Bundesliga: VfL Wolfsburg publishes a whitepaper on Web3 strategy

VfL Wolfsburg (Bundesliga), in conjunction with Volkswagen (the club's owner), the Deutsche Fußball Liga and the audit and consultancy firm Deloitte, has published a whitepaper on Web3 strategy, on 29/01/2024.

The document intends to answer the following questions:
• "What is the relevance of the internet's evolution for football clubs?
• Why is Web3 important for VfL Wolfsburg from an innovation perspective?
• How is the current Web3 market developing?
• What are the so-called tipping points at which the 'new' internet will become irreversible?
• Why do Web3 projects fail?
• What opportunities arise for football clubs?
• What specific actions does VfL Wolfsburg want to take?"

"Setting standards in the field of innovation is an endeavor that VfL Wolfsburg has often put into action. Be it the installation of a professional esports team, the establishment of various NFT partnerships or presence in the largest decentralised metaverse Decentraland. The Wolves continue to pursue the high standard of being pioneers rather than followers in their digital activities. Together with renowned…