As the NFT craze continues to sweep across the industries of the world, it’s clear that the technology is moving away from the fringe “tech enthusiast” space and into the limelight. Although everyone is familiar with cryptocurrencies like Bitcoin or Ethereum at this stage, crypto isn’t the only thing in town. As NFTs, or non-fungible tokens, gain more mainstream attention, they are rapidly surpassing cryptocurrency in popularity. They can be used in modern art and real estate, as well as in sport, gaming, and contemporary art.
The NFT market has a valuation of multi-billion dollars. This is more than the value of many established cryptocurrencies that have existed for years. This market is expected to expand as more businesses and organizations adopt NFTs from a range of different industries. They are often used in art and gaming, but they also have a place in sports.
NFTs for Sports
NFTs have the potential to transform how fans relate with one another and with their favourite teams. This is evident in sports. Take, for instance, the fans of one football team. Every year season ticket holders have to decide whether or not they’ll renew their tickets as prices increase. Members must decide whether they wish to upgrade or purchase new seats.
Each year the price of tickets is increasing. This means fans have to pay more or risk losing their seats. Fans are faced with difficult decisions about whether to spend money on tickets for football or their daily necessities, such as food and utilities. NFTs, which can be used by a sports team to raise funds and fans who have season tickets can earn a share of any revenue that the team gets, can help to solve this dilemma. The fans earn tokens through NFTs, and can spend the tokens on various experiences and activities with their favourite club.
The NFTs allow fans to pay for both their ticket renewals and any other needs simultaneously. Fans will be able to collect tokens after watching a match. These tokens can then be used for other activities such as meeting favorite players or taking a tour around the stadium. This gives the fan a chance to be truly invested in the team’s success and also helps to keep the most devoted fans coming back year after year because they have access to exclusive team events and experiences which are only available to the team’s NFT holders.
NFTs are a great way for clubs to get more season ticket holders. They also give them the opportunity to lower their ticket prices. This allows clubs to make money by selling NFTs and redeeming them at events or games where they can receive a portion of the purchase.
NFTs have a lot more utility than digital art and other collectibles. However, the majority of existing NFTs for sports are not designed to offer NFTs at their best value to creators or holders.
MetaFans offers a unique platform to combine the joy of collecting sports memorabilia, with different levels of utility, to promote the creation of a fandom. MetaFans was the first company in its field to bring a range of unique sports NFTs to the market. It goes far beyond digital art and offers a whole new world of collectibles.
Maxfield Bala, Marion Phillips and Marion Phillips cofounded MetaFans. They use NFTs as a way to create a fan community that can receive residual rewards opportunities as well real-life experience with their favorite teams.
MetaFans has launched the first 10,000 Sports Fan NFTs. It also offers a reward-driven NFT collection, FanEpack NFTs. MetaFans will continue to grow beyond the sports world with its strategy, which not only supports NFT collectors but also helps brands, artists, gamers and athletes.
MetaFans Diamond Club Collection
MetaFans’ Diamond Club Collection is the main attraction the company offers NFT collectors and enthusiasts. It contains a set of 10,000 unique digital collectibles built on Ethereum’s ERC-721 standard. Maxfield Bala spent hours creating each of the unique traits by hand.
Bala is an internationally recognized illustrator and fine artist. His work has been used by brands such as Samsung, Coca-Cola, Disney and the NFL. His collaborations have included many major artistic projects all over the globe.
Every NFT purchased in the Diamond Club Collection (DC) gives the holder membership to a select group of blue-chip entrepreneurs and investors as well as lifestyle curators from the MetaFans ecosystem. MetaFans’ approach to sports fans is to offer them access to a digital country club. This feature will allow NFT owners on the MetaFans platforms to become part of an ever-growing, eccentric community of followers while also enjoying all the benefits and utility of NFT ownership.
The benefits of owning MetaFans NFTs
Additional features include the ability to access additional MetaFans DC NFTs. MetaFans also offers Owners Box Guest NFTs that grant the right to have the best seats at the house for entertainment and sports events. This set of NFTs includes super rare collectibles completely hand-drawn by Bala (the project’s founding artist).
A free MetaFans FanEpack will be available to all DC MetaFans DC members who possess Genesis MetaFans FTs. These NFTs can be used for various benefits and giveaways apart from the DC DC NFTs. You will have access to real-world merchandise and NFTs of clothes and accessories that you can use with multiple avatars throughout the metaverse. Additionally, there are future trade-up options such as the ability to accumulate enough FanEpack NCFTs to purchase a Backpack.
Conclusion: MetaFans Future Collaborations
NFTs are becoming a major trend for sporting teams across the globe, particularly among sports fans. Fans can interact with their favourite clubs in new ways that were previously impossible. While many teams have recognized this potential, they have yet to fully capitalize on it because they don’t understand the industry well enough.
MetaFans was created to fill this hole, which is the company’s core mission. A MetaFans NFT can be used to replace tickets for future events held by favorite clubs and teams in the US or abroad. These collectibles can also be used as promotional items during special events, giveaways, and other activities within the team’s community.
Many athletes are part of MetaFans’ ecosystem. MetaFans intends to work with musicians, professional athletes and other gaming professionals. NFT-holders in MetaFans communities will enjoy discounted access to NFT collection launches by different sports stars, musicians, influencers, and others at an enhanced price.
These developments and others in the MetaFans ecosystem are a great way to provide amazing rewards and gifts for NFT holders in sports and entertainment.