Adaverse backs Grintafy to utilise blockchain in football talent discovery
Summary
This partnership marks a significant step in Grintafys transition from Web2 to Web3, leveraging blockchain technology to revolutionise talent discovery in football.Grintafy, established in 2019, has rapidly grown to become the go-to platform for amateur footballers, boasting over 2 million users across its ecosystem. The companys innovative approach to creating digital CVs for players has garnered partnerships with federations, ministries, and both local and international clubs.Vincent Li, Managing Founder of Adaverse, expressed enthusiasm about the investment: "Grintafys vision aligns perfectly with our mission to support transformative Web3 projects. Their established presence in the sports tech industry, combined with their forward-thinking approach to blockchain integration, presents an exciting opportunity for growth and innovation in the Web3 space. Adaverse will provide crucial support in product development, particularly in integrating Web3 native features and enhancing user experience. The company plans to leverage these partnerships to expand its global footprint and introduce innovative features that will redefine talent discovery in football.As the first Web3 VC fund and accelerator in Saudi Arabia, Adaverse continues to play a pivotal role in nurturing the next generation of Web3 startups.