Monday, August 20, 2018

National Football League Players Going Blockchain





This crypto-associated stuff is on everyone’s mind nowadays, and so we have the players’ union for the NFL joining up with a blockchain start-up that helps athletes license products upon a decentralized network. It’s another indication of the blockchain technology going mainstream, we’d argue — so let us see what this most recent deal is about.

National Football League Players on a Blockchain

The NFLPA encourages its members to offer livestreams, commentary, and additional content for the platform of FanChain, which enables them to earn money outside of the games they play. As a part of the deal, the National Football League Players Association acquired a minority stake within blockchain start-up SportsCastr -- the organization behind FanChain.

The said platform permits anyone to set streams up and offer commentary on games, and that is precisely what the National Football League Players Association hopes its members are going to do during live sporting events; in addition, players will have the ability to create additional content for all fans to enjoy.
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