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Web3 Studios (“w3s”) is an investment banking firm focused exclusively on companies building the open economy. Founded by Blackstone and McKinsey alumni; W3’s mission is to establish institutional-grade financial services in the Web3 world.
“The metaverse itself is a great opportunity for the world to add a new layer of human interaction to society. Specifically for sports, it could create hotspots and virtual experiences for new audiences. This is not mutually exclusive with the joy of physical interaction of sports, but rather an extension that will allow for more inclusiveness across the industry.” Among the younger generations, the sector has experienced tremendous growth. And while the sport takes place entirely online, fans still enjoy gathering in real-world stadiums and watching their favorite teams play on the field.” “At the end of the day, none of this is about trying to replace the physical interactions required to play soccer, tennis or basketball – it’s about expanding the reach of those physical events and developing new forms of engagement for fans.” . -Web3 Studio Report Web3 Sports Metaverse Landscape is strategically positioned within the Sports Metaverse Experience Landscape and has a streamlined approach to incorporating web2 sports fans into the Web3 community – ”As a leader in the metaverse Sports Centric Created by athletes for athletes, LootMogul’s goal is to provide tools to both athletes and sports brands to engage with fans in the simplest way without the complexities of blockchain and wallets, while ensuring full transparency and accountability. The Web 2.0 approach to bringing sports fans into Web 3.0 and athletes, brands, and tangible benefits from the metaverse economy is a key differentiator for LootMogul.”, MLB, UFC, etc., under a multi-year deal Additionally, LootMogul is in the process of onboarding over 1.5 million college and high school athletes. LootMogul’s total reach through players is over 80 million. Additionally, Web Studios stated, “We hope the The economic value of the metaverse sports space will grow exponentially over the next 10 years, fueled by growing consumer interest in new ways to interact with their favorite sports and teams, as well as the positive attitudes of sports stars towards new ways to monetize their audiences Big sports brands and investors recognize the potential that metaverse technologies bring to the areas of engagement, retention and monet consumerization in sports and they invest heavily in the space. While the metaverse sports space is still subject to significant social, legal, and technical uncertainty, we forecast that the metaverse sports space may generate more than $80 billion by 2030.” About LootMogul LootMogul is an athlete-led sports metaverse powered by virtual technology real estate, training academies, blockchain gaming, meta-stores for athletes, and brands with real-life (IRL) rewards In September 2022, LootMogul secured a $200 million investment commitment from GEM More information about company traction, company news and community growth can be found here: • Corporate News – https://www.linkedin.com/company/lootmogul • Community -https://www .instagram.com/lootmogul • Press Releases -https://metaverse.lootmogul.com/press-releases Article Link – https://venturebeat.com/games/how-the-landscape-of-sports-will- evolve-in-the-metaverse/ In full research report: https://docsend.com/view/y2iv7xvj54qnau6m Photo: https://mma.prnewswire.com/media/1966591/Metaverse_market_size_report.jpg Photo: https://mma.prnewswire.com/media/1966592 /Web3_sports_metaverse.jpg Logo: https://mma.prnewswire.com/media/1900970/LootMogul_New_Logo.jpg
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