'300FIT' is building a web3 sports ecosystem based on SportsIP.
We are creating a world where athletes and fans communicate more closely through the process of digital assetization of the unique charm of sports.
300FIT is creating a healthy ecosystem through sports with the best partners such as Samsung Electronics, Bithumb, Bittrex, Upbit, and Neofin.
In addition, 300FIT holds NFT business rights for domestic and international sports competitions such as Beijing Winter Olympics Team Korea NFT and World Aquatics NFT, and provides a web3 sports platform with sports IPs of 70 domestic and foreign athletes, including Olympic stars.
We don't just play the sport,
we own the moment.
300FIT is a digital assetization project of sports IPs.
The ecosystem, which started as a digital content of athletes' athletic knowledge among their assets, is expanding to sports NFTs to build a digital asset ecosystem of sports IP.
It builds a new web3 sports ecosystem as NFTs by creating digital contents such as athletes' athletic know-how, records, and stories.
There are four parties involved in the 300FIT ecosystem.
First the user, second the sports IP provider, and finally the advertiser.
First, between the user and 300FIT
Users are rewarded with NFTs when they work out in the app or complete missions.
Users must purchase the 300FIT Membership NFT to secure their reward rights.
NFTs can be purchased through FITs issued by 300FIT.
Second, between sports IP providers and 300FIT cases
We operate the 300FIT NFT Marketplace. Providers provide IP usage rights to 300FIT to issue their NFTs. 300FIT creates and issues NFTs based on the provided IP and pays a portion of the sales revenue as an IP license fee.
Third, between the advertiser and 300FIT
Advertisers need to pay a fee in FIT tokens to start advertising on the app.
These three use cases are practically out-of-the-box models, and we will work to expand the token ecosystem further within the app, our online section.
FIT is the native utility token:
- Earn reward tools by participating in the 300FIT network ecosystem.
- Used for governance voting to determine content IP (sports NFTs).
- Used for payments in the NFT marketplace