CryptoThrust X SPORTCASH ONE AMA
Guest: Andrew Lubahn
Hello everyone, I’m Andrew Lubahn. I’m a 7-year professional athlete and entrepreneur. Sportcash One is my second offering in the crypto space where I’ve been deeply involved since 2017.
I originally came to Sportcash One as a sponsored athlete, and have since evolved into a larger role where I help bring on athletes, brands, and partnerships for our company. Full Disclosure: I’m also an investor
Know more about our Today’s Guest Andrew Lubahn :
LinkedIn: https://www.linkedin.com/in/andrew-lubahn-657673135/
Instagram: https://www.instagram.com/sirlubahnthe77th/?hl=en
Twitter: https://twitter.com/SirLubahn_17th?s=09
Segment 1- Project Introduction
Q1) What is SPORTCASH ONE project? How does it work?
Sportcash One is a blockchain solution for the global sports industry. We operate at the technically innovative edge of the sports and crypto industries — marrying the two industries for maximum value.
Think cutting edge sports tech meets cutting edge crypto and DeFi (Decentralized Finance) capabilities and you understand Sportcash One!
We’re passionate about optimizing opportunities and access for athletes, brands, teams, sponsors, investors, and speculators by leveraging blockchain and crypto technology. We view the relationship and leverage between the two as potential win-win-win scenario for all involved.
Q2) What problems this project is trying to overcome or solve in the sports Industry?
The primary issues we’re solving are Fan Engagement, and Fund Raising. These are the core limiting factors for growth in the sporting industry.
Q3) What are the product and services offered by SPORTCASH ONE
We’re fortunate at Sportcash One to be in growth mode, meaning we’re constantly evolving and improving our product offerings to meet our customers needs.
A few products we’re particularly proud of are our:
1) DEX (Decentralized Exchange) and Custom Wallet where users can buy, sell, and send cryptocurrencies
The DEX is the sports industries gateway into DeFi in a convenient and easy to use way. Not to mention it’s safe, secure, cheap, and extremely fast
2) Tokenization-as-a-Service or TAAS is an offering where we create bespoke “Sport” Tokens for a club, athlete, team, or brand, thereby providing them a novel and substantial revenue stream while simultaneously growing an engaging community.
3) NFT Market Place — As a former professional athlete myself, I’m particularly excited about our NFT offering!
We offer the ability to create custom NFTs for all members of the sporting ecosystem. When it comes to NFTs the sky truly is the limit. One exciting example of our NFTs which is beneficial for all members is our Speculator/Investor NFT whereby speculator and or investors purchase and create an NFT for an up and coming athlete to help sponsor their training and development. The athlete benefits because they receive funds via sponsorship, and the speculator/investor benefits because they become the owners of a rapidly appreciating tech asset. Win-win-win
I think I’ll stop here, and simply add for anyone who wants to read in more detail to please check out our white paper here: https://sportcash.one/wp-content/uploads/2021/03/Sportcash-One-White-paper-2.0.pdf
Our website: https://sportcash.one
Q4)Tell us about sponsorship and partnership SPORTCASH ONE have with
I’m glad you asked. This week in particular has been a whirlwind of partnerships and signings. I can’t disclose all of them as more are coming quickly. Check out our Telegram and Social Links to get up to date information on partnerships and signings.
I’ll give you one exciting athlete sign-up: Jay Bothroyd, former English International, and Premier League Player has joined our social network.
Additionally, we’re partnered with the Hype Sports Accelerator, and recently developed a business agreement with Automotive Industries!
Furthermore, we’ve partnered with the Waves platform in several meaningful capacities, and continue to roll out the details of our involvement
Currently we’re in the middle of our IEO for our SCOneX Token on the ProBit exchange
Q5) please tell us about SCOneX token, Currently on which platform SCOneX is available?
SCOneX Token is our Sport Utility Token for the global sports industry. It is essential to facilitate transactions across athletes, teams, clubs, brands, and business partners.
We’re currently offering it on the ProBit Exchange. The 1st two rounds sold out in under 48 hours! Due to increased demand we decided to roll round 4 into round 3 and offer an additional 13,000,000 SCOneX tokens starting tomorrow, Tuesday April 13, at 8am CET on the ProBit Exchange
We’ve been approved by the Waves Association as well!
Q6) Please Brief us about the Roadmap of SPORTCASH ONE, it’s completed and upcoming events.
Creating the DEX, Social Network, and growing our community of engaged users was the essential foundation for Sportcash One and will continue to be a priority as we expand.
As we look a bit to the future, we’re excited about continuing the rapid pace of our IEO on the ProBit exchange and the investment incoming. We’re excited to continue to create TAAS products for our business partners, and generate NFTs for clubs and media. Due to the success, and continued success of the SCOneX token we’re eager to roll out its full-suite capability and token use cases
Segment 2- Questions from Twitter
Q1) How the SPORTCASH ONE patronage the athletes, teams, and leagues to get benefits from it. Can you briefly tell about SCOneX token? What is plan in the future? Can you share about your partnerships for success?
Tokenization-As-a-Service allows patrons and communities to directly engage and raise funds for sporting assets they support. From governance, to voting rights, to investment in appreciating assets, these tokens are the gateway to scaled growth. Furthermore, the SCOneX token truly is at the core of the “patronage” of athletes, teams, and leagues for the SCOneX ecosystem. The growth and we hope continued success of our IEO means we’ll be able to complete the use cases of the SCOneX token across our multi-vendor shop, and as a tradable asset for crypto currencies on our DEX and Custom Wallet.
Some Partnerships moving forward include; Jay Bothroyd (English International, and Premier League Player), Automotive Industries, Waves Association Approval, and more to come this week ;)
Q2) Would you agree with me that adoption and utility are key factors to a project’s survival and success? What’s being done to drive global adoption of project amidst crypto regulations, legislation, and competition?
