In a surprising move, the legendary football player Lionel Messi has backed the web3 soccer game startup Matchday in a whopping $21 million funding round. The blockchain-based firm that aims to transform the virtual football industry is rumored to have received a sizeable investment from the Argentina star.

A group of seasoned game developers and blockchain specialists formed Matchday because they recognized an opportunity to make a new soccer game that would be more immersive, realistic, and fun than anything else on the market. Matchday seeks to build a decentralized gaming ecosystem where players can own and control their digital assets by utilizing the strength of web3 and blockchain.

The investment by Messi, widely regarded as one of the greatest football players of all time, is a significant vote of confidence for Matchday and its vision. Additionally, it highlights the potential and growing interest in web3 technology, which is positioned to revolutionize several markets, including gaming, finance, and social media.

The Potential of Web3 and Blockchain-Based Gaming

Messi emphasized his enthusiasm for the undertaking and his confidence in it. Via this undertaking, he joyfully expresses his enthusiasm and longing for two things he loves– football and video games,  and Matchday innovatively combines the two very well.. He adds, “I am confident that Matchday will change the game and create new opportunities for players and fans alike.”

The funding round, led by the venture capital firm Andreessen Horowitz, also saw participation from other high-profile investors, including Reddit co-founder Alexis Ohanian and YouTube co-founder Steve Chen. The money will improve Matchday’s platform further, increase its user base, and entice more elite football players and teams to participate in the game.

With its realistic graphics, physics engine, and player-controlled actions that set it distinct from other soccer games, Matchday is already creating attention in the gaming community. Players may also fully own and control their investments by trading and selling their digital assets on a decentralized market, including playing cards and virtual stadiums.

Other industry players have noticed the potential of web3 technology and blockchain-based gaming. Prominent gaming companies, including Ubisoft, Atari, and Electronic Arts, have been investigating the potential of web3 gaming, which might produce new revenue streams and business models for the sector.

Other Industry Players Embrace Web3 Gaming

Web3 gaming’s growth coincides with increased interest in cryptocurrencies and decentralized finance based on the same blockchain technology. A new decentralized creativity and entrepreneurship era may emerge as more people use web3’s advantages and potential.

Messi’s investment in Matchday is a huge step forward for the web3 and gaming sectors and evidence of the growing acceptance of blockchain technology. Matchday can dominate the global gaming market and take the game of soccer to a whole new level with the help of prominent investors and forward-thinking game developers.

Source: www.thecoinrepublic.com