Description
The Metaverse Sports League membership license gives the purchaser the rights to choose the seat location at anyone of a number of our sports venues in the order that the license was purchased
All MSL’s are the same price however, early adaptors earn the right of the first choice of seat locations in exclusive areas such as VIP boxes, center court, 50 Yard Line and premier concert seating.
Seat licenses are being sold as Limited Edition NFT’s. NFT’s are non-fungible tokens, which in this case, is nothing more than proof of ownership for the seat license. This proof is minted on a blockchain and is crucial to help prevent fraud.
What do you get?
Purchasing a seat license NFT will give you access to our metaverse stadium events. The action comes to you through virtual reality for those who aren’t able to attend events physically or enhanced reality through augmented reality for ticket holders who attend in person. Once our physical stadiums are built, you will get your choice of seat tickets in your choice of stadium on a first come, first served basis. Buying our NFT now will get your name on the list.
Our stadium projects are designed to revitalize communities and provide access to the underserved.
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Teams usually set specific windows for processing transfers in order to finalize changes before season ticket invoices and/or play-off ticket invoices are issued. PSL Source’s transaction process coincides with each Team’s particular transfer periods and protocol.
When the Transfer Period is OPEN
Should a PSL Source negotiation be completed while a Team’s transfer period is open, then the following will occur:
1. Secure contracts between Buyer and Seller
2. Secure & hold Buyer’s funds in trust until the transfer is executed
3. Execute the transfer with the Team
4. Release the balance due to the Seller
When the Transfer Period is CLOSED
Should a PSL Source negotiation be completed and fall outside of a Team’s transfer period, then the following will occur:
1. Secure contracts between Buyer and Seller
2. Secure & hold Buyer’s funds in trust until the next transfer period
3. Execute the transfer with the Team
4. Release the balance due to the Seller
Transfer Periods & Related Fees
| TEAM NAME | 1st TRANSFER PERIOD | 2nd TRANSFER PERIOD | FEE | PER |
|---|---|---|---|---|
| TBA | ||||
* – Indicates that final execution of the transfer may be delayed until the conclusion of the season if the seller manages the electronic tickets (ex: sell or transfer) prior to the completion of the transfer of the seat licenses
All transfer periods subject to change at the team’s discretion and without notice.
Prices are set by the Team and are not negotiable.
A ‘Transfer’ is defined as a transaction between one (1) buyer and one (1) seller. The Buyer is responsible for the initial transfer fee. Should subsequent transfer fees be applied to account for additional buyer or seller accounts, the related party is responsible for any additional transfer fees incurred.