Digital SPORTS Initiative
The global sports industry is a market in which people, activities, business, and organizations involved in producing, facilitating, promoting, or organizing any activity, experience, or business enterprise focused on sports.
The CURRENT Global Sports Market is valued at more than $500 Billion, with estimates to rise by more than 20% by 2027. As there is a massive shift towards digital business and commerce, the global sports market is grossly under-served in this area… until now.
Flag Sports Initiative Metaverse Home
FST was minted on the Flag blockchain with a total supply of 1 billion tokens and all key security features such as mint and destroy, anti-spam, anti-sniper, whitelist, blacklist, and wallet freezing capabilities to prevent fraud and theft.
FST was developed to support the entire Sports Initiative with the value of the token tied to the numerous projects under the Flag Sports umbrella. These projects include merchandise, fan events, special offers, elite experiences, sponsorships, corporate partner offers, and NFT collections. A portion of proceeds from company-managed projects will go into a pool used to support FST in the market.
The Flag Sports Initiative and the FST Token
Programs for Partners
We OWN the blockchain and as such, can be flexible with creating custom programs to meet the needs of individual athletes and other sports-industry participants.
Our program provides substantial benefits:
Mint and display NFTs or a custom NFT collection on Flagpole at no cost
NFTs/collections will be displayed in an exclusive area of the marketplace
Grants of FST tokens for participation (average participation grant = $50k)
Earnings from NFT pools and other Flag Sports digital initiative projects
Ability to tie FST and NFT programs to athlete’s foundation(s) and charities
Use NFTs for sponsors, partners, events, special offers
Athlete partners are eligible for their own custom tokens minted by Flag at no cost
The Flag Digital Initiative project will have its own website and each athlete program will have promotion and placement on the new site
Each athlete-partner will be eligible to receive their own verified, branded group and/or channel in Flag Social