Fandom Sports Media just announced the successful minting of its first NFT for its esports rewards and betting program.
The new non-fungible tokens created by artist Daniel Mazzone are finally minted. Intended to pair with Fandom’s esports program, these tokens will help incentivize new users to join the platform. Contests and branded giveaways will go alongside these unique NFTs too.
Minting Fandom Sports’ NFT was successful as the proper trademarks were obtained. These include trademarks for the Fandom Sports brand logo and Fancoin around the world. China, Japan, South Korea, Taiwan, India, United Kingdom and Germany are the target markets for the Fandom Sports app. The company chose these nations after deciding that they’re the best regions where growth in esports occurs.
Fandom Sports Tokens
First announcing the company’s non-fungible tokens in January 2021, this news came soon after Fandom Sports revealed details about its new esports betting platform and app. The app is in private beta but may launch this year.
“We have accelerated our efforts to develop our rewards matrix,” David Vinokurov, Fandom Sports CEO and President states. “Recent hires haves furthered our initiatives by minting our first Fandom Sports NFT. Our team is working diligently to build out our rewards and NFT matrix to empower fans to get rewarded for their attention. Players will have the chance to own earned rewards to trade, sell and monetize their skills and time by unlocking digital assets in both free play, regulated wagering and our upcoming all ages platform.”
Adding Daniel Mazzone’s NFTs to Fandom Sports as a celebration of its esports betting and predictions platform is a major accomplishment and fans can’t wait for what’s next. Although Fandom Sports will privately store Daniel’s main NFT creation, the rest of their esports rewards will certainly make up for it.
Written by Justin Amin
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