MLS Kicks Off Digital Revolution with ‘Quest’ NFTs on Sui Blockchain

Fans Can Now Own Digital Trading Cards Featuring Top MLS Players and Moments on the Sui Blockchain

  • MLS launches NFT platform ‘MLS Quest’ on Sui blockchain with Sweet partnership
  • Platform offers free-to-play experience with collectible medallions tied to match highlights
  • Fans can collect medallions at physical and online locations to earn real-world rewards
  • Initial collectibles start at $4 with one free redeemable item available at launch
  • Move follows success of other sports leagues’ NFT initiatives like NBA Top Shot

MLS Enters Digital Collectibles Space with Sui Blockchain Platform

Major League Soccer (MLS) announced Monday the launch of MLS Quest, a new NFT collectibles platform built on the Sui blockchain network in collaboration with crypto startup Sweet.

- Advertisement -

The platform introduces a novel approach to sports memorabilia by combining digital collectibles with real-world engagement opportunities. Key Play of the Game Medallions, the platform’s primary digital assets, feature highlights from both current and historical MLS matches.

Interactive Collection System

The platform implements a unique collection mechanism where fans can acquire medallions through both virtual and physical locations across North America. A notable feature is the ability to claim medallions at live MLS matches, creating an additional layer of engagement for in-person attendees.

Chris Schlosser, MLS SVP of Emerging Ventures, stated: “At MLS, we continuously strive to grow our fan base and elevate the fan experience… we’re excited to offer a unique collectible challenge that embodies our commitment to cutting-edge digital innovation.”

Rewards and Pricing Structure

The reward system operates on a completion-based model:

- Advertisement -
  • Fans must collect four medallions from a single match
  • Successful completion unlocks physical rewards
  • Rewards include team merchandise, autographed jerseys, and match tickets
  • Special exclusive experiences are available for collectors

The platform’s entry point is accessible, offering a free initial collectible through the official website. Additional digital items are available in the marketplace starting at $4.

Sports Industry NFT Trend

MLS Quest joins a growing roster of professional sports leagues embracing blockchain-based collectibles. This trend gained significant momentum following the success of NBA Top Shot on the Flow blockchain in early 2021.

Other notable sports league NFT initiatives include:

  • NFL’s digital collectible platform with Dapper Labs
  • UFC’s partnership for digital memorabilia
  • MLB’s entry into digital collectibles
  • NHL’s blockchain-based fan experiences

Market Context and Implications

The launch represents MLS’s strategic move into the digital collectibles space, following successful models established by other major sports leagues. The choice of the Sui blockchain platform, known for its scalability and efficient transaction processing, suggests a focus on providing a smooth user experience.

The combination of digital ownership with physical rewards creates a hybrid engagement model that could appeal to both traditional sports memorabilia collectors and crypto-native users, potentially expanding the league’s fan engagement opportunities in the digital asset space.

Previous Articles:

- Advertisement -

Latest News

Solana Mobile to airdrop 2B SKR to Seeker users Jan 20 9pmET

Solana Mobile will airdrop its new SKR token on January 20, with a claim...

OpenAI’s ChatGPT Health links records and wellness apps now!

OpenAI launched ChatGPT Health on Wednesday to let users link medical records and wellness...

Strategy’s mNAV Hits 1x as Market Value Matches BTC At risk!

Strategy disclosed on its homepage that its enterprise multiple-to-Net Asset Value (mNAV) has fallen...

a16z Crypto buys BABY in $15M deal to boost Bitcoin DeFi Now

Babylon raised $15 million via a token sale to the digital asset arm of...

Black Cat SEO Poisoning Pushes Fake Apps, Installs Backdoor.

Black Cat used SEO poisoning to place fake software download pages high in search...
- Advertisement -

Must Read

How to Buy VPN With Bitcoin Using CyberGhost VPN

In this step-by-step guide, you will learn how to purchase a VPN (Virtual Private Network) subscription using Bitcoin, a popular cryptocurrency, and CyberGhost VPN,...
Bitcoin (BTC) $ 91,231.00 2.41%
Ethereum (ETH) $ 3,167.95 3.61%
XRP (XRP) $ 2.17 5.47%
Bittensor (TAO) $ 271.56 7.04%
Polkadot (DOT) $ 2.15 3.37%
Cardano (ADA) $ 0.403195 3.77%
Chainlink (LINK) $ 13.44 3.97%
Hyperliquid (HYPE) $ 26.92 3.64%
Monero (XMR) $ 437.50 0.87%
Hedera (HBAR) $ 0.123681 3.73%
Toncoin (TON) $ 1.87 1.26%