Small-time sports fans could get a piece of big-time teams with the help of blockchain technology, according to baseball-player-turned-businessman Alex Rodriguez.
“With blockchain, I think millions of people around the world will have an opportunity to own a sports team, if not a small stake in one,” Rodriguez said at the Futures Industry Association conference in Boca Raton, Florida, Thursday. “We don’t have that opportunity, but tomorrow I think we will,” said the former Major League Baseball star also known as “A-Rod.”
Sports teams have been embracing the digital asset craze, forming partnerships with crypto companies and issuing “fan tokens” that give holders a variety of perks, such as voting on their team’s jersey color and participating in raffles.
Continue reading: https://www.bloomberg.com/news/articles/2022-03-17/a-rod-says-blockchain-can-bring-sports-team-ownership-to-masses
“With blockchain, I think millions of people around the world will have an opportunity to own a sports team, if not a small stake in one,” Rodriguez said at the Futures Industry Association conference in Boca Raton, Florida, Thursday. “We don’t have that opportunity, but tomorrow I think we will,” said the former Major League Baseball star also known as “A-Rod.”
Sports teams have been embracing the digital asset craze, forming partnerships with crypto companies and issuing “fan tokens” that give holders a variety of perks, such as voting on their team’s jersey color and participating in raffles.
Continue reading: https://www.bloomberg.com/news/articles/2022-03-17/a-rod-says-blockchain-can-bring-sports-team-ownership-to-masses
