As the economy develops and people's living standards rise, there is a growing enthusiasm for sports, sports events and sports consumption. The sports industry has become an important part of the public economy and has played a very positive role in the construction of the economy and the development of society. On the one hand, sports bring health and happiness to people, on the other hand, sports involve the production and operation of related sporting goods, events and marketing activities to promote the rapid development of the sports industry to promote the economic and social benefits, on the other hand, the sports industry is also full of problems, ultimately, the cause of the above pain points in the sports industry is nothing but a centralised system, and the arrival of Web3.0 and DAO. The arrival of Web 3.0 and DAO can solve the pain points of the sports industry, bring more possibilities for the development of the sports industry, and bring a new round of changes. It is against this background that DiginexDAO, the world's first decentralised sports community autonomy platform, was born.

DiginexDAO has a strong background and is heavily funded

The Blockchain DAO Lab is a joint venture between Diginex Limited and Tiger Global Fund, headquartered in Silicon Valley, USA, established in March 2020.

The "Blockchain DAO Lab" focuses on the development and investment management of the latest blockchain technologies and concepts such as DeFi, NFT, GameFi, DAO and Metaverse. Most of the core members come from world-renowned universities such as Stanford University, MIT and Harvard, and there are talents from global multinational technology giants such as Google, IBM and Oracle, etc. The DAO community is autonomous in its technology development and management operations.

In May 2021, DiginexDAO, a decentralised community autonomy platform with the core concept of sports community autonomy, was launched by Digis, a US cross-country athlete, with technical support from the "Blockchain DAO Lab", and named DiginexDAO. In August of the same year, DiginexDAO raised public funds and received capital and resource support from several venture capital firms.

Diginex

Diginex Limited (NASDAQ:EQOS), founded in 2017 and headquartered in Central, Hong Kong, is a digital asset financial services and advisory company providing products, architecture and infrastructure to facilitate mainstream products in the digital asset class for the financial markets in the digital asset ecosystem space in Singapore and internationally. In October 2020, Diginex, a financial company, completed the merger and listing with 8i Enterprises Acquisition, a special purpose acquisition company.

The combined company will provide investors with the opportunity to participate in the growth of this emerging asset class through the public markets.

Diginex has created an integrated financial services ecosystem for digital assets, including cryptocurrency exchange EQUOS.io, digital asset trading technology platform Diginex Access, securitisation advisory firm Diginex Capital, digital asset custody provider Digivault and investment management business Bletchley Park Asset Management.

Tiger Global Fund

Founded in 1980 by Julian Robertson as a hedge fund, Tiger Global Fund quickly expanded from $8 million to $22 billion in assets by 1998, and was ranked second in the world with an average annual profit of 25%. With unit returns of 50% in 1996 and 72% in 1997, Tiger has produced a performance that few in the hedge fund industry can match. Tiger's equity strategy targets early to late stage growth private companies, with a focus on companies located in the US, China and India. It is estimated that approximately 30% of Tiger Global's capital is invested in early-stage (Series A and B) start-ups and 20.5% in Series C start-ups.

Tiger Global is headquartered in New York, with offices in Hong Kong, Beijing, Singapore and Bangalore.

Introduction to the DiginexDAO decentralised sports community autonomy platform

DiginexDAO (abbreviation: DEB, Chinese Digis) is a decentralised sports community self-governance platform based on the core technologies of Web 3.0, multi-chain technology and DAO organisational structure.

DiginexDAO aims to rebuild community trust and security, and spontaneously generates a co-creation, co-build, co-governance and shared sports collaborative, focusing on DAO investment management agreements in sports, providing technology, funding and resources to support the creation of growth in new quality projects, with the long-term revenue return from quality projects.

DiginexDAO incorporates community-governed DAO mechanisms for ecosystem management autonomy, allowing all investors to benefit fairly through fair, equitable, open and decentralised community-governed investment and management. As the community continues to grow and expand, DiginexDAO will transform into a fully decentralised, autonomous community network.

DiginexDAO and TGG strategic cooperation, multiple deployment of DEB & TGG ecological development

In April 2022, DiginexDAO and the Tigger NFT decentralized trading platform (TGG) entered into a strategic partnership to participate in TGG eco-arithmetic mining in the form of DEB tokens. Users who invest in DEB tokens for arithmetic mining can produce TGG tokens according to the arithmetic power ratios and receive the corresponding revenue from TGG tokens. At the same time, DEB & TGG will expand the second largest extraction blind box ecology to create a better ecology for players to choose from. In the future, we will also cooperate with TGG on other ecologies, including decentralized NFT exchange, TGG-Staking, on-chain TGG-DАO community autonomy module, TGG-lend lending ecology, TGG metaverse ecology, TGG chain game and other ecologies to bring diversified income to users.

DiginexDAO Eco-Layout Application

DiginexDAO will create a credible decentralised community autonomy environment for sports enthusiasts and sports fans through DAO community autonomy. Through joint market making with players, we will drive the growth of the market value of DEB tokens, allowing players to reap the dividends of DEB and build consensus.

At the same time, DEB will invest in DAO, NFT, GameFi, Meta-Universe, Socialfi and other eco-systems through DEB's scalable auto-evolution strategy, and provide strategic support in terms of capital, resources, marketing and technology. In addition, we will return the income from our investments to all users of the network to ensure that all invested members will receive a reasonable return to match.

In the future, DiginexDAO hopes to invest in and incubate high-quality blockchain sports and derivative industry eco-projects through the construction of a global DAO community autonomy mechanism and capital flow empowerment, and to provide comprehensive services to sports lovers and sports fans and other users in this industry wave with a global layout and user-first criteria.

The ecosystem of DiginexDAO is constantly updated with quality DAO ecosystem, NFT ecosystem, Gamefi games, meta-universe ecosystem and Socialfi ecosystem with asset liquidity value, exploring the advanced value of "DeFi+meta-universe+NFT+Gamefi+DAO". We are constantly exploring the value of "DeFi+Metaverse+NFT+Gamefi+DAO" to bring users a value-added experience. At the same time, we are empowering our users to add value to their assets with a more professional, quality and responsible vision.