ICrypto

Hotest Blockchain News in First Media Index

Just-In: English Football Club Arsenal Enters NFT Craze

English football club Arsenal is partnering with Unagi’s fantasy football game Ultimate Champions, the Premier League team announced on Tuesday. The long-term partnership allows users to play cross-league fantasy football free of cost, with an option to trade player NFTs with other users in the platform.

Play To Earn NFT Model

The fantasy football game also supports in-game currency that users can earn and spend on the platform. The game allows for building the best possible team with real world players and earning rewards based on how the players perform in real life. The scoring system built in Ultimate Champions takes into account all player positions.

Created in a play to earn model, the player NFTs are similar to collectible football stickers in digital form. More success in the game will mean earning more NFTs which in turn could be traded with other users.

However, users can play the game in its entirety for free, without having to purchase digital player cards. The $CHAMP token is the utility token used across the Ultimate Champions platform, while the $MGC token, which represents manager contracts, is the main reward source for users.

Gaming Meets Fan Engagement

Juliet Slot, Arsenal’s chief commercial officer, said the partnership is aimed at being at the forefront of global fan engagement and to give the fans the ultimate gaming experience. “Unagi’s Ultimate Champions represents the next generation of fantasy football gaming. We are privileged to be the only Premier League club to join the free to play game and bring this brilliant concept to our supporters around the world, giving them the opportunity to apply their global football knowledge and test themselves as a football manager.”

Trending Stories
$UST Decline: Here’s U.S. Government’s Quick Response
News
Binance CEO Stirs Hope As Market Crashes, Here's His Advise For Investors
News
Tron (TRX) Founder Joins El Salvador In Dip-Buying, Scoops $15 Million In BTC
News
Will MicroStrategy, Tesla Sell Their Bitcoins To Avoid Loss?
News
Is BINANCE Eyeing Italian Approval? CZ Meets Former PM Conte
News

Remi Pellerin, Unagi’s chief executive officer, said the value of the NFTs will evolve over time in line with the real performances of each Arsenal player.

“Arsenal’s young crop of players is perfectly suited to our innovative fantasy game: users will be able to scout for young talent, collect their favourite players’ digital cards, and play with them every week.”

  • Trending
  • Price Analysis
  • Just-In: English Football Club Arsenal Enters NFT Craze
  • $UST Decline: Here’s U.S. Government’s Quick Response
  • Binance CEO Stirs Hope As Market Crashes, Here’s His Advise For Investors
  • Tron (TRX) Founder Joins El Salvador In Dip-Buying, Scoops $15 Million In BTC
  • Is Binance Eyeing Italian Approval? CZ Meets Former PM Conte
  • Bitcoin (BTC) To Stay Supported Above $30K For Now, Here’s Why
  • Azuki NFT Prices Plummet After Founder Raises Rug-Pull Alarm
  • Bitcoin (BTC) Price Recovers To $32K As Whales, Institutions Buy The Dip
  • Bargain Hunting? Ethereum Whales Are Buying These Cryptos Amid A Crash
  • Crypto Exchange Binance Suspends Withdrawal of Terra (LUNA) and UST Stablecoins
  • MATIC Price Analysis: 25% Discount on MATIC Price Offer Dip Opportunity
  • Avalanche Price Analysis: AVAX Price Jumps 19% In A Sharp Bounce Back; Is Correction Over?
  • ETH Price Analysis: Is This An Opportunity To Retest $2800 Amid Bullish Technical Formation?
  • FTT Price Analysis: Oversold RSI Boast FTT Price For $38 Target
  • Bitcoin Price Analysis: BTC Price Rebounds From 10-month lows; Is $34,000 possible?
  • Ripple Price Analysis: XRP Price Falls to 10-month lows; Is $0.40 Next?
  • SHIB Price Analysis: SHIB Holders Lost A Monthly Support; Sell or Hold?
  • Terra Price Analysis: LUNA Price Tumbles 17%; Are You Still Holding?
  • Cardano Price Analysis: ADA Prints New Record Lows Near $0.65; More Pain In Offer?
  • NEAR Price Analysis: Aligned Supports May Hold NEAR Price Above $10
  • About author
  • Disclaimer
The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Crypto StoriesView all
Crypto Tech Firm Receives Funding From Wells Fargo and BNY Mellon
Billionaire Mark Cuban Thinks This Factor Will Drive Crypto Sector
Why is Independent Russian Media Turning To Bitcoin?
Share
 11.05.2022

Hotest Cryptocurrency News

End of content

No more pages to load

Next page