BSports Update

In the last newsletter, we announced that  Expanse signed a partnership deal with Sports Agents 502, with the intent to migrate certain aspects of their business to the Expanse blockchain. Starting with Guatemala, then expanding to all of South America, the project is called BSports and will eventually be a global initiative.

In recent weeks, we have been working on the definition phase of  the project. We have defined three main stages. 

Stage 1 – Registration

The first stage involves the registration of players on the Expanse blockchain. Data structures will be created to register countries, federations, disciplines, players and events. This part uses a general form for an athlete profile, but then allows customization for each sports discipline.

It will also allow for the registration of historical competencies. The most important thing here is to ensure that these records are endorsed by the associated federations. The design must also allow for validation by other partners within the  same discipline, with the idea that they could evaluate other athletes or lend veracity to their participation and results. Unique, permanent and unalterable records must be established.

One of the most important decisions for the platform is that it is not a social network, but a record of actions and results in sport, We will leave the social part for large networks; however, we will maintain links so that users can follow and socially support each athlete.

We plan for the records to be public and accessible by anyone. This goal of transparency is because we are sure that there are great athletes who do not get recognition due to not having a direct means of communication. BSports can be the means for this — both safe and unique.

Create a Unified Athlete Code

Each player will have a unique number that identifies him, and this should be an easy code to understand at a glance. Here is the formula:

ISO country code + Federation or sport code + Unique Correlative

This is our first definition, but we must validate it with the federations. If we keep it as simple as possible, this gives the virtue that a person can have different athlete codes if they participate in more than one sport discipline.

One of the most impactful decisions is to establish whether a single token is created per athlete or per sport.  If per athlete, this token would serve to support the athlete directly. By utilizing EXPEX, trading and exchanging tokens would be easily manageable, and could even serve to activate the sports economy. The proposal could also be to create a unique token for the platform.

Going forward, our plan is to have meetings with Luis Arboleda, project founder,  the first week of September to plan the steps to follow, validate the model and choose the first three federations willing to work with us.

For the next newsletter, we will have a lot of good news to tell you.

It is time to make decisions regarding the project and lay the foundations for these types of projects that will change the world of sports in South America.

Slips Partnership Announcement

Expanse and Slips Have Formed a Strategic Alliance to Build Out the Slips Platform with Expanse Integration

Slips and Expanse signed a new agreement to work together to leverage the Expanse products and blockchain for the Slips social platform. Expanse will provide project management and developer resources to facilitate the integration and to possibly expedite the Slips launch timing.

As you may know, Slips was one of the first EXP.Grant recipients, receiving funding in the initial phases of their project. They have made great strides and continue to refine their go-to-market strategy.

“Given our already established working relationship, as well as the depth of the Expanse product suite, joining forces was a natural evolution,” said Christopher Franko, Expanse CEO. “We’ve brought on a project manager and developer dedicated to this joint initiative.”

Some of the possible integration points we are exploring include:

  • Launch Slips on the Expanse blockchain
  • Use Tokenlab to mint tokens for Slips. 
  • Use the Tokenlab Airdrop module to distribute Slips tokens.
  • Integrate Slips into the Luna wallet to facilitate trades via EXPEX.

As you may know, Slips and Expanse hosted an AMA yesterday, which includes some discussion about the partnership scope. You can listen here:

Expanse Inks Partnership Deal with Elite South American Sports Agency, Sports Agents 502

Signed MOU Outlines Utility for LAB and EXP

Today, Expanse signed a partnership deal with Sports Agents 502, with the intent to migrate certain aspects of their business to the Expanse blockchain. Starting with Guatemala, then expanding to all of South America, the project is called BSports and will eventually be a global initiative.

Headquartered in Guatemala, Sports Agents 502 is an established sports management firm. Its focus is on managing and marketing elite athletes, primarily across South America. Founded in 2016, Sports Agents 502 inspires brands and sports figures to maximize the value associated with elite sports through sponsorships, events and  other activities.

Omar Alvarez, Expanse Creative Director, is working directly with Sports Agents 502 CEO, Luis Arboleda, to define and orchestrate the initiative. 

“We plan to build a Sports Smart City on the Expanse blockchain in three phases,” said Alvarez. “The project scope takes into account Tokenlab functionality already created, including minting tokens and launching smart contracts on Expanse.”

The first phase of the project involves establishing an identity on the blockchain for every athlete in every sports federation. (There are 46 sports federations in Guatemala alone.) Each athlete will have an online profile, approved by their respective federations. The federations will have the ability to record events and results on the athletes’ profile pages. This profile information can be leveraged for  sponsorships or trading. 

The second phase takes the application global, registering teams and allowing them to trade players using tokens. 

Phase three involves working with broadcasting and sponsorship contracts for TV, Radio and Internet. The goal is to bring transparency and trust to the broadcasting and trading process, as well as to facilitate securing sponsorships from local and global brands. 

“This undertaking has been a concept I have wanted to bring to fruition for some time,” said Arboleda. “The blockchain in general is the perfect vehicle and Expanse is proving to be the ideal technology partner to make it all happen.” 

Now that the Memorandum of Understanding (MOU) is signed by all parties, the planning and development begins. Watch for regular updates in upcoming newsletters.