{"id":2994,"date":"2023-01-24T10:12:12","date_gmt":"2023-01-24T10:12:12","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/01\/24\/iba-announces-boxing-metaverse-nft-news-today\/"},"modified":"2023-01-24T10:12:12","modified_gmt":"2023-01-24T10:12:12","slug":"iba-announces-boxing-metaverse-nft-news-today","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/01\/24\/iba-announces-boxing-metaverse-nft-news-today\/","title":{"rendered":"IBA Announces Boxing Metaverse &#8211; NFT News Today"},"content":{"rendered":"<p><\/p>\n<div>\n<p>The International Boxing Association (IBA) is working on a vision that could change the way we interact with sports forever.<\/p>\n<p>A new era of virtual sports is upon us. Indeed, the world\u2019s first boxing metaverse is underway, and will cater for more than 540M boxing fans.<\/p>\n<p>At the congress of the International Boxing Association in Abu Dhabi in December 2022, <a href=\"https:\/\/www.einnews.com\/pr_news\/612712775\/global-boxing-house-metaverse-is-set-to-start-a-new-era-in-boxing-for-540-million-fans\" target=\"_blank\" rel=\"noopener\" title=\"\">plans for the metaverse platform <\/a>emerged. In the IBA\u2019s boxing metaverse, fans will be able to engage with VR boxing, VR training, NFTs, fan tokens and own cryptocurrency.<\/p>\n<p>Moreover, cryptocurrency will be the primary means of payment for all aspects of the platform. For example, you will be able to use cryptocurrency to pay for subscriptions to watch fights in real life and VR fight arenas. In essence, this boxing metaverse will be a fully immersive virtual arena for fight fans to savour.<\/p>\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\">\n<p>\n<iframe loading=\"lazy\" title=\"IBA Metaverse Platform - ibameta.com. A 540+ mln Fan Base is waiting for the new era of Boxing.\" width=\"696\" height=\"392\" src=\"https:\/\/www.youtube.com\/embed\/mBREnXHSVXM?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" allowfullscreen><\/iframe><\/p>\n<\/figure>\n<h2>Multi-billion dollar market<\/h2>\n<p>There are many exciting metaverse platforms in the works, and <a href=\"https:\/\/nftnewstoday.com\/2022\/11\/17\/frederic-chesnais-reveals-plans-for-new-multiverse-platform-alphaverse\/\" target=\"_blank\" rel=\"noopener\" title=\"\">even \u2018multiverse\u2019 platforms<\/a>. Big brands are banking on the future of our lives being dominated by such platforms. Furthermore, playing sports in the virtual realm, and viewing sports online, are two giant industries. Now, these two popular activities will feature in the IBA\u2019s ground-breaking boxing metaverse.<\/p>\n<h2>International house of boxing<\/h2>\n<p>Inspired by IT specialist Dave Suleimanov, the platform of the \u2018international house of boxing\u2019 will feature state-of-the-art technology for live streaming fights and championships. Additionally, the platform will feature <a href=\"https:\/\/nftnewstoday.com\/2022\/07\/31\/experts-explain-how-bright-the-future-is-for-nft-event-ticketing\/\" target=\"_blank\" rel=\"noopener\" title=\"\">ticket sales<\/a>, news and subscriptions. What is more, the platform incorporates a VR training system that aims to revolutionize how coaches train young athletes.<\/p>\n<h2>The Future of boxing?<\/h2>\n<p>Boxing is still a hugely <a href=\"https:\/\/www.britishboxingnews.co.uk\/blogs\/the-popularity-of-boxing-globally\" target=\"_blank\" rel=\"noopener\" title=\"\">popular sport worldwide<\/a>, with iconic champions and an illustrious history. Moreover, the IBA\u2019s boxing metaverse has a major opportunity to reach the worldwide boxing community. As for the technology, it\u2019s clear that VR is integral to the IBA\u2019s vision. The prospect of VR boxing will be mouth-watering to many fight fans. Clearly, The IBA aims to revolutionize and revitalize the sport through leveraging Web3 tools.<\/p>\n<p>The platform is scheduled to launch at the end of 2023 \u2013 so stay tuned for more updates on this story.<\/p>\n<\/div>\n<p><a href=\"https:\/\/nftnewstoday.com\/2023\/01\/24\/iba-announces-boxing-metaverse\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=iba-announces-boxing-metaverse\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Boxing Association (IBA) is working on a vision that could change the way we interact with sports forever. A new era of virtual sports is upon us. Indeed, the world\u2019s first boxing metaverse is underway, and will cater for more than 540M boxing fans. At the congress of the International Boxing Association in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2996,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftnewstoday.com\/wp-content\/uploads\/2023\/01\/young-man-boxing-mixed-media.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2994"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=2994"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/2994\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/2996"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=2994"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=2994"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=2994"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}