Since the invention of baseball, players’ appetite for memorabilia has evolved from a hobby for die-hard fans to a real asset class for serious collectors.
In recent years, the memorabilia business has expanded rapidly into the Metaverse with digital collectibles in the form of NFTs (non-fungible tokens). Since 2019, the meteoric growth of the total NFT market, which is a subset of the crypto ecosystem, has grown from almost nothing to more than $44 billion in 2021.
Deloitte Global predicts that NFTs for sports media will generate more than $2 billion in transactions in 2022, about double the number in 2021, and that by the end of 2022, 4-5 million sports fans worldwide will have an NFT sports bought a collector’s item or received it as a gift.
With this momentum, it’s no wonder that professional sports organizations like the MLB, NFL, NBA and NHL are enthusiastically embracing NFTs as next-generation collectibles.
Jeremy Booth, President and CEO of the Future Stars Series, is known for pushing the game of baseball and its amateur athletes into new territories through innovation. Recognizing the fortuitous timing of the NFT explosion, which coincided with the NCAA’s rule change allowing collegiate athletes and recruits to capitalize on their Name, Image, and Likeness (NIL), his team wasted no time in creating a groundbreaking Creating a platform to provide an entry point for amateur gamers to build their brands and connect with fans through the creation of digital assets.
Future Stars Series Digital is dedicated to helping gamers raise funds for their tuition through college scholarships through the Future Stars Series Foundation by adding value through digital branding of their likeness in a variety of ways.
In partnership with Unitos International USA, who launched MANAGERNFT Fantasy Sport Play to earn games on blockchain, Future Stars Series Digital has combined the most profitable NFT sectors of arts and gaming to create a fantasy league made up of Future Stars Series exists. Players earn money when fans purchase their NFT as a collector’s memorabilia.
In addition to fantasy baseball NFTs and premium collectible artwork, players can increase their popularity through the daily Future Stars Series digital podcasts, print media, and soft rankings, which collectively identify the top players in each senior year or pre-draft without one of them assigned number. Players are selected with future implications in mind, not just current numbers.
Booth, who is also President and CEO of the new digital platform, commented on the launch: “The creation of the Future Stars Series Digital has been in the works for quite some time. The how, the why, the when, and the what have been questions that have had to be answered over the past five years. We are beyond excited by the value this can bring to the partner organizations, the foundation and their scholarship programs for post high school students and the players themselves.”
The reputation the Future Stars Series has built for providing the most comprehensive amateur baseball player identification and development experiences available will no doubt follow the organization into the digital realm.
According to insiders, at least 30 former and current Future Stars Series players have already signed up during the pre-launch of the digital platform, with former MLB executives and broadcast staffers, as well as veteran sportswriters, expected to join the Future Stars Series digital podcast, rankings and print media team as well Growth and identification of player brands.
ABOUT THE FUTURE STARS SERIES:
The FUTURE STARS SERIES has a faculty and staff that includes several Major League All-Stars and World Series veterans who are responsible for running the New Balance Baseball Future Stars Series, an initiative between the two organizations to celebrate the game of baseball by providing amateur players from all sectors of the economy to improve levels an opportunity to reach their full potential through the training, development and mentoring of former MLB players, scouts and coaches.
For more information on the Future Stars Series, visit FutureStarsSeries.com
Follow @ftrstarsseries on Twitter.
Follow Future Stars Series Digital on Twitter @FSS_Digital and Instagram @fssdigital
Learn more about MANAGERNFT at https://managernft.io
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Name of the company: program 15
Interlocutor: Rachel Allen
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Country: United States