MLB Players Association Makes Partnership With Crypto Collectibles Startup

The blockchain is making further progress in the sports industry as a new token (Player Tokens) was launched in partnership with Major League Baseball Players Association (MBLPA).

The new entry into the cryptosphere is a crypto-collectible service that has 73 All-Stars and players from all 30 Major League baseball teams. It is expected that Player Tokens will introduce baseball fans to the world f crypto, making fans to have access to the first ever in-market athlete digital crypto collectible.

The sports industry has seen a growth in the adoption of cryptocurrency activities. This has been seen in various forms ranging from celebrity endorsements to actual token-backed collectibles.

Even though this latest entry comes into the increasing line of blockchain innovations in the sports industry, it is intended by its developers to indicate the next move in the evolution of collectibles, leveraging the best of the physical, digital and crypto worlds.

“At Player Tokens, we are re-imagining the collectible experience for collectors, fans, and athletes by leveraging the latest technologies to provide experiences that were previously not possible,” said Kush Parikh, founder, and CEO of Player Tokens. “Our intent is to deliver a simple, fun collectible, accessible to all fans and collectors globally, whether crypto veterans or novices. As we build out the Player Tokens platform, you’ll see an ever-expanding way that fans and collectors can utilize their tokens, including engagement with their favorite players.”

There will be three types of token packs available for purchase at the launch of Player Tokens, each comprising of five to six Player Tokens priced between $5.99-$8.49.