Skip to main content

Paris Sain — Germain and Blockchain

Paris Sain — Germain and Blockchain

Check out our new platform: https://thecapital.io/

Members of Paris Saint-Germain (PSG) — Neymar and Kylan Mbappé, as well as veterans like David Beckham, will have their own collectible digital player cards. Everything will be based on the Sorare blockchain platform.

The French football club Paris Saint-Germain will now be issuing collector’s items for fans. They will be token-based. All this will be achieved thanks to the collaboration with Socios.com.

The club has therefore become the hundredth football club to join the blockchain-based Sorare platform.

The result is that PSG players like Neymar, Kylian Mbappé, and David Beckham will be somewhat ‘tokenized’ — the platform will issue their digital player cards and in limited quantity. The value of the cards will depend on the actual performance of the players in the league tables, and the “rarity” of the collector cards is guaranteed by blockchain technology.

In a conversation with Cointelegraph, the Sorare spokesman explained that the card system had been tested since December 2019.

Entering the US market

The news about the new partnership also coincides with Sorare’s debut in the United States of America.

– We believe that by having [in our portfolio]100 clubs and three of the 10 best football clubs in the world — Juventus, PSG, Atletico Madrid, we are now well on our way to start advertising [our e-card] game,” said the platform spokesperson.

Prior to the US launch, he noted that the game “needed to be refined, in areas such as the scoring matrix and gameplay progress.”

Since its launch in March 2019, Sorare has generated as much as $2 million in card sales in 60 countries.

On Nonfungible, the ranking page for blockchain games and issuers of collectable, nonreplaceable tokens (NFT), Sorare is now ranked 5th. The platform’s seven-day volume is now $205.131 — compared to $954 231 from Cryptokitties, which is the current market leader.

The NFT model first gained significance in 2017 with the launch of Cryptokitties, which, like Sorare, is based on the Ethereum Blockchain.

https://twitter.com/thecapital_io

Paris Sain — Germain and Blockchain was originally published in The Capital on Medium, where people are continuing the conversation by highlighting and responding to this story.



from The Capital - Medium https://ift.tt/3jjXrGr
Labels:

Comments

Post a Comment

Any questions, Please.

Popular posts from this blog

Five Bitcoin Price Charts Analyzing The Dramatic Q1 2022 Conclusion

There are only hours remaining until the Q1 2022 close in Bitcoin price action. With the important quarterly candle set to close tonight, let’s look at what technicals might say about the direction of the next quarter. Q1 2022 Comes To A Close For Bitcoin The first quarter of a year, often sets the tone for the year to come. In investments, a poor Q1 performance is indicative of a bad year ahead. Considering the fact that Bitcoin price is now above $45,000 after touching $32,000 this quarter, it is tough to say the performance has been “poor” by anything other than crypto standards. Related Reading | Bitcoin Weekly Momentum Flips Bullish For First Time In 2022 The cryptocurrency has recovered nearly 40% from the low, leaving a long wick behind. Such a long wick suggests that before the quarter came to a close, buyers stepped up in a major way. Buyers were able to step up in a larger capacity in Q1 2022 than bears were able to in the final quarter of last year. The bearish wick to cl...
Post a Comment
Read more

FTX hacker reportedly transfers a portion of stolen funds to OKX after using Bitcoin mixer

On-chain activity suggests that the hacker has sent at least 225 BTC (4.5 million) to OKX so far. Hackers who drained FTX and FTX USA of over $450 million worth of assets just moments after the doomed crypto exchange filed for bankruptcy on Nov. 11, continue to move assets around in an attempt to launder the money.  A crypto analyst who goes by ZachXBT on Twitter alleged that the FTX hackers have transferred a portion of the stolen funds to the OKX exchange, after using the Bitcoin mixer ChipMixer. The analyst reported that at least 225 BTC — worth $4.1 million USD — has been sent to OKX so far.  1/ Myself and @bax1337 spent this past weekend looking into the FTX attacker’s deposits to ChipMixer. It appears they’ve likely been transferring a portion of the stolen FTX funds to OKX after withdrawing from CM So far we’ve accounted for at least $4.1m (255 BTC) sent to OKX pic.twitter.com/C46JZWtktn — ZachXBT (@zachxbt) November 29, 2022 According to ZachXBT, the FTX h...
Post a Comment
Read more

2 metrics signal the $1T crypto market cap support likely won’t hold

Despite the 8.5% weekly rally in cryptocurrencies, the lack of stablecoin premiums in Asia and futures markets activity shows buyers’ lack of confidence. Cryptocurrencies broke the $1 trillion market capitalization resistance on Oct. 26, which had been holding strong for the previous 41 days. Despite Bitcoin’s ( BTC ) modest 5.5% weekly gains, the aggregate value of 20,000 listed tokens increased by 8.5% between Oct. 24 and 31. Total crypto market cap, USD (in billions). Source: TradingView The cryptocurrency market was positively impacted by a 6.3% weekly rally in the Russell 2000 mid-capitalization stock market index. Some encouraging news accompanied the positive tailwinds from traditional markets. For instance,  55,000 BTC was withdrawn from Binance on Oct. 26, a record high. Typically, analysts consider the reduced number of coins deposited on exchanges a bullish indicator, as the immediate selling pressure eases. Moreover, exchange and wallet provider Blockchain.com ...
Post a Comment
Read more