The 20-year-old Canadian star has taken a step towards a fast-growing financial market for virtual collectibles.
Bayern Munich star Alfonso Davis has become the latest footballer to participate in the world of digital collectibles bought and sold using cryptocurrency.
The 20-year-old will soon release three pieces of virtual art through the soon-to-be-launched Binance Non-Fungible Token (NFT) marketplace. His exact design has not yet been determined, but he will produce artist Jack Perkins and will be associated with the Canadian left-back’s field-on-field career in the Bundesliga.
Davis’s limited edition art will be given to three people through a raffle but can then be sold through a new binary exchange.
Why it matters.
By immersing himself in a technology trend that sees billions of dollars exchanged each year, Davis is taking steps to emerge as a businessman as well as an athlete.
It’s also a mutually beneficial branding ploy, as it adds star power to the Binance NFT Marketplace launch while its personality is tied to a hot topic.
What has been said?
Davis said in a news release, “It’s crazy to see the way the crypto has grown over the years to the point where I feel it’s changing the game now through the NFT and the fans. It also provides another opportunity for real engagement. “
“Away from football, I’m always looking for new technological changes to help me engage with people around the world, and that’s another layer of my digital presence.”
What is NFT?
Experts see digital hoarding – known in the industry as NFT – as a form of innovative investment that is poised to become mainstream in the years to come. They can one day be as extensive as the practice of acquiring physical items to add value over time, such as precious metals, antique furniture or even stamps.
NFTs come in many forms, ranging from virtual trading cards to online art pieces like Davis are ready to help create, and are seen as valuable because of their scarcity. ۔
While they Definitely a threat, They also have the benefits of old school collection. For example, people can immediately buy and sell items through markets such as Binance, where Davis’ art will be traded, and their quality will not deteriorate over time.
Who are the other footballers in the NFT?
Among the biggest supporters are Antoine Griezmann, Gerard Pique and Rio Ferdinand Sorare, a digital football card marketplace that has grown rapidly over the past year.
the aim. Spoke exclusively to industry sources. The future of NFT and football is in jeopardy