Non-fungible In a short period of time, tokens are extending their wings and enthralling every business. NFT sales are soaring at an exponential rate that shows no signs of slowing down. Can you believe that even plane tickets are now considered non-tradable and were just sold for $1 million? It's no surprise that NFTs have also taken over the sports business. Fans have been flocking to the Sports NFT marketplace since the NBA top shot—the first-ever sports-based NFTs—arrived. This is not only to express their dedication, but also to celebrate their ownership of exclusive blockchain sports content.
NFTs with utilities
When people said, Sports NFTs were exploiting the loyalty of fans; many NFT collections came out to prove them wrong. Some of them are
- Italian Soccer club, Como 1907, released their NFT that proffered various utilities to the NFT holder. It includes lifetime season tickets to watch home matches, two first-class flights to Como from wherever the NFT holder is, and a three-day trip complete with tours and many more.
- The NFL is getting into NFT tickets, giving the fans access to selected games. NFL released their Virtual Commemorative ticket for the fans to enjoy the game in person, as well as giving them the trading option on the sport NFT marketplace.
- With Metaverse slowly emerging, NBA Topshot is getting into NFT real estate where the NFT buyers can get a chance to own a specific seat on a stadium in the metaverse and witness the events in the metaverse easily.
Upshot
With blockchain technology taking over the current phase of the internet, NFTs will hold the future of taking every industry within it. While NFT marketplace platforms are taking charge of giving easy access to every NFT, NFT based on games and sports are taking an acute space in it. The NFT community is growing and eagerly awaits many exciting collections and P2E games entering the market. The invincible NFTs are on their well-made path to captivate the world soon!
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