$75,592,940,968,183 Global GDP + 3,035,749,340 Web Sports Fans = The New Sports Economy

December 18, 2014 in public

NHL Legend, Bernie Nicholls says: “This isn’t just a market for trading without a purpose…”

(credit to: http://finance.yahoo.com/news/75-592-940-968-183-134000968.html)

LOS ANGELES, Dec. 18, 2014 /PRNewswire/ — AllSportsMarket is releasing the ASM Free! Web App in the coming weeks expanding sports trader access far beyond the current 11.7 percent share of the current Apple iOS platform to nearly every mobile device, desktop and Web appliance (such as Roku) around the world.

Webapp_Icon

NHL Legend, Bernie Nicholls says: “Obviously when you can get into the hands of sports fans everywhere, on almost any device, it adds to the excitement of having more people to compete against. The level of competition that sports fans will experience is something I believe will surprise a lot of people. This isn’t just a market for trading without a purpose, as the level of thought and understanding of real stock markets that has gone into the creation of this market for trading performance based sports stocks, is amazing. Like I said, people are going to be surprised when they open up this App.”

AllSportsMarket (ASM) is a sports stock market where you can buy and sell sports teams and get paid dividends as your teams win. To prepare sports fans and traders for The New Sports Economy, ASM Free! is presently trading all NBA, NFL and NHL teams 24 hours a day as a free-money app. It is a live demonstration of the 3 main future benefits of the coming real-money markets:

Price Creation

Every financial instrument creates a price. The price of Microsoft, gold or oil is known. If sports will be traded like everything else, it should produce price information like everything else. Neither daily fantasy, nor sports betting is designed to do this and the stock market format also ensures that fortunes are not lost overnight.

Integrity Preservation

Even with careful monitoring, sports betting will always attract bad actors because there is so much at stake. Designing the right incentives from the start provides a much better answer. On ASM, game-based payments are not at the levels where cheating makes sense. When people don’t have the incentive to cheat, they simply won’t. Knowing that, the public will be fully trusting instead of skeptical, which will lead to much deeper fan engagement.

Rebuilding the American Dream

The United States is built on the unshakeable belief that any hard working person can make it and that we all have equal access to opportunity. Recently, however, the overall confidence in the American dream has taken a big hit and nobody has offered any workable solutions. It needs to be restored. But how?

Combining sports and finance in socially beneficial ways makes it happen. People love sports and they are passionate about it. A well-functioning sports stock market will shatter the financial barrier for fans by creating new ways to make money based on sports. Collectively, our passion for sports will lead to entrepreneurship, jobs and growth.

Sports betting and fantasy for money are inferior systems that don’t create prices, preserve integrity or make a meaningful economic difference. There is a better way.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and to enter the 2015 AllSportsMarket Web App Super Bowl Challenge for FREE!, visit: http://www.ASMFree.com and click the orange Web App icon beneath the Apple download button.

Contact:
Jason Henry  – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email
http://www.ASMFree.com

 

NBA Backed Sports Bets and Fantasy for Money? There is a Better Way Forward

November 19, 2014 in public

(credit to http://finance.yahoo.com/news/nba-backed-sports-bets-fantasy-133000276.html)

LOS ANGELES, Nov. 19, 2014 /PRNewswire/ — Adam Silver, NBA commissioner, recently said in a New York Times piece that sports betting should be legalized. There is a better way forward.

NHL Legend, Bernie Nicholls says: “I can see why the leagues would want to try to get their hands on the betting world and try to clean it up, but they are opening a door that can’t be closed. What happens when a team like the San Antonio Spurs rests their best players on a night where they are playing a bad team? The Spurs do this on a regular basis; what happens when the league is being called out for allowing them to ‘throw games.’ I’m not saying that they do throw games, or that they lost every time they rest their stars, but why open that door and offer the public the option of saying they are.”

The traditional fantasy sports format increased fan engagement. More recently, the creation of daily fantasy attracted further interest and created a lot of deal activity in the sports industry.

