NFTs are already gaining popularity inside the sports activities world and evidently there might be no stopping it. The newest NFT sports activities growth comes as RealFevr, an NFT and fantasy sports activities app, has introduced a €10 million funding spherical. This brings the whole funding raised by the corporate since its inception to €15.4 million.
This spherical noticed participation from firms like Semapa Subsequent, Shilling Capital, and Companions. As per reviews, RealFevr plans to make use of these funds to amass extra IP rights and increase internationally.
The previous couple of months have seen much more sports-focused NFT tasks come to gentle. And these haven’t been restricted to soccer alone. From basketball to baseball, we’ve seen all types of leagues and groups launch web3 tasks. What makes this much more spectacular is that many of those developments have occurred throughout a crypto winter that many critics have declared the tip of the NFT house.
This was touched on by RealFevr CEO Fred Antunes in a press release in regards to the funding spherical and what it means.
“Given the precise market traits in addition to worldwide financial and political challenges, securing €10 Million reinforces the imaginative and prescient all of us share, as a group, for RealFevr,” he stated.
Need extra? Join with NFT Plazas
Be a part of the Weekly Publication
Be a part of our Discord
Comply with us on Twitter
Like us on Fb
Comply with us on Instagram
*All funding/monetary opinions expressed by NFT Plazas are from the private analysis and expertise of our web site moderators and are meant as academic materials solely. People are required to completely analysis any product prior to creating any type of funding.
Tokoni Uti has written extensively on blockchain and cryptocurrency for years. Her work has appeared on websites like BTCmanager and Blockchain Reporter. She has a level in Company Communications.
