30 May 2025, 00:10

Jack Mallers aims for Saylor’s crown with billion-dollar Bitcoin bet

At the Bitcoin 2025 conference in Las Vegas, Strike’s CEO, Jack Mallers, unveiled an ambitious strategy to rival Michael Saylor’s Bitcoin dominance. As the chief executive officer of one of the most talked-about ventures in digital assets — Twenty-One Capital Inc., Mallers aims to reshape corporate Bitcoin holdings and challenge Saylor’s firm, Strategy (formerly MicroStrategy), which currently holds over 580,000 BTC, valued at approximately $64 billion. Jack Mallers aims for Saylor’s crown with billion-dollar Bitcoin bet Twenty-One is supported by the investment bank Cantor Fitzgerald LP, stablecoin powerhouse Tether Holdings SA, and the Japanese investment firm SoftBank Group. The company is not simply following the ever-expanding list of businesses chasing after the opportunity to imitate Strategy , Michael Saylor’s software firm that has been transformed into a leveraged proxy for Bitcoin — it is trying to beat it. Twenty-One Capital, backed by notable entities including Tether and Cantor Fitzgerald, recently disclosed a $458 million Bitcoin acquisition. The firm plans to publish its Bitcoin addresses to verify its reserves, emphasizing transparency in its operations. In contrast, Michael Saylor’s Strategy continues its aggressive Bitcoin accumulation, recently purchasing an additional 4,020 BTC, bringing its total holdings to over 580,000 BTC. Mallers envisions Twenty-One Capital acquiring up to 5% of Bitcoin’s total supply, approximately 1 million BTC, signaling a bold ambition to rival Saylor. Many people outside the crypto community have recognized Jack Mallers mostly for being emotional in 2021 when he announced that Bitcoin would become legal tender in El Salvador at the biggest conference in Miami. How Mallers ended up as the leader of Twenty One may be as interesting as Mallers’s story about turning El Salvador’s President Nayib Bukele onto Bitcoin. Mallers narrates his journey to explore Bitcoin Mallers explained that his path to Twenty-One went through Tether Holdings SA CEO Paolo Ardoino, who has known Mallers since his early days in Bitcoin. Mallers began revealing his exploration of Bitcoin. He explained that he grew up in and around traditional finance and was first exposed to Bitcoin in 2013 when his father co-founded and sold a discount futures brokerage. Apart from his father, his stepmother is deep in the crypto world, known as BitcoinMom on X. Mallers dropped out of college and founded Zap Solutions Inc., Strike’s parent company, when he was 23. Mallers also revealed that Tether’s sister company, Bitfinex, was the first major exchange to implement the Lightning Network. He continued by saying that he was one of the most vocal early developers of the Lightning Network, referring to the Bitcoin payment protocol. “And so Paolo and I would talk, and that was à la 2017,” the CEO of Strike concluded. In the meantime, Tether was establishing a deeper relationship with Cantor Fitzgerald, the investment bank that US Secretary of Commerce Howard Lutnick led before he was recruited to work as part of President Donald Trump’s executive staff. Cantor helps oversee Tether’s reserves and holds a convertible bond with the largest Stablecoin operator. Lutnick has helped transform Tether, a firm formerly eyed with suspicion by Washington, into an unlikely ally of the president. Due to Cantor’s ties with Trump, Mallers mentioned that Tether is the only link between him and the bank and Lutnick, whose son Brandon currently manages the company. He admitted that he did not know Brandon well, but he was his banker. Crypto investors prefer Mallers to Saylor as a perfect choice for Twenty-One Mallers and Tether crossed each other’s paths over the years, including overlapping in El Salvador, where Strike and Tether now have headquarters. When Mallers launched Strike in El Salvador in 2021, it became the most downloaded app in the country. Strike first relied on Tether’s USDT stablecoin as a substitute for the dollar, but it quickly dumped USDT in favor of partnerships with banks in El Salvador. In 2023, Strike started adding Tether again to its platform. However, it was not until the end of last year when the concept for Twenty- One began to take shape, Mallers said. Mallers remembers meeting Tether and their team in November at a Plan B Forum, a conference co-hosted by the Swiss city of Lugano and Tether. “We had a smart conversation about the direction of the world, their plans, and my plans,” Mallers said. For many people, Mallers is an appealing choice to lead Twenty-One because he is so frank about his defense of Bitcoin. Whereas Saylor frequently appears as a serious businessperson, Mallers comes across with the “crypto bro” appeal that is quite attractive to retail crypto investors. Additionally, Mallers, like many online influencers, is active on his YouTube channel, where he uploads videos and hosts a weekly podcast about Bitcoin and the financial systems called The Jack Mallers Show. Mark Palmer, a senior analyst for fintech and digital assets at Benchmark, also stated that although Michael Saylor’s role as a promoter of Strategy and Bitcoin had been incredibly helpful, Jack Mallers, who is a charming person and famous in the crypto world, is a great choice to promote both Twenty-One Capital and Bitcoin. Cryptopolitan Academy: Coming Soon - A New Way to Earn Passive Income with DeFi in 2025. Learn More

