5 Web3 Sports Companies That We're Watching
Sports trading cards aren't the only cool thing getting a web3 upgrade.
Web3-slinging athletes, a blockchain draft, and a rising number of NFT sports collectibles. These are just a few of the stories that have come out recently that showcase how web3 has entered the world of sports.
The web3 movement is actively cutting out the middlemen, changing how fans interact with athletes, and how athletes interact with their teammates. The world is changing very quickly.
In celebration of this, here are 5 web3 sports companies that we’re watching:
1/ FanCraze
FanCraze allows cricket fanatics to collect and trade officially-licensed cricket NFTs from the ICC. They’re built on Flow, and backed by some of the larger VC firms such as TigerGlobal, Coatue, and Sequoia.
👉 Website
2/ Silverlight
A hike-to-earn platform (we are totally obsessing over this idea) that allows individuals to record their hikes, earning EEF tokens in the process. Silverlight’s hiking app includes offline navigation, hike recordings, social features and a trail directory to discover new trails, giving hikers a way to get rewarded for their efforts.
👉 Website
3/ LinksDAO
After raising $11 million through NFT's, LinksDAO is focusing on buying a top-100 public course that gives holders unique benefits & discounts. Memberships are currently sold out, however you can purchase on secondary.
👉 Website
4/ KrauseHouseDAO
A community of basketball fanatics that are crazy enough to attempt to purchase and operate an NBA team as a DAO. As they put it in their whitepaper, “The collective of ambitious contributors whose goal is to own an NBA team describes the underlying mission of DAOs in its purest form: Difficult by one, achievable by many.”
👉 Website
5/ SportsIcon
SportsIcon is building a unique platform that enables fans to get closer to their sporting heroes. Athletes also get to curate their own bespoke digital art collection (which is pretty cool 😎🎉).
👉 Website
Today's sports headlines are full of the latest and greatest technology-enabled developments. From holograms to driverless golf carts, the future couldn't be more captivating for athletes and fans alike.
In sum, the innovation that web3 brings has the potential to solve many of the ills affecting sports today. Whether it’s giving athletes more control over their brand by letting them do so directly, bringing transparency and efficiency to the industry, or letting fans interact with athletes in a more direct way, we’re excited to see what will come over the next few years.