
Deloitte Predicts That Sports NFT Sales Will Double In 2022
We have seen non-fungible tokens (NFTs) make big moves in the sports industry this year. And multinational professional services network Deloitte has said that sports NFTs are not going anywhere. According to predictions that the consulting giant released on Wednesday, sports-related NFTs will account for more than $2 billion in transactions next year. This amount […]
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Deloitte expects an eventual rise in blockchain-enabled innovations; as a result, “The use of NFTs, crypto, fan tokens, and ticket innovations will grow and evolve.” Bitcoin (BTC) has been attributed as the most prominent blockchain use case, showing the technology’s prowess in successfully delivering an immutable and truly decentralized ledger over the past 13 years. Adding to the years of innovations since then— that saw the introduction of altcoins, non-fungible tokens (NFT), decentralized finance (DeFi) and more, a study conducted by fintech giant Deloitte highlighted the untapped....
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Sports monsters in European football were particularly aggressive this past week in crypto engagement, while analytics firms like Deloitte and Nielsen predict growth for the years ahead in crypto and blockchain sports sponsorship spend. FC Barcelona and Manchester City led the charge in sports headlines around crypto this week, but for two entirely different reasons. […]
A new paper from Deloitte re-imagines the sports stadium concept in light of a number of developing technologies. Notably, Deloitte gives the example of a fantasy sports-style interaction — a "game within the game" — where bets are placed using bitcoin "on in-game events, or use stadium-provided technology for other micro-transactions". The consultancy sees the sports stadium experience as one ripe for technological innovation, building on what's already taking place on the court or field. The paper explains: "While a team is focused on delivering the best possible....
Services giant Deloitte, one of the so-called ‘Big Four” accounting firms in the world has officially opened a new blockchain lab in Dublin, established to cater the clients in Europe and the Middle East. Announced yesterday, the new EMEA (Europe, the Middle East, Africa) blockchain lab is based in Dublin’s “Silicon Docks” district, a neighborhood that is home to a number of technology and Fintech startups as well as industry giants like Google and Facebook. The firm’s existing blockchain team of 25 developers and designers based at Deloitte Ireland HQ in Dublin will move to the new....