Premier League football stars Shaun Wright Phillips, Jordan Stewart lead investment in The Sports Metaverse – Reuters Sports News

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The Sports Metaverse pioneers esports with virtual court sales, Metaverse personal training, sports betting and fan engagement



Published: Fri, May 27, 2022, 10:36 PM

Last update: Fri, May 27, 2022, 10:46 PM

The Sports Metaverse, the world’s first virtual world specifically focused on sports, has announced that former professional footballers Shaun Wright Phillips and Jordan Stewart have purchased land in the Sports Metaverse.

Shaun Wright Philips, who will use his land for events and to display his NFTs, said: “I’m really excited to be involved in the sports metaverse. It’s the new frontier in sports. The metaverse and owning a piece it’s about interaction and co-creation – watching live sports with friends around the world, hanging out with friends and buying and selling NFTs are some of the things I’m really looking forward to to do here.”

Investment in VR real estate in the metaverse has grown exponentially, with brands like Adidas and top influencers looking to establish themselves in the virtual world. In the metaverse where the possibilities are endless, investors see the potential to rent virtual space for parties with sports stars, private boxes to view sporting events in VR stadiums, or to offer space to key brands for sponsorship appearances. As a result, early investors are already making tenfold profits, millions of dollars. Yields are expected to continue to rise as Grayscale Research forecasts annual revenue for the metaverse at $1 trillion, including $400 billion from game worlds alone.

In addition to Shaun Wright Philips, Sports Metaverse announced that four companies have already pre-purchased land. They include Phat Fantasy, Own the Moment, ThriveFantasy, Press Sports, and Beyond The Game Network. Brands can apply for private sale here.

“Shaun and Jordan both played at the top of their profession, so it’s an honor to have these athletes join the Sports Metaverse. I still remember the goal Shaun scored against Manchester United in 2004, and Jordan had a great career here in the UK and in the US,” said Alexi Yovanoff, COO and co-founder of SportsIcon.

Shaun Wright Phillips is one of the best players of his generation, playing for England in the national team, and for Manchester City and Chelsea. Jordan Stewart had a successful career in England and the United States at clubs such as Leicester City and the San Jose Earthquakes.

The Sports Metaverse is a digital world dedicated solely to sports. It brings together the hottest sports stars, brands and clubs in one place. Sports Metaverse is built by SportsIcon and industry veterans from Sony, Doom, Playstation Home, and Nvidia. You can trade NFTs, buy land, interact with iconic sportspeople, and visit stadiums.

SportsIcon is backed by rapper-turned-investor Nas, Dapper Labs, Dapper Labs CEO Roham Gharegozlou, Youtube founder Chad Hurley, Hedera and Reserve founder Andrew Masanto, and ex-NBA star Andrew Bogut.

Besides Amanda Nunes and Romelu Lukaku, a range of sports stars and brands are lined up for The Sports Metaverse, with deals underway with top athletes from soccer, tennis, MMA, basketball and baseball. A public land sale for the Sports Metaverse will take place in June. — [email protected]

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