TFT Whitepaper

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Whitepaper Overview
From this whitepaper you can expect to learn who The Fans Together are and
what we stand for. You will understand how we plan to implement our goals
through various phases as we transition from our pre ICO (initial coin offering)
NFT sale, to our ICO before purchasing and directing the ownership of our first
sports club and beyond.
There are a multitude of problems in modern elite sport, many of which have
occurred due to, or been amplified by, the increasing monetisation of the sport
industry and its fans. Arguably, the sport which has been most clearly affected by
this is football and this is where much of our initial attention will be directed.
The current overarching problem within football is the principles of professional
football club owners. Elite football has become a billionaire’s playground and
many owners are treating their clubs as a new source of personal income, rather
than the hub for fan communities which football clubs truly are. While this whitepaper
will explore the issues of this style of ownership, particularly corporate
ownership, there is no clearer example than the European Super League (ESL)
proposals. The ESL proposals were fuelled by greed, a desire for unearned financial
gains and underlined by a complete absence of understanding of football
fans.
Football fans showed their outrage and used their mass influence to form a temporary
solution to this problem, pressurising clubs to disband the ESL proposals.
However, these owners and those akin are still present in sport and the threat of
the ESL or alternative schemes continue to loom. Therefore, it is crucial to address
these issues before it is too late. We, The Fans Together, believe sports club fan
ownership is the solution and the blockchain provides the means.
This whitepaper will explore the current models of fan ownership, methods of fan
engagement and the current market of sports interactions through the blockchain.
We will explain both the strengths and weaknesses of these models, identifying
aspects we can build upon or look to improve.
Finally, the whitepaper will examine governance, tokenomics and finances of The
Fans Together as a DAO (Decentralised Autonomous Organisation). These sections
will discuss how these will facilitate its operation as we navigate through the
realms of cryptocurrency and sport.