Crypto Collectibles Game ‘MLB Champions’ Launches By Major League Baseball With Lucid Sight
Crypto Collectibles Game Launched By Major League Baseball
On May 9, 2019, Lucid Sight CEO Randy Saaf shared with Yahoo Finance’s Dan Roberts, Akiko Fujita, and Sibile Marcellus about the partnership the vision that it will improve attendance at ballparks around the country.
During the interview, Saaf shared that digital collectibles may be one of the only ways to reach the next generation. Most young folks are considered “digital natives,” which means that they’ve encountered some version of the internet and mobile technology at some point in their lives. With tokens and blockchain technology, users can own digitized versions of collectibles, which was previously impossible with previous virtual trading games.
Virtual players can be sold and traded on the marketplace, and one can be purchased during drafts or from the company. As players participate, their stats improve. He added,
“Our game is a fantasy-esque type game, where you buy the collectibles, you buy a Bryce Harper or Mike Trout, you play them in the game, and if Mike Trout hits a home run to win the world series, that generates new rewards that can be kept scarce, powered by blockchain.”
Further, collectibles do not need to be repurchased from people, rather, the marketplace works independently from the company. For example, some collectibles that were sold for $5 in 2018 are now trading at $20. Currently, the app is not yet live, however, users can pre-register and start purchasing players in packs.