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NFL Rivals Surpasses $1m Monthly NFT Volumes and 5 Million Downloads
Mobile game NFL Rivals has surpassed $1m Monthly NFT Volumes and has been downloaded over 5 million times.
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NFL Rivals Surpasses $1m Monthly NFT Volumes
Sporting Crypto Newsletter is supported by The HBAR Foundation.
Discussed in this edition of Sporting Crypto:
NFL Rivals Overview đ
a) Overview & Gameplay
b) StatisticsWeb3 Gaming & Sports đź
a) Where is Web3 Gaming?
b) The Spectrum of this Space
c) Friction
d) Sports & Web3 GamingAnalysis & Concluding Thoughts đ§
a) NFL Rivalsâ Success
b) Web3 Monetization
NFL Rivals Overview đ
NFL Rivals is a mobile game that allows players the opportunity to collect and trade officially licensed NFL player NFTs.
The NFTs in the game are player cards used to build out teams and compete in the game. Each player card has different rarity levels from common to legendary.
Players can play against each other in online games, or in single-player seasons. Teams can be improved and upgraded by buying packs of player cards, or by buying player cards individually on the marketplace.
Gems, Gold, and Coins are the only three resource items for purchasing in-game items. Gems are the major resource used for purchasing rare items and packs. Rival Coins or Coins are used for purchasing items, packs, and upgrading players. Gold allows players to purchase exclusive offers in the Connect section.
Iâve played the game myself recently (strictly for research purposes đ) and found it very enjoyable. The raw mechanics of the game are orthodox and donât feel like a janky Web3 game, because all of the onchain elements are in the background. Itâs very easy to pick up and crucially, feels like a game that Iâve played before. The marketplace experience is also seamless, without any ailments that often impact how rough Web3 marketplaces can be.
đą Statistics
The numbers NFL Rivals have generated to date are strong
Since its debut in April 2023:
Over 5 million downloads
~$7m of sales
600,000+ transactions
160,000+ owners of digital collectibles
Drilling down into sales volume, NFL Rivals have seen over $1m in sales from Jan - May 2024, with June and July seeing drop-offs since.
Monthly Sales Volumes in 2024 for NFL Rivals
The drop-off could be for a multitude of reasons (no new packs / NFT collections) but it will be interesting to see whether or not there is a stark increase once more coinciding with the start of the 2024 NFL season in early September.