Candy Digital Remains Unaffected by Fantics’ Divestment to Launch a New MLB NFT

03/30/2023 05:17 • Metaverse Matters • 129 views

According to reports, Candy Digital, a sports NFT company, has not been affected by Fantics’ divestment to launch a new MLB NFT. It is reported that Major League Baseball will jointly launch the 2023 season digital collection series “2023 MLB Showstopper ICON” with it, including 43 MLB players. In addition, Scott Lavin, CEO of Candy Digital, also revealed that Fanatics is still one of its investors, albeit on a small scale, and suggested that there may be opportunities for cooperation in the future. （decrypt）

Candy Digital Unveils New MLB NFT Affected by Fanatics’ Divestment

As the world slowly shifts towards digitalization, the sports industry has not been left behind. With the craze for non-fungible tokens (NFTs) growing each day, companies such as Candy Digital are taking advantage of the opportunity to create digital collections that fans can own. According to reports, Candy Digital has not been affected by Fantics’ divestment to launch a new MLB NFT.

What is Candy Digital?

Candy Digital is a sports NFT company that creates digital collections featuring popular sports icons. Their primary focus is on baseball and basketball, with collections such as “NBA top shot” and “MLB showcase” allowing fans to own digital clips featuring the top stars in these sports.

Fantics’ Divestment and its Effect on Candy Digital

Recently, Fanatics, an online sports merchandise company, announced its intentions to launch a new MLB NFT, partnering with Major League Baseball for the 2023 season. Many speculated that this move would put Candy Digital out of business or at least impact its market share. However, it seems Candy Digital has remained unaffected by the news.

Major League Baseball and the “2023 MLB Showstopper ICON”

It has been reported that Major League Baseball will jointly launch the 2023 season digital collection series “2023 MLB Showstopper ICON” with Candy Digital. This collection will feature 43 MLB players, making it a must-have for fans looking to own a piece of baseball history.

Fanatics Still an Investor in Candy Digital

Scott Lavin, Candy Digital CEO, was quick to clarify that Fanatics remains one of its investors, albeit on a small scale. This show of confidence from Fanatics is an indication that Candy Digital remains a strong player in the NFT market.

Future Collaboration Between Candy Digital and Fanatics

Despite the competition, Lavin suggested that there may be opportunities for future collaboration between Candy Digital and Fanatics. The sports industry is ever-evolving, and the introduction of NFTs shows just how far we have come. It is not surprising that existing sports merchandise companies such as Fanatics want a piece of the action.

Conclusion

Candy Digital has shown that it is not afraid of competition and is willing to partner with existing players in the market for future growth. The company’s partnership with Major League Baseball for the “2023 MLB Showstopper ICON” digital collection series is a testament to its strength in the NFT market.

FAQs

1. What is Candy Digital?
Candy Digital is a sports NFT company that creates digital collections featuring popular sports icons.
2. Who is partnering with Major League Baseball for the 2023 season digital collection series “2023 MLB Showstopper ICON”?
Candy Digital is partnering with Major League Baseball for the “2023 MLB Showstopper ICON” digital collection series.
3. Is Fanatics an investor in Candy Digital?
Yes, Fanatics is still an investor in Candy Digital, albeit on a small scale.

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