Sports NFT gold rush as projects raise $930 million in a week
Following the $250 million funding round, Dapper Labs intends to launch more licensed collectibles in music, entertainment and other sports codes. Tokenized sport collectibles projects have raised almost $1 billion in funding in the space of a week. On Sept. 22 Dapper Labs — the firm behind the Flow blockchain and the widely popular tokenized basketball collectibles, NBA TopShot — announced a further $250 million in a funding round led by tech-focused hedge fund Coatue. As reported by Cointelegraph on Wednesday, French-based NFT soccer trading card game developer Sorare raised $680 million....
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“We believe that NFTs can significantly accelerate the development of women’s sports,” Sorare CEO Nicolas Julia told Cointelegraph. Following a $680-million funding round, nonfungible token (NFT) marketplace Sorare is looking to be an active player in bridging the gap between sports and digital entertainment.Now valued at $4.3 billion, Sorare told Cointelegraph that the company plans to use the fresh capital to expand its business with new hires and partnerships, as well as support community-led programs. Besides working with community-led football programs aimed at helping young people....
Gold Rush with Jonny Cash dishes out a massive win of 2.6 BTC!
Massive Win on Casino Slot
Jackpot wins on our crypto casino Bitcoin.com Games have become a regular phenomenon with players winning insane amounts of BTC every month. Just yesterday, a lucky player’s mining adventures on the smashing slot game Gold Rush with Johnny Cash took an extremely fortuitous turn. One of the bets that they had made on the slot was destined to land them a massive win of 2.6 BTC.
Gold Rush with Johnny Cash
Gold Rush with Johnny Cash is a western-themed slot from the....
Over the past two years, there has been a fanatical rush towards the blockchain concept from legacy financial institutions and global corporations. The behavior towards this technology right now is similar to the Californian Gold Rush in the mid-1800s. With many individuals and groups flocking to distributed ledger solutions, the ones who strike gold....
We were off last week after an abnormally quiet week in sports and crypto; not to worry, we’re back in the mix this week with some of the latest headlines and activity across the sports, crypto and blockchain landscapes. From athlete projects, to team and league partnerships, to new blockchain-based platforms, we look to cover […]
Markets go up and down, but sports fandom lasts a lifetime. That makes our job easier each week with The Sports Slice, as we cover each week’s action in all things sports and crypto. This past week, we saw a top 10 cryptocurrency giant fall – we’ll look at the sports implications of that – […]