Main Features of SD³ Coin ($SD3)
Sports D³ Ecosystem is where sports fans & investors are able to interact with sports clubs on two levels:
1) Marketing, Merchandise-Related Digital Content, Brand Awareness & Fan-engagement, where sports fans can interact with their favorite sports teams or athletes through the use of NFTs & Fan (Utility) Tokens. Fan-tokens issued by sports clubs (e.g. FC Shakhtar token) will allow its holders to participate in polls, surveys, loyalty programs, and other forms of Clubs-to-Fans engagement.
2) Investments (coming at a future date): Participation in the sports economy through Security Token Offerings (STOs), which allow fan-investor to acquire financial position(s) that entitle token holder(s) to a %-share of Economic Benefits associated with the tokenized asset(s). These are fractional ownership rights similar to traditional equity or debt instruments.
All users on Sports D³ Platform are required to use $SD3 Token in order to gain platform access and participate in offerings on the platform, such as:
- Initial Token Offerings (ITOs) administered by sports clubs on the platform
- Minting and purchasing Club E³ (NFT) Offerings
- Use of $SD3 token as a settlement currency to pay platform usage fees, commissions, sports merchandise purchases, and designated investments.
- Earn a passive income from collecting network fees
- Participation in Polls, voting on clubs to be added to the platform
- Deflationary20% of platform fees used to buyback/burn SD³-Coin
- Final Settlement AssetAll transactions, auctions, and E³ offerings are settled in SD³-Coin
- A Governance TokenSD³-Coin allows stakeholders and its community to grow and evolve the SD³ Platform
A 1.5% tax rate is embedded within the smart contract that powers the $SD3 token and is charged against every transaction with the token. All proceeds of this tax burden are automatically accumulated on a pre-determined and publicly available Ethereum address.
SD3 Community of token-holders will be able to benefit from the funds aggregated through this tax scheme as 100% of the proceeds will be allocated to community incentive programs, e.g. staking rewards, annual token burn, etc. Token-holders will be able to audit and verify the total balance of funds in the tax account at any given time by checking the public address on Etherscan.
- Third-party exchanges
- LP farming and/or staking
- Governance staking/voting rewards
- on Sports D³ Platform
- via established centralized exchanges (CEX) where SD3 has listing arrangments
- via decentralized exchanges (DEX)
Secondary sales of SD3 tokens may be subject to a lockup period or regulatory restrictions.