dCombat - MMA On The Blockchain
WHAT DCOMBAT DOES
dCombat's goal is to maximize the value of MMA in a new technological environment. The organization overcomes obstacles commonly encountered in both MMA and the financing thereof such as fight regulations, betting restrictions, bribes, liquidity problems and more. All of this is made possible by full automation through smart contracts and DeFi protocols and by applying sound media production routines.
The organization's initial phase serves as an incubation period for the launch of the DAO. Upon DAO launch, the organization's 'physical' incorporation in the UK will be dissolved and the company will transform into a full DAO, handing over unrestricted ownership to its Token Holders. The protocol for the DAO will be automated by smart contracts by consensus, governed through proposals and voting systems that Token Holders take part in.
After the launch, the organization's developers and original founders will stay in board as DAO shareholders, whose activities include:
- Developing and maintaining the platform and its protocols
- Organizing content production in cooperation with other organizations
- Organize and maintain partnerships with affiliated production companies that facilitate production & broadcasting solutions
- Building an active community of viewers, owners and Token Holders whose participation is paramount to the success of the project
- Producing revenue through rental & sale of dCombat-owned NFT assets for a markup
- Maintaining Token Holder participation by passing proposals and voting
- Coordinating research and development for Token Holders and participants in the DAO to arbitrage on yield generation by competitive metaverse-related staking
OUR VISION
dCombat combines the best of two worlds: The staying power of MMA and the financial freedom of blockchain. MMA takes entertainment to a new level and is the natural choice for decentralized finance because it gravitates toward minimal regulation, maximum performance and solid competitiveness. Blockchain enables new financing, liquidity and ownership solutions that have been so far lacking in MMA. The combination creates an ideal growing ground for financial gain & high-performance martial arts entertainment.
As a revolutionary project, dCombat blurs the lines between reality, entertainment and money. Its spot is in the metaverse between blood dripping ring violence and high-tech financing. We seek to change not just the way MMA is financed, produced & broadcasted, but also how it is owned. As a DAO Token Holder, you are a direct owner of the organization. This creates the best outcome both for fighters, producers and the audience, who make money watching the greatest fights ever seen.
WHEN UFC FEELS OLD AND TAME, DCOMBAT IS YOUR REMEDY
As a Token Holder you:
- Get the select the fight matches yourself
- Vote on match outcomes
- Crowdfund bribes to help your fighter win or lose- here it’s all in the open
- Make serious money enjoying MMA as a viewer while you own the show
CONTENT IS KING
In dCombat, fighters and viewers are content creators in their own rights. Both contribute what they do best to reach the maximum of financial gain and entertainment value.
BLOODSTAINS ACROSS THE METAVERSE
While dCombat can be compared to metavese projects like Decentraland, dCombat blends both worlds in more fluid way. Moreover, while most metaverses out there are whimsical dreamscapes, in dCombat violence is golden. If you are tired of cute rainbows and pet coins, dCombat is the eye gouging, brain splashing remedy you’ve been looking for!
We bring back danger to the blockchain world. Let's hear it for violence in the metaverse!
STATE OF THE MARKET
The MMA industry has seen amazing revenue increases the past year. In spite of Covid-19 lockdowns and the impossibility of proper live events, online content has reached staggering turnovers in 2020 and 2021. This is an ideal growing ground for dCombat in that there are many money streams waiting to be tapped into and a sports sector ready to be taken onto the blockchain.
In an industry market valued in excess of USD 26 billion, dCombat will claim its market share by revolutionizing content production, delivery, financing and ownership.
While still new and constantly changing, NFT sales the pasty year topped an amazing 2 billion USD. dCombat will launch its collectible NFTs in conjunction with its first matches. NFTs will serve both as collectibles and as tickets that can be actively traded by owners. When sold as a match ticket, the NFT takes on a derivative characteristic that is influenced by its time-limitation and can be used as an underlying for derivatives such as options and forwards.
BUSINESS MODEL
As technology has helped people move their lives online, so dCombat helps to leverage this new dimension to the fullest by taking MMA to the blockchain and consequently to web3.
How the organization makes money:
- One revenue stream of the DAO will come from leveraging dCombat owned NFT assets, either directly or indirectly, via a rental program where stakeholders utilize the assets in exchange for a share of the rewards
- Another stream of revenue will come from a subscription system offered to the general public that is not yet involved as Token Holders and which pays all Token Holders dividends
- The DAO's own dCombat currency (dCombat Coin) can be traded on all major exchanges including Kraken and all major Decentralized Exchanges
- Affiliated production and broadcasting companies pay platform fees to access the ecosystem
VALUE PROPOSITION
The dCombat team will work on:
- Development of the platform & protocols
- Develop system for fighters, sponsorships, reward programs
- Distribute token grants
- Develop core activities of rentals and yield
- Reinvest in crypto assets
Value Generation:
- Yield gained from subscriptions
- Yield generated from active rentals and refinancing through NFTs
- Rewards generated from merchandise sales
- Rewards generated from sponsorships
Token Utility -Tokens can be used to:
- Stake dCombat for token rewards related to overall activities
- Stake dCombat for rewards related to specific activities
- Stake dCombat for exclusive content
- Stake dCombat to vote and participate in DAO
- Stake dCombat to subscribe to exclusive deals and merchandise
- Use tokens to pay for services in the network
DCOMBAT TREASURY
The role of the treasury is to oversee the management of dCombat assets and to maximize the value returned to DAO Token Holders.
Financial Activities:
- Reinvestment in assets including cryptocurrencies, virtual assets in metaverses, SAFTS, and NFTs to contribute to the development of metaverse economies
- Arbitrage farms to maximize yields
- Manage locked, unvested, undistributed tokens of all parties
- Perform financial operations such as accounting, audits, reporting and tax
- Investment in other DAOs related to the martial arts and fintech The treasury is managed by two co-founders with a multisignature wallet.
FUND RAISING
All initial token sales proceeds will be held in escrow by Eversheds Sutherland in London, UK - one of the most prominent and secure law practises worldwide.
dCombat has secured USD 100,000 in a Series A seed round that was used to establish the basic development foundation for the project. Additional funds to be raised during the ICO crowdsale on the 20th of November, 2021 will be used to complete the technical solution and the marketing thereof. The organization's launch goal is a soft cap of USD 2,900,000 which will be used to launch the platform, commence production of the first matches as well as create a financial growing ground to see the token appreciate.
- Maximum Token Supply Cap: 1,000,000,000
- Soft Cap Goal: USD 2,900,000
- Hard Cap Goal: USD 10,000,000
If the soft cap goal is not met, the organization will refund all token purchases.
During the ICO crowdsale, the price per token is set at BNB 0.00012 (Binance Coin).
PROJECTIONS
• Upon launch, dCombat is valued at a market value of at least USD 50,000,000, a figure derived by comparing the relative market share of startups in the sports sector, which both shows great growth potential and low fragmentation relative to DeFi integration
• The dC Token is projected to trade at $0.30 as an opening price once listed on all major exchanges
Links
Website | Whitepaper | Twitter | Github | Tumblr | Linkedin | Discord
My Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=423449
BSC Address: 0x459BfBFaeF4b36a09CBb220804195A45d40b3ce3
Hashtags: #bsc #startup #blockchain #dcombat #mma