Astir Thesis

The monetary unit built by biology - Learn about $BITA, Why it matters & where to Trade it!

BitAstir’s Thesis is a meta-logical hunt for the extension of biology into adjacent human ideals, namely economics. When faced with the conjecture of two subject matter’s of such dense specific data it becomes immensely difficult to keep to any single cause for drive. Rather, it is best to unpack the density of such material by looking at the fundamentals.

Before diving off the deep end, it is best to succinctly & simply express our ideological foundation, namely: “Why Decentralize Sports?”

Centralized Sport, or traditional sport structures upon which the industry is built today, no longer satisfies the ever-evolving, growing, digital demands of a global audience.

BitAstir’s entire purpose for existing can be summed up in the 3 defining letters; D.S.O. - Decentralized Sports Organization. BitAstir intends to establish the first credibly neutral, internationally recognized, decentralized sports authority — the key here being decentralized. The open cryptographic primitives provided by public blockchains upon which BitAstir is built, secures radically new value accrual models while addressing a broad range of shortcoming in the overly politicalized & walled gardens of todays sport industry.

1. Displace Current Power Structure & empower Users.

Decentralizing the Sport industry through a commitment/involvement paradigm would dethrone the gluttonous middlemen who are siphoning Athletes hard earnings due to systemic faults,& replace these “vectors of power” with users that directly involved in the everyday proceedings of a sport.

Herein we identify the base economic model for value accrual / transition; In the Case where Athletes operate & own the supply chain of sports, they then collect the fees directly, rather than the organization collecting it & then diluting & redistributing it as it finds fit. *The unit of value these Athletes use to settle their transaction in becomes a necessary medium of exchange; allowing (a well designed system) a chance to capture this value provided by the network & in turn become a focal point of liquidity. The $BITA token has been designed just for this & therefore, we pose that it captures the value.

(ex. NBA charges $25,000,000/year, per team, to be a part of the organization. $25,000,000 x 50 teams = $1,250,000,000 income/year

10,000 basketball bitAthletes can aggregate & compete with the NBA; the aggregate of them would become an internationally recognized independent Sport Organization. Assuming a clean 100% replacement; would result in $1,250,0000,000 / 10,000 people = $125,000 per person

2. Let Talent Determine its Capitalization

”BitAstir capitalizes Athletes & transforms theirs lives by turning them {athletes} into yield bearing assets” ”We then take these tokenized “athletic-assets” & bring them to open public markets” ”These public markets establish a valuation for these asset based on X factors” ”After being publicized, the “athletic-assets” inherit a market capitalization & begin trading” “The system is designed in such a way that the the athlete being traded in always earning as a result of their token’s {athletic-assets} velocity” ”This velocity is the measure of the pressure of public demand; which in theory is a vector that is based on how much the public likes an athlete at any given time” “ At the most fundamental level, when measured across time, the general public will lean to prefer the ““best”” performer” ”Athletes with greater capital resources (monetary/social) will have a higher incentive & thus proclivity to perform better.”

” Better athletic performance is directly assimilated with better financial /economic performance“ ” Which Means better social performance “ ” Which would then drive more people to become these athletes “ ” Which would grow the economic bearing of the social-sport industry” ” Which makes its possible for more athletes to succeed & to succeed to a higher degree!” ” Which, as we know, elicits the most primal of human behavior’s, competition” ”Athletes that perform better, drive better competition, better competition drives better athletes; this recursive feedback cycle is a natural social phenomenon (ex. humanity deemed running a mile in under 10 minutes was impossible; the first time it was broken, 20 more people broke & set the record that year…) of feeding on competition in order to push ourselves beyond what’s possible!” → This is so because athletes are the modern day superheroes; the run faster, jump higher & push harder than an average person; which captures the minds & hearts of younger generations. → The sooner we can have higher quality athletic infrastructure in the world, the sooner we can optimize the global status & standard of an athlete, the sooner we can challenge humanity to push its limitations*safely.

3. Biology is Closer to Economics than We Thought Before

In an attempt to make sense of this world, humanity has been breaking its back in a frenzied attempt at quantifying everything possible; finding the “truth”. Perhaps, nowhere else with more vigor than economics. All Economics in the History of mankind has always been & likely always be, experimental.

The longer Time goes on, the more confirmation humanity attains about the perfection of natural design.

BitAstir believes, that Biology is the ideal blueprint for the construction of a focused, sustainable, monetary system. *It serves as the perfect source of anchorage to material human life than does any other subject (ex. Math).

$BITA will be the tool used to ascribe value in this system. That monetary system acts as the base layer platforms upon which other things can be built on; more sophisticated & specific economic things ( Enter SportFi ).

BitAstir, through osmosis, will become the very source of true Data; both a generator & provider of Data.

Economics is the Physics of Finance…

Sport is the Art of Motion…

BitAstir is the Finance of Motion…

Originally Posted

https://medium.com/bitastir-official/astir-thesis-12ca9e42b419