After founding the sport in 2003, Rubingh formed CBG two years ago to establish a professional global league.The popularity of chessboxing continues to rise as increasing numbers trial the sports unique blend of mental and physical challenges. A chessboxing fight consists of up to 11 alternating rounds of chess and boxing. Competitors have a maximum total of nine minutes for each discipline. A fight can be won by knocking an opponent out in the ring, via a checkmate in chess, by a judges decision, or if a competitor exceeds their chess time limit. Unlike most other sports, chess boxing requires both adrenalin and concentration, it takes nerves and muscles of steel,” said Rubingh. The first rule of chessboxing is control yourself before your opponent does.
Buoyed by the successful staging of sold-out world championship events in Moscow and Berlin, hes been looking for investors to help fund the sports continued growth. Chessboxing produces a unique form of intelligent entertainment,” said Rubingh. The global success of the Ultimate Fighting Championship shows the potential if you create the right sport and deliver it to the right audience. And unlike most entrepreneurs, Rubingh is willing to put his gloves where his wallet is and offer interested parties a unique investment opportunity. In addition to his latest Seedrs campaign, hes proposing a “blood and sweat equity bout” where investors can fight for a share in his company by challenging the sport’s creator in the chessboxing ring. However, investors need to be sure they’re up to par given that a loss comes with quite a hefty price. The loser of a”blood and sweat equity” match will face a compulsory investment of 38,000 in the firm the equivalent to a one percent holding. If Im beaten fair and square in the ring, Ill hand over one percent of my company no questions asked,” said Rubingh. But I want to warn interested investors theyll need deep pockets. If I win and I normally do theyll have to have their cheque book ready as theyll have to agree to invest 50,000. As in all walks of life, theres always a price tag attached to winning and losing.
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