A multi-year contract for static photographs of players in the form of NFTs would be included in the agreement. If inked, it would cost around $34.7 million per year and would replace the Premier League’s first arrangement with ConsenSys, which was in the works but not completed early this year, according to Sky News.
After NFT prices and volumes fell this year, ConsenSys, the blockchain infrastructure supplier of Infura and MetaMask, is said to have attempted to renegotiate a lower-priced contract with the Premier League.
According to reports, Sorare then proposed a more lucrative deal than the updated ConsenSys offering.
The Premier League, the UK’s top-tier soccer league with hundreds of millions of die-hard followers, is also said to be in talks with Dapper Labs.
Sorare is a digital collectibles marketplace that has recently teamed with the NBA and other sports leagues. Recently Liverpool FC, a Premier League player, announced its partnership with the platform.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Harold
CoinCu News
Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…
SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…
The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…
Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…
Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…
Palo Alto, California, 21st November 2024, Chainwire
This website uses cookies.