Crypto in Sports, Sporting Crypto

Sporting Crypto

Crypto in Sports

Breaking down the intersection between Sports and Crypto

Intersection Between Sports and Crypto

Crypto

<ul><li>The NBA, and NBPA (National Basketball Player’s Association) have signed a multi year deal with Sorare, to create the basketball league’s first NFT fantasy game.</li><li>Before we talk about the NBA’s ventures into Web3, let’s remind ourselves of just how well Sorare have done over the past three years.</li><li>Sorare, who started as an NFT Soccer fantasy game, have raised incredible sums of money including a $50m Series A which broke french tech records, followed by a $680m Series B raise led by none other than Softbank.</li></ul>

The NBA, and NBPA (National Basketball Player’s Association) have signed a multi year deal with Sorare, to create the basketball league’s first NFT fantasy game.Before we talk about the NBA’s ventures into Web3, let’s remind ourselves of just how well Sorare have done over the past three years.Sorare, who started as an NFT Soccer fantasy game, have raised incredible sums of money including a $50m Series A which broke french tech records, followed by a $680m Series B raise led by none other than Softbank.

Sporting Crypto - September 12th 2022: NBA Sign Multiyear Sorare Deal

<ul><li>The last couple of newsletters have focused on news stories and Sporting Crypto will always explore them in a deep and insightful way.</li><li>This week, however, I want to think slightly laterally. <em><strong>‘What if?’</strong></em> has become something I’ve heard a lot in crypto more broadly But I think it’s very important this question is asked especially when it comes to Sports x Web3.</li><li>There are so few good examples of Web3 x Sports — that sometimes, this is what it takes to try and explain to stakeholders and the uninitiated what is going on here.</li></ul>

The last couple of newsletters have focused on news stories and Sporting Crypto will always explore them in a deep and insightful way.This week, however, I want to think slightly laterally. ‘What if?’ has become something I’ve heard a lot in crypto more broadly But I think it’s very important this question is asked especially when it comes to Sports x Web3.There are so few good examples of Web3 x Sports — that sometimes, this is what it takes to try and explain to stakeholders and the uninitiated what is going on here.

Sporting Crypto - August 22nd 2022: What if The Worm NFT was a Web3 Sports Project?

Crypto Investing and Decentralized Finance, Coinstack

Coinstack

Crypto Investing and Decentralized Finance

Coinstack is published weekly by Ryan Allis. He was previously CEO and Co-founder of iContact and led the company from 300 employees, 70,000 customers, and $50M in annual sales and an exit for $169M. Ryan was an angel investor in SpaceX, LendingClub, Change.org, Kuli Kuli, and Catalant. Today, Ryan advises companies and governments on blockchain-related projects and is the Chairman of Hive.org, a global community of 3,500 purpose-driven leaders from 130 countries making a positive impact in the world. Ryan holds an MBA from Harvard Business School where he was Co-President of the Harvard Social Enterprise Club and a fellow of the Harvard Graduate School Leadership Institute.

<ul>
<li>The ICO fever in 2017 proved to be a high-risk environment for individuals wanting to participate in new blockchain project token releases, from accidentally sending funds to the wrong wallet, or some project teams absconding with funds.</li>
<li>In response to this, a new fundraising mechanism called IEOs came about. </li>
<li>An Initial Exchange Offering, commonly referred to as an IEO, is a fundraising event administered by an exchange.</li>
</ul>


The ICO fever in 2017 proved to be a high-risk environment for individuals wanting to participate in new blockchain project token releases, from accidentally sending funds to the wrong wallet, or some project teams absconding with funds.
In response to this, a new fundraising mechanism called IEOs came about. 
An Initial Exchange Offering, commonly referred to as an IEO, is a fundraising event administered by an exchange.


<ul><li>Most sport athlete NFT projects are awful.</li><li>But this project, that immortalises legendary England striker Geoff Hurst’s memories - in NFT form - is pretty awesome.</li><li>World Cup Winner Geoff Hurst is digitally preserving his memories of the 1966 World Cup Final for The Everlasting Memory Project in support of Alzheimer's Research UK.</li></ul>

Most sport athlete NFT projects are awful.But this project, that immortalises legendary England striker Geoff Hurst’s memories - in NFT form - is pretty awesome.World Cup Winner Geoff Hurst is digitally preserving his memories of the 1966 World Cup Final for The Everlasting Memory Project in support of Alzheimer's Research UK.

Sporting Crypto - August 1st 2022: Immortalising Geoff Hurst's Memories Using NFTs

Independent Research, Cryptocurrencies, Carbono Insights

Carbono Insights

Independent Research, Cryptocurrencies

Advisory Firm Specialized in Cryptocurrencies

Carbono is an advisory firm specialized in cryptocurrencies that helps clients navigate the economic and financial innovations derived from the rise of digital assets. Our investment fund, Abacus Carbono, is designed to be an on ramp for investors interested in cryptocurrencies and projects born under the crypto-economy principles.

<ul><li>To be or not to be a security. The question of whether cryptocurrencies are securities or commodities (or another type of asset, for that matter) does not have a final answer yet.</li><li>However, it has been on the table for a long time.</li><li>Commodities are interchangeable goods, and securities are financial assets, in a dangerously short definition.</li></ul>

To be or not to be a security. The question of whether cryptocurrencies are securities or commodities (or another type of asset, for that matter) does not have a final answer yet.However, it has been on the table for a long time.Commodities are interchangeable goods, and securities are financial assets, in a dangerously short definition.

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NFT (NFT CURNCY)

Sporting Crypto - September 12th 2022: NBA Sign Multiyear Sorare Deal

The NBA, and NBPA (National Basketball Player’s Association) have signed a multi year deal with Sorare, to create the basketball league’s first NFT...

Sporting Crypto

Sporting Crypto - August 22nd 2022: What if The Worm NFT was a Web3 Sports Project?

The last couple of newsletters have focused on news stories and Sporting Crypto will always explore them in a deep and insightful way.

Sporting Crypto

Why I Joined Amphibian Capital

In response to this, a new fundraising mechanism called IEOs came about. An Initial Exchange Offering, commonly referred to as an IEO, is a...

Coinstack

Sporting Crypto - August 1st 2022: Immortalising Geoff Hurst's Memories Using NFTs

Most sport athlete NFT projects are awful. But this project, that immortalises legendary England striker Geoff Hurst’s memories - in NFT form - is...

Sporting Crypto

#33 To be or not to be a security

To be or not to be a security. The question of whether cryptocurrencies are securities or commodities (or another type of asset, for that matter)...

Carbono Insights

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