Manchester City Teams Up with OKX to Build Metaverse for Fans

Exploring the Web3 space is the next step in the evolution of soccer.

Cartoon humans wearing OKX shirts celebrating.

One of the world’s most established soccer clubs, Manchester City, scored a deal with OKX, one of the world’s fastest-rising crypto exchanges. Moreover, the inaugural content will be provided in collaboration with four star players of the squad – Alex Greenwood, Ilkay Gündoğan, Jack Grealish, and Rúben Dias.

Fans to Connect with Players on OKX Collective

The OKX collective will feature a user-friendly interface where fans can buy NFTs, listen to a special playlist picked by the team, and access exclusive content, which is also customizable according to the chosen player’s style.

Here’s what Manchester City’s winger Jack Grealish had to say about the new partnership:

“Manchester City and OKX are both winners. Combining football and the metaverse brings fans closer to the action! I’ve had a lot of fun bringing my digital profile to life with the support of the Club and OKX.”

Soccer and Crypto: Friends with Benefits

Indeed, soccer and blockchain have made history together with Socios.com, providing a native cryptocurrency token for most of the top European football clubs. Following the news, the host of Socios.com Chiliz (CHZ) caught a bullish wave and increased 3.2% in the last hours, totaling a 12% daily increase.

Sponsored

At press time, the 63rd altcoin by market cap, Chiliz (CHZ), trades at  $0.147044, according to CoinGecko. The soccer crypto had a tremendous monthly rally with 44.2% gains but hasn’t restored the fundamental resistance line of $0.15. Interestingly, CHZ plunged throughout the whole FIFA World Cup ‘22, dropping as low as $0.099825 on December 30th, 2022.

On the Flipside

  • There is no official launch date for the Manchester City NFT marketplace or the OKX collective.

Why You Should Care

Grand View Research reported that the sports NFT market’s total market cap in 2035 can reach $211bn, one of the fastest-growing niche markets in the crypto sphere.

Read more about the latest NFT projects:

Sponsored

Web3 Startup Sorare Scores Mega Deal with the Premier League

Amazon Allegedly to Enter Crypto Market with NFT Initiative?

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Author
Tadas Klimasevskis

Tadas Klimaševskis is a Lithuanian journalist at DailyCoin, specializing in covering the lighter side of the crypto industry such as memecoins and pop culture in the metaverse. He has experience as a music artist, English language teacher, and freelance writer, and uses his creative writing skills to summarize valuable information in his work. He is also a strong believer in the potential of blockchain and spends his free time listening to music, traveling, and watching basketball games.