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Crypto Corner: The Sports Slice

Crypto Corner: The Sports Slice

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Last week’s information of Crypto.com’s sponsorship of the Australian Football League continues to resonate all through sports activities and crypto headlines, leaving combined evaluations across the new deal. While we highlighted that story in final week’s Slice, we’re on to the newest motion this week, protecting the largest tales in sports activities and cryptocurrency from the previous seven days.

Dapper Labs continues to roll out it’s newest merchandise, constructed totally on the spine of Top Shot, Tom Brady’s NFT platform Autograph closes out it’s newest fundraising efforts, and Serena Williams is a brand new board advisor for one of many greatest sports activities NFT platforms in the marketplace.

It’s all of those tales, after which some, with every week’s Sports Slice. Let’s bounce in.

The Sports Slice

UFC And Dapper Labs Launch NFT Product

UFC Strike, the newest platform debut for main sports activities NFT agency Dapper Labs and it’s Flow blockchain, is about to go stay as we speak, as the corporate started making sturdy advertising strides this week main as much as launch.

The UFC has been no stranger to NFTs, as fighters have been releasing their very own, in addition to discovering blockchain companions left and proper. The league beforehand signed a serious multi-year take care of crypto alternate Crypto.com as effectively, as has launched their very own league fan token.

The transfer for Dapper Labs is the newest in a sequence of main sports activities milestones, together with the revealing of their NFL product, NFL All Day.

Serena Williams Joins Sorare As Board Advisor

Tennis legend Serena Williams is becoming a member of NFT platform Sorare as an advisor to the corporate’s board of administrators, in keeping with reviews that emerged this week. Sorare takes a fantasy-style method to sports activities NFTs, and is a dominant participant inside the NFT market in relation to European soccer; Sorare has been seeking to construct past that market currently as effectively. In a press launch, the tennis GOAT said that Sorare “understand(s) the relationship between athletes and fans unlike anyone else in the category, and I believe Sorare will be setting the culture and tone of the future of sports entertainment.”

Williams is the holder of 23 Grand Slam singles and has been a dominant athlete in sports activities for over 20 years.

Autograph Closes Latest Fundraising With $170M Secured

Tom Brady’s Autograph has introduced spherical of funding this week, reeling in $170M in Series B from the likes of a16z, Kleiner Perkins and different notable corporations. Brady has been a notable crypto advocate just lately, partnering with FTX and launching Autograph within the final yr alone. The Autograph platform has already secured offers with Lionsgate, DraftKings, and Slam Magazine – in addition to a number of the most distinguished athletes in sports activities leagues that run the gambit. Additionally, Autograph has noteworthy board members that embrace the likes of FTX’s Sam Bankman-Fried, Apple’s Eddy Cue, and ‘The Weeknd,’ Abel Tesfaye.

Autograph is arguably the clear chief in athlete-centric NFTs, which have been explored by many others however to not this stage. Tiger Woods, Naomi Osaka, Simone Biles, and lots of extra have gotten concerned with Autograph’s NFTs, which usually promote out swiftly – resulting in stacked rosters for Autograph in and out. The platform is barely 6 months outdated, however appears to be proper on monitor for sturdy development trying forward.

Related Reading | NFTs In A Nutshell: A Weekly Review

While crypto markets have been taking a serious hit to start out the yr, Dapper Lab's FLOW blockchain token has been no exception. FLOW powers Dapper's extra centralized NFT marketplaces that hone in on ease-of-use and highly effective IP. | Source: FLOW-USD on TradingView.com

StockX To Add NFTs

Hypebeast and sports activities athletic put on resale platform StockX is hitting the NFT market, including new options onto the location to combine NFTs with actual belongings. We’ve already seen the likes of Adidas and Nike begin to get aggressive within the area, and trend manufacturers are not any stranger as effectively – whereas resale shops like eBay have beforehand sought to discover NFTs as effectively. There appears to be loads of curiosity and experimentation in these classes.

Esports Finds Host To Another Deal

Guild Esports launched a press release this week asserting a brand new Official Cryptocurrency Exchange companion in Bitstamp, who shelled out over $6M USD as a part of a three-year deal. Bitstamp can have jersey rights, social and digital content material integration, and different advertising belongings to extend model visibility.

Guild Esports is co-owned by former professional soccer David Beckham, and is publicly traded in OTC markets, whereas based mostly within the UK. The group competes in Fortnight, Valorant, and extra.

Related Reading | New Crypto Wallet Launched By Robinhood For 1,000 Users To Test

Featured picture from Pexels, Charts from TradingView.com
The author of this content material isn't related or affiliated with any of the events talked about on this article. This isn't monetary recommendation.

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