English Premier League football club Arsenal has struck a licensing deal with tech company Fantastec to allow authenticated collectibles to be swapped by fans via a new blockchain-based app, Fantastec SWAP.
Under the agreement, the app will provide supporters with a platform to collect and swap officially-licensed club collectibles, such as player autographs. The app, which has been designed to appeal to sports fans, gamers and sports card collectors, will also feature club content, such as exclusive video footage.
Fantastec SWAP encourages fans to build their squad collections by purchasing in-app team packs, and by swapping with other supporters across the world.
Completed collections earn rewards, allowing fans to move towards more difficult levels of collecting with rarer collectibles and increased rewards.
Fantastec product partner Simon Woollard said that “many more top-tier global football clubs” are set to follow Arsenal, which is the first club to link up with the app. Fantastec SWAP is available on the iOS App Store and via Google Play.
“The majority of sports fans are now mobile-first and geographically distanced from their favourite teams,” Woollard added. “Fantastec has developed a new approach for fans to engage in more valuable relationships with the teams and players they love, rewarding their activity in the app, and empowering them to own a genuine share of a club’s history – timestamped and safely protected on the blockchain.”