FAXPORT accelerates the overall growth of sports trade globally.




Decentralized platforms are expanding rapidly and covering all possible industries to address the problems or shortcomings they face in the way they currently function, so how is it possible that the sports industry is overlooked by blockchain enthusiasts and entrepreneurs. 

 The sports industry is really wide because there are more sports in the world than one person can count. The business behind the sports industry contributes to some great statistics and the packets full of opportunities it has is almost endless. But there are still inefficiencies in there that are not fully addressed by existing companies and new companies that result in a loss of opportunity for sports fans and various types of job seekers in the sports industry.

 Sports trade is still growing globally. The sports industry is a very popular one and has grown at a rate of 5% per year in the last 10 years. In the UK, 2.4% of the workforce is involved in sports. 

 The US has a value similar to 2.5%. According to the data, the sports industry globally, has a production value of about $ 200 million USD, every year (including competitive sporting events, sports & fitness industry, sporting goods, venue operators, intermediaries, and traditional sports media).
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The sports industry, however, is faced with several challenges such as distrust that have spawned disinterest among sports participants (employees and those who practice sports as a hobby).

 Also, sports data is highly accumulated, has no privacy security, has high transaction commissions and service fees, is plagued with fake reports, high foreign exchange fees, forged and still lacks the speed needed to grow the sports industry in terms of capital, collaboration, etc.

 Faxport wants to solve this challenge as well as develop its sports and trading industry as a whole by rebuilding trust relationships, building a global communications network platform connected with sportsmen, and accelerating the overall growth of global sports trade. 

 Faxport will also lower economic costs and optimize the allocation of resources in sports through the implementation of artificial intelligence agreements that allow its participants to easily verify the credentials and identity of others when conducting transactions and communications on the Faxport platform.

 It should be noted that Faxport is in active joint operation with China's largest sports trade database and also leads the Japanese sports workforce. 

 The Faxport project is based on a smart Ethereum contract that will help redefine the transaction method. Faxport also has a token (FAS) that can be used to purchase FX (credits used on the Faxport platform) at a discount. The FAS Token is a standard investment equivalent on FAX GO's crowdfunding platform.

 TECHNOLOGY FRAMEWORK

 fx framework.PNG
FAXPORT The Faxport technology framework has the following features:
• Storage data
• Data source
• Data analysis
• Data processing • Data applications
BUSINESS MODELS
FAXPORT Faxport will charge a service fee of 5% for the investment project, and the range of 0.2% - 2% as a service charge. Faxport will ensure that its users do not feel obliged to make payments to use its services during normal use.

FAXPORT TOKEN (FAS) 
Faxport token (FAS) is based on the Ethereum ERC20 standard. A total of 200 million FAS has been issued. FAS can be used to purchase FX credit in Faxport, as well as fiat currency. Note that, FX has a value of US $ 0.1 per 1 FX). Also, a 15% discount exists for FX purchases with FAS.
There will be a 15% dividend for FAS token holders quarterly. This will, however, be based on transaction fee services on the Faxport platform.
USE OF FX
• Reference data
• Contribute data • Data review
• Payment of service
• Cross-border accounting
DISTRIBUTION TOKEN
Fx td.PNG
20% - Pre-order period
25% - Formal sales period
15% - Team
15% - Stakeholders, consultants, and partners
22% - Faxport Ecosystem Budget
3% - Backup marketing
USE OF FUND
fx fu.PNG
15% - Operating costs
15% - Partner network
5% - Reserve fund
35% - Research & Development
30% - Sales & Marketing
ROADMAP
November 2016 - Faxport project team was formed
February 2017 - Faxport beta operation
May 2017 - The database includes 40000 projects and established companies
August 2017 - Faxport enters into partnership with Chinese company Kuaitiyu (no proposal blockchain solution /)
November 2017 - Media, recruitment and user system is complete
February 2018 - Faxport achieves cooperative objectives in Japan
March 2018 - FAS Pre Sale
April 2018 - FAS is officially launched
June 2018 - Faxport is officially involved in work in Japan
Q3 2018 - Reward System for recruitment, investment and financing, and users completed on blockchain products
Q4 2018 - Enter the Korean, Hong Kong and Taiwan markets; Launch of FAX GO demo
Q1 2019 - Blockchain 2.0 product is complete.
Q2 2019 - Launches data analysis for companies, as well as internal operations and management systems (Web and mobile clients)
2019 - Enter the North American and European markets
TEAM
Li Xiaocheng - Co-founder
Huang Zhijin - Founder
Together with Haibing Gong - Mitra Tech
Tom Tong - Marketing Director
MeiKei Cheung - Business Manager
Leung Wai - Senior Business Manager
Meider Shaw - Social Media Manager
Jiang Hao - Business Manager
Zhiwei Ho - Customer Support Specialist
ADVISORS
Nanjie Wang - Investor & Adviser
Shek Xiang - Counselor
Sport and trade will be brought to a new level with Faxport. Please participate in its ICO event and share in its success and benefits.
For more information please visit the link below;
ETH address : 0x553a05A7E022e0c873E0c7cE704FdD57FBfaab9F


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