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Implementing trades of the National Football League Draft on blockchain smart contracts
International Journal of Sports Marketing and Sponsorship ( IF 3.0 ) Pub Date : 2024-01-12 , DOI: 10.1108/ijsms-09-2023-0185
Mathew B. Fukuzawa , Brandon M. McConnell , Michael G. Kay , Kristin A. Thoney-Barletta , Donald P. Warsing

Purpose

Demonstrate proof-of-concept for conducting NFL Draft trades on a blockchain network using smart contracts.

Design/methodology/approach

Using Ethereum smart contracts, the authors model several types of draft trades between teams. An example scenario is used to demonstrate contract interaction and draft results.

Findings

The authors show the feasibility of conducting draft-day trades using smart contracts. The entire negotiation process, including side deals, can be conducted digitally.

Research limitations/implications

Further work is required to incorporate the full-scale depth required to integrate the draft trading process into a decentralized user platform and experience.

Practical implications

Cutting time for the trade negotiation process buys decision time for team decision-makers. Gains are also made with accuracy and cost.

Social implications

Full-scale adoption may find resistance due to the level of fan involvement; the draft has evolved into an interactive experience for both fans and teams.

Originality/value

This research demonstrates the new application of smart contracts in the inter-section of sports management and blockchain technology.



中文翻译:

在区块链智能合约上实现国足选秀交易

目的

演示使用智能合约在区块链网络上进行 NFL 选秀交易的概念验证。

设计/方法论/途径

作者使用以太坊智能合约对团队之间的几种类型的选秀交易进行了建模。示例场景用于演示合同交互和草稿结果。

发现

作者展示了使用智能合约进行选秀日交易的可行性。整个谈判过程,包括附带交易,都可以数字化进行。

研究局限性/影响

需要进一步的工作,将草稿交易流程整合到去中心化的用户平台和体验中所需的全面深度。

实际影响

缩短贸易谈判过程的时间可以为团队决策者赢得决策时间。准确性和成本也带来了收益。

社会影响

由于粉丝的参与程度,全面采用可能会遇到阻力;选秀已经发展成为球迷和球队的互动体验。

原创性/价值

这项研究展示了智能合约在体育管理和区块链技术交叉领域的新应用。

更新日期:2024-01-12
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