Submitted:
17 December 2024
Posted:
19 December 2024
Read the latest preprint version here
Abstract
Keywords:
1. Introduction
2. Applicability of Blockchain in Sports
2.1. Athlete’s Data Management
2.2. Sports Events Management
2.3. Anti-Doping
2.4. Sports Collectibles and Products
2.5. Sports Fan Engagement
2.6. Sports Financing and Crowdfunding
2.7. ESports
2.8. Sports Gambling and Fantasy Sport
2.9. Sports Copyrights Protection and Category
3. Methodology
3.1. The Purpose of the Research and the Instruments Used
3.2. Design and Research Phase
4. Results
4.1. Construct Validity and Reliability of the model



| Saturated Model | Estimated Model | |
| SRMR | 0.032 | 032 |
| d_ULS | 0.140 | 0.141 |
| d_G | 0.093 | 0.094 |
| Chi-Square | 137.647 | 137.718 |
| NFI | 0.953 | 0.953 |

5. Discussions
5.1. Practical Implication of Blockchain in Sport
6. Conclusions
Conflict of Interest
References
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| Blockchain benefits in sports | ||
| Blockchain benefits | Crypto Sponsorship |
Crypto Sponsorships - The Internet is the right medium for publishing and broadcasting detailed information about sports/teams or professional athletes and at the same time allows online payment (Bastos, 2020, Cintas-Canto, 2022, Berkani, 2024) |
| Player Tokens |
Tokenization of young athletes - tokens are obtained for amateurs and lesser-known athletes who are looking for funding to launch their careers. People invest with the hope that in the future they will recoup their investment based on the earnings of the performer or team they financially supported (Kaur, 2021, FIFA, 2024, Berkani, 2024, Rueden, 2020). | |
| Smart tickets |
Blockchain technology can track the smart ticket until it reaches the final seller (Carlsson-Wall, 2020, Berkani, 2024, Wojda, 2023, Pinto, 2022, Calderone, 2023) | |
| Decentra- Lization Ticket |
Smart contracts will ensure that tickets are not resold at a higher price to another person (Carlsson-Wall, 2020, Berkani, 2024, Wojda, 2023, Pinto, 2022, Calderone, 2023, Rueden, 2020) | |
| Secure Data |
Blockchain brings data security. Thanks to this technology, athletes, coaches, and club management employees can share data and personal information without worrying about it being falsified, stolen, or misused by another institution/club (Kalakota, 2023, Li, 2023, Cao, 2021, Mohammad, 2023, Song, 2022, Wojda, 2023, Pinto, 2022, Calderone, 2023, Berkani, 2024, Al-Breiki, 2020) | |
| Antidoping | Blockchain technology can track drug storage, routes, and testing itself and remove any suspicion of the legitimacy of the anti-doping test (Regner, 2019, Gremion 2018, Berkani, 2024, Baker, 2022) | |
| Financial Support |
Financial support can be obtained in an online environment from fans or entrepreneurs who choose to invest in talented young athletes. Their investment will be translated into tokens and smart contracts, which will allow them to recoup their investment in the future when the sponsored athletes are performing at the national, and international levels (Jin, 2021 CJarlsson-Wall, 2020, Baker, 2022 Khaund, 2020, Berkani, 2024, Rueden 2020). | |
| Reward Fan |
The unique identifier algorithm provided by blockchain technology can track all fun activities and reward them with cryptocurrencies that could be turned into an object or other currency (Carlsson-Wall, 2020, Liu, 2021, Ante, 2023, Berkani, 2024). | |
| Subscription | Platforms can offer subscription services and internal updates about different clubs, and the associated values will attract many fans and convince them to pay (Berkani, 2024, Muthe, 2020, Bastos, 2020, ). | |
