{"id":68530,"date":"2018-07-17T08:00:06","date_gmt":"2018-07-17T15:00:06","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=68530"},"modified":"2019-11-07T02:44:31","modified_gmt":"2019-11-07T02:44:31","slug":"major-league-baseball-announces-ethereum-based-digital-collectibles","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/major-league-baseball-announces-ethereum-based-digital-collectibles\/","title":{"rendered":"Major League Baseball Announces Ethereum-Based Digital Collectibles"},"content":{"rendered":"

Major League Baseball (MLB) is releasing an Ethereum-based, digital, collectible game in late summer 2018. The MLB, in partnership with blockchain gaming company, Lucid Sights, hopes to boost baseball fandom with the potentially ground-breaking dApp, “MLB Crypto Baseball.”<\/p>\n

MLB Crypto Baseball will be similar to blockchain's most popular game, CryptoKitties, where users buy and trade digital kittens, using Ethereum. In CryptoKitties, explained<\/a> by the\u00a0New York Times,<\/p>\n

“Each kitty has a core DNA on the blockchain, and the game is basically to mate them (the illustrators do not go deep into specifics) and see what kitty results.”<\/p><\/blockquote>\n

\"\"<\/a>
This is the world's most expensive crypto kitty<\/a>.<\/figcaption><\/figure>\n

The rarer the traits produced, the more valuable the kitten. The most expensive cat ever sold went for 253.33 ETH, <\/a>approximately $110,000 at the time.\u00a0Overall, users have spent over $25 million<\/a> on the digital collectible.<\/p>\n

While digital assets have clearly demonstrated themselves to be a lucrative business, the MLB's main goal in introducing the Ethereum-based game is to attract young people back to baseball.<\/p>\n

Kenny Gersh, MLB\u2019s executive VP of gaming and new business ventures stated:<\/p>\n

“That is 100% one of the strategic goals of this initiative. Collecting items related to your team, engaging with your team in a new way. These will be event-based things\u2014those moments in sports that happen that you want to remember and cherish, and have a sense that you were there, even if only digitally.\u201d<\/p><\/blockquote>\n

In theory, the game makes perfect sense. On one hand, the digital assets are similar to the baseball cards and memorabilia that once proliferated amongst older generations of baseball fans. On the other, the rare digital collectibles are similar to things like “skins” in the wildly popular game Fortnite.<\/p>\n

If all goes to plan, the release of the dApp in late summer will reinvigorate baseball enthusiasts and help prevent the average game attendance from declining for a third straight year.<\/p>\n

If the\u00a0current average attendance of 28,543<\/a> holds, it will be the first time\u00a0below 30,000 since 2003.<\/p>\n

Crypto and Sports<\/h2>\n

While the MLB is the first league to fully endorse a blockchain product, they are not the first American sports entity to begin to adoption. The Sacramento Kings of the NBA, considered one of the most tech-savvy\u00a0franchises in all of sports, accepted Bitcoin for tickets and merchandise since 2014.<\/p>\n

On June 27th, 2018, the Kings went one step further and announced<\/a> a new charitable program, MiningForGood, that will start mining Ethereum to support charitable causes. The Kings intend to use proceeds from mining for groups such as the Build.Black.Coalition, and continues the franchise's strong tradition of giving back to the community.<\/p>\n

\"\"
Golden 1 Center is powered entirely by solar energy and home to the most progressive food programs in sports. It will now also mine Ethereum to improve local communities.<\/figcaption><\/figure>\n

The Kings owner, Vivek Ranadive, is a self-professed “superfan” of Ethereum and its clear those around him are optimistic too. Sacramento's CTO, Ryan Montoya stated<\/a>:<\/p>\n

\u201cWe know blockchain is going to revolutionize the world. So, how can we be ahead of the curve and start to utilize blockchain in different parts of the business?”<\/p><\/blockquote>\n

\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/07\/baseball-eth-thumb.jpg\"
Related:\u00a0\u00a0Stephen Curry Is The First Celebrity Endorsement For CryptoKitties Ethereum dApp<\/a><\/figcaption><\/figure>\n

Baseball fans are not the first sport\u00a0that CryptoKitties is trying to reach \u2013 a\u00a0Stephen Curry-inspired kitty<\/a> was recently produced\u00a0the first celebrity-branded crypto kitty.<\/p>\n

Across the Atlantic, London soccer club, Arsenal FC, announced the first official partnership<\/a> between a major sports team and a cryptocurrency firm back in January 2018. Through the deal, Arsenal receives an undisclosed amount of money, while CashBet<\/a>, a betting\u00a0platform, gains access to the millions of Arsenal fans worldwide.<\/p>\n","protected":false},"excerpt":{"rendered":"

The MLB, in partnership with blockchain gaming company, Lucid Sights, hopes to boost baseball fandom with the potentially ground-breaking dApp, “MLB Crypto Baseball.”<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,107],"tags":[],"post_folder":[],"acf":[],"yoast_head":"\nMajor League Baseball Announces Ethereum-Based Digital Collectibles<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoslate.com\/major-league-baseball-announces-ethereum-based-digital-collectibles\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Major League Baseball Announces Ethereum-Based Digital Collectibles\" \/>\n<meta property=\"og:description\" content=\"The MLB, in partnership with blockchain gaming company, Lucid Sights, hopes to boost baseball fandom with the potentially ground-breaking dApp, "MLB Crypto Baseball."\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoslate.com\/major-league-baseball-announces-ethereum-based-digital-collectibles\/\" \/>\n<meta property=\"og:site_name\" content=\"CryptoSlate\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-17T15:00:06+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-07T02:44:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/11\/cryptoslate-cover.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"David Lee\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Major League Baseball Announces Ethereum-Based Digital Collectibles\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:site\" content=\"@cryptoslate\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"David Lee\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/cryptoslate.com\/major-league-baseball-announces-ethereum-based-digital-collectibles\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoslate.com\/major-league-baseball-announces-ethereum-based-digital-collectibles\/\"},\"author\":{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptoslate.com\/author\/david-lee\/#person\",\"name\":\"David Lee\",\"url\":\"https:\/\/cryptoslate.com\/author\/david-lee\/\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/cryptoslate.com\/author\/david-lee\/\"},\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/cryptoslate.com\/author\/david-lee\/#authorimage\",\"url\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/03\/author-david-lee.jpg\",\"contentUrl\":\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2018\/03\/author-david-lee.jpg\",\"caption\":\"David Lee\"},\"description\":\"David is a data scientist with a degree in biology. 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