With $2M In Funding, Fanzee Will Use Digital Assets To Reward Sports Fans For...
Sports fan engagement platform startup Fanzee is feeling richer today after securing the capital it needs to get its offering off the ground. The startup said today it has closed on a $2 million pre-seed funding round led by TONcoin.fund, a $250 million fund for teams building in the TON blockchain ecosystem. Alongside TON.coin fund, […]
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Fanzee said today it has closed on a $2 million round of funding to bring its idea of a Ton blockchain-based sports fan engagement platform. The startup has built a fan engagement platform aimed at sports clubs that want to increase their level of interaction with their fans, enabling them to foster a greater sense of community and reward their most loyal supporters. It’s an idea that has won considerable backing from investors such as TONcoin.fund, MEXC Pioneer, KuCoin Ventures, Huobi Incubator, vlg.digital, 3Commas, Orbs.com, and Hexit.capital, a part of Swiss based Hemma Group, to name....
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. Nonfungible tokens (NFTs) and the sports world are on a mutually beneficial trajectory into the next generation of connectivity.The latter is a catalyst for more mainstream adoption, with average sports fans rushing to collect NFT memorabilia and Web3-backed event tickets. While NFTs give the industry never-before-experienced levels of democracy and the connectivity which fans crave.The platform FANtium is using NFTs to take financing athletes to....
Sports-related NFTs need to provide some tangible benefits or else sports fans will just view them as another ploy to exploit their fan loyalty. In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.Die-hard sports fans first got a taste of how digital assets could become the next sports memorabilia phenomenon back in June 2020, with the launch of Dapper Labs’ NBA Top Shot Moments nonfungible token (NFT)....
On July 23, the National Research Group (NRG) released research on the perceptions of non-fungible tokens among sports fans. The research findings indicate that 64% of sports fans are interested in finding out more about NFTs and would consider buying at least one in the future. Blockchain technology in the form of non-fungible tokens enables users […]
The nonfungible token startup has also formed a partnership with Dream Sports, an Indian sports technology company with more than 140 million users. On Thursday, cricket nonfungible token (NFT) platform Rario announced that it secured $120 million in Series A funding in a round led by Dream Capital, the venture subsidiary of Dream Sports. As told by Rario, it currently has the largest share of cricket NFT rights via partnerships with six international cricket leagues and a roster of over 900 cricketers. Dream Sports is a sports technology company based in India with more than 140 million....