SportVEST

Overview:

SportVEST project is trying to improve the Venture Capital (VC) business fund model to help them invest in sports related start-up companies. Since the sports sector is expanding day-by-day due to rapid evolution of sport technology, with athlete enhancement tools and new-age fan experiences, the investment in the sport sector is also experiencing a hype. By integrating blockchain in the VC model will provide more liquidity in the model and improved valuation measurement tools. SVE token will be used in this ecosystem. This token will be used to invest in blockchain and non-blockchain sport start-ups.

SportVEST Valuation Metrics:

The SportVEST venture fund will be valuated using traditional Net Asset Value (NAV) method, a Brand Equity Algorithm and the price of Power Law Sales of the Portfolio Companies. The estimation which will come out by using these price sampling methods will also include noise. The noise here is referred to market inefficiencies and biasness due to humans. To remove the noise SportVEST has developed its own extension of Kalman Filter Algorithm.

Advantages of SVE tokens:

• The distributed nodes of blockchain assures that transactions will process be processed without the interference of other effects.
• The VC model will get advanced portfolio measurement tools which eliminates the human biasness and subjective judgement. Valuation will be carried out by Power law valuation method and brand equity algorithm.
• The SVE tokens provide more liquidity as they will traded on public crypto exchanges. This enables VCs to exit early as compared to existing model which takes 5 – 10 years.
• The token holders also have the choice to sell the tokens back to SportVEST. The tokens will be burned thus increasing the stability of SVE tokens.

Team:

Ben Godfrey Founder & General Partner
Founder, General Partner and Advisory Board member: Manages the overall direction of SportVEST in order to increase the company’s market share and SVE Token valuation. 20 years’ experience: HSBC, Merrill Lynch, Deutsche Bank and Credit Agricole managing in excess of $1Bn (USD).

Eamonn Donlyn Board of Directors
12 years of experience: Federal Reserve Bank of Boston, Technology and strategy management consulting working for HP, IBM and Goldman Sachs. Multiple blockchain portfolios as a VC, Hackernoon Blockchain writer, Speaker on the blockchain IOT circuit.

Tim O’Brien Chief Technology Officer
20 years’ experience: Architect of mission critical tools and processes at Google R&D, Raytheon, City Group, Deutsche Bank, Bank of Tokyo, Danske Bank, Philips Health, Cerner Health, Norwegian Air Continental Airlines, Lockhead Martin.

Token Matrix:

Token – SVE
Total Supply – 120 Million SVE
Price – $1.10 USD
Soft Cap – $6.5M USD
Hard Cap – $60.5M USD
ICO – TBA

Verdict:

Pros:
• The team behind the project has experience in many fields such as blockchain, finance, corporate compliance, marketing, venture capital, etc. The team members have earlier worked in companies such as City Group, Deutsche bank, HSBC etc.
• There are 5 advisors for this project having different backgrounds such as economics, finance, sports management, fintech etc.
• The project has partnered with CloudFlare, ICO Crowd, Beyond Sports Network Foundation and Identity Mind Global.

Cons:
• The social media hype of this project is very low. It has around 100 members on Telegram and around 2400 followers on Twitter.
• The whitepaper of this project consists of Financial language which is difficult to understand for a non-finance background reader.
• The MVP of this project is currently not available.
• The telegram group of this project is not active 24/7 and the queries remain unresolved.

Website: https://sportvest.io/
Whitepaper: https://sportvest.io/sportvest_whitepaper.pdf
Telegram: https://t.me/sportvest
Twitter: https://twitter.com/SportVESTico
ANN Thread: https://bitcointalk.org/index.php?topic=4631724.0

Bitcointalk Username - phatpharm20 
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2038562
ETH address-0x1cff5da802703815aea69be79491c636369d0d1f