| Blockchain Apps | App Sponsor |
Crypto sponsorships: SportyCo, eToro Tennis Sponsorship (Bastos, 2020, Cintas-Canto, 2022, Berkani, 2024) |
| AppPlayer | Tokenizing for athletes to keep aspiring: PlayerTokens (Naraine, 2021, Yue, 2020, Shan, 2020, Yu, 2021, Berkani, 2024)) | |
| AppTickets | Smart tickets- Eventchain (Carlsson-Wall, 2020, Berkani, 2024, Wojda, 2023, Pinto, 2022, Calderone, 2023) | |
| App Descentra- lization |
Decentralization of Resale/Share Ticket – Blockparty (Carlsson-Wall, 2020, Berkani, 2024, Wojda, 2023, Pinto, 2022, Calderone, 2023, Rueden 2020, Mammadzada, 2020) | |
| AppData | Securely recording and sharing performer data Daynos.Io (Kalakota, 2023, Li, 2023, Cao, 2021, Mohammad, 2023, Song, 2022) | |
| AppPay | Decentralization of Participation and Payments - No Limit Fantasy Sports, MyDFS (Muthe, 2020, Bastos, 2020, Berkani, 2024) | |
| AppRevenue | Fan Revenue Sharing - Socios (Vidal-Tomás, 2024) | |
| AppReward | Rewarding Fan Interaction - Blocside (Carlsson-Wall, 2020, Liu, 2021, Ante, 2023, Berkani, 2024) | |
| Performance Level | NationalTeam | How many caps do you have as a player on the National Team? |
| BestPerform | What is the best performance achieved at the European level? | |
| NatPerf | What is the best performance achieved at the national level? | |
| EuropePerf | How many caps do you have as a player at European level? | |
| Goals | How many goals did you mark? | |
| WorldSelect | How many caps do you have as a player at World Selections? | |
| One-Way ANOVA | By sport | By gender | By profession | |||
| (Welch's) | F | p | F | p | F | p |
| CryptoSponsorship | 0.126 | 0.723 | 0.822 | 0.446 | 1.038 | 0.39 |
| PlayerTokens | 0.867 | 0.354 | 0.979 | 0.384 | 1.194 | 0.317 |
| Smart tickets | 1.2111 | 0.274 | 0.624 | 0.541 | 1.431 | 0.228 |
| DecentralizationTicket | 0.0614 | 0.805 | 0.938 | 0.399 | 0.868 | 0.485 |
| SecureData | 1.87E-06 | 0.999 | 1.088 | 0.346 | 1.671 | 0.161 |
| Antidoping | 0.4816 | 0.489 | 0.764 | 0.472 | 1.431 | 0.228 |
| FinancialSupport | 1.6093 | 0.207 | 0.146 | 0.865 | 1.091 | 0.364 |
| RewardingFan | 1.5903 | 0.21 | 0.618 | 0.544 | 0.535 | 0.71 |
| Subscription | 0.0205 | 0.886 | 0.202 | 0.818 | 0.618 | 0.651 |
| AppSponsor | 0.4666 | 0.496 | 1.277 | 0.289 | 1.401 | 0.238 |
| AppPlayer | 0.8626 | 0.355 | 0.951 | 0.394 | 1.296 | 0.275 |
| AppTickets | 0.5009 | 0.48 | 0.999 | 0.376 | 1.632 | 0.17 |
| AppDescentralization | 0.4468 | 0.505 | 0.208 | 0.813 | 0.901 | 0.465 |
| AppData | 0.3986 | 0.529 | 0.932 | 0.401 | 0.634 | 0.639 |
| AppPay | 0.1783 | 0.674 | 1.505 | 0.233 | 1.797 | 0.134 |
| AppRevenue | 3.544 | 0.062 | 4.249 | 0.02 | 1.476 | 0.214 |
| AppReward | 0.6126 | 0.435 | 1.186 | 0.315 | 2.096 | 0.085 |
| AppInfo | 0.9118 | 0.342 | 0.981 | 0.383 | 0.682 | 0.606 |
| Variables | Block. Benefits | Block Apps | Performance |
| Blockchain Benefits | |||
| Blockchain Apps | 0.591 | ||
| Performance | 0.264 | 0.410 | 0.339 |
| Variable | VIF | Variable | VIF |
| AppData | 3.06 | DecentralizationTicket | 2.80 |
| AppDescentralization | 3.84 | EuropePerf | 1.15 |
| AppInfo | 3.67 | FinancialSupport | 2.32 |
| AppRevenue | 3.14 | NatPerf | 1.03 |
| AppSponsor | 2.27 | PlayerTokens | 2.65 |
| AppTickets | 3.80 | RewardingFan | 2.69 |
| BestPerform | 1.12 | Smart tickets | 2.85 |
| CryptoSponsorship | 2.14 | WorldSelect | 1.00 |
| Cluster | Error | |||||
| Mean Square | df | Mean Square | df | F | Sig. | |
| BlockchainAdv | 50.222 | 2 | .183 | 290 | 273.892 | .000 |
| BlockchainApps | 65.359 | 2 | .152 | 290 | 429.864 | .000 |
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