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WSPORTS: World of Sports With Decentralised Finance
Cape Coral, Florida–(Newsfile Corp. – December 7, 2021) – With all the hype around DEFI 2.0, a lot of unique and groundbreaking projects are sprouting in Decentralized Finance throughout the crypto space; Watch Sports (WSPORTS) is one of the upcoming projects in this cycle. They are merging the world of sports with decentralized finance to bring their viewers the first DEFI sports project on the versatile and easily accessible Binance Smart Chain with huge rewards!
Figure 1: WSPORTS: World of Sports with Decentralised Finance
Sports broadcasting is changing. Until recently, OTT (over the top) streaming platforms featuring live events were few and far between. However, today, more and more opt-out to cut their cable chord, spurring the popularity of streaming platforms.
Sports events were not common on “over the top” (OTT) platforms up until the last few years. Viewers were forced to remain tethered to their cable subscriptions by the major sports leagues.
In many countries, an appetite for live sports remains high even if the desire to attend live sports events is suppressed by the danger of the pandemic, thus depleting the revenue earned through selling tickets and passes to these events exponentially. Not only that, but in recent years, traditional sports are facing some difficult times; the world has seen empty ballparks and stadiums that symbolized the challenges of the past year. It gets worse when looking at the changing habits of viewers, with more than 6 million people dropping their cable subscriptions each year.
STREAM UNLIMITED SPORTS
Users can watch thousands of sports events live in HD quality on all devices! Football, NFL, NBA, NHL, UFC, Boxing, WWE, Tennis, MOTO GP, Formula 1, Cricket, and more. Users can access live TV channels 24/7 on their phone, tablet, laptop, and TV without paying more, and watch anywhere in the world with no GEO Restrictions.
PASSIVE INCOME FOR LIFE
Holders need to be rewarded, and WSPORTS allows their holder to earn a static 5% on every transaction made by others just by holding $WSPORTS, which is a BEP20 token native to WSPORTS, Holders can also request rewards in coins other than MGD from an easy to use user-panel. Instead of choosing BNB, users can get the equivalent reward in the token of their own choice.
WEEKLY MATCH TICKETS
$WSPORTS will award at least 3 lucky winners match tickets to the game/sport of their choice every week. Also, VIP box tickets to cup final games will be up for grabs where all the expenses will be awarded 5-star accommodations; this is also for weekly games.
REWARDS & RE-INVEST
WSPORTS has a built-in user panel on their website that offers a tax-free buyback option, which further allows the holders to automatically re-invest their BNB rewards into WSPORTS without paying any tax. This works as a multiplier or an amplification for the passive income users are already earning through holding the token.
ANTI-SELL OFF
The anti-sell off feature makes it impossible for a user to sell all of their balance. No matter how little the amount, there will always be some $WSPORTS left in their wallet. Once a user buys $WSPORTS, they will forever be a holder as one can only sell 95% of their balance at any point in time. The project is still in its infancy and was able to fill in 1500 BNB in under 10 minutes.
TOKENOMICS
WSPORTS has a Max Supply of 1 billion, only out of which 5% has already been burnt so far. $WSPORTS has a limited supply to make sure inflation is kept under control, where 10% of every transaction is taken and redistributed as follows 5% to $WSPORTS holders in form of any coin of their choice or BNB rewards as default, 1% goes to liquidity pool to stabilize it further and 4% to development and marketing to ensure capability in supporting the team.
WHY WSPORTS?
The internet spectrum offers countless digital content, online sports being one of them. Digitization and online streaming have changed the meaning of the entertainment world; streaming platforms for sports are a blessing for viewers. It is an attractive option as finding the right sports streaming site can be an overwhelmingly tedious task, This is where WSPORTS steps in with the cheapest subscription being just at $4.99 for a week, which offers High Definition (HD) streams with 24×7 channels and up to 2 devices allowed for simultaneous viewing on multiple devices. There are more subscription plans available to cover any need.
Links:
Website: https://watchsports.finance/
Telegram: https://t.me/wsportsofficial
Twitter: https://twitter.com/TokenWsports
Media Contact:
Dave Ruiz
Telegram: https://telegram.me/cryptokidfinance
[email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/106936
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eWTP Arabia Capital’s Technology Fund I Recognized as Top Performing VC Fund in the Preqin League Tables
RIYADH, Saudi Arabia, May 19, 2024 /PRNewswire/ — eWTP Arabia Capital Technology Fund I (“Techology Fund I”), managed by eWTP Arabia Capital (“eWTPA”), one of the leading private equity firms in the Middle East, was listed in the Preqin League Tables as the the fifth top-performing VC funds in the US$250 Million to US$499 Million category by net Internal Rate of Return (IRR) for vintages between 2015-2020.
“We’re delighted by the recognition of our Technology Fund I as a top-performing VC fund in our sector,” expressed Jessica Wong, Founder and Managing Partner of eWTPA. “This milestone underscores the commitment of our team and the robustness of our investment strategy. It also underscores the significant growth potential of the Middle East and North Africa market, particularly in Saudi Arabia, warranting attention. As a pivotal driver of technological advancement in the region, we’re steadfast in our mission to empower entrepreneurs and deliver value to our investors.”
“Being recognized by Preqin validates our hard work and dedication to supporting and actively contributing towards building the Saudi digital ecosystem,” said Jerry Li, Founder and Managing Partner of eWTPA. “As eWTPA continues to grow and expand its investment portfolio, it remains committed to fostering innovation and driving positive change in Saudi, the GCC and the global emerging markets ecosystem.”
eWTPA has demonstrated exceptional performance, solidifying its position among industry leaders. This recognition underscores eWTPA’s commitment to identifying high-potential market opportunities and generating returns for its investors.
The Preqin League Tables are regarded as a comprehensive and authoritative ranking system for private equity and venture capital performance. Preqin, a leading data provider in the alternative assets industry, compiles these league tables based on various performance metrics, including net Internal Rate of Return (IRR) and other key indicators.
eWTPA’s success reflects its strategic approach to investing high-growth sectors in the MENA region. The firm’s portfolio includes a diverse range of companies poised to make a significant impact on their respective industries.
Acting as a bridge between Asia and the Middle East, eWTPA’s Technology Fund I has achieved significant success since its inception in 2019. The Fund has invested in over 18 companies, several of which have successfully established themselves in KSA, like J&T Express, Raha, Sahm and COFE.
About eWTPA:
Founded in 2019, eWTP Arabia Capital is an investment firm based in Saudi Arabia and China. Backed by marquee regional and international Sovereign Wealth Funds, Institutional investors, and family offices, eWTPA helps create robust local digital ecosystems in the MENA region by partnering with market-leading international businesses and providing a gateway for these companies to establish a strong and sustainable presence in the region. To date, eWTPA has invested in over 18 companies, 13 of which have already established themselves successfully in KSA.
Media contact:
Haile Liao
+966 0530868568
[email protected]
Photo – https://mma.prnewswire.com/media/2416426/eWTP_Preqin.jpg
View original content:https://www.prnewswire.co.uk/news-releases/ewtp-arabia-capitals-technology-fund-i-recognized-as-top-performing-vc-fund-in-the-preqin-league-tables-302149554.html
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