Gate.io AMA with Swarm

Q1: What led to the decision to make Read to Fight a Web3-based platform?

The decision to adopt Web3 technolog was driven b its potential to revolutionie the sports industr, offering unparalleled transparenc, securit, and a decentralied framework that aligns perfectl with our vision for the future of boxing, with tokeniation and NFTs in our roadmap. Weve alread seen huge growth in the intersection of blockchain and some other sports like Soccer, NBA, F1, so wh not Boxing which is one of the biggest sports in the world?

Mention Usks experiences of issues with the industr in the past.

Q2: Oleksandr Usk mentioned the importance of simplicit in finding sparring partners. How does Read to Fight simplif this process compared to traditional methods?

Read to Fight simplifies finding sparring partners b utiliing a streamlined, user-friendl interface that connects fighters based on skill level, weight class, and location, eliminating the complexit and inefficienc of traditional methods. It is as eas as uploading videos of our boxing skills and then the other part finding criteria to see if there's a fit or not. Explain the true case from the Dominican gu.

Q3: What's our token and utilit around it?

The $RTF token is the CORE of our ecosstem that unifies everthing within our app. It serves as the primar means of transaction and engagement within our platform. It has a wide range of utilities:

INTERACTION TOOLS WITHIN THE ECOSYSTEM Facilitating user and service interaction within the ecosstem.

USER TRANSFERS To perform P2P transfers between crpto wallets.

DONATIONS To support and encourage favorites (athletes or influencers).

FINANCIAL AUTONOMY To minimie the risks of dependence on external factors and third-part financial instruments.

CROSS-BORDER SERVICES AND PAYMENTS Opportunities for selling goods and services across jurisdictions without restrictions.

SETTLEMENTS IN THE MARKETPLACE A pament method for goods and services in the marketplace.

TICKETS PURCHASES To bu tickets for various boxing and other fighting events.

PAYMENTS ON STREAMING PLATFORMS A means of pament for access to watch exclusive sports events on the RTF streaming platform.

UTILITY TOKEN IN OTHER SERVICES Ensuring efficient interaction, stable and safe operation of products and services within the ecosstem.

PAYMENT OF FEES A means of pament for network fees (gas) on its own blockchain.

Q4: Do ou have an examples of how the platform has been used so far?

We alread have over 130,000 users, including 20,000 boxers on the platform, who have been growing their communities and brands, and connecting with others in the boxing industr through exposure on the platform. Notabl, Usk has found his training and sparring partners for the upcoming 18th Ma fight against Fur, where the have been paid in crpto on the platform. A ke feature of the platform is the ticket office, where RTF offers the abilit to bu tickets to some of the biggest fights. Back in August 2023, we sold 4000 VIP tickets in crpto for Usk v. Dubios event, which had 55M online viewers and 43k in-person spectators, and we hope to continue offering tickets for major events in crpto moving forward.

Q5: Wh do ou think the crpto communit might be interested in using the platform if the are not interested in boxing?

There are lots of was for non-boxing communities to get involved and enjo the RTF platform. Firstl, we offer plent of was for them to be exposed to the latest boxing news and fighters or bu tickets to upcoming matches, so we hope that this will inspire them to take an interest in this hugel popular sport. However, there are was for them to earn rewards such as b participating in communit events, or in the Cber Ring game launching soon. The can then exchange an rewards for another crptocurrenc. Alternativel, our upcoming SubRing feature will allow them to purchase digital Rates for boxers, where each purchase increases the value of the next Rate for that boxer, enhancing speculation whilst reflecting the popularit and success of individual athletes.