The Sports Industry
Entertainment is more competitive than ever. Specifically, attention is more valuable and sports fans/consumers will require a higher level of interaction if they want to maintain market share.
Hosts C. Edward Kelso & Matt Aaron |
Listen here or on your favorite platform
About the Episode
Like many blockchain plays, sports startups could work, but will require a ton of serendipitous marketing.
If athletes are broadcasting games, they better be really into it and promoting it, because they are getting paid in these new tokens, so a lot depends on the market perception that these tokens hold value.
Interesting concepts that will be tough to turn into a sustainable, prosperous business.
We talk about:
- The blockchain project that the NFL Players Association invested in.
- The rise of e-sports
- Tokenizing athletes
- Gambling and it's fundamental importance to fan interaction
Mentioned in the episode:
SportsCastr
SportyCo
DreamTeam
About the Hosts
C. Edward KelsoC. Edward Kelso has written hundreds of articles as a journalist covering a range of topics from international finance, regulation, to cryptocurrency philosophy, interviews with luminaries, and book reviews. He is a longtime journalist focusing on financial technology, with a particular emphasis on global political structures and their influence. Being based in San Diego, California USA allows him to experience binational economic arrangements (Mexico and the United States mostly) alongside a local hub of technology sector businesses -- from genomics to mobile phones. |
Matt AaronMatt Aaron has been podcasting since 2013, when he launched the Food Startups Podcast. He recently found a second love in cryptocurrency and blockchain and hasn't looked back. His first major investment into cryptocurrency was the money he made betting on (but not voting for) that Donald Trump would win the 2016 election. Matt believes that public blockchains and cryptocurrencies are the solution to the many problems exposed of the current banking system in the 2008 financial crisis. |