Let the Crypto Games Begin! Leveraging Digital Assets in Sports
Cryptocurrency as a New Method of Payment A few years ago, there was little that owners of cryptocurrencies could do with their coins other than wait for their value to grow or cash them out. If they wanted to use their digital assets to buy something, they had little choice but to exchange their coins […]
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NFTs are all the rage today. Among their multiple use cases, NFTs in games are one of the most popular utilities. Various industries, including games, music, sports, and more, are using NFTs for a wide range of purposes. NFTs can potentially change how users interact with each other within or outside the gaming world. Let’s find out how the top projects in the blockchain industry are leveraging NFTs and more about the Nine Chronicles NFT project. How is the Gaming Industry using NFTs? Game NFTs have multiple use cases. For one, they help ascertain ownership of in-game assets. This....
As many areas around cryptocurrencies have grown, crypto gambling has become more popular. Now, you can choose from numerous sites offering casino games and sports betting with this digital money. Crypto casinos offer a similar game selection as FIAT casinos. Plus, you can take advantage of unique features, bonuses, and original games. There are several reasons to venture into crypto gambling sites. Stablecoins Gambling Have you invested in bitcoin a long time ago? Then, you’re probably familiar with the high price volatility of crypto markets. Gambling with cryptocurrencies? The....
A little bit of sports and crypto activity across quite a few major league sports this week, from teams to centralized NFT platforms and sports league activity, too. Every Sunday, we cover the past seven days of sports and crypto headlines that should be on your radar if your a sports fan looking at emerging […]
A look at the many ways in which nonfungible tokens are being utilized to increase fan engagement in the sports sector. Nonfungible tokens (NFTs) have grown a lot in popularity since the release of CryptoKitties in 2017, with the sector expected to move over $800 billion in the next two years. Some of the most well-known use cases for NFTs are picture-for-proof projects such as the Bored Ape Yacht Club and play-to-earn gaming projects. NFTs have also attracted attention from the sports industry, with professional sports leagues setting up their own platforms for fans to engage with their....
One platform has raised $10M to build the next blockchain sports game, while several other sports crypto platforms have fallen. Meanwhile, a new Seton Hall survey shows that there’s a strong audience interested in both sports and crypto – and the UFC has yet again another crypto partner. Every weekend, we provide you with a […]