RATE Group | Online Deal Will Pay NFL Players in Cryptocurrency
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Online Deal Will Pay NFL Players in Cryptocurrency

31 Jul Online Deal Will Pay NFL Players in Cryptocurrency

Posted at 14:02h in Cryptocurrency News by

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The alliance of sports and cryptocurrency is all set for an entertaining development. With high user engagement observed in live streaming of video games and in dedicated fan following of players, a blockchain project is opening up to National Football League (NFL) players. The NFL Players Association, the union for NFL athletes, has announced a partnership with a blockchain startup that will allow its players to host content and earn revenue through the decentralized platform.

The deal involves NFLPA acquiring a minority stake in SportsCastr, a live streaming platform that enables users, fans or athletes to act as sportscasters to cover live sporting events. Launched by the creators of the FanChain token, SportsCastr aims to emerge as a decentralized sports entertainment ecosystem and reward users for producing and hosting content based on audience engagement.

As a part of the collaboration and stake purchase, NFLPA “plans to encourage its members to provide…

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