Nicholls continues: “The fantasy world took a ‘one day’ which ends up looking more like gambling, in my opinion. Fantasy sports as a season long investment, is fun and you can’t, usually, lose loads of money playing it. I’m sure there are big players in the fantasy world, but in a season long pool, at least you are not going broke over the course of a week, or month. Having the leagues tied to these daily fantasy leagues has some benefits out of the gate, but I’m not sure they are the ‘answer’ that these leagues are looking for.”

If daily fantasy is the state of affairs today, legalized sports betting is where the market is potentially headed. After all, NBA announced a deal with FanDuel Wednesday and Adam Silver’s opinion piece appeared Thursday. Legalizing sports betting, which happens to be the only system known that accomplishes speculation in sports at a mass scale seems like a natural next step. A natural next step, however, is not the same thing as the best way forward.

AllSportsMarket (ASM) is a sports stock market where you can buy and sell sports teams and get paid dividends as your teams win. In preparation for the future, ASM is presently trading all NBA, NFL and NHL teams 24 hours a day as a free-money app for Apple devices. It is a live demonstration of the 3 main future benefits:

Price Creation

Every financial instrument creates a price. The price of Microsoft, gold or oil is known. If sports will be traded like everything else, it should produce price information like everything else. Neither daily fantasy, nor sports betting is designed to do this and the stock market format also ensures that fortunes are not lost overnight.

Integrity Preservation

Even with careful monitoring, sports betting will always attract bad actors because there is so much at stake.

Designing the right incentives from the start provides a much better answer. On ASM, game-based payments are not at the levels where cheating makes sense. When people don’t have the incentive to cheat, they simply won’t. Knowing that, the public will be fully trusting instead of skeptical, which will lead to much deeper fan engagement.

Rebuilding the American Dream

The United States is built on the unshakeable belief that any hard working person can make it and that we all have equal access to opportunity. Recently, however, the overall confidence in the American dream has taken a big hit and nobody has offered any workable solutions. It needs to be restored. But how?

Combining sports and finance in socially beneficial ways makes it happen. People love sports and they are passionate about it. A well-functioning sports stock market will shatter the financial barrier for fans by creating new ways to make money based on sports. Collectively, our passion for sports will lead to entrepreneurship, jobs and growth.

Sports betting and fantasy for money are inferior systems that don’t create prices, preserve integrity or make a meaningful economic difference. There is a better way.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and a free download, visit: http://www.ASMFree.com

Contact:

Jason Henry – AllSportsMarket (ASM) Media Relations
iPhone (705) 772-7066 or Email

http://www.ASMFree.com

 

AllSportsMarket Offers Free 24/7 “Reality Sports” Data to NFL, NBA and NHL

November 6, 2014 in public

(credit to: https://finance.yahoo.com/news/allsportsmarket-offers-free-24-7-134000041.html)

… asking “Is it useful?”

LOS ANGELES, Nov. 6, 2014 /PRNewswire/ — AllSportsMarket (ASM), the World’s First Sports Stock Market, is releasing a major upgrade to the popular ASM Free! (http://www.ASMFree.com) mobile and tablet trading App. Included are advanced sports market analytics and charting never seen before. ASM trades all NFL, NHL and NBA teams live 24 hours a day and is the first of its kind.

 

NHL Legend Bernie Nicholls says: “With fantasy sports having a huge impact on sports fans it’s easy to see how our App is going to not only complement the tools a fantasy player uses, but it has the potential to become something that replaces some of those tools.”

Charts_Medley

 

Using data derived from the market, fantasy fans can value the players on more than just the player’s stats. As the perception of the team the player is on may be higher or lower than what was expected, players from that team may be overvalued or undervalued.

The price changes on ASM could be driven from traders who see a winning or losing streak on the horizon helping the fantasy player project who they should bench for a game, handful of games, trade or even drop from their team.

