SPORTFIVE partners with Polygon to build Web 3.0 experiences in sports

SNEAK PEEK

  • SPORTFIVE and Polygon have collaborated to bring blockchains into the sports world.
  • Polygon made the announcement via a blog post on its official website.
  • Both companies will work together to build Web 3.0 experiences for the sports ecosystem.

SPORTFIVE, a renowned sports entertainment agency has collaborated with Polygon to unlock the unimaginable potential of blockchain in the sports world.

The Polygon team announced the partnership on Tuesday via a detailed blog post on its official website. The blockchain network also announced the collaboration news on its Twitter post as well.

Polygon and SPORTFIVE will work hand-in-hand to build growth strategies for sports rights-holders and brands across a range of Web3 initiatives, including Metaverse, NFTs, DeFi, and DAOs.

Through this partnership, the company envisions building, educating, operating and designing interactive Web 3.0 experiences for sports brands. It will enable investors, sports entertainment agencies, and premium rights holders to utilize the advantages of blockchain technology in the sports ecosystem.

Robert Müller von Vultejus, Chief Growth Officer at SPORTFIVE said,

The Polygon network is one of the most successful technologies that is driving innovation and adoption in the Ethereum universe,… This is exactly the kind of vision we were looking for in a partner who could bring us the expertise we were seeking in terms of Web3.

Antoni Martin, Polygon Enterprise Lead, said,

SPORTFIVE’s presence in the Web3 space gives Polygon strategic connections to major sports brands and IP, enabling boundless opportunities for unique and powerful collaborations. We’re eager to accelerate the entry of sports brands and rights holders to the Web3 space with our blockchain solutions, and we look forward to working closely with SPORTFIVE going forward.

Polygon is a layer-2 scaling solution that enhances the scalability, transaction speed and overall efficiency of the Ethereum network.