Jonny Fry Posted
NFT in sports: manna from Heaven?
Written by Nicholas Fitzpatrick, partner at DLA Piper
As the sports world sought to recover from the financial consequences of COVID-19 two themes emerged. First, the paramount need to secure sources of revenue. Second, an urge to accelerate the adoption of technologies which offer new ways of engaging with fans in a way at least partially insulated from the vagaries of global pandemics. And so the news early in the year that the NBA (as it so often is) was a successful earlier adopter of NFT collectibles, and is (in partnership with Dapper Labs) generating significant numbers from...
Written by Nicholas Fitzpatrick, partner at DLA Piper
As the sports world sought to recover from the financial consequences of COVID-19 two themes emerged. First, the paramount need to secure sources of revenue. Second, an urge to accelerate the adoption of technologies which offer new ways of engaging with fans in a way at least partially insulated from the vagaries of global pandemics. And so the news early in the year that the NBA (as it so often is) was a successful earlier adopter of NFT collectibles, and is (in partnership with Dapper Labs) generating significant numbers from...