10 August 2023

Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx

The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...

Manchester United And Tezos To Agree On A New Multi-year Sponsorship Deal For The Club’s Training Kit

Manchester United And Tezos are to agree a new multi-year sponsorship deal for the club’s training kit according to The Athletic, as the football club looks towards Web 3.0 and The Metaverse.

Manchester United And Tezos Are To Agree Sponsorship Deal According To The Athletic

Today, it was stated in an article by The Athletic that Manchester United and Tezos are to agree on a new multi-year sponsorship agreement for the club’s training kit.

Manchester United are considered to be the 4th most valuable football club in the world.

It would represent Manchester United’s first major incursion into the blockchain space as the club looks to maximize opportunities in Web 3.0, NFT and Metaverse arenas.

The deal would be thought to be worth in excess of £20 million per year.

Tezos has shown exceptional growth in recent months and now averages over 300,000 transactions per day (over 25% of Ethereum transactions) and over 6 million smart contract calls per month.

The Athletic stated:

“United have already shot promotional materials at the club’s training centre ahead of an announcement.”

Both parties are keen to further progress collaboration as Adam Crafton, a reporter at the Athletic stated: 

“…discussions involved exploring how the partnership can go beyond training kit and help to shape #mufc’s understanding and progress into the opportunities associated with the “metaverse and Web 3.0″.

Note: This is a developing story and XTZ News are in the process of reaching out to verify sources.

Upload Article

Complete the submission form, which includes fields for your name, contact information, a short author bio, and the title of your article. Submit your Word document as a word doc file. If you encounter any issues during the submission process, please contact our support team for assistance at [email protected]. We encourage all aspiring contributors to read and understand our submission guidelines and editorial policy before submitting.

Hidden
Hidden
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Banner Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: jpg, jpeg, png, Max. file size: 128 MB.
Image
Accepted file types: pdf, doc, docx, Max. file size: 128 MB.
Submit Article: Suitable Formats = PDF, WORD
By Uploading an article, you are accepting all to all copyright and information that is to the best of your knowledge true and accurate.
Agree(Required)

Other News

View More

Manchester United Announces Upcoming Launch of Player Trading Cards and Fantasy Football Game on Tezos

Manchester United as part of their CollectMUFC initiative has unveiled plans to enhance its digital offerings with the introduction of Player Trading Cards and Fantasy United, a new fantasy football game. This initiative, set to launch soon, is part of the club’s collaboration with Tezos.

Read More

Tezos X: A Vision for the Future of Blockchain

Today, Tezos X has been unveiled, presenting a forward-looking vision for Tezos that marks a significant evolution from its original design. According to the official blog, this vision addresses some of the most fundamental issues in the blockchain space, aiming to enhance usability and utility while maintaining the core properties of blockchain technology.

Read More

Werenode: Fusing Blockchain Brilliance with EV Charging Innovation

As electric vehicles (EVs) become more prevalent, Werenode is leading the charge by revolutionizing the EV charging infrastructure through blockchain technology. By leveraging Tezos and Binance blockchain technology, Werenode aims to simplify the EV charging process, ensuring secure, transparent, and immutable transactions. Their approach tackles key challenges in the industry, such as network fragmentation, interoperability, and complex payment systems.

Read More