Crypto in Sports, Sporting Crypto

Sporting Crypto

Crypto in Sports

Breaking down the intersection between Sports and Crypto

Intersection Between Sports and Crypto

Crypto

<ul><li>In short, it’s a 3-on-3 Basketball league founded by none other than Hip Hop icon Ice Cube.</li><li>Traditionally, basketball is 5-on-5, so this is a faster-paced and smaller version.</li><li>The league consists of 12 teams whose rosters include both former NBA players and international players.</li></ul>

In short, it’s a 3-on-3 Basketball league founded by none other than Hip Hop icon Ice Cube.Traditionally, basketball is 5-on-5, so this is a faster-paced and smaller version.The league consists of 12 teams whose rosters include both former NBA players and international players.

Sporting Crypto - BIG3 to Allow Fans Ownership of Basketball Teams Through NFTs

<ul><li>In 2017 - 2018, the speculation we saw in crypto was pretty mad.</li><li>If you thought this was bad, 4-5 years ago people were putting literally anything on a blockchain, launching an initial coin offering (ICO) and basically going into nothingness after they run out of money.</li><li>And there was a lot of retail money there. There were a lot of people essentially gambling on the next big thing.</li></ul>

In 2017 - 2018, the speculation we saw in crypto was pretty mad.If you thought this was bad, 4-5 years ago people were putting literally anything on a blockchain, launching an initial coin offering (ICO) and basically going into nothingness after they run out of money.And there was a lot of retail money there. There were a lot of people essentially gambling on the next big thing.

Sporting Crypto - May 23rd 2022: Enter Bear Market

<ul>
<li>Crypto markets continue to look treacherous and whilst there’s been some respite more recently, I do think that this feels like the beginning of a bear market where we could see prices go lower</li>
<li>In very early 2018 we saw a Crypto crash that saw Bitcoin drop from $20k to about $10k before taking a short pause, and then dropping to $4k and staying there for a while. About 2 years, in fact.</li>
<li>No one really knows, but it doesn’t feel like there’s quite enough doom and gloom for this to be the ‘bottom’.</li>
</ul>


Crypto markets continue to look treacherous and whilst there’s been some respite more recently, I do think that this feels like the beginning of a bear market where we could see prices go lower
In very early 2018 we saw a Crypto crash that saw Bitcoin drop from $20k to about $10k before taking a short pause, and then dropping to $4k and staying there for a while. About 2 years, in fact.
No one really knows, but it doesn’t feel like there’s quite enough doom and gloom for this to be the ‘bottom’.


Sporting Crypto - May 16th 2022: Sorare Sign MLB Deal

<ul><li>Stakes have raised $5.3m for NFTs aimed at sports wagering fans.</li><li>The New York based startup has taken investment from the likes of Digital Currency Group, FBG capital and many more as they aim to make sports wagering more social by offering a ‘Web3 experience’ for fans using NFTs as rewards.</li><li>And whilst Stakes is trying to disrupt the gambling market, they’re more of a prediction style app that allows users to wager based on opinions and the rewards are NFTs.</li></ul>

Stakes have raised $5.3m for NFTs aimed at sports wagering fans.The New York based startup has taken investment from the likes of Digital Currency Group, FBG capital and many more as they aim to make sports wagering more social by offering a ‘Web3 experience’ for fans using NFTs as rewards.And whilst Stakes is trying to disrupt the gambling market, they’re more of a prediction style app that allows users to wager based on opinions and the rewards are NFTs.

Sporting Crypto - Stakes Raises $5.3M for NFTs for Sports Wagering Fans

Independent Research, Cryptocurrencies, Carbono Insights

Carbono Insights

Independent Research, Cryptocurrencies

Advisory Firm Specialized in Cryptocurrencies

Carbono is an advisory firm specialized in cryptocurrencies that helps clients navigate the economic and financial innovations derived from the rise of digital assets. Our investment fund, Abacus Carbono, is designed to be an on ramp for investors interested in cryptocurrencies and projects born under the crypto-economy principles.

<ul><li>The latest sensation in the NFT space is some automatically generated pixel art animals that people are buying for astonishing amounts of money to use as their profile pictures.</li><li>Yet here we are again. This new collection is Moonbirds: a set of 10.000 (yes, they also used the 10k number) cute little creatures, and it has broken records with over $281M in sales.</li><li>The reason being, probably, that they have masterfully recapped under one collection some of the best practices in the NFT space, and then added their own flavor.</li></ul>

The latest sensation in the NFT space is some automatically generated pixel art animals that people are buying for astonishing amounts of money to use as their profile pictures.Yet here we are again. This new collection is Moonbirds: a set of 10.000 (yes, they also used the 10k number) cute little creatures, and it has broken records with over $281M in sales.The reason being, probably, that they have masterfully recapped under one collection some of the best practices in the NFT space, and then added their own flavor.

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Sporting Crypto - BIG3 to Allow Fans Ownership of Basketball Teams Through NFTs

Fan ownership of sports franchises has often been mooted as a big potential selling point for crypto in sports. But it hasn’t really panned out all...

Sporting Crypto

Sporting Crypto - May 23rd 2022: Enter Bear Market

4-5 years ago people were putting literally anything on a blockchain, launching an initial coin offering (ICO) and basically going into nothingness...

Sporting Crypto

Sporting Crypto - May 16th 2022: Sorare Sign MLB Deal

Crypto markets continue to look treacherous and whilst there’s been some respite more recently, I do think that this feels like the beginning of a...

Sporting Crypto

Sporting Crypto - Stakes Raises $5.3M for NFTs for Sports Wagering Fans

Stakes have raised $5.3m for NFTs aimed at sports wagering fans.. The New York based startup has taken investment from the likes of Digital...

Sporting Crypto

Moonbirds. NFTs as a Funding Mechanism

Moonbirds, the latest NTF breakthrough project, was a bold funding mechanism for a media company; Moonbirds. NFTs as a funding mechanism.

Carbono Insights

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