The new advanced analytics and graphs will provide fantasy sports players with a new monthly view of their favorite team’s past and future performance. Publicly available information including team price and dividend reserve fluctuations and potential payout per share, will all provide new signals of a team performing well, a team performing poorly, or a team in the middle of the pack over a 30-day period. This is welcome news for fantasy players who have limited time to keep up with the wealth of sports information out there to make better informed fantasy roster and team decisions.

Technical mastermind Ace Underhill says: “This market data is not intended to be portrayed as the savior of the fantasy world. We want to open the door to the conversation of whether or not it can be utilized. We are asking fantasy sports players to download the free App, use it and drop by our forums and tell us what they think. It’s a free download with ASM $2,500 to start: http://www.ASMFree.com.”

“Download the App and register your account using the referral code: BERNIE and I will enter you into a drawing for an autographed jersey of your choice from my teams: Los Angeles Kings, New York Rangers, Chicago Blackhawks, Edmonton Oilers, New Jersey Devils or the San Jose Sharks,” Bernie concludes.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Ace Underhill is the sole technical architect with over 15 years’ experience working in movies, television, and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters and other top artists worldwide. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and a free download, visit: http://www.ASMFree.com

Contact:

Jason Henry
AllSportsMarket (ASM) Media Relations
(705) 772-7066
http://www.ASMFree.com

AllSportsMarket, the World’s First Sports Stock Market, Trades 297,108 Shares Totaling $4,350,963.70 in First 70 Days

October 24, 2014 in public

(credit to: http://finance.yahoo.com/news/allsportsmarket-worlds-first-sports-stock-124000198.html)

LOS ANGELES, Oct. 24, 2014 /PRNewswire/ — AllSportsMarket (ASM) traded 297,108 shares in the first 70 days of continuous market operation across the NFL, NHL and NBA sports team trading markets. This represents a total trading volume of $4,350,963.70. NHL Legend and company spokesman, Bernie Nicholls says: “The people I show this to get very excited. They quickly see the entertainment value in what we are doing here. It’s not gambling, it’s investing, and what better entertainment than investing in the teams you love.”

Photo – http://photos.prnewswire.com/prnh/20141023/154080 
Logo – http://photos.prnewswire.com/prnh/20141023/154079LOGO

On Oct. 23, 2014, proceeds from NFL IPOs were used to increase the dividend reserve of all 32 NFL teams by $15,000 and a 3-to-1 split was announced for November 1, 2014. Ace Underhill, co-founder and sole technical architect says: “I can’t believe it’s happening already… our first stock splits. Exciting times indeed!” Nicholls comments on the season: “With Peyton Manning and his Denver Broncos playing top notch football, it’s hard to argue they are not the best team in the NFL.  With the way the Seattle Seahawks have stumbled the past couple of weeks, I think the door is wide-open for the Broncos to finish off what they started last year, and win the Super Bowl.”

On Oct. 23, 2014, proceeds from the NHL IPOs were used to increase the dividends of all 30 NHL teams by $20,000 and a 2-to-1 split was announced for November 1, 2014. Nicholls considers the hockey action this year: “Having played with the Kings and having been a part of the 2012 Stanley Cup Championship, it’s hard for me not to pick them as the one of the best in the NHL, but you can never count out a healthy Sidney Crosby and the Pittsburgh Penguins. Sid’s the best in the game, and when he is healthy, he is nearly impossible to stop.”

The NBA market is currently trading with first dividends paying at the conclusion of the opening match between the San Antonio Spurs and the Dallas Mavericks Tuesday, October 28, 2014.  “If I was to pick a couple of teams to invest in, I would say the Chicago Bulls look strong this year and I would be crazy to leave out Lebron James and his Cleveland Cavaliers. Anytime you have a player like Lebron James, you have a chance to win, and with the supporting cast in Cleveland more than capable of holding their own, I will be surprised if they don’t end up winning it all,” Nicholls concludes.

