As technology advances, many industries are making the leap to get into the crypto space. Nowadays, football, basketball, hockey, and various other sports connect themselves to the crypto market in one way or another.
By providing this type of change, crypto gives a chance for many people to support their favorite teams and players. Furthermore, users can also engage with them at times.
This is all possible through a DAO (Decentralized Autonomous Organization) that brings people closer. The DAO is a system based on a mechanism owned and maintained collaboratively by its members. However, the built-in treasuries within the ecosystem can be accessed only through the group’s agreement.
This may seem impossible but with the platform such as Locker Token it’s real.
What is Locker Token and its primary function?
The $Locker D-App is a white-label entrance to the New Digital World of Crypto and Blockchain for professional sports teams and players. This decentralized application has been designed so that it would leverage the greatest DeFi capabilities currently available and package them into user-friendly software that can be customized for various Teams and Sports businesses.
Aside from its primary function, the App will have an NFT Marketplace where clubs and players can mint NFTs on their mobile devices and instantly make them available for fan purchase with Locker Tokens.
What are the problems that they can solve?
The Locker Token team aims to tackle the major issues in matters such as salary payments, international payroll, education, easy access, adoption and integration, along with bonus payables by providing amazing alternatives desired by both teams and players.
Locker Token proposes:
- No requirement for a third party to manage funds
- Simple deposit and withdrawal (Fiat – Crypto)
- Secure and transparent instant transactions
- Funds saved on high-interest Yield Farming pools, using the Locker D-App, earning up to 15% APY
- Escrow holding with pay-outs dependent on bonus milestones
- A marketplace that allows players and teams to instantly mint and sell NFTs via mobile devices and make them available for fans to purchase using Locker Token.
- Send and receive funds instantly from anywhere and anyone in the world
- All of this can be done inside the Locker App
Locker Token has big news
Even though they’re new on the crypto market, they’re announcing strategic partners from both the sports and crypto industries, a private sale, Locker adoption, the deployment of the decentralized Web&Mobile app, the public sale, IDO, and IEO.
Aside from these events that will happen on the platform and take place in the first half of the year, they’re thrilled to have several wonderful ambassadors on the platform as supporters. The ambassadors are Alexei Yashin, Phil Esposito, Carol Alt, Tyler Seguin, Morgan Ellis, Jayce Hawryluk, Brandon Gormley, Josy Jooris, and many more.
Ending Note
If you’re a fan of sports, you should be part of this project as it has great potential to change the dynamics between fans and sports in the crypto world.
To have full access and stay up to date, follow them on Twitter, Instagram, or Youtube and check their website.
