Tag: NFT

Soccer Premier League, the top tier of England’s professional soccer league, is readying to expand its exposure to non-fungible tokens (NFTs) through a potential partnership with NFT fantasy soccer game Sorare that could be worth some £30 million ($34.6 million) per year. 

Soccer Premier League 1

The cooperation is to be discussed today during a meeting of club executives and company representatives, UK broadcaster Sky News reported. Under the potential multi-year contract, the Premier League’s 20 clubs will allow their fans to purchase NFTs with the digital depictions of top athletes such as Manchester United’s Cristiano Ronaldo, Harry Kane of Tottenham Hotspur, and Manchester City’s Erling Haaland, among others. 

Soccer Premier League 2

Industry sources with knowledge of the ongoing talks said the discussed contract with Sorare would replace a deal with ConsenSys that was close to being signed earlier this year. ConsenSys had attempted to renegotiate a deal at a lower price following this year’s drop in NFT prices. However, a Premier League club executive said they had been informed the contract with Sorare contract would provide the 20 soccer clubs with better financial conditions.

Soccer Premier League 3

Sorare is an NFT-based fantasy football manager game which allows its users to play, acquire, buy, and sell player cards as part of an immersive worldwide gaming experience. It allows users to build and manage their dream teams and l sell their top players for money.

The latest development comes shortly after Sorare secured major funds from investors to finance its further development. In late January 2022, a funding round led by Japan’s Softbank injected some $680 million into the Paris-based company. 

In addition to the deal with the Premier League, other plans by Sorare include offsetting the company’s unavoidable carbon emissions by the end of this year, with the long-term goal of reaching net-zero emissions by 2025.

“In July of 2021, we reduced our corporate carbon footprint by 99 percent by migrating the vast majority of our transactions within the Ethereum blockchain to the more efficient Layer 2 network. Our long-term ambition is to align our decarbonisation efforts to a long-term net-zero strategy,” the company said in a statement. 

With this in mind, last month, the Paris-based business unveiled its partnership with Plan A, a carbon accounting, decarbonisation, and ESG reporting platform, as part of the firm’s “long-term sustainability strategy.”

At the same time, a separate contract to be signed by the Premier League and NFT business Dapper Labs is reportedly also under negotiations. 

U.TOWN：https://u.town/en

Metaverse-based cryptocurrency projects have become the talk of the town in the past couple years, since Facebook’s Mark Zuckerberg rebranded the company to Meta Platforms and set out to build a metaverse for business.

By introducing playable NFTs in the metaverse using blockchain technology, cryptocurrency projects introduce many more use cases to investors – crypto, NFTs and the metaverse have now become almost synonymous.

However, some investors may find evaluating and searching for the top NFT metaverse projects tricky. To help guide beginners, this article reviews and analyzes the best metaverse NFT projects to invest in 2022 wise.

The 9 Best Metaverse NFTs to Invest in Today

The section below provides an overview of the best metaverse NFTs to invest in 2022.

• Tamadoge – Newly Listed Token on OKX, Offering Playable NFTs
• Battle Infinity – Multi-Use Metaverse NFT Platform
• Lucky Block – NFT Platform Offering Exciting Rewards
• Decentraland – Cryptocurrency Project with NFT Real Estate Metaverse
• Axie Infinity – Metaverse with $820,00K NFT Asset
• The Sandbox – NFT Platform that Lets Investors Monetize Virtual Land
• Adidas into the Metaverse – Limited NFT Collection Created by Adidas
• MetaCity – Access a Virtual World with Human NFT Avatars
• League of Kingdoms – P2E Fantasy Game with Dragon NFTs

Analyzing the Top Metaverse NFTs

To get a broader perspective on the top NFT projects, it is essential to learn more about the platform use-cases, prices and key features. Therefore, the sections below thoroughly analyse the best metaverse NFT projects to invest in right now. 

1.Tamadoge – Newly Listed Token on OKX, Offering Playable NFTs

At the top of our list for the best NFT projects is Tamadoge (TAMA) – a play-to-earn (P2E) cryptocurrency offering in-game earning opportunities to platform members. TAMA is the native cryptocurrency that can be used to participate in the Tamaverse – the platform’s virtual ecosystem that offers playable NFT avatars and other exciting projects. 

TAMA can be used on the Tama store to purchase Tamadoge Pets – non-fungible tokens that take the form of virtual dog-like avatars. Each Tamadoge pet offers unique characteristics and is minted using smart contract functionality. 

Players can also purchase virtual items that are utilized to grow and breed their individual pets. Eventually, the Pet NFTs will be used in community-wide competitions. At the end of every month, top performers are awarded TAMA rewards from prize pools. 

With a total supply of 2 billion, TAMA aims to be a deflationary asset. Moreover, 5% of all tokens spent on the ecosystem will be burnt to ensure the demand is higher than the supply. While 30% of the tokens spent will be set aside for marketing purposes, the remaining 65% will be re-distributed among P2E prize pools. 

In August, Tamadoge completed one of the best crypto presales of 2022. After raising $19 million, the token has now been listed on OKX – one of the largest cryptocurrency exchanges. With over 20 million users, OKX will allow investors to trade TAMA on its centralized (CEX) and its decentralized exchange (DEX). 

According to the Tamadoge whitepaper, Tamadoge aims to release an AR-based P2E app, a P2E-style arcade platform with physical rewards and make strategic partnerships with popular metaverse projects. Its ecosystem also the potential to become one of the best utility NFT projects. 

U.TOWN：https://u.town/en