Crypto Corner: The Sports Slice
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We were off last week after an abnormally quiet week in sports and crypto; not to worry, weâre back in the mix this week with some of the latest headlines and activity across the sports, crypto and blockchain landscapes. From athlete projects, to team and league partnerships, to new blockchain-based platforms, we look to cover everything that happens across sports and crypto.
Letâs take a look at all of the past weekâs biggest stories.
The Sports Slice Liverpool Expands Partnership With SorareSorare has been on fire lately, securing a major league deal with the NBA in recent weeks to join their two existing major U.S. league deals. Sorare is keeping their foot on the gas in other regions as well, as Liverpool FC announced last week that they were deepening their existing partnership with Sorare.
Itâs unclear exactly what that will look like, but the release points forward to âmultimedia fan content and⊠new unique experiences.â The platform now offers all of the Reds players as collectible NFTs. Sorare is a French-based firm that has seen an abundance of European football partners, and has recently shown investment in building itâs book of U.S.-based business as well.
Autograph Secures Multi-Year Deal With PGA TourTom Brady isnât the only one scoring points this month, despite the NFL season kicking into gear. The Brady-led Autograph scored big the past week with a new league-wide deal with the PGA Tour. As we covered in recent days, revenue splits with players are expected â an apt move considering the pressure that the LIV Golf property is looking to apply.
Autograph continues to find strong established partners in itâs early stages â the firmâs roster of founders across practically every sport makes for a strong pitch for the platformâs future.
AC Milan Tap In Solana-Based âMonkey LeagueâAC Milan has secured a new official âNFT Gaming Partnerâ this past week after signing on Solana-based football game, Monkey League. The game is one of the increasing fantasy-style NFT-powered games, which means that game players can expected to see branded in-game AC Milan assets. The first mint between the two will be launched October 6 on MagicEden.
ENS Domains (ENS) token has performed strongly in recent months despite broader market struggles. Chain CEO Deepak Thapliyal purchased 'patriots.eth' last week following the firm's partnership with Kraft Sports. | Source: ENS-USD on TradingView.com Kraft Sports, New England Patriots Partner With ChainKraft Sports + Entertainment secured a new partnership with Chain this past week, which will come to life through Kraftâs umbrella properties, including the NFLâs New England Patriots and MLSâs New England Revolution. Chain operates predominantly around blockchain infrastructure and blockchain-related services under a SaaS model; in our report, it was rumored that the four-year partnership also included the Patriots purchasing ENS domain âpatriots.ethâ for $75K.
It was later confirmed and reported that the Chain CEO Deepak Thapliyal purchased the domain, at a price tag of $99K. Itâs a suitable response given that the partnership is a first for Chain when it comes to sports partners.
Rario Continues To Dominate CricketÂNFT platform Rario continues to snag market share of cricket partnerships. Weâve called out the platform a few times in âThe Sports Sliceâ during itâs tenure, and the project is back in the headlines this week after securing another official talent partnership â this time with Indian ODI player Prasidh Krishna.
NBA Action Figures, With An NFT TwistHasbro is rebooting itâs former âStarting Lineupâ toys, with new developments over recent days. Except this time, theyâll include NFTs. LeBron James, Steph Curry, Giannis Antetokounmpo and more of the NBAâs biggest stars will be featured as six-inch figurines that will retail for $50 each.
The collectibles were last seen in the 1980s and 1990s, so theyâll be back with a 2022 web3 twist: an NFT with each purchase. Randomly-assigned rarities (including just one gold NFT per player) will be sold and will operate on Paniniâs blockchain infrastructure.
Hasbro hasnât shied from NFTs, utilizing them already with IP properties such as Power Rangers, and partnering with web3 properties like NFT project âWorld of Womenâ for a custom Monopoly game.
Featured image from Pexels, Charts from TradingView.com The writer of this content is not associated or affiliated with any of the parties mentioned in this article. This is not financial advice. This op-ed represents the views of the author, and may not necessarily reflect the views of Bitcoinist. Bitcoinist is an advocate of creative and financial freedom alike.0
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