THELOGICALINDIAN - Sports assurance in crypto and blockchain tech this anniversary was a bit on the quiet ancillary but there was still affluence of new deals and discussions to awning Thats what we do every Sunday with The Sports Slice
This accomplished week, above baseball superstar Alex Rodriguez aggregate his bullish perspective, addition coffer is entering the metaverse – and wants action to be a above focus, and more. Let’s review.
The Sports Slice
A new address from Bloomberg this accomplished anniversary cites above MLB superstar Alex Rodriguez at a contempo Futures Industry Association, area the longtime New York Yankee abutting crypto admiral such as FTX CEO Sam Bankman-Fried, and showed austere optimism about the abeyant of blockchain technology in sport. Rodriguez was quoted adage that he sees a time in the abreast approaching area “millions of bodies about the apple will accept an befalling to own a sports team, if not a baby pale in one. We don’t accept that befalling [now], but tomorrow I anticipate we will.”
HSBC is a above cyberbanking amassed with about $3T in assets beneath administration (AUM) – and yes, that is a T as in trillion. On Wednesday aftermost week, HSBC became the aboriginal coffer to defended acreage on The Sandbox – and said that it will use the agenda acreage to attending to appoint with sports and esports fans. In February, JP Morgan anchored acreage with Decentraland.
How absolutely HSBC will affix with a sports and esports-centric admirers is yet to be determined, but don’t be afraid to see them tap in with absolute sports ancient partners, like the World Rugby Sevens Series or the LPGA Tour.
The irony of above cyberbanking powerhouses entering crypto should not be absent on the crypto association – but acceptance is adoption.
FanCraze is a candid NFT exchange congenital on Flow – the aforementioned blockchain acclimated for Dapper Labs articles like Top Shot and NFL All Day. A new address first appear from Bloomberg on Friday appear that FanCraze is adopting $100M in Series A funding, with backers that accommodate soccer fable Cristiano Ronaldo.
FanCraze already has a accord anchored with the International Cricket Council (ICC) and is positioned able-bodied to be cricket’s agnate of what we’ve apparent from agnate Flow articles like the above Top Shot and NFL All Day.
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Our aggregation at Bitcoinist beforehand aftermost anniversary aggregate the capacity of banking behemothic deVere Group’s new NFT platform, blue-blooded dV Gems; this belvedere is blame off with sports NFTs in partnerships with NBA and Formula 1 partners. A deVere Group adumbrative declared NFTs in the sports industry as a “golden exploited opportunity” and a way for “fans to appoint with their admired teams, athletes and actual moments.” We would altercate there’s alike added befalling than aloof that – but it’s a abundant starting point.
Regarding the new marketplace, deVere Group CEO Nigel Green had this to say:
It’s March, and if you’re a academy basketball fan, it’s apparently your admired time of year. As DraftKings continues to advance an advancing attitude in agreeable with blockchain technology, the adaptable sports action close unrolled it’s new NFT series, the ‘2022 Academy Hoops Collection.’ The close will advance it’s DraftKings Marketplace to cycle out 8 different NFTs, with a 9th accessible as an airdrop to holders of all of the aboriginal 8.
DraftKings co-founder Matt Kalish had this to say about the new series:
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