SAN FRANCISCO, CALIFORNIA, February 15, 2022 (GLOBE NEWSWIRE) — LegionFarm, a Y-Combinator-backed startup based in San Francisco, announced that on February 12 , 2022 would host the first professional fight in the Metaverse; starring MMA legends Khabib Nurmagomedov and Max Holloway in the main event. Big-name fighters came together in the multiplayer VR boxing game Creed: Rise to Glory, while martial arts legend Daniel Cormier served as commentator at the event; streamed live on Twitch.
Before the fight, fans were able to attend an exclusive event on Mozilla:hubs, where Nurmagomedov and Holloway answered questions during a Q&A session. They even battled their fans in a live VR boxing match! To attend the party through a browser or VR headset, users had to purchase an NFT that acts as a membership card to enter the club. While professional sports fans are already familiar with trading cards in the form of NFTs with notable moments from fights, LegionFarm brings a whole new level of immersive experience.
“NFTs are not a modern phenomenon, they are the way the future does business,” said Alexey Beliankin, CEO of LegionFarm. “To start the transition, we have launched our ERC-721 NFT. The owners of these NFTs will be the first to get a sizable share of our ERC-20 token, which has the weight of governance in the LegionFarm DAO. Holders will be the first to receive the token as an airdrop, free at this early stage.”
LegionFarm is a video game companionship and training service that connects professional gamers with older gamers with busy lives who would like to spend quality time playing games, improving their skills and having fun. LegionFarm already has 5,000 active pro players and over 60,000 regular users.
LegionFarm has raised over $17 million split between two rounds. $6 million in the first round in May 2021 from Y Combinator, TMT Investments, SVB, Scrum VC, Altair Capital, Kevin Lin (Twitch), Ankur Nagpal (Teachable). The additional $11 million extension from Winter Capital and Activision’s Alex Summers, and others. With such a successful start, the platform is now taking a step towards transformation into a Play & Earn engine and Web 3.0 gaming guild with the following creation of a DAO.
After the fight, visitors were able to move into virtual reality guest rooms inside Mozilla:hubs. This allowed them to engage with the community and even take the opportunity to ask the athletes whatever they wanted during a question and answer session. Khabib Nurmagomedov previously announced his partnership with the startup on Twitter and Instagram. Daniel Cormier, Max Holloway and Islam Makhachev have each signed a long-term partnership agreement with LegionFarm.