1. Sportbot is a self-regulated, (deregulated) by-invitation-only platform. The primary reason for this is to create a TRUSTED platform where people can feel safe to transact. Sportbot members will go through an onboarding verification process.
2. The Sportbot Exchange is a module of the Global POLC Exchange. It should therefore be possible for any member in the world to trade or perform commerce on the Global Platform for On-Line Commerce.
3. Shares will initially be sold in USD.
4. We are an agnostic exchange and are not responsible or liable to regulate the share price of any player or athlete. Therefore after the initial shares have been subscribed the price can go up or down.
5. One million Sportbot Shares™ will be made available and issued per individual globally.
6. Only one million shares in a person are issued or floated on the Sportbot Exchange (POLC Exchange).
7. For Junior and Amateur IPO listings (Initial Public Offering), an initial 100,000 shares will be floated on the Sportbot Exchange first. Once all these shares are fully subscribed or taken up, the process to release the second tranche of 100,000 shares will be initiated. It should be noted that during the first release of Sportbot Shares™, the price of these shares remain at a fixed value until all shares have been bought.
8. Shares are released in 10 tranches of 100,000 shares. This rule applies to Junior and Amateur Sportbots.
9. Sportbot charges a fee of 5% of all new shares issued globally.
10. For new shares, a fee of 1% is paid to the entity that introduced and helped to register the sports star or athlete onto the Sportbot Exchange (Trust sponsor).
11. Referral fees may be limited to a maximum of 3% of the value of each transaction, which will be split amongst the parties to any transaction. As an example, assume Sportbot Shares™ are traded between A and B in Sport Celebrity C then the individuals who introduced and managed to get A, B and C to join the POLC Platform or Sportbot Exchange each get 1% of the transaction value. For Global Sport Stars, athletes, celebrities and associates an additional 0.5% could be payable which fundamentally means an additional 1.5% (3 x 0.5%) could be payable to all parties. This has the effect that of the 6% charged per transaction, up to 4.5% could be payable in Referral fees. However, there are no further levels, else the transaction fees would simply become too high.
12. After the first 100,000 shares have been subscribed, a process starts where for a period of 7 days the initial shareholders have the opportunity to sell their shares at a higher price. Sportbot will release shares on a pro-rata basis to those buyers bidding at the highest price for the next 200,000 Sportbot Shares. Therefore during the second tranche of shares being floated on the Sportbot Exchange, the highest bidders will receive the 100,000 shares on a pro-rata basis. Sufficient funds must be available in the wallets to buy these Sportbot Shares™ at that price.
13. The 7 days will then determine the Volume Weighted Average Price which will determine the listing price of the next 100,000 shares. This process will be repeated until all shares are sold in a player.
14. Junior Sportbots will become available from the age of 12 with specific consent from both biological parents, which is the legal guardian(s) of a minor child. A minimum value of shares that can be bought will have to be determined by the associated Sportbot Investment Committees. Junior Sportbots will move to Amateur Sportbots after reaching the age of 18.
15. Selected Trust sponsors in the industry will release funds to the parents to be spent on their children’s sports events, coaching, clothes, etc. Parents and guardians must upload the receipts of products bought or accommodation paid for etc. into the player’s document vault. In addition, various third-party Sportbot Trustees will be appointed to oversee the release of funds per sports star or athlete. This will not be monitored unless requested.
16. For minors ages 12 to 14 years old, listing values will start at USD 70,000 each. Depending on the sport type and Sportbot’s associated investment executive committees, these values will be adjusted per sport and increased up to USD 300K. Therefore, for our Junior Sportbots, 10% of their Sportbot Shares™ will be released in the first tranche at a value of USD 7,000. Therefore each of the first 100,000 shares released will be available at USD 0.07c per Sportbot Share™. Players above the age of 14 will be listed at a higher IPO value as recommended by the associated executive committee for that sport and the Sportbot Holdings International Board of Directors.
17. It is highly recommended and proposed to Sportbots to declare a 2% to 10% dividend to its existing shareholders should a significant sponsor contract be awarded or a significant tournament win is achieved. This will assist in pushing up the underlying value of the sports stars’ Sportbot Shares™
18. Determination of the IPO of Professional Athletes or Sport Stars will be done as follows:
    1. Professionals Sport Stars and athletes will be IPO’ed based on the following initial principles.

Income received or prize money received in the last year. (Evidence to be provided). Take this value and multiply this x 5. If earnings were USD 1m then the value is USD 5m.

1. Total Number of combined followers on Facebook, Instagram, Tik Tok, Instagram, and Twitter accounts – Apply 0.1 multiplication factor per 100,000 followers. Should an individual have 500,000 followers then the IPO will be at USD 7.5m?
2. Where a player is valued more than USD 10m, fractional shares will be made available to make the trading of Sportbot Shares™ more affordable to the general public.
3. Other factors will be considered such as titles, and records held not necessarily related to monetary value with a maximum additional loading of 1.
4. Post-professional players will be treated on an ad hoc basis but taking similar factors into consideration.

19. International sports stars will be able to manage their share portfolio themselves.