Friday, March 31, 2023
  • Login
  • Register
btclive365.com
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency
No Result
View All Result
btclive365.com
No Result
View All Result
Home NFT

Ballon D’Or Football Awards To Laud Winners with NFTs.

btclive365 by btclive365
November 9, 2022
in NFT
0
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


Did you know that the NFT (Non-Fungible Token) sports collectibles market is slated to reach a whopping $2.6 billion in 2022. But, what is the reason behind their massive popularity and huge demand? Sports NFTs give loyal fans creative ways to support and boost their favorite team’s morale. 

When we look at the flip side, sports organizations are also at an advantage as they can earn benefits from a new revenue stream by issuing digital collectibles. The best part is that it is not limited to attending live sports events. 

Fans can interact with the athletes in virtual environments, including metaverse, AMAs, and meet-and-greets. Sports fans can even collect digital trading cards, virtual memorabilia, and other sports items to preserve their special moments forever. 

Wait, there is more to it! 

Recently, Organizers of the Ballon d’Or, the most prestigious individual award for professional footballers, announced that their winners would receive a trophy and NFTs. 

NFTs and Trophy: A Win-Win

The award was unveiled during the 66th ceremony, and the public will also have an opportunity to buy other collections related to the prize.  Not only will the best male and female football players receive the NFT award, but the collectibles will also be offered with the 

  • Kopa Trophy (best hope)
  • Machine Trophy (best goalkeeper)
  • Müller Trophy (best striker)

In this case, athletes, clubs, and sports brands will be gaining a new monetization avenue, and football fans will be able to bond better with their favorite clubs and athletes. 

This is one of the reasons why sports NFTs are traded for thousands of dollars or more. The good thing here is that the value of the rarest pieces has grown exponentially since they were minted. 

Ballon d’Or Long-Term Strategy

NFTs have made their way into the media group’s long-term strategy. As per insiders, the first collection will be followed by Equipe and Amaury groups, who wish to lay down a sustainable path in the Web3 world. To further their vision, the media group has joined hands with blockchain platform Tezos and Door-Sport. Even Émilie Montané, director of strategy Equipe, suggests that the NFT marketplace has stabilized and is the right time to venture into NFTs. She further said it was a speculative phenomenon, but now with ample buyers, they can own this NFT and do whatever they want. Besides, it will serve as a vital element of communication. 

The award will further join other sport-related establishments and bolster metaverse and NFTs. Montane added that they had done their due research on the sector before deciding on an entry strategy. 

Ballon d’Or NFT Auction

Besides, three NFTs will be also put up for auction, giving holders VIP access to the awards ceremony scheduled for October 17, 2022. Furthermore, other NFTs have been lined up for sale after the event. While all this sounds like a very lucrative and money-minting affair, some portion of the proceeds of the sale will be donated to support charity work at the Fondaction l’Équipe, which supports sports-related projects. Some of the football entities that will be venturing into NFTs include the coveted English Premier League. As per confirmed sources, EPL has filed for several trademarks. 

Is it Worth Betting on Sport NFTs?

Well, it is worth the investment. Be it the association of high-profile names, the allure of athletes, or diversifying your investment portfolio, sports NFTs are creating headlines all over the globe. Moreover, leading NFT companies, including Dapper Labs and Sorare, have managed to secure licensing deals with some of the biggest sports leagues in the world. This has further enabled sports fans to get involved with their favorite clubs and athletes in a new way in the digital realm.

Sports NFTs have urged knowledgeable collectors to amass good returns by betting high stakes on the right collectible cards and virtual memorabilia and selling them at the peak of the NFT boom.  Yes, the market is stable now and not as hot as it was in 2021. But, the number of sports fans entering the NFT space will surely push the value of sports NFTs higher in the years to come. However, it has a dark side, too, as the NFT market can be extremely volatile at times, especially if an NFT brand loses a licensing agreement. Thus, ensure you don’t dip your feet too deep in murky waters, as there are chances of losing money in the NFT market. 

But, if you are willing to pay the price and are too fond of the collectible, sports NFTs may be your cup of tea. 

Wrapping Up

Well, this was all about sports NFTs. But what if you wish to launch your own NFT and are afraid of being a non-techie? Cast aside your worries! 

Your one and only no-code Whitelabel NFT marketplace – NFTICALLY, is here to solve all your issues and help you launch your store and marketplace minus the hassles in just a few minutes. 

So, what are you waiting for? 

Let’s join hands and make your Web3 dream come alive!



Source link

Previous Post

How 2 CEO’s Just Crashed Crypto [-88%]

Next Post

KyberSwap partners with Fringe Finance to support KNC as collateral | by Kyber Network | Oct, 2022

btclive365

btclive365

Next Post

KyberSwap partners with Fringe Finance to support KNC as collateral | by Kyber Network | Oct, 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected test

  • 23.8k Followers
  • 99 Subscribers
  • Trending
  • Comments
  • Latest

How to sell Bitcoin – Bitcoin Magazine

November 9, 2022

Add a Tangible Asset to Your Portfolio: Buy Gold

January 7, 2023

Building Bitcoin Standard In Portugal – Bitcoin Magazine

November 9, 2022

USD/ZAR Rallies as SA President Ramaphosa Faces Potential Impeachment

December 1, 2022

Bitcoin price hits 2-week lows as FTX ‘bank run’ drains BTC reserves

1

Building Homesteader Lifestyle With Bitcoin – Bitcoin Magazine

1

Arbitrum dealings activity rockets 550% since August: Delphi Digital

0

Bitcoin․com Doubles Down on Self-Custody With Launch of Verse DEX – Press release Bitcoin News

0

US annual Core PCE inflation declines to 4.6% in February vs. 4.7% expected

March 31, 2023

Bitcoin white paper makes its F1 racing debut on Kraken-sponsored car

March 31, 2023

Crypto Twitter Outrageous As Binance Halts Institutional Withdrawals In France

March 31, 2023

GBP/USD cable eases after mixed UK data

March 31, 2023

Recent News

US annual Core PCE inflation declines to 4.6% in February vs. 4.7% expected

March 31, 2023

Bitcoin white paper makes its F1 racing debut on Kraken-sponsored car

March 31, 2023

Crypto Twitter Outrageous As Binance Halts Institutional Withdrawals In France

March 31, 2023

GBP/USD cable eases after mixed UK data

March 31, 2023

We deliver up-to-date, breaking crypto news about the latest Bitcoin, Ethereum, Blockchain, NFTs, and Altcoin trends and happenings

Follow Us

Browse by Category

  • Altcoins
  • Bitcoin (BTC)
  • Blockchain
  • Crypto Mining
  • Cryptocurrency News Today
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

Recent News

US annual Core PCE inflation declines to 4.6% in February vs. 4.7% expected

March 31, 2023

Bitcoin white paper makes its F1 racing debut on Kraken-sponsored car

March 31, 2023
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2022 btclive365 All Right Rivered .

No Result
View All Result
  • Home
  • Cryptocurrency News Today
  • Bitcoin (BTC)
  • Altcoins
  • Blockchain
  • Crypto Mining
  • CryptoCurrency Predictions
  • Defi
  • Dogecoins
  • Earn Crypto
  • Ethereum (ETH)
  • Forex Trading
  • ICO
  • Litecoin ( LTC )
  • NFT
  • Ripple
  • Trend cryptocurrency

© 2022 btclive365 All Right Rivered .

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In