In the International Olympic Committee`s (IOC) glorious history, the Games had never been postponed before, despite being cancelled twice due to World War I and II. Tokyo 2020 Olympic Games, the biggest sporting mega-event on the planet, is faced with an unprecedented situation in the contemporary scenario: a deadly COVID-19 pandemic (SARS-CoV-2) which caused its postponement. This chapter briefly discusses Olympism in the face of encountering humongous challenges and enlightens the reader with a new dimensional meaning of peace and its relationship with sport in the same way that sports are used as tools to disseminate Pierre de Coubertin`s philosophy. Peace must be evidenced to provide a consolidation of educational elements. It is concluded that social well-being, life values, and understanding the digital progress of society require Olympism to be redefined in the modern context. Yet, the reality of the novel coronavirus pandemic and other elements such as cultural, political, space and time diversity along with pressure on the International Olympic Committee to restructure itself to accompany the global development of the new decade beginning in 2020.
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