Even if you are not interested in technology, you surely have heard about non-fungible tokens (NFTs) at least from a well known figure or from your favourite company. Today, NFTs are so widely used that they have taken over every industry and nook and cranny of the globe. NFTs have been used or at least attempted to be used in every industry imaginable, thus there wouldn’t be any sectors that haven’t tried employing them yet. Even before the anticipated NFT boom in 2021, sports NFTs are gaining popularity. Some current NFT uses in the sport industry are followed.
Sports NFTs!
The first widely used Sport NFT that attracted many NBA fans was NBA Top Shot. Fans could acquire tradeable ownership of incredible NBA moments through Top Shot (videos). This led to the adoption of NFTs for fan participation in other sports, including the NFL, Soccer, Cricket and many more. Nevertheless, this time they are not just providing NFTs; they have also developed other creative concepts. NFTs and digital playing cards were introduced. Also, there have been playing card NFTs from famous players that have been started for charitable and environmental causes. Indeed, these sport NFTs received a resoundingly positive response from sports lovers, who bought them from sports NFT marketplace.
Conclusion
NFTs are not just included in the circumstances described above. Sports NFTs can even be used for ticketing games or matches, among other things. Also, there is a sports-based gaming sector that provides a play-to-earn platform so that people may both love sports and get passive revenue from them.
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