Manchester City Football Club, in partnership with tech giant Sony, will create a digital map of the Etihad’s home stadium and build a virtual replica of it in the metaverse.
The reigning English Premier League winner has announced that he has signed a three-year deal with Sony Hawk-Eye to build the world’s first football stadium in the metaverse. With the help of virtual reality experts from Sony, Manchester City FC will create a digital map of the club’s home stadium and build a virtual version of it.
Manchester City are confident that the virtual Etihad Stadium will allow club fans who cannot travel to Manchester to watch live games from the comfort of their own homes, as well as participate in virtual meetings with players and fan communities .
A virtual stadium can “accommodate” an unlimited number of fans. In addition, hosting football matches on a virtual venue can change the way broadcasting rights are distributed, which will positively influence the increase in income of football clubs.
At the moment, broadcast rights are being sold to broadcasters as part of the Premier League package, but in the case of matches played in the metaverse, teams will be able to sell them directly to fans, including for intra-club cryptocurrency.
At the beginning of last year, Manchester City FC announced the release of fan tokens ($CITY), the owners of which will have access to VIP rewards, promotions, participation in closed voting and other preferences. Among the football clubs that have paid attention to issuing their own club tokens are AC Milan, Juventus, Barcelona, Fenerbahce and Paris Saint-Germain.
Source: Bits
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.