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Heavyweight champ Oleksandr Usyk seeks to tokenize boxers’ careers
Olympic champion boxer Oleksandr Usyk launches a new blockchain-powered tokenized ecosystem platform aimed at supporting boxers through their careers.
IBF, WBO and WBA heavyweight boxing champion Oleksandr Usyk has put his weight behind a blockchain platform that aims to tokenize and support the boxing industry.
The Olympic gold medalist has teamed up with Ukrainian-based cryptocurrency exchange Qmall to develop the “Ready to Fight” platform. The browser-based platform makes use of blockchain technology to help boxers tokenize their brands to receive donations and investments, as well as a means to deliver exclusive content.
Ready to Fight introduces a novel means of supporting and connecting the wider boxing industry. The platform features a tokenomics ecosystem making use of its proprietary RTF tokens. Qmall is using a fork of the Ethereum blockchain to develop the in-house platform.
#CRYPTO meets #BOXING! The teams of @usykaa, Lapin, & @QmallExchange unite to revolutionize the boxing industry. @rtfight_com - the world's 1st blockchain platform for boxing! Free registration and endless possibilities for boxers, fans, coaches.
— Alexander Usyk (@usykaa) March 23, 2023
https://t.co/DbsoDwuaGs pic.twitter.com/zrHRaISW8H
Boxers and promising athletes are able to register on the platform. Upon creation of their tokenized identity, a supply of 1 million name tokens with a unique ticker is created. The boxer name tokens are frozen until a specific release through an initial dex offering (IDO) or until the boxer collects a specific amount of donations.
Boxers are also obliged to reinvest earnings from the platform back into their boxing name token within five years. Boxer tokens are traded exclusively with the ecosystem’s RTF token, as are goods and services that are offered on the Ready to Fight platform. RTF tokens will be available through the Qmall exchange.
A screenshot of the Ready to Fight web-based platform, which already features a number of boxers. Source: Ready to FightThe Qmall team told Cointelegraph that the platform essentially gives users a stake in a chosen fighter’s prospective success. The fighter tokens’ value to RTF will depend on a fighter’s success as their careers progress and increase community interest.
While fans and investors can help support their favorite boxers through donations and name token purchases, the ecosystem also promises to provide the functionality for fighters to access and pay for services like professional trainers, sparring partners, physiotherapists and nutritionists, and agents using accrued RTF tokens.
Cointelegraph also reached out to Usyk to find out how blockchain technology can assist boxers in funding careers in a profession with numerous hurdles.
“The problem for many aspiring boxers is that even though they’re killing themselves in the gym, they don’t have the connections or ability to find a team that can represent them, and even if they do, most importantly, few can afford it.”
The 2012 Olympic gold medallist believes blockchain-powered platforms can level the playing field, allowing boxers to build new connections through a supportive community. Fighters can focus on training while the tokenomics of the ecosystem provides an avenue to fund their careers.
Usyk explains that the cryptocurrency space is also creating new opportunities for a wide range of industries that were not possible five or 10 years ago.
“I understand and respect the philosophy behind it — democratizing how people use and move money and services; it’s changing the world and can create fairer systems, with boxing being no exception.”
Usyk said he would lean on Qmall’s expertise as a cryptocurrency exchange and nonfungible token (NFT) marketplace provider to iron out the specific tokenomics of the project and its longevity.
The Qmall team also highlighted the platform’s focus on three key pillars: social, trade and investment. The platform inherently functions as a social network, already featuring up-to-date original news, feature and evergreen content curated by its editorial team. The platform also aims to be a source of exclusive news and insider information from the boxing industry.
A mobile application for the platform is currently in development for both Android and iOS devices.
The 36-year-old Ukrainian heavyweight has previously tapped into the cryptocurrency space, launching an NFT collection in August 2022 aimed at raising funds for the ongoing conflict with Russia in his country.
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robertalfred175
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14.10.25 08:46
robertalfred175
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14.10.25 08:46
robertalfred175
CRYPTO SCAM RECOVERY SUCCESSFUL – A TESTIMONIAL OF LOST PASSWORD TO YOUR DIGITAL WALLET BACK. My name is Robert Alfred, Am from Australia. I’m sharing my experience in the hope that it helps others who have been victims of crypto scams. A few months ago, I fell victim to a fraudulent crypto investment scheme linked to a broker company. I had invested heavily during a time when Bitcoin prices were rising, thinking it was a good opportunity. Unfortunately, I was scammed out of $120,000 AUD and the broker denied me access to my digital wallet and assets. It was a devastating experience that caused many sleepless nights. Crypto scams are increasingly common and often involve fake trading platforms, phishing attacks, and misleading investment opportunities. In my desperation, a friend from the crypto community recommended Capital Crypto Recovery Service, known for helping victims recover lost or stolen funds. After doing some research and reading multiple positive reviews, I reached out to Capital Crypto Recovery. I provided all the necessary information—wallet addresses, transaction history, and communication logs. Their expert team responded immediately and began investigating. Using advanced blockchain tracking techniques, they were able to trace the stolen Dogecoin, identify the scammer’s wallet, and coordinate with relevant authorities to freeze the funds before they could be moved. Incredibly, within 24 hours, Capital Crypto Recovery successfully recovered the majority of my stolen crypto assets. I was beyond relieved and truly grateful. Their professionalism, transparency, and constant communication throughout the process gave me hope during a very difficult time. If you’ve been a victim of a crypto scam, I highly recommend them with full confidence contacting: 📧 Email: [email protected] 📱 Telegram: @Capitalcryptorecover Contact: [email protected] 📞 Call/Text: +1 (336) 390-6684 🌐 Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
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15.10.25 18:07
crypto
Cryptocurrency's digital realm presents many opportunities, but it also conceals complex frauds. It is quite painful to lose your cryptocurrency to scam. You can feel harassed and lost as a result. If you have been the victim of a cryptocurrency scam, this guide explains what to do ASAP. Following these procedures will help you avoid further issues or get your money back. Communication with Marie ([email protected] and WhatsApp: +1 7127594675) can make all the difference.
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15.10.25 21:52
harristhomas7376
"In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
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15.10.25 21:52
harristhomas7376
"In the crypto world, this is great news I want to share. Last year, I fell victim to a scam disguised as a safe investment option. I have invested in crypto trading platforms for about 10yrs thinking I was ensuring myself a retirement income, only to find that all my assets were either frozen, I believed my assets were secure — until I discovered that my BTC funds had been frozen and withdrawals were impossible. It was a devastating moment when I realized I had been scammed, and I thought my Bitcoin was gone forever, Everything changed when a close friend recommended the Capital Crypto Recover Service. Their professionalism, expertise, and dedication enabled me to recover my lost Bitcoin funds back — more than €560.000 DEM to my BTC wallet. What once felt impossible became a reality thanks to their support. If you have lost Bitcoin through scams, hacking, failed withdrawals, or similar challenges, don’t lose hope. I strongly recommend Capital Crypto Recover Service to anyone seeking a reliable and effective solution for recovering any wallet assets. They have a proven track record of successful reputation in recovering lost password assets for their clients and can help you navigate the process of recovering your funds. Don’t let scammers get away with your hard-earned money – contact Email: [email protected] Phone CALL/Text Number: +1 (336) 390-6684 Contact: [email protected] Website: https://recovercapital.wixsite.com/capital-crypto-rec-1
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