There are plenty of reasons to be skeptical about crypto in sports. The Fan token platform IQONIQ just collapsed. Many NFTs licensed by sports brands auction for astronomical prices. At the same time, NFT scammers and snake oil salesmen are endemic: the largest NFT marketplace recently admitted that 80% of items in its store made with its free tool were fakes, imitators, or spam.It begs the question: Why bother? Weren’t we happy with the world before blockchain-based trading cards and $PSG to...

There are plenty of reasons to be skeptical about crypto in sports. The Fan token platform IQONIQ just collapsed. Many NFTs licensed by sports brands auction for astronomical prices. At the same time, NFT scammers and snake oil salesmen are endemic: the largest NFT marketplace recently admitted that 80% of items in its store made with its free tool were fakes, imitators, or spam.It begs the question: Why bother? Weren’t we happy with the world before blockchain-based trading cards and $PSG to...