TopGoal, a blockchain-based football game centered around collecting and trading officially licensed football highlights, has announced a strategic partnership with Klaytn Foundation, a dominant metaverse blockchain ecosystem backed by Kakao Corp, one of the largest publicly traded technology companies in South Korea.
READ ALSO: Adidas Ventures NFT Partnership With Bored Ape Yacht Club, Punks Comic, and Gmoney
The partnership will see the expansion of the Klaytn metaverse into the exciting world of football, and provide new opportunities for fans to get even closer to the sport and players that they're passionate about.
The move is a continuation of TopGoal's efforts to explore potential partnership opportunities in the football industry across Asia, including famous footballers from Japan and South Korea. South Korea is one of the world's most active crypto markets, and the Klaytn partnership will open up that market to TopGoal. Teaming up will bring more exposure to both parties, and even more potential business collaborations could be in the works down the line.
As part of Klaytn's roadmap to become the blockchain of choice for the metaverse, the collaboration will help usher in more use cases in the area of sports entertainment, and guide the team in building the necessary infrastructure and support for the metaverse. TopGoal's multi-chain support of NFT assets based on sports IP, along with its Klaytn partnership, will help TopGoal build its sports metaverse for massive user adoption with Klaytn's blockchain ecosystem.
Football fans will have a number of new offerings to look forward to as a result of this partnership, including potential co-branded NFT products with football IPs from both Klaytn and TopGoal, which can be used across the Klaytn and TopGoal ecosystem.
TopGoal partners with famous football players, clubs, and institutions to create officially licensed, blockchain-backed NFT collectibles, which can be bought and traded so fans can build their ultimate fantasy squad, collect the greatest moments from their favorite players, and even play with the co-branded NFT cards on Klaytn in blockchain-empowered games in the TopGoal metaverse which adopts the latest play-to-earn economic model.
The surging popularity of NFTs has led to this entirely new play-to-earn gaming paradigm known as GameFi, which blurs the line between players and investors. Players can now earn tokens or NFTs for their gaming, which often have corresponding real-world value, and can also be used in-game to further increase their rarity or value, or help power a game's community.
As TopGoal builds up their metaverse with other industry partners across football and crypto, they have further expansion plans on the horizon. They are eyeing both online and offline use cases for co-branded football products, and could one day grow to become a SandBox-like platform for football fans - an immersive, interactive 3D rendered environment where users can watch football matches and interact with their favorite players in the metaverse. The possibilities are almost endless.
TopGoal's vision is to bridge the gap between crypto and sports. Combining sports NFTs with GameFi brings together digital collectibles with utility for massive user adoption. Sports fans have big appetites for traditional collectibles, and sports stars have significant influence through social media. Which is why gaming is the best monetization solution and use of sport IP empowered NFTs.
RELATED ARTICLE: Meta: Mark Zuckerberg Wants Help in Building the Metaverse with Networks Partnering with the Company
