Ending Soon! Save 33% on All Access

Shikhar Dhawan Collaborates With Bliv.Club And WIOM To Launch Metaverse Sports City The soon-to-be-launched multifaceted sports city will be home to cricket stadiums, a sportsplex, a sports café, gym, e-sports zone, cottages running tracks, 3D immersive sports museum, sports library, an arena for other sports and much more

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

Shikhar Dhawan, India's leading cricketer, has announced his collaboration with web3 fintech startup, Bliv.Club and web3 metaverse startup, WIOM, to launch a sports city in the metaverse.

"I have always tried to keep abreast with tech brands. With the evolving internet consumption trends of millennials and Gen Z, our multifaceted team is pushing the boundaries in the virtual reality space to make it truly democratic and accessible for everyone. We are building a fully functional and sustainable multiverse economy to narrow the gap between the existing offline sports or fitness avenues and metaverse," said Shikhar Dhawan.

This soon-to-be-launched multifaceted sports city will be home to cricket stadiums, a sportsplex, a sports café, gym, e-sports zone, cottages running tracks, 3D immersive sports museum, sports library, an arena for other sports and much more. In addition, it is claimed that exciting collaborations with other prominent sports personalities and sports communities are coming up.

"This initiative aims at the development of a sports universe enthusiasts. This will essentially be a sports city built on the latest blockchain-based tech stack, with the idea of evolving into a community-owned and decentralized platform enabling utility token dApps and an XR-based pedagogy ecosystem," said Abhinav Tandon, founder, WIOM.

"This 3D immersive world called metaverse will have the best technological innovation available. Knowing the value of the community-owned platform in web3, this virtual city will have a special place for its residents and users. As a web3 fintech company, our goal will always be to bring futuristic solutions today to the masses," said Vikas Singh, co-founder, Bliv.Club.

As per reports, the global sports market is expected to grow from $354.96 billion in 2021 to $501.43 billion in 2022 at a CAGR of 41.3 per cent, whereas, the global metaverse market is expected to reach a market value of around $1803 billion by 2030 at a CAGR of above 45.8 per cent.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Leadership

How to Break Free From the Cycle of Overthinking and Master Your Mind

Discover the true cost of negative thought loops — and practical strategies for nipping rumination in the bud.

Leadership

How a $10,000 Investment in AI Transformed My Career and Business Strategy

A bold $10,000 investment in AI and machine learning education fundamentally transformed my career and business strategy. Here's how adaption in the ever-evolving realm of AI — with the right investment in education, personal growth and business innovation — can transform your business.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Business News

A University Awarded a Student $10,000 for His AI Tool — Then Suspended Him for Using It, According to a New Lawsuit

Emory University awarded the AI study aid the $10,000 grand prize in an entrepreneurial pitch competition last year.

Science & Technology

3 Major Mistakes Companies Are Making With AI That Is Limiting Their ROI

With so many competing narratives around the future of AI, it's no wonder companies are misaligned on the best approach for integrating it into their organizations.