 blockchain. The Web3 experience lets fans earn redeemable rewards through arcade-style challenges while building anticipation for Sweet's new utility token.Sweet's Gamified Sports EcosystemThe New York-based company continues expanding its roster of league){kind=link}
Blockchain sports platform Sweet has unveiled ‘Sky Slam’, a basketball-themed mini-game launching ahead of its $SCOR token debut on The Open Network (TON) blockchain. The Web3 experience lets fans earn redeemable rewards through arcade-style challenges while building anticipation for Sweet’s new utility token.
Sweet’s Gamified Sports Ecosystem
The New York-based company continues expanding its roster of league partnerships after successful deployments with MLS and NHL franchises. Sweet’s platform now hosts 14 professional sports organizations offering digital collectibles and interactive experiences.
Sky Slam introduces three key features:
- Time-limited scoring challenges with real NBA highlights
- Progressive reward tiers unlocked through social sharing
- Early access to limited-edition NFT collectibles
The $SCOR Token Economy
Developed by the SCOR Foundation, the ERC-20 compatible token will enable:
| Use Case | Description |
|---|---|
| In-app upgrades | Unlock premium game modes |
| Merchandise redemption | Swap tokens for physical/digital goods |
| Governance | Vote on future game features |
Fans accumulate Gems through gameplay that convert to $SCOR at a 100:1 ratio post-launch. Sweet CEO Tom Mizzone told Decrypt: ‘We’re bridging casual gaming with tangible rewards through blockchain’s unique capabilities.’
TON Blockchain’s Sports Bet
The partnership continues TON’s push into mainstream adoption through sports integrations. Telegram’s native blockchain now processes over 4M transactions daily, with Sweet’s SCOR integration marking its first major North American sports deal.
Market analysts note the timing coincides with renewed institutional interest in sports-related crypto projects. NFT sales volume across major platforms reached $304M in September 2024 according to CryptoSlam data, down 95% from 2022 peaks but showing stabilization.
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Market Impact: Sweet’s tokenized rewards system could pressure legacy loyalty programs from rivals like Socios and DraftKings. The TON blockchain’s low fees position it to capture mobile-first users, though regulatory scrutiny around gamified finance remains a key challenge.