Yes, I would agree with you. We start first and foremost with our community. We’ve started with a core group of loyal athletes, supporters, brands, fans, and team members to grow our vision. I’ll say it again, community is vital for our success, and we do everything in our power to promote, grow, and provide opportunity for community members.
Crypto is growing daily, however it has only just scratched the surface of the sporting industry where we’ve been for nearly two years. We offer a unique full-suite of custom tech products across a variety of customer segments and this allows us to compete authentically without copying features of competitors.
It’s important to note, Sportcash One is a completely international and decentralized team with team members in Italy, USA, Russia, UK, Netherlands, Caribbean, and athletes and business partners the world over
Q3) All project’s coins have their main Utilities & real-life use! So, can you tell us what the main role of your coin is in your ecosystem? Explain its Utilities & Real-Life use cases? and Why should I invest in your coin for the long term?
SCOneX tokens offer utility in our exchange as tradable, rewards-generating, and gamified assets
Holding a token offers unique entitlements creating additional value for the entire ecosystem
One DeFi product we offer and will announce formally via our telegram and social platforms is “Staking” or “Staking-as-a-service” whereby holders of the SCOneX token can stake their token for up to 30% APY
I would encourage anyone interested in staking to check out our IEO on Probit for the unique offering we’ve created in partnership with their exchange. Act quickly we’re only offering Staking on the Probit exchange for a limited time.
Q4) Revenue is an important aspect for all projects to survive and maintain the project / company. What is the way to generate profit / revenue of token? What is the income model?
The reality is on-boarding the sporting industry to DeFi offers an incredible variety of monetization opportunities for the entire ecosystem. From our perspective it is important to maximize alignment of incentives such that all stakeholders are fairly and accurately rewarded for their contributions. We’re focused on eliminating wasteful intermediaries and leveraging our tech platform, and SCOneX token such that value is retained by our investors, athletes, teams, brands, and partners.
Q5) What’s your vision ultimately? What is project trying to achieve in the longer term and how do you plan to get there? How will your ultimate vision and mission make a difference in the world?
It’s a great and important question.
I think what gets us excited to wake up and work on Sportcash One every day is the possibility of a more equitable future
Sportcash One democratizes access to sporting opportunities and the value generated by sporting assets for communities
Our Blockchain and crypto technology affords a remarkable overlap where the flow of capital provides opportunities while simultaneously generating appreciating assets. This is not always the case, and when done correctly truly is a beautiful thing
Simply put, Sportcash One leverages blockchain and crypto technology to offer democratized access of opportunity while maximizing value creation and retention for an entire ecosystem
Segment 3- Live Telegram Session
Q1) I’m not an athlete nor a fan, but just a member of the community. How will I be involved in building Sportcash One? do you have any kind of community engagement program?
Hi Karoceh, you can buy SCOneX token and be an investor, you can join our social network as a fan, you can buy and sell products via our multi-vendor market place, or you can join our social channels and share your feed back and opinions
Q2) So, does you have any plan for burning tokens in the future to reduce the supply of the token and increase its investment attractiveness?
Hi yes, we’re committed to maximizing the value of our token and sustaining it for the long term. We plan on burning a portion of our token in the future, and to limiting its supply for programmed digital scarcity
Q3) Marketing is a main element for all project, that everyone can know what you want to achieve. So what is your strategy to attract new users and investors to your project and keep them long term?
Marketing is critical for adoption. We’ve grown our social and platform with a small amount spent on marketing. Organic growth and the power of our athletes, and their association with blockchain technology has been a great unlock for our project. 31% of the revenue generated from our Token Sale will be spent on marketing and promotion moving forward. We’re confident in our capacity to scale and grow!
Q4) Almost 4/5 of investors are focused purely on the price of token in short term instead of understanding the real value and health of the project. Could you tell us on motivations and benefits for investors to hold your token in long term?
Yes, it is important to maintain the long-term value our token. We deliberately did not do an airdrop or presale of our token because we want to avoid pump-and-dump and to provide sustainable growth for our business and token. We’re confident at $0.10 that HODLers of our SCOneX token have tremendous opportunity to grow their investment by staking SCOneX tokens and holding them for a long-time horizon.
Q5) Tell us about your plans for 2021, what are you currently working on, and are you going to expand the list of big exchanges?
Currently we’re focused on our ProBit Exchange which is in its final round starting tomorrow! We’ve partnered and been approved by the Waves Association to list our token after our IEO and will list the token on exchanges for trading in the future.
We’re focused on providing value for our token holders, and preventing selling pressure to maintain long-term value and appreciation of our token for our community
Q6) What is the mechanism for brand tokenization if I am a gamer who wants to create our own token on Sportcash OneDex?
will it be a SCONEX token?
We offer both services. You could create a custom token which we would help you create, sell, and market, or you could leverage our SCOneX token to reach your customers and sell your products. We customize our products based on your needs
Q7) Can you explain how is your Tokenomics Distribution? How many tokens Will be minted ? And How many tokens Will be locked by the team?
Total Supply: 100,000,000
ProBit IEO: 20,000,000
We’re focused on burning a portion of the tokens and limiting the supply to maximize value.
More Information about SPORTCASH ONE:
Website: https://sportcash.one/
Twitter: https://twitter.com/sportcashone
Telegram group: https://t.me/sportcashone_group
Medium: https://medium.com/@sportcashone
YouTube:https://www.youtube.com/channel/UCfr2_ZUx5c5ThR8A56wRCpA
Facebook: https://www.facebook.com/sportcashone
LinkedIn: https://www.linkedin.com/company/sportcashone/
Instagram: https://www.instagram.com/sportcashone/
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