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>Crypto markets continue to look treacherous and whilst there’s been some respite more recently, I do think that this feels like the beginning of a bear market where we could see prices go lower</li>
<li>In very early 2018 we saw a Crypto crash that saw Bitcoin drop from $20k to about $10k before taking a short pause, and then dropping to $4k and staying there for a while. About 2 years, in fact.</li>
<li>No one really knows, but it doesn’t feel like there’s quite enough doom and gloom for this to be the ‘bottom’.</li>
</ul>


Crypto markets continue to look treacherous and whilst there’s been some respite more recently, I do think that this feels like the beginning of a bear market where we could see prices go lower
In very early 2018 we saw a Crypto crash that saw Bitcoin drop from $20k to about $10k before taking a short pause, and then dropping to $4k and staying there for a while. About 2 years, in fact.
No one really knows, but it doesn’t feel like there’s quite enough doom and gloom for this to be the ‘bottom’.


Sporting Crypto - May 16th 2022: Sorare Sign MLB Deal

<ul><li>Stakes have raised $5.3m for NFTs aimed at sports wagering fans.</li><li>The New York based startup has taken investment from the likes of Digital Currency Group, FBG capital and many more as they aim to make sports wagering more social by offering a ‘Web3 experience’ for fans using NFTs as rewards.</li><li>And whilst Stakes is trying to disrupt the gambling market, they’re more of a prediction style app that allows users to wager based on opinions and the rewards are NFTs.</li></ul>

Stakes have raised $5.3m for NFTs aimed at sports wagering fans.The New York based startup has taken investment from the likes of Digital Currency Group, FBG capital and many more as they aim to make sports wagering more social by offering a ‘Web3 experience’ for fans using NFTs as rewards.And whilst Stakes is trying to disrupt the gambling market, they’re more of a prediction style app that allows users to wager based on opinions and the rewards are NFTs.

Sporting Crypto - Stakes Raises $5.3M for NFTs for Sports Wagering Fans

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>The latest sensation in the NFT space is some automatically generated pixel art animals that people are buying for astonishing amounts of money to use as their profile pictures.</li><li>Yet here we are again. This new collection is Moonbirds: a set of 10.000 (yes, they also used the 10k number) cute little creatures, and it has broken records with over $281M in sales.</li><li>The reason being, probably, that they have masterfully recapped under one collection some of the best practices in the NFT space, and then added their own flavor.</li></ul>

The latest sensation in the NFT space is some automatically generated pixel art animals that people are buying for astonishing amounts of money to use as their profile pictures.Yet here we are again. This new collection is Moonbirds: a set of 10.000 (yes, they also used the 10k number) cute little creatures, and it has broken records with over $281M in sales.The reason being, probably, that they have masterfully recapped under one collection some of the best practices in the NFT space, and then added their own flavor.

<ul><li>NFTs have opened up a new can of worms for sports rights holders. There’s confusion and misunderstanding, and a lot of people seem to think that there are a lot of grey areas.</li><li>The reality is, that there are fewer grey areas than you’d think.</li><li>The relevance is that within the NFT world - those who have made their own IP, have seen crazy upside.</li></ul>

NFTs have opened up a new can of worms for sports rights holders. There’s confusion and misunderstanding, and a lot of people seem to think that there are a lot of grey areas.The reality is, that there are fewer grey areas than you’d think.The relevance is that within the NFT world - those who have made their own IP, have seen crazy upside.

Sporting Crypto: To License or Not to License?

<ul><li>Swedish startup GOALS have raised a $15m seed round to help build an alternative to EA’s FIFA video game series.</li><li>GOALS is a play-and-earn game that allows users to own in-game assets as NFTs.</li><li>It’s being pitched as an Arcade-like football game with less realism than the likes of EA Sports’ FIFA, or Konami’s Pro Evolution Soccer (now eFootball).</li></ul>

Swedish startup GOALS have raised a $15m seed round to help build an alternative to EA’s FIFA video game series.GOALS is a play-and-earn game that allows users to own in-game assets as NFTs.It’s being pitched as an Arcade-like football game with less realism than the likes of EA Sports’ FIFA, or Konami’s Pro Evolution Soccer (now eFootball).

Sporting Crypto: GOALS Raise $15m Seed Round to Build Multiplayer Soccer Game

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Sporting Crypto - May 16th 2022: Sorare Sign MLB Deal

Crypto markets continue to look treacherous and whilst there’s been some respite more recently, I do think that this feels like the beginning of a...

Sporting Crypto

Sporting Crypto - Stakes Raises $5.3M for NFTs for Sports Wagering Fans

Stakes have raised $5.3m for NFTs aimed at sports wagering fans.. The New York based startup has taken investment from the likes of Digital...

Sporting Crypto

Moonbirds. NFTs as a Funding Mechanism

Moonbirds, the latest NTF breakthrough project, was a bold funding mechanism for a media company; Moonbirds. NFTs as a funding mechanism.

Carbono Insights

Sporting Crypto: To License or Not to License?

NFTs have opened up a new can of worms for sports rights holders. There’s confusion and misunderstanding, and a lot of people seem to think that...

Sporting Crypto

Sporting Crypto: GOALS Raise $15m Seed Round to Build Multiplayer Soccer Game

Swedish startup GOALS have raised a $15m seed round to help build an alternative to EA’s FIFA video game series. GOALS is a play-and-earn game that...

Sporting Crypto

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