Animoca Brands Corporation Ltd subsidiary Sportspass has entered into a strategic partnership with Euroleague Basketball in the hope of redefining fan engagement in the sports industry.
Captivating Gen Z
It is hoped the collaboration will enhance Euroleague Basketball's gamification strategy by integrating the cutting-edge Sportspass fan engagement and gaming platform.
The partnership aims to develop a Euroleague-themed gaming platform tailored to captivate the Gen Z demographic by merging the dynamic world of sports with immersive digital experiences.
This platform will offer an array of game experiences, rewards and in-game collectables, creating a unique blend of sports culture and digital interaction.
Animoca Brands brings to the table an extensive portfolio of more than 400 investments in Web3 projects.
The initiative underscores Euroleague Basketball's commitment to gamification as a core element of its digital strategy, a domain where it has already seen exponential growth.
Triple-digit year-on-year increase
In 2023, the league's fantasy games portfolio witnessed a triple-digit year-on-year increase, engaging a community of 4.3 million fans.
Euroleague Basketball Marketing and Communication senior director Alex Ferrer Kristjansson said: "We are delighted to join forces with Web3 leaders Sportspass to expand our gamification offering.
“The digital ecosystem is key to expanding the EuroLeague brand and offers new ways for young fans to interact with the league.
“This collaboration marks an important step in growing our portfolio of gaming opportunities for fans to engage with the EuroLeague in different, innovative ways.”
Sportspass CEO Jordan Fogarty added: "Sportspass is the result of years of innovation in technology, gaming and sports, placing the fan squarely at the core of our offerings.
“With a plethora of digital experiences, including gaming, rewards and competitions, we are confident that EuroLeague fans will find what they are looking for.
“Our collaboration with the EuroLeague underscores our commitment to revolutionising the sports entertainment landscape.”
The companies hope the partnership between Sportspass and Euroleague Basketball will set a new standard for the integration of digital experiences in the sports industry.
About Animoca Brands and Sportspass
Animoca Brands, a leader in digital entertainment, blockchain and gamification, has established itself as a pioneer in the Web3 space with its vast portfolio of investments. Sportspass, previously known as Be, operates under the umbrella of Animoca Brands as a next-generation fan engagement and gaming platform.
Sportspass is committed to enabling sports properties to deliver outstanding gaming, rewards, and competition experiences to fans globally.