German champions Bayern Munich have become the first soccer club to sign a licensing deal with blockchain-based digital collectibles platform Stryking Entertainment.
The deal will see the Animoca Brands subsidiary produce and distribute digital collectibles based on the Bundesliga outfit’s players, including the likes of Manuel Neuer, Robert Lewandowski and Philippe Coutinho.
The collectibles will be available as non-fungible tokens on (NFTs) Stryking’s new global platform, stryking.io, with the company promising more licensing partnerships with top sports clubs, leagues and other rights holders.
Stryking is also developing a fantasy sports element that will allow fans to use their digital collectibles in challenges against each other. Users will be able to create virtual line-ups with their player cards and compete against the line-ups of other users, with results calculated based on real-live results or historical data. The feature will enable users to increase the value of their player cards and sell them on.
Dirk Weyel, founder and chief executive of Stryking Entertainment, said: “In the upcoming weeks and months we will add more football licenses and other sports to the platform. Our vision is to build a truly global hub where sports fans meet to collect and trade as well as play with their digital collectibles.”
Bayern are the latest soccer club to join a digital collectibles platform. The likes of Spanish giants Real Madrid, Premier League side Arsenal and Borussia Dortmund, another Bundesliga outfit, are all featured on blockchain specialist Fantastec’s platform.
On the pitch, Bayern are third in the Bundesliga and travel to play Augsburg in their next fixture on 19th October.