Italy's AC Milan Launches NFT Game With MonkeyLeague
The new partnership with an esports franchise signals the soccer champion’s latest step forward into the web3 world.
:format(jpg)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/4BJXRUQOLJC4JLTLAOAMOSQXDU.jpg)
AC Milan – Serie A Scudetto trophy (Chris Ricco/Getty Images)
Italian soccer club AC Milan is diving deeper into crypto with a new collection of NFTs from Solana-based esports franchise MonkeyLeague.
The new non-fungible token (NFT) partnership will let fans mint Rossoneri-branded wearables and give them access to game tournaments, such as football players playtesting the game.
It is not the first time AC Milan issued an NFT. In January 2021, the Italian soccer champion launched an NFT campaign and its AC Milan Fan Token (ACM) on the fan engagement and rewards app Socios.com. One month later, cryptocurrency trading platform Binance also listed the fan token.
Earlier this year, the club started new partnerships to issue official NFT video highlight moments and entered an NFT-based fantasy football game, allowing users to collect, trade and play with digital cards from AC Milan.
AC Milan is the first football club to partner with MonkeyLeague. “We are thrilled to kick off this partnership with MonkeyLeague, a collaboration that allows us to strengthen our positioning in the field of digital innovation,” Casper Stylsvig, chief revenue officer of AC Milan, said in a press release.
DISCLOSURE
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.
Learn more about Consensus 2024, CoinDesk’s longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.