Sport news-Page 18
Basketball star turned digital racehorse tycoon: Wilson Chandler on NFTs and the NBA
As Wilson Chandler tells it, despite being a NBA star with a decade-plus pro career and nearly $80 million in career earnings, the 6’8 combo forward still got his start in blockchain the same way scores of enthusiasts do: trading shitcoins. Chandler told Cointelegraph that he first heard about crypto from some “kids” he played Fortnite with in 2017. After growing fascinated by their stories of turning paltry sums into legitimate holdings, he eventually invited one out to his Chicago home for a crash-course on setting up wallets and using exchanges. From there, the record is all on-chain: per a …
Nft / June 11, 2021
NFT art marketplace extends range with sports and staking partnerships
A new peer-to-peer marketplace for NFT artwork is branching out, having formed partnerships with a sports gaming site and a decentralized farming pool as it prepares to launch. Polkally is primarily creating a digital art bazaar intended to make it easier for independent and amateur artists to showcase and sell their art, while offering galleries and collectors an inexpensive venue. It supports both direct sales and dynamic auctions of artwork created as nonfungible tokens. Calling NFTs “the natural evolution of art,” Polkally CEO Chloé Bigot said: “Polkally is at the forefront of this great revolution, providing the interoperability and seamless …
Technology / June 8, 2021
Premier League's Wolverhampton Wanderers soccer club to launch fan token
The English Premier League’s Wolverhampton Wanderers Football Club will launch fan tokens under a new partnership with Turkish blockchain platform Bitci Technology. The Premier League is the most followed soccer league in the world, Bitci’s announcement states. Turkish blockchain experts will develop a Wolves fan token on Bitcichain. Bitci’s own crypto exchange will list the Wolves fan token first, followed by other exchanges worldwide. The multiyear agreement will see the Bitci logo appear on the Wolves team’s jerseys and screens in the Wolves' historic stadium, Molineux, starting during the 2021–2022 season. As one of the founders of the Football League …
Business / June 1, 2021
Nifty News: GameStop’s NFT market, NBA star LaMelo ‘mints career’ on NFTs ... and more
It appears that “r/wallstreetbets” favorite meme stock company GameStop is in the process of developing its own NFT marketplace. Oh wow, @GameStop is launching an NFT platform https://t.co/3lkqgJTiwS pic.twitter.com/3BT1Szo9qJ — Brad Michelson (@BradMichelson) May 25, 2021 While an official announcement hasn’t been made, the gaming giant appears to have launched a website named “nft.gamestop” — and is currently on the lookout for recruits: “We welcome exceptional engineers (solidity, react, python), designers, gamers, marketers, and community leaders. If you want to join our team, send your profile or something you've built to: [email protected].” Information on the bare bones website is sparse. …
Nft / May 28, 2021
Chiliz takes to the track with Formula 1 fan tokens
The popular ‘fan token’ reward and engagement blockchain Chiliz notched another win yesterday by signing a pair of popular European racing teams. In a press release on Friday, Socios.com — a fan token app built on Chiliz — announced that Aston Martin Cognizant and Alfa Romeo Racing were the latest to launch tokens on the platform. Fan tokens have been used to distribute merchandise, create augmented reality marketing campaigns, and in certain instances allow fans to vote on things like team uniforms — a niche asset that has brought in over $150 million in revenues for Socios. The Formula 1 …
Blockchain / May 22, 2021
NFL quarterback Tom Brady hints at owning Bitcoin
Tampa Bay Buccaneers quarterback Tom Brady, arguably one of the most talented American football players of all time, has hinted that he’s a Bitcoiner. On Monday, Brady changed his Twitter profile picture to one with laser eyes, potentially implying to his 1.9 million followers that he is invested in Bitcoin (BTC). The football star made the change less than a day after Blockworks co-founder Jason Yanowitz challenged him to do so and provided the updated picture. The crypto asset's price was seemingly unaffected by the NFL player's pseudo-announcement. At the time of publication, BTC's price is $57,500, having risen 8% …
