NFT tokens and sports betting - where is the connection. What is sports NFT. How and why it is used, features and benefits. Free Super Win app download for betting on Indian rupees.
NFT tokens can be used to digitise and provide reliable protection against copyright infringement and theft of any tangible thing or object. But most importantly, NFT tokens bring the whole sports market to a new level – now fans can not only attend events, cheer for their favourite athletes or teams, place bets and analyse information using the official website or a separate SuperWin app for mobile phones, but also buy and sell NFT tokens. Let’s understand in detail what it is.
NFT-tokens is a unique digital cipher that is a proof of authorship as well as ownership of any object, such as a photograph, video clip, song, painting, meme, comic book. Each of the verified digital files is unique and is a proof of authenticity.
NFT-tokens users can be divided into two categories – sellers and buyers. The first includes collectors, fans, investors, patrons, and so on. The second group includes authors, creators, athletes, bloggers, both beginners and people with a worldwide reputation.
It is impossible to predict which tokens will be in demand and which tokens will have no value. Auctions are held on blockchain platforms like Super Win app – the initial price is set by the author or auction house. The most striking examples of token sales are:
Sports NFTs are unique digital assets created on the blockchain to represent digital sports trading cards, sports moments, digital memorabilia and other types of sports items.
Releasing sports NFTs provides athletes, clubs and sports brands with a new avenue for monetisation and allows fans to connect with their favourite clubs and athletes in a new way.
For example, many fans are willing to pay good money to own limited edition virtual souvenirs of their favourite basketball team or a rare collector’s card of their favourite baseball player. As a consequence, sports NFTs often trade for thousands of dollars (or even more), and the value of some of the rarest items has increased significantly
Athletes do not lag behind artists and regularly present their own tokens at auctions. The most notorious licensed digital artworks were the works of Kode Abdo commissioned by Lionel Messi. The collection includes three objects symbolically depicting the athlete and football – “Man from the Future”, “Price is worth its weight in gold” and “King on a Chessboard”.
The first and leading in the production and purchase of sports NFT-tokens was the United States of America. They have had a system of commemorative cards with players for a very long time, and now fans have the opportunity to immortalise the memory in a digital version. For example, Patrick Mahomes, a player in American football, has launched a series of virtual cards dedicated to himself, with the name “Museum of Magicians”. The price of each piece starts at $15,000.
Russian fighter Khabib Nurmagomedov launched his own collection of cards, consisting of gold ($2.9 thousand per piece), platinum ($29,000) and diamond ($2.9 million). And the last one is in a single variant and gives the right to a personal meeting with the athlete.
Experts, including financier, investor and CEO of Wellcome Keys Worldwide Reinis Tumovs, point out that we will soon see the development of NFT technology and it is likely that tokens will appear in other sports and be issued for individual fights.
Computer game companies are not staying away from the new trend. They offer unique characters, skins and other entertainment content with NFT tokens. Having received the token, players can improve and develop their characters in a new, limited line.
Organisers of cyber competitions in various games have implemented a lot of opportunities. For example, at one of the Counter-Strike championships, tokens on the theme of chicken skins were implemented, thanks to which players were able to greatly promote their characters.
The International champions of Dota 2, team OG painted the legendary rings of champions and put them up for sale on one of the blockchain platforms. Each item cost $200, but fans sold out all the boxes in a matter of hours.
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