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Sports organizations would be able to gather more insightful and actionable data about their fans in order to drive engagement and revenue. This dependency will end in the near future, as trained authenticators with magnifying glasses and discerning eyes are no match for immutable mathematics. These digital assets can be traded within a game or externally on the public market. For example, Ethereum enabled rewards programs can create cross-partner networks that allow loyalty rewards to be used with partnered brands. Sign up for an enterprise blockchain consultation We help enterprises, governments, non-profits, and startups across the globe build, test, and deploy public and private blockchain solutions. The 5 billion dollar sports memorabilia industry is predicated on a system of trust to verify the authenticity of each specialty item.

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Blockchain-based sports and esports enable the following use cases: Development of blockchain-based identities that give users benefits in exchange for providing insightful and actionable data to organizations.

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Think of a verifiable superfan as a fan profile or a sports organization issued a license. Organizations will be able to generate and sell digital collectibles directly to their fans, providing a new way for fans to tangibly represent their event experience and participation. Blockchain technology has the ability to grant individual pieces of memorabilia their own identities for authenticity and verification purposes. The 5 billion dollar sports memorabilia industry is predicated on a system of trust to verify the authenticity of each specialty item.

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