🔓Lock / Burn to Sponsorship
The Team PL Project also plans to integrate a Lock in earn program or Burn to Sponsorship mechanism, revolutionizing traditional sponsorship models within the sports industry.
Under this system, sponsors entering into a formal collaboration with Team PL may be required, as part of their contractual obligations, to purchase Team PL Tokens (either from the open market or through OTC arrangements) and lock them for a fixed, contractually defined duration (for example, 12 months). This locking mechanism serves as a proof of the sponsor’s long-term commitment to the project’s mission.
Alternatively, sponsors may choose a burn-based sponsorship option. In this model a specific, contractually defined amount of Team PL Tokens would be permanently burned by the sponsor in exchange for receiving their designated sponsorship rights or marketing packages.
Both mechanisms are designed to create a specific, functional use-case for the Team PL Token within the B2B sponsorship model and to functionally align the sponsor’s participation with the operational goals of the Team PL Project.
Investing in crypto-assets carries a high degree of risk. There is a risk of losing invested funds due to changes in crypto-asset exchange rates. Investing in crypto-assets may not be suitable for some clients, considering their experience, knowledge, objectives, and ability to bear losses.
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