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Earlier this year, Lucra Sports founder and CEO Dylan Robbins did something that no one else has ever done. He landed famed public investor Cathie Wood and her ARK Invest Venture Fund as a lead in a startup fundraising round. Lucra announced last month that it raised a $20 million Series B, led by the…
Blockchain has transitioned from arena sponsorships to mission-critical stadium infrastructure. Sport has enabled blockchain’s mainstream moment. Opinion by: Dima Saksonov, founder and CEO of Atleta Network The sports industry has become the distribution channel for blockchain’s mainstream moment. Leagues, teams and venues are running verifiable ticketing, identity and rights-management systems as mission-critical infrastructure that operates…
” Chiliz announces $50M incubator and accelerator program for early-stage blockchain projects “ Chiliz, a global company that deals with blockchain for sports and entertainment, has launched its incubator and accelerator program, Chiliz Labs, with the support of Jump Crypto. The $50 million program intends to invest in early-stage blockchain projects that leverage the Chiliz…
” Blockchain tech still far from hitting the esport big leagues, says investor “ Small esports tournament organizers have started dabbling in blockchain tech to host tournaments and distribute prize pools. However, don’t expect to see it in the big leagues just yet, says an investor. Esports, or electronic sports, is a form of organized…
“I get paid to coach video gamers. Seriously.” Ryan Oldfield has a job you probably want. But coaching e-sports players is more intense than you might think. “We train them on injury prevention, nutrition and step challenges.” Early days: I grew up in London, England. I was eight years old when I got my first…
” How NFTs can boost fan engagement in the sports industry “ Nonfungible tokens (NFTs) have grown a lot in popularity since the release of CryptoKitties in 2017, with the sector expected to move over $800 billion in the next two years. Some of the most well-known use cases for NFTs are picture-for-proof projects such…
“Mark Neace earned $700K coaching ‘League of Legends’ gamers” This retired soldier is making a mint teaching pretend warriors how to fight on their computers. Mark Neace, an ex-Army Intelligence sergeant, coaches people on how to play the video game “League of Legends” — the most popular game played on a competitive level around the…
” Fans seek trust and better understanding of sports NFT market: Research “ The heavy involvement of the sports ecosystem is what expedited nonfungible tokens’ (NFT) mainstream adoption as the teams and players leveraged the technology for fan engagement. However, sports fans revealed their interest in moving beyond the hype and making investments based on…
“How Atari paved the way for Fortnite — and changed the world” Game on! As the pandemic raged in 2020, a revolution played out in the entertainment world. In that year, video game revenue grew 20% to a whopping $179.7 billion — pulling in more money than global movies and North American sports industries combined….
” Blockchain, crypto set to take sports industry beyond NFT collectibles “ Bitcoin (BTC) has been attributed as the most prominent blockchain use case, showing the technology’s prowess in successfully delivering an immutable and truly decentralized ledger over the past 13 years. Adding to the years of innovations since then— that saw the introduction of…