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) nonprofit organization established to teach finance through sports. Ace Underhill is the sole technical architect with over 15 years’ experience working in movies, television, and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters and other top artists worldwide. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and a free download, visit: http://www.asmfree.com/

Contact:
AllSportsMarket (ASM) Media Relations
Jason Henry  (705) 772-7066
Email
http://www.asmfree.com/

Snoop Dogg Teams Up with NHL Legend and Hollywood Stuntman to Teach Kids Finance Using Sports through AllSportsMarket

October 16, 2014 in public

(credit to: http://finance.yahoo.com/news/snoop-dogg-teams-nhl-legend-123500185.html)

LOS ANGELES, Oct. 16, 2014 /PRNewswire/ — By contributing to the Snoop Youth Football League (SYFL) and supporting their efforts, AllSportsMarket (ASM) seeks to end financial illiteracy and create exciting new opportunities by teaching kids finance using sports. Separating SYFL from most programs is their classroom setting and focus on education in addition to athletics which makes the combination the logical next step.

Bernie says: “I love the kids and I always have. I love the youth camps and programs. Having Snoop on board is just awesome. I know we’ll do great things together.” Since the October 3, 2014 public launch of ASM Free!, Bernie has been very busy with major media including the New York Times and Los Angeles Times along with radio interviews and upcoming television appearances. “I’m doing all I can to get the word out,” Bernie concludes.

It all starts with the kids: “The children are our future. As cliche as that sounds, it’s true. Financial illiteracy in this country, and the world, represses people’s abilities to overcome the day-to-day challenges of earning and handling money, as well as planning for their future. What if you could focus all that sports knowledge and passion into a positive change for your personal future?” Ace asks in his “manifesto” on the sports trading movement. Snoop read it and said: “Run with it everywhere.

The Snoop Youth Football League is a 501(c)(3) non-profit organization founded to provide the opportunity for inner-city children to participate in youth football and cheer. The SYFL serves children between the ages of five and thirteen, teaching them the values of teamwork, good sportsmanship, discipline, and self-respect, while also stressing the importance of academics. Visit:http://snoopyfl.net/

AllSportsMarket (ASM) is operated by The New Sports Economy Institute, a 501(c)(3) non-profit organization established to teach finance through sports. Ace Underhill is the sole technical architect with over 15 years experience working in movies, television, and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters, and other top artists worldwide. Bernie Nicholls is ASM’s spokesman and sports industry liaison. Bernie was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years. For more information and a free download, visit: http://ASMFree.com

Contact:

AllSportsMarket (ASM) Media Relations
Jason Henry  (705) 772-7066
Email

Snoop says: “Run with it everywhere.”

Snoop says: “Run with it everywhere.”

Bernie Nicholls sharing the joy of the 2012 Stanley Cup with a young fan.

Bernie Nicholls sharing the joy of the 2012 Stanley Cup with a young fan.

Snoop says: “Run with it everywhere.”

October 8, 2014 in public

Snoop.Ace

 

It is official! We can tell the world!

ASM Free! will donate 10% of gross revenues to the Snoop Youth Football League (http://snoopyfl.net/) and we will pilot our sports finance education program there. Snoop will feature Bernie on his show in the coming weeks. When Snoop said “Run with it everywhere.”, he was talking about this, which we will soon publish:

“Why I Want to Give Millions…”: https://thenewsportseconomy.com/wp-content/uploads/2014/10/Aces-SYFL-Manifesto-Part-1.pdf

We starting receiving contacts from the New York media the next business day after we sent our release. Jill Lublin (http://www.jilllublin.com/), our publicity expert, said we shouldn’t expect anything for weeks! So, we are way ahead of the game. Here are links to very recent radio interviews:

TSN Radio 1050 in Toronto (go to 26:08): http://iphone.tsn.ca/tsnpodcasts/MR_Hour3_Oct7.mp3

