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We’re talking about the likes of golf great Tiger Woods, sprint sensation Usain Bolt, skateboarding icon Tony Hawk, United States gymnast Simone Biles and, of course, Brady himself, all offering their own unique NFTs to collectors around the world.Ĭoming next week on I've retired five signature tricks, offering them in a collection that will last forever. The platform has onboarded the biggest names in American sports, as well as influential figures from the world of Hollywood’s actors, musicians and other entertainment figures to mint and sell unique digital collectibles. He made headlines in April, launching his very own NFT marketplace called Autograph. The world of American Football has also entered the space at both a player and team level. Tom Brady has written himself into the NFL history books and has become a commanding figure in the business and entertainment world as a bi-product of his success on the field. The most expensive NBA Top Shot NFT, a legendary card featuring a dunk from Lebron James, sold for a mind-boggling $230,000 back in October 2020. The NBA has blazed the trail in this regard, turning video highlights from season games into NFT collectibles that have generated hundreds of millions of dollars of revenue through the NBA Top Shot platform. The emergence of NFTs has converted this to a digital domain where fans can acquire, trade and flaunt valuable NFTs on blockchain-powered marketplaces and platforms.
In the past, one-of-a-kind collectibles and memorabilia gave lucky fans bragging rights over their friends and family. Sports have always been a mainstay of the entertainment industry, serving up unrivaled and unscripted moments that leave an indelible mark on fans around the world. The entertainment industry has been at the forefront of this expansion with artists, musicians, celebrities, brands, institutions and content creators diving headfirst into the NFT craze to serve fans and collectors their own unique digital collectibles. Nonfungible tokens (NFTs) have become a household word over the past 12 months. In this New Years Special, Cointelegraph highlights the ever-growing relationship between crypto and sport through 2021. Humble beginnings of simple sponsorships building early brand awareness for exchanges and payment platforms have snowballed into worldwide recognition and collaboration between the sectors, with 2021 seeing a variety of different use cases come to the fore.įrom the basketball courts of the NBA to the soccer fields of Europe, crypto continues to build exposure to new users and markets. The relationship between the sports world and the various applications of cryptocurrencies and blockchain technology has slowly been expanding over the past few years. From NFTs to naming rights, here are the highlights.ġ5342 Total views 40 Total shares Listen to article 0:00Ĭryptocurrencies and sport have continued to collide in 2021 with synergies between the two proving to be fruitful on a number of fronts.
The world of sports became a perfect representation of how fast crypto is being adopted all around the globe.