Any a$$hole can create a low level alphabet group simply by coming up with a name for your group + finding a promoter who's willing to matchup two boxers to fight for your groups belt.
To come up with a more world wide respected group you'd probably wanna adopt the transnational rankings (probably the most respected rankings these days by boxing fans) as your official rankings or take up some other more respectable rankings then the current alphabet groups & do a Ring kinda deal (the old way, not the new way) with awarding titles to top 2 or 3 ranked guys when they fight each other. Probably won't get a lot of problems with the fighters getting another belt. And you'll slowly but surely gain some respect over time.
Try to get into one of the current sanctioning body and manipulate your way to the top. Then start implementing proper rules and rankings.
No one needs another sanctioning body.
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