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Blockchain, crypto set to take sports industry beyond NFT collectibles -Breaking


Crypto and blockchain set to transform the sports industry beyond NFT collectibles

(BTC) has been attributed as the most prominent blockchain use case, showing the technology’s prowess in successfully delivering An immutable, truly decentralized ledger throughout the past 13 year. Adding to the years of innovations since then— that saw the introduction of Altcoins, non-fungible tokens (NFT), Finance decentralization(DeFi), and other details, Deloitte’s study highlighted the immense potential of crypto ecosystem to expand markets in the field.

To increase the fan engagement through collectibles, voting and tokens, NFTs and fan tokens were introduced in sports to help with this. Deloitte of the Big 4 accounting firm sees blockchain and crypto technology becoming more mainstream in the next few years.