One live-streaming platform that allows people to become color commentators recently announced that the NFL Players Association (NFLPA) has acquired a minority stake in the company in order to power live, interactive video content for the fans.
The partnership will allow the active and former NFL players to use SportsCastr and provide live commentary across a range of professional as well as collegiate sports.
It all began in June for SportsCastr, when the startup announced FanChain as their own cryptocurrency developed for the multi-billion dollar sports industry. As such, FanChain allows SportsCastr users to earn tokens for participating on the platform. The tokens can be then used to unlock premium NFL player content (back-stage access etc.) as well as purchase sports tickets, merchandise and send virtual gifts to NFL players.
This will make SportsCastr an official licensee of the NFLPA in the mobile apps category and a web platform that is official and backed from the association to discuss a variety of sports topics, video streams, and chats.
Designed to give innovative early-stage companies the opportunity to make most of the NFLPA group player rights, SportsCastr with this becomes the eight active NFLPA partner secured through the OneTeamCollective licensure.
The Senior Manager of Business Development for NFL Players Inc., Ricky Medina, recently gave his thoughts on the partnership, stating:
“Athletes constantly explore ways to build their personal brands and creatively connect with their fans, and SportsCastr’s live-stream capabilities align perfectly with these goals. We look forward to working with the team at SportsCastr to deliver an exciting new way for fans to engage with their favorite athletes while watching the sports they love.”
From all of this, it is safe to say that another massive sports industry (NFL) is moving towards embracing the blockchain technology and all that it has to offer.
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“We describe an extension to Zether that can also hide the sender and receiver involved in a transaction among a group of users chosen by the sender. Though the overhead associated with anonymity scales linearly with the size of the group, no trusted set-up is needed and no changes to the underlying smart contract platform are required.”The report specifies that the Zether contract will never transfer funds without checking a transfer proof in order to prevent illegal transfers. This new design makes sure that the security of Zether depends on itself and not on third-parties or outside smart contracts. All of the privacy coins that provide users with a higher level of anonymity are still receiving mixed feelings from the community. For example, Charlie Lee declared he is focused on making Litecoin more fungible and private and to implement confidential transactions sometime in 2019.
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“We will never accept won or renminbi or francs or cryptocurrency, or any other currency. You have to relieve your debts to the state of Ohio with U.S. dollars. That’s what we’re currently accepting. This platform just allows for that exchange, basically before that debt is settled to the state of Ohio.”Sprague pointed out that the treasury is reviewing how the program can be expanded and they are looking into the potential risks that can come up by using this method of tax payments. Ohio is working hard to attract blockchain-related businesses to the state. The state has already passed a law allowing businesses to pay taxes in crypto but the State Treasurer Josh Mandel stated that the legislation ‘’pants a flag’’ in Ohio regarding cryptocurrency adoption. Two days ago, the County Auditors’ Association of Ohio announced the gathering of a group that will work to explore the benefits of blockchain in real estate and transfer of land titles.
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