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IBA to Launch Global Boxing House Metaverse Using Its Own Cryptocurrency

The International Boxing Association (IBA) will launch the Global Boxing House metaverse in the fourth quarter of this year, which it says will “open a new era in boxing.”
The platform will include a virtual reality (VR) box, VR training, non-fungible tokens, “fan tokens”, a VR fighting arena, and its own cryptocurrency.
The latter will be used as the payment method for all software, including sports betting and subscriptions to online matches and boxing tournaments.
“Given the fact that boxing is considered the sixth most important sport with an audience equivalent to 540 million people, this sport is of particular interest to the sports community as a whole,” the IBA said in a statement.
“There is no example in the world that an official sports association is the developer of its own metaworld.
“David Suleimanov, an IT professional with an excellent track record in project development, marketing and growth, was brought in to develop such a large IT platform.”
The platform is said to include the latest technology for live streaming of matches and tournaments, ticketing and betting.
It is hoped that the VR training system will create an industry of boxing trainers to train thousands of young athletes at the same time, rather than a few, and “transform and digitize the training process.”
The move comes as the IBA is looking to reach a younger audience and a digital presence is seen as the way forward.
The International Olympic Committee (IOC) is fighting to keep boxing in the Olympics after the International Olympic Committee (IOC) expressed serious concerns about management.
The IOC has warned that boxing is not included in the original program of the 2028 Games in Los Angeles and may also be excluded from the program of the 2024 Games in Paris.
The body that suspended the IBA in 2019 now oversees boxing in the French capital, which also organizes competition at the rescheduled Tokyo 2020 Olympics in 2021.
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Owen Lloyd is an insidethegames.biz reporter who joined the team in 2021. Lloyd previously worked with Badminton UK at the All England Open, covered the 2019 general election and hosted a radio show on local station Voice FM. He graduated from Solent University in 2021 with a 2-1 score and his latest sports journalism project was about diversity in rowing.
When British figure skaters Jane Torvill and Christopher Dean won the 1984 Sarajevo Olympics with a score of 6.0 out of 12 for Maurice Ravel’s Bolero, a key member of their ice dancing gold medal team was singer and actor Michael Crawford. . Crawford, who played Frank Spencer on the British sitcom Some Mothers Do ‘Ave ‘Em and starred in the musical The Phantom of the Opera, became the couple’s mentor in 1981 and continues to help them build their Olympic programs. Crawford said he “taught them how to act”. He was on the sidelines in Sarajevo along with their coach Betty Callaway when they created one of the most iconic moments in Olympic history.
Founded in 2008, Infinity Sports Travel (IST) is a global brand with the biggest sporting events at its core, offering an unrivaled offering of industry-leading events. This company is passionate about providing high quality service, great and competitive prices, and making every favorite sporting event a unique moment. For seasoned ticket salespeople, this is a great opportunity to work at the Rugby World Cup France 2023. We are looking for an experienced, motivated, driven and organized individual for the position of Ticket Sales Manager. The position comes with a high degree of responsibility and previous experience in a number of major sporting events is essential. They will be responsible for the distribution and sale of tickets, cabins on cruise ships and hotel rooms.
2023 marks the 125th anniversary of the St. Moritz Bobsleigh Club, which currently hosts the International Bobsleigh and Skull and Bones Federation World Championships, and Philip Barker looks back on the site and region’s historic sport closely associated with winter.
For nearly 15 years, insidethegames.biz has been at the forefront of fearlessly covering what’s happening in the Olympic movement. We became the first site without paywalls and made news about the IOC, the Olympic and Paralympic Games, the Commonwealth Games and other important events more accessible than ever to everyone.
insidethegames.biz is known all over the world for its excellent reach and wide reach. For many readers from over 200 countries, the site is an important part of their daily lives. We deliver our free daily email alerts at 6:30am UK time, 365 days a year, and hit their inboxes just as routinely as they drink their first cup of coffee each day.
Even during the most difficult times of the COVID-19 pandemic, insidethegames.biz maintains high standards by reporting daily on all the news from around the world. We were the first publication in the world to show that the Olympic Movement was facing the threat of the coronavirus, and have been covering the pandemic ever since.
As the world begins to emerge from the COVID crisis, insidethegames.biz invites you to help us on our journey by funding our independent journalism venture. Your vital support will mean that we can continue to cover the Olympic Movement and the events that affect it in such a comprehensive manner. This means that we can make our site accessible to everyone. Nearly 25 million people read insidethegames.biz last year, making us the world’s largest independent news source for sports news.
Every donation, no matter how big or small, will help maintain and increase our global reach in the coming year. Last year, our small but dedicated team was very busy covering the rescheduled Olympic and Paralympic Games in Tokyo, an unprecedented logistical challenge that has strained our stretched resources to the limit.
The rest of 2022 will not be less hectic or less challenging. We hosted the Winter Olympics and Paralympics in Beijing, we sent a press corps of four, followed by the Commonwealth Games in Birmingham, the Summer World University and Asian Games in China, the World Games in Alabama, and multiple World Games championships. Plus, of course, the World Cup in Qatar.
Unlike many other sites, insidethegames.biz is available for everyone to read, regardless of their ability to pay. We do this because we believe that sport belongs to everyone and everyone should be able to read the information regardless of the economic situation. We strive to share information with as many people as possible, while others seek to profit financially from it. The more people can keep abreast of world events and understand their impact, the more transparency sport will need.
Support inside thegames.biz for just £10 – it only takes a minute. If you can, please support us with a fixed amount each month. Thank you.


Post time: Jan-30-2023