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” Crypto and NFTs at F1: What are firms bringing to the races beyond sponsorships? “ The cryptocurrency community has always put an emphasis on decentralization and globalization. Therefore, it shouldn’t come as a surprise that a number of crypto companies are sponsoring Formula 1 (F1) racing teams in an attempt to further connect with…
“# Exodus wallet integrates with SportX to enable esports betting with crypto ” Cryptocurrency wallet Exodus has officially integrated with SportX, an online sports and crypto betting platform, giving users the ability to wager on esports games through smart contracts executed on the Polygon network. The partnership, which was announced Tuesday, gives Exodus’ more than…
“# CRO price hits new high after Crypto.com wins Los Angeles’ Staples Center naming rights ” Crypto.com’s native cryptocurrency CRO hit an all-time high of $0.593 on Nov. 18 after the company won the naming rights to Los Angeles’s Staples Center. The cryptocurrency trading platform announced Tuesday night that it had paid $700 million to the Anschutz Entertainment…
“# Sorare scores $680M funding led by SoftBank to grow its NFT sport portfolio ” Sorare, a marketplace for nonfungible token (NFT) trading cards, has raised $680 million in a Series B funding round led by Japanese fintech giant SoftBank, resulting in a revised valuation of $4.3 billion for the platform. According to the company,…
“# Crypto exchange Bybit signs esports deals with Astralis and Alliance ” Bybit has secured new contracts with esports organizations Astralis and Alliance that will see the cryptocurrency exchange expand its footprint in the video game industry. Bybit will have its logo featured on gaming jerseys and twitch.tv streams as part of a broader strategic…
“#St. Clair Saints and Crunchyroll Sign Varsity esports Partnership” The St. Clair Saints, the first varsity esports program in Canada, announced today a partnership with Crunchyroll, the premier anime streaming service with more than 5 million subscribers and over 120 million registered users. The exciting new relationship marks the first time Crunchyroll has partnered with…
“# FTX launching NFT sports platform, backs LCS esports league with 7 year deal ” FTX is launching an NFT platform centered on sports and entertainment and has also stitched up a new sponsorship with professional esports league, the League Championship Series LCS. According to Variety, FTX U.S. is teaming up with Dolphin Entertainment to…
“#New Sony Patent Hints PS5 Online Tournaments” A few of Sony’s latest patents are related to esports. It appears that the business giant wants to get more invested in this extremely popular element of gaming culture. On July 8, Sony filed a resumption of a patent application that was first submitted in 2018. Online Tournament…
“# FTX becomes official crypto sponsor of MLB ” Crypto derivatives exchange FTX has become the official sponsor of Major League Baseball, setting the stage for broader mainstream recognition of digital assets. As part of the sponsorship deal, which is expected to last for at least five years, every Major League umpire will receive an…
“# NBA 76ers joins fan token platform Socios ” Socios, the blockchain-based platform responsible for tokenizing many popular sports franchises, has said the Philadelphia 76ers basketball team will be joining its roster. In a Thursday announcement from Socios, the platform said as part of the partnership the 76ers, or the Sixers, will integrate branding from…