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…