World’s first Launchpad for Sports Federations

Legend by LEVERADE
3 min readJan 10, 2022
  • We are introducing $LEGEND token for federations around the world, that will allow them to create their own cryptocurrency and sell their NFTs.
  • The system introduces new financing channels for associations and new forms of exchange between all stakeholders in the sports community.
  • We haveopened the waiting list for the sale of 34 million tokens after surpassing their initial funding target with over €1 million during the seed and strategic phases.

For 6 years, LEVERADE has been creating the technology & tools used to optimize daily operations and management across sports entities and athletes.

We pride ourselves in our track record with over 90+ international federations currently using our services across the globe, with over 40 million sports matches organized using our apps and more than 10 million marks in sports like swimming and running being processed every year.

We’ve come a long way since we first started out. This year, however, we’re going even further.

All the way to the blockchain.

LEVERADE will become the first Launchpad for Sports Federations. We will allow any federation in the world to launch its own cryptocurrency and NFT, thus opening more sustainable and transparent ways to capture value and new forms of exchange between all stakeholders in the sports community, from leagues to fans, clubs, and athletes themselves.

Federations will be able to use these mechanisms to enter the crypto world and benefit from a wide range of services, applications, and funding avenues such as ticket and merch sales, premium content, VIP experiences, or even the creation of a fantasy league with real profits on their token.

“The tokenization of federations is a critical step towards the wider adoption of blockchain technology in the sports industry”, stated LEVERADE CEO Antonio Romero. “It allows addressing some of the most important issues in the sports world, while creating new revenue streams for sports entities.”

While there are other projects that create “fan tokens” and NFTs (Non-Fungible Tokens) for clubs, LEVERADE will do so for federations. Since federations already bring together the entire community of a sport, the use of blockchain to capture and distribute the value generated by competitions will have an impact on the stakeholders involved. “From sponsors and fans to the federation, clubs, referees, volunteers, and the athletes themselves”, said Romero.

For example, it will allow fans to vote for the national team jersey, have a say in certain federation matters, support their favorite athletes or teams, or have an input in voting for the best player of the competition.

Tokenizing federations is a HUGE step towards increased adoption of cryptocurrency in the sports industry — it allows us to tackle some of the sporting world’s most pressing operational issues, while creating an entirely unheard of stream of revenue for sporting entities.

Roadmap and Use Cases

Our roadmap is ambitious and seeks to bridge the gap between federations and the crypto world while contributing to the entire sports ecosystem, starting with the first Launchpad for federation tokens.

Among the uses mentioned by the company are the so-called “Play2Earn” mechanisms to reward athletes with federation and NFT tokens when participating in their events. Athletes can be rewarded with actions such as competing each week, improving their personal bests, or achieving a new record.

The tokenization of federations also opens the door to a sponsorship marketplace, putting sponsors and brands in direct contact with federations, clubs, and athletes. Thanks to blockchain technology, it is easier to obtain more resources from brands and to distribute them among the various stakeholders in a competition.

In addition, the startup’s plan includes the potential to support struggling leagues and clubs through crowdfunding mechanisms such as staking powered by DAO (Decentralized Autonomous Organization), while rewarding supporters with a return on their contribution.

The question isn’t whether or not blockchain can improve & add value to the world of sports, the question is, when.

The question isn’t whether or not we are ready to take this huge step in our journey at LEVERADE, the question is, are YOU ready to become a $LEGEND?

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Legend by LEVERADE

Legend by LEVERADE is transforming sports awards connecting federations, athletes, and fans. The Future of Sports; Today. 🏆