TOK.tv ICO (TOK Token): Social Sports Watching Blockchain?
One of the largest industries in the global exchanges is sports, its coverage and growth revealing a doubled value from 2005, when it reigned in at 46.5 billion, to 2017 when it measured a whopping 90.9 billion in revenue. Fans are eager to pursue it as a bonding experience with other fans and an opportunity to celebrate regional pride, while the athletes are able to boost their efforts towards excellence and create stronger team synergy. All of these factors plus some serve to architect a behemoth in the economy built from the consumerism of sports fans.
What Is Tok.tv?
Tok.tv is a fairly new jewel having been launched in 2017, which has cropped up to offer respite to sports aficionados by combining blockchain technology and the most popularized elements of high-definition viewing, as well as opportunities to share on social media. It also offered an ICO in 2018. It has been labeled the #1 Sports Social Network and is the new bee’s knees when it comes to fandom opportunities. To give you an idea of the numbers, they have already reached 30 million users and are still growing.
TOK.tv Social Sports Watching Blockchain Benefits
You might be wondering what the pros to subscribing to Tok would be. Some of the prime qualities are users are able to view their sports programs of choice with higher visual quality, engage with registered friends, and stream various entertainments. P2P (peer-to-peer) file sharing is available, voice calling, and other social media networking capabilities.
Any potential off-putting features a user may encounter is that ads will be featured regularly – this is due to the sponsors of the teams having a contract agreement with advertising companies in order to efficaciously market their products and services. The business of Tok.tv caters not only to eager sports audiences, as well as brand names in the industry, therein the ROI is gained by the highly targeted markets in mobile advertising.
While a skill set with social media is certainly helpful, it’s not required. An example of an available addition that Tok.tv offers is selfie snapshots can be exchanged between members at any point during the program. In terms of experiential capabilities, the system also incorporates a stadium background sound feature, and a ‘Virtual Fan Club’ so local fans can connect through the app and immesh in camaraderie for the sports experience.
Into trivia? Another option Tok features is Tokie, an app classified as a ‘chatbot’, which provides trivia answers with a side of personality. Tokie is akin to Siri is to Apple in that it is programmed to offer a ‘personalized’ experience with the solo running sports fanatic.
Expounding on the playback element that nearly every sports viewer salivates over, the organization conspired to offer ‘Tok.tv Smart Highlights’. It captures the moments in high-definition and also purports a medium for further social bonding.
Who Is Behind Tok.tv?
Tok has become so diverse and popularized, it has developed several brick and mortars throughout the world; San Francisco, California in the USA, Shanghai in China, London in the UK, Maharashtra in India and Milan, Italy.
The platform’s three creators all come from various backgrounds and skill sets. Currently, there is little available knowledge regarding their business profiles, but there is information available:
Fabrizio Capobianco is CEO and director. He has expert experience in the mobile device industry and is a highly successful entrepreneur. Capobianco is also acting President and Chairman of a company called Funambol he began in 2002. He earned a Ph.D. in computer science from the University of Pavia, Italy. He is also one of the leaders in the Silicon Valley group.
Michele Zonca – Chief Technology Officer and backend software developer at Tok.tv. In addition, he is also an advisor for Luiss Enlabs. He earned an MSc in Computer Science and has over 6 years experience in software experience, both front end and back end. He co-founded a company called Mashape in 2009.
The EVP for operations is Jeff Slack, who is also CEO at JS3 Sports Ltd, and one of the Board Directors of STATS sports. He is also involved in other sports-related organizations.
Tok’s VP of Products and head of Design Principle is Leandro Agrò. He has been awarded thought leadership in various company roles involving progressive policy implementation on healthcare excellence and social networking; The Health Care Standard of Excellence and the Network Standard of Excellence, both in 2012.
How TOK.tv TOK Token Works
Tok developed their viewing structure by designing it with the means to create smart contracts, eliminating third parties who control the viewing, and token usage for additional viewing bonuses. Tok even provides a feature on their application which allows for small change wagering between friends, voting for their favorite team player, and engages users in a realistic experience as though they were both in the same room.
The official cryptocurrency is the TOK Token, which can be utilized to view extra footage shared by the official creators. Token usage also segues into a sliver of the blockchain function: In terms of transparency and security, Tok’s blockchain platform has systematized digital rights management for its stream content, which serves to eliminate bootlegging and piracy which have been the bane of sports providers for decades. Most importantly, the blockchain network ensures that fans receive live and recordable coverage from all across the globe, even if they are operating in different time zones.
Certainly, if you have a penchant for international sports, then Tok.tv is a worthwhile investment. There are opportunities to bond, build a library of content for personal viewing desires, and celebration with like-minded people. The ICO can also be of benefit for those who are seeking action in the cryptocurrency realm, and it would certainly prove a profitable jump; Tok.tv already has en masse support which is continuing to grow regularly. Will it eventually bubble up and burst? Who knows. At the moment, it is a powerful gateway into the future of sports fandom and blockchain technology.