Front offices of sports franchises are inefficient. They take weeks/months to create/negotiate contracts and forget player payments.
We want to integrate Cardano smart contracts into the sports industry and carry out payments automatically with trusted data.
This is the total amount allocated to Sports Industry Smart Contracts.
We are creating a DApp that sport franchises/professional players can utilize to organize, create, and carry out their contracts.
The payments within these contracts can be easily confirmed and carried out through connections to APIs within the sports league of the subscriber. As an example, in Bob's contract he receives 1000 dollars as his goal bonus. As it is now, this payment takes about a month or two to hit his account, much to the players dismay. In a smart contract connected to the API of his league, this payment could be confirmed as soon as he scores the goal with no third party having to carry out the manual work required in the current system.
As a professional soccer player myself the plan would be to build out the platform and smart contract with the help of players, General Managers, front office staff, and agents (all of whom I am connected with closely) to provide the optimal solution to make the sports industry a much more efficient place to do contracts.
This idea need not be limited to playing contracts, but also endorsement, broadcasting, and licensing deals that happen frequently for sports players and franchises.
10000I am a professional soccer player that knows this is a problem and am part of a team of 4 developers with the needed skillsets for this idea