30 May 2025, 00:00

AI Licensing Deal: NYT and Amazon Forge Landmark Agreement

BitcoinWorld AI Licensing Deal: NYT and Amazon Forge Landmark Agreement In a significant development impacting both the media landscape and the rapidly evolving field of artificial intelligence, The New York Times has entered into an AI licensing deal with Amazon. This agreement allows the tech giant to use The Times’s extensive editorial archives to train its various AI platforms. This move comes less than two years after The New York Times initiated a lawsuit against OpenAI and Microsoft, alleging copyright infringement over the use of its content for AI training without proper authorization or compensation. What Does the Amazon AI Deal Involve? The core of this agreement is the licensing of The New York Times’s diverse editorial content to Amazon. According to statements from The Times, this includes a broad spectrum of material designed to enhance Amazon’s customer experiences powered by AI. Key aspects of the deal include: Access to news articles published by The New York Times. Inclusion of content from NYT Cooking, the outlet’s popular food and recipe site. Utilization of material from The Athletic, The Times’s sports-focused publication. Potential integration of this content into Amazon’s Alexa software, suggesting AI-driven interactions could leverage Times information. While the specific financial terms of this Amazon AI content licensing agreement have not been publicly disclosed, it marks a notable first for both parties involved. For Amazon, it represents their initial foray into securing such a large-scale content licensing deal specifically for AI training purposes. For The New York Times, it’s their first official generative AI-focused licensing agreement, signaling a strategic shift towards potentially collaborating with AI developers under controlled terms. Why Did The New York Times Pursue an AI Licensing Deal Now? The context of this deal is crucial. In late 2023, The New York Times filed a lawsuit against OpenAI and Microsoft. The suit claimed that these companies used millions of articles published by The Times to train their AI models, including large language models central to Generative AI applications, without obtaining consent or providing compensation. Both OpenAI and Microsoft have disputed these allegations. This legal action highlighted the complex and often contentious relationship between content creators and AI developers regarding the use of copyrighted material for training data. The decision by New York Times AI strategy to pivot from litigation against some AI companies to a licensing partnership with another like Amazon suggests a potential path forward for publishers seeking to monetize their archives in the age of AI. Unlike OpenAI, which has reportedly signed numerous similar licensing deals with various publishers globally (including The Washington Post, The Atlantic, The Guardian, NewsCorp, and Axel Springer), Amazon’s deal with The Times appears to be a foundational step in its content acquisition strategy for AI development. Implications of Licensing Media Content for AI Training Deals like this Media Content licensing agreement between The New York Times and Amazon raise important questions about the future of journalism, AI development, and copyright in the digital age. Publishers face the challenge of protecting their intellectual property while also exploring new revenue streams and adapting to technological shifts. Potential Benefits: Revenue for Publishers: Licensing provides a potential new income source for media organizations whose traditional models are under pressure. Improved AI Models: Access to high-quality, verified journalistic content can theoretically lead to more accurate, reliable, and nuanced AI models. Controlled Use: Licensing agreements can provide publishers with more control over how their content is used by AI companies compared to unauthorized scraping. Potential Challenges: Undisclosed Terms: The lack of transparency in deal terms makes it difficult to assess the true value exchanged and set precedents for future agreements. Impact on Traffic: If AI models directly answer user queries using licensed content, it could potentially reduce direct traffic to publisher websites. Defining Fair Use: The legal battles and licensing deals are part of a larger effort to define what constitutes fair use of copyrighted material in the context of AI training. This agreement between The New York Times and Amazon is more than just a business transaction; it’s a significant indicator of how major content creators and technology platforms are navigating the complex intersection of copyright law and artificial intelligence capabilities. As AI models become more sophisticated, the value and necessity of high-quality, verified human-created content for their training becomes increasingly apparent, making these licensing deals a critical trend to watch. To learn more about the latest AI licensing deal trends, explore our article on key developments shaping Generative AI features. This post AI Licensing Deal: NYT and Amazon Forge Landmark Agreement first appeared on BitcoinWorld and is written by Editorial Team

