Business News Report
March 09, 2023

Lionel Messi’s VC Firm Play Time Backs Web3 Football Game Startup Matchday’s $21M Seed Round

In Brief

Matchday is creating web3 football games licensed by FIFA.

Sebastien de Halleux, chief gaming officer at Matchday, was an Electronic Arts exec.

The company’s first title, Matchday Squad, is expected to be released in Q2 this year.

Lionel Messi's VC Firm Play Time Backs Web3 Football Game Startup Matchday's $21M Seed Round

Matchday, a startup building web3 football games, has raised $21 million in a seed round backed by Lionel Messi’s venture capital firm, Play Time. Courtside Ventures, Greylock, HackVC, Capricorn Investment Group, and Horizons Ventures also participated in the round.

The company creates casual football games for “5 billion fans” with web3 elements such as NFT digital player cards. Last November, Matchday entered multi-year partnerships with FIFA and FIFPRO for game licensing. Alexia Putellas, the first back-to-back Ballon d’Or Feminin and UEFA Women’s Player of the Year award winner, joined the company as the founding global ambassador, advisor, and investor.

Matchday’s first title, “Matchday Squad,” is expected to be released in Q2 this year. The game will allow fans to compete against each other using player cards. After signing up, fans will receive a free deck of player cards to start building a squad.

“We want every voice to count and every fan to have true ownership,” Matchday co-founder and Chief Gaming Officer Sebastien de Halleux said in a statement. “Our free-to-play experiences are centered around Matchday player cards – featuring real football players – and the amazing community of football fans.”

To build an audience for the game, the company previously released a Matchday Challenge: FIFA World Cup Qatar 2022™ Edition mini-game, gave away 2 million NFT player cards to nearly 600,000 users, and dropped limited FIFA World Cup Genesis cards.

Sebastien de Halleux, co-founder and chief gaming officer at Matchday, was the VP of Business Development & Strategic Partnerships at Electronic Arts. He was formerly the co-founder and COO of Playfish, one of the largest and fastest-growing social video game companies, acquired by Electronic Arts in 2009. 

Messi has been inking major deals in the web3 space. Prior to making an investment in Matchday, Messi joined Sorare as an investor and brand ambassador. He has also signed a $20 million deal to promote the digital fan token platform, Socios.

Meanwhile, the world of football has been making a push into web3 to cash in on the sports memorabilia boom. Sorare has raised $680 million at a valuation of $4.3 billion and has recently signed an NFT partnership deal with the Premier League as well as football clubs like La Liga, the Bundesliga, and AC Milan.

Last November, FIFA partnered with Altered State Machine and Upland to bring football into the metaverse.

Read more:

Disclaimer

In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.

About The Author

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

More articles
Cindy Tan
Cindy Tan

Cindy is a journalist at Metaverse Post, covering topics related to web3, NFT, metaverse and AI, with a focus on interviews with Web3 industry players. She has spoken to over 30 C-level execs and counting, bringing their valuable insights to readers. Originally from Singapore, Cindy is now based in Tbilisi, Georgia. She holds a Bachelor's degree in Communications & Media Studies from the University of South Australia and has a decade of experience in journalism and writing. Get in touch with her via [email protected] with press pitches, announcements and interview opportunities.

Hot Stories
Join Our Newsletter.
Latest News

From Ripple to The Big Green DAO: How Cryptocurrency Projects Contribute to Charity

Let's explore initiatives harnessing the potential of digital currencies for charitable causes.

Know More

AlphaFold 3, Med-Gemini, and others: The Way AI Transforms Healthcare in 2024

AI manifests in various ways in healthcare, from uncovering new genetic correlations to empowering robotic surgical systems ...

Know More
Read More
Read more
HyveDA Unveils X Committee In Partnership With Lido, Lists wstETH As First Collateral
News Report Technology
HyveDA Unveils X Committee In Partnership With Lido, Lists wstETH As First Collateral
November 21, 2024
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
News Report Technology
Bitfinex: Bitcoin Jumps 39.5% In Nine Days, Indicating Surge In Investor Interest
November 21, 2024
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
News Report Technology
Bybit Launches Gold & FX Treasure Hunt Competition, Offering Real Gold Rewards
November 21, 2024
Gate Group Introduces Gate Crypto Card, Offering Seamless Global Crypto Payments For EEA Residents
News Report Technology
Gate Group Introduces Gate Crypto Card, Offering Seamless Global Crypto Payments For EEA Residents
November 21, 2024