Blockchain’s potential to rescue sports: A social media perspective

Yadav, Jitendra; Misra, Madhvendra; Rana, Nripendra P.; Singh, Kuldeep; Goundar, Sam

doi:10.1016/b978-0-323-96146-2.00025-5

Cited by 2 publications

(1 citation statement)

References 23 publications

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“…Some research sheds light on user involvement in esports (Jang and Byon, 2020), but users still seem wary of implementing a blockchain-based rewards system because of lack of information and trust issues (Yadav et al, 2022). In a similar study, Yadav et al (2023) scrape Twitter for "sports blockchain" discussions, sensing a positive attitude towards the usage of blockchain technology; NFTs are among the most popular topics.…”

Section: Technology Adoption 231 Theoretical Backgroundmentioning

confidence: 99%

Implementing trades of the National Football League Draft on blockchain smart contracts

Fukuzawa,

McConnell,

Kay

et al. 2024

IJSMS

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PurposeDemonstrate proof-of-concept for conducting NFL Draft trades on a blockchain network using smart contracts.Design/methodology/approachUsing Ethereum smart contracts, the authors model several types of draft trades between teams. An example scenario is used to demonstrate contract interaction and draft results.FindingsThe authors show the feasibility of conducting draft-day trades using smart contracts. The entire negotiation process, including side deals, can be conducted digitally.Research limitations/implicationsFurther work is required to incorporate the full-scale depth required to integrate the draft trading process into a decentralized user platform and experience.Practical implicationsCutting time for the trade negotiation process buys decision time for team decision-makers. Gains are also made with accuracy and cost.Social implicationsFull-scale adoption may find resistance due to the level of fan involvement; the draft has evolved into an interactive experience for both fans and teams.Originality/valueThis research demonstrates the new application of smart contracts in the inter-section of sports management and blockchain technology.

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Section: Technology Adoption 231 Theoretical Backgroundmentioning

confidence: 99%

Implementing trades of the National Football League Draft on blockchain smart contracts

Fukuzawa,

McConnell,

Kay

et al. 2024

IJSMS

View full text Add to dashboard Cite

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Cross‐media synergies between TV news media and social media in charitable crowdfunding

Dehdashti,

Namin,

Ketron

2024

J of Consumer Behaviour

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Current methods of creating awareness about charitable crowdfunding campaigns are mostly within online platforms (e.g., social media). However, TV news media continue to feature causes calling for donations, raising the question of whether TV media contribute to the success of charitable crowdfunding. This research measures the effect of TV news media alongside social media on charitable crowdfunding campaigns using secondary data scraped from a popular crowdfunding site. We find that campaigns shared on TV and social media (vs. social media alone) generate more funding and have more donors but take a significantly larger time to reach their target. Thus, in the context of charitable crowdfunding, there may be a tradeoff between volume of donations and donors and the speed at which campaigns conclude.

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Blockchain’s potential to rescue sports: A social media perspective

Cited by 2 publications

References 23 publications

Implementing trades of the National Football League Draft on blockchain smart contracts

Implementing trades of the National Football League Draft on blockchain smart contracts

Cross‐media synergies between TV news media and social media in charitable crowdfunding

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