What Importance Metaverse Holds For International Football?

As per a recent report issued by Yahoo Finance, the global sports industry is anticipated to mark $599.9 in the next three years.
The metaverse is now utilized to extend events past just live games to reward the fans. Athletes and fans can interact with each other in virtual rooms in the metaverse.
MetaSoccer is a latest crypto game, allowing the users to live what they always crave, power over the team.

Metaverse Contributing In Sports

Technology has not just offered its hands to revenue and telecommunications, but also to the athletic potential to intensify capabilities. Imagine the 3rd Umpire in cricket, VAR utilized in soccer, and many other technologies used in other sports.

Covid-19 pandemic made the folks realize the importance of technology, which allowed them to remain connected to the outside world while sitting inside their homes.

Sports clubs enabled the folks to interact through the metaverse and even became a helping hand by monetizing it for the fans.

Atlanta Braves, a baseball team based in the US, created an exact replica of their stadium Truist Park and utilized it to host virtual events.

Other instances of leveraging metaverse involves the concert hosted by Travis Scott in The Fortnite game, Manchester City working on a digital Etihad Stadium in metaverse, Pixel Arena by Google and NBA, a live streamed Italian Serie A on The Nemesis, a virtual world platform.

Let’s Talk About The Most Loved Sport: Football

There is a latest game in the play to earn sector called MetaSoccer, offering the fans a power they always crave.

How wonderful it will be when the players create their own teams in the football manager style game and literally own it, where folks can acquire or sell players to other teams, just like in the real world. And this can be accomplished via purchasing NFTs.

A fun fact here is that the folks will have a direct ownership in MetaSoccer, meaning, no one can take the owned NFTs away.

As the initial soccer metaverse based on blockchain, MetaSoccer allows the users to own and control their own team while generating yield in the game.

Each user playing MetaSoccer can actively take part in distinct ways and receive rewards for the contributions they make to the ecosystem.

Users can generate yield by winning matches, selling tickets, renting the stadium, giving the players out for loan, finishing among the top tiers of the league,, getting sponsorship, and through several other stuff.

Folks can make transactions via MetaSoccer Universe (MSU) Tokens, granting them the power to take part in decision making of the ecosystem.

While Web2 is trying to create disruptions, Web3 has taken the power away from the commanding organizations and dispersed it among the users — fans who make the clubs, and sportsmen — a huge success.

Users do not have to just sit and watch, they have the power and command over the activities and the narratives within the metaverse. Who wouldn’t want a piece of this pie?

Anurag Batham is working as a fundamental writer for The Coin Republic since 2021. He likes to exercise his curious muscles and research deep into a topic. Though he covers various aspects of the crypto industry, he is quite passionate about the Web3, NFTs, Gaming, and Metaverse, and envisions them as the future of the (digital) economy. A reader & writer at heart, he calls himself an “average guitar player” and a fun footballer.