The blockchain is full of possibilities whose potential is barely explored. When she invites herself into sport, it gives sparks like TalentIDO. This out-of-the-ordinary digital platform is paving the way for a revolution in the sports industry for talent management. Indeed, the recruitment and development of sports talents in the Talent IDO way is done on the Web3. Thus, the platform has the particularity of standing out from the process of recruiting traditional sports talents. To do this, TalentIDO gives its users the opportunity to invest in human success within a decentralized ecosystem. From simple fans, you become investors in human success in football. Discover with us this innovative platform that places athletes, these modern-day heroes, at the heart of its universe.
Recruitment in the sports world
The conventional method of recruiting sports talent can be very laborious and expensive. It requires having the right people in the right place at the right time. It’s a complex process, the culmination of which is to find athletes with something unique and original. Therefore, money and luck must be with you at the risk of missing out on the rare pearl.
However, it is not always nearby. Also, you have to put yourself in the shoes of a globetrotter and travel the planet to find talented teenagers in the field.
As a recruitment professional, get ready to go to the ends of the earth to find the next Kylian Mbappé! After all, would Zinedine Zidane have become the footballing legend he is today if he hadn’t been noticed by Jean Varraud at the age of 15? Or Ronaldo, noticed even younger by Aurélio Pereira and later by Fergusson? Probably not.
Despite notable advances in terms of legislation, the nuggets found by recruiters do not see life in pink. Indeed, athletes are not always aware of their potential or are not well informed enough to understand exactly what they are committing to.
Between contracts, lawyers and intermediaries of all kinds, it is not easy for a novice athlete to navigate. They then defer to their agents who, at times, can turn out to be unscrupulous, with questionable ethics and morals.
In reality, the talent recruitment process remains as complex and opaque as ever. More so, the market is fiercely competitive and only seeks high level players, ignoring talented individuals. This lack of transparency associated with this lack of efficiency generally leaves the athletes on the sidelines. And this is precisely what wants to remedy TalentIDO.
New evolution, new revolution thanks to the blockchain
TalentIDO is like the blockchain: disruptive and innovative. It provides a utilitarian solution to the management of athletes in the sports field. Although the sports industry is worth hundreds of billions of dollars, it is not often the players who benefit from this windfall. They then find themselves at the mercy of agents and intermediaries.
Also, the platform’s main objective is to help professional players. Based on the blockchain, it brings efficiency to the recruitment process and to the verification of player information. To do this, TalentIDO relies on five fundamental principles:
The marketplace ecosystem
In order to allow direct interactions between all users of the platform, several marketplaces will be available, each dedicated to a sport. Thus, a marketplace will have its sellers, its players and its buyers.
Transparency
One of TalentIDO’s biggest goals is to empower players and clubs by cutting out unnecessary middlemen that can make recruiting blurry and murky.
Decentralization and democratization
Thanks to the blockchain, no higher authority manages the ecosystem. Each user participates according to his interest in the recruitment process. All of this democratizes it to a level never before achieved.
Advertising and aggregation
With the different marketplaces, advertising becomes easier by creating synergies and cross-promotion opportunities.
The standardization of tokens
The distribution of tokens and their growing adoption will help create a larger and more engaged community whose members are bound by the use of the token.
With these tokenized marketplaces, TalentIDO offers an ecosystem where the dream of any gamer is just a click away in complete transparency. Thus, recruitments and transfers are carried out online by contacts of all the links in the chain. Athletes, agents or other sports professionals will have direct information on clubs, sports academies, available positions, trials across the globe. You will discover all the new opportunities in sport with TalentIDO.
Here is an explanatory video of this new kind of platform:
TalentIDO, a pragmatic platform
It’s no secret that the sports industry is known to be conservative and rigid. It was without counting on the innovative TalentIDO. The platform relies on its token and its sports passport for its operation. In addition, TalentIDO has smart contracts that ensure the compliance of all transactions that will be carried out on its platform.
The TALENT or TAL token
The TAL is the token of the TalentIDO platform. It gives value to the network by providing people with a means of exchange within its ecosystem, allowing anyone to earn money by investing in it.
Therefore, it is necessary for memberships, the purchase and sale of products and services, the allocation of advantages. In other words, it helps the community grow.
Tokens offer different functionalities to their holders. For example, they may take the form of rewards for users who participate in the activity of the platform through reviews, recommendations and content contributions.
In addition, clubs and sports recruiters will need TAL to access marketplaces to use Fieldoo platform services, such as talent acquisition, registration for various opportunities, and network-related fees.
Re Fieldoo, it is an already operational football marketplace. It has over 350,000 football player members to date.
In addition, the token will be based on the ERC20 standard with a BEP-20 smart contract. 8 billion TAL will be issued. The distribution of these tokens is as follows:
The sports passport
The real star of the marketplace, however, is the sports passport. These passports are relatively simple smart contracts that do not require great technical knowledge to create. They can be compared to digital resumes for athletes that can be shared on the platform.
The passport includes all player information in 3 categories:
- personal information: age, nationality, physical characteristics
- general information on achievements: club history, career development (matches, number of minutes played, wins, losses
- video information and social performance factors: match videos, performance analysis, presence on social networks. All this makes it possible to determine the economic value for the potential investor.
All this data can be stored securely on the blockchains and can only be viewed by the people with whom the athlete decides to share his profile (such as recruiters, clubs, associations, etc.). It is a win-win situation where players’ interests are safeguarded and while scouts are assured that the data is verified.
It’s a resource gain in recruitment since nugget scouts will no longer have to travel the world to find the next Ronaldo. Instead, they can roam the platform and only move when a player has caught their eye.
Likewise, offers can be made through the platform. All contract details will then be laid bare for all parties to see clearly. It also keeps the player in control of the process, allowing them to be fully aware of what they are getting into.
He can sign his contract digitally on TalentIDO if he is satisfied with his offer. At the same time, this will be automatically recorded on the sports passport.
To conclude
Faced with the technological backwardness of the sports industry, TalentIDO is writing a future where sports management is decentralized. To this end, the platform offers us the perfect meeting between sport and blockchain. The tokenization of sports opens a new page for this industry and TalentIDO is the torchbearer. By pursuing the mission of empowering players, it is revolutionizing talent recruitment by laying a healthier foundation.
Blockchain, in particular smart contracts, allows everyone involved to have an equivalent level of information. Thus, this has the advantage of giving them a clearer view of the recruitment process. TalentIDO is a win-win solution for all parties: young players are now more likely to be noticed, sports recruiters find it easier to find new talent, and clubs can reduce unnecessary costs. Investors also find their accounts with the profits made on the platform. So sports enthusiasts or not, don’t miss this opportunity to invest in sport in a different way, join TalentIDO.
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