Cristiano Ronaldo to Release the First NFT Collection on Binance on Friday
A famous footballer, Cristiano Ronaldo, will exclusively release his first non-fungible token (NFT) collection on the Binance NFT marketplace on Friday. The launch comes almost five months after the Portuguese football s...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A famous footballer, Cristiano Ronaldo, will exclusively release his first non-fungible token (NFT) collection on the Binance NFT marketplace on Friday. The launch comes almost five months after the Portuguese football star signed a multi-year partnership deal with Binance.
The collection is aimed at giving the footballer’s fans an introduction to Web3 through the world of NFTs, Binance announced on Tuesday. The partnership will help more people to understand blockchain, He Yi, Binance’s Co-Founder and Chief Marketing Officer said, adding that the deal will also help the top exchange to “showcase how we are building Web3 infrastructure for the sports and entertainment industry.”
Own a piece of sports history forever with the @Cristiano Ronaldo NFT collection.Coming soon, exclusively on #Binance. Sign up now with code RONALDO for a surprise when the collection drops.
— Binance (@binance) November 15, 2022Speaking ahead of the launch, Ronaldo noted that the launch “rewards fans for all the years of support” in addition to capturing the passion for football. “It was important to me that we created something memorable and unique for my fans as they are such a big part of my success,” the footballer star said in the statement released by Binance.
More on the NFT Collection
According to Binance, the first NFT collection comprises seven animated statues of the football star’s iconic moments “from career-defining bicycle kicks to his childhood in Portugal.”
The leading cryptocurrency infrastructure provider noted that the NFTs will be released on the basis of 'four rarity levels' tagged Super Super Rare (SSR), Super Rare (SR), Rare (R), and Normal (N). Binance said five SSR and 40 SR NFTs will be auctioned on Friday starting at 10,000 BUSD for SSR and 1,700 BUSD for SR.
On top of that, the top cryptocurrency exchange said 6,600 NFTs comprising 600 R and 6,000 N will be offered via its Subscription Mechanism Launchpad. The Normal rarity will be auctioned starting at 77 BUSD, the cryptocurrency exchange said, adding that each rarity level will be packaged with its own set of exclusive perks.
“Future sets of the Cristiano Ronaldo NFT collection will be available in early 2023,” Binance added, noting that all collections will be available exclusively on its platform.
This article was written by Solomon Oladipupo at www.financemagnates.com.Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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