NFT Football: what they are and how to use them

Blockchain technology is revolutionizing the world of the web in general and is often also connected to gaming and sports. In this article we try to explain what NFTs, non-fungible tokens, are and how they are used in football. We will analyze the pros and cons of these products and list the most interesting projects of the moment based precisely on football NFTs.

Definition of NFT

NFTs, or non-fungible tokens, are unique cryptographic elements that use the blockchain system to represent a unique digital object. If the technology underlying NFTs is the same as cryptocurrencies, it is non-fungibility that makes the difference with digital coins. For example, a Bitcoin or an Ethereum are interchangeable with each other if the quantity is the same. An NFT, on the other hand, is unique and non-interchangeable. It is precisely the uniqueness (as happens with works of art) that gives the value to an NFT.

NFTs in the world of football: some examples

The world of sport and football, now inclined to ride any type of technological innovation, has thrown itself headlong into the world of NFTs. These tokens are thus revolutionizing the way in which fans or simple enthusiasts interact with the game, as in the casino non-aams casinos that pay immediately or with the same clubs. Below are some examples of digital objects that are currently very popular in the world of football NFTs:

• Digital Collectible Card: if once upon a time they collected stickers of Panini footballers, which however could have hundreds if not thousands of duplicates, today fans collect unique digital cards that immortalise footballers, teams or memorable moments of a season. These football NFTs can be bought, traded or sold
• Highlights and historical moments: they are videos or images of iconic moments from the most important matches, such as goals, spectacular saves or celebrations. These elements can be purchased as football NFTs and therefore give the fan the opportunity to own a unique piece of the club’s history.
• Digital merchandising: Virtual items such as T-shirts, scarves, caps or other accessories that fans can use in virtual worlds or online games.
• Event tickets: tickets for exclusive matches or events, obviously in a football NFT version that can be sold or transferred in a secure and transparent way thanks to blockchain technology.
• Exclusive experiences: access to special content, virtual meet-and-greets with footballers or virtual tours of stadiums or training centers offered as NFTs.

How are NFTs used in football?

The main actions that can be performed with a football NFT are:

• Purchase, exchange, sale and collection: the enthusiast can buy a non-fungible token on specialized platforms who have official partnerships with football clubs. Once in possession of the unique digital object, the fan can decide to collect, trade or sell it on digital markets.
• Interaction with the club: owning some types of football NFTs can give access to exclusive benefits such as meeting the players, signed merchandise or other VIP experiences during the season.
• Investment: Some NFTs may increase in value over time, especially those tied to historic moments or club stars. In this way NFTs become a real financial asset and you can decide to sell it at the moment to make a profit.
• Games and applications: the playful and entertainment part of football NFTs is certainly not lacking. For example, those who play fantasy football can use the NFTs they own to form teams or compete against other gamers.

NFT Football: Pros and Cons

Like any product, whether physical or virtual, NFTs also have advantages and disadvantages. In a very concise way, the pros are those on verifiable ownership, safety in use and the possibility of trading them globally. The cons instead derive from market volatility, environmental impact and regulation.

Famous Football NFT Projects

If this article has made you even more curious about football NFTs then we invite you to search on Google for the most famous and trending projects: Sorare, Socios, LaLiga and Dapper Labs, Fanz, ToppsNFT, Shirtum, Calcio AIFA, Fanzone, Fantestec SWAP and Real Fevr, just to name the most popular.