Institutions and superstars gather, what role will Crypto play in the sports industry?
There hasn’t been a lot of news related to crypto and blockchain technology in the sports industry this week, but there’s still plenty to discuss.
Last week, former baseball superstar Alex Rodriguez shared his optimistic views on the crypto space.Another bank after JPMorgan is entering the virtual world and wants to tie in with the sports industrysecondary title
Alex Rodriguez: Blockchain Technology Can Bring Sports Team Ownership to the Masses
A new report from Bloomberg last week cites former MLB superstar Alex Rodriguez speaking at a recent futures industry association.
At the association,The New York Yankees veteran opened discussions with crypto executives including FTX CEO Sam Bankman Fried, expressing optimism about the potential of blockchain technology in sports。
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HSBC acquires land in The Sandbox, wants to focus on sports and esports
HSBC is a large banking group with nearly $3 trillion in assets under management.
On Wednesday last week, HSBC became the first bank to secure properties on Sandbox and said it would use the digital asset to reach out to sports and e-sports fans.
In February this year,JPMorgan Chase, Also a Banking Giant, Gets Virtual Land in Decentraland。
How HSBC will connect with the sports and e-sports audience is yet to be determined, but they may forge deeper partnerships with existing sports partners such as the World Rugby Sevens Series or the LPGA Tour.
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Ronaldo-backed FanCraze raises $100 million
FanCraze is a cricket NFT market built on the Flow chain. NBA Top Shot and NFL All Day are both products developed by Dapper Labs based on the Flow chain.
According to the latest news from Bloomberg last Friday,FanCraze is raising $100 million in Series A funding, with backers including soccer legend Cristiano Ronaldo.
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deVere Group Launches NFT Marketplace
Financial giant deVere Group plans to launch a new NFT platform called dV Gems. The platform has partnerships with the NBA and the Formula One World Championship.
A deVere representative said the sports industry’s adoption of NFTs is a “golden opportunity and way to make money” allowing “fans to express their love for their favorite teams, athletes, and moments in history.”
We think this is not just an opportunity, but a good place to start. "
Regarding this new market, Nigel Green, CEO of deVere Group, said: "NFTs are an exciting new asset class that should not be overlooked or overlooked by those looking to build wealth over the long termsecondary title
Draft King Launches March Madness NFT
It's March, and if you're a college basketball fan, it's probably your favorite time of year.
As DraftKings continues its stance of being active in blockchain technology, the mobile sportsbook has released a new NFT series, the "2022 College Hoops Collection."
The company will use its DraftKings marketplace to launch 8 unique NFTs, with the 9th being airdropped to all holders of the first 8.
DraftKing co-founder Matt Kalish has this to say about the new series "DraftKings is already deeply embedded in the sports industry's biggest moments, and new NFT series will drive engagement even further, and also provide incentives to build the first bridge for our game products. "
At the same time, Matt Kalish said, "Few times can match the drama and importance of college basketball in March, which is why we chose this time to launch this new digital collectibles project."
The original text comes from bitcoinist, compiled and organized by Blockchain Knight, the English copyright belongs to the original author, please contact the compiler for Chinese reprint.
