Tokenomics

$SPRT as a Governance Token

A portion of the revenue from Sportium’s NFT sales will be used to buy back $SPRT tokens, while the rest will be accumulated in the Treasury contract. We’re going to enable a decentralized governance structure where the $SPRT token holders’ participation will be gauged and carried out based on the token amount in their wallets.

$SPRT as a Utility Token

Because of Sportium's goal of becoming the intermediary that'll connect other sports NFT projects, we're envisioning $SPRT to be eventually aligned with tokens from other projects accordingly.

$SPRT in the Future

An important part of Sportium's business model is the revenue sharing we're planning to procure by providing full-stack NFT services to our sports NFT project clients. In the future, we believe that the currently prevalent fragmentation problems among sports IPs will be mitigated by various APPs and services that Sportium will be able to provide to each of the platforms' holders. Resultingly, we expect to observe justification of $SPRT's value and usage across our partner platforms.