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AB 167: Competitive Investing: Would You Own A Piece Of Your Favorite Team?
Zack Ward published a letter to America in the New York Times sharing his thoughts about how legalized sports gambling is currently being decided by the Supreme Court. We would love to arrange an interview to share Zack’s thoughts and expertise on the pending Supreme Court decision and how if passed, why it is dangerous for the future of America and professional sports.
Read the New York Times letter here: Zack Ward’s Letter to America
In addition to his Hollywood acting career, Zack is making international headlines as the CEO of The Global Finance Sports Financial Exchange, the world’s first stock market powered by blockchain technology that provides unparalleled market transparency, integrity, and customer security. This revolutionary platform (online and mobile) allows sports fans to not gamble, but to invest in their favorite teams, earning money each time their teams win and each calendar quarter.
As just featured in Forbes, CNBC’s Squawk Box, & CBS Sports, The Global Sports Financial Exchange trades pro-sports teams just like stocks. Entrepreneur & actor Zack Ward (A Christmas Story), former NHL star Bernie Nicholls and a team of brilliant tech minds have teamed up to launch a platform that allows fans, young and old, to invest in pro teams.
The sports exchange operates much like any public stock market. But instead of companies, the thousands of current investors on the platform buy shares of teams in the NHL, NFL, MLB, and NBA. After each game, the winning team’s shareholders get a dividend, and the losing team’s share price likely goes down. Team stock prices fluctuate based on a range of criteria such as performance, draft picks, and trades.
The exchange is currently seeking the thumbs up from various league commissioners and professional teams. Meanwhile, there are two ways to trade on the platform. The learning version allows users to invest imaginary money to test out the platform. The “real money” version, which launched in 2016, allows users to invest up to $2,500 of actual currency per year.
For more information, please visitwww.allsportsmarket.com.
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