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International Business Times
International Business Times
Business
William Jones

From Prison Cell to a $250 Million Vision: How One Man Rebuilt His Life — and the Sports Industry

Sixteen thousand people fill Dubai's Coca-Cola Arena. Cameras flash, football legends step onto the stage — and beside them stands a man who, just a few years earlier, was sitting in a detention cell on fabricated charges.

Today, Dmitry Saksonov is the founder of Blockchain Sports, a fast-growing sports-technology ecosystem valued at $250 million — a company built on lessons learned in isolation, adversity, and reinvention.

The Fall Before the Rise

Saksonov hardly fits the stereotype of a polished tech CEO. He prefers simple sportswear with the company logo. His Dubai office overlooks the Persian Gulf, but the conversation rarely begins with success.

In 2018, his crypto-mining business in Eastern Europe was thriving. Then came betrayal. People he trusted orchestrated a fabricated case to take control of his assets. Accounts were frozen; the company collapsed overnight.

"I was set up," he recalls. "They used the system as a weapon. Everything was planned."

He spent more than two years in pre-trial detention — accused, but never convicted. But instead of breaking, he analyzed. Reflected. Rebuilt his mindset.

"In isolation, you understand what can be taken — and what can't," he says. "I realized I needed to build something global, distributed, and resilient."

Rebuilding From Zero

When he walked free in 2020, he had no capital, no team, no infrastructure.

What he did have was discipline.

He restarted from scratch — borrowing equipment, renting a small workspace, working eighteen hours a day. By the end of the year, he had rebuilt a profitable operation.

But numbers weren't enough anymore. He wanted meaning.

That meaning revealed itself in 2022, during a trip to Brazil.

A Promise in the Favelas

While studying how football academies operate, Saksonov visited the favelas of Rio de Janeiro — places where poverty and potential stand side by side. Some children kicked makeshift balls on broken asphalt; others stood next to armed teenagers guarding drug corners.

"I've seen a lot — detention, pressure, survival," he says. "But a child holding a weapon instead of a football... that stays with you."

He promised local leaders he would build real football fields for the children. They didn't believe him — too many outsiders had made promises and vanished.

This time, someone returned.

Concrete. Markings. Goals. Real fields.

Respect replaced skepticism.

That experience planted the seed for what would become Blockchain Sports.

The Birth of Blockchain Sports

Blockchain Sports is built on a simple idea: opportunity shouldn't depend on geography or privilege.

The platform connects athletes, fans, and clubs through blockchain and AI — enabling supporters to help fund rising talent and share in their journey.

"Every athlete is a startup," Saksonov says. "You invest belief, time, and resources — and everyone grows together."

The company expanded quickly. Too quickly.

By 2023, the team had grown to more than 1,500 employees.

Rapid scale brought turbulence — delays, management issues, misaligned expectations.

"When you grow fast, people join for the wrong reasons," he says. "We had to clean house."

After restructuring, 270 core team members remained — the ones committed to the mission.

Building the Future

Despite setbacks, real infrastructure was rising.

Blockchain Sports built two football academies in Brazil, equipped with IoT tracking systems to monitor player performance.

It launched its own Layer-1 blockchain — Atleta Network.

It developed an AI-driven system to analyze player potential.

In February 2024, all of this took center stage at Dubai's Coca-Cola Arena.

Football icons attended, global media covered the event, investors from multiple continents joined.

"Six years ago, I was behind bars," Saksonov says. "Now I'm presenting a vision that can change sports worldwide."

The results were hard to ignore:

$250 million raised, multi-billion-dollar partnerships forming, and clubs across continents preparing to join the ecosystem.

Becoming Antifragile

In the months that followed, the company faced the same pressures that challenge any ambitious venture — market swings, global instability, and relentless criticism.

"There were moments when I was exhausted," he admits. "But quitting wasn't an option."

He remembered the children in Brazil. The investors who trusted him. The team that stayed.

"So we changed how we operate," he explains.

Three rules became fundamental:

Mistakes are part of growth

Corrections must be faster than discussions

Decisions must be driven by data, not emotion

"We became antifragile," he says. "Every blow made us stronger."

The Arena Ahead

In 2025, Blockchain Sports prepares to launch its flagship product:

Blockchain Sports Arena — a global sports social network.

Fans will earn tokens for engagement, content, loyalty, and challenges.

Clubs will build global communities.

Athletes will grow with real support.

A system connecting 3 billion fans and 300,000 clubs through blockchain and AI — gamified into one interactive experience.

"Everything can break," Saksonov says quietly. "Business, reputation, even the body. But spirit — only if you let it."

A man who rebuilt his life from nothing, who survived betrayal, detention, and failure — and built a global company from the ashes — doesn't look like someone who stops.

Not now.

Not here.

Not one step back.

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