- Heavyweight boxing champion Oleksandr Usyk has initiated a collaboration with Qmall to create a blockchain-powered platform called Ready to Fight, which will tokenize boxers' careers.
- The platform is backed with a proprietary RTF tokenomics ecosystem built on Ethereum's blockchain.
- Ready to Fight has formed a strategic partnership with the World Boxing Council to incorporate digital technologies in the boxing industry.
Oleksandr Usyk Teams Up with Qmall to Tokenize Boxers' Careers Through the Ready to Fight Platform
A New Dawn for Boxing
In a groundbreaking fusion of technology and sports, undisputed heavyweight champion Oleksandr Usyk has taken a bold step towards the digital transformation of the boxing industry. Usyk, in partnership with the cryptocurrency platform Qmall, has announced the launch of Ready to Fight (RTF), a trailblazing blockchain platform designed to tokenize the careers of boxers worldwide.
Ready to Fight implements an innovative RTF tokenomics system based on the secure and transparent Ethereum blockchain. This new ecosystem is built with the intention to empower both amateur and professional pugilists alike, allowing them to connect with fans, sponsors, and stakeholders in unprecedented ways.
The Knockout Punch: Tokenomics and Blockchain
The RTF platform aims to revolutionize the business of boxing by offering a tokenized structure where fighters can take their careers into their own hands. Through this system, athletes can issue personal tokens, enabling them to secure funding for training, equipment, and other expenses without surrendering their independence or a portion of their future earnings.
Investors and supporters can purchase these tokens, betting on the athletes' success and potentially reaping rewards as the fighters achieve victories and milestones. Moreover, the RTF token provides a means for fans to be more intimately involved in the sport, offering voting rights on certain decisions and a deeper level of engagement with their favorite boxers.
A Strategic Alliance with the World Boxing Council
Further legitimizing its mission, Ready to Fight has clinched a strategic partnership with the World Boxing Council (WBC), one of boxing's most respected organizations. The collaboration signifies the WBC's commitment to modernizing the industry by utilizing RTF's digital solutions for global boxing promotion and management.
The partnership involves a memorandum of understanding wherein both parties will work together to foster the growth of the sport through such novel technologies. This move by the WBC is a significant endorsement of blockchain's potential within the combat sports arena and underscores its willingness to embrace innovation for the betterment of the community.
With these strides, Ready to Fight is poised to deliver a significant impact on how boxing careers are managed and how the sport reaches its global fanbase. This initiative marks an ambitious foray into a future where technology and sportsmanship go hand in hand.