CR7 NFT Collection: Cristiano Ronaldo and Binance launches their First NFT Collection
The highly awaited 2022 FIFA Men’s Football World Cup in Qatar has already started on November 20 and will end on 18th December. As the most popular worldwide sporting event, it is projected to draw billions of viewers, breaking the previous World Cup’s record. Initially, the report says that 3 million individuals from across the world had ordered tickets, eager to see the combat live after more than two years of Covid restrictions. Football is worth around $600 billion, considerably outnumbering any other sport in terms of value and income.
Since last year’s bull run, NFTs have grown in popularity. While numerous big institutions have been harshly critical of them, a few groups have succeeded in establishing themselves as powerful entities in the sector. BAYC, CryptoPunks, and other ventures have produced millions of dollars in income in a relatively short period of time.
However, the community appears to be paying notice as Christiano Ronaldo, often known as CR7, announced his cooperation with Binance for his first-ever official NFT collection. The footballer, on the other hand, was not met with only acclaim and respect. A handful of fans appear to have criticized his decision to unveil the NFT collection immediately after lashing out at his present football team.
Binance, the world’s top blockchain ecosystem, and most prominent cryptocurrency exchange development platform has announced the debut of Cristiano Ronaldo’s first NFT collection, featuring the five-time Ballon d’Or winner and one of the world’s best soccer players.
Ronaldo’s NFT Partnership with Binance
Christiano Ronaldo is a world-class footballer with an impressive track record. He has won seven league titles, five champions leagues, and the UEFA European Championship during his career, totaling 32 trophies. He has also received five Ballon d’Or honors and four European Golden Shoes.
He is also an internet sensation, with the most followers on the social networking site Instagram. Naturally, such a celebrity’s NFT debut has the potential to destabilize the market even during the present crypto cold. That is exactly what occurred.
Ronaldo tweeted on November 15 about his collaboration with Binance to publish an NFT collection that would be accessible to all customers. In the tweet, it was suggested that utilizing his promo code would allow users to register for the Binance exchange and enter to win unexpected presents. The compilation was released on November 18th and sold in enormous numbers. Four categories of rarity—Normal, Rare, Super Rare, and Super Super Rare—are used to categorize the collection.
The NFTs will highlight Ronaldo’s professional accomplishments in order of rarity. Ronaldo’s code will allow the first 1.5 million people who register on Binance to be eligible for the aforementioned surprise. The Binance NFT Marketplace will feature Super Super Rare NFTs for auction.
Components of Cristiano Ronaldo’s NFT
The inaugural collection will include seven moving sculptures reflecting legendary Ronaldo events, ranging from career-defining bicycle kicks to childhood recollections in Portugal. His NFT collection consists of seven moving statues with four different rarity levels: Super Super Rare (SSR), Super Rare(SR), Rare (R), and Normal (N). Furthermore, each NFT monument depicts a notable moment in Ronaldo’s life, ranging from his career-defining bicycle kicks to his early years in Portugal.
The Binance NFT market will run an auction for the 45 highest-valued CR7 NFTs (5 SSR and 40 SR). Furthermore, following a 24-hour auction period, NFTs will be awarded to the highest bidder. Furthermore, the SSR and SR bid prices will begin at 10,000 and 1,700 BUSD, respectively.
Furthermore, the price for the remaining 6,600 NFTs (600 R and 6,000 N) on Binance will be 77 BUSD for the Normal rarity.
Furthermore, each rarity level will have its own set of perks, such as:
- Cristiano Ronaldo’s personal message
- Binance and CR7 autographed merchandise
- Access to all future CR7 NFT drops is guaranteed.
- Complimentary Mystery Boxes CR7
- Participation in giveaways with signed merchandise and prizes
Is Ronaldo planning to start his own blockchain platform?
Ronaldo may potentially establish his own blockchain platform to house his NFTs. This would not be the first time something like this has happened, since NBA player LeBron James started his own blockchain platform, Uninterrupted, in 2018.
Ronaldo’s NFTs will undoubtedly be in high demand. The Manchester United player is one of the world’s most popular sportsmen, and his presence in the NFT sector is guaranteed to pique people’s curiosity.
What distinguishes the CR7 NFT Collection?
One of the aspects that distinguishes Cristiano’s NFT collection is that it is one of the first to be backed by real-world assets. Cristiano is one of the world’s most famous sportsmen, and his name and image alone are enough to raise the standard for the new NFT collection.
Is the upcoming World Cup a profitable opportunity?
The World Cup is one of the most important sporting events in the world, attracting millions of spectators. This is without a doubt one of the most advantageous moments to explore investing in sports tokens. However, sports betting is the most popular option during an event like the Football World Cup. With so much activity expected over this period, online casinos that provide sports betting, such as BC. Game and Cloudbet might be ideal places to play and enjoy yourself.
Incentives: Top 5 sports personalities who have introduced NFTs
- Lionel Messi: In March 2021, the Barcelona star created an NFT collection with the cryptocurrency platform Sorare. The collection features ten digital drawings of Messi, each of which is limited to 1,000 copies.
- Michael Jordan: In February 2021, the NBA great unveiled an NFT collection with Dapper Labs. Jordan is featured in ten digital graphics in a limited edition of 1,000.
- Pelé: In March 2021, the Brazilian football star created an NFT collection with the blockchain platform Sorare. The collection features ten digital drawings of Pelé, each in a limited edition of 1,000.
- Ronnie O’Sullivan: In March 2021, the English snooker star collaborated with blockchain platform Sorare to develop an NFT collection. The collection has ten digital illustrations of O’Sullivan, each of which is limited to 1,000 copies.
- Serena Williams: In March 2021, the American tennis star created an NFT collection with the blockchain platform Tokeny. The collection features ten digital illustrations of Williams, each in a limited edition of 1,000.
Conclusion
Cristiano Ronaldo is widely recognized as one of the top soccer players in the world, and this is a significant achievement for both Cristiano and Binance. Many more well-known sportsmen and teams are anticipated to follow suit and launch their own NFT collections in the near future.
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