SNEAK PEEK
- Alexandre Dreyfus talks about his expectations from the World Cup Finals.
- Dreyfus shares that fan tokens have more value, liquidity and scalability than NFTs.
- He expects the final match to be Portugal versus Argentina since they are working with both the teams.
Neither a sports fan nor someone who plays sports, Alexandre Dreyfus, is dedicated to boost the experiences of sports fans with Web3.
CEO of Socios, the sports fan token platform, he recently discussed the progress of their strategic collaboration with FC Barcelona, abilities and variations of fan tokens and the upcoming Men’s FIFA World Cup in Qatar.
In August, Socios entered into a $100 million deal with FC Barcelona and owned stakes worth 24.5% in Barca Studios, the newly built content creation hub; thereby, becoming their strategic technology partner.
Barcelona was legally required to maintain stakes worth 51% in Barca Studios upon selling 49% share to Socios and Orpheus Media in a split-deal.
The strategic tech collaboration between Socios and Barcelona might surround the overall spectrum of Web3 experiences ranging from metaverse integrations to fan tokens and NFTs.
Dreyfus said that currently they are working behind the scenes and before the year end, nothing concrete will take place. Once the World Cup ends, they will plan on releasing new features.
He added that they will focus on providing more to the owners of fan tokens. Also, they will connect the players, figure out the assets to use in terms of NFTs and metaverse.
Dreyfus also shared that fan tokens are way more adaptable as well as utility-driven from Web3 point of view in terms of the sports industry as compared to NFTs. Hence, they didn’t run behind NFTs and remain with their product.
Fan Tokens > Sports NFTs (Fungible > Non Fungible).
— Alexandre Dreyfus (@alex_dreyfus) October 27, 2022
After spending a few days in NYC, and talking to team owners/industry stakeholders, I'm glad to see that they understand that Fan Tokens bring much more utility, liquidity, and scalability as a product than NFTs. $CHZ
Dreyfus mentioned that part of sporting fans has transformed from the time when supporters used to watch their favorite teams in the stadiums. Talking about the experience of today, it involves various sides to the digital landscape of social content and entertainment, wherein being a fan has turned more energetic and conceptual.
Adding on, Dreyfus said the fan token exists not only for the local fans but also for fans who are non-local which constitutes 99% fans who are not in the stadium.
