English Soccer’s FA Has Launched Plans For New NFT Platform

2022-7-30 22:00

The English soccer organization FA has today announced plans for building a new non-fungible token (NFT) platform.

English FA To Launch NFTs Based On English Men’s And Women’s National Soccer Teams

As announced on their website, England’s FA has posted a Request for Proposal (RFP) to find a partner for a long-term non-fungible token platform.

The English FA (which stands for “Football Association”) is the main governing body of both amateur and professional soccer in England. It also happens to be the oldest such organization in the world.

The association now has plans to use the blockchain-based tech to create new ways for fans to interact with the English national teams and also to capture new global audiences.

The firm believes this will help generate new long-term income streams as well, which it aims to invest back into the game.

“This is an exciting opportunity for us to build a new long-term platform around the FA brands and the England teams for the benefit of the game,” said the FA commercial director Navin Singh.

The NFT platform will feature collectibles related to both the English Men’s and Women’s national teams, and the IP available to the platform partner will include player names, images, logos, and more.

“As a not-for-profit organisation, we are always exploring progressive and viable ways to capitalise on new technology to help grow our fanbase and provide much-needed investment back into the English game,” explained Singh.

“NFTs present a unique and innovative opportunity to engage with our fans through the imagery of The FA and the England Senior Men’s and Women’s teams. Any revenue generated will be for the benefit of the game, whilst importantly offering flexibility for fans to express their fandom in this new exciting medium.”

The crossover of non-fungible tokens with sports isn’t anything new. There have been several such platform releases and collaborations over the last couple of years.

For example, just earlier in the year the German top-division soccer club Hoffenheim signed an NFT partnership with Baby Doge.

A recent survey has revealed that sports fans are now ready to move beyond the hype and actually invest in NFTs. Going by this, the English FA’s move seems to have come at the correct timing.

State Of The Market

The NFT weekly trading volume has flatlined at quite a low value of around $210 million during the last couple of months, following the $1.8 billion high set back in May.

Looks like the volume has been quite low in recent weeks | Source: NonFungible

At the time of writing, Bitcoin’s price floats around $23.8k, up 3% in the past week.

The value of the crypto seems to have surged up over the last few days | Source: BTCUSD on TradingView Featured image from TheFA.com, charts from TradingView.com, NonFungible.com

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Sharpe Platform Token (SHP) на Currencies.ru

$ 0.0004599 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0.0004599 - H: $0.0004599
Капитализация $8.007k Rank 99999
Доступно / Всего 17.41m SHP

english soccer platform token non-fungible announced plans

english soccer → Результатов: 15


The Premier League set to make NFT debut

The English Premier League (EPL) is arguably the best domestic football (soccer) league in the world, and in more ways than one, it is the gold standard of domestic football The EPL: Thirty decades of Innovation Since its inception in the early 1990s, the EPL has been one of the world’s most successful and lucrative […] The post The Premier League set to make NFT debut appeared first on NFT News Today.

2022-3-10 05:58


English Premier League Club Manchester City Signs OKX As Crypto Partner

English Premier League club Manchester City has penned a deal with OKX that would make the crypto exchange the soccer team’s official cryptocurrency partner. English Soccer Club Manchester City Announces OKX As Crypto Partner As per an announcement on the EPL team’s website, cryptocurrency exchange OKX is now the club’s official crypto partner. Manchester City […]

2022-3-4 22:00


Фото:

How Bitcoin Allows Cloudbet to Offer the Fairest Odds in Soccer

One crypto sportsbook is using the English Premier League’s return to demonstrate how blockchain technology helps it to offer customers fairer prices to maximise their winnings. Cloudbet, the pioneering bitcoin operator, recently announced that for each remaining game in the EPL season, it would charge no commission on pre-match bets for 1000 players, allowing them […] The post How Bitcoin Allows Cloudbet to Offer the Fairest Odds in Soccer appeared first on Bitcoin News.

2020-7-20 13:03


Фото:

eToro Brings Bitcoin [BTC] to English Premier League After Signing Sponsorship Deals With 7 Clubs

Seven high-profile English Premier League clubs have agreed to team up with multiasset trading platform eToro for the forthcoming 2018/2019 season. The sponsorship deals — all seven of them — will be paid in Bitcoin, which is what makes them iconic, considering that neither the League nor the global soccer industry had any prior large-scale […] eToro Brings Bitcoin [BTC] to English Premier League After Signing Sponsorship Deals With 7 Clubs was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-8-25 14:59


Фото:

Bitcoin Exchange Sponsoring Premier Soccer Club

English Premier League soccer club Wolverhampton Wanderers (Wolves) are playing their season with a first-of-its-kind left sleeve: cryptocurrency exchange Coin Deal’s logo. While plenty of other examples of the intersection between professional sports and cryptocurrency exist, the arrangement between the exchange and the Wolves is a fairly big step in bringing the crypto idea to a […] The post Bitcoin Exchange Sponsoring Premier Soccer Club appeared first on Bitcoin News.

2018-8-2 10:50