Olyseum was founded by Spanish football stars Andres Iniesta and Carles Puyol. It is a social platform based on block chain technology, targeting fans and fans, providing opportunities to interact with idols and get inspiration, connecting the sports industry with the commercial scene. Olyseum Sports Social Network aims to break traditional forms of social media and create an ecosystem that combines sports industry applications and business scenarios.

Football club Barcelona star andres iniesta, carles puyol and Ivan Della pernia and famous neuroscientist carlos renoir and world famous hacker Kevin mitnick together, they Shared vision is to create a social ecological system, fans' loyalty reward, and let the stars closer to their fan base.

There should be a special relationship between fans and stars, but the relationship is usually one-sided. Most of the time, fans have insight into a respected celebrity or fan group on Facebook, and those fans don't have any interaction with their idols. It's not what fans really crave, they want a presence, they want a relationship. On the other hand, stars want easier ways to interact more closely with their fans, but currently they can't manage millions of fans. That's what Olyseum wants to solve.

What sets Olyseum apart is that it is created by stars for their fans. When a group of world sports stars realized that interacting with their fan base wasn't enough, they decided to launch Olyseum.

Since Olyseum wanted to get users involved in this economic ecosystem, they designed an engagement algorithm that calculates users' engagement on social platforms. Based on this algorithm, users are given a certain amount of OLY experience to accumulate and put into the market. Blockchain technology allows all of this to be made public, so everyone can see the number of OLY tokens and every participant can enjoy fair and open access. It's completely decentralized, all the reward systems are subject to smart contracts, and Olyseum itself doesn't interfere. The relationship between brands and celebrities follows the same philosophy. Olyseum will create and develop an exclusive business model based on selling and sponsoring well-known stars. Sponsors can create challenges on Olyseum and promote on external social networks, and stars can receive advertising revenue on social media platforms.

OLY tokens have two main functions on the Olyseum platform: 1. OLY tokens can be used as part of a mechanism to reward user participation and gamify activities within Olyseum's social media platform. OLY can be used for exclusive Olyseum market experience and VIP service.

1. The biggest feature of Olyseum is that it enables celebrities to monetize their social status in a variety of ways. They can host events and issue collectibles. They can also reward their best fans with tokens to show their support. Olyseum provides stars with a simplified NFT distribution method. They can release these tokens as large sets, small collectibles, or even unique pieces to satisfy fans' wishes. It's worth noting that the value of NFT collectibles comes from different factors compared to regular cryptocurrencies. Olyseum enables stars to publish and hold xNFT and then sell or give it away to fans. The tokens provide blockchain proof that they were issued directly from the star and are personally owned by the star. Olyseum platform integrates blockchain technology to provide a high degree of transparency to the market. Transparency has long been a bone of contention among collectors. An FBI study found that a lack of transparency led to a huge increase in counterfeit sports memorabilia. Olyseum users avoid these concerns because all NFT issued by the platform can be verified by blockchain throughout the entire lifecycle of the Ethereum network.

Olyseum runs on the Ethereum blockchain. Ethereum is the second largest proof-of-work network and the largest Dapp ecosystem in the world. Olyseum users enjoy full interoperability within the Ethereum ecosystem. They can connect to a wallet and store their NFT in any ERC-20 compatible wallet. This approach simplifies the entry barrier for new users because they can use cryptocurrency features they are already familiar with.

OLY token distribution: 40% sold 23% to liquidity providers 20% to teams 17% for corporate marketing activities

1. Unlike most fan engagement platforms, Olyseum motivates stars through advertising revenue, sponsorships, and sales of experiential NFT (xNFT). Stars can use Olyseum to interact with their fan base through content creation activities, skill challenges and experiences. Olyseum was co-founded by Carlos Grenoir, an accomplished computer scientist and neuroscientist who also serves as Olyseum's CEO, and Kevin Mitnick, a globally renowned cybersecurity consultant. Other founding members of Olyseum include former FC Barcelona players Carles Puyol, Andres Iniesta and Ivan de la Pena.

The rewards system is very simple to operate, users just need to participate, post content, like and share to win OLY coins. With the tokens in hand, you'll be able to experience, or OLY coin swap exclusive experiences, and interact with your favorite celebrities: get an autographed shirt, win a ticket to a game, or have an online video session with your favorite celebrity. Another important point to add is that Olyseum's reward system is designed to reward quality content output, so the higher the quality of the content that users contribute, the more tokens they get at the end of each month.

The Olyseum platform has multiple features that make it an excellent choice for anyone looking for a unique collection. In addition, the network's decision to focus on soccer stars is a smart choice. Impressively, the platform already has some of the greatest players of all time signing up and providing content. But Olyseum's focus is not just on sports. The sports world is their initial entry point, they will gradually spread, fashion, music, film, finance and so on. These circles are driven by the fan economy, and then they move in and aggregate these areas.

Olyseum works by bringing stars and their fans into the Olyverse. The social ecosystem is specifically designed to reward fan participation and collaboration, with the goal of providing an unprecedented fan star interaction and experience. Fans receive tokens representing their favorite stars. As the social status of the famous person rose, so did the value of the tokens. Notably, this approach provides a more powerful advertising platform for stars. They can weave their activities into a closer collaborative experience and emotional network built around their fans. This innovative approach brings stars closer to their fans, allowing them to profit more effectively from their audiences.

"Olyseum is a blockchain-driven social ecosystem that rewards fan participation, and Olyseum is pleased to announce that it has launched the world's first star-led experiential NFT (xNFT) platform."

The Olyseum team's launch of the Native OLY utility token in early 2021 sets the stage for a pulsating period of growth in the Olyseum ecosystem. In q3 2021, they have been focusing on NFT, creating a generative story for the stars' NFT collection and expanding access to their stars, services and products. In the fourth quarter of 2021, they will highlight unique collections created by some of the world's best artists with amazing attributes such as experiential and generative, as well as a rapidly growing roster of superstars.