29 May 2025, 23:55

Crypto Market Cap Explodes Past $3.5T Driven by Institutional Demand

BitcoinWorld Crypto Market Cap Explodes Past $3.5T Driven by Institutional Demand Get ready for some significant news from the world of digital assets! The global crypto market cap has recently soared past an incredible milestone, exceeding $3.5 trillion. This isn’t just a number; it reflects a massive influx of capital and growing confidence in the digital asset space. What’s behind this surge? According to the on-chain analytics experts at Sentora (formerly known as IntoTheBlock), a major catalyst is the increasing institutional demand . What’s Fueling the Crypto Market Cap Surge? The headline figure of the crypto market cap crossing the $3.5 trillion threshold is certainly attention-grabbing. Sentora’s report highlights that while the entire ecosystem is contributing, the primary engine driving this recent growth is the significant interest and investment coming from large institutions. Bitcoin’s Role: A large part of this institutional focus is centered around Bitcoin . With the advent of regulated investment products like spot Bitcoin ETFs in various jurisdictions, traditional finance players now have easier, more familiar avenues to gain exposure to the leading cryptocurrency. Capital Influx: Institutions manage vast sums of capital. Even a small allocation from a large pension fund, hedge fund, or corporate treasury can represent hundreds of millions or even billions of dollars flowing into the market, disproportionately impacting the overall crypto market cap . Validation and Confidence: Institutional involvement often lends an air of legitimacy and maturity to an asset class. Their participation signals to other large players, and even sophisticated retail investors, that the market is becoming more established and less speculative than in its earlier days. Beyond Bitcoin: Strength in the Broader Ecosystem While Bitcoin might be leading the charge in terms of institutional flows, Sentora’s data reveals that the health of the crypto ecosystem extends far beyond just the king coin. The broader landscape is showing robust signs of recovery and growth, indicating increasing utility and adoption. DeFi’s Rebound: Decentralized Finance ( DeFi ) is seeing a significant resurgence. Sentora noted that DeFi loan books have rebounded to an impressive $30 billion. This metric is a key indicator of activity and confidence within decentralized lending, borrowing, and trading protocols. The recovery here suggests users are actively engaging with decentralized applications again after previous market downturns. Stablecoins’ Steadfast Growth: Stablecoins , digital currencies pegged to stable assets like the US dollar, have also seen remarkable growth. Sentora’s report points out a substantial 56% increase in their capitalization over the past year. This growth is crucial as stablecoins act as the primary medium of exchange within the crypto ecosystem, facilitating trading, lending, and payments without needing to constantly convert back to fiat currency. Their expanding market cap reflects increased activity and liquidity across the entire space. How is Regulation Shaping the Future? The evolving regulatory landscape in the United States is playing an increasingly important role in the crypto narrative, particularly concerning DeFi and stablecoins . Sentora highlighted that guidance and potential regulations from key bodies like the U.S. Securities and Exchange Commission (SEC) and the U.S. Commodity Futures Trading Commission (CFTC) are poised to significantly shape the future trajectory of these sectors. Clarity for Institutions: Regulatory clarity is often cited as a major hurdle for institutions considering deeper involvement in crypto. Clear rules around classification (is an asset a security or a commodity?), trading, and custody can provide the certainty large compliance departments require. Defining DeFi: Regulators are grappling with how to oversee decentralized protocols. Future guidance could impact how DeFi operates, potentially affecting everything from user interfaces to the underlying smart contracts. While some fear over-regulation, clear guidelines could also legitimize certain activities and attract more mainstream users and capital. Stablecoin Frameworks: Given their role in facilitating transactions and their potential to scale, stablecoins are under intense scrutiny. Proposed regulations aim to ensure their stability and prevent their use in illicit activities. A robust regulatory framework for stablecoins could pave the way for their wider adoption in payments and traditional finance. While regulatory developments can introduce uncertainty in the short term, many market participants view thoughtful regulation as a necessary step towards the long-term maturity and sustainability of the digital asset market. Benefits and Challenges of Increased Institutional Adoption The surge in institutional demand bringing the crypto market cap to new heights comes with both significant benefits and potential challenges: Benefits: Increased Liquidity: More institutional capital means deeper markets, making it easier to buy and sell assets without causing significant price swings. Reduced Volatility: Institutional trading strategies are often less emotional and short-term focused than retail, potentially leading to more stable market movements over time. Enhanced Legitimacy: Their participation validates crypto as a serious asset class, attracting further investment and talent. Infrastructure Development: Institutions require sophisticated tools and services, driving innovation in custody, trading platforms, and data analytics. Challenges: Centralization Concerns: Large pools of institutional capital could potentially lead to greater centralization of power and influence within certain protocols or assets. Market Manipulation Risks: While regulations aim to prevent this, large players could potentially exert undue influence on market prices. Regulatory Hurdles: The very regulations designed to attract institutions can also impose restrictions that impact the decentralized nature of some crypto projects, particularly in DeFi . Correlation with Traditional Markets: Increased institutional involvement could lead to crypto markets becoming more correlated with traditional finance, potentially reducing its diversification benefits. Actionable Insights for the Crypto Enthusiast What does this mean for you, the individual interested in or invested in crypto? The market reaching a $3.5 trillion crypto market cap driven by institutional demand is a strong signal of maturation. It suggests that digital assets are increasingly being viewed not just as speculative bets, but as legitimate components of global financial portfolios. Keep an eye on how regulatory discussions progress, as they will significantly impact the operational landscape for DeFi and stablecoins . Understanding the difference between assets primarily driven by retail vs. those attracting institutional interest (like Bitcoin ) can also be key to navigating market dynamics. Conclusion: A New Era for Digital Assets? Sentora’s latest data paints a clear picture: the crypto market is experiencing a period of significant growth, propelled by the increasing appetite from institutional investors, particularly for Bitcoin . This influx of sophisticated capital, coupled with the robust recovery seen in sectors like DeFi and the expanding utility of stablecoins , underscores the ecosystem’s resilience and evolving nature. As regulatory frameworks begin to solidify, they promise to further shape this burgeoning market. The journey to $3.5 trillion is a testament to the growing acceptance and integration of digital assets into the global financial fabric, potentially ushering in a new era for crypto. To learn more about the latest crypto market trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Crypto Market Cap Explodes Past $3.5T Driven by Institutional Demand first appeared on BitcoinWorld and is written by Editorial Team

