Animoca Brands will become a validator for the Chiliz Chain as the venture capital firm looks to capitalize on the SportFi ecosystem.
Bulgaria’s oldest football club adopts Bitcoin and Lightning, joins Nostr
Football meets finance: Bitcoin payments integration arrives at top-flight Bulgarian club, Botev Plovdiv FC.
Fantasy football game on Telegram: Fanton joins Cointelegraph Accelerator
Fanton brings blockchain-based fantasy football to Telegram thanks to the IM service’s recent integration with the TON blockchain.
Bitcoin adoption in Mexico boosted by Lightning partnership with retail giant
“Imagine if Best Buy, Bank of America, Fox News and an NFL team were all owned by the same individual. All of them will have lightning capabilities in the future,” Jose Lemus, CEO of Ibex Mercado, told Cointelegraph.
How Peter McCormack is turning an unknown town into a Bitcoin hub
Bitcoin pitch invasion! A new Cointelegraph video examines a local soccer club’s impact on its town and national Bitcoin adoption.
Shaquille O’Neal claims process servers ‘tossed’ FTX legal papers at his moving car
The NBA star appeared in a June 2022 commercial saying he was “all in” on FTX, one of many endorsements that led to a class-action lawsuit following the exchange’s collapse.
Chiliz announces $50M incubator and accelerator program for early-stage blockchain projects
The company said the funds will be invested into early-stage blockchain projects that leverage the Chiliz blockchain for sports and entertainment and the Socios.com partner network.
Crypto ads and sponsors banned from women’s cricket league in India
Following men’s cricket, the Board of Control for Cricket in India (BCCI) prohibits the women’s teams from having commercial associations and other sponsorships with crypto businesses.
Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season
The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives.
Web3 projects aim to create engagement between fans and sports leagues
Sports leagues are showing interest in DAOs, NFTs and the metaverse, but challenges may hamper adoption.
Shoppers in India can now order sneakers in the Metaverse for a week
Indian e-commerce giant Flipkart partnered with Polygon-incubated organization eDAO to launch a virtual shopping world in the Metaverse.
Fan token firm Chiliz grows staff by 70% despite crypto winter
Scalability is one of the possible reasons for the fun token industry to grow despite the ongoing bear market, according to Chiliz and Socios CEO.
NFTs transform how fans bet on upcoming sports stars
A fan-centric Web3 sports platform uses NFTs to bring a new level of connectivity and ownership to betting on the success of upcoming athletes.
Formula One files ‘F1’ trademarks covering crypto, NFTs and Metaverse
The racing competition has plans to set up an online marketplace for cryptocurrency, meta tokens, digital collectibles, crypto-collectibles and NFTs.
NFT space bridges passions for tennis legend Maria Sharapova
Maria Sharapova sat down with Cointelegraph at Binance Blockchain Week Paris to discuss her growing interest in NFTs and passion for bringing more women into Web3.
Influential celebrities that joined the crypto club over the past year
Despite the prolonged bear market and an evident dip in cryptocurrency prices, celebrities continue to pour in support for the crypto market.
Crypto.com backs out of $495M sponsorship deal with UEFA Champions League: Report
The crypto exchange reportedly stepped in as a potential sponsor after the Champions League dropped Russian state-owned energy firm Gazprom.
Ticketmaster scouts productization of enterprise NFTs beyond ticketing
Ticketmaster’s job posting for a product manager of NFT ticketing tooling reveals the company’s intent to roll out NFT-based enterprise products “across all content categories including sports and music.”
How NFTs can boost fan engagement in the sports industry
A look at the many ways in which nonfungible tokens are being utilized to increase fan engagement in the sports sector.
Fans seek trust and better understanding of sports NFT market: Research
The prolonged crypto winter razed off the inflated floor prices across the NFT ecosystem, inadvertently changing investor sentiment and forcing users to rethink their long-term investment strategies.