By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.
  • HOME
  • NEWS
    • LATEST NFT NEWS
    • BITCOIN NEWS
    • ETHEREUM NEWS
    • BLOCKCHAIN NEWS
    • ALTCOINS NEWS
  • NFT Collection
    • RARITY TOOL BY NFTStudio24
    • UP Coming NFT
    • NFT EXPLORE
  • NFT STORIES
  • PRESS RELEASE
Search
  • About us
  • Advertise with us
  • Contact us
© 2022 NFTStudio24.com News Network. All Rights Reserved.
Reading: Crypto Corner: The Sports Slice
Share
Sign In
0

No products in the cart.

Notification Show More
Latest News
How Seeds of Happiness is promoting positivity with NFTs
How Seeds of Happiness is promoting positivity with NFTs
June 26, 2022
BAYC co founder Gordon Goner
Bored Ape founders address the Nazi allegations
June 26, 2022
Cryptoys is building a metaverse of NFTs for kids
Cryptoys is building a metaverse of NFTs for kids
June 26, 2022
Snoop Dogg impersonator successfully fooled everyone at NFT NYC 2022
Snoop Dogg impersonator successfully fooled everyone at NFT NYC 2022
June 26, 2022
Harmony team identifies the hacker behind the 100M Horizon bridge exploit
Harmony identifies the hacker behind the $100M Horizon bridge exploit
June 25, 2022
Aa
NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.
Aa
Search
  • HOME
  • NEWS
    • LATEST NFT NEWS
    • BITCOIN NEWS
    • ETHEREUM NEWS
    • BLOCKCHAIN NEWS
    • ALTCOINS NEWS
  • NFT Collection
    • RARITY TOOL BY NFTStudio24
    • UP Coming NFT
    • NFT EXPLORE
  • NFT STORIES
  • PRESS RELEASE
Have an existing account? Sign In
Follow US
  • About us
  • Advertise with us
  • Contact us
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
HOME > Crypto and NFT NEWS > ALTCOINS NEWS > Crypto Corner: The Sports Slice
ALTCOINS NEWSCrypto and NFT NEWS

Crypto Corner: The Sports Slice

NFT Studio 24
NFT Studio 24 November 22, 2021 111 Views 5 Min Read
Updated 2022/02/08 at 5:02 PM
Share
5 Min Read
crypto
SHARE

While there wasn’t a large amount of volume in the sports and crypto landscape over the past week, there were still some very notable headlines. Coinbase found themselves a new non-traditional sports partner, just a couple short weeks after securing the NBA as a partner, and fan tokens could be on the rise.

Contents
There are just a few stories that made the newswire this week, so let’s take a look at the action we saw over the past week in the world of sports and crypto engagement.Socios.com Breaks Into Two New Sports Verticals: MLS & NFLSports Teams Fan Tokens Coming To Major Exchanges?

There are just a few stories that made the newswire this week, so let’s take a look at the action we saw over the past week in the world of sports and crypto engagement.

Coinbase’s Newest Esports Partnership

Esports continues to be seen as an “endemic” partnership category for cryptocurrency exchanges and platforms. To date, Coinbase has partnered with the likes of BIG, Evil Geniuses, and major esports tournament organizer ESL Gaming.

Add another notch to the Coinbase belt, as the exchange secured a deal this past week with esports organization Team Liquid. Coinbase will look to integrate crypto payment support into Team Liquid’s existing online marketplace. Additionally, fan engagement initiatives and education around emerging technology will be a focal point of the partnership.

Esports organizations to date have typically had a high-level of sponsorship dependency in their revenue models. The most notable esports orgs, like FaZe and 100 Thieves, have been able to further investments into content, allowing them to have more ways to sell brand exposure in partnership deals. Nonetheless, other powerhouse orgs like TSM have done an excellent job as well.

Meanwhile, crypto exchanges and platforms are showing increasing capabilities in finding the sponsorship dollars necessary to lock in these deals. The aforementioned org TSM secured a headline-shattering $200+ million, 10-year deal with FTX (who has been on a sports sponsorship spending tear this year) earlier in the year, as part of a historic naming rights deal that hasn’t been matched at that level in esports.

Socios.com Breaks Into Two New Sports Verticals: MLS & NFL

The NFL hasn’t been the most receptive league in sports when it comes to crypto engagement and interaction. The legacy sports league can afford to be conservative, but in today’s changing landscape, how long will they wait until the potential sponsorship revenue becomes too much to resist?

