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Now, blockchain-based collectibles and games are changing the way we see and engage with athletes: as fans increasingly have the tools to contribute to, own, and expand the field of play for their favorite stars.Preparing for the upcoming Summer Olympics games in Paris, Michel Cadot advised the Prime Minister’s Office to implement blockchain ticketing for all major sports events around the Olympics held in Paris.
Individuals would receive their tickets as rotating QR codes via blockchain technology, with NFT tickets sent a few days before the event.
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Fans can obtain virtual plots of land within stadiums, earning rewards based on in-game events that take place in their area during official matches, such as goals, assists, and yellow cards.
In 2022, theAOannounced a celebratory NFT collection called Art Balls, featuring 6,776 unique digital tennis balls.
Fans and creators can submit designs for these NFTs.
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jpm wealth management ✌️【Work-Life Balance】✌️Begin your journey to financial growth with ₹500. Invest smart and earn big!Additionally, each NFT is linked to a specific section of the physical court, and owners of the section where the winning shot lands will receive exclusive game data.In addition, Major League Baseball (MLB), now offers game highlights in both historical and recent games, allowing fans to own a piece of content they could not before that can forever memorialize a favorite moment or a game that they attended.
MLB also allows fans to own memorabilia from players in a digital format, paving a new way to support favorite players that goes beyond a physical piece of memorabilia or trading card that could get lost, stolen, ripped or broken.
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jpm wealth management ✌️【Work-Life Balance】✌️Begin your journey to financial growth with ₹500. Invest smart and earn big!Agencies like Young Money APAA Sports are now providing clients with their own digital player cards, enabling athletes to profit from their name, image, and likeness and collect royalties on any resales.This digital approach allows athletes to capitalize on their fame and achievements in perpetuity, ensuring they benefit financially from their legacy.jpm wealth management ✌️【Work-Life Balance】✌️Smart investing starts at ₹500. Grow your wealth through high-yield options!