CBS Sports Radio interview with Bernie: https://www.evernote.com/shard/s76/sh/5420d26a-693e-4aba-8cd6-a6682ae36abd/3cdea2354224772eedc2cc3511db46c6

More Interviews are in process. We are setting up a social media push for tonight’s start of the 2014-2015 NHL season. Now is the time to pitch in! Follow Bernie on Twitter and Instagram and like his Facebook page. When the games start, like/retweet his ASM messages and share/like his Instagram and Facebook posts. Here are the links:

Twitter: https://twitter.com/bernienicholls9

Facebook: https://www.facebook.com/bernie.nicholls.18

Instagram: http://instagram.com/bernien9

 

FOR IMMEDIATE RELEASE: Hollywood Stuntman & Hockey Legend Build World’s First Sports Stock Market

October 2, 2014 in public

 

For Immediate Release                                                                               AllSportsMarket (ASM) Media Relations

                                                                                                                      Jason Henry  (705) 772-7066

                                                                                                                      Jason@ASMFree.com

 

(LOS ANGELES, CA) – NHL hockey legend, Bernie Nicholls, and Hollywood stuntman and filmmaker, Ace Underhill teamed up to build the World’s First Sports Stock Market.  This unique combination of talent drew the attention of comedian, Christopher Titus, film and television star, Zack Ward, triple Grammy winner, Ben Moody and many other celebrities and athletes who are participating in the worldwide launch over social media.

Bernie says: “As a player, I always loved the fans and appreciated them. I’ve tried to give back as much as I can. AllSportsMarket is taking it to the next level by opening up a whole new world of fun and opportunity for sports fans everywhere. It’s simple.  You buy and sell teams like stocks on the stock market. When they win, you win!”

“ASM is a quantum leap beyond fantasy sports.” Ace continues. “We know fans love consuming all the data they can find, following their players and bragging about them, but something is missing… a REAL connection to their favorite teams. We enable fans to own the game. Working tirelessly for over a decade, we finally unlocked new value for the fans in the sports trading revolution.”

To find out more, visit http://ASMFree.com/

   Bernie Nicholls

Centre Bernie Nicholls was an explosive scorer who accumulated over 1,200 career points while playing for six NHL teams. During his prime, the talented pivot was one of the more dangerous scorers in the league and, later, his savvy and natural talent allowed him to remain a multi-faceted contributor to his team. Recently, Bernie helped coach the L.A. Kings to their first Stanley Cup in 47 years.

   Ace Underhill

A Hollywood stuntman and filmmaker, Ace has over 15 years experience working in movies, television, and music videos with such luminaries as Snoop Dogg, Coldplay, Rihanna, Foo Fighters, and other top artists worldwide. His technical and entrepreneurial career began young with his developing several businesses including a production company and recording studio.  Ace proved himself so proficient with computers that he earned 2 years of college credits before graduating high school and substituted computer languages for state-required foreign languages. Ace is the sole technical architect of AllSportsMarket (ASM).

                                                                                                        ###

 

 

IRS Grants ASM Free! Tax-Free Status!

September 11, 2014 in public

IRS_logo

 

ASM Free! Granted 501(c)(3) Tax-Free Status!

 

On Tuesday August 5, 2014, the United States Internal Revenue Service granted The New Sports Economy Institute (NSEI) tax-exemption as a 501(c)(3) public charity and NSEI operates ASM Free!

Click here: http://thenewsportseconomy.com/wp-content/uploads/2014/08/NSEI.501c3.Granted.8.5.14.pdf

Here is the mission:

Educating the public

The recent financial crisis has touched the lives of many people. Jobs were lost, homes were vacated and businesses went bankrupt. Morale declined significantly, retirement ceased being an option for a lot of individuals and pessimism took over. While the economy seems to be improving slightly, a broad recovery is yet to be felt by the general public. The experience is likely to stay with us and change our behavior for many years to come.

The financial markets became so complex that uncovering the exact reasons of the crisis is an elusive task. However, the evidence is undisputed that the broader public was removed from the intricacies of the financial world more than ever before. While this cannot start a crisis on its own, it certainly made the effects felt more widespread and the path to a recovery longer.