Perhaps not long. Earlier in the year, many teams and individual athletes were exploring potential deals, new avenues for NFT projects, and more. However, by the time September came around, the noise was too much and the league put a halt to essentially all crypto-related activity. This week, though, a new deal came into the fold that could signal a change in the tides.

Kraft Sports & Entertainment, the ownership group of the NFL’s New England Patriots and MLS’ New England Revolution, signed a deal with Socios.com. The move is Socios.com first foray into both MLS and NFL. The league at large is on the cusp of releasing NFL’s league-wide NFT platform in collaboration with Dapper Labs, which is expected before February’s Super Bowl.

The deal increases Socios.com exposure into new verticals in the U.S., which has been a focal point for the platform. The full scope of the deal with Kraft Sports & Entertainment is yet to be revealed. So long as play-to-earn and NFTs continue to evolve, expect crypto and blockchain technology to be a mainstay in the conversation around esports and gaming.

Sports Teams Fan Tokens Coming To Major Exchanges?

Speaking of fan tokens, one of the biggest exchanges in crypto could be warming up to supporting fan tokens. Socios.com and Manchester City could’ve just gotten a leg up in the fan token space, as powerhouse exchange Binance announced this week that it would be supporting Man City’s CITY token.

In Binance’s press release, the exchange announced that it would support trading for the CITY token with USDT, BNB, BTC, and BUSD swaps. The exchange also introduced support for Ethereum Name Service’ ENS token. Following the announcement, the CITY token nearly doubled in a matter of hours, surging from $14.50 to around $25.45 in short time. The token has since returned to earth and is trading around the same price range prior to the press release.

Could the move signal more fan tokens being supported on Binance, or other major exchanges? Binance’s involvement and interest in sports continues to rise, as the exchange secured a partnership with major Serie A club Lazio just last month.

Read More:https://bitcoinist.com/

- SUBMIT YOUR PRESS RELEASE -
Ad imageAd image

Don’t miss the Important NFT Drops

Are you tired of missing important NFT drops?

  • Just check out our NFT Collection page! Click here
  • For Upcoming NFTs projects, Click here

You Might Also Like

How Seeds of Happiness is promoting positivity with NFTs

Bored Ape founders address the Nazi allegations

Cryptoys is building a metaverse of NFTs for kids

Snoop Dogg impersonator successfully fooled everyone at NFT NYC 2022

Harmony identifies the hacker behind the $100M Horizon bridge exploit

Sign Up For Daily NFT Drops

Don't miss the next NFT drops!!!

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
NFT Studio 24 November 22, 2021
Share this Article
Facebook TwitterEmail Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Ethereum,Polkadot, XRP, add up to 5% Top cryptocurrency prices today:Ethereum,Polkadot, XRP, add up to 5%
Next Article Non-fungible tokens (NFTs), Explainer: What are NON-FUNGIBLE TOKENS (NFTs)?

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe

Latest News

How Seeds of Happiness is promoting positivity with NFTs
How Seeds of Happiness is promoting positivity with NFTs
Crypto and NFT NEWS LATEST NFT NEWS June 26, 2022
BAYC co founder Gordon Goner
Bored Ape founders address the Nazi allegations
Crypto and NFT NEWS LATEST NFT NEWS June 26, 2022
Cryptoys is building a metaverse of NFTs for kids
Cryptoys is building a metaverse of NFTs for kids
Crypto and NFT NEWS LATEST NFT NEWS June 26, 2022
- Career -
Ad imageAd image

You Might also Like

How Seeds of Happiness is promoting positivity with NFTs
Crypto and NFT NEWSLATEST NFT NEWS

How Seeds of Happiness is promoting positivity with NFTs

June 26, 2022
BAYC co founder Gordon Goner
Crypto and NFT NEWSLATEST NFT NEWS

Bored Ape founders address the Nazi allegations

June 26, 2022
Cryptoys is building a metaverse of NFTs for kids
Crypto and NFT NEWSLATEST NFT NEWS

Cryptoys is building a metaverse of NFTs for kids

June 26, 2022
Snoop Dogg impersonator successfully fooled everyone at NFT NYC 2022
Crypto and NFT NEWSLATEST NFT NEWS

Snoop Dogg impersonator successfully fooled everyone at NFT NYC 2022

June 26, 2022
//

NFTStudio24 delivers the latest NFT news to its global audience. We are committed to reporting mainstream and emerging talent via exclusive press releases, podcast interviews, NFT rankings, and much more.

