BITASTIR | INFORMATION | Core Concepts

-ACMn- Athletic Capital Markets Network

Turning Athletes into Assets!

Bit Astir
BitAstir MasterSport Publication
4 min readMar 23, 2022

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Term #3 in the MetaSports Dictionary → here

-{ ACMn }- {A}thletic-{C}apital-{M}arkets

A framework for establishing open, neutral, publicly traded markets around human Athletic performance. Just as we trade abstract objects representing products index’s (ex. pork bellies), the ACMn acts as a tool with which human athletic performance can be indexed. The network is operated by independently incentivized actors from within the sport industry. Each actor on the network commits & binds themselves to the network; therefore constantly incentivized to act honestly (financially & reputationally). The Network “nodes/actors” ultimately provide a guarantee to core data within the network; which in turn is used to establish the earlier mentioned Index.

What the Point of the ACMn?

The ACMn serves as the foundational security layer to the data produced by bitAthletes & that is processed through the Astir network.

By Default, every active BitAthlete & member of the BitAstir DSO is contributing to the ACMn. Participants contribute variable amounts of resource based on the proximity of their contribution to the Aggregate data structure. (i.e. novice soccer player training for 12 hours will produce more security than will 2 hours of professional Basketball).

The Astir network operates as a state machine with 24 hour epochs. Every 6418.00 Ethereum blocks the Astir activity is aggregated & pushed to the top. produced as a bi-product of the networks activity, utilizes an “anchor point” to settle its state. The state of the ACMn explicity herein, the ACMn serves as the defacto underlying structure for the SPORTINDEX

— What is the Thesis Underlying the ACMn & SportINDEX Data?

The Data, how it is sourced, where it is sourced from, how it stored & how it is valued is radically fit for the derivation of the most foundational truths in the phenomenon of sport in human life. (data that is compartmentalized via KPI’s)

— What are the KPI (Key-Product-Indicators) for the ACMn?

The KPI’s are better understood when batched into 2 generalized categories based on the type of impact the data creates; Internal & External (A more complete KPI data set can be seen in our post → here ← )

Internal
1) Total Amount of Staked $BITA
2) Total Amount of STAKERS for $bita
3) Average Duration of STAKE
4) Total Amount of BitAthletes
5) Total Amount of ACTIVE BitAthletes
6) Average Contribution of Data per BitAthlete
7) Selling Pressure of YIELDED $BITA
etc…

External
1) Total Amount of MasterSport nft HOLDERS
2) Velocity of MasterPasses
3) Velocity of $BITA
4) Broker Rate of Introduction
5) Broker Introduction Retention Duration
6) Total Buying Pressure 24hr/30d rolling
etc…

What exactly is the Astir SportINDEX?

The Astir SportINDEX is intended to serve as the benchmark value for gauging the health & wellbeing of the SPORT industry at large.

By large, Athletes are the leading source of demand of the $BITA token;
Assuming that the $BITA token continues to trend up & to the right would assume a healthy demand from ATHLETES to commit themselves professionally to their sport; which in turn would express the health of their selected sport going into the future.
*Moreover, BitAstir assimilates & provides (perhaps the worlds first & only) public Perfomance Ledger; this ledger will be able to provide radically new insight into the world of sport (rate of generational shift / generational preferences / etc.)

A complimentary post on the ASTIR index, its purpose, value & function will be stood up & → linked here ←.

This document was published as means to help promulgate information during BtiAstir’s transitory phase; thus technical verbiage & excessively technical elements have been minimized for comprehension. It is by no means exhaustive & should you require more information; A more in Depth Technical Document, covering the Economic Logistics of an open, publicly traded social performance market & its impact when accounting for the arbitration of legacy institutions, will be published at a later date & made available through a Link → Here ←.

For any other information that may be requested, Please refer to the most recent version of the → Official WhitePaper ← There we will explore of the evolving market dynamics, greater system application to human potential & so on.

Be sure to stop by the site (as we prepare more presents) & follow us on social media to stay tuned in for more exciting breakthroughs from DSports.

🌐 → Website: www.bitastir.io🌐

🅰 → $BITA Alpha Bounty: Bita.AlphaList.Bounty.Flowpage
🔗 → $BITA Resources: BitaLinks.Flowpage

🔹 → Twitter: (@ BitAstir)
🆔 →
Discord: BitAstir Discord Server
📤 → Telegram: t.me/Bitasport1
🦧 → Reddit: (r/BitaStir)
🎥 → Youtube: Official Youtube channel BitAstir’s BitaSport.

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Bit Astir
BitAstir MasterSport Publication

Sports-DAO ⛹️‍♂️ Building the largest network of 🤾‍♂️ Athletes & Connecting them with with the world 🏌️‍♀️ Turning🤸‍♂️ Athletes into Assets 🏆 #SportFI