A new PwC report says NFTs are the future of digital assets in sports as they can fundamentally alter how fans consume sports and interact with their favorite teams so let’s find out more in today’s latest crypto news. Nonfungible tokens or NFTs and digital assets are one of the ten major trends in the […]

NFTs, cryptocurrencies, and blockchain tech may soon be coming to the gridiron.

Bullish FLOW price prediction is $7.28 to $13.11. The FLOW price will also reach $15 soon. FLOW bearish market price

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The National Football League (NFL) has announced that the organization plans to give its fans virtual commemorative tickets in the form of non-fungible tokens (NFTs) for those who attend the upcoming Super Bowl LVI in Los Angeles. The NFT giveaway comes through a partnership with the world’s largest ticket marketplace Ticketmaster where each NFT will be unique to each attendee, with the section, row, and seat from their real ticket. Hosted on the Polygon (MATIC) blockchain, the digital tokens will be released once per day beginning on Feb. 6 and ending on Feb 13 with new club-specific NFTs for the Los Angeles Rams and Cincinnati Bengals released on Feb. 2. In addition to the NFL’s virtual commemorative NFT tickets, the American football league also plans to launch a series of seven historic commemorative NFTs highlighting the past Super Bowls hosted in the city of Los Angeles. Commenting on the development, Senior VP of Club Business Development for the NFL Bobby Gallo stated: “Collecting ticket stubs has always been something our fans love to do, especially for the season’s biggest game, and offering customized Super Bowl NFTs allows us to enhance the gameday experience, while also enabling us to further evaluate the NFT space for future ticketing and event engagement opportunities” Sports NFTs are a Movement This is not the first time the American football organization attempted at utilizing NFTs where tickets are concerned. Back in November 2021, the NFL distributed a total of 250,000 NFTs to fans who purchased their tickets for select games through SeatGeek, StubHub, or Ticketmaster. Earlier last year, the league also formed a partnership with blockchain firm Dapper Labs to create NFL All Day, which is similar in nature to the NBA Top Shot. The NFL’s commemorative tickets are similar to Coachella’s recent NFT tickets except they act as lifetime tickets to the festival. In October 2020, FTX crypto exchange purchased an ad for the Super Bowl. Similarly, Canadian crypto exchange BitBuy also booked a commercial during the big game with Miami Heat guard Kyle Lowry.

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There’s a long road before consumers believe that crypto and NFTs are secure, and they become universally accepted. How do we get there?

Blockchains used to be known for cryptocurrencies only and maybe dApps. However, this was…

The post Top 5 NFT collections to buy in 2022 appeared first on Coin Journal.

January 24, 2022       /       Unchained Daily       /       Laura Shin Daily Bits ✍️✍️✍️ Bitcoin’s network mining difficulty jumped ~9% to an all-time high[...]

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The NBA collectibles marketplace that started the NFL boom almost a year ago is rebounding after a Kevin Durant ad.

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Ultimate Fighting Championship (UFC) is lunging into non-fungible tokens (NFTs) with the launch of UFC Strike, its own NFT marketplace in partnership with Dapper Labs, the companies announced Thursday. Dapper Labs is, of course, the creator of the popular basketball NFT marketplace NBA Top Shot, which UFC’s product is closely mirroring in its style. The…

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What's driven the surge in NFT popularity?

Animoca Brands, an investor in non-fungible token (NFT) and metaverse projects, raised almost $360 million at a valuation of $5.5 billion. The funding round represents a doubling in Animoca's value in less than three months. The venture capital firm raised $65 million at a $2.2 billion valuation in October last year. Liberty City Ventures led…

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