Recent Posts

  • How Seeds of Happiness is promoting positivity with NFTs
  • Bored Ape founders address the Nazi allegations
  • Cryptoys is building a metaverse of NFTs for kids
  • Snoop Dogg impersonator successfully fooled everyone at NFT NYC 2022
  • Harmony identifies the hacker behind the $100M Horizon bridge exploit

Experts Alliance

  • Experts Alliance
  • About Alliance
  • Alliance Benefits
  • Membership requirements
  • Apply Alliance

Quick Link

  • ABOUT US
  • CAREER
  • CONTACT US
//

Subscribe to our newsletter to get our newest articles instantly!

NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.NFTStudio24 | Latest and Upcoming NFT News, Press Releases, Reviews, and Others.
Follow US

© 2022 NFTStudio24.com News Network. All Rights Reserved.

  • bitcoinBitcoin(BTC)$21,451.000.87%
  • ethereumEthereum(ETH)$1,239.521.44%
  • tetherTether(USDT)$1.000.08%
  • usd-coinUSD Coin(USDC)$1.00-0.15%
  • binancecoinBNB(BNB)$239.390.14%
  • rippleXRP(XRP)$0.367282-0.57%
  • Binance USDBinance USD(BUSD)$1.000.05%
  • cardanoCardano(ADA)$0.500.39%
  • SolanaSolana(SOL)$41.28-0.19%
  • polkadotPolkadot(DOT)$8.10-1.24%
  • dogecoinDogecoin(DOGE)$0.0681950.95%
  • Shiba InuShiba Inu(SHIB)$0.0000121.75%
  • daiDai(DAI)$1.000.02%
  • tronTRON(TRX)$0.065035-1.14%
  • AvalancheAvalanche(AVAX)$20.98-0.46%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$21,443.000.84%
  • leo-tokenLEO Token(LEO)$5.931.39%
  • Lido Staked EtherLido Staked Ether(STETH)$1,193.311.56%
  • matic-networkPolygon(MATIC)$0.59-2.78%
  • litecoinLitecoin(LTC)$59.715.65%
  • FTXFTX(FTT)$27.723.70%
  • chainlinkChainlink(LINK)$7.17-0.90%
  • OKBOKB(OKB)$12.992.47%
  • CronosCronos(CRO)$0.1283180.69%
  • stellarStellar(XLM)$0.126532-2.07%
  • NEAR ProtocolNEAR Protocol(NEAR)$4.15-1.88%
  • UniswapUniswap(UNI)$5.642.92%
  • cosmosCosmos Hub(ATOM)$8.441.55%
  • algorandAlgorand(ALGO)$0.346673-1.89%
  • moneroMonero(XMR)$130.133.37%
  • bitcoin-cashBitcoin Cash(BCH)$117.574.65%
  • ethereum-classicEthereum Classic(ETC)$16.44-0.55%
  • Theta FuelTheta Fuel(TFUEL)$0.0566790.08%
  • ChainChain(XCN)$0.087448-2.74%
  • vechainVeChain(VET)$0.0257820.69%
  • FlowFlow(FLOW)$1.762.46%
  • The SandboxThe Sandbox(SAND)$1.2712.43%
  • HederaHedera(HBAR)$0.072981-1.96%
  • ApeCoinApeCoin(APE)$5.0711.87%
  • decentralandDecentraland(MANA)$1.017.17%
  • Internet ComputerInternet Computer(ICP)$6.16-0.32%
  • theta-tokenTheta Network(THETA)$1.46-0.79%
  • Axie InfinityAxie Infinity(AXS)$17.34-6.16%
  • FraxFrax(FRAX)$1.010.25%
  • ElrondElrond(EGLD)$60.55-5.81%
  • tezosTezos(XTZ)$1.530.24%
  • filecoinFilecoin(FIL)$6.09-0.93%
  • true-usdTrueUSD(TUSD)$1.000.10%
  • bitcoin-cash-svBitcoin SV(BSV)$63.94-0.37%
  • HeliumHelium(HNT)$11.521.12%
Join Us!

Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.

Removed from reading list

Undo
Welcome Back!

Sign in to your account

Lost your password?