From NBA to eSports, what role will crypto play in the sports industry in 2021?

In 2021, the Crypto space will have a major impact on the sports industry. We have previously mentioned various sports related to Crypto sites. Therefore, when the Sports Industry Crypto domain enters the full development phase in 2022, we will look at the impact of the Sports Industry Crypto domain in 2021.

With three sections: Coalition, Collaboration, Soccer Tournament and Strike Campaign, we will be announcing the coming 2021.

Cooperation

One of the biggest crypto deals in the game to date is the recent Coinbase-NBA partnership, another big deal after the NBA-Dapper Labs partnership.The deal appears to encourage other large groups to get involved with the Crypto site and send a message that they can benefit from this site..

Since joining the WNBA, NFL, and La Liga, all have partnered with Dapper Labs to provide their own NFTs. The NFL will complete a beta in the coming weeks, along with special industry groups.

NFTs have penetrated almost every aspect of the sports industry, and teams are no exception.2In 2021, teams from multiple factions will battle it out in the NFT.. The NBA team is the leader here, along with the Hornets, Jazz, Warriors, Bucks, Cavaliers and many more..

In esports, the FTX crypto exchange has emerged as a major sponsor and the organization's name has been changed to TSM.FTX in partnership with TSM, an esports organization. Meanwhile, for esports organizations, Coinbase is also a major sponsor of the esports space.

Crypto.com is more important in European football. The league-wide contract for Serie A and three-year, $ 42 million with AS Roma and Zytara Labs. andSorare dominates the NFT exploration of European football., was hardly affected by its NFT rival, Dapper Labs..

At the same time, Socio and his name Chiliz were in a fan token position, entering the sports industry across America and reaching out to South American football clubs, the UFC and the NBA. .

Market share

Adidas and Nike were pioneers in the crypto space, and Adidas is the more controversial of the two. Adidas has teamed up with BAYC and The Sandbox to develop their own "Metaverse Wear" product.. And Nike has also jumped into the clothing space, acquiring RTFKT, OpenSea NFT's flagship project, to develop Nike clothing.

Traditional toys like Nike and Adidas have found their way in 2021, but not all brands and companies that look alike will find an easy way out. Big companies like Ubisoft, for example, have received inadequate responses, while other venture capitalists like EA Sports have decided to be more cautious.

At the same time, the "Spinach" platform DraftKings has done a lot of work related to the Crypto space, collaborating with Tom Brady's NFT AutoGraph.io platform, etc., and Polygon to solve the problem. scalability.

And Michael Rubin, CEO of sportswear company Fanatics, has teamed up with investors from the Crypto site to create Digital Candy, an NFT games retailer.

Advocacy of thiab athletes Advocacy

One of the biggest stars in the sports world, Messi made headlines in the crypto space when he left FC Barcelona for Paris Saint-Germain this year. Messi has agreed to receive part of his salary from PSG in the form of PSG fan tokens. andmesh passEthereum has created its own NFT called "Mesiverse"..

Several major American sports clubs were also involved, including NFL quarterbacks Trevor Lawrence, Blockfolio, Odell Beckham Jr., Tom Brady, Shaquille O'Neal, Aaron Rodgers and many other football stars.

And in the NBA, Cade Cunningham, the best star of the Detroit Pistons, signed BlockFi. NBA veteran Stephen Curry has signed with FTX.Curry also purchases Boring Ape and finds interest in the field..

However, it must be admitted that TomBrady is a major player on the Crypto site, he partnered with FTX to create AutoGraph.io, urging players from various sports to go out more and broadcast his NFTs.

Another growth on Crypto exchanges is looking for athletes to partner up, such as Voyager Digital with Rob Gronkowski and Celus with Spencer Dinwiddie.

different

Beginning in 2021, FTX secured long-term naming rights for the former American Airlines Arena in Miami. And at the end of 2021, the time of Staples Center will come to an end and the arena of Crypto.com will appear.NFT Sports Rises as Global Consulting Firm McKinsey & Company Partners with Sportico.

Meanwhile, the rise of the State Name, Image, and Like (NIL) law in the United States has opened the door for college athletes to earn their first name in history, with the cryptospace and blockchain app as the news. However, the lack of general rules means that the question of whether students can enter the cryptocurrency era is too early.

andSome attractive tokens are also exchanged on their own., Tezos signed with the Formula 1 team of Red Bull and Algorand with virtual and obvious Le Mans.

Some positives seem to be making the headlines in 2021, but European football clubs Barcelona and Manchester City are still struggling to limit their stake in Crypto's success due to the tensions.

In 2022, Crypto domains will bring more to the sports industry, and we look forward to witnessing with you all.