Adoption / May 10, 2021
Spain’s national soccer team to launch fan token on Turkish platform
The Spanish national soccer team will launch the world’s first national soccer team fan token thanks to a partnership between the Royal Spanish Football Federation and the Turkish blockchain platform Bitci Technology. The token will launch on Bitcichain, and all tech infrastructure will be provided by Bitci Technology. According to a recent announcement, Bitci Technology will be the exclusive blockchain partner of the team during the initial three-year partnership, followed by an optional two-year period. The partnership also makes Bitci a jersey logo sponsor of the Spanish national team. World-famous football players such as Sergio Ramos, David de Gea, and …
Business / May 10, 2021
For sports fans, DOGE is starting to look like crypto's real MVP
In addition to its increasing attention from investors, Dogecoin (DOGE) appears to have found a niche following among sports fans. Speaking to Cointelegraph, Dallas Mavericks basketball team owner Mark Cuban said that the people had “taken control of DOGE,” as evidenced by the tickets and merchandise sales he had seen since first offering the token as a method of payment in March. Prior to adopting the asset, the Mavericks had already been accepting Bitcoin (BTC) payments through BitPay since 2019. However, Cuban indicated that no other cryptocurrency had quite produced the numbers the team has seen from Dogecoin: “We sell …
Business / May 5, 2021
UFC to launch MMA fan token on Chiliz blockchain
The Ultimate Fighting Championship, the largest mixed martial arts association in the world, is launching its own blockchain-based fan token. The UFC officially announced on Tuesday that it will debut a UFC Fan Token on fan engagement and rewards app Socios.com. Minted on the Chiliz blockchain, the token is scheduled for launch in June and will have a maximum supply of 20 million tokens. Similar to other fan tokens from Chiliz and Socios, the UFC fan token is designed to enable new fan engagement opportunities such as access to exclusive content, fan voting, VIP rewards, promotions, competitions and others. “UFC …
Technology / May 5, 2021
Major League Baseball sells pairs of tickets for 100 Dogecoin each
Fans can now use Dogecoin to buy tickets to see MLB team Oakland Athletics take on the Toronto Blue Jays this month. The team, also known as the Oakland A’s, is offering pairs of plaza infield tickets for 100 DOGE from May 3 until May 6. Two plaza infield tickets usually go for around $80 total, but with Doge sitting at around $0.43 today, fans will be able to fetch themselves a 46% discount if they purchase the tickets in Doge. Join us at the ballpark as the Blue Jays roll into town! Two-seat pods in the Plaza Infield are …
Business / May 4, 2021
NFL wunderkind Trevor Lawrence inks crypto endorsement deal with Blockfolio
Trevor Lawrence, the presumptive number-one pick in the upcoming National Football League draft, has signed an endorsement deal with crypto portfolio-tracking platform Blockfolio. According to a report on Monday by the New York Times, the quarterback prodigy has already received a signing bonus from the Blockfolio endorsement deal in crypto. Commenting on the deal, Sam Bankman-Fried, CEO of Blockfolio parent company FTX, said that Lawrence “was excited about crypto.” According to Bankman-Fried, Lawrence’s positive disposition toward cryptocurrencies is what drew the company to the NFL prodigy, adding that FTX was looking to promote its business to mainstream audiences. Indeed, FTX …
Adoption / April 26, 2021
China aims to let foreigners use digital yuan at Winter Olympics in 2022
China’s central bank is looking to enable foreign athletes and visitors to use the country’s digital currency during the Beijing Winter Olympics in 2022, according to a top central bank official. Li Bo, deputy governor of the People’s Bank of China, said that the upcoming Winter Olympics could potentially become the first test of China’s central bank digital currency, or CBDC, by foreign users. “For the upcoming Beijing Winter Olympics, we were trying to make e-CNY available not only to domestic users, but also to international athletes and like visitors,” Li said Sunday at a CNBC panel at the Boao …
Technology / April 19, 2021