Bitcoin In Sports And What The Future Holds
The sports industry represents a massive opportunity for Bitcoin adoption, as further sponsorships and deals are expected.Bitcoin has experienced seismic growth in the past few months: its price has risen dramatically since January 2021 and is expected to continue to trend upward. This growth underscores bitcoin’s massive potential as an investment asset. For this reason, pro athletes and major sports clubs are capitalizing on Bitcoin. For instance, Russell Okung, a Carolina Panthers offensive tackle, recently became the first NFL player to receive a salary in bitcoin. In this article, we....
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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 […]
Innovation in Blockchain is making waves once again, this time in the industry of Fantasy Sports.The BTL Group announced its enthusiastic participation in a key partnership with Fantasy 6 Sports. The partnership is aimed at the development of a set of Blockchain tools and services created specifically for Fantasy Sports Corporations. The industry surrounding Fantasy Sports is quickly expanding. However, the need for the Blockchain services has been highlighted by recent scandals involving the trust, loyalty, and integrity of its players. Blockchain technology would create a buffer to....
Sports betting websites have thrived on the Internet for many years. However they now face a new wave of competitors with a magic trick in their pocket: bitcoin. We interviewed one of the leaders in the bitcoin betting space; Nitrogen Sports. Bitcoin.com spoke to Carlos, content manager at Nitrogen Sports. Here is everything you need to know about his....
FTX continues its path toward the sports world as it signed a partnership with Monumental Sports Entertainment (MSE) on Monday. The deal makes it so FTX US will be MSE’s exclusive crypto exchange and non-fungible token partner.
FTX and Monumental Sports Entertainment to Collaborate
Monumental Sports Entertainment (MSE) announced on December 20, that the organization has partnered with FTX US in a “multi-year deal.” The collaboration will make “FTX US the official cryptocurrency exchange and non-fungible token (NFT) partner for MSE and its....
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 […]