29 May 2025, 23:35

XRP Gains Nasdaq Traction as Vivopower Launches Saudi-Backed XRP Treasury Plan

XRP storms into institutional finance as Vivopower launches a strategic XRP treasury play, deploying $121 million to anchor XRPL growth with Saudi-backed momentum. Nasdaq-Listed Vivopower Ignites XRP Treasury Strategy Backed by Saudi Royalty Vivopower International PLC (Nasdaq: VVPR) announced on May 28 that it is pioneering a groundbreaking initiative to establish the world’s first publicly

29 May 2025, 23:30

Ambitious Bitcoin Accumulation: Smarter Web Company Boosts Holdings in Bold 10-Year Plan

BitcoinWorld Ambitious Bitcoin Accumulation: Smarter Web Company Boosts Holdings in Bold 10-Year Plan In a move signaling strong conviction in the future of digital assets, UK-based web development firm The Smarter Web Company (SWC) recently announced a significant addition to its Bitcoin reserves. This purchase is not a one-off event but a deliberate step within their ambitious, decade-long strategy known as “The 10 Year Plan.” The company now proudly holds 83.24 BTC, reinforcing its position among businesses embracing Bitcoin accumulation as a core part of their financial strategy. Who is Smarter Web Company and What is Their Bold Plan? The Smarter Web Company, primarily known for its web development services, has publicly committed to a long-term Bitcoin investment strategy. Announcing their latest purchase via social media, SWC highlighted that this action is integral to their overarching digital asset roadmap. ‘The 10 Year Plan’ suggests a systematic approach to acquiring Bitcoin over an extended period, potentially employing strategies like dollar-cost averaging to mitigate volatility and build a substantial treasury position. This kind of public commitment from a company, even one outside the traditional financial sector, underscores a growing trend: businesses are increasingly looking at Bitcoin not just as a speculative asset, but as a legitimate component of their long-term financial health and strategy. SWC’s transparency about their holdings and plan is noteworthy in this evolving landscape. The Rising Trend of Corporate Bitcoin Holdings The concept of Corporate Bitcoin holdings gained significant traction following pioneering moves by companies like MicroStrategy. These early adopters paved the way, demonstrating that it’s feasible for publicly traded (and private) companies to allocate significant portions of their treasury reserves to Bitcoin. The motivations behind this trend are varied but often include: Inflation Hedge: Protecting corporate value against the devaluation of fiat currencies. Store of Value: Viewing Bitcoin as ‘digital gold,’ a scarce asset with potential for long-term appreciation. Balance Sheet Enhancement: Potential for significant returns on treasury assets that would otherwise yield minimal interest. Industry Leadership: Positioning the company at the forefront of digital asset adoption and innovation. While SWC’s holding of 83.24 BTC is modest compared to giants like MicroStrategy (which holds over 200,000 BTC), it represents a significant commitment for a company of its likely size. Every company adding Bitcoin to its balance sheet, regardless of scale, contributes to the broader narrative of institutional and corporate adoption. Decoding the Long-Term Bitcoin Plan What does a ’10 Year Plan’ for Bitcoin accumulation truly entail? Such a strategy typically implies a commitment to ride out the notorious volatility of the cryptocurrency market. Instead of trying to time the market highs and lows, a long-term approach often involves scheduled, regular purchases of Bitcoin. This Long-term Bitcoin plan can smooth out the average purchase price over time. Key aspects of a long-term accumulation plan like SWC’s might include: Defined Purchase Schedule: Buying a fixed amount of Bitcoin at regular intervals (e.g., weekly, monthly). Clear Allocation Percentage: Setting a target percentage of the company’s treasury or