Yesports Offers NFT-Based Membership to Esports Fans!
NFT-based memberships have recently been widely used in the world of sports. NFT memberships are popular in real-life sporting events such as soccer, where Socios continues to be the market leader. In addition, individual soccer teams have also teamed up with Web3 platforms to launch their own NFT-based solutions offering similar benefits to memberships. Recently, Sorare has added AC Milan from Serie A to its growing list of partnerships.
Apart from these, Yesports targets an unusual segment of the sports industry. E-sports has gained popularity over the last decade as teams have adopted the franchise business model, which relies more on sponsorships than match-day revenue. But given the tremendous growth of the industry, teams are now looking for ways to monetize their viewership. This thinking is on the rise in direct proportion to the emergence and mainstream adoption of NFTs.
Yesports has already registered 30 teams and players on its platform, including INFINITY, Renegades, Team Empire, BOOM Esports, and INFINITY, Renegades, Team Empire, BOOM Esports, to name a few, which could help over 3 million esports fans join Web10. Furthermore, the platform will enable teams to scale fan engagement by utilizing exclusive NFT-based membership plans. This will be a way to increase their revenue potential. The platform is powered by the professional Southeast Asian esports organization Talon Esports and their active members managed by the Arena of Valor (RoV) team.
The companies give fans the chance to purchase goods and NFTs, as well as interact with their favorite esports teams. They can also offer special benefits. Other exclusive benefits offered to members include VIP access to esports events, trips, special NFT discounts, signed merchandise, AMAs, social media announcements. Fans can choose from a range of options, each providing different levels of access and benefits. These are Gold, Platinum and Diamond membership options. Sebastian Quinn, founder and CEO of Yesports, commented. ‘NFT membership is a real game changer for fan engagement and team revenue,’ Quinn said. He also argued that it represents a ‘groundbreaking development for e-sports’ that has great potential.