Market Share of Blockchain in Sports Industry
Blockchain in the Sports market is moderately consolidated, with a few prominent companies. The companies continuously invest in strategic partnerships and product developments to gain market share. Some of the current advancements in the market are:
- February 2022 - Juventus established a multi-year global agreement with Socios.com to develop its cryptocurrency. The blockchain-based fan interaction platform will issue a new cryptocurrency known as the Juventus Official Fan Token for the Serie A champions as part of the agreement. The collaboration is part of the club's efforts to use blockchain technology to improve worldwide fan involvement and grow its global audience, particularly outside Europe. The club includes around 60 million social media followers and an estimated 340 million international supporters.
Blockchain in Sports Market Leaders
Algorand
Globatalent
Dappler Labs
Rarible
Blockasset
*Disclaimer: Major Players sorted in no particular order
