PSG is selling NFTs tickets for 30 million yen
A Non-Fungible Token, often known as NFT or a similar abbreviation, is basically a digital representation of an asset that may be exchanged online on crypto exchanges and other trading platforms. The majority of the time, the same software that is used to encode cryptocurrencies is also utilized to encode NFTs. From the standpoint of a layperson, selling a digital asset in return for a digital currency constitutes transactions in the market for digital assets.
The modern age of today is constantly searching for technological breakthroughs in all areas of life. When it comes to sports, this is the same. There is a trend change occurring in the sports world where NFTs are being used and traded excessively. Actually, NFTs, along with fan tokens and currencies, are continually in style all over the world. The trend is catching up as more and more football clubs and teams enter the NFT market each day. Football enthusiasts are constantly looking for possibilities to invest in NFTs associated with the game because they see this as a chance to gain access to special benefits that are only available to holders of digital tokens.
Sources claim that Sorare, a French business, has plugged the gap between sports, NFTs, and digital currencies. The business enables the players to buy, get, trade, and manage a virtual squad by using digital player cards. In 2019, the business was founded using Ethereum’s blockchains.
The NFT market will apparently be supported by Paris Saint-Germain F.C. The victorious soccer team, which also took first place in the French Ligue 1, is asking for 30 million yen for NFTs tickets. Tickets are available for the football club’s friendly matches against local Japanese teams. The team’s official website doubles as the trading platform for the three matches that are scheduled as part of PSG’s Japan tour. The NFT ticket will come with extra benefits, which raises interest in the ticket. The purpose of the NFT ticket is to provide the owner with additional access to the VIP area and allow them to party at the stadium with the athletes.