![]() ![]() Some sports, particularly tennis, golf and motor racing, are relatively expensive to pursue a career in. On top of the direct financial gain, athletes can add further incentives such as perks and access to exclusive events, similar to the NFTs offered by many rights holders. “If you think about it, it doesn’t make sense that only companies have access to money,” said Jonathan Ludwig, co-founder and chief executive of Fantium. “There are billions of sports enthusiasts in the world who would love to invest in these athletes and become part of their journey. The NFT sale that stands out in this list, is one of The Sandbox. “By connecting these talents with sports enthusiasts, we are making the sport more equal because as a young athlete, your success will no longer depend on your financial background.”įantium says the underlying technology behind NFTs will enable the revenue sharing element of the venture and believes it can create a new asset class that could potentially expand to other markets. A large estate of 144 land parcels sold for 530,000 SAND through an auction on OpenSea. That’s more than 278,000 calculated at the time the auction ended on Friday. That’s the only NFT sale that would not qualify as an artwork, avatar or digital collectible. Pre-empting suggestions that NFTs might be classified as securities in some markets, Fantium says it welcomes regulation and will comply with any legislation. “The dynamic and fragmented regulatory environment with specific requirements in each jurisdiction will remain one of our biggest challenges in the next few years, especially since our goal is to provide frictionless access to athlete investment in a compliant way.” “We believe that regulation will be good for the NFT industry overall, as it provides trust and transparency for NFT owners,” added Ludwig. The first athlete NFTs will launch in the fourth quarter of this year. The cost of pursuing a career in a professional sport is nothing new, especially in individual pursuits or those with a high barrier to entry. “A season on the professional tennis tour is costly,” noted Fantium investor Thiem. What is 10000000 The Sandbox worth in WRLD 10000000 The Sandbox is equal to 888,577,517.36 NFT Worlds. “Many young players are struggling a lot, especially when their parents cannot afford their career.”įor those without access to private funding or sponsorship, more novel approaches are sometimes required. ![]() We have added the most popular Fiat Currencies and Crypto Currencies for our Calculator/Converter. You can convert The Sandbox to other currencies from the drop down list. Back in 2003, aspiring Formula One driver Justin Wilson set up a up a company and sold shares in himself, promising to give investors a share of his future earnings in motorsport. He went on to drive for Minardi and Jaguar. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |