Most sports fans think of basketball when you say the name Magic Johnson in sports news, or any sort of news in general. He is, after all, one of the most celebrated basketball players of his time. What many do not know, is that Magic Johnson is also a smart businessman, and has delved in quite a few industries. One of his latest, is an investment in metaverse gaming such as eSports, Web3, sports, gaming, and more.
Magic Johnson has invested in SimWin Sports. This is a digital sports league made up of teams with sports star and celebrity owners. He has purchased both a football and a basketball franchise in SimWin. Other popular owners are LaMelo Ball, Marshall Faulk, Penny Hardaway, and Mike Singletary. But what is SimWin? Will it grow into a popular league for those who bet on eSports to try?
Magic Johnson and SimWin
SimWin, an eSports league is built on proprietary Web3 technology. Here, investors can own from multiple league revenue streams, salaries, bonuses, fantasy sports revenue, and other marketplace revenues. It is, in simple terms, a blending of gaming, eSports, fantasy league and sports. Definitely a new venture that those who use bookie management software can learn.
The SimWin league uses AI player performance models which will allow the digital athlete to develop throughout a season. They will have hot and cold streaks, atrophy, and career growth. It creates one of the most accurate simulation of traditional sports. Basically, it’s meta sports. This, for those into sports betting, will be another avenue to explore, and potentially earn from.
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