Sports NFT Platform Stakes raises $5.3 mln for 'digital bragging …

Image: Shutterstock. Stakes, a New York-based NFT platform for sports wagering fans, has raised $5.3 million in seed funding from DCG (Digital Currency Group), CMS Holdings, LD …

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Sports NFT Platform Stakes Raises $5.3 Mln For 'digital Bragging …

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Image: Shutterstock. Stakes, a New York-based NFT platform for sports wagering fans, has raised $5.3 million in seed funding from DCG (Digital Currency Group), CMS Holdings, LD …

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Stakes Raises $5.3 Million In Seed Funding - Iac.com

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Stakes (STKS Inc.) is a technology company based in New York, NY. Launched from IAC's Newco incubator platform in January 2022, our mission is to bring people together through …

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Sports NFT Platform Stakes Raises $5.3M For ‘Digital Bragging …

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May 4, 2022 · The platform lets users bet against each other’s sports picks, with winners minting their takes as NFTs.

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NFT Sports Betting App Pulls In $5.3M, Adds Former NBA VP To …

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May 3, 2022 · Stakes, a new and local sports wagering app with a twist, announced on Tuesday it raised $5.3 million in seed funding to grow its user base and hire. The platform is competing …

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Stakes Raises $5.3M In Seed Funding - FinSMEs

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May 3, 2022 · Stakes, a NYC-based social wagering platform offering a new web3 experience for sports fans,raised $5.3m in seed funding.. Backers included Digital Currency Group, FBG …

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Stakes: Raises $5.3M In Seed Funding

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May 7, 2022 · Stakes Raises $5.3M in Seed Funding. Stakes, a NYC-based social wagering platform offering a new web3 experience for sports fans,raised $5.3m in seed funding; …

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Sports NFT Platform Stakes Raises $5.3M For ‘Digital Bragging …

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The platform lets users bet against each other’s sports picks, with winners minting their takes as NFTs. ... NFT Glossary About us Advertise with Us. Close X. Share Table of Contents Sports …

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Stakes Raises $5.3M For NFTs For Sports Wagering Fans

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New ...

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Stakes Raises $5.3M For Its Friendly Sports Wagering Platform …

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May 10, 2022 · Since mobile sports betting was introduced in New York the last weekend in January, more than $6B has been wagered. While this has been an outlet for avid sports …

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Sports NFT Platform Stakes Raises $5.3M For ‘Digital Bragging …

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May 4, 2022 · Sports NFT Platform Stakes Raises .3M for ‘Digital Bragging Rights’ The platform lets users bet against each other’s sports picks, with winners minting their takes as NFTs. …

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Sports NFT Platform Stakes Raises $5.3M For ‘Digital Bragging …

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Sports NFT Platform Stakes Raises $5.3M for ‘Digital Bragging Rights’⁣ #sportsnft #stakes #raises #braggingrights #nftplatform https://ayr.app/l/MRNn

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Stakes Raises $5.3 Million In Seed Funding - Martech360

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Sep 2, 2022 · Stakes, a social wagering platform offering a new web3 experience for sports fans, announced it raised $5.3 million in seed funding from Digital Currency Group, FBG Capital, …

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FAQs about Sports NFT Platform Stakes raises $5.3 mln for 'digital bragging … Coupon?

Can NFTS transform sports marketing?

Despite their potential to transform sports marketing, NFTs are still relatively nascent in an old-fashioned marketplace. Take football, or soccer, for example. The world’s most popular sport increasingly brings together diverse crowds, particularly in the European game – young and old, men and women, gay and straight. ...

Could NFTS become the digital equivalent of baseball cards?

According to the authors of a Deloitte analysis of NFT’s prospective role in sports merchandising, NFTs could become the digital equivalent of baseball cards – which, because of their scarcity, often sell for high sums. ...

Will sports drive NFT adoption?

But, perhaps recognising that sports will play the bigger role in driving NFT adoption, many crypto firms have been utilising celebrity endorsements. ...

Why are NFTS so popular in sports merchandising?

This scarcity can be replicated in NFTs, making them seem desirable and collectible; and giving fans the opportunity to acquire, not just view, officially licensed media belonging to their favourite sports teams – although Deloitte says that, to date, many of the NFTs used in sports merchandising have not involved ownership of the underlying media. ...

Are NFTS a good idea?

Domenico Novella, Global Commercial Director at Entourage Sport & Entertainment, accepts that they are relatively immature as a proposition: “NFTs come with compelling narratives that can not only bring commercial value but create communities or offer long-term perks,” he tells FinTech Magazine. ...

Are NFTS a viable option for rights holders?

“The potential of NFTs lies in attracting rights holders who recognise the opportunities they offer,” Novella continues. “However, the viability of NFTs for rights holders may depend on existing long-term contracts with providers or suppliers, making it challenging to transition. ...