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Boston Celtics basketball team joins fan token platform Socios

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Socios, the blockchain-based platform chargeable for tokenizing many fashionable sports activities franchises, has stated the Boston Celtics basketball team might be becoming a member of its roster.

In a Wednesday announcement from the Nationwide Basketball Affiliation, Socios stated it would have a major presence on the Celtics’ web site. Although the platform didn’t particularly point out it might be tokenizing gamers for digital collectibles, will probably be utilizing Celtics’ logos for worldwide advertising.

Alexandre Dreyfus, CEO of Socios and blockchain-based sports activities platform Chiliz, stated this partnership with an NBA team might result in “enhanced fan engagement for fans of the Celtics,” maybe hinting basketball followers may see tokens for the team because the platform develops. The Celtics have been a significant drive within the NBA, having gained 17 world championships, the latest one in 2008.

Tokenizing skilled sports activities gamers and franchises appears to be a aggressive sport amongst blockchain companies as firms proceed to announce related partnerships. 

NBA’s Philadelphia 76ers and the Nationwide Hockey League’s New Jersey Devils have already joined Socios. The platform has stated it would launch fan tokens for the Final Preventing Championship and Formulation 1 racing groups Aston Martin Cognizant and Alfa Romeo Racing on the Chiliz blockchain. Nonetheless, Dapper Labs’ NBA High Shot has the backing of outstanding basketball gamers together with Michael Jordan, Alex Caruso, and Kevin Durant.

Associated: Socios companions with Turkish soccer membership union to discover digital income fashions

Final week, the NBA’s Portland Path Blazers introduced a sponsorship program with blockchain firm StormX, which might reportedly have gamers put on the agency’s brand on their jerseys for the subsequent 5 years.

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