profits to be allocated to Bitcoin. Custody Solutions: Implementing secure methods for storing the accumulated Bitcoin (e.g., cold storage, reputable custodians). Accounting and Reporting: Establishing clear processes for accounting for Bitcoin holdings according to relevant standards. Communication: Being transparent with stakeholders (investors, employees) about the strategy and its rationale. This patient, strategic approach contrasts sharply with short-term trading and reflects a deep-seated belief in Bitcoin’s potential to increase in value significantly over the coming decade. Benefits and Challenges of Corporate Bitcoin Investment Strategy Adopting a Bitcoin investment strategy offers compelling potential benefits but also comes with notable challenges. Potential Benefits: Potential for Significant Growth: Bitcoin has historically outperformed many traditional assets over long periods. Diversification: Adding a non-correlated asset (at least historically) to the corporate treasury. Attracting Talent and Investors: Positioning the company as forward-thinking and innovative in the digital age. Inflation Protection: A hedge against the decreasing purchasing power of fiat currencies. Key Challenges: Price Volatility: Bitcoin’s price can experience dramatic swings, impacting the reported value of treasury holdings. Regulatory Uncertainty: The regulatory landscape for cryptocurrencies is still evolving in many jurisdictions. Security Risks: Protecting private keys from theft or loss requires robust security protocols. Accounting Complexity: Accounting for Bitcoin holdings can be complex under current rules (often treated as intangible assets subject to impairment). Public Perception: Some stakeholders may remain skeptical or critical of cryptocurrency investments. SWC’s commitment to a 10-year plan suggests they are prepared to navigate these challenges, focusing on the long-term potential rather than short-term fluctuations. Actionable Insights from SWC’s Move What can other businesses and even individual investors learn from Smarter Web Company’s decision to pursue Bitcoin accumulation over a decade? Think Long-Term: Short-term trading is risky. A long-term perspective aligns better with Bitcoin’s historical cycles and potential as a store of value. Strategy is Key: Don’t just buy Bitcoin impulsively. Develop a clear strategy (like SWC’s 10 Year Plan) outlining *why*, *how much*, and *how often* you plan to acquire. Understand the Risks: Be fully aware of the volatility, security requirements, and regulatory landscape. Start Small (if needed): You don’t need to allocate a massive amount initially. A consistent, smaller allocation over time can be effective. Secure Your Assets: Prioritize secure storage solutions from day one. SWC’s approach serves as a case study for how even non-financial companies are integrating digital assets into their core financial planning. Conclusion: A Decade of Digital Ambition The Smarter Web Company’s decision to increase its Corporate Bitcoin holdings to 83.24 BTC under the umbrella of ‘The 10 Year Plan’ is more than just a balance sheet update; it’s a statement of long-term vision. It highlights a growing confidence among diverse businesses in Bitcoin’s role as a future store of value and a hedge against economic uncertainty. While challenges exist, SWC’s commitment to a systematic, decade-long Long-term Bitcoin plan reflects a sophisticated understanding of the asset’s potential and the strategy required to harness it effectively. As more companies follow suit, the integration of digital assets into traditional finance and corporate strategy will only deepen, marking an exciting phase in the evolution of global economics. To learn more about the latest Bitcoin trends, explore our article on key developments shaping Bitcoin institutional adoption. This post Ambitious Bitcoin Accumulation: Smarter Web Company Boosts Holdings in Bold 10-Year Plan first appeared on BitcoinWorld and is written by Editorial Team

