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Fanatics added that other major investors in the round included Major League Baseball (MLB) and its owners, the Major League Baseball Players Association (MLBPA), the NFL Players Association (NFLPA), the National Hockey League, Brooklyn Nets owner Joe Tsai via his fund Blue Pool Capital and the Qatar Investment Authority.
While he declined to share how many users are on the platform today or the company’s revenue, he said the number of players using Draftea is growing “double digits” week-over-week. He added that he’s seen a resurgence in GMV as lineups per user have risen. The Draftea team on a video call Image Credits: Draftea.
In newly-leaked comments, EA CEO Andrew Wilson has explained why the company is considering ending its licensing deal with FIFA. Last year, the New York Times reported that EA is fighting with FIFA to be able to expand into other areas like showing highlights of real-world games, and offer digital items like NFTs.
In the long run, Eksab hopes to build a fully integrated platform that according to its statement, will see it become the go-to platform for football play-to-earn gaming, content, stats, NFTs, digital collectibles and merchandise. Eksab takes a percentage of all the fees paid on the platform, especially on premium contests and merchandise.
August 1, 2023 China requires AI apps to obtain an administrative license Multiple generative AI apps have been removed from Apple’s China App Store ahead of the country’s latest generative AI regulations that are set to take effect August 15. “As
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