{"id":16426,"date":"2021-09-14T12:53:42","date_gmt":"2021-09-14T12:53:42","guid":{"rendered":"https:\/\/www.openbusinesscouncil.org\/?p=16426"},"modified":"2022-10-06T08:41:18","modified_gmt":"2022-10-06T08:41:18","slug":"football-legend-ronaldinho-weighs-in-his-first-ever-nfts-collection","status":"publish","type":"post","link":"https:\/\/www.footballthink.com\/football-legend-ronaldinho-weighs-in-his-first-ever-nfts-collection\/","title":{"rendered":"Football Legend Ronaldinho Weighs In His First-Ever NFTs Collection"},"content":{"rendered":"
Influxo is the premiere creative NFT studio. It launched an integrated market place with the limited-edition collection featuring Ronaldinho, two-time FIFA World Player of the Year. This has been an innovative move that collaborates the two separate worlds of sports and NFT to come together.<\/strong><\/p>\n \u201cSports clubs and sports personalities have always been at the forefront of the new concepts and technologies and it is no different with NFTs. There is a great fit between both NFTs and sports and they certainly add a lot of value for each other\u201d. <\/em>said Ronaldo de Assis Moreira, popularly known as Ronaldinho, former professional footballer and the first superstar athlete with an NFT collection on Influxo. Check out what are the most expensive football cards<\/a>.<\/p>\n The sport industry is exploring NFTs in different ways but always with the ultimate goal of getting closer to their fans by providing new experiences and as a way of broadening their revenue streams.<\/p>\n The first form of NFTs that companies are exploring is that of digital content. The most well-known case to date is the highly successful NBA Top Shot. A collaborative project between blockchain company Dapper Labs and the NBA to establish the well-known sport-related NFT applications. This provides the marketplace for the fans to purchase and sell highlight video clips of top-class basketball games. These reels are coupled with NBA-licensed digital items. These licenses mean the owner may not have the right to reproduce or get profit from the clips but can own a license to use, copy and display these highlight clips. The platform has successfully satisfied the fan\u2019s demand of buying and collecting athletes’ valuable belongings. NBA Top Shot has received around $500 million in sales so far.<\/p>\n Another option that NFTs and blockchain allows for is the creation of fan tokens. This NFT application lets fans have exclusive access, VIP rights, and some influence over certain decisions related to the sports team. In 2020, the Spanish football club, FC Barcelona issued its fan token ($BAR) and got an impressive $1.3 million in less than 2 hours after the tokens hit the market. The token has so far reached 106 different nations and provided fans many fascinating opportunities, including the decision for the design of murals inside the team\u2019s locker room.<\/p>\n The sport NFT application in Virtual Real Estate is one of the innovative use cases of NFT. The individual can own the unique virtual real estate related to the football team. Owning a seat in the virtual stadium can give the owner the right to watch exclusive stadium events and have an appearance from sport starts. This platform will be the potential section for sports clubs and athletes to exploit and create valuation.<\/p>\nNFTs and The Sport Industry<\/strong><\/h2>\n