MARKET POTENTIAL
Last updated
Last updated
Foundations
2020 saw the emergence of fan tokens, Socios/Chilliz lead the way, creating fan tokens for football clubs including Real Madrid, Juventus and Arsenal. Daily volume on the Atletico Madrid token ($ATM) , for just one token. With multiple tokens, and even stronger utility we see huge potential for the Blockasset exchange. The foundations are in place for in the coming years.
Demographics
More and more young people are looking to invest their money than ever before, highlighted by the 2020 meme stock phenomenon that introduced millions to the stock market. Now, young people are open-minded to new investments, .
2020 was a key catalyst for change, as crypto ownership in the USA from 2020 (6%) to 2021 (13%) and is predicted to maintain its parabolic growth over the next decade. As things stand , a strong correlation with global sports fan demographics. This tells us that as crypto adoption grows, sports will be primed to be the main onramp and introduction of many into the crypto world.
Predictions
Athletes, celebrities and brands are already seeing , and more respected voices are waking up to the market potential of social tokens; RealVision CEO Raoul Pal says social tokens are “”.