Новые инструменты финансирования в спорте: NFT- и фан-токены

Ключевые слова: экономика спорта, финансы в спорте, экономика футбола, финансы в футболе, цифровые активы в спорте

Аннотация

В настоящем исследовании рассмотрены возможности и сопутствующие риски цифровых активов, специфика их применения спортивными организациями, описана  схема размещения фан-токенов и сформулированы предложения по их использованию для российских футбольных клубов, которые были выбраны в качестве объекта исследования в силу наличия необходимых данных и сформировавшегося рынка. Методология исследования предполагает анализ годовых отчетов футбольных клубов и публикаций в профильных изданиях, а также интервью с представителями клубов и цифровых торговых площадок. Авторами проанализированы результаты торгов  фан токенами 47 зарубежных клубов, выявлены и количественно измерены факторы, влияющие на их доходность. На основе зарубежного опыта сформулированы предложения для российских клубов, направленные на сотрудничество с цифровыми площадками, выпуск NFT-токенов и NFT-коллекций. Кроме того оценен возможный доход от использования подобных инструментов, складывающийся из двух составляющих: первичное размещение (ICO) и вторичный рынок. Предложения и расчеты авторов могут быть использованы профессиональными клубами, представляющими другие виды спорта и прочими субъектами индустрии спорта – производителями экипировки и оборудования, фитнес-клубами, объектами инфраструктуры и т.д. В качестве направлений дальнейших исследований предложен анализ ряда дополнительных факторов, которые потенциально могут оказывать влияние на доходность фан токенов.

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Опубликован
2022-06-01
Как цитировать
СолнцевИ., АлексееваА. и СусовЯ. (2022) «Новые инструменты финансирования в спорте: NFT- и фан-токены», Journal of Corporate Finance Research / Корпоративные Финансы | ISSN: 2073-0438, 16(2), сс. 107-119. doi: 10.17323/j.jcfr.2073-0438.16.2.2022.107-119.
Раздел
Корпоративная финансовая аналитика