within the shortest time possible. The platform charges a commission of about 5-15% which is much cheaper than the current 35%

Additionally, the decentralized nature of the Sponsy platform brings on board a wide range of experts in the business world. From famous companies, business sponsors to small-scale business entities, you get an opportunity to mingle freely within a secure ecosystem. By making use of the Sponsy App, users can make use of the automatic sponsorship feature and deal with arising issues from anywhere in the world. Moreover, communication is much faster, and users get to keenly follow on the progress of activities including proceeding sponsorship activities.

Sponsy promises to allow sponsorship benefactors into decision-making process concerning future sponsorships. According to the developers, this move aims to streamline the sector to more productive sponsorships by incorporating creative ideas more favorable to the end receivers.

Why Should I Join Sponsy?

Through the use of artificial intelligence powered by blockchain technology, users gain access to the automated-electronic user habit data, on various brands. The information is useful in selecting sponsors.

Additionally, the platform makes use of “The Internet Of Things (IOT) to allow developers connect to different devices. The feature is useful for sponsors who want to keep abreast with specific sponsorship events.

The application process is fast and takes about 5 minutes.

Why Shouldn't I Join Sponsy?

Right now, joining Sponsy seems like a good idea especially with the benefits it promises to offer. However, to participate in all internal activities, you need to acquire SPS tokens. The token is a utility toke and not a security token. The downside is that individuals with a large number of tokens get access to more privileges than those with fewer purchases.  Though this might seem like a trivial issue, some people might feel discriminated in decision-making processes just as it aligns the current biased-centralized environments. However, generally, Sponsy looks promising.

Sponsy SPS ICO Details

The Sponsy SPS ICO start date still needs to be announced. They're private sale is live now. The SPS token is an ERC20 built on the Ethereum blockchain. You can invest in this ICO and purchase SPS coins with BTC, ETH, Litecoin, Dash, and Bank Transfer.

Sponsy Final Word

The Sponsy platform comes with promises to address the current problems witnessed in the business sponsorships. Through the provision of a secure ecosystem with high levels of transparency and equality, the platform offers equal chances for all its members to reach out for sponsorship opportunities in the marketplace. Additionally, since consumers play a crucial role in the success of sponsorships, they also get the opportunity to participate in decision-making process.

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