2023 was a year of transformation for digital sports collectibles.
Several widely hyped attempts to merge crypto with sports entertainment failed to catch on; more than a few Web3 projects pivoted or restructured their offering, responding in realtime to shifting demand.
But there is a silver lining. Sports platforms that centered on fan culture proved surprisingly resilient. New platforms that focused on gamified experiences found their footing, and even in some cases, significant growth. The truth is, most fans aren’t looking to become team managers via tokens — they’re looking for connections with their favorite players, and new ways to experience the game they love.
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