Dexnav | Which sports NFT digital collections are worth watching after the Winter Olympics?
The 2022 Beijing Winter Olympics has successfully ended, and this Winter Olympics has not only presented us with wonderful games, but also brought fire to the mascot ice dun dun. And taking advantage of the NFT craze, the official digital blind box NFT has also started to sell. Not only that, the International Olympic Committee (IOC) has even launched a game about the Winter Olympics, through which players can get Olympic NFT digital badges.
In fact, the crypto industry has been exploring the combination of NFT and sports for a long time, and with the huge energy bursting out from the combination, "NFT+Sports" is likely to become the next new windfall. According to a research report, the total value of NFT market will grow from about $14 billion today to $75 billion by 2025, and most of the growth will be driven by sports NFT products.
In fact, the sports sector has started to cooperate with NFT and try to get out of the ring, for example
MLB has licensed the blockchain technology-based NFT digital collectible player card collecting game and released a total of 500 player cards for the 30 teams within the league, allowing users to purchase, hold, and trade officially licensed MLB NFT collectibles.
The NBA was also one of the first sports leagues to explore the NFT digital collectibles market, and in 2019, Dapper Labs announced a partnership with the NBA and the launch of NBA Topshot, the official NFT digital collectibles marketplace. asFlowA sports collection NFT game on the chain, NBA TopShot casts star cards into NFT digital collections, while allowing users to draw and collect cards on the chain, and the NBA Top Shot that is cast into NFT will record the iconic moves of some star players. What's more, these NFT star cards are supported by the official IP license of the NBA, so the value can be guaranteed. According to the latest data, the total transaction amount of NBA TopShot has reached $860 million, and the transaction volume is approaching 15 million, ranking sixth in the transaction amount of NFT collectibles series and first in the transaction volume ranking.
If we talk about popular sports, soccer is certainly not to be missed. As the number one sport in the world, the soccer NFT that deserves attention is Sorare.SorareIt is a NFT collection that uses soccer player cards asEtherBlockchain games, players can form their own teams by purchasing NFT star cards certified by their clubs or leagues and then participate in 5v5 virtual tournaments. For the owner of the NFT digital collection, whether it is a professional sports league, an individual player or a club, the future sale of the digital assets, as well as the original sale, can generate corresponding revenue, thus achieving a win-win situation. In addition, if a portion of the fan base can be "diverted" to the NFT market, it can undoubtedly play a role in boosting the industry and bring more fresh blood to the trading platform, further expanding the size of the user base.
At this stage, explore sports NFT digital collectibles of niche class sports mainly focus on the field of racing and boxing, such as F1 Delta Time has been officially licensed by F1, replicating the superb professionalism of F1, moving the F1 track to the game scene, while with the help of a variety of intrinsic details, allowing players to feel the diversity and richness of the game. With the support of NFT digital collection function, those parts NFT digital collection can also be easily traded on the trading platform, so players can get more powerful equipment and win good results on the race track. More noteworthy is that F1 Delta Time has chosenPolygonBlockchain instead of ethereum means that players pay significantly lower gas fees when trading NFT digital collectibles, and the cost of the game is further optimized.
And in the boxing market, the more noteworthy hit Hall of Famer Floyd Mayweather launched theFloyd Mayweather Jr. NFTIt's worth noting that Floyd Mayweather Jr. It's worth noting that Floyd Mayweather's NFT program incorporates a number of "offline elements," such as the opportunity for Floyd Mayweather Jr. NFT subscribers to participate in his life and career and gain access to Mayweather's virtual and real-life gatherings.
To sum up
The combination of NFT and sports is likely to become the next wave of the crypto industry and a future trend. The users and fans' recognition and acceptance of IP and sports idols will attract more capital attention, and the economy of "NFT + sports" will shape a more efficient and reasonable business model with economic benefits.
With professional leagues like soccer, basketball and baseball investing in the digital space, fans could see the intersection of digital and tangible NFT digital collectibles being used as a marketing tool to engage fans in the near future, which satisfies fans without going against the spirit of the sport, while opening the door to a new world of sports NFT. And for investors looking for more than just price appreciation for NFT digital collectibles, and are beginning to look more at how they can play a greater practical value.