29 May 2025, 23:25

How Hacking Paris is Innovating Sports Fandom with Blockchain

As each year goes by, the global sports industry edges closer to being worth one trillion dollars. For a long time, fandom and engagement were mostly conducted in the pub and the stadium where our team was playing in. But, in 2025, traditional models and their unidirectional communication are becoming insufficient in the digital world, and this change began with social media. Blockchain technology suggests we can take this a step further. As a decentralized alternative, and like many industries it graces, it offers a new way to create fan interactions. The upcoming Hacking Pairs event offers a glimpse into how this may be possible. What is "Hacking Paris"? A deep dive into the Chiliz hackathon Hacking Paris is the official Chiliz Hackathon. Essentially, it’s an intensive and forward-thinking event hosted at Parc des Princes, which is the esteemed home of Paris Saint-Germain. It’s a coming together of not just sports and technology, but decentralized innovation. Its mission is to accelerate the adoption and sophisticated development of blockchain technology within the sports and entertainment verticals. The Chiliz Chain infrastructure is sport-specific by design, and the event will be centered around coding and development within this. The event is bringing in some big industry names, along with an international cohort of developers, UX/UI designers, blockchain strategists and, of course, sports aficionados. In the PSG stadium of all places, they will be competing for a $150,000 prize pool and the opportunity to shape the future of fan engagement. Blockchain's playbook: Key innovation tracks at Hacking Paris The Hacking Paris agenda is all about exploiting blockchain's full potential in sports. A primary focus is on "Fan Token Utility Reinvented," and this is where participants will explore new applications that go well beyond the current voting and reward systems that we have. They will aim for authentic engagement and tangible value. Socios.com, which is powered by Chiliz, has already shown the market appetite, with Paris Saint-Germain Fan Tokens achieving over $121 million trading volume in just 24 hours. Another area of focus is going to be "Digital Merchandise & Collectibles". This is, as you may have already guessed, the use of NFTs to create unique and verifiable digital assets that will help deepen fan ownership. After all, fans no longer want to be observers, but participants, and have some stake in what they care about. Solutions for "Elevating the Stadium Experience" through blockchain integrations will be one to keep an eye on, as they’re all about improving immersion. While we don’t know what innovations will be created, it may look something like predicting the next events during a game, in real-time, to earn points. Pooling together this fan sentiment could also be of interest, or perhaps issuing NFTs for being there, in person, to experience certain big events (a little bit like a company paying dividends out of its profits). "Decentralized Fan Governance" will further explore these kinds of themes, particularly with many British football fans looking to German fan ownership models and how successful they are. The blockchain, after all, could be an efficient way of organising this. The impact: Redefining fan engagement and loyalty Blockchain's integration into sports fandom is all about bringing the fan and their club or team closer together. It’s championed by initiatives like Hacking Paris, but has a broader appeal that feels inevitable to redefine engagement and loyalty. The real difference from real fans might be felt in going from passively watching to active participation. As fans get a taste for more involvement, it’s likely the appetite will grow, and it could be a more equitable way of rewarding those who are the most loyal supporters. For the sports teams and clubs, they have an interest in gamifying this engagement, of course, as it’s this very loyalty and spectating figures that are their revenue. The traditional model is a one-way support, but blockchain governance models could create a more symbiotic relationship. Projections in this are a CAGR of over 15% between 2025 and 2035. Of course, this is in part driven by an appetite from Gen Z and Millennials. "Hacking Paris" and the future of sports The innovations that will come out of "Hacking Paris" are yet to be seen, but its very prize pool (and the spectacle of being in PSG’s stadium) is a showcase of how to attract eyes and innovation. PSG themselves will be keeping an eye on developments, of course, and the many success stories that come from these Chiliz-led events. What we do know is that both blockchain and sports are on the same path of aligned growth, and that Gen-Z, while having many different habits from older generations, are very much interested in sports. The blockchain-powered fandom revolution is here A few years ago, blockchain technology and sports fandom seemed like worlds apart. In 2025, they appear to be a recipe for success, though we are yet to fully gauge what the real-world adoption will be from such innovation. But with young generations more interested in digital ownership over assets, along with the digitisation of sports viewing, the environment is there for some radical changes in how sports teams interact and reward their loyal supporters. Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.