Scalare invests in groundbreaking blockchain startup, STADIO

Updated: Dec 3, 2021

We are delighted to let you know we have invested in STADIO, a next-generation Web3 enabled eco-system for the sporting industry. The suite of products empowers athletes to produce, manage and monetise their own digital assets, including NFTs (non-fungible tokens).

STADIO Logo

STADIO offers an ecosystem of products, built using blockchain technology, that’s changing the way athletes engage with their fans directly. Through a suite of digital products, STADIO will enable the creation, collection and trading of NFTs (non-fungible tokens). These NFTs will provide real-world utility, and form part of an ecosystem of sports fans, sports stars, sports clubs, sports brands, associated merchandisers, media agencies and investors.


The roadmap includes a number of products that will all be underpinned by STADIO’s soon to be launched native cryptocurrency, StadiumCoin, which will be accepted as a form of payment across the entire network.


While STADIO will always remain fluid and interoperable across different technology stacks, a particular blockchain of interest that the majority of STADIO’s technology will be built on top of is Algorand. Users will be able to create, mint, list, buy, sell and trade NFTs.


STADIO also boasts its own custom-built content creation studio to help achieve hyper-growth in the adoption of the solutions. Users will be able to swap between different cryptocurrencies and real-world adoption of their native token will cover functions such as athlete salary payments, sports event ticketing and payment for NFT sales.


STADIO also has a unique area of its ecosystem dedicated to gamification, which the very first NFT Athlete card collection will be minted soon. Details can be found via the STADIO Discord community.


The STADIO Team is incredibly passionate about helping athletes maximise their earning potential and giving fans unique rewards and benefits and the Scalare team is excited to support their vision for the future.


 

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