In 2014, shortly after the launch of the famous Ethereum, Gavin Wood, then co-founder of Ethereum, proposed the concept of Web3. In 2021, Web3 was mentioned again and received attention.

Web3 is a new and better vision for the Internet, an all-encompassing future form of Internet organization.
The core of Web3 is to use blockchain, cryptocurrency and NFT to return power to users in the form of ownership.

Web3 is a young and thriving ecosystem with unlimited possibilities.
There are many sub-tracks in Web3, and the wish list includes:
DeFi, GameFi, Metaverse, SocialFi, NFT, DAO, etc.
At the same time, integration is also a new trend.

In sports Web3, NFT is the simplest and most convenient sports digital asset, but it should be noted that If sports NFT is issued in a split, or when the underlying assets of NFT are assets with securities characteristics such as stocks, NFT will be identified as securities and need to comply with relevant securities regulations.