So, what do we do? Financial reform is a step in the right direction for certain. But, the best protection comes from understanding the risks and inner workings of the financial world, not from eliminating certain practices or creating a few more agencies with oversight responsibilities. To be clear, better oversight is sorely needed and will, to some extent, ensure that corporations do not benefit at the expense of the consumer. However, unless the consumer is well-educated and understands the risks and what can be done to manage those risks, the cycle is likely to repeat placing wide-ranging policy decisions in the hands of a handful of people once again.

We believe that the public is smart but it is unfair to expect them to be up to date with everything going on in the financial sector. Making things worse, money attracts all types of people into the finance business. There are those who are very skilled at what they do and hold themselves to the highest ethical standards. There are some whose practices are technically legal but not necessarily ethical. Finally there are con artists and crooks doing everything possible to make a quick buck at your expense.

So, how do you separate one from another?

There is only way: knowledge and understanding. Every individual and every family must understand finance and money at a basic level to distinguish between the good, the bad and the ugly.

Of course, teaching finance is already a lucrative business. There are many excellent books and advisors providing good advice. But the same problem exists: how do you separate the good from the bad and good intentions from crooked ones? The business of making money may be bigger than the business of teaching money but the latter is still significant so it draws a mixed crowd to the field.

Finally, the ever increasing complexity of finance makes it very difficult for the general public to digest advanced concepts.

Overall, there are some decent attempts in the marketplace. But, is it really working? No, not really.

The rules of financial education need to be rewritten.

The solution is to go back to square one and start the learning process over. The best way to learn something is start at a familiar place and work your way up the learning curve identifying similarities and differences.

That familiar place is sports.

Most of us watch sports, play sports and consume it heavily. We talk sports and we live sports.

We know sports.

The idea of using sports to educate is not new but it presently exists in disconnected and unorganized pieces. A college professor may use the technique in his class. A company may encourage sports for team building and morale. Those efforts are laudable but they don’t achieve a certain threshold to become widespread and meaningful for the society at large. The process has to be more organized to reach a tipping point and to make a lasting difference.

The New Sports Economy Institute will provide comprehensive finance education using a sports-based curriculum so the public will make better personal financial decisions in their daily lives. To this end, public and private funds will be sought along with available accreditations and certifications. Best available practices will be maintained throughout to facilitate the normal functions, operations, programs and pursuits incidental to a fully recognized and operational nonprofit institute for the effective delivery of global public education. Building out this mission is a full-time effort currently carried out by volunteers and company directors.

Since incorporation on July 9, 2011 the core team has been actively engaged in the planning stages. Presently we continue to build on our core implementation plan with an eye toward specific objectives, budgets and timelines. The primary delivery vehicle will be the Internet and a prime driver will be ease of access at little to no cost. Our mission is to deliver valuable and practical sports-based finance content that can be readily accessed on a mobile device from New York to the Democratic Republic of the Congo.

 

LEGAL NOTICE: AllSportsMarket® (ASM) on The Global Sports Financial Exchange® International Patent Pending in 148 Nations

May 31, 2014 in public

map

 

We filed an international patent application with the U.S. Receiving Office in accordance with the United Nations World Intellectual Property Organization Patent Cooperation Treaty (PCT) on May 30, 2014.  Covered nations are in blue on the above map.

Details on the PCT can be found here: http://www.wipo.int/pct/en/

The 148 member nations are listed here: http://www.wipo.int/pct/en/pct_contracting_states.html

Our patent application (PCT/US14/40400) confirmation documents are downloadable here: https://thenewsportseconomy.com/wp-content/uploads/2014/05/ASM.PCT_.5.30.14.zip

 

 

Own the Game™ in 66 Days

May 29, 2014 in public

Copyright © - 2014 Crystal World Holdings, Inc. All Rights Reserved.

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