Launchpad platform
Football clubs listed on the platform will be able to raise funds for their clubs through an IDO on the F11 launchpad. Fans will need to use some of their $F11 to be whitelisted for those IDOs. Once they are whitelisted, they will be able to acquire fan token either by buying in BNB or ETH. This will help clubs listed on the F11 platform to crowdfund. The F11 app will also have pools whereby F11 members will need to be whitelisted to access those pools. Those pools will act as liquidity providers for clubs so that they can finance their activities by borrowing from their fans. There will be a repayment date and an associated interest payment on the amount borrowed from fans. Fans can use this opportunity to help their clubs while making some passive income with minimum risks.
Last updated