OneFootball Secures $300 Million to Revolutionize Sports with Web3 Innovations

Estimated read time 2 min read

Major Investment Fuels OneFootball’s Web3 Ambitions

OneFootball, the German media application that’s a favorite pastime for millions, just leveled up big time, raising $300 million in a Series D round. Think of it as a turbo boost on their journey to establish a swag-tastic presence in the Web3 realm. This cash will not only help them flex their digital muscles but also roll out some seriously cool features for fans.

Building the Future with OneFootball Labs

In a strategic move, OneFootball has teamed up with the NFT powerhouse, Animoca Brands, to launch OneFootball Labs. What’s cooking in the lab, you ask? This joint venture is set to offer clubs, leagues, federations, and players the tools to dish out digital goodies and experiences that scream blockchain tech. Picture this: fans snagging virtual collectibles as easily as getting a coffee—just an email and credit card away!

The Money Behind the Magic

Leading the funding frenzy is Liberty City Ventures, with notable contributions from a roster of big-name investors like Animoca Brands, Dapper Labs, and more. It’s like the Avengers of venture capital, coming together to reshape the football landscape. Murtaza Akbar, managing partner at Liberty City Ventures, emphasized that with 100 million monthly users, OneFootball is primed to leverage blockchain for rapid fan engagement and enhanced experiences.

Bridging Real and Virtual Worlds

With blockchain touted as the next big thing, OneFootball has the chance to take that excitement beyond the stadiums. Lucas von Cranach, OneFootball’s founder and CEO, shared his vision: “The future of football will be decentralized, placing data and digital assets back in fans’ hands.” It’s a bit like giving fans a key to the vault of football—talk about a power shift!

Football Giants Entering the Metaverse

While OneFootball is gearing up for a digital takeover, they’re not alone. Manchester City just partnered with Sony to dive into the Metaverse, bringing virtual reality into their professional realm. And let’s not forget about Manchester United; they’ve teamed up with Tezos to strut into the Web3 scene. It’s almost like a techy race—who will make it to the finish line of fan engagement first?

You May Also Like

More From Author

+ There are no comments

Add yours