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Investor's Crypto Daily > Blog > Headlines > Cryptocurrency News > Watch out for crypto projects as the NFL kicks off
Cryptocurrency News

Watch out for crypto projects as the NFL kicks off

Last updated: August 2, 2024 6:50 pm
By Troy Nilock 5 Min Read
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Your wait for football fans is nearly over. We’re not talking about soccer, but US football. Super Bowl is a high-octane, body-slamming spectacle that culminates with endzone chasing and high-octane action.

Contents
Make friends with NFL RivalsThe football prediction markets are ready to take the season by storm

True NFL fans are present from the beginning. The NFL is the flagship event that attracts casual and even die-hard football enthusiasts. Season officially begins on September 5.

The NFL’s season will begin when last year’s Super Bowl winners, the Kansas City Chiefs take on the Baltimore Ravens.

The NFL has become a global phenomenon. It is no longer limited to the US. In October, there will be three NFL matches in London. On September 6, the Philadelphia Eagles and Green Bay Packers will meet in Brazil.

The NFL’s savvy marketing has helped it become one of the best-known and most valuable sporting brands around the globe.

US Football has not only conquered continents, cities and the internet, it also dominated web3. The start of 2024-25 offers the crypto community multiple opportunities to profit and participate as the season unfolds.

Make friends with NFL Rivals

Fans of football don’t have to be content with just watching the NFL. They can participate by creating their own dream team and playing PvP games against each other.

This is the concept behind NFL Rivals. The mobile game from Mythical Games has been a huge success, with over 5,000,000 downloads, and Polkadot’s on-chain transaction numbers skyrocketing.

This game is free to download on Google Play or App Store. It challenges players to become the best football manager by combining team-building and strategic thinking.

NFL Rivals is a Web3 football game with an arcade-style gameplay that adds a layer of excitement. It transcends not just GameFi, but also football and attracts players who would never have tried a game in this genre.

NFL Rivals’s biggest strength is the fact that its players aren’t mercenaries trying to maximize their token reward in the discredited “play-to-earn” format. The players are playing the game because it’s fun. It’s important to note that shrewd gamers can still make money. NFL stars can be bought and sold on Mythical Marketplace with the MYTH Token.

MYTH has performed very well in this season, while Mythical Games is a studio that’s on the rise – they are currently working on the much-anticipated Pudgy Penguins video game. It may be wise for you to watch MYTH closely as the year unfolds.

The football prediction markets are ready to take the season by storm

There’s another way that crypto enthusiasts can benefit from the NFL Season, which begins September 5. They can use their understanding of the sport to gain an edge. The prediction markets are a global, accessible and fair way to wager on binary outcomes.

All bets or predictions placed onchain are easily viewed with full transparency provided by the blockchain and automated payouts through smart contracts.

Polymarket is the world’s most popular cryptocurrency prediction market. It currently has three NFL markets, and this number will likely increase with the approaching season.

You can predict the next NFL team that Bill Belichick manages. The septuagenarian is enjoying his media job and spending time with his girlfriend of 23 years, which makes it likely that he will manage no NFL team next year.

Polymarket also has a betting market for the Pittsburgh Steelers week 1 starter. It is currently strongly favouring Russell Wilson.

But the big prize is for those who can correctly predict which team will win in 2025. Already, $2.7M worth of bets have been placed on the result. The Chiefs and 49ers are the frontrunners.

The post Crypto Projects to Watch as NFL Season Kicks Off may change as the updates are made.

This site is for